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Principles & Practices of Management Paper Code -101
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dG9wJyB3aWR0 Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/FalseQuestion Robert Owen was a railroad builder in America.
Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion What is lacking in Indian business companies management?
Correct Answer Professionalism
Your Answer Professionalism
Match The Following
Question Correct Answer Your Answer
Social effectiveness This component allowsyou to settle disputesamicably
This component allows youto settle disputes amicably
Alfred Bennet He is the father ofintelligence quotient
He is the father ofintelligence quotient
Daniel Goleman He is an AmericanBehavioural Scientist
He is an AmericanBehavioural Scientist
Empathy It is a component ofleadership due to therapid pace of globalisation
It is a component ofleadership due to the rapidpace of globalisation
Multiple Choice Multiple AnswerQuestion Features of direction would be :-
Correct Answer Pervasive function , Communication , Continuous process
Your Answer Pervasive function , Communication , Continuous process
Select The BlankQuestion Management as a discipline does not require any ________ of
practice.Correct Answer Certificate
Your Answer Certificate
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Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any
economy?Correct Answer Adequate and quality corporate governance
Your Answer Corporate laws
Multiple Choice Single AnswerQuestion What is possible to enforce among workers when morale is high
and when they are given participating opportunities?Correct Answer Self-discipline
Your Answer Self-motivating
Multiple Choice Single Answer
Question "The structure of consumer demand in India is like an iceberg".What is the rationale behind this statement?
Correct Answer We see only parts of ready potential on the surface
Your Answer We see only parts of ready potential on the surface
Multiple Choice Single AnswerQuestion Which of the following is not an area of operation of event
management?Correct Answer Banking
Your Answer Banking
True/FalseQuestion Wrong medium of communication is a physical barrier.
Correct Answer False
Your Answer False
Select The BlankQuestion Chesterd Bernard developed a theory of organization and
________ functions.Correct Answer Executive
Your Answer Executive
True/FalseQuestion The Indian consumer does not see shopping as an end in itself.
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Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion David C M cCelland identified three motives. Those are :-
Correct Answer Affiliation , Power , Achievement
Your Answer Affiliation , Power , Achievement
Select The BlankQuestion Different rates are levied by different states for ________ tax.
Correct Answer Entertainment
Your Answer Entertainment
True/FalseQuestion Board members should have an independent sense of judgment.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Any morale improvement programme of management mustembrace the following rules :-Correct Answer Respect individual , Be fair and just , Encourage initiative
Your Answer Respect individual , Be fair and just , Encourage initiative
Select The BlankQuestion The basic assumptions regarding human nature has been
classified in ________ which says he is gullible, not very brightand by nature resistant to change.
Correct Answer Theory X
Your Answer Theory X
Multiple Choice Multiple AnswerQuestion The various departments that an event management company
will have are :-Correct Answer Creative , Production , Client servicing
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Your Answer Creative , Production , Client servicing
True/False
Question Insider trading issue is an important aspect of corporategovernance.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Communication forms the link between every individual and
between one group and the other groups. What are the mainfacts which flow through individuals at various levels?
Correct Answer Concepts, opinions
Your Answer Concepts, co-ordination
Multiple Choice Multiple AnswerQuestion Vedanta being a systematic and formulated knowledge of life
and living, helps us to gain :-Correct Answer Harmony , Peace , Bliss
Your Answer Harmony , Peace , Bliss
True/FalseQuestion In principle the chairman and the CGO have the same role to
play.Correct Answer False
Your Answer False
Select The BlankQuestion Management is management of people and not the ________of
things.Correct Answer Direction
Your Answer Direction
True/FalseQuestion You should never measure the process and develop tools that
will measure your progress.Correct Answer False
Your Answer True
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Select The BlankQuestion Business ________ is the calculation of probable events to
provide against future.
Correct Answer Forecasting
Your Answer Planning
Multiple Choice Multiple AnswerQuestion A responsible leader always encourages his team members to :-
Correct Answer Think creatively , Think differently
Your Answer Think creatively , Think differently , Think logically
Multiple Choice Single AnswerQuestion Who is primarily known for his Time and motion studies?
Correct Answer Frank Gilberth
Your Answer F.W.Taylor
Select The BlankQuestion Govt. services comprise ________, defence and social goods.
Correct Answer Public administration
Your Answer Public administration
Select The BlankQuestion Physical needs are at the base of the hierarchy theory of
motivation while self actualization needs are at the ________.Correct Answer Apex
Your Answer Apex
Multiple Choice Single AnswerQuestion Which theory assumes that people are naturally lazy and will
avoid work and responsibilities if possible?Correct Answer Theory X
Your Answer Theory X
Multiple Choice Single AnswerQuestion Objectives are classified on the basis of :-
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Correct Answer Time and Levels
Your Answer Time and Levels
Multiple Choice Multiple AnswerQuestion EQ is born largely in the neurotransmitters if the brains limbic
system that governs the following :-Correct Answer Drives , Impulses , Feelings
Your Answer Drives , Impulses , Feelings
Select The BlankQuestion In management process, the most misinterpreted word is
________.Correct Answer Organizing
Your Answer Organizing
Select The BlankQuestion The four A's of the service section are acceptability, ________ ,
affordability, availability.Correct Answer Awareness
Your Answer Awareness
Select The Blank
Question Management is a creative and ________ process.
Correct Answer Continuous
Your Answer Continuous
Multiple Choice Multiple AnswerQuestion The old control techniques which were used through the years
are :-Correct Answer Unity of policies , Break-even analysis , Budgetary control
Your Answer Unity of policies , Break-even analysis , Budgetary control
Multiple Choice Multiple AnswerQuestion Emotional intelligence is said to be the ability to sense,
understand and effectively apply the power and acumen ofemotions as a source of :-
Correct Answer Information , Trust , Human energy
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Your Answer Information , Trust , Human energy
True/False
Question Correction of deviations is the point at which control can be seenas a part of the whole system of management and can berelated to other managerial functions.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Who said "Management is a multi-purpose organ that manages
a business, manages workers and work?Correct Answer Peter Drucker
Your Answer Peter Drucker
Multiple Choice Single AnswerQuestion Name the need under the level of hierarchy which has the
highest potency and a person who lacks basic necessities of lifewill primarily be motivated by such needs :-
Correct Answer Physiological
Your Answer Physiological
True/False
Question "When an insurance policy is sold, a promise is sold".
Correct Answer True
Your Answer True
True/FalseQuestion The purpose of control is not to appraise current and completed
action but to provide a basis for regulating future activities.Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
W.Edward Deming Introduced quality controlin Japan
Introduced quality controlin Japan
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Henry Fayol Referred to as 'The fatherof modern managementtheory'
Referred to as 'The fatherof modern managementtheory'
Federick W.Taylor Referred to as 'The father
of scientific management'
Referred to as 'The father
of scientific management'
Vilfredo Pareto Referred to as 'The fatherof the social systemsapproach' to organizationand management
Referred to as 'The fatherof the social systemsapproach' to organizationand management
Multiple Choice Multiple AnswerQuestion Components of planning would include :-
Correct Answer Objectives , Budgets , Procedures
Your Answer Objectives , Budgets , Procedures
Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major
fears likeCorrect Answer Right successor , Stumbling self confidence , Lack of
professional managementYour Answer Right successor , Stumbling self confidence , Lack of
professional management
Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?
Correct Answer Organized
Your Answer Organized
Multiple Choice Multiple AnswerQuestion Budgetary control involves budgets such as :-
Correct Answer Sales , Production , Cash
Your Answer Sales , Production , Cash
Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Positive motivation makes people willing to do their work in the best way
they can and improve their ________.
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Correct Answer Performance
Your Answer Productivity
Select The BlankQuestion ________ degree of delegation is that in which a superior states a
particular task to his subordinates and tells them to investigate on thattask and report back.
Correct Answer LowYour Answer Moderate
Multiple Choice Single AnswerQuestion Who said, Management is the creation and maintenance of internal
environment in an enterprise, where individuals working in groups canperform efficiently and effectively towards the attainment of gr
Correct Answer Koontz & O Donell
Your Answer Koontz & O Donell
Multiple Choice Single AnswerQuestion Who said, 'Direction is telling people what to do and seeing that they do it
to the best of their ability'?Correct Answer Dale
Your Answer Dale
True/FalseQuestion It is said that always lines of communication should be open.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Which ethical factor argues that there is no universal set of principles by
which to judge mortality?Correct Answer Ethical Relativism
Your Answer Ethical Relativism
Multiple Choice Single Answer
Question Who said, Management is a multiple organ that manages a business,manages a manager and manages workers and work?
Correct Answer Peter Drucker
Your Answer Peter Drucker
Select The Blank
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Question ________ activities include co-ordination and control.
Correct Answer Managerial
Your Answer Managerial
Multiple Choice Multiple AnswerQuestion The following are the elements of control
Correct Answer Authority and knowledge , Guidance and direction , Constraint andrestraint
Your Answer Guidance and direction , Comparison and correctiveness
Multiple Choice Multiple AnswerQuestion The negative type of motivators will include :-
Correct Answer Fear , Force , Reprimands
Your Answer Fear , Force
Multiple Choice Single AnswerQuestion The share of services in GDP changes with the economic cycle. A
cyclical upturn would thus result in :-Correct Answer Resource allocation away from the service sector
Your Answer Resource allocation away from the service sector
Multiple Choice Multiple AnswerQuestion The different components of EQ would be :-
Correct Answer Self-awareness , Emotional management , Empathy
Your Answer Self-awareness , Emotional management , Empathy
Multiple Choice Single AnswerQuestion What should be kept open for effective delegation?
Correct Answer Communication
Your Answer Communication
Multiple Choice Multiple AnswerQuestion To get over tensions and stress one must practice the yogic exercises
that consist of :-Correct Answer Abstinence , Meditation , Breath-control
Your Answer Abstinence , Meditation , Breath-control
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Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management is
Correct Answer Legal
Your Answer Legal
Select The BlankQuestion Brands are associated with lifestyles and people's ________.
Correct Answer Aspirations
Your Answer Expectations
Multiple Choice Single AnswerQuestion Management is
Correct Answer Creative
Your Answer Supportive
Multiple Choice Single AnswerQuestion This is a type of motivational technique training given to the groups of
managers themselves so that they may behave with and motivate theirsubordinates better :-
Correct Answer Sensitivity training
Your Answer Leadership training
True/FalseQuestion Under pre-requisites of planning performance budgeting is meaningful
without control.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science and
Correct Answer Profession
Your Answer Profession
Select The BlankQuestion Management is a creative and ________ process.
Correct Answer Continuous
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Your Answer Continuous
True/FalseQuestion Demand forecast is one of the popular forecasts.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Management is not just a
Correct Answer Process
Your Answer Process
Select The BlankQuestion ________ means draw prior conclusions about the probable of
production, sales, profits in the future, on the basis of research.Correct Answer Forecasting
Your Answer Forecasting
Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major fears
likeCorrect Answer Right successor , Stumbling self confidence , Lack of professional
management
Your Answer Right successor , Stumbling self confidence , Lack of professionalmanagement
Multiple Choice Single AnswerQuestion What hampers organisational communication?
Correct Answer Barrier
Your Answer Barrier
Multiple Choice Multiple AnswerQuestion Under the kinds of motivation, employees are different individually yet,
they all want the following things from the job :-Correct Answer Job security , Congenial associates , Fair wages
Your Answer Job security , Congenial associates , Fair wages
True/FalseQuestion The larger the organization, the more easier is the control process with
respect to overall results.
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Correct Answer False
Your Answer False
True/FalseQuestion Good motivation lead to low morale. High morale is the manifestation of a
weak or defective motivating process.Correct Answer False
Your Answer False
True/FalseQuestion Vision without mission is incomplete and mission without vision is
meaningless.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The neocortex governs the abilities such as :-
Correct Answer Technical , Analytical , Conceptual
Your Answer Technical , Analytical
Match The Following
Question Correct Answer Your Answer
Management requireslearning
Art requires knowledge Art requires knowledge
Science is developed Over a period of time Over a period of time
Management as a discipline Has no centralized rule-making authority
Has no centralized rule-making authority
Management is amultipurpose organ
That manages a business That manages a business
Management is understoodby performance
Management is whatmanagement does
Management is whatmanagement does
Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?
Correct Answer Organized
Your Answer Organized
Multiple Choice Multiple Answer
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Question The general management challenges faced by the service sector are :-
Correct Answer Communicating the concept , Differentiating factors , Revenue model
Your Answer Communicating the concept , Differentiating factors , Revenue model
Multiple Choice Multiple AnswerQuestion Under the role of management consultant, consultant acts as a :-
Correct Answer Motivator , Leader , Counselor
Your Answer Motivator , Leader , Counselor
True/FalseQuestion Learning organizations must adopt processes that encourage interaction
across boundaries
Correct Answer True
Your Answer True
Select The BlankQuestion The service sector has expanded because of the virtual stagnation of the
________ sector.Correct Answer Agricultural
Your Answer Agricultural
Select The BlankQuestion ________ with sympathy can reduce some of the daily frustrations inorganised life and result in better communication.
Correct Answer Listening
Your Answer Listening
Match The Following
Question Correct Answer Your Answer
Disclosures Transparent Transparent
Shareholder democracy Myth in India Myth in India
Planning Board of directors Board of directors
Trust Corporate governance Corporate governance
Multiple Choice Multiple Answer
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Question Some of the management functions mentioned by Henry Fayol are :-
Correct Answer Planning , Control , Co-ordination
Your Answer Planning , Control , Co-ordination
Select The BlankQuestion ________ is a tool for corporate governance.
Correct Answer Communication
Your Answer Communication
Multiple Choice Single AnswerQuestion Who is the father of Intelligence Quotient ?
Correct Answer Alfred Bennet
Your Answer Alfred Bennet
True/FalseQuestion Standard Batteries is a flagship company of the Thapar Group.
Correct Answer False
Your Answer False
True/FalseQuestion Good competitive skills are a potential external opportunity of learning
organizations.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery
Materials and Information?
Correct Answer Anonymous
Your Answer Anonymous
Multiple Choice Multiple AnswerQuestion Virtuous acts include:-
Correct Answer Honesty , Integrity , Tolerance
Your Answer Honesty , Tolerance
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True/FalseQuestion Safety needs are those where the person feel important and must also
receive recognition from others.Correct Answer False
Your Answer True
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Multiple Choice Multiple AnswerQuestion Ethical concepts include:
Correct Answer Ethical subjectivism , Consequentialism , Ethics of Virtue
Your Answer Ethical subjectivism , Consequentialism , Ethics of Virtue
Select The BlankQuestion Producer services are trade,________communication and financial
services.
Correct Answer transport
Your Answer transport
Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science and
Correct Answer Profession
Your Answer Profession
Select The BlankQuestion As Koonfz comments, ________ is deciding in advance what to do,how to do it and who is to do it.
Correct Answer Planning
Your Answer Planning
Multiple Choice Multiple AnswerQuestion Objectives can be classified as
Correct Answer On the basis of time , On the basis of functions , On the basis oflevels
Your Answer On the basis of time , On the basis of functions , On the basis oflevels
Multiple Choice Single AnswerQuestion Who said, Management is the creation and maintenance of internal
environment in an enterprise, where individuals working in groupscan perform efficiently and effectively towards the attainment of gr
Correct Answer Koontz & O Donell
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Your Answer Koontz & O Donell
Multiple Choice Multiple AnswerQuestion Components of planning would include
Correct Answer objectives , budgets , procedures
Your Answer objectives , budgets , procedures
Multiple Choice Single AnswerQuestion Management is
Correct Answer Creative
Your Answer Creative
Select The BlankQuestion Objectives' is a wider term and ________ is part of parcel of it.
Correct Answer mission
Your Answer vision
Multiple Choice Multiple AnswerQuestion The different types of motivators would be
Correct Answer Positive , External , Financial
Your Answer Positive , External , Financial
Multiple Choice Single AnswerQuestion Management is
Correct Answer Multidisciplinary
Your Answer Multidisciplinary
Multiple Choice Single AnswerQuestion Organization is apart of which type of system?
Correct Answer Social
Your Answer Social
True/FalseQuestion It is said that always lines of communication should be open.
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Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion The main role of management consultant to the organisation is to
provideCorrect Answer Recommendations
Your Answer Recommendations
Multiple Choice Single AnswerQuestion Who said, Management is a multiple organ that manages a
business, manages a manager and manages workers and work?Correct Answer Peter Drucker
Your Answer Peter Drucker
Multiple Choice Single AnswerQuestion Who said, 'Direction is telling people what to do and seeing that they
do it to the best of their ability'.Correct Answer Dale
Your Answer Dale
Select The BlankQuestion Govt. services comprise________, defence and social goods.
Correct Answer public administration
Your Answer public administration
True/FalseQuestion Demand forecast is one of the popular forecasts.
Correct Answer True
Your Answer True
True/FalseQuestion Board members should have an independent sense of judgment.
Correct Answer True
Your Answer True
Select The Blank
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Question The process of control is complete only when the organisation take________ action.
Correct Answer corrective
Your Answer corrective
Multiple Choice Multiple AnswerQuestion Advantages of SBU's are
Correct Answer Quick response to environmental changes , Increased focus onproducts and market , Facilitating development of General Managers
Your Answer Quick response to environmental changes , Increased focus onproducts and market , Facilitating development of General Managers
Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal
environment Factor influences Management?Correct Answer Machines
Your Answer Machines
Multiple Choice Multiple AnswerQuestion Research into the average Indian buying habits have brought about
the following factsCorrect Answer they prefer to pay in cash , they like to touch and feel the
merchandise , they want attention to be given to all members of theirgroup
Your Answer they prefer to pay in cash , they like to touch and feel the
merchandise , they want attention to be given to all members of theirgroup
True/FalseQuestion Decision-making is a primary part of the managerial process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Few of the management principles given by Henry Fayol are:
Correct Answer Division of work , Discipline , Authority and responsibility
Your Answer Division of work , Discipline , Authority and responsibility
True/FalseQuestion Expectancy theory of motivation predicts that an individual will
generally be a high performer when he see a high probability that his
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efforts will lead to high performance.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion One of the external factors that influence management is
Correct Answer Legal
Your Answer Legal
Match The Following
Question Correct Answer Your Answer
Appley L Management ismanagement of people andnot the direction of things
Management ismanagement of people andnot the direction of things
Definition of Management Management ismanagement of men,money, machinery,materials and information
Management ismanagement of men,money, machinery, materialsand information
Koontz and O'Donell Management is the creationand maintenance of internalenvironment in anenterprise
Management is the creationand maintenance of internalenvironment in an enterprise
Peter Drucker Management is a multi-purpose organ thatmanages a business,manages workers and work
Management is a multi-purpose organ that managesa business, managesworkers and work
Select The BlankQuestion ________ is effective only in big organizations.
Correct Answer Decentralization
Your Answer Decentralization
Multiple Choice Single AnswerQuestion People with high EQ understand people's which factor ?
Correct Answer Expectations
Your Answer Expectations
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Multiple Choice Single AnswerQuestion Decision-making is what type of process ?
Correct Answer Intellectual
Your Answer Managerial
Multiple Choice Single AnswerQuestion Which among the following is a general management challenge in
the insurance sector?Correct Answer Training
Your Answer Training
Multiple Choice Single Answer
Question The purpose of communication is informing others and becominginformed, directing others and being directed andCorrect Answer Influencing others and being influenced
Your Answer understanding others and being understood
Multiple Choice Multiple AnswerQuestion Franchisee stores can be categorized as
Correct Answer Gift and Card Stores , Apparel Stores , Jewellery Stores
Your Answer Gift and Card Stores , Apparel Stores , Jewellery Stores
Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery
Materials and Information?Correct Answer Anonymous
Your Answer Anonymous
Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management
is
Correct Answer Legal
Your Answer Legal
Multiple Choice Single AnswerQuestion Who said "Management is a multi-purpose organ that manages a
business, manages workers and work?
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Correct Answer Peter Drucker
Your Answer Peter Drucker
True/FalseQuestion Correction of deviations is the point at which control can be seen as
a part of the whole system of management and can be related toother managerial functions.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion One of the popular forecast is
Correct Answer Demand
Your Answer Demand
True/FalseQuestion Indian business families are still avoiding joint ventures and tie-ups.
Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management
isCorrect Answer Place
Your Answer Place
Multiple Choice Multiple AnswerQuestion The experts who dealt in Behavioral Sciences are :
Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo
Your Answer Max Weber , Vilfredo Pareto , Elton Mayo
True/FalseQuestion Science is a body of organized knowledge
Correct Answer True
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Your Answer True
Multiple Choice Single Answer
Question Management is not just a
Correct Answer Process
Your Answer Process
Select The BlankQuestion A new sector has emerged in modern times, known as ________
management.Correct Answer event
Your Answer event
True/FalseQuestion The essence of control is that it is aimed at results and not
necessarily at people as such.Correct Answer True
Your Answer True
Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion A rule governing Indian companies states that policy holder's
funds must be________only in India.Correct Answer invested
Your Answer invested
Select The BlankQuestion Events like trade fairs are handled by government
authorities, for example the biggest concourse under thesun, ________ is again handled by Allahabad MunicipalCorporation.
Correct Answer Kumbhmela
Your Answer Kumbhmela
Multiple Choice Multiple Answer
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Question Name the flagship companies under the group of "AdityaBirla"
Correct Answer Hindalco , Indo-Gulf Fertilizers , Birla Corporation
Your Answer Hindalco , Indo-Gulf Fertilizers , Birla Corporation
True/FalseQuestion Financial institutions should maintain a close relationship to
seek a seat on the board.Correct Answer False
Your Answer True
Select The BlankQuestion The retailing sector in India has been quite________.
Correct Answer staid and boring
Your Answer staid and boring
Match The Following
Question Correct Answer Your Answer
Robert Owen He was a cotton millowner, pioneered ideasabout better treatment of
workers
He was a cotton millowner, pioneered ideasabout better treatment of
workersMax Weber His ideas have had great
influence on how peopleview large organizations
His ideas have had greatinfluence on how peopleview large organizations
Hugo Munsterberg He applied psychology toadvertising, marketingand personnel
He was a Germanpsychologist pioneered inthe field of industrialpsychology
Henry Towne He was an engineer andrealized the importanceof good business skills
He was an engineer andrealized the importance ofgood business skills
Select The BlankQuestion To solve the HR issues, one of the remedy is to emphasis on
overall ________ development through training andexposure.
Correct Answer Personality
Your Answer Personality
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Multiple Choice Single AnswerQuestion Name the group of related businesses that can be taken for
the sake of strategic planning, distinct from the rest of the
businessesCorrect Answer strategic business units
Your Answer strategic business units
True/FalseQuestion 'Span of control' is also referred to as span of management.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion How many billion dollars is our Retailing sector estimated to
be?Correct Answer $ 180 billion
Your Answer $ 180 billion
Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any
economy?
Correct Answer Adequate and quality corporate governance
Your Answer Insider training
True/FalseQuestion Planning can eliminate risk, but can not minimize it.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion The summary of important trends in retailing is
Correct Answer non store retailing , global players vs local players , efficiencyand focus
Your Answer non store retailing , global players vs local players , efficiencyand focus
Multiple Choice Multiple Answer
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Question RBI's present report on currency and finance divides thesector into
Correct Answer consumer services , Govt. services , producer services
Your Answer consumer services , Govt. services , producer services
Match The Following
Question Correct Answer Your Answer
Functional managementchallenges
Management accountingand taxation
Management accountingand taxation
Corporatization ofservices
Accountants Accountants
Reason for expansion ofservice sector
Failure to sustain anadvantage inmanufacturing activities
Failure to sustain anadvantage inmanufacturing activities
Service sector is notinfluenced by this system
licensing system licensing system
True/FalseQuestion Decreased productivity is a cost of low IQ.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion Corporate governance aims at
Correct Answer better transparency , ethics , accountability
Your Answer better transparency , ethics , accountability
Multiple Choice Multiple AnswerQuestion In the complex new liberalized economy business families
face common problems such asCorrect Answer Unproductive labour , Falling share value , Transnational
attachYour Answer Unproductive labour , Falling share value , Transnational
attach
Select The BlankQuestion The statement "We sell for Less" is deliberately ambiguous,
it raises the question; 'Less than what', this is called as,________ to communication.
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Correct Answer Semantic barrier
Your Answer Semantic barrier
True/FalseQuestion Good competitive skills are a potential external opportunity of
learning organizationsCorrect Answer False
Your Answer True
Multiple Choice Single AnswerQuestion Which among the following is a component of planning ?
Correct Answer Rules
Your Answer Rules
Multiple Choice Single AnswerQuestion Which of the options best describes the employment
capacity of the retailing sector? It is theCorrect Answer second largest employer after agriculture
Your Answer second largest employer after agriculture
Multiple Choice Multiple AnswerQuestion Any morale improvement programme of management must
embrace the following rules.Correct Answer Be fair and just , Encourage initiative , Respect individual
Your Answer Respect individual , Be fair and just , Encourage initiative
Multiple Choice Multiple AnswerQuestion Under principle of effective communication what should be
fully understood by all concerned.Correct Answer tasks , policies , responsibilities
Your Answer tasks , policies , responsibilities
Multiple Choice Single AnswerQuestion Which of the options mentioned below would be categorized
as a Franchisee store?Correct Answer Footwear stores
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Your Answer Footwear stores
Multiple Choice Single Answer
Question Indians like to be served
Correct Answer preferably by the same salesman every time
Your Answer preferably by the same salesman every time
Multiple Choice Single AnswerQuestion Which of the following business houses has gone the retail
way?Correct Answer Rahejas
Your Answer Rahejas
True/FalseQuestion Empathy is important for the need to retain talent.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Who included Espirit De Corps as a management principle?
Correct Answer Henry Fayol
Your Answer Henry Fayol
Select The BlankQuestion Direction is a ________ function performed by all the
managers at all levels of the organisation.Correct Answer managerial
Your Answer managerial
Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear
on performance areCorrect Answer managerial incentives , disciplining , corporate restructuring
Your Answer managerial incentives , disciplining , corporate restructuring
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Select The BlankQuestion Actuary is one who specializes in the________of insurance.
Correct Answer mathematics
Your Answer mathematics
Multiple Choice Multiple AnswerQuestion Fredrick Winslow Taylor's Mechanism of scientific
management includes,Correct Answer Scientific task setting , Planning task setting ,
Standardization of toolsYour Answer Scientific task setting , Planning task setting ,
Standardization of tools
Multiple Choice Single AnswerQuestion What is the essential process of adaption in organizations?
Correct Answer Decision
Your Answer Co-ordinating
Select The BlankQuestion Govt. services comprise________, defence and social
goods.Correct Answer public administration
Your Answer public administration
Multiple Choice Multiple AnswerQuestion Application of general management functions to the
insurance sector isCorrect Answer co-ordinating , controlling , directing
Your Answer co-ordinating , controlling , directing
Multiple Choice Single AnswerQuestion What are the difficulties business houses face while
restructuring their businesses.Correct Answer Painful, expensive
Your Answer Painful, expensive
True/FalseQuestion The unorganized sector is mainly concentrated in
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metropolitan cities.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion Name the factors determining decentralization of authority.
Correct Answer Size of the organization , Uniformity of policy , History of theenterprise
Your Answer Size of the organization , Uniformity of policy , History of theenterprise
True/FalseQuestion W.Edward Deming introduced quality control in Japan.
Correct Answer True
Your Answer True
True/FalseQuestion India should borrow management skill from other countries
but one should never borrow the use of the mechanical artsand applied sciences -
Correct Answer False
Your Answer True
True/FalseQuestion You should never measure the process and develop tools
that will measure your progress.Correct Answer False
Your Answer False
Select The BlankQuestion Planning, organizing and controlling demand effective
________ at all stages if they are to be successful.Correct Answer decision making
Your Answer decision making
Select The BlankQuestion The scope for retailing in India is great as it is dominated by
the________.
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Correct Answer unorganized sector
Your Answer unorganized sector
Multiple Choice Single AnswerQuestion "The structure of consumer demand in India is like an
iceberg". What is the rationale behind this statement?Correct Answer we see only parts of ready potential on the surface
Your Answer we see only parts of ready potential on the surface
Multiple Choice Multiple AnswerQuestion Certain important motivational techniques are
Correct Answer Monetary incentives , Job-based techniques , MBO
techniquesYour Answer Monetary incentives , Job-based techniques , MBO
techniques
Select The BlankQuestion ________ degree of delegation is that in which a superior
states a particular task to his subordinates and tells them toinvestigate on that task and report back.
Correct Answer Low
Your Answer Low
PPM assgn :12: Mayur
Multiple Choice Single Answer
Question Corporatization of the service sector is essentially
Correct
Answer
professionally managed services
YourAnswer
professionally managed services
True/False
Question Management as a discipline needs certificate of practice.
CorrectAnswer
False
YourAnswer
False
Select The Blank
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Question Peter Durcker's classic book is known as 'The ________ ofmanagement'.
Correct
Answer
Practice
YourAnswer Practice
Match The Following
Question Correct Answer Your Answer
Science is developed Over a period of time Over a period of time
Management as a discipline Has no centralized rule-
making authority
Has no centralized rule-
making authority
Management is a
multipurpose organ
That manages a business That manages a business
Management is understood
by performance
Management is what
management does
Management is what
management does
Management requires
learning
Art requires knowledge Art requires knowledge
Multiple Choice Single AnswerQuestion What is that the consultant must be able to recognise about the
client's future needs ?
CorrectAnswer
Vision
Your
Answer
Vision
True/FalseQuestion Management is the combination of Arts,Science and Profession.
Correct
Answer
True
YourAnswer
True
Multiple Choice Multiple AnswerQuestion Name the leading ad agencies in India that have a separate event
section.Correct
Answer
Vigennet , Ogilvy , Mathers
YourAnswer
Vigennet , Ogilvy , Mathers
Multiple Choice Single AnswerQuestion State Bank of India has collaborated with which foreign insurance
company?
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CorrectAnswer
Cardiff
Your
Answer
IWG Group
True/False
Question Delegation and decentralization are closely related to each other.
CorrectAnswer
True
Your
Answer
True
True/FalseQuestion Event management in India is an ancient activity.
Correct
Answer
False
YourAnswer
False
Multiple Choice Single AnswerQuestion Management is purposeful and what?
CorrectAnswer
Goal oriented
Your
Answer
Goal oriented
True/FalseQuestion Science is a body of organized knowledge.
Correct
Answer
True
YourAnswer
True
Multiple Choice Single AnswerQuestion This is the most suitable form of communication but if misused, it is
the most stupid form, what is it ?
Correct
Answer
Silence
YourAnswer
Body language
True/False
Question Gita has nothing to do with leadership in management
Correct
Answer
False
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YourAnswer
False
Multiple Choice Multiple Answer
Question The external environmental factors that influence management are
Correct
Answer
Economic , Political , Technological
YourAnswer
Economic , Political , Technological
Multiple Choice Single Answer
Question Successful consultants should promote their consultancy through
what ?Correct
AnswerNetwork
Your
Answer
Network
Select The Blank
Question To enhance emotional intelligence, ________ must refocus theirtraining to include the limbic system.
CorrectAnswer
Organisations
YourAnswer
Organisations
Multiple Choice Single Answer
Question A business unit must meet specific criteria, if it wants to be called an
SBU. These areCorrect
Answer
Definable group of competitors
YourAnswer
Definable group of competitors
Multiple Choice Multiple Answer
Question The various departments that an event management company willhave are
Correct
Answer
creative , production , client servicing
Your
Answer
creative , production , client servicing
Multiple Choice Single Answer
Question Planning is based on future conditions which are dynamic, hence it issaid to be
Correct
Answer
Flexible
YourAnswer
Flexible
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Multiple Choice Single AnswerQuestion Profession requires definite period of what?
CorrectAnswer
Learning
Your
Answer
Learning
True/False
Question Science has no predictive power
CorrectAnswer
False
Your
Answer
False
True/FalseQuestion An organization consists of individuals in which their formal roles and
structural positions bring them closer.Correct
Answer
True
YourAnswer
True
Select The BlankQuestion ________ learning requires skills for sharing information and
knowledge, particularly implicit knowledge, assumptions and benefitsthat are traditionally beneath the surface.
Correct
Answer
Collective
YourAnswer
Collective
Multiple Choice Single Answer
Question What are the difficulties business houses face while restructuring theirbusinesses.
CorrectAnswer
Painful, expensive
Your
Answer
Expensive, low profit
True/FalseQuestion Unity of command means that employees should receive orders from
one superior only.
CorrectAnswer
True
YourAnswer
True
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Select The BlankQuestion Many large corporations consist of a number of SBU's. Each SBU will
have its own ________.
Correct
Answer
CEO
Your
Answer
Director
Multiple Choice Single AnswerQuestion Which ethical factor argues that there is no universal set of principles
by which to judge mortality?
CorrectAnswer
Ethical Relativism
YourAnswer
Ethical Subjectivism
Multiple Choice Single Answer
Question Science is a body of which type of Knowledge?
Correct
Answer
Organized
Your
Answer
Organized
Multiple Choice Single AnswerQuestion Which leading television channel has separate event sections that
work for the promotion of the programmes aired by their network?
CorrectAnswer
Zee T.V.
YourAnswer MTV
True/FalseQuestion Human thoughts are classified under Tamas Rajas and Hettwa
CorrectAnswer
False
YourAnswer
True
Select The BlankQuestion ________ is effective only in big organizations.
Correct
Answer
Decentralization
Your
Answer
Decentralization
True/FalseQuestion Indian companies because of confused status have lacked self-
confidence.
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CorrectAnswer
True
Your
Answer
True
Multiple Choice Single Answer
Question What type of planning Indian business families are doing
CorrectAnswer
Succession
Your
Answer
Succession
Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal
environment Factor influences Management?
Correct
Answer
Machines
Your
Answer
Machines
True/False
Question Before 1990, Global players were allowed to enter and operate inIndian Market.
CorrectAnswer
False
YourAnswer
False
Multiple Choice Multiple AnswerQuestion David C Mc Celland identified three motives those are
CorrectAnswer
Affiliation , Power , Achievement
YourAnswer
Affiliation , Power , Achievement
True/False
Question Demand forecast is one of the popular forecasts.
Correct
Answer
True
YourAnswer
True
True/FalseQuestion Procedures establish a useful method of doing work and thus it can
eliminate friction between departments.
Correct
Answer
True
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YourAnswer
True
Multiple Choice Single Answer
Question Management exists at which levels of the organization?
CorrectAnswer
All
Your
Answer
All
Multiple Choice Multiple Answer
Question The defination of decision involves following characteristics
CorrectAnswer
Involves Rationality , Involves Commitment , Involves Mental Process
Your
Answer
Involves Rationality , Involves Commitment , Involves Mental Process
Multiple Choice Multiple AnswerQuestion Delegation becomes a necessity due to the following reasons:
Correct
Answer
Structure of authority , Accountability , Superiors need to address
important issuesYour
Answer
Structure of authority , Accountability , Superiors need to address
important issues
Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/FalseQuestion Positive morale definitely influences the productivity of a group
and reduces the amount of supervision necessary for the desiredoutput.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Feature of management Management is dynamic Management is dynamic
Fundamental functions ofmanagement
Planning, organizing,actuating and controlling
Planning, organizing,actuating and controlling
Characteristic of Management is an Management is an
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management endeavour to achieve thepre-determined objectives
endeavour to achieve thepre-determined objectives
Scope of management Management is an inter-disciplinary approach
Management is an inter-disciplinary approach
Select The BlankQuestion One of the earlier users of this strategic business unit was
________.Correct Answer General Electrical Co.
Your Answer General Electrical Co.
Select The BlankQuestion The ________ appeared in the book, In search of Excellence.
Correct Answer 7 S model
Your Answer 7 S model
Multiple Choice Multiple AnswerQuestion Research into the average Indian buying habits have brought
about the following factsCorrect Answer they prefer to pay in cash , they like to touch and feel the
merchandise , they want attention to be given to all members oftheir group
Your Answer they prefer to pay in cash , they like to touch and feel themerchandise , they want attention to be given to all members of
their group
True/FalseQuestion Standard Batteries is a flagship company of the Thapar Group.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion The components of competitive analysis are :
Correct Answer Future goals , Current strategy , Capabilities
Your Answer Future goals , Current strategy , Capabilities
True/FalseQuestion A wisdom worker is one who focuses on self-control.
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Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The concept of SBU includes
Correct Answer unrelated products and businesses that are separated , the factthat each SBU has its own CEO , a scientific method of groupingthe business
Your Answer unrelated products and businesses that are separated , the factthat each SBU has its own CEO , a scientific method of groupingthe business
Multiple Choice Single AnswerQuestion The service sector is the most diverse sector in the economy
and one of the oldest professions present today areCorrect Answer Indian administrative services
Your Answer Indian administrative services
Multiple Choice Single AnswerQuestion One of the external environment factors that influences
Management isCorrect Answer Legal
Your Answer Legal
Multiple Choice Single AnswerQuestion In which form does event management exist in India?
Correct Answer nascent
Your Answer nascent
Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money,
Machinery Materials and Information?Correct Answer Anonymous
Your Answer Anonymous
Multiple Choice Multiple AnswerQuestion The process of forecasting is based on
Correct Answer Future trends , Current analysis , Past performance
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Your Answer Future trends , Current analysis , Past performance
Multiple Choice Single Answer
Question Management is the combination of Arts, Science and
Correct Answer Profession
Your Answer Profession
Select The BlankQuestion Management as a discipline is the function of________.
Correct Answer creativity
Your Answer creativity
Multiple Choice Single AnswerQuestion What is the authority for the SBU which is delegated to each
person heading it, and can adapt quickly to any environmentalchange?
Correct Answer Decision-making
Your Answer Decision-making
Multiple Choice Single AnswerQuestion To become a successful consultant, name the skill required
Correct Answer negotiation
Your Answer negotiation
Multiple Choice Single AnswerQuestion Management is not just a
Correct Answer Process
Your Answer Process
Multiple Choice Multiple AnswerQuestion Types of degree of delegations are:
Correct Answer Low degree , Moderate degree , High degree
Your Answer Low degree , Moderate degree , High degree
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Multiple Choice Single AnswerQuestion What is possible to enforce among workers when morale is high
and when they are given participating opportunitiesCorrect Answer Self-discipline
Your Answer Self-motivating
Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning are
Correct Answer Time Consuming , Expensive device , Heavy cost of planning
Your Answer Time Consuming , Expensive device , Heavy cost of planning
Multiple Choice Single Answer
Question The goal of human activity is pure consciousness but some alsopreferCorrect Answer Patanjali Yoga Sutra
Your Answer Patanjali Yoga Sutra
Multiple Choice Multiple AnswerQuestion Delegation becomes a necessity due to the following reasons:
Correct Answer Structure of authority , Accountability , Superiors need toaddress important issues
Your Answer Structure of authority , Accountability , Superiors need to
address important issues
Multiple Choice Single AnswerQuestion One of the internal environment factors that influences
management isCorrect Answer Place
Your Answer Place
True/FalseQuestion Fast food chains are not a corporatised service.
Correct Answer False
Your Answer False
Select The BlankQuestion ________means that private and foreign investors can
participate in the Indian Insurance Sector.
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Correct Answer Liberalization
Your Answer Liberalization
True/FalseQuestion There are three central ideas associated with consequentialism.
Correct Answer False
Your Answer False
True/FalseQuestion Science is a body of organized knowledge
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion State the barriers to delegation of authority?
Correct Answer Over-confidence
Your Answer Over-confidence
True/False
Question The purpose of control is not to appraise current and completedaction but to provide a basis for regulating future activities.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion The fundamental objective of corporate governance is
essentiallyCorrect Answer enhancement of long term shareholder value
Your Answer enhancement of long term shareholder value
True/FalseQuestion It is said that no company is allowed to deal in life and non-life
insurance as a single entity.Correct Answer True
Your Answer False
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Select The BlankQuestion Training your subordinate means ________ them.
Correct Answer Motivating
Your Answer Motivating
Multiple Choice Single AnswerQuestion How many rules govern Indian and Foreign insurance
companies?Correct Answer 12
Your Answer 12
Select The BlankQuestion LPG stands for liberalization, ________ and globalization.
Correct Answer Privatization
Your Answer Privatization
Select The BlankQuestion ________ is said to be the first contributor to management.
Correct Answer Robert Owen
Your Answer Henry Fayol
True/FalseQuestion Management is that important process which continues till the
objectives set by the administrator are actually achieved.Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Management requireslearning
Art requires knowledge Art requires knowledge
Science is developed Over a period of time Over a period of time
Management as adiscipline
Has no centralized rule-making authority
Has no centralized rule-making authority
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Question Taj Mahal are living symbols of 'creation and result ofmanagement practices'.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The major books on social and political analysis by Peter
Drucker are :Correct Answer The future of industrial man , The age of discontinuity , Drucker
on AsiaYour Answer The future of industrial man , The age of discontinuity , Drucker
on Asia
Multiple Choice Multiple AnswerQuestion Research indicates that the limbic system learns best through
Correct Answer motivation , extended practice , feedback
Your Answer motivation , extended practice , feedback
Z249J3RvcCcgY Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion General Insurance corporation was nationalized in________.
Correct Answer 1972
Your Answer 1972
True/FalseQuestion The theory of Bureaucracy was first propounded by Henry
L.Gantt.Correct Answer False
Your Answer True
Multiple Choice Multiple AnswerQuestion The qualities that matter for International teamwork are,
Correct Answer Mutual respect , Sense of time , Team spirit
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Your Answer Automation spirit , Mutual respect , Sense of time , Team spirit
Select The Blank
Question ________ decisions relate to the day to day operations of theenterprise generally taken by middle and lower levelmanagement.
Correct Answer Operative
Your Answer Organisational
True/FalseQuestion Event management in India is an ancient activity.
Correct Answer False
Your Answer False
Select The BlankQuestion The board should set up________committee to determine
package for executive directors.Correct Answer remuneration
Your Answer remuneration
Multiple Choice Multiple AnswerQuestion The experts who dealt in Behavioral Sciences are :
Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo
Your Answer Max Weber , Vilfredo Pareto , Elton Mayo
Multiple Choice Single AnswerQuestion Name the group of related businesses that can be taken for the
sake of strategic planning, distinct from the rest of thebusinesses
Correct Answer strategic business units
Your Answer strategic business units
True/FalseQuestion Learning organizations should imitate a task force.
Correct Answer True
Your Answer True
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Multiple Choice Single AnswerQuestion A business unit must meet specific criteria, if it wants to be called
an SBU. These are
Correct Answer Definable group of competitors
Your Answer Definable group of competitors
True/FalseQuestion Fast food chains are not a corporatised service.
Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion What is vital to all management activities and helps to set
definite objectives, prepare plans of action and introduceinnovations ?
Correct Answer Decision making
Your Answer Decision making
Select The BlankQuestion Physical needs are at the base of the hierarchy theory of
motivation while self actualisation needs are at the ________.Correct Answer apex
Your Answer second level
Multiple Choice Multiple AnswerQuestion Emotional intelligence is said to be the ability to sense,
understand and effectively apply the power and acumen ofemotions as a source of
Correct Answer information , trust , human energy
Your Answer information , trust , human energy
Multiple Choice Single AnswerQuestion Under the climate of morale what is the result of broadening the
interest of the individual to include the whole group.Correct Answer Team-work
Your Answer Team-work
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Select The BlankQuestion The ________ appeared in the book, In search of Excellence.
Correct Answer 7 S model
Your Answer 7 S model
Select The BlankQuestion One of the merits of ________ is that it recognizes importance of
various individual needs and motivation, and yields acontingency model.
Correct Answer Vroom's theory
Your Answer Vroom's theory
Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear onperformance are activated through several structural andinstitutional factors as follows
Correct Answer legal, political and regulatory environment , financial structure ofcorporation , structure and functioning of co.
Your Answer structure and functioning of co. , legal, political and regulatoryenvironment , financial structure of corporation
True/FalseQuestion Taj Mahal are living symbols of 'creation and result of
management practices'.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Which among the following is an event management company?
Correct Answer Planet E
Your Answer Planet E
Multiple Choice Single AnswerQuestion What is the reason that Indian Business houses were not able to
take courageous decisions.Correct Answer stagger or stumbling self-confidence
Your Answer over-self-confidence
Select The Blank
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Question ________, weakness, threats, opportunities are the long formSWOT analysis.
Correct Answer strength
Your Answer strength
Select The BlankQuestion It is said that waking and dream world are both illusions,
according to vedanta world as ________.Correct Answer Maya Mithya
Your Answer Maya Mithya
Multiple Choice Multiple AnswerQuestion Certain important motivational techniques are
Correct Answer Monetary incentives , Job-based techniques , MBO techniques
Your Answer Security technique , Monetary incentives , Job-based techniques
True/FalseQuestion 'Span of control' is also referred to as span of management.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Which is the technique where the completion of all tasks is
checked in the order planned in the time scheduled is known asCorrect Answer Critical path method
Your Answer Critical path method
Multiple Choice Single AnswerQuestion What does an SBU do to unrelated products and businesses?
Correct Answer It separates them
Your Answer It dissolves them
Multiple Choice Single AnswerQuestion What did chanakya write ?
Correct Answer Arthashastra
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Your Answer Arthashastra
True/False
Question Successful consultants must be foreign culture savvy.
Correct Answer True
Your Answer True
Select The BlankQuestion In management process, the most misinterpreted word is
________.Correct Answer Organizing
Your Answer Organizing
Multiple Choice Multiple AnswerQuestion Some of the external factors that limit control are
Correct Answer govt. policies , market changes , economic changes
Your Answer govt. policies , market changes , economic changes
Select The BlankQuestion Management as a discipline is the function of________.
Correct Answer creativity
Your Answer creativity
Match The Following
Question Correct Answer Your Answer
Internet Further development ofretail sector in India
Further development ofretail sector in India
Important trends inretailing
Market concentration Market concentration
Exclusive retailing Apparel retailing stores Strength to any largeretailer
Retailing category basedon shop area/location
High street stores Apparel retailing stores
Match The Following
Question Correct Answer Your Answer
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Making sense of situations organizing information andthoughts
embedding new knowledgeinto mental models
Creativity brainstorming, associatingideas
organizing information andthoughts
Inquiry interviewing, seekinginformation
interviewing, seekinginformation
Making choices deciding courses ofactions
deciding courses of actions
Multiple Choice Multiple AnswerQuestion Some of the public insurance companies are
Correct Answer LIC , Oriental Insurance , General Insurance
Your Answer LIC , Oriental Insurance , General Insurance
Multiple Choice Multiple AnswerQuestion In the insurance sector the rules governing the foreign
companiesCorrect Answer are 26% of equity participation , affect only special resolutions ,
do not appoint majority directors on the company boardYour Answer are 26% of equity participation , affect only special resolutions ,
do not appoint majority directors on the company board
Multiple Choice Single AnswerQuestion What is the authority for the SBU which is delegated to each
person heading it, and can adapt quickly to any environmental
change?Correct Answer Decision-making
Your Answer Decision-making
True/FalseQuestion Competitive is a common word in all of Michael E.Porter's three
famous books.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Corporate governance aims at
Correct Answer better transparency , ethics , accountability
Your Answer better transparency , ethics , accountability
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True/FalseQuestion Insurance never faces the challenges of branding, packaging
and revenue model.Correct Answer False
Your Answer False
True/FalseQuestion The 7 S Framework first appeared in 'The Art of Japanese
management' by Richard Pascale and Anthony Athos in 1981.Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question To which practice is the term "corporate governance" given?
Correct Answer Management
Your Answer Management
Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning are
Correct Answer Time Consuming , Expensive device , Heavy cost of planning
Your Answer Time Consuming , Expensive device , Heavy cost of planning
Select The BlankQuestion Learning organizations are adaptive to
their________environmentCorrect Answer external
Your Answer external
Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?
Correct Answer Organized
Your Answer Organized
Multiple Choice Multiple AnswerQuestion Select the guidelines for effective decision making.
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Correct Answer Adopt a diagnostic approach to decision making , Involvesubordinates in decision making process , Evaluate the results
Your Answer Adopt a diagnostic approach to decision making , Involvesubordinates in decision making process , Evaluate the results
Multiple Choice Multiple AnswerQuestion Name the books on management written by Peter Drucker.
Correct Answer Frontiers of Management , The practice of management ,Management, tasks, responsibility
Your Answer Drucker on Asia , The practice of management
Brow ser Name:
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Some of the popular forecasts are
Correct Answer Specific industry forecast , Demand forecast , Sales forecast
Your Answer Demand forecast , Sales forecast , Specific industry forecast
Select The Blank
Question There are ________ forces of competition.
Correct Answer Five
Your Answer Five
Multiple Choice Single AnswerQuestion What is the fundamental tool employed by managers in
directing their subordinates ?Correct Answer Order
Your Answer Order
Match The Following
Question Correct Answer Your Answer
Definition ofManagement
Management ismanagement of men,money, machinery,
Management ismanagement of men,money, machinery,
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materials and information materials and information
Koontz and O'Donell Management is thecreation and
maintenance of internalenvironment in anenterprise
Management is thecreation and maintenance
of internal environment inan enterprise
Peter Drucker Management is a multi-purpose organ thatmanages a business,manages workers andwork
Management is a multi-purpose organ thatmanages a business,manages workers andwork
Appley L Management ismanagement of peopleand not the direction of
things
Management ismanagement of peopleand not the direction of
things
Multiple Choice Single AnswerQuestion Whose feelings and difficulties should the manager know for
direction to become effective ?Correct Answer Subordinates
Your Answer Subordinates
Select The BlankQuestion ________means that private and foreign investors can
participate in the Indian Insurance Sector.Correct Answer Liberalization
Your Answer Liberalization
Multiple Choice Multiple AnswerQuestion The old control techniques which were used through years
areCorrect Answer Unity of policies , break-even analysis , budgetary control
Your Answer Unity of policies , break-even analysis , budgetary control
Multiple Choice Single AnswerQuestion How many event management companies are there in
Pune?Correct Answer 215
Your Answer 215
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Multiple Choice Multiple AnswerQuestion Objectives can be classified as
Correct Answer On the basis of time , On the basis of functions , On the
basis of levelsYour Answer On the basis of time , On the basis of functions , On thebasis of levels
True/FalseQuestion Management is the combination of Arts, Science and
profession.Correct Answer True
Your Answer True
True/False
Questio