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Multiple Choice Multiple Answer Question The external environmental factors that influence management are Correct Answer Economic , Political , Technological Your Answer Economic , Political , Technological True/False Question Event management has to pay only entertainment tax not the service tax. Correct Answer False Your Answer False Multiple Choice Single Answer Question Name the service which has two prime necessities like co- ordination and infiltration. Correct Answer Staff Your Answer Staff Select The Blank Question ________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management. Correct Answer Operative Your Answer Organisational Multiple Choice Single Answer Question Successful consultants should promote their consultancy through what ?

SCDL Papers - Principle and Practices of Management

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Page 1: SCDL Papers - Principle and Practices of Management

Multiple Choice Multiple AnswerQuestion The external environmental factors that influence management areCorrect Answer Economic , Political , TechnologicalYour Answer Economic , Political , Technological

True/FalseQuestion Event management has to pay only entertainment tax not the service tax.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Name the service which has two prime necessities like co-ordination and infiltration.Correct Answer StaffYour Answer Staff

Select The BlankQuestion ________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management.Correct Answer OperativeYour Answer Organisational

Multiple Choice Single AnswerQuestion Successful consultants should promote their consultancy through what ?Correct Answer NetworkYour Answer Network

True/FalseQuestion Decision-Making is a process of making a choice of poor alternatives.Correct Answer

Page 2: SCDL Papers - Principle and Practices of Management

FalseYour Answer False

Select The BlankQuestion MBO was invented by ________.Correct Answer Peter DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion Profession requires definite period of what?Correct Answer LearningYour Answer Practice

Multiple Choice Multiple AnswerQuestion Barriers to delegation of authority would be :Correct Answer Lack of trust in subordinates , Fear of loosing status by managers , Over-confidence among managersYour Answer Lack of trust in subordinates , Prompt decision making , Over-confidence among managers

Multiple Choice Single AnswerQuestion Organization is apart of which type of system?Correct Answer SocialYour Answer Scientific

Multiple Choice Multiple AnswerQuestion David C Mc Celland identified three motives those areCorrect Answer Affiliation , Power , AchievementYour Answer Affiliation , Power , Achievement

Page 3: SCDL Papers - Principle and Practices of Management

Multiple Choice Multiple AnswerQuestion International consultancy is said to beCorrect Answer Glamorous , Challenging , TrendyYour Answer Glamorous , Challenging , Reliant

Select The BlankQuestion Failure to give ________ to goal setters is a weakness of MBO.Correct Answer guidelinesYour Answer guidelines

True/FalseQuestion Management is the combination of Arts,Science and Profession.Correct Answer TrueYour Answer True

Select The BlankQuestion Under the types of motivators, non-financial motivators are encouragement, freedom ________.Correct Answer recognitionYour Answer recognition

Multiple Choice Single AnswerQuestion Who said, the heart of administration is the directing function.Correct Answer DimockYour Answer Dimock

True/FalseQuestion Management is that important process which continues till the objectives set by the administrator are actually achieved.Correct Answer

Page 4: SCDL Papers - Principle and Practices of Management

TrueYour Answer False

True/FalseQuestion Communication is a composite (a) information given and received (b) a listening effort by some of them involved.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion A vision statement should have the following componentsCorrect Answer ability to inspire people , achievable , precise and objectiveYour Answer ability to inspire people , achievable , precise and objective

Multiple Choice Single AnswerQuestion One of the key features of services is that they areCorrect Answer intangibleYour Answer non-perishable

Select The BlankQuestion The process of control is complete only when the organisation take ________ action.Correct Answer correctiveYour Answer effective

Multiple Choice Multiple AnswerQuestion The factors coming under philosophy of scientific management are:Correct Answer Co-operation , Maximum output , HarmonyYour Answer Co-operation , Maximum output , Harmony

Page 5: SCDL Papers - Principle and Practices of Management

Multiple Choice Single AnswerQuestion Who is the most effective person are alike in one crucial way, they all have a high degree of emotional intelligence.Correct Answer EntrepreneurYour Answer Entrepreneur

Multiple Choice Multiple AnswerQuestion The activities of the communicator while communicating a message will include,Correct Answer ideation , encoding , transmissionYour Answer encoding , response , transmission

Multiple Choice Multiple AnswerQuestion Features of Management are as followsCorrect Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

Multiple Choice Single AnswerQuestion Professional managers help organizations in chalking out which type of strategies?Correct Answer CorporateYour Answer Corporate

Select The BlankQuestion ________provides a corporate responsibility and it is the application of a proven and systematic body of knowledge.Correct Answer ProfessionYour Answer Management

True/FalseQuestion

Page 6: SCDL Papers - Principle and Practices of Management

Management as a discipline needs certificate of practice.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion For most hi-tech service industries the major components areCorrect Answer Infrastructure , Knowledge , labourYour Answer Infrastructure , Knowledge , Information technology

Match The FollowingQuestionCorrect AnswerYour AnswerManagementCreativeDynamicProfessional ManagerDynamicProfessionArtSkillScienceCode of ConductProfessionCreativePredictive PowerScienceSkill

True/FalseQuestion Science is a body of organized knowledgeCorrect Answer TrueYour Answer True

Select The BlankQuestion A superior should always establish a ________ control so that his subordinates report to him periodically.

Page 7: SCDL Papers - Principle and Practices of Management

Correct Answer FeedbackYour Answer Appropriate

Multiple Choice Single AnswerQuestion It is said that communication is a meaningfulCorrect Answer interactionYour Answer interaction

Multiple Choice Single AnswerQuestion What does the insurance company compensate for if and when the event insured against an incident occurs?Correct Answer LossesYour Answer Losses

Multiple Choice Single AnswerQuestion Management exists at which levels of the organization?Correct Answer AllYour Answer All

True/FalseQuestion The Indian consumer does not see shopping as an end in itself.Correct Answer FalseYour Answer True

True/FalseQuestion Retailers cannot just take their global retailing formats and try to transpose them onto the India scenario.Correct Answer TrueYour Answer True

Page 8: SCDL Papers - Principle and Practices of Management

Multiple Choice Single AnswerQuestion One of the factors which learning organizations possess is a climate of openness and the other factor isCorrect Answer trustYour Answer trust

Multiple Choice Single AnswerQuestion It is one of the good control system which not only points out the deviations but also pinpoints them where they are important to its operations isCorrect Answer Focus on strategic pointsYour Answer Focus on strategic points

True/FalseQuestion Profession needs certificate of practiceCorrect Answer TrueYour Answer False

True/FalseQuestion 'Span of control' is also referred to as span of management.Correct Answer TrueYour Answer True

True/FalseQuestion Learning from mistakes is often more powerful than learning from success.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The philosophy of Vedanta is compared to which animal in the dream of the

Page 9: SCDL Papers - Principle and Practices of Management

person, who wakes the dreamer and makes you realise your self discovered reality.Correct Answer LionYour Answer Lion

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.Correct Answer Semantic barrierYour Answer Semantic barrier

True/FalseQuestion The theory of Bureaucracy was first propounded by Henry L.Gantt.Correct Answer FalseYour Answer True

Match The FollowingQuestionCorrect AnswerYour AnswerMaking sense of situationsorganizing information and thoughtsorganizing information and thoughtsCreativitybrainstorming, associating ideasembedding new knowledge into mental modelsInquiryinterviewing, seeking informationinterviewing, seeking informationMaking choicesdeciding courses of actionsdeciding courses of actions

Select The BlankQuestion Learning from mistakes is often more powerful than learning from________.Correct Answer Success

Page 10: SCDL Papers - Principle and Practices of Management

Your Answer Success

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal environment Factor influences Management?Correct Answer MachinesYour Answer Machines

Multiple Choice Multiple AnswerQuestion Name the physical aspects of an enterprise.Correct Answer Name , Location , AddressYour Answer Name , Manpower , Address

Multiple Choice Single AnswerQuestion What is it that in communication should not be done in vacuum, instead other people should be consulted.Correct Answer planningYour Answer planning

Multiple Choice Multiple AnswerQuestion Certain important motivational techniques areCorrect Answer Monetary incentives , Job-based techniques , MBO techniquesYour Answer

Page 11: SCDL Papers - Principle and Practices of Management

Security technique , Monetary incentives , MBO techniques

Multiple Choice Multiple AnswerQuestion The concept of SBU includesCorrect Answer unrelated products and businesses that are separated , the fact that each SBU has its own CEO , a scientific method of grouping the businessYour Answer unrelated products and businesses that are separated , the fact that each SBU has its own CEO , a scientific method of grouping the business

True/FalseQuestion Decision-making is a primary part of the managerial process.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?Correct Answer OrganizedYour Answer Assimilated

Multiple Choice Multiple AnswerQuestion Types of degree of delegations are:Correct Answer Low degree , Moderate degree , High degreeYour Answer Low degree , Moderate degree , High degree

True/FalseQuestion The unorganized sector is mainly concentrated in metropolitan cities.Correct Answer FalseYour Answer

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False

True/FalseQuestion Learning organizations should imitate a task force.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge andCorrect Answer uncertaintyYour Answer uncertainty

Select The BlankQuestion LPG stands for liberalization, ________ and globalization.Correct Answer PrivatizationYour Answer Privatization

Match The FollowingQuestionCorrect AnswerYour AnswerEmpathyIt is a component of leadership due to the rapid pace of globalisationIt is a component of leadership due to the rapid pace of globalisationSocial effectivenessThis component allows you to settle disputes amicablyThis component allows you to settle disputes amicablyAlfred BennetHe is the father of intelligence quotientHe is the father of intelligence quotientDaniel Goleman

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He is an American Behavioural ScientistHe is an American Behavioural Scientist

Multiple Choice Multiple AnswerQuestion Every company undertakes the process of forecasting by various competent authorities which can be listed asCorrect Answer CII , RBI , CMIEYour Answer CII , RBI , CMIE

Multiple Choice Single AnswerQuestion Management is not just aCorrect Answer ProcessYour Answer Process

Select The BlankQuestion The concept of value and the concept of maximization of value are related to________concept of Ethics.Correct Answer ConsequentialismYour Answer Consequentialism

Select The BlankQuestion Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

Multiple Choice Single AnswerQuestion Management is purposeful and what?Correct Answer Goal orientedYour Answer Goal oriented

Multiple Choice Single Answer

Page 14: SCDL Papers - Principle and Practices of Management

Question Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Select The BlankQuestion General Insurance corporation was nationalized in________.Correct Answer 1972Your Answer 1972

True/FalseQuestion Planning and control are closely interrelated and they do not determine the accuracy of decision-making.Correct Answer FalseYour Answer False

True/FalseQuestion There are three central ideas associated with consequentialism.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Name one of the factors that govern the span of management.Correct Answer Type of workYour Answer

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Type of work

Multiple Choice Multiple AnswerQuestion Retailing categories based on ownership arrangement would beCorrect Answer Super Markets , Consumer Durables Stores , Departmental StoresYour Answer Super Markets , Consumer Durables Stores , Departmental Stores

Multiple Choice Single AnswerQuestion Science is a body of which type of Knowledge?Correct Answer OrganizedYour Answer Assimilated

True/FalseQuestion Peter Drucker various publications have sold about 5 -6 million copies worldwide.Correct Answer TrueYour Answer True

Select The BlankQuestion Latest approach signifies organization has a part of ________ system.Correct Answer SocialYour Answer Social

Select The BlankQuestion Necessity of control in business organisation arises due to number of factors, one of which is ________ of organisations themselves.Correct Answer complexity

Page 16: SCDL Papers - Principle and Practices of Management

Your Answer complexity

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 agricultureYour Answer second largest employer after agricultureSelect The BlankQuestion ________organizations have systems, mechanisms and processes in place.Correct Answer LearningYour Answer Learning

True/FalseQuestion Indian business families are still avoiding joint ventures and tie-ups.Correct Answer FalseYour Answer False

Select The BlankQuestion Under the principles of effective delegation, it is said that never delegate and ________.Correct Answer DisappearYour Answer Disappear

True/FalseQuestion In principle the chairman and the CGO have the same role to play.Correct Answer FalseYour Answer True

True/FalseQuestion

Page 17: SCDL Papers - Principle and Practices of Management

Valency is the extent to which the outcome of the activity and its success matters to the individual . (Level of motivation = Valency x Expectancy)Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Advantages of delegation of authority would be:Correct Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognitionYour Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognition

Multiple Choice Single AnswerQuestion A business unit must meet specific criteria, if it wants to be called an SBU. These areCorrect Answer Definable group of competitorsYour Answer Definable group of competitors

Multiple Choice Single AnswerQuestion What does Maslow propound about the five needs ?Correct Answer HierarchyYour Answer Hierarchy

Multiple Choice Single AnswerQuestion Name the technique which is said to be a ploy or a future course of action.Correct Answer StrategyYour Answer Strategy

Select The Blank

Page 18: SCDL Papers - Principle and Practices of Management

Question ________ is the ability to sense, understand and effectively apply emotion.Correct Answer Emotional IntelligenceYour Answer Emotional Quotient

Multiple Choice Single AnswerQuestion Who built the first practical mechanical calculator and predicted the specialization of mental work?Correct Answer Charles BabbageYour Answer Charles Babbage

Match The FollowingQuestionCorrect AnswerYour AnswerManagement and Leadership studiesValue based managementSwami BudhanandaMaharshi Institute of ManagementEighteen centres in India and AbroadEighteen centres in India and AbroadAmritanandamayi Math's centreDr. S.K. ChakrabortyValue based managementIndian Vedanta PhilosophySwami BudhanandaDr. S.K. Chakraborty

Multiple Choice Multiple AnswerQuestion Some of the public insurance companies areCorrect Answer LIC , Oriental Insurance , General InsuranceYour Answer LIC , Oriental Insurance , General Insurance

True/FalseQuestion Focus on savings and high bargaining interests of the consumer is an obstacle in retail development in India.Correct Answer

Page 19: SCDL Papers - Principle and Practices of Management

TrueYour Answer True

Select The BlankQuestion Brands are associated with lifestyles and people's________.Correct Answer aspirationsYour Answer aspirations

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

True/FalseQuestion Management is always defined as dynamic, universal, ever-changing subject.Correct Answer TrueYour Answer True

True/FalseQuestion A budget as a plan of statement of expected results is expressed in numerical terms.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion Name the leading event management companies in IndiaCorrect Answer Midas , Pinnacle , WizcraftYour Answer Midas , Pinnacle , Wizcraft

Multiple Choice Single Answer

Page 20: SCDL Papers - Principle and Practices of Management

Question Who said, “Management is management of Men, Money, Machinery Materials and Information?”Correct Answer AnonymousYour Answer Anonymous

Multiple Choice Multiple AnswerQuestion A procedure has the following advantagesCorrect Answer ensures uniformity of action , increases co-ordination , provides good standard for the manageYour Answer ensures uniformity of action , increases co-ordination , provides good standard for the manage

Multiple Choice Single AnswerQuestion What is it that can be described as a readiness to co-operate warmly in the task and purposes of a given group organisation.Correct Answer MoraleYour Answer Co-ordination

Match The FollowingQuestionCorrect AnswerYour AnswerDisclosurestransparenttransparentShareholder democracymyth in Indiamyth in IndiaPlanningboard of directorsinvest time and effortsTrustcorporate governancefunction of board

Page 21: SCDL Papers - Principle and Practices of Management

Select The BlankQuestion The retailing sector in India has been quite________.Correct Answer staid and boringYour Answer staid and boring

Multiple Choice Single AnswerQuestion India has been experiencing the unique stranglehold of our_____Correct Answer traditional kirana storesYour Answer traditional kirana stores

Multiple Choice Single AnswerQuestion Emotional Quotient increases with age commonly known asCorrect Answer maturityYour Answer maturity

Select The BlankQuestion The service sector has expanded because of the virtual stagnation of the________sector.Correct Answer agriculturalYour Answer agricultural

Multiple Choice Single AnswerQuestion Span of management depends upon the ability of whom?Correct Answer EmployeesYour Answer Enterprise

Multiple Choice Single AnswerQuestion What would essentially shape the growth and future of any economy?Correct Answer

Page 22: SCDL Papers - Principle and Practices of Management

Adequate and quality corporate governanceYour Answer Adequate and quality corporate governance

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 DruckerYour Answer Peter Drucker

Select The BlankQuestion ________ means draw prior conclusions about the probables of production, sales, profits in the future, on the basis of research.Correct Answer ForecastingYour Answer Forecasting

Select The BlankQuestion Limitations of business planning is that it has been considered as time consuming and ________ device.Correct Answer expensiveYour Answer risk

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 Who said, “Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr

Page 23: SCDL Papers - Principle and Practices of Management

Correct Answer Koontz & O ‘DonellYour Answer Koontz & O ‘Donell

Select The BlankQuestion Management as a discipline does not require any________of practice.Correct Answer certificateYour Answer certificate

Select The BlankQuestion ________is at the core of corporate governance.Correct Answer trustYour Answer trust

True/FalseQuestion Financial institutions should maintain a close relationship to seek a seat on the board.Correct Answer FalseYour Answer False

True/FalseQuestion Wrong medium of communication is a physical barrier.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Page 24: SCDL Papers - Principle and Practices of Management

Multiple Choice Multiple AnswerQuestion Services are defined as the art and science of managingCorrect Answer the expectations of others , the experiences of people , the demands of the customerYour Answer the expectations of others , the experiences of people

Multiple Choice Multiple AnswerQuestion Name the three important Generic Competitive Strategies.Correct Answer Overall cost leadership , Differential , FocusYour Answer Differential , Focus , Strategy

True/FalseQuestion Delegation and decentralization are closely related to each other.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion It is said "Controlling can not take place in a vacuum", which means there can be no controlling without previousCorrect Answer planningYour Answer direction

True/FalseQuestion Morale is the sum total of various physical qualities.Correct Answer FalseYour Answer False

Select The BlankQuestion Direction is a ________ function performed by all the managers at all levels of

Page 25: SCDL Papers - Principle and Practices of Management

the organisation.Correct Answer managerialYour Answer managerial

Multiple Choice Multiple AnswerQuestion Principles of effective delegation are:Correct Answer Train the subordinates , Reward delegation , Appropriate reporting systemYour Answer Train the subordinates , Appropriate reporting system

Select The BlankQuestion ________, weakness, threats, opportunities are the long form SWOT analysis.Correct Answer strengthYour Answer Strength

Multiple Choice Multiple AnswerQuestion To be called an SBU, a business unit must meet specific criteria such asCorrect Answer having a definable group of competitors , having a mission similar to other SBUs , preparing its own integrated plansYour Answer having a definable group of competitors , having its own mission and goals , preparing its own integrated plans

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

Page 26: SCDL Papers - Principle and Practices of Management

management , Simplicity in restructuring

Match The FollowingQuestionCorrect AnswerYour AnswerAppley LManagement is management of people and not the direction of thingsManagement is management of people and not the direction of thingsDefinition of ManagementManagement is management of men, money, machinery, materials and informationManagement is management of men, money, machinery, materials and informationKoontz and O'DonellManagement is the creation and maintenance of internal environment in an enterpriseManagement is the creation and maintenance of internal environment in an enterprisePeter DruckerManagement is a multi-purpose organ that manages a business, manages workers and workManagement is a multi-purpose organ that manages a business, manages workers and work

Select The BlankQuestion ________ are at a minimum where the morale is high.Correct Answer GrievancesYour Answer Grievances

True/FalseQuestion the heart of administration is the directing function.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Empathy is particularly important today as a component of leadership for the following

Page 27: SCDL Papers - Principle and Practices of Management

Correct Answer rapid pace of globalisation , increasing use of teams , growing need to retain talentYour Answer rapid pace of globalisation , increasing use of teams , growing need to retain talent

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the group of "Aditya Birla"Correct Answer Hindalco , Indo-Gulf Fertilizers , Birla CorporationYour Answer Hindalco

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 Multiple AnswerQuestion Future of Insurance sector would beCorrect Answer new players taking over the market , improved customer service , strong hold of nationalized playersYour Answer new players taking over the market , improved customer service , strong hold of nationalized players

Multiple Choice Single AnswerQuestion To which practice is the term "corporate governance" given?Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion A senior family member and trusted professional manager acts as what to the business families scions trained abroad and then return to take over the business.

Page 28: SCDL Papers - Principle and Practices of Management

Correct Answer mentorYour Answer mentor

Select The BlankQuestion Govt. services comprise________, defence and social goods.Correct Answer public administrationYour Answer service sector

True/FalseQuestion Unity of command means that employees should receive orders from one superior only.Correct Answer TrueYour Answer True

True/FalseQuestion Posture' and Observance' are not included under the 'yogic' exercisesCorrect Answer FalseYour Answer False

Select The BlankQuestion Management is a creative and________process.Correct Answer continuousYour Answer continuous

True/FalseQuestion Every manager in an organisation gives direction to his subordinates as a superior and receives direction as subordinate from his superior.

Page 29: SCDL Papers - Principle and Practices of Management

Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The following are the elements of controlCorrect Answer authority and knowledge , guidance and direction , constraint and restraintYour Answer authority and knowledge , guidance and direction , constraint and restraint , comparison and correctiveness

Select The BlankQuestion A superior should always establish a ________ control so that his subordinates report to him periodically.Correct Answer FeedbackYour Answer Feedback

Multiple Choice Single AnswerQuestion Which type of strategies do professional managers help organizations in chalking out?Correct Answer corporateYour Answer multi-disciplinary

True/FalseQuestion Deontological ethics believe that mature persons have inadequate capacity to reason.Correct Answer FalseYour Answer True

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer False

Page 30: SCDL Papers - Principle and Practices of Management

Your Answer False

Multiple Choice Multiple AnswerQuestion Name the leading ad agencies in India that have a separate event section.Correct Answer Vigennet , Ogilvy , MathersYour Answer Vigennet , Ogilvy , Mathers

Multiple Choice Single AnswerQuestion What would be the percentage of equity participation under the rules governing foreign companies?Correct Answer 0.26Your Answer 0.26

Select The BlankQuestion Frederic W.Taylor's middle name is ________.Correct Answer WinslowYour Answer Winslow

Select The BlankQuestion ________ means draw prior conclusions about the probables of production, sales, profits in the future, on the basis of research.Correct Answer ForecastingYour Answer Forecasting

Multiple Choice Multiple AnswerQuestion Limitation of control areCorrect Answer external factors , fixing of responsibility , variation and its causesYour Answer external factors , internal factors , fixing of responsibility

Multiple Choice Multiple Answer

Page 31: SCDL Papers - Principle and Practices of Management

Question The various tools employed by the companies to improve and sustain employee moraleCorrect Answer building of responsibility , rotation of jobs , job enrichmentYour Answer retention of authority , building of responsibility , rotation of jobs , job enrichment

Multiple Choice Multiple AnswerQuestion International consultancy is said to beCorrect Answer Glamorous , Challenging , TrendyYour Answer Glamorous , Trendy , Reliant

Select The BlankQuestion MBO was invented by ________.Correct Answer Peter DruckerYour Answer Peter Drucker

Match The FollowingQuestionCorrect AnswerYour AnswerPotential external opportunitiesComplacency among rival firmsComplacency among rival firmsBPRBusiness process reengineeringBusiness process reengineeringTQMTotal quality managementTotal quality managementPotential internal strengthsA distinctive competenceA distinctive competence

Multiple Choice Single AnswerQuestion Who said, “Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can

Page 32: SCDL Papers - Principle and Practices of Management

perform efficiently and effectively towards the attainment of grCorrect Answer Koontz & O ‘DonellYour Answer Koontz & O ‘Donell

Multiple Choice Multiple AnswerQuestion Some of the management functions mentioned by Henry Fayol are :Correct Answer Planning , Control , Co-ordinationYour Answer Planning , Control , Co-ordination

True/FalseQuestion The unorganized sector is mainly concentrated in metropolitan cities.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Some managements who are very much intimated by consulting firms, what are they likely to looseCorrect Answer ConfidenceYour Answer Confidence

Select The BlankQuestion ________ provide all types of help required to make the business more efficient and profitable.Correct Answer ConsultantsYour Answer Consultants

True/FalseQuestion Demand forecast is one of the popular forecasts.Correct Answer TrueYour Answer

Page 33: SCDL Papers - Principle and Practices of Management

True

True/FalseQuestion Communication is a composite (a) information given and received (b) a listening effort by some of them involved.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Some tips for improving written communication would beCorrect Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar wordsYour Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words

True/FalseQuestion The theory of Bureaucracy was first propounded by Henry L.Gantt.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority?Correct Answer lower-middleYour Answer lower-middle

Multiple Choice Multiple AnswerQuestion The different kinds of relationships for selecting the span of control would be :Correct Answer One to one , Cross relationship , Direct groupYour Answer One to one , Cross relationship , Direct group

Page 34: SCDL Papers - Principle and Practices of Management

Multiple Choice Single AnswerQuestion Management is said to be the combination of three factors, arts, science and the third isCorrect Answer professionYour Answer profession

Multiple Choice Multiple AnswerQuestion Functional authority works only when,Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is establishedYour Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established

Multiple Choice Single AnswerQuestion The fundamental objective of corporate governance is essentiallyCorrect Answer enhancement of long term shareholder valueYour Answer protecting the interest of other shareholders

True/FalseQuestion Policy is supposed to be immutable, unchanging and eternal.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion A procedure has the following advantagesCorrect Answer ensures uniformity of action , increases co-ordination , provides good standard for the manageYour Answer ensures uniformity of action , increases co-ordination , provides good standard for the manage

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True/FalseQuestion Management is always defined as dynamic, universal, ever-changing subject.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Under principle of effective communication what should be fully understood by all concerned.Correct Answer tasks , policies , responsibilitiesYour Answer tasks , policies , responsibilities

Multiple Choice Single AnswerQuestion One of the popular forecast isCorrect Answer DemandYour Answer Demand

Match The FollowingQuestionCorrect AnswerYour AnswerKautilyaConception of administration and managementPolitical, Social and Economic Management of stateSwami VivekanandaPolitical, Social and Economic Management of stateDivine power to face challengesSamartha RamdasSetting goals and accomplishing it.Conception of administration and managementKing AkbarCreator of social progress and prosperitySetting goals and accomplishing it.

Select The BlankQuestion Costliness of the ________ is the overriding factor determining the extent of decentralization.

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Correct Answer DecisionYour Answer Staffing

Multiple Choice Single AnswerQuestion What is essential for the management to get things done in the organization?Correct Answer DelegationYour Answer Delegation

True/FalseQuestion Indian companies because of confused status have lacked self-confidence.Correct Answer TrueYour Answer True

Select The BlankQuestion Charles Babbage built the first prototype of modern ________.Correct Answer ComputersYour Answer Computers

Select The BlankQuestion Consultants must conduct diagnosis to redefine ________.Correct Answer ProblemYour Answer Problem

True/FalseQuestion Lower level managers need EQ most.Correct Answer FalseYour Answer True

Multiple Choice Single Answer

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Question Companies seeking to improve have taken a plethora of initiatives such asCorrect Answer TQMYour Answer TQM

Multiple Choice Multiple AnswerQuestion Some of the limitations of business planning areCorrect Answer Time Consuming , Expensive device , Heavy cost of planningYour Answer Time Consuming , Expensive device , Heavy cost of planning

Select The BlankQuestion Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

Select The BlankQuestion Positive motivation makes people willing to do their work in the best way they can and improve their ________.Correct Answer performanceYour Answer productivity

Multiple Choice Single AnswerQuestion To which practice is the term "corporate governance" given?Correct Answer ManagementYour Answer Management

Select The BlankQuestion Under the types of motivators, non-financial motivators are encouragement, freedom ________.Correct Answer recognition

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Your Answer recognition

True/FalseQuestion Good motivation lead to low morale. High morale is the manifestation of a weak or defective motivating process.Correct Answer FalseYour Answer False

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer FalseYour Answer False

Select The BlankQuestion The ________ principle, which is the inherent process in organization through which authority, the antecedent co-coordinative principle, permeates the entire organized structure.Correct Answer ScalarYour Answer Scalar

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge and :-Correct Answer UncertaintyYour Answer Uncertainty

Multiple Choice Single AnswerQuestion How many event management companies are there in Pune?Correct Answer 215Your Answer

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215

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Multiple AnswerQuestion Human thoughts are classified as :-Correct Answer Inactive , Active , TransactiveYour Answer Inactive , Active , Transactive

Multiple Choice Single AnswerQuestion Which of the options mentioned below would be categorized as a Franchisee store?Correct Answer Footwear storesYour Answer Footwear stores

Multiple Choice Multiple AnswerQuestion The process of forecasting is based on :-Correct Answer Future trends , Current analysis , Past performanceYour Answer Future trends , Current analysis , Production trends forecasts

Multiple Choice Multiple AnswerQuestion The characteristics of knowledge worker would be :-Correct Answer Egoistic , Right consciousYour Answer Humble , Duty conscious , Right conscious

Multiple Choice Multiple AnswerQuestion Any morale improvement programme of management must embrace the

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following rules :-Correct Answer Encourage initiative , Respect individual , Be fair and justYour Answer Respect individual , Be fair and just , Encourage initiative

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Multiple Choice Single AnswerQuestion Name the specialization where the economists consider necessary for efficiency in the use of labour :-Correct Answer Division of workYour Answer Division of work

True/FalseQuestion Decreased productivity is a cost of low IQ.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

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Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Multiple Choice Single AnswerQuestion Name the department which plays a major role in developing a learning organization :-Correct Answer MISYour Answer HRM

Select The BlankQuestion Objectives' is a wider term and ________ is part and parcel of it.Correct Answer MissionYour Answer Vision

True/FalseQuestion The non-executive directors on the board of the company should be 50%.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the Business family "Munjals" :-Correct Answer Hero Honda , Hero CyclesYour Answer Hero Honda , Hero Cycles

Match The FollowingQuestionCorrect AnswerYour Answer

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Knowledge based decision-making.Instead of intuitionInstead of intuitionProfessional managers may have only salary-stakeQuestion of accountability of PerformanceQuestion of accountability of PerformanceManagement can be applied everywhereManagement is universalManagement is universalManagement is dynamicChanges as per timeChanges as per timeManager does not require any specific qualificationAnybody can become a managerAnybody can become a manager

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 DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion Who is the 'founder of Human Relation'?Correct Answer Elton MayoYour Answer Elton Mayo

Multiple Choice Single AnswerQuestion What should be included in the new governance charter?Correct Answer Qualified and independent audit committeeYour Answer Rewards for corporate governance

Select The BlankQuestion Managers should be effective ________ so that they may influence the activities of subordinates without dissatisfying them.Correct Answer

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LeadersYour Answer Leaders

True/FalseQuestion Posture' and Observance' are not included under the 'yogic' exercisesCorrect Answer FalseYour Answer False

Select The BlankQuestion Management is a creative and ________ process.Correct Answer ContinuousYour Answer Continuous

Select The BlankQuestion Charles Babbage built the first prototype of modern ________.Correct Answer ComputersYour Answer Computers

Multiple Choice Multiple AnswerQuestion The term 'span of control' is also referred to as:-Correct Answer Span of management , Span of supervision , Span of authorityYour Answer Span of management , Span of supervision , Span of authority

Select The BlankQuestion ________ is practiced like all other managerial functions at all levels of management.Correct Answer All level exerciseYour Answer All level decision making

Multiple Choice Multiple Answer

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Question Every person has different ways and means of performing art, similarly, every individual has different styles of management and these are categorized as :-Correct Answer Democratic , Autocratic , BeaurocraticYour Answer Democratic , Autocratic , Beaurocratic

Multiple Choice Single AnswerQuestion Who is the father of Intelligence Quotient ?Correct Answer Alfred BennetYour Answer Alfred Bennet

Match The FollowingQuestionCorrect AnswerYour AnswerManagement requires learningArt requires knowledgeArt requires knowledgeScience is developedOver a period of timeManagement is what management doesManagement as a disciplineHas no centralized rule-making authorityThat manages a businessManagement is a multipurpose organThat manages a businessHas no centralized rule-making authorityManagement is understood by performanceManagement is what management doesOver a period of time

True/FalseQuestion Parting with authority means parting with friendship.Correct Answer FalseYour Answer False

True/False

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Question Indian companies because of confused status have lacked self-confidence.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Research indicates that the limbic system learns best through :-Correct Answer Motivation , Extended practice , FeedbackYour Answer Motivation , Feedback , Response

Multiple Choice Single AnswerQuestion According to Abraham Maslow, human needs can be classified into how many types?Correct Answer FiveYour Answer Five

Multiple Choice Single AnswerQuestion Which of the options best describes the employment capacity of the retailing sector? It is the :-Correct Answer Second largest employer after agricultureYour Answer Largest employer of people in the country

Multiple Choice Single AnswerQuestion In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority?Correct Answer Lower-middleYour Answer Lower-middle

Select The BlankQuestion ________ organizations have systems, mechanisms and processes in place.Correct Answer

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LearningYour Answer Modern

Multiple Choice Single AnswerQuestion Who said, “Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect Answer Koontz & O ‘DonellYour Answer Koontz & O ‘Donell

Select The BlankQuestion The Indian consumer was shying away from larger formal stores and supermarket chains because of low/lack of ________.Correct Answer Per capita incomeYour Answer Per capita income

True/FalseQuestion Fear among managers is not a barrier to delegation of authority.Correct Answer FalseYour Answer False

True/FalseQuestion Focus on savings and high bargaining interests of the consumer is an obstacle in retail development in India.Correct Answer TrueYour Answer True

Select The BlankQuestion Henry Fayol finds ________ and responsibility to be related, with the latter arising from the former.Correct Answer Authority

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Your Answer Authority

Multiple Choice Multiple AnswerQuestion The key management processes in the learning organizations would be :-Correct Answer Competitor analysis , Performance measurement , Capability planningYour Answer Competitor analysis , Performance measurement , Capability planning

Multiple Choice Single AnswerQuestion Who said, “Management is management of Men, Money, Machinery Materials and Information?”Correct Answer AnonymousYour Answer Anonymous

True/FalseQuestion Emotional distress shrinks working memory.Correct Answer TrueYour Answer True

Select The BlankQuestion A new sector has emerged in modern times, known as ________ management.Correct Answer EventYour Answer Event

Multiple Choice Multiple AnswerQuestion A direct consequence of retailing has taken place due to the emergence of :-Correct Answer Apparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing storesYour Answer Apparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing stores

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Multiple Choice Single AnswerQuestion Where is the attack on business families coming from?Correct Answer TransnationalYour Answer Transnational

Multiple Choice Multiple AnswerQuestion What type of skills does management require?Correct Answer Conceptual , Human relations , TechnicalYour Answer Conceptual , Human relations , Technical

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Multiple Choice Multiple AnswerQuestion Name the books on management written by Peter Drucker :-Correct Answer Frontiers of Management , The practice of management , Management, tasks, responsibilityYour Answer Drucker on Asia , Frontiers of Management , Management, tasks, responsibility

True/FalseQuestion Actuary is one who specializes in the mathematics of insurance.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer

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ProfessionYour Answer Profession

True/FalseQuestion "Measuring Intellectual Capital" is one of the examples of performance measurement.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Select The BlankQuestion Individuals are encouraged to develop ________, to speak out, to challenge actions.Correct Answer IdeasYour Answer Goals

Multiple Choice Single AnswerQuestion What is the set-up of an organization?Correct Answer RelationshipsYour Answer Relationships

Select The BlankQuestion Morale is the term usually applied to armed forces during war time and athletics teams. It refers to team spirit and ________ of people for a common purpose.Correct Answer TogethernessYour Answer

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Togetherness

True/FalseQuestion The essence of control is that it is aimed at results and not necessarily at people as such.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Services are defined as the art and science of managing :-Correct Answer The expectations of others , The experiences of people , The demands of the customerYour Answer The expectations of others , The demands of the customer , People and their resources

Multiple Choice Multiple AnswerQuestion Virtuous acts include:-Correct Answer Honesty , Integrity , ToleranceYour Answer Honesty , Tolerance , Leadership

True/FalseQuestion International artists' performance in India is diminishing in recent times.Correct Answer FalseYour Answer False

True/FalseQuestion The service sector has not corporatised itself.Correct Answer FalseYour Answer False

Multiple Choice Single Answer

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Question Which segment of event management has the potential to gross the largest in India?Correct Answer Live entertainmentYour Answer Talent bank

Multiple Choice Multiple AnswerQuestion Few of the management principles given by Henry Fayol are:-Correct Answer Authority and responsibility , Division of work , DisciplineYour Answer Division of work , Discipline , Authority and responsibility

Match The FollowingQuestionCorrect AnswerYour AnswerManagement requires learningArt requires knowledgeHas no centralized rule-making authorityScience is developedOver a period of timeArt requires knowledgeManagement as a disciplineHas no centralized rule-making authorityThat manages a businessManagement is a multipurpose organThat manages a businessManagement is what management doesManagement is understood by performanceManagement is what management doesOver a period of time

Multiple Choice Single AnswerQuestion To become a successful consultant, name the skill required :-Correct Answer NegotiationYour Answer Experience

Multiple Choice Multiple AnswerQuestion

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Advantages of SBU's are :-Correct Answer Quick response to environmental changes , Increased focus on products and market , Facilitating development of General ManagersYour Answer Quick response to environmental changes , Increased focus on products and market , Facilitating development of General Managers

Match The FollowingQuestionCorrect AnswerYour AnswerZurichHero groupHero groupING GroupVyasa BankVyasa BankSTANDARD LIFEHDFCHDFCAMPSanmarSanmar

True/FalseQuestion According to Swami Vivekananda people have intuition or sacred power to face difficult task.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face major fears like :-Correct Answer Right successor , Stumbling self-confidence , Lack of professional managementYour Answer Right successor , Stumbling self-confidence , Lack of professional management

Multiple Choice Multiple AnswerQuestion

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In the various versus of Gita, there are many practical messages for which level of people in management?Correct Answer Leaders , Team leadersYour Answer Leaders

Multiple Choice Multiple AnswerQuestion The potential external threats faced by an organization are :-Correct Answer Entry of low cost foreign players , Adverse demographic changes , Slower market growthYour Answer Entry of low cost foreign players , Adverse demographic changes , Faster market growth

Multiple Choice Single AnswerQuestion How many rules govern Indian and Foreign insurance companies?Correct Answer 12Your Answer 12

Select The BlankQuestion Management as a discipline is the function of ________.Correct Answer CreativityYour Answer Creativity

Multiple Choice Single AnswerQuestion What require a high level of optimism and persistence despite rejection?Correct Answer Self-MotivationYour Answer Self-Motivation

Select The BlankQuestion Henry Fayol was trained as a ________ engineer.Correct Answer Mining

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Your Answer Mining

Select The BlankQuestion ________ is the result of human limitation to the span of management.Correct Answer DelegationYour Answer Organization

Select The BlankQuestion In management process, the most misinterpreted word is ________.Correct Answer OrganizingYour Answer Planning

Select The BlankQuestion To enhance emotional intelligence, ________ must refocus their training to include the limbic system.Correct Answer OrganisationsYour Answer Organisations

True/FalseQuestion Taj Mahal are living symbols of 'creation and result of management practices'.Correct Answer TrueYour Answer False

True/FalseQuestion The strategic factor in social integration is the development and selection of leaders.Correct Answer TrueYour Answer True

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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 DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Single AnswerQuestion Who said, “Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect Answer Koontz & O ‘DonellYour Answer Koontz & O ‘Donell

Select The BlankQuestion ________ establishes, cause and effect relationship.Correct Answer ScienceYour Answer Science

Select The BlankQuestion Business ________ is the calculation of probable events to provide against future.Correct Answer ForecastingYour Answer Controlling

True/FalseQuestion

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The technique of control is associated with planning, as a part of scientific management.Correct Answer TrueYour 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 Name the various characteristics of science :-Correct Answer Organized knowledge , Cause and effect relationship , Predictive powerYour Answer Organized knowledge , Cause and effect relationship , Predictive power

Multiple Choice Multiple AnswerQuestion The products that are grouped under SBU share a commonCorrect Answer underlying technology , market , skillYour Answer market , skill

Multiple Choice Single AnswerQuestion What requires a high level of optimism and persistence despite rejection?Correct Answer Self MotivationYour Answer Self Motivation

True/FalseQuestion Strong corporate governance is indispensable to resilient and vibrant capital markets.Correct Answer TrueYour Answer

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True

Multiple Choice Single AnswerQuestion The service may or may not be tied to which type of good?Correct Answer PhysicalYour Answer Intangible

Select The BlankQuestion Organization is like an ________ influenced by ________-building process.Correct Answer individualYour Answer imageCorrect Answer imageYour Answer Systemic

Select The BlankQuestion 50.The last few years have shown a ________ of film ________ shows.Correct Answer opportunitiesYour Answer RecurrenceCorrect Answer celebrityYour Answer celebrity

Multiple Choice Single AnswerQuestion Where is the attack on business families coming from?Correct Answer TransnationalsYour Answer Transnationals

True/FalseQuestion Product differentiation is not a barrier to entry.Correct Answer

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FalseYour Answer True

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Select The BlankQuestion There has been an increased ________ on ________.Correct Answer relianceYour Answer EmphasisCorrect Answer consultantsYour Answer reliance

Multiple Choice Multiple AnswerQuestion The different A’s of the service sector areCorrect Answer acceptability , awareness , availabilityYour Answer acceptability , awareness , availability

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer FalseYour Answer False

Select The BlankQuestion In the Needs- satisfaction chain, every ________ is a ________Correct Answer stepYour Answer

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stepCorrect Answer MotivatorYour Answer Motivator

Multiple Choice Single AnswerQuestion Organization is a set-up of what?Correct Answer RelationshipsYour Answer Relationships

Match The FollowingQuestionCorrect AnswerYour AnswerProblem PerceptionBounded RationalityWeaknessesBenefitsWeaknessesBounded RationalityTakeoverTurnaroundTurnaroundBudgetsStrategiesRulesPoliciesRulesStrategies

Multiple Choice Multiple AnswerQuestion Business families have adapted themselves to the new realities such asCorrect Answer customer relationship management , reliable after sales service , new product launchYour Answer customer relationship management , reliable after sales service , new product launch

Multiple Choice Single AnswerQuestion

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Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Multiple AnswerQuestion The Indian customers has been shying away from large stores and supermarket chains due toCorrect Answer poverty and low literacy rates , expensive supply chains , low per capita income , low taxesYour Answer poverty and low literacy rates , low per capita income

True/FalseQuestion India never had its own management practice.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion The need for co-ordination is created when managers do what to specialized activities?Correct Answer DivideYour Answer Distribute

Select The BlankQuestion Self-motivation requires a ________ level of ________.Correct Answer HighYour Answer HighCorrect Answer optimismYour Answer optimism

Multiple Choice Multiple Answer

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Question The bureaucratic type of leadership is normally criticized forCorrect Answer nepotism , delaysYour Answer nepotism , autocratic

Multiple Choice Multiple AnswerQuestion The various problems faced by event management industries areCorrect Answer entertainment tax rates , large no. of permissions required , service taxesYour Answer entertainment tax rates , large no. of permissions required , service taxes

True/FalseQuestion Indian business families have focused more on their areas of core competence.Correct Answer FalseYour Answer False

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 DruckerYour Answer Harold Konntz

Select The BlankQuestion Henry P. Towne outlined the Importance of ________ as a ________Correct Answer managementYour Answer managementCorrect Answer scienceYour Answer science

Multiple Choice Multiple Answer

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Question Components of planning would includeCorrect Answer objectives , budgets , proceduresYour Answer objectives , procedures , people

Multiple Choice Single AnswerQuestion Management is not just aCorrect Answer ProcessYour Answer Process

Multiple Choice Single AnswerQuestion According to Sehznick, “ the major task of a leader is not only to make a policy, but to build it into organization’s what?”Correct Answer Corporate CultureYour Answer Corporate Culture

True/FalseQuestion Direction is also done by top and middle level managers.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion What does the insurance company compensate, when an event insured against occurs?Correct Answer LossesYour Answer Losses

Multiple Choice Single AnswerQuestion Who is the Father of Competitive Strategy?Correct Answer Michael E. Porter

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Your Answer Peter F. Drucker

True/FalseQuestion Greater co-ordination is not needed in sequential rather than pooled interdependence.Correct Answer FalseYour Answer False

Select The BlankQuestion ________ is telling ________ what to do.Correct Answer DirectionYour Answer DirectionCorrect Answer peopleYour Answer Subordinates

Match The FollowingQuestionCorrect AnswerYour AnswerThe process of control is completeonly when corrective action is taken.via information collected.Control highlights omissions if any.And makes it possible to take Corrective measures.And makes it possible to take Corrective measures.Control is related to the future.though it lives in the present.of the nature of corrective action to be taken.Changes can be anticipatedvia information collected.though it lives in the present.Control gives the correct pictureof the nature of corrective action to be taken.only when corrective action is taken.

True/FalseQuestion

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Organisational morale is basically the individual mental condition.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Features of Management are as followsCorrect Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

Select The BlankQuestion ________ is a systematic and knowledge of ________ and living.Correct Answer VedantaYour Answer VedantaCorrect Answer LifeYour Answer Life

Multiple Choice Single AnswerQuestion Who propounded theory X and theory Y?Correct Answer McGregorYour Answer Henry Fayol

Multiple Choice Multiple AnswerQuestion Service sector has expanded relentlessly in the past decade due to related events in the 1990’sCorrect Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agricultureYour Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agriculture

Multiple Choice Single Answer

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Question One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Location

Select The BlankQuestion Actuary ________ and deciding of a specific ________ is the biggest problem.Correct Answer scienceYour Answer premiumCorrect Answer premiumYour Answer Compensation

True/FalseQuestion If you want it done right, do it yourself, is a fallacyCorrect Answer TrueYour Answer False

Select The BlankQuestion Self-________ matters a lot to ________Correct Answer regulationYour Answer regulationCorrect Answer LeadersYour Answer Leaders

Multiple Choice Multiple AnswerQuestion Some of the major strategies adopted by business families for their survival and growth areCorrect Answer appointment of professional mangers , joint ventures and tie-ups , technology up gradation

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Your Answer appointment of professional mangers , technology up gradation

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Skills

Multiple Choice Single AnswerQuestion For most hi-tech service industries, the two ingredients are:Correct Answer Only a and cYour Answer Only a and c

Multiple Choice Single AnswerQuestion Which of the following is a necessary by product of good managerial directing ?Correct Answer Co-ordinationYour Answer Monitoring

Multiple Choice Multiple AnswerQuestion Functional authority works only when,Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is establishedYour Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established

Multiple Choice Multiple AnswerQuestion Unethical acts are results of the following factors:Correct Answer unawareness and insensitivity to issues , selfishness , faulty reasoningYour Answer unawareness and insensitivity to issues , selfishness , faulty reasoning

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Multiple Choice Multiple AnswerQuestion Limitation of control areCorrect Answer external factors , fixing of responsibility , variation and its causesYour Answer external factors , fixing of responsibility , variation and its causes

Multiple Choice Single AnswerQuestion Name the service which has two prime necessities like co-ordination and infiltration.Correct Answer StaffYour Answer Staff

Multiple Choice Single AnswerQuestion How many forces of competition are there according to Michael E. Porter?Correct Answer FiveYour Answer Five

Multiple Choice Multiple AnswerQuestion The internal environment factors that influence management areCorrect Answer labour , machines , placeYour Answer labour , machines , place

Select The BlankQuestion ________ means draw prior conclusions about the probables of production, sales, profits in the future, on the basis of research.Correct Answer ForecastingYour Answer Forecasting

Multiple Choice Single AnswerQuestion How many billion dollars is our Retailing sector estimated to be?Correct Answer

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$ 180 billionYour Answer $ 180 billion

True/FalseQuestion Motivation of subordinates to meet the expectations of the manager is a feature of direction.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Name the tactics used in the intensity of rivalry amongst existing competitors.Correct Answer Price competition , Advertising battles , Product introductionYour Answer Substitute products , Price competition , Advertising battles

Multiple Choice Single AnswerQuestion Which concept of ethics tries to explore the traits which help a person to lead a life that is satisfying from an ethical point of view?Correct Answer Ethics of VirtueYour Answer Ethics of Virtue

Multiple Choice Single AnswerQuestion What is the challenge insurance will face like any other service sector?Correct Answer BrandingYour Answer Branding

True/FalseQuestion Vision without mission is incomplete and mission without vision is meaningless.Correct Answer TrueYour Answer

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True

Select The BlankQuestion Different rates are levied by different states for ________ tax.Correct Answer entertainmentYour Answer entertainment

True/FalseQuestion Science is a body of organized knowledgeCorrect Answer TrueYour Answer True

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 unitsYour Answer strategic business units

Select The BlankQuestion Brands are associated with lifestyles and people's________.Correct Answer aspirationsYour Answer aspirations

Multiple Choice Single AnswerQuestion Organization is apart of which type of system?Correct Answer SocialYour Answer Social

Select The BlankQuestion Advantage of delegation of authority results in prompt ________.

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Correct Answer Decision-makingYour Answer Decision-making

Match The FollowingQuestionCorrect AnswerYour AnswerPrinciple of effective delegationTo believe in feedback, interaction and result orientation.To believe in feedback, interaction and result orientation.High degree of delegationThe task is specified to a subordinate and is told to report back with resultsThe task is specified to a subordinate and is told to report back with resultsFunctional authorityThis is clarifying the assignment, which is delegated to a department.This is clarifying the assignment, which is delegated to a department.Need for delegationSuperior needs to concentrate on important and vital issues.Superior needs to concentrate on important and vital issues.

Multiple Choice Multiple AnswerQuestion Advantages of delegation of authority would be:Correct Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognitionYour Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognition

Select The BlankQuestion Span of control is also referred to as the span of ________.Correct Answer SupervisionYour Answer Supervision

Select The BlankQuestion One of the merits of ________ is that it recognizes importance of various individual needs and motivation, and yields a contingency model.Correct Answer Vroom's theory

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Your Answer Herzberg's theory

Multiple Choice Single AnswerQuestion A senior family member and trusted professional manager acts as what to the business families scions trained abroad and then return to take over the business.Correct Answer mentorYour Answer mentor

Select The BlankQuestion ________means that private and foreign investors can participate in the Indian Insurance Sector.Correct Answer LiberalizationYour Answer Liberalization

Select The BlankQuestion Chesterd Bernard developed a theory of organization and ________ functions.Correct Answer ExecutiveYour Answer Executive

Match The FollowingQuestionCorrect AnswerYour AnswerUnit of commandThis means that employees should receive orders from one superior onlyThis means that employees should receive orders from one superior onlyScalar chainChain of superiors from the highest to the lowest ranksChain of superiors from the highest to the lowest ranksEquityLoyalty, devotion on the part of managers should be there when dealing with subordinatesThis means each group of activities with the same objective must have one head and one planEsprit De Corps

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In union there is strength'In union there is strength'

Multiple Choice Single AnswerQuestion The main role of management consultant to the organisation is to provideCorrect Answer RecommendationsYour Answer Information

Multiple Choice Multiple AnswerQuestion The potential external opportunities faced by an organization areCorrect Answer additional customer groups , faster market groups , falling trade barriersYour Answer additional customer groups , falling trade barriers

Multiple Choice Multiple AnswerQuestion The service sector has grown because of reasons mentioned belowCorrect Answer tendency of distributing specialized knowledge and technology capital for labour in the manufacturing industry , technology no longer gives a competitive edge to manufacturing activities in the global scenario , as income increases, consumer demands for services increase faster than those for goodsYour Answer as income increases, consumer demands for services increase faster than those for goods , a change in customer demand pattern from traditional to modern, global stds

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

True/FalseQuestion Management is the combination of Arts, Science and profession.

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Correct Answer TrueYour Answer True

Select The BlankQuestion Actuary is one who specializes in the________of insurance.Correct Answer mathematicsYour Answer mathematics

True/FalseQuestion One of the oldest technique of checking performance is the personal observation.Correct Answer TrueYour Answer True

True/FalseQuestion Delegation and decentralization are closely related to each other.Correct Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion What articulates the long-term goals of an enterprise ?Correct Answer Vission StatementYour Answer Vission Statement

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Multiple Choice Multiple AnswerQuestion Some of the popular forecasts areCorrect Answer Demand forecast , Sales forecast , Specific industry forecastYour Answer Demand forecast , Sales forecast , Specific industry forecast

True/FalseQuestion You should never measure the process and develop tools that will measure your progress.Correct Answer FalseYour Answer False

Select The BlankQuestion Many families were running the business with a law ________ stake of 15% to 20%.Correct Answer CapitalYour Answer Capital

True/FalseQuestion Management exists only at the top levels of the organization.Correct Answer FalseYour Answer False

True/FalseQuestion Direction initiates at the bottom level in the organisation and follows to top through the hierarchy.Correct Answer FalseYour Answer False

Select The BlankQuestion

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High morale is likely to be associated with superior motivation and low morale with ________, and a lack of drive.Correct Answer frustrationYour Answer stress

Multiple Choice Multiple AnswerQuestion Research indicates that the limbic system learns best throughCorrect Answer motivation , extended practice , feedbackYour Answer motivation , extended practice , feedback

Multiple Choice Multiple AnswerQuestion Advantages of learning organizations should beCorrect Answer Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trustYour Answer Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust

True/FalseQuestion Morale is the sum total of various physical qualities.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion What type of industry is consultingCorrect Answer KnowledgeYour Answer Specialist

Multiple Choice Single AnswerQuestion Which Indian pharma company has recently started an SBU?Correct Answer Ranbaxy

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Your Answer Ranbaxy

Select The BlankQuestion ________is a tool for corporate governance.Correct Answer communicationYour Answer communication

Multiple Choice Single AnswerQuestion What does control maintain between output and effort?Correct Answer EquilibriumYour Answer Balance

True/FalseQuestion Horizontal co-ordination takes place sideways.Correct Answer TrueYour Answer True

Match The FollowingQuestionCorrect AnswerYour AnswerWho is the father of the three-needs theory?McClelland

Who discovered the Expectancy theory?Vroom

What is a basic need?FoodVroomWhat is an esteem need?Self-esteem

Who propounded Theory X?McGregor

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Multiple Choice Multiple AnswerQuestion The non-financial type of motivators would beCorrect Answer encouragement , freedom , recognitionYour Answer encouragement , freedom , recognition

Select The BlankQuestion New companies feel that________is the most appropriate type of alliance.Correct Answer Joint-ventureYour Answer Joint-venture

Multiple Choice Single AnswerQuestion What is that the consultant must be able to recognise about the client's future needs ?Correct Answer VisionYour Answer Goal

Select The BlankQuestion Learning organizations are adaptive to their________environmentCorrect Answer externalYour Answer external

Match The FollowingQuestionCorrect AnswerYour AnswerVipassanaMeditationMeditationVisionaryMissionaryMissionaryKnowledge WorkerWisdom Worker

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Wisdom WorkerTamasRajasRajasKarmaDestinyDestiny

Select The BlankQuestion Event ________ has various ________ opportunities.Correct Answer managementYour Answer managementCorrect Answer CareerYour Answer Career

Multiple Choice Multiple AnswerQuestion Some of the public insurance companies areCorrect Answer LIC , Oriental Insurance , General InsuranceYour Answer LIC , General Insurance , Allianz AG

Multiple Choice Multiple AnswerQuestion Fedrick Winslow Taylor’s Mechanism of Scientific Management includesCorrect Answer scientific task setting , planning the task , standardization of tools and equipmentsYour Answer scientific task setting , planning the task , standardization of tools and equipments

Select The BlankQuestion Under the principles of effective delegation, it is said that never delegate and ________.Correct Answer DisappearYour Answer Disappear

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Select The BlankQuestion The higher the ________ level of the employee, the lower the ________ satisfaction.Correct Answer educationalYour Answer educationalCorrect Answer jobYour Answer job

Multiple Choice Single AnswerQuestion Who said, “Management is management of Men, Money, Machinery Materials and Information?”Correct Answer AnonymousYour Answer Peter Drucker

Select The BlankQuestion ________ is the result of human limitation to the span of management.Correct Answer DelegationYour Answer Delegation

Multiple Choice Single AnswerQuestion Learning organizations must possess what type of culture?Correct Answer LearningYour Answer Learning

Select The BlankQuestion A ________ faced by the retail business is the ________ aspect.Correct Answer challengeYour Answer challenge

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Correct Answer culturalYour Answer cultural

Multiple Choice Multiple AnswerQuestion The different A’s of the service sector areCorrect Answer acceptability , awareness , availabilityYour Answer acceptability , awareness , availability

Multiple Choice Multiple AnswerQuestion Some of the external factors that limit control areCorrect Answer govt. policies , market changes , economic changesYour Answer govt. policies , organizational policies , market changes

True/FalseQuestion the heart of administration is the directing function.Correct Answer TrueYour Answer True

True/FalseQuestion Service denotes physical transfer of goods.Correct Answer FalseYour Answer True

True/FalseQuestion For effective control, different departments should have uniform systems of control.Correct Answer FalseYour Answer True

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Multiple Choice Single AnswerQuestion As organizations increase their products, market diversity etc, for what type of people does the demand increase?Correct Answer General ManagersYour Answer General Managers

Multiple Choice Multiple AnswerQuestion The objective in corporate governance areCorrect Answer shareholders value maximization , growth , stabilityYour Answer shareholders value maximization , growth , stability

Multiple Choice Single AnswerQuestion Name the department which plays a major role in developing a learning organizationCorrect Answer MISYour Answer Sales

Multiple Choice Multiple AnswerQuestion Communication barriers in the international environment areCorrect Answer Loss by transmission , Loss by poor retention , Poor listeningYour Answer Loss by transmission , Loss by poor retention , Poor listening

Multiple Choice Single AnswerQuestion What criterion is that which the SBU must meet which is neither too large nor too small?Correct Answer Proper sizeYour Answer Proper size

Select The BlankQuestion Management is a creative and________process.

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Correct Answer continuousYour Answer continuous

Multiple Choice Multiple AnswerQuestion The old control techniques which were used through years areCorrect Answer unity of policies , break-even analysis , budgetary controlYour Answer unity of policies , break-even analysis , budgetary control

Select The BlankQuestion Individuals have different ________ of management categories such as democratic, ________, bureaucratic, etc.Correct Answer stylesYour Answer stylesCorrect Answer autocraticYour Answer autocratic

True/FalseQuestion Economic considerations do not affect the choice of span.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion How many event management companies are there in Pune?Correct Answer 215Your Answer 215

True/FalseQuestion Developing effective control is one of the weaknesses of MBOCorrect Answer

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FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The summary of important trends in retailing areCorrect Answer market concentration , global players vs. local players , non store retailingYour Answer market concentration , global players vs. local players , non store retailing

Multiple Choice Single AnswerQuestion Who is the father of Intelligence Quotient ?Correct Answer Alfred BennetYour Answer Alfred Bennet

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 their groupYour 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 their group

Multiple Choice Single AnswerQuestion Where is the attack on business families coming fromCorrect Answer TransnationalsYour Answer Transnationals

Select The BlankQuestion Direction is a ________ function performed by all the managers at all levels of the organisation.Correct Answer managerialYour Answer

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complex

Multiple Choice Multiple AnswerQuestion In the insurance sector the rules governing Indian companies areCorrect Answer min. paid up capital of Rs. 1 billion , domestic player cannot be subsidiary of foreign co. , no dealing in non-insurance and non-life as single entityYour Answer min. paid up capital of Rs. 1 billion , 26% equity participation , no dealing in non-insurance and non-life as single entity

True/FalseQuestion Development of the retail sector requires a slow change in our mindset.Correct Answer TrueYour Answer True

True/FalseQuestion Succession planning is not a function of the Board of Directors.Correct Answer FalseYour Answer True

True/FalseQuestion Indian business families are still avoiding joint ventures and tie-ups.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Retailing categories based on ownership arrangement would beCorrect Answer Super Markets , Consumer Durables Stores , Departmental StoresYour Answer Super Markets , Departmental Stores , Shopping Malls

PPM assgnMultiple Choice Single Answer

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Question Who said, “Management is management of Men, Money, Machinery Materials and Information?”Correct Answer AnonymousYour Answer Anonymous

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Multiple Choice Multiple AnswerQuestion The features of art is as followsCorrect Answer skill , knowledge , creativityYour Answer skill , knowledge , creativity

Multiple Choice Multiple AnswerQuestion Science as a discipline has the following featuresCorrect Answer body of organized knowledge , establishes cause and effect relationshipYour Answer body of organized knowledge , establishes cause and effect relationship

True/FalseQuestion Management is conditionalCorrect Answer FalseYour Answer True

True/FalseQuestion Science is a body of organized knowledge.Correct Answer TrueYour Answer

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True

Multiple Choice Single AnswerQuestion Who formulated the l4 Principles of Management?Correct Answer Henry FayolYour Answer Henry Fayol

Multiple Choice Multiple AnswerQuestion Some of the popular forecasts areCorrect Answer demand forecast , sales forecastYour Answer demand forecast , sales forecast

Multiple Choice Multiple AnswerQuestion A vision statement should have the following componentsCorrect Answer ability to inspire people , achievable , precise and objectiveYour Answer ability to inspire people , achievable , precise and objective

True/FalseQuestion Drucker emphasized an MBO philosophy for self-helpCorrect Answer FalseYour Answer True

Match The FollowingQuestionCorrect AnswerYour AnswerControlStandardDesignMeasurementPerformancePerformanceMotivatingEmployees

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EmployeesDeviationsActionStandardFlexibleDesignAction

Multiple Choice Single AnswerQuestion What does control set up for the organization?Correct Answer StandardsYour Answer Standards

True/FalseQuestion Necessary rigidity is required in the control design.Correct Answer FalseYour Answer True

True/FalseQuestion Control has to be flexible.Correct Answer TrueYour Answer True

True/FalseQuestion Control helps management in knowing which department needs less attention.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion By creating independent units what can be done to the need for coordination?Correct Answer

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ReducedYour Answer Reduced

Multiple Choice Single AnswerQuestion What does coordination do to corporate and individual goals?Correct Answer HarmonizesYour Answer Harmonizes

True/FalseQuestion Under planning targets of each department need not be compared with targets of all other departments.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion The different leadership styles areCorrect Answer Autocratic , democratic , laissez - faireYour Answer Autocratic , democratic , laissez - faire

Multiple Choice Multiple AnswerQuestion Some of the traits of leaderships are as followsCorrect Answer emotional stability , communication skill , knowledge of human relationsYour Answer emotional stability , communication skill , knowledge of human relations

Multiple Choice Multiple AnswerQuestion Under hard boiled type of autocratic leadership, the employees tend to becomeCorrect Answer qresentful , uarrelsomeYour Answer qresentful , uarrelsome

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Multiple Choice Single AnswerQuestion Which need includes the basic human needs of food, clothing and shelter?Correct Answer Physiological needsYour Answer Social affiliation need

Multiple Choice Multiple AnswerQuestion Some of the general motivators areCorrect Answer job security , freedom at workplace , interesting workYour Answer job security , freedom at workplace , interesting work

Multiple Choice Single AnswerQuestion Many organizational problems have their root cause in what?Correct Answer MisunderstandingsYour Answer Misunderstandings

Multiple Choice Multiple AnswerQuestion The different types of psychological barriers to communication will beCorrect Answer ego , status consciousness , closed mindYour Answer ego , status consciousness , closed mind

Multiple Choice Multiple AnswerQuestion The functional management challenges in service sector areCorrect Answer human resource , marketing and advertising , finance and taxationYour Answer human resource , marketing and advertising , finance and taxation

Multiple Choice Single AnswerQuestion What proportion is the organized sector of the retail market?Correct Answer 2 %Your Answer

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2 %

True/FalseQuestion Mass activities have started in modern times .Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion Corporate Governance is the term given to which practices?Correct Answer ManagementYour Answer Management

True/FalseQuestion There are three central ideas associated with consequentialism.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion What is an independent business with a coherent set of products, strategies, and objectives, calledCorrect Answer Strategic Business UnitYour Answer Strategic Business Unit

True/FalseQuestion EQ was first brought to attention by Benott Simon .Correct Answer FalseYour Answer False

Match The FollowingQuestionCorrect Answer

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Your AnswerTatasIndian HotelsBPLNambiarsBPLBombay DyeingNulsi WadiaBombay DyeingIndian HotelsAzeem PremjiWiproWiproSinghaniasRaymondsRaymonds

Multiple Choice Single AnswerQuestion What is the role of management consultants?Correct Answer All of theseYour Answer Only a and b

Select The BlankQuestion ________ is a scientific process of looking ________, which is based on past performanceCorrect Answer ForecastingYour Answer ForecastingCorrect Answer forwardYour Answer forward

Select The BlankQuestion ________ is crucial to an organisaton’s ________.Correct Answer DirectingYour Answer DirectingCorrect Answer

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successYour Answer success

Select The BlankQuestion Control through the ________ information will enable proper ________ of plans.Correct Answer feedbackYour Answer feedbackCorrect Answer implementationYour Answer implementation

Select The BlankQuestion Theory Y assumes that people will exercise self-________ and control towards achieving ________ they are committed to.Correct Answer directionYour Answer directionCorrect Answer objectivesYour Answer objectives

Select The BlankQuestion The higher the ________ level of the employee, the lower the ________ satisfaction.Correct Answer educationalYour Answer educationalCorrect Answer jobYour Answer job

Select The BlankQuestion ________ is concerned with what is Good and right for ________.Correct Answer

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EthicsYour Answer EthicsCorrect Answer societyYour Answer society

Select The BlankQuestion Make sure to follow the proper ________ in reporting the ________.Correct Answer GuidelinesYour Answer GuidelinesCorrect Answer wrongdoingYour Answer wrongdoing

Select The BlankQuestion An ________ is a Group of related ________Correct Answer SBUYour Answer SBUCorrect Answer businessesYour Answer businesses

Select The BlankQuestion Emotional ________ is the Realization to ________.Correct Answer intelligenceYour Answer intelligenceCorrect Answer senseYour Answer Purpose

Multiple Choice Multiple AnswerQuestion

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The aspects of corporate governance areCorrect Answer attracting public attention , indispensable , trustYour Answer attracting public attention , indispensable

Select The BlankQuestion With ________ and government regulations, moving ahead requires ________ like Joint VenturesCorrect Answer globalizationYour Answer globalizationCorrect Answer strategiesYour Answer strategies

Select The BlankQuestion Organizations where people continually expand their ________ to create results are called ________Correct Answer capacityYour Answer capacityCorrect Answer Learning organizationsYour Answer Progressive organization

Multiple Choice Single AnswerQuestion Which among the following are the functions of board of directors?Correct Answer All of the aboveYour Answer All of the above

PPM assgnMultiple Choice Single AnswerQuestion The best leader is someone who is?

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Correct Answer CoolYour Answer Cool

Multiple Choice Single AnswerQuestion Life Insurance Corporation was nationalized in 1956 by merging how many private insurance companies?Correct Answer 245Your Answer 245

Select The BlankQuestion ________ offer a definite ________ to the planning process.Correct Answer RulesYour Answer RulesCorrect Answer directionYour Answer direction

True/FalseQuestion To avoid order and clarity there should be unity of command.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion The different leadership styles areCorrect Answer Autocratic , democratic , laissez - faireYour Answer Autocratic , benevolent , democratic , laissez - faire

Select The BlankQuestion Companies seeking to improve have taken a plethora of initiatives such as ________ and ________

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Correct Answer TQMYour Answer TQMCorrect Answer BPRYour Answer BPR

Multiple Choice Single AnswerQuestion What has led to the stumbling of Indian companies?Correct Answer Self-confidenceYour Answer Self-confidence

Select The BlankQuestion ________ divide work into specialized ________.Correct Answer ManagersYour Answer ManagersCorrect Answer functionsYour Answer functions

Multiple Choice Multiple AnswerQuestion The internal environment factors that influence management areCorrect Answer labour , machines , placeYour Answer labour , machines

Multiple Choice Single AnswerQuestion Co-ordination must be visualized from which stage of planning and policymaking?Correct Answer EarlyYour Answer Early

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True/FalseQuestion Management consultants do not assist implementation.Correct Answer FalseYour Answer False

Select The BlankQuestion ________ management includes ________ of tools and equipments.Correct Answer ScientificYour Answer ScientificCorrect Answer StandardizationYour Answer Standardization

Select The BlankQuestion A ________ faced by the retail business is the ________ aspect.Correct Answer challengeYour Answer challengeCorrect Answer culturalYour Answer cultural

Select The BlankQuestion ________ should ________ its resources in key areasCorrect Answer SBUYour Answer SBUCorrect Answer ManageYour Answer Manage

True/FalseQuestion

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Frederick W. Taylor was born before Henry FayolCorrect Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Who said, “Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of grCorrect Answer Koontz & O ‘DonellYour Answer Koontz & O ‘Donell

Multiple Choice Single AnswerQuestion Without an efficient what can, direction not be fully effective?Correct Answer ControlYour Answer Control

Multiple Choice Multiple AnswerQuestion Various areas of operations in Event Management areCorrect Answer celebrity mangement , high profile weddings, birthday parties , concertsYour Answer celebrity mangement , high profile weddings, birthday parties , Talent search , concerts

Multiple Choice Multiple AnswerQuestion A responsible leader does not limitCorrect Answer discussions , development of alternatives , interactionsYour Answer discussions , development of alternatives , interactions

Multiple Choice Single AnswerQuestion Achieving one’s potential is what type of need?Correct Answer Self-actualization

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Your Answer Self-actualization

Select The BlankQuestion ________ involves the setting of ________ which will have to prevail in the OrganizationCorrect Answer ObjectivesYour Answer PoliciesCorrect Answer standardsYour Answer standards

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 DruckerYour Answer Peter Drucker

Multiple Choice Single AnswerQuestion What is the meaning of no physical transfer of goods in Service?Correct Answer IntangibilityYour Answer Intangibility

Match The FollowingQuestionCorrect AnswerYour AnswerWhose success story has taught us a lesson?JapanJapanWhich King insisted upon setting the goals?AkbarAkbarWho mentioned that everybody has a divine power to face challenges?VivekanandaVivekananda

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Who was the mentor of Chandragupta Maurya?KautilyaKautilyaWho popularize Transcendental Meditation?MaharishiMaharishi

True/FalseQuestion Direction should not be a very continuous activity.Correct Answer FalseYour Answer False

True/FalseQuestion Delegation of authority does not allow subordinate to developCorrect Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Who said, “Management is management of Men, Money, Machinery Materials and Information?”Correct Answer AnonymousYour Answer Anonymous

Multiple Choice Single AnswerQuestion Who is called “the Father of Modern Management Theory”?Correct Answer Henry FayolYour Answer Henry Fayol

Multiple Choice Single AnswerQuestion Direction helps facilitate what in the organization?Correct Answer ChangeYour Answer

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Change

Select The BlankQuestion ________ corporate governance is ________ to resilient and vibrant capital markets.Correct Answer StrongYour Answer StrongCorrect Answer indispensableYour Answer indispensable

Match The FollowingQuestionCorrect AnswerYour AnswerEQ refers to the qualitiesThat mark the people who excel in real life.That mark the people who excel in real life.Science is proving that EQ more than IQUnderpins many of the best decisions.Underpins many of the best decisions.Emotional distress shrinks working memoryAnd so diminishes the ability to think clearly.And so diminishes the ability to think clearly.self-motivation requires a high level of optimismAnd persistence despite rejection.And persistence despite rejection.Empathy involves reading unstated emotional cuesBeing able to sense what others are feelingBeing able to sense what others are feeling

Multiple Choice Multiple AnswerQuestion Due to liberalization the changes that has taken place can be summarized asCorrect Answer competition , pressure on prices , market revolutionYour Answer competition , pressure on prices , market revolution

Select The BlankQuestion Corporate governance should aim at better ________, ________ and

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accountability.Correct Answer transparencyYour Answer transparencyCorrect Answer ethicsYour Answer ethics

True/FalseQuestion Economic considerations do not affect the choice of span.Correct Answer FalseYour Answer False

Select The BlankQuestion ________ can be viewed as an extension of ________.Correct Answer DecentralizationYour Answer DecentralizationCorrect Answer delegationYour Answer delegation

Select The BlankQuestion ________ can defined as the ________ of what is good and right for business.Correct Answer Business EthicsYour Answer Business EthicsCorrect Answer studyYour Answer study

Multiple Choice Single AnswerQuestion Where is the attack on business families coming from?Correct Answer

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TransnationalsYour Answer Transnationals

Multiple Choice Multiple AnswerQuestion The old control techniques which were used through years areCorrect Answer unity of policies , break-even analysis , budgetary controlYour Answer unity of policies , break-even analysis , budgetary control

Multiple Choice Multiple AnswerQuestion Steps that a whistle blower should take into considerationCorrect Answer stick to facts , consult lawyer , determine the type of wrongYour Answer stick to facts , consult lawyer , determine the type of wrong

Multiple Choice Multiple AnswerQuestion Budgetary control involves budgets such asCorrect Answer sales , production , cashYour Answer sales , production , cash

True/FalseQuestion Event management is a modern activity.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Which among the following are barriers to communication?Correct Answer Noise, time and distance , Semantic barriers , Wrong MediumYour Answer Noise, time and distance , Semantic barriers , Wrong Medium

Multiple Choice Single AnswerQuestion

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What is concerned for the good and right for the society?Correct Answer EthicsYour Answer Ethics

Multiple Choice Multiple AnswerQuestion The important characteristics of direction areCorrect Answer helps utilize capabilities , initiates action , irreplaceable taskYour Answer helps utilize capabilities , initiates action , irreplaceable task

Multiple Choice Multiple AnswerQuestion Principles of effective communication would beCorrect Answer clear in use of language , attentive listening , use of right mediumYour Answer clear in use of language , attentive listening , use of right medium

True/FalseQuestion The objective of paternalistic leadership to help, guide, protect followers.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear on performance areCorrect Answer managerial incentives , disciplining , corporate restructuringYour Answer managerial incentives , disciplining , corporate restructuring

Multiple Choice Single AnswerQuestion Written communication is aCorrect Answer Non-Direct CommunicationYour Answer Non-Direct Communication

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Multiple Choice Single AnswerQuestion The most effective way of communicationCorrect Answer WrittenYour Answer Verbal

Multiple Choice Single AnswerQuestion It can be used as legal record which may be used in the court of lawCorrect Answer Written communicationYour Answer Written communication

Multiple Choice Single AnswerQuestion Barrier for written communication can beCorrect Answer LanguageYour Answer Language

Multiple Choice Single AnswerQuestion These are permanent records for businessCorrect Answer Business lettersYour Answer Business letters

Match The FollowingQuestionCorrect AnswerYour AnswerWritten CommunicationNon- Direct communicationNon- Direct communicationBusiness letterlegal evidencelegal evidenceOutward NumberFurther referenceFurther reference

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Inward addressReceivers addressReceivers addressHead AddressSenders AddressSenders Address

Multiple Choice Multiple AnswerQuestion Essentials of a good plan areCorrect Answer must be continuous , should be time bound , must motivate peopleYour Answer must be continuous , should be time bound , must motivate people

Multiple Choice Multiple AnswerQuestion A vision statement should have the following componentsCorrect Answer ability to inspire people , achievable , precise and objectiveYour Answer ability to inspire people , achievable , precise and objective

Match The FollowingQuestionCorrect AnswerYour AnswerOrganizing…Process…ManagementPhilosophy…Management…SpanException…Principle…. DegreeControl…Span…ProcessDelegation…. Degree…Principle

Multiple Choice Single AnswerQuestion The extent of decentralization depends of which factor ?

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Correct Answer CostlinessYour Answer Costliness

True/FalseQuestion Delegation and decentralization are closely relatedCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Who said, direction is telling people what to do?Correct Answer DaleYour Answer Dale

Multiple Choice Single AnswerQuestion What is essential for an order is to be carried out effectively?Correct Answer AcceptanceYour Answer Acceptance

Multiple Choice Single AnswerQuestion Direction helps integrate whose efforts?Correct Answer IndividualYour Answer Individual

True/FalseQuestion Necessary rigidity is required in the control design.Correct Answer FalseYour Answer False

Multiple Choice Multiple Answer

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Question Some of the important techniques of coordination areCorrect Answer hierarchy , effective communication , indoctrinationYour Answer hierarchy , effective communication , indoctrination

True/FalseQuestion One needs to se e the big picture.Correct Answer TrueYour Answer True

True/FalseQuestion The 3-needs theory is about motivators in an organization.Correct Answer TrueYour Answer True

True/FalseQuestion Service sector has expanded because of explosion in information technology.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Franchisee stores can be further categorized intoCorrect Answer apparel stores , jewellery stores , footwear storesYour Answer apparel stores , jewellery stores , footwear stores

Multiple Choice Single AnswerQuestion What is event management?Correct Answer Interactive advertisingYour Answer Interactive advertising

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Multiple Choice Single AnswerQuestion What is the core of corporate governance?Correct Answer TrustYour Answer Trust

True/FalseQuestion There are five channels through which corporate governance may bear.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Key ethical principles include the followingCorrect Answer fulfilling commitments , caring and compassion , being accountable for decisionYour Answer fulfilling commitments , caring and compassion , being accountable for decision

Multiple Choice Multiple AnswerQuestion Unethical acts are results of the following factorsCorrect Answer unawareness and insensitivity to issue , faulty reasoning , selfishnessYour Answer unawareness and insensitivity to issue , faulty reasoning , selfishness

True/FalseQuestion An SBU is a relatively independent business unit.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Learning organizations must develop a capacity for fast-paced innovation

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and learn to love what?Correct Answer ChangeYour Answer Change

Multiple Choice Multiple AnswerQuestion The different disciplines mentioned in the fifth discipline fieldbook by Peter Sange areCorrect Answer personal mastery , mental models , shared visionYour Answer personal mastery , mental models , shared vision

Multiple Choice Single AnswerQuestion Who mentioned that everyone has a divine power to face the challenges?Correct Answer VivekanandaYour Answer Vivekananda

Multiple Choice Multiple AnswerQuestion Human beings are classified under different mental conditions such asCorrect Answer restless equilibrium , imperfect equilibrium , perfect equilibriumYour Answer restless equilibrium , imperfect equilibrium , perfect equilibrium

Multiple Choice Single AnswerQuestion Successful consultants should promote their consultancy through what?Correct Answer NetworkYour Answer Network

True/FalseQuestion Decentralization would not be preferred in large-sized units.Correct Answer FalseYour Answer False

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Select The BlankQuestion Planning ________ risk factors and ________ wasteCorrect Answer anticipatesYour Answer anticipatesCorrect Answer eliminatesYour Answer eliminates

Select The BlankQuestion The need for co-ordination is felt to ________ the ________ of an organizationCorrect Answer integrateYour Answer integrateCorrect Answer activitiesYour Answer activities

Select The BlankQuestion ________ motivating, supervising, directing, guiding of employees, are ________ of control.Correct Answer LeadingYour Answer LeadingCorrect Answer elementsYour Answer elements

Select The BlankQuestion ________ maintains the ________ between ends and means, outputs and efforts.Correct Answer ControlYour Answer Control

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Correct Answer EquilibriumYour Answer Equilibrium

Select The BlankQuestion ________ leader believes in helping, ________, protecting, and keeping followers happy?Correct Answer PaternalisticYour Answer PaternalisticCorrect Answer guidingYour Answer guiding

Select The BlankQuestion Theory X assumes People must be ________ or controlled to do work to achieve ________Correct Answer coercedYour Answer coercedCorrect Answer objectivesYour Answer objectives

Select The BlankQuestion Morale generally ________ to esprit de ________.Correct Answer refersYour Answer refersCorrect Answer corpsYour Answer corps

Select The BlankQuestion ________ services comprise of social and personal services and ________.

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Correct Answer ConsumerYour Answer ConsumerCorrect Answer hotelsYour Answer hotels

Select The BlankQuestion Indian ________ must keep in mind that Indians enjoy ________ for options.Correct Answer retailersYour Answer retailersCorrect Answer scoutingYour Answer scouting

Select The BlankQuestion An objective of corporate governance is ________ of ________ value.Correct Answer enhancementYour Answer enhancementCorrect Answer shareholderYour Answer shareholder

Select The BlankQuestion ________ is ________ management doesCorrect Answer managementYour Answer OrganizationCorrect Answer whatYour Answer what

Multiple Choice Single Answer

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Question Corporate governance may bear on performance through which of the following?Correct Answer All of theseYour Answer All of these

Multiple Choice Multiple AnswerQuestion The tools and techniques used in the learning organizations areCorrect Answer creativity, brainstorming , observing outcomes , reframing knowledgeYour Answer creativity, brainstorming , observing outcomes , reframing knowledge

Multiple Choice Multiple AnswerQuestion Collective learning requires skills for sharing information and knowledge, the key skills mentioned areCorrect Answer listening and observing , holistic perspective , coping with challenge and uncertaintyYour Answer knowledgeable colleagues , listening and observing , holistic perspective , coping with challenge and uncertainty

Multiple Choice Single AnswerQuestion The Indian customer likes to be served:Correct Answer All of theseYour Answer All of these

Multiple Choice Single AnswerQuestion One of the causes of low morale would beCorrect Answer No delegation of authorityYour Answer No delegation of authority

Multiple Choice Single AnswerQuestion A business unit must meet specific criteria, if it wants to be called an SBU.

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These areCorrect Answer Definable group of competitorsYour Answer Definable group of competitors

Multiple Choice Multiple AnswerQuestion An SBU is an independent business with a coherent set ofCorrect Answer products , competitors , objectivesYour Answer products , competitors , objectives

Select The BlankQuestion In management process, the most misinterpreted word is ________.Correct Answer OrganizingYour Answer Organizing

True/FalseQuestion Management is that important process which continues till the objectives set by the administrator are actually achieved.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the Business family "Munjals"Correct Answer Hero Honda , Hero CyclesYour Answer Hero Honda , Hero Cycles

Multiple Choice Multiple AnswerQuestion The old control techniques which were used through years areCorrect Answer Unity of policies , break-even analysis , budgetary controlYour Answer Unity of policies , break-even analysis , budgetary control

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Multiple Choice Single AnswerQuestion Name the technique which is said to be a ploy or a future course of action.Correct Answer StrategyYour Answer Strategy

Multiple Choice Multiple AnswerQuestion The main strategies adopted by business families for growth areCorrect Answer Raising their capital , Appoint professional manager , Technology upgradationYour Answer Raising their capital , Appoint professional manager , Technology upgradation

Multiple Choice Single AnswerQuestion Management is purposeful and what?Correct Answer Goal orientedYour Answer Goal oriented

Multiple Choice Multiple AnswerQuestion Select the guidelines for effective decision making.Correct Answer Adopt a diagnostic approach to decision making , Involve subordinates in decision making process , Evaluate the resultsYour Answer Adopt a diagnostic approach to decision making , Involve subordinates in decision making process , Evaluate the results

Select The BlankQuestion ________is at the core of corporate governance.Correct Answer trustYour Answer planning

Match The Following

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QuestionCorrect AnswerYour AnswerEmpathyIt is a component of leadership due to the rapid pace of globalisationIt is a component of leadership due to the rapid pace of globalisationSocial effectivenessThis component allows you to settle disputes amicablyThis component allows you to settle disputes amicablyAlfred BennetHe is the father of intelligence quotientHe is the father of intelligence quotientDaniel GolemanHe is an American Behavioural ScientistHe is an American Behavioural Scientist

Multiple Choice Single AnswerQuestion Audit is an effective tool of corporate governance and can act/enableCorrect Answer self-regulationYour Answer self-regulation

Multiple Choice Single AnswerQuestion Which among the following is an event management company?Correct Answer Planet EYour Answer Planet E

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Multiple Choice Single AnswerQuestion Some managements who are very much intimated by consulting firms, what are they likely to looseCorrect Answer Confidence

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Your Answer Confidence

Multiple Choice Single AnswerQuestion Management exists at which levels of the organization?Correct Answer AllYour Answer All

Multiple Choice Single AnswerQuestion Profession requires definite period of what?Correct Answer LearningYour Answer Learning

Multiple Choice Single AnswerQuestion Motivating a worker is to create a need and what else on the part of a worker to better his present performance.Correct Answer DesireYour Answer Desire

Multiple Choice Single AnswerQuestion Science is a body of which type of Knowledge?Correct Answer OrganizedYour Answer Organized

Multiple Choice Multiple AnswerQuestion Features of Management are as followsCorrect Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

Multiple Choice Multiple AnswerQuestion

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Management is multidisciplinary, it includes knowledge/ information fromCorrect Answer economics , maths , psychologyYour Answer economics , maths , psychology

Select The BlankQuestion The process of control is complete only when the organisation take ________ action.Correct Answer correctiveYour Answer corrective

Multiple Choice Multiple AnswerQuestion Empathy is particularly important today as a component of leadership for the followingCorrect Answer rapid pace of globalisation , increasing use of teams , growing need to retain talentYour Answer rapid pace of globalisation , increasing use of teams , growing need to retain talent

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 FalseYour Answer True

Select The BlankQuestion Business ethics can be defined as the study of what is________for the business.Correct Answer good and rightYour Answer profitable

Select The BlankQuestion

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To solve the HR issues, one of the remedy is to emphasis on overall ________ development through training and exposure.Correct Answer PersonalityYour Answer Personality

Multiple Choice Single AnswerQuestion Corporatization of the service sector is essentiallyCorrect Answer professionally managed servicesYour Answer professionally managed services

Select The BlankQuestion With liberalization markets are undergoing fundamental changes including ________ and pressure on prices.Correct Answer competitionYour Answer sales

Multiple Choice Single AnswerQuestion One of the external factors that influence management isCorrect Answer LegalYour Answer Legal

Select The BlankQuestion Management as a discipline is the function of________.Correct Answer creativityYour Answer science

Multiple Choice Single AnswerQuestion Management is not just aCorrect Answer ProcessYour Answer

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Performance

True/FalseQuestion Decreased productivity is a cost of low IQ.Correct Answer FalseYour Answer False

Select The BlankQuestion A rule governing Indian companies states that policy holder's funds must be________only in India.Correct Answer investedYour Answer invested

True/FalseQuestion The financial structure is not one of the five channels of corporate governance.Correct Answer FalseYour Answer False

Match The FollowingQuestionCorrect AnswerYour AnswerGoalsIt is a dream with a deadline and articulates the long-term goals of the enterprise.More specific, financial, non-financial issues reached with a stretch.MBOMore specific, financial, non-financial issues reached with a stretch.The philosophy that emphasizes self-control and self directionMissionThe philosophy that emphasizes self-control and self directionThe basically indicate the purpose of businessVisionThe basically indicate the purpose of businessIt is a dream with a deadline and articulates the long-term goals of the enterprise.

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Select The BlankQuestion A set of actions that you start with and must maintain is also called as ________.Correct Answer StrategyYour Answer Strategy

Select The BlankQuestion Being more attuned to the feelings of those you work with is a benefit of ________.Correct Answer Emotional QuotientYour Answer Emotional Quotient

True/FalseQuestion The 7 S Framework first appeared in 'The Art of Japanese management' by Richard Pascale and Anthony Athos in 1981.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion What does decoding mean ?Correct Answer Message interpretationYour Answer Message interpretation

Multiple Choice Multiple AnswerQuestion Some tips for improving written communication would beCorrect Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar wordsYour Answer Avoid unnecessary words , Use simple words and phrases

Multiple Choice Multiple Answer

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Question Types of degree of delegations are:Correct Answer Low degree , Moderate degree , High degreeYour Answer Low degree , Moderate degree , High degree

True/FalseQuestion Under pre-requisites of planning performance budgeting is meaningful without control.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal environment Factor influences Management?Correct Answer MachinesYour Answer Machines

Multiple Choice Multiple AnswerQuestion The products that are grouped under strategic business units share common factors, likeCorrect Answer underlying technology , the market , the skillYour Answer underlying technology , the market , the skill

Multiple Choice Single AnswerQuestion What is the fundamental tool employed by managers in directing their subordinates ?Correct Answer OrderYour Answer Order

True/FalseQuestion MBO method has been evolved by Peter Drucker (1955).

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Correct Answer TrueYour Answer True

True/FalseQuestion Control techniques affect the degree of decentralization.Correct Answer TrueYour Answer True

Select The BlankQuestion The term ________ refers to a specific administrative directive prescribing the sequential manner in which a repetitive activity is to be initiated and completed in a goal - oriented manner.Correct Answer procedureYour Answer procedure

Multiple Choice Single AnswerQuestion Whose feelings and difficulties should the manager know for direction to become effective ?Correct Answer SubordinatesYour Answer Subordinates

True/FalseQuestion In delegation a superior transfer some duties and responsibilities to his subordinates.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Under the disadvantages of strategic business units what is that which is difficult to maintain in its uniformity?Correct Answer

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Corporate imageYour Answer Corporate image

Select The BlankQuestion A superior should always establish a ________ control so that his subordinates report to him periodically.Correct Answer FeedbackYour Answer Feedback

Multiple Choice Multiple AnswerQuestion Principles of effective delegation are:Correct Answer Train the subordinates , Reward delegation , Appropriate reporting systemYour Answer Train the subordinates , Reward delegation , Appropriate reporting system

Multiple Choice Single AnswerQuestion What did chanakya write ?Correct Answer ArthashastraYour Answer Arthashastra

Multiple Choice Multiple AnswerQuestion Unethical acts are results of the following factors:Correct Answer unawareness and insensitivity to issues , selfishness , faulty reasoningYour Answer unawareness and insensitivity to issues , selfishness , faulty reasoning

Multiple Choice Single AnswerQuestion How many forces of competition are there according to Michael E. Porter?Correct Answer FiveYour Answer Five

Select The Blank

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Question To solve the HR issues, one of the remedy is to emphasis on overall ________ development through training and exposure.Correct Answer PersonalityYour Answer Professional

Select The BlankQuestion Producer services are trade,________communication and financial services.Correct Answer transportYour Answer transport

Multiple Choice Multiple AnswerQuestion The various tools for corporate governance areCorrect Answer audit , professionalism , proper functioning of the boardYour Answer audit , professionalism , proper functioning of the board

True/FalseQuestion Economic consideration do not affect the choice of span.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion To become a successful consultant, name the skill requiredCorrect Answer negotiationYour Answer negotiation

Select The BlankQuestion ________ says you are the product of your past and you are bound by past activities.Correct Answer Law of destiny

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Your Answer Law of Karma

Select The BlankQuestion To establish contact with the creator ________ helps us to transfer our minds and reach at the goal.Correct Answer Yogic processes, social norms and valuesYour Answer Yogic processes, social norms and values

Multiple Choice Single AnswerQuestion Some managements who are very much intimated by consulting firms, what are they likely to looseCorrect Answer ConfidenceYour Answer Confidence

True/FalseQuestion Learning from mistakes is often more powerful than learning from success.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The defination of decision involves following characteristicsCorrect Answer Involves Rationality , Involves Commitment , Involves Mental ProcessYour Answer Involves Rationality , Involves Commitment , Involves Mental Process

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Multiple Answer

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Question The old control techniques which were used through years areCorrect Answer Unity of policies , break-even analysis , budgetary controlYour Answer Unity of policies , current date analysis , break-even analysis

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 life will primarily be motivated by such needsCorrect Answer physiologicalYour Answer physiological

Select The BlankQuestion ________ is effective only in big organizations.Correct Answer DecentralizationYour Answer Decentralization

Multiple Choice Multiple AnswerQuestion Budgetary control involves budgets such asCorrect Answer sales , production , cashYour Answer sales , production , cash

Select The BlankQuestion The concept of corporate governance has been attracting________in India.Correct Answer public attentionYour Answer public attention

Select The BlankQuestion The retailing sector in India has been quite________.Correct Answer staid and boring

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Your Answer staid and boring

Multiple Choice Single AnswerQuestion Name one of the disadvantages of strategic business unitsCorrect Answer Distortion of informationYour Answer Distortion of information

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

Select The BlankQuestion Maharishi Institute of Management has ________ centres in India and abroad.Correct Answer 18Your Answer 20

Multiple Choice Multiple AnswerQuestion Under McKinsey's 7 S model, the soft S's are:Correct Answer Style , Staff , SkillsYour Answer Style , Staff , Skills

Multiple Choice Multiple AnswerQuestion The factors measuring the morale of the workers and ascertain whether it is increasing or diminishing can be listed asCorrect Answer Absenteeism , No. of accidents , GrievancesYour Answer Absenteeism , No. of accidents , Grievances

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Multiple Choice Single AnswerQuestion The Indian retail sector is behind Taiwan although its retail industry is estimated to be around $40 billion only, this is because of itsCorrect Answer 81% penetrationYour Answer 81% penetration

True/FalseQuestion Management is the combination of Arts, Science and profession.Correct Answer TrueYour Answer True

True/FalseQuestion 'Span of control' is also referred to as span of management.Correct Answer TrueYour Answer True

Match The FollowingQuestionCorrect AnswerYour AnswerKnowledge based decision-making.Instead of intuitionInstead of intuitionProfessional managers may have only salary-stakeQuestion of accountability of PerformanceQuestion of accountability of PerformanceManagement can be applied everywhereManagement is universalManagement is universalManagement is dynamicChanges as per timeChanges as per timeManager does not require any specific qualificationAnybody can become a managerAnybody can become a manager

Multiple Choice Multiple Answer

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Question The general management challenges faced by the service sector areCorrect Answer Communicating the concept , Differentiating factors , Revenue modelYour Answer Communicating the concept , Differentiating factors , Revenue model

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Location

Select The BlankQuestion ________ provide all types of help required to make the business more efficient and profitable.Correct Answer ConsultantsYour Answer Consultants

Multiple Choice Multiple AnswerQuestion The key management processes in the learning organizations would beCorrect Answer competitor analysis , performance measurement , capability planningYour Answer competitor analysis , performance measurement , capability planning

Multiple Choice Single AnswerQuestion Management is said to be the combination of three factors, arts, science and the third isCorrect Answer professionYour Answer profession

True/FalseQuestion Taj Mahal are living symbols of 'creation and result of management practices'.Correct Answer

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TrueYour Answer True

True/FalseQuestion Financial institutions should maintain a close relationship to seek a seat on the board.Correct Answer FalseYour Answer False

True/FalseQuestion Ethics of statute tries to explore the traits which help the person to lead a life that is satisfying from an ethical point of view.Correct Answer FalseYour Answer True

Match The FollowingQuestionCorrect AnswerYour AnswerPhilosophy of scientific managementDevelopment of each man to his capacity and abilityDevelopment of each man to his capacity and abilitySix industrial activitiesTechnical, commercial, financial, accounting, security managementTechnical, commercial, financial, accounting, security managementFive management functionsPlanning, organizing, commanding, co-ordination, controlPlanning, organizing, commanding, co-ordination, controlFour supervisors at implementation departmentGang boss, speed boss, repair boss, inspectorGang boss, speed boss, repair boss, inspector

Multiple Choice Single AnswerQuestion Whose behavior does control guide and integrate?Correct Answer Employees

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Your Answer Employees

Multiple Choice Multiple AnswerQuestion Science as a discipline has the following featuresCorrect Answer body of organized knowledge , establishes cause and effect relationshipYour Answer body of organized knowledge , establishes cause and effect relationship

Multiple Choice Multiple AnswerQuestion The activities of the communicator while communicating a message will includeCorrect Answer ideation , encoding , transmissionYour Answer ideation , encoding , response , transmission

True/FalseQuestion Management is conditionalCorrect Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion What is the keynote of Indian thought?Correct Answer BalanceYour Answer Balance

Multiple Choice Single AnswerQuestion One of the popular forecasts is?Correct Answer DemandYour Answer Demand

Multiple Choice Multiple AnswerQuestion

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Few of the ethical concepts are stated as underCorrect Answer ethical subjectivism , ethical relativismYour Answer ethical subjectivism , ethical relativism

Multiple Choice Multiple AnswerQuestion It is agreed that control is vital to an organization due to the following reasonsCorrect Answer positive impact , detection of weaknesses , proper implementation of plansYour Answer positive impact , detection of weaknesses , proper implementation of plans

Multiple Choice Multiple AnswerQuestion The aspects of corporate governance areCorrect Answer attracting public attention , indispensable , trustYour Answer attracting public attention , indispensable

Multiple Choice Multiple AnswerQuestion To be called an SBU, a business unit must meet specific criteriaCorrect Answer have definable group of competitors , have its own mission , prepare its own integrated plansYour Answer have definable group of competitors , have its own mission , prepare its own integrated plans

Select The BlankQuestion ________ can be viewed as an extension of ________.Correct Answer DecentralizationYour Answer delegationCorrect Answer delegationYour Answer Decentralization

Multiple Choice Multiple Answer

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Question Internal coordination will be coordination betweenCorrect Answer branch offices , workers and managers , coordination with employees of same dept.Your Answer branch offices , workers and managers , coordination with employees of same dept.

Match The FollowingQuestionCorrect AnswerYour AnswerChallenge faced by the retail businessLooking beyond priceLooking beyond priceBrands are no longer productsThey are associated with life styles and people’s aspirationsThey are associated with life styles and people’s aspirationsObstacle to retail development in IndiaExpensive supply chainsExpensive supply chainsA favorable factor which will help the further development of retail sector in IndiaAwareness being created by satellite TV channels about global products.Awareness being created by satellite TV channels about global products.An average Indian buying habitPrefer to pay in cashPrefer to pay in cash

Multiple Choice Multiple AnswerQuestion In the insurance sector the rules governing the foreign companiesCorrect Answer 26% equity participation , can affect only special resolutions , cannot appoint majority directors on the co. boardYour Answer 26% equity participation , can affect only special resolutions , cannot appoint majority directors on the co. board

Match The FollowingQuestionCorrect AnswerYour AnswerSniffingFlavor

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FlavorDe mergerDownsizingDownsizingConsultantsAdvisorsAdvisorsMergersAcquisitionsAcquisitionsTrendyGlamorousGlamorous

Select The BlankQuestion A consultant should have ________ of travel ________ the globe.Correct Answer tenacityYour Answer tenacityCorrect Answer acrossYour Answer across

Select The BlankQuestion ________ the insurance ________ and forecasting Insurable population is must.Correct Answer PlanningYour Answer PlanningCorrect Answer productYour Answer product

Select The BlankQuestion ________ is a ________ processCorrect Answer ManagementYour Answer ManagementCorrect Answer

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continuousYour Answer continuous

Multiple Choice Multiple AnswerQuestion The summary of important trends in retailing isCorrect Answer efficiency and focus , non store retailing , global players vs local players Your Answer non store retailing , global players vs local players , efficiency and focus

Match The FollowingQuestion Correct Answer Your Answer

EQ The qualities that mark the people who excel in real life The qualities that mark the people who excel in real life

Self-Motivation It requires a high level of optimism and persistence despite rejection It requires a high level of optimism and persistence despite rejection

Cost It signifies increased employees turnover It signifies increased employees turnover

Benefit Differentiating between positive and destructive emotions Differentiating between positive and destructive emotions

Multiple Choice Multiple AnswerQuestion Name the leading ad agencies in India that have a separate event section.Correct Answer Vigennet , Ogilvy , Mathers Your Answer Vigennet , Ogilvy , Mathers

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

True/FalseQuestion Henry Fayol was born in England.Correct Answer False

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Your Answer False

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 servicesYour Answer Indian administrative services

True/FalseQuestion Insider trading issue is an important aspect of corporate governance.Correct Answer TrueYour Answer True

True/FalseQuestion Economic consideration do not affect the choice of span.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Name the following topics that gives an idea about the concept of organizing.Correct Answer Decentralization , Staffing process , Span of management Your Answer Decentralization , Staffing process , Span of management

True/FalseQuestion Span of management is normally related to organization structure.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Where is the attack on business families coming fromCorrect Answer TransnationalsYour Answer Transnationals

Select The BlankQuestion ________ activities include co-ordination and control.Correct Answer ManagerialYour Answer Managerial

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Multiple Choice Single AnswerQuestion Who emphasized that king, as a head of the state has to be virtuous and self disciplinedCorrect Answer SukrayacharyaYour Answer Sukrayacharya

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 surfaceYour Answer we see only parts of ready potential on the surface

True/FalseQuestion Samartha Ramdas contributed to the conception of administration and managementCorrect Answer TrueYour Answer True

True/FalseQuestion Taj Mahal are living symbols of 'creation and result of management practices'.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Who said, "Management is management of Men, Money, Machinery Materials and Information?" Correct Answer AnonymousYour Answer Anonymous

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Single AnswerQuestion Who said, "Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups

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can perform efficiently and effectively towards the attainment of grCorrect Answer Koontz & O 'DonellYour Answer Koontz & O 'Donell

Multiple Choice Single AnswerQuestion How many central ideas are associated with consequentialism?Correct Answer TwoYour Answer Two

True/FalseQuestion Vision without mission is incomplete and mission without vision is meaningless.Correct Answer TrueYour Answer True

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 DruckerYour Answer Peter Drucker

Select The BlankQuestion Control, like other elements of management process has to be ________ and not an emergency operationCorrect Answer continuousYour Answer continuous

Select The BlankQuestion The concept of value and the concept of maximization of value are related to________concept of Ethics.Correct Answer ConsequentialismYour Answer Consequentialism

Select The BlankQuestion Advantage of delegation of authority results in prompt ________.Correct Answer Decision-makingYour Answer Decision-making

Multiple Choice Single Answer

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Question In addition to Place, Labor and Money which other internal environment Factor influences Management? Correct Answer MachinesYour Answer Machines

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Select The BlankQuestion ________ thinks that all knowledge is not subjective and he is self-conceit to possess it.Correct Answer Knowledge workerYour Answer Knowledge worker

Select The BlankQuestion Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

True/FalseQuestion Delegation has basically five degrees - zero, low, moderate, high and fifth degree.Correct Answer TrueYour Answer True

Select The BlankQuestion Business ethics can be defined as the study of what is________for the business.Correct Answer good and rightYour Answer good and right

Select The BlankQuestion The retailing sector in India has been quite________.Correct Answer staid and boringYour Answer staid and boring

Multiple Choice Single Answer

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Question Management is said to be the combination of three factors, arts, science and the third isCorrect Answer professionYour Answer profession

Match The FollowingQuestion Correct Answer Your Answer

Unit of command This means that employees should receive orders from one superior only This means that employees should receive orders from one superior only

Scalar chain Chain of superiors from the highest to the lowest ranks Chain of superiors from the highest to the lowest ranks

Equity Loyalty, devotion on the part of managers should be there when dealing with subordinates Loyalty, devotion on the part of managers should be there when dealing with subordinates

Esprit De Corps In union there is strength' In union there is strength'

Multiple Choice Single AnswerQuestion Which concept of ethics tries to explore the traits which help a person to lead a life that is satisfying from an ethical point of view?Correct Answer Ethics of VirtueYour Answer Ethics of Virtue

Select The BlankQuestion In management process, the most misinterpreted word is ________.Correct Answer OrganizingYour Answer Organizing

Multiple Choice Single AnswerQuestion What does Maslow propound about the five needs ?Correct Answer HierarchyYour Answer Hierarchy

Multiple Choice Single AnswerQuestion Which ethical concept argues/emphasizes that all mature persons have adequate capacity to reason and that ethical rules can be desired from

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such reasons?Correct Answer Deontological EthicsYour Answer Deontological Ethics

Multiple Choice Single AnswerQuestion What is the challenge insurance will face like any other service sector?Correct Answer BrandingYour Answer Branding

Multiple Choice Multiple AnswerQuestion The steps included in the process of MBO areCorrect Answer Preliminary setting of goals at the top , Clarification of organisational goals , Recycling of objectives Your Answer Preliminary setting of goals at the top , Clarification of organisational goals , Recycling of objectives

Multiple Choice Single AnswerQuestion What require a high level of optimism and persistence despite rejectionCorrect Answer Self-MotivationYour Answer Self-Motivation

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Multiple Choice Multiple AnswerQuestion Name the flagship companies under the Business family "Munjals"Correct Answer Hero Honda , Hero Cycles Your Answer Hero Honda , Hero Cycles

Multiple Choice Multiple AnswerQuestion In the complex new liberalized economy business families face common problems such asCorrect Answer Unproductive labour , Falling share value , Transnational attach Your Answer Unproductive labour , Falling share value , Transnational attach

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Select The BlankQuestion Henry Fayol finds ________ and responsibility to be related, with the latter arising from the former.Correct Answer AuthorityYour Answer Authority

Select The BlankQuestion Planning depends on authenticity and ________ of information.Correct Answer ReliabilityYour Answer Reliability

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

True/FalseQuestion Economic consideration do not affect the choice of span.Correct Answer FalseYour Answer False

Select The BlankQuestion Necessity of control in business organization arises due to number of factors, one of which is ________ of organizations themselves.Correct Answer ComplexityYour Answer Improper action

Multiple Choice Single AnswerQuestion Who mentioned that everyone has a divine power to face the challenges?Correct Answer VivekanandaYour Answer Vivekananda

True/FalseQuestion Henry Fayol's contribution is classified into ten industrial and management principles.Correct Answer FalseYour Answer False

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Multiple Choice Single AnswerQuestion What is it that in communication should not be done in vacuum, instead other people should be consulted?Correct Answer PlanningYour Answer Planning

Multiple Choice Multiple AnswerQuestion Key ethical principles include the following:-Correct Answer Caring and compassion , Being fair and open minded , Fulfilling commitments Your Answer Caring and compassion , Being fair and open minded , Fulfilling commitments

Multiple Choice Multiple AnswerQuestion Name the factors determining decentralization of authority :-Correct Answer Size of the organization , Uniformity of policy , History of the enterprise Your Answer Size of the organization , Uniformity of policy , History of the enterprise

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 A practical method with a goal to purify mind and eliminate tensions is known as :-Correct Answer VipassanaYour Answer Vipassana

Match The FollowingQuestion Correct Answer Your Answer

Knowledge based decision-making. Instead of intuition Instead of intuition

Professional managers may have only salary-stake Question of accountability of Performance Question of accountability of Performance

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Management can be applied everywhere Management is universal Management is universal

Management is dynamic Changes as per time Changes as per time

Manager does not require any specific qualification Anybody can become a manager Anybody can become a manager

Multiple Choice Single AnswerQuestion Communication forms the link between every individual and between one group and the other groups. What are the main facts which flow through individuals at various levels?Correct Answer Concepts, opinionsYour Answer Concepts, co-ordination

True/FalseQuestion The theory of Bureaucracy was first propounded by Henry L.Gantt.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The characteristics of professional managers are :-Correct Answer Focus , Objectivity , Creativity Your Answer Focus , Control , Creativity

Select The BlankQuestion ________ provide all types of help required to make the business more efficient and profitable.Correct Answer ConsultantsYour Answer Consultants

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Multiple Answer

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Question Components of planning would include :-Correct Answer Objectives , Budgets , Procedures Your Answer Objectives , Budgets , Procedures

Select The BlankQuestion New companies feel that ________ is the most appropriate type of alliance.Correct Answer Joint-ventureYour Answer Joint-venture

Select The BlankQuestion Services need efficient ________, transport roads and power just as much as industry and agriculture.Correct Answer TelecomYour Answer Manpower

Multiple Choice Multiple AnswerQuestion Some of the famous philosophies given by our legends to smoother the pressures of managers are :-Correct Answer Vipassana , Meditation , Yoga Your Answer Vipassana , Meditation , Yoga

Select The BlankQuestion The scope for retailing in India is great as it is dominated by the ________.Correct Answer Unorganized sectorYour Answer Unorganized sector

Select The BlankQuestion Planning depends on authenticity and ________ of information.Correct Answer ReliabilityYour Answer Reliability

Match The FollowingQuestion Correct Answer Your Answer

Management is the combination of what ? Arts, Science and Profession Arts, Science and Profession

What is Koontz & O’Donell’s definition of management ? Management is the

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creation and maintenance of internal environment in an organization Management is the creation and maintenance of internal environment in an organization

What is Peter Drucker’s definition of management? Management is a multi-purpose Organ that manages a business Management is a multi-purpose Organ that manages a business

One of the features of management is Management is purposeful and Goal-oriented Management is purposeful and Goal-oriented

Management is influenced by which external Environmental factors By political, legal, social, cultural factors By political, legal, social, cultural factors

True/FalseQuestion Policy is supposed to be immutable, unchanging and eternal.Correct Answer TrueYour Answer False

True/FalseQuestion Motivation of subordinates to meet the expectations of the manager is a feature of direction.Correct Answer FalseYour Answer False

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 that task and report back.Correct Answer LowYour Answer Low

Multiple Choice Single AnswerQuestion What type of industry is consulting?Correct Answer KnowledgeYour Answer Service

Select The BlankQuestion The concept of corporate governance has been attracting ________

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in India.Correct Answer Public attentionYour Answer Public attention

Select The BlankQuestion The ________ appeared in the book, In search of Excellence.Correct Answer 7 S modelYour Answer 7 S model

Multiple Choice Single AnswerQuestion Planning on what is said as good as no planningCorrect Answer PaperYour Answer Paper

Multiple Choice Single AnswerQuestion Which among the following is a component of planning?Correct Answer RulesYour Answer Discussions

Multiple Choice Single AnswerQuestion What is the meaning of no physical transferability of services?Correct Answer IntangibilityYour Answer Intangibility

True/FalseQuestion Management consultants do not assist implementation.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The lack of communication leads to :-Correct Answer Information gap , Disintegration , Deviation from performance Your Answer Information gap , Disintegration , Deviation from performance

Multiple Choice Single AnswerQuestion Which is the most appropriate type of alliance which the new companies often overestimate?Correct Answer Joint-venture

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Your Answer Joint-venture

Multiple Choice Multiple AnswerQuestion The different kinds of relationships for selecting the span of control would be :-Correct Answer One to one , Cross relationship , Direct group Your Answer One to one , Cross relationship , Direct group

Multiple Choice Single AnswerQuestion Which famous management consultancy first adopted the 7 S model?Correct Answer McKinsey & Co.Your Answer McKinsey & Co.

True/FalseQuestion Planning can eliminate risk, but can not minimize it.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Communication is a two way process, it starts with :-Correct Answer CommunicatorYour Answer Communicator

Select The BlankQuestion Under the types of motivators, non-financial motivators are encouragement, freedom ________.Correct Answer RecognitionYour Answer Recognition

True/FalseQuestion Financial institutions should maintain a close relationship to seek a seat on the board.Correct Answer FalseYour Answer False

True/FalseQuestion Wrong medium of communication is a physical barrier.Correct Answer False

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Your Answer True

True/FalseQuestion Successful consultants must be foreign culture savvy.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Under mechanism of scientific management, scientific task setting includes :-Correct Answer Time study , Motion study , Method study Your Answer Time study , Motion study , Method study

Multiple Choice Single AnswerQuestion One of the internal environment factors that influences management isCorrect Answer PlaceYour Answer Place

Select The BlankQuestion The purpose of life is to raise from ________ to rajasCorrect Answer TamasYour Answer Tamas

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

Multiple Choice Single AnswerQuestion What does an SBU do to unrelated products and businesses?Correct Answer It dissolves themYour Answer It separates them

Multiple Choice Single AnswerQuestion Profession requires definite period of what?Correct Answer LearningYour Answer Learning

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Multiple Choice Multiple AnswerQuestion Features of Management are as followsCorrect Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

Multiple Choice Multiple AnswerQuestion Management is multidisciplinary, it includes knowledge/ information fromCorrect Answer economics , maths , psychologyYour Answer economics , maths , psychology

Multiple Choice Multiple AnswerQuestion The features of art is as followsCorrect Answer skill , knowledge , creativityYour Answer skill , knowledge , creativity

Match The FollowingQuestion Correct Answer Your AnswerArt Skill SkillCode of Conduct Profession ProfessionPredictive Power Science ScienceManagement Creative CreativeProfessional Manager Dynamic Dynamic

Match The FollowingQuestion Correct Answer Your AnswerSocial Science Management ClimaticGlobal Climatic KnowledgeManagement is Way of life DirectingOrganizing Directing Way of lifeScience Knowledge Management

Multiple Choice Single AnswerQuestion Who built the first practical mechanical calculator and predicted the specialization of mental work; suggested profit sharing?Correct Answer Charles BabbageYour Answer Charles Babbage

Multiple Choice Single AnswerQuestion Who is called “the Father of Modern Management Theory”?Correct Answer Henry FayolYour Answer Henry Fayol

Multiple Choice Multiple AnswerQuestion Fedrick Winslow Taylor’s Philosophy of Scientific Management are

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Correct Answer cooperation , maximum outputYour Answer cooperation , individualism , maximum output

True/FalseQuestion There are four hard ‘ S’s in the 7 S Model.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion Limitations of planning will beCorrect Answer depends on internal variables , depends on reliability of informationYour Answer depends on internal variables , eliminates risk , depends on reliability of information

True/FalseQuestion Danger of inflexibility is another weakness of MBO.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Characteristic of formal organizationCorrect Answer arbitrary structure , determined objectives and policies , well defined rules and regulationsYour Answer arbitrary structure , determined objectives and policies , well defined rules and regulations

Multiple Choice Multiple AnswerQuestion Characteristics of informal organizationCorrect Answer spontaneous development , informal authorityYour Answer spontaneous development , informal authority

True/FalseQuestion Delegation and decentralization are closely relatedCorrect Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion What constitutes the life-spark of an enterprise?Correct Answer DirectingYour Answer Directing

Multiple Choice Multiple AnswerQuestion The new techniques of control which has emerged areCorrect Answer management audit , Critical path method , Programme evaluation and review technique

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Your Answer management audit , Critical path method , Programme evaluation and review technique

Multiple Choice Multiple AnswerQuestion Some of the external factors that limit control areCorrect Answer govt. policies , market changes , economic changesYour Answer govt. policies , market changes , economic changes

True/FalseQuestion Direction includes issuing orders.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Different types of coordination areCorrect Answer internal coordination , external coordination , vertical coordinationYour Answer internal coordination , external coordination , vertical coordination

Multiple Choice Multiple AnswerQuestion External coordination will beCorrect Answer coordination with customers , coordination with government , coordination with suppliersYour Answer coordination with customers , coordination with government , coordination with suppliers

True/FalseQuestion Without co-ordination individuals and organizations would begin perusal of their own specialized interests.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The various tools employed by the companies to improve and sustain employee moraleCorrect Answer building responsibility , rotation of jobs , job enrichmentYour Answer building responsibility , rotation of jobs , job enrichment

Multiple Choice Single AnswerQuestion What hampers organizational communication?Correct Answer BarriersYour Answer Barriers

True/FalseQuestion Using the right medium is a barrier to communication.

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Correct Answer FalseYour Answer False

True/FalseQuestion Lack of communication leads to loss of trust and confidence.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Which among the following is a event management company?Correct Answer Planet EYour Answer Planet E

Multiple Choice Single AnswerQuestion Which segment of event management has the potential to gross largest in India?Correct Answer Live EntertainmentYour Answer Live Entertainment

Multiple Choice Multiple AnswerQuestion Some of the leading companies in the event management sector areCorrect Answer Balaji Alliance Ltd. , Cine Yug , Midas EventsYour Answer Balaji Alliance Ltd. , Cine Yug , Midas Events

Multiple Choice Single AnswerQuestion How many channels are there through which corporate governance may bear on performance?Correct Answer FiveYour Answer Five

Multiple Choice Multiple AnswerQuestion The functions of the board of directors areCorrect Answer succession planning , establishing performance standards , determination of board policiesYour Answer succession planning , establishing performance standards , determination of board policies

Multiple Choice Single AnswerQuestion Which Indian Pharma Company has recently started an SBU?Correct Answer RanbaxyYour Answer Ranbaxy

Multiple Choice Single AnswerQuestion What is lacking in Indian business companies management?Correct Answer Professionalism

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Your Answer Professionalism

Multiple Choice Single AnswerQuestion What type of planning Indian business families are doing?Correct Answer SuccessionYour Answer Succession

Select The BlankQuestion It’s a ________ degree of delegation in which a ________ states a task to subordinate.Correct Answer moderateYour Answer moderateCorrect Answer superiorYour Answer superior

Select The BlankQuestion A ________ should always be clear about what is to be ________ to subordinates.Correct Answer superiorYour Answer superiorCorrect Answer delegatedYour Answer delegated

Select The BlankQuestion ________ can be viewed as an extension of ________.Correct Answer DecentralizationYour Answer DecentralizationCorrect Answer delegationYour Answer delegation

Select The BlankQuestion For an organization to function effectively certain ________ and objectives must be ________ set.Correct Answer goalsYour Answer goalsCorrect Answer clearlyYour Answer clearly

Select The BlankQuestion ________ is but a follow –up to the other functions of ________.Correct Answer ControlYour Answer ControlCorrect Answer managementYour Answer management

Select The Blank

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Question Organizational morale is basically a ________ condition of groups and ________.Correct Answer mentalYour Answer mentalCorrect Answer individualsYour Answer individuals

Select The BlankQuestion Actuary ________ and deciding of a specific ________ is the biggest problem.Correct Answer scienceYour Answer scienceCorrect Answer premiumYour Answer premium

Select The BlankQuestion ________ is concerned with what is Good and right for ________.Correct Answer EthicsYour Answer EthicsCorrect Answer societyYour Answer society

Select The BlankQuestion ________ has difficulty in maintaining a ________ corporate imageCorrect Answer SBUYour Answer SBUCorrect Answer UniformYour Answer Uniform

True/FalseQuestion Standard Batteries is a flagship company of the Thapar group.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge and what else?Correct Answer UncertaintyYour Answer Uncertainty

Multiple Choice Multiple AnswerQuestion What are some of the challenges faced by retail sector?Correct Answer Looking beyond price , The people factor , The technological edgeYour Answer Looking beyond price , The people factor , The technological edge

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Multiple Choice Single AnswerQuestion Services cannot be stalked and delivered on the spot. This means services are:Correct Answer Non InventoriableYour Answer Non Inventoriable

Multiple Choice Single AnswerQuestion One of the external environment factors that influences Management isCorrect Answer LegalYour Answer Legal

Multiple Choice Single AnswerQuestion In addition to Place, Labor and Money which other internal environmentFactor influences Management?Correct Answer MachinesYour Answer Machines

Multiple Choice Multiple AnswerQuestion Name the physical aspects of an enterprise.Correct Answer Name , Location , AddressYour Answer Name , Manpower , Address

Multiple Choice Single AnswerQuestion What is it that in communication should not be done in vacuum, instead otherpeople should be consulted.Correct Answer planningYour Answer planning

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Multiple Choice Multiple AnswerQuestion Certain important motivational techniques areCorrect Answer Monetary incentives , Job-based techniques , MBO techniquesYour Answer Security technique , Monetary incentives , MBO techniques

Multiple Choice Multiple AnswerQuestion The concept of SBU includesCorrect Answer unrelated products and businesses that are separated , the fact that eachSBU has its own CEO , a scientific method of grouping the businessYour Answer unrelated products and businesses that are separated , the fact that eachSBU has its own CEO , a scientific method of grouping the business

True/FalseQuestion Decision-making is a primary part of the managerial process.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Of which type of knowledge is science a body of?Correct Answer OrganizedYour Answer Assimilated

Multiple Choice Multiple AnswerQuestion Types of degree of delegations are:Correct Answer Low degree , Moderate degree , High degreeYour Answer Low degree , Moderate degree , High degree

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True/FalseQuestion The unorganized sector is mainly concentrated in metropolitan cities.Correct Answer FalseYour Answer False

True/FalseQuestion Learning organizations should imitate a task force.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Learning organizations must cope with challenge andCorrect Answer uncertaintyYour Answer uncertainty

Select The BlankQuestion LPG stands for liberalization, ________ and globalization.Correct Answer PrivatizationYour Answer Privatization

Match The FollowingQuestionCorrect AnswerYour Answer

EmpathyIt is a component of leadership due to the rapid pace of globalisationIt is a component of leadership due to the rapid pace of globalisation

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Social effectivenessThis component allows you to settle disputes amicablyThis component allows you to settle disputes amicably

Alfred BennetHe is the father of intelligence quotientHe is the father of intelligence quotient

Daniel GolemanHe is an American Behavioural ScientistHe is an American Behavioural Scientist

Multiple Choice Multiple AnswerQuestion Every company undertakes the process of forecasting by various competentauthorities which can be listed asCorrect Answer CII , RBI , CMIEYour Answer CII , RBI , CMIE

Multiple Choice Single AnswerQuestion Management is not just aCorrect Answer ProcessYour Answer Process

Select The BlankQuestion The concept of value and the concept of maximization of value are relatedto________concept of Ethics.Correct Answer ConsequentialismYour Answer Consequentialism

Select The BlankQuestion Events are occurrences designed for ________ interests.

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Correct Answer marketingYour Answer marketing

Multiple Choice Single AnswerQuestion Management is purposeful and what?Correct Answer Goal orientedYour Answer Goal oriented

Multiple Choice Single AnswerQuestion Management is the combination of Arts, Science andCorrect Answer ProfessionYour Answer Profession

Multiple Choice Single AnswerQuestion Management isCorrect Answer MultidisciplinaryYour Answer Multidisciplinary

Select The BlankQuestion General Insurance corporation was nationalized in________.Correct Answer 1972Your Answer 1972

True/FalseQuestion Planning and control are closely interrelated and they do not determine theaccuracy of decision-making.

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Correct Answer FalseYour Answer False

True/FalseQuestion There are three central ideas associated with consequentialism.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Name one of the factors that govern the span of management.Correct Answer Type of workYour Answer Type of work

Multiple Choice Multiple AnswerQuestion Retailing categories based on ownership arrangement would beCorrect Answer Super Markets , Consumer Durables Stores , Departmental StoresYour Answer Super Markets , Consumer Durables Stores , Departmental Stores

Multiple Choice Single AnswerQuestion Science is a body of which type of Knowledge?Correct Answer OrganizedYour Answer Assimilated

True/FalseQuestion Peter Drucker various publications have sold about 5 -6 million copiesworldwide.

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Correct Answer TrueYour Answer True

Select The BlankQuestion Latest approach signifies organization has a part of ________ system.Correct Answer SocialYour Answer Social

Select The BlankQuestion Necessity of control in business organisation arises due to number offactors, one of which is ________ of organisations themselves.Correct Answer complexityYour Answer complexity

Multiple Choice Single AnswerQuestion Which of the options best describes the employment capacity of the retailingsector? It is theCorrect Answer second largest employer after agricultureYour Answer second largest employer after agricultureSelect The BlankQuestion ________organizations have systems, mechanisms and processes in place.Correct Answer LearningYour Answer Learning

True/FalseQuestion Indian business families are still avoiding joint ventures and tie-ups.Correct Answer

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FalseYour Answer False

Select The BlankQuestion Under the principles of effective delegation, it is said that never delegateand ________.Correct Answer DisappearYour Answer Disappear

True/FalseQuestion In principle the chairman and the CGO have the same role to play.Correct Answer FalseYour Answer True

True/FalseQuestion Valency is the extent to which the outcome of the activity and its successmatters to the individual . (Level of motivation = Valency x Expectancy)Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Advantages of delegation of authority would be:Correct Answer Prompt decision making , Opportunity to subordinates to grow and develop ,Satisfaction to subordinates in terms of recognitionYour Answer Prompt decision making , Opportunity to subordinates to grow and develop ,Satisfaction to subordinates in terms of recognition

Multiple Choice Single Answer

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Question A business unit must meet specific criteria, if it wants to be called anSBU. These areCorrect Answer Definable group of competitorsYour Answer Definable group of competitors

Multiple Choice Single AnswerQuestion What does Maslow propound about the five needs ?Correct Answer HierarchyYour Answer Hierarchy

Multiple Choice Single AnswerQuestion Name the technique which is said to be a ploy or a future course of action.Correct Answer StrategyYour Answer Strategy

Select The BlankQuestion ________ is the ability to sense, understand and effectively apply emotion.Correct Answer Emotional IntelligenceYour Answer Emotional Quotient

Multiple Choice Single AnswerQuestion Who built the first practical mechanical calculator and predicted thespecialization of mental work?Correct Answer Charles BabbageYour Answer Charles Babbage

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Match The FollowingQuestionCorrect AnswerYour Answer

Management and Leadership studiesValue based managementSwami Budhananda

Maharshi Institute of ManagementEighteen centres in India and AbroadEighteen centres in India and Abroad

Amritanandamayi Math's centreDr. S.K. ChakrabortyValue based management

Indian Vedanta PhilosophySwami BudhanandaDr. S.K. Chakraborty

Multiple Choice Multiple AnswerQuestion Some of the public insurance companies areCorrect Answer LIC , Oriental Insurance , General InsuranceYour Answer LIC , Oriental Insurance , General Insurance

True/FalseQuestion Focus on savings and high bargaining interests of the consumer is anobstacle in retail development in India.Correct Answer TrueYour Answer True

Select The BlankQuestion Brands are associated with lifestyles and people's________.

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Correct Answer aspirationsYour Answer aspirations

Multiple Choice Single AnswerQuestion Management isCorrect Answer CreativeYour Answer Creative

Multiple Choice Multiple Answer  Question  The external environmental factors that influence management are  Correct Answer  Economic , Political , Technological   Your Answer  Economic , Political , Technological

  True/False  Question  Event management has to pay only entertainment tax not the service tax.  Correct Answer  False  Your Answer  False

  Multiple Choice Single Answer  Question  Name the service which has two prime necessities like co-ordination andinfiltration.  Correct Answer  Staff  Your Answer  Staff

  Select The Blank  Question  

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________ decisions relate to the day to day operations of the enterprisegenerally taken by middle and lower level management.  Correct Answer  Operative  Your Answer  Organisational

  Multiple Choice Single Answer  Question  Successful consultants should promote their consultancy through what ?  Correct Answer  Network  Your Answer  Network

  True/False  Question  Decision-Making is a process of making a choice of poor alternatives.  Correct Answer  False  Your Answer  False

  Select The Blank  Question  MBO was invented by ________.  Correct Answer  Peter Drucker  Your Answer  Peter Drucker

  Multiple Choice Single Answer  Question  Profession requires definite period of what?  Correct Answer  Learning  Your Answer  Practice

  Multiple Choice Multiple Answer  Question  

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Barriers to delegation of authority would be :  Correct Answer  Lack of trust in subordinates , Fear of loosing status by managers ,Over-confidence among managers   Your Answer  Lack of trust in subordinates , Prompt decision making , Over-confidenceamong managers

  Multiple Choice Single Answer  Question  Organization is apart of which type of system?  Correct Answer  Social  Your Answer  Scientific

  Multiple Choice Multiple Answer  Question  David C Mc Celland identified three motives those are  Correct Answer  Affiliation , Power , Achievement   Your Answer  Affiliation , Power , Achievement

  Multiple Choice Multiple Answer  Question  International consultancy is said to be  Correct Answer  Glamorous , Challenging , Trendy   Your Answer  Glamorous , Challenging , Reliant

  Select The Blank  Question  Failure to give ________ to goal setters is a weakness of MBO.  Correct Answer  guidelines  Your Answer  guidelines

  True/False

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  Question  Management is the combination of Arts,Science and Profession.  Correct Answer  True  Your Answer  True

  Select The Blank  Question  Under the types of motivators, non-financial motivators are encouragement,freedom ________.  Correct Answer  recognition  Your Answer  recognition

  Multiple Choice Single Answer  Question  Who said, the heart of administration is the directing function.  Correct Answer  Dimock  Your Answer  Dimock

  True/False  Question  Management is that important process which continues till the objectives setby the administrator are actually achieved.  Correct Answer  True  Your Answer  False

  True/False  Question  Communication is a composite (a) information given and received (b) alistening effort by some of them involved.  Correct Answer  False  Your Answer  True

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  Multiple Choice Multiple Answer  Question  A vision statement should have the following components  Correct Answer  ability to inspire people , achievable , precise and objective   Your Answer  ability to inspire people , achievable , precise and objective

  Multiple Choice Single Answer  Question  One of the key features of services is that they are  Correct Answer  intangible  Your Answer  non-perishable

  Select The Blank  Question  The process of control is complete only when the organisation take ________action.  Correct Answer  corrective  Your Answer  effective

  Multiple Choice Multiple Answer  Question  The factors coming under philosophy of scientific management are:  Correct Answer  Co-operation , Maximum output , Harmony   Your Answer  Co-operation , Maximum output , Harmony

  Multiple Choice Single Answer  Question  Who is the most effective person are alike in one crucial way, they all havea high degree of emotional intelligence.  Correct Answer  Entrepreneur  Your Answer  Entrepreneur

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  Multiple Choice Multiple Answer  Question  The activities of the communicator while communicating a message willinclude,  Correct Answer  ideation , encoding , transmission   Your Answer  encoding , response , transmission

  Multiple Choice Multiple Answer  Question  Features of Management are as follows  Correct Answer  goal oriented , universal , continuous process   Your Answer  goal oriented , universal , continuous process

  Multiple Choice Single Answer  Question  Professional managers help organizations in chalking out which type ofstrategies?  Correct Answer  Corporate  Your Answer  Corporate

  Select The Blank  Question  ________provides a corporate responsibility and it is the application of aproven and systematic body of knowledge.  Correct Answer  Profession  Your Answer  Management

  True/False  Question  Management as a discipline needs certificate of practice.  Correct Answer  False

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  Your Answer  False

  Multiple Choice Multiple Answer  Question  For most hi-tech service industries the major components are  Correct Answer  Infrastructure , Knowledge , labour   Your Answer  Infrastructure , Knowledge , Information technology

  Match The FollowingQuestionCorrect AnswerYour Answer

ManagementCreativeDynamic

Professional ManagerDynamicProfession

ArtSkillScience

Code of ConductProfessionCreative

Predictive PowerScienceSkill

  True/False  Question  Science is a body of organized knowledge  Correct Answer  True

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  Your Answer  True

  Select The Blank  Question  A superior should always establish a ________ control so that hissubordinates report to him periodically.  Correct Answer  Feedback  Your Answer  Appropriate

  Multiple Choice Single Answer  Question  It is said that communication is a meaningful  Correct Answer  interaction  Your Answer  interaction

  Multiple Choice Single Answer  Question  What does the insurance company compensate for if and when the event insuredagainst an incident occurs?  Correct Answer  Losses  Your Answer  Losses

  Multiple Choice Single Answer  Question  Management exists at which levels of the organization?  Correct Answer  All  Your Answer  All

  True/False  Question  The Indian consumer does not see shopping as an end in itself.

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  Correct Answer  False  Your Answer  True

  True/False  Question  Retailers cannot just take their global retailing formats and try totranspose them onto the India scenario.  Correct Answer  True  Your Answer  True

  Multiple Choice Single Answer  Question  One of the factors which learning organizations possess is a climate ofopenness and the other factor is  Correct Answer  trust  Your Answer  trust

  Multiple Choice Single Answer  Question  It is one of the good control system which not only points out thedeviations but also pinpoints them where they are important to itsoperations is  Correct Answer  Focus on strategic points  Your Answer  Focus on strategic points

  True/False  Question  Profession needs certificate of practice  Correct Answer  True  Your Answer  False

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  True/False  Question  'Span of control' is also referred to as span of management.  Correct Answer  True  Your Answer  True

  True/False  Question  Learning from mistakes is often more powerful than learning from success.  Correct Answer  True  Your Answer  True

  Multiple Choice Single Answer  Question  The philosophy of Vedanta is compared to which animal in the dream of theperson, who wakes the dreamer and makes you realise your self discoveredreality.  Correct Answer  Lion  Your Answer  Lion

  Select The Blank  Question  The statement "We sell for Less" is deliberately ambiguous, it raises thequestion; 'Less than what', this is called as, ________ to communication.  Correct Answer  Semantic barrier  Your Answer  Semantic barrier

  True/False  Question  The theory of Bureaucracy was first propounded by Henry L.Gantt.  Correct Answer  False

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  Your Answer  True

  Match The FollowingQuestionCorrect AnswerYour Answer

Making sense of situationsorganizing information and thoughtsorganizing information and thoughts

Creativitybrainstorming, associating ideasembedding new knowledge into mental models

Inquiryinterviewing, seeking informationinterviewing, seeking information

Making choicesdeciding courses of actionsdeciding courses of actions

  Select The Blank  Question  Learning from mistakes is often more powerful than learning from________.  Correct Answer  Success  Your Answer  Success

True/False  Question  Management is always defined as dynamic,

universal, ever-changing subject.  Correct Answer  

True

  Your Answer  

True

 

 True/False  Question  A budget as a plan of statement of

expected results is expressed in numerical terms.

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  Correct Answer  

True

  Your Answer  

False

 

 Multiple Choice Multiple Answer  Question  Name the leading event management

companies in India  Correct Answer  

Midas , Pinnacle , Wizcraft

  Your Answer  

Midas , Pinnacle , Wizcraft

 

 Multiple Choice Single Answer  Question  Who said, “Management is management of

Men, Money, Machinery Materials and Information?”

  Correct Answer  

Anonymous

  Your Answer  

Anonymous

 

 Multiple Choice Multiple Answer  Question  A procedure has the following advantages

  Correct Answer  

ensures uniformity of action , increases co-ordination , provides good standard for the manage

  Your Answer  

ensures uniformity of action , increases co-ordination , provides good standard for the manage  

 Multiple Choice Single Answer  Question  What is it that can be described as a

readiness to co-operate warmly in the task and purposes of a given group organisation.

  Correct Answer  

Morale

  Your Answer  

Co-ordination

 

 

 

 

Page 180: SCDL Papers - Principle and Practices of Management

 Match The FollowingQuestion

Correct Answer

Your Answer

Disclosures

transparent

transparent

Shareholder democracy

myth in India

myth in India

Planning board of directors

invest time and efforts

Trust corporate governance

function of board

 

 Select The Blank  Question  The retailing sector in India has been

quite________.  Correct Answer  

staid and boring

  Your Answer  

staid and boring

 

 Multiple Choice Single Answer  Question  India has been experiencing the unique

stranglehold of our_____  Correct Answer  

traditional kirana stores

  Your Answer  

traditional kirana stores

 

 Multiple Choice Single Answer  Question  Emotional Quotient increases with age

commonly known as  Correct Answer  

maturity

  Your Answer  

maturity

 

 Select The Blank  Question  The service sector has expanded because

of the virtual stagnation of the________sector.

  Correct Answer  

agricultural

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  Your Answer  

agricultural

 

 Multiple Choice Single Answer  Question  Span of management depends upon the

ability of whom?  Correct Answer  

Employees

  Your Answer  

Enterprise

 

 Multiple Choice Single Answer  Question  What would essentially shape the growth

and future of any economy?  Correct Answer  

Adequate and quality corporate governance

  Your Answer  

Adequate and quality corporate governance

 

 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  Question  ________ means draw prior conclusions

about the probables of production, sales, profits in the future, on the basis of research.

  Correct Answer  

Forecasting

  Your Answer  

Forecasting

 

 Select The Blank  Question  Limitations of business planning is that it

has been considered as time consuming and ________ device.

  Correct Answer  

expensive

  Your Answer  

risk

Page 182: SCDL Papers - Principle and Practices of Management

 

 Multiple Choice Multiple Answer  Question  The family owned businesses like Tata and

Birla, also face major fears like  Correct Answer  

Right successor , Stumbling self-confidence , Lack of professional management

  Your Answer  

Right successor , Stumbling self-confidence , Lack of professional management  

 Multiple Choice Single Answer  Question  Who said, “Management is the creation and

maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr

  Correct Answer  

Koontz & O ‘Donell

  Your Answer  

Koontz & O ‘Donell

 

 Select The Blank  Question  Management as a discipline does not

require any________of practice.  Correct Answer  

certificate

  Your Answer  

certificate

 

 Select The Blank  Question  ________is at the core of corporate

governance.  Correct Answer  

trust

  Your Answer  

trust

 

 True/False  Question  Financial institutions should maintain a

close relationship to seek a seat on the board.

  Correct Answer  

False

  Your Answer  

False

 

Page 183: SCDL Papers - Principle and Practices of Management

 True/False  Question  Wrong medium of communication is a

physical barrier.  Correct Answer  

False

  Your Answer  

False

 

 Multiple Choice Single Answer  Question  One of the internal environment factors that

influences management is  Correct Answer  

Place

  Your Answer  

Place

 

 Multiple Choice Multiple Answer  Question  Services are defined as the art and science

of managing  Correct Answer  

the expectations of others , the experiences of people , the demands of the customer

  Your Answer  

the expectations of others , the experiences of people  

 Multiple Choice Multiple Answer  Question  Name the three important Generic

Competitive Strategies.  Correct Answer  

Overall cost leadership , Differential , Focus

  Your Answer  

Differential , Focus , Strategy

 

  True/False  Question  Delegation and decentralization are closely

related to each other.  Correct Answer  

True

  Your Answer  

True

 

 Multiple Choice Single Answer  Question  It is said "Controlling can not take place in a

vacuum", which means there can be no controlling without previous

  Correct planning

Page 184: SCDL Papers - Principle and Practices of Management

Answer    Your Answer  

direction

 

 True/False  Question  Morale is the sum total of various physical

qualities.  Correct Answer  

False

  Your Answer  

False

 

 Select The Blank  Question  Direction is a ________ function performed

by all the managers at all levels of the organisation.

  Correct Answer  

managerial

  Your Answer  

managerial

 

 Multiple Choice Multiple Answer  Question  Principles of effective delegation are:

  Correct Answer  

Train the subordinates , Reward delegation , Appropriate reporting system

  Your Answer  

Train the subordinates , Appropriate reporting system  

 Select The Blank  Question  ________, weakness, threats, opportunities

are the long form SWOT analysis.  Correct Answer  

strength

  Your Answer  

Strength

 

 

 

 

 

Page 185: SCDL Papers - Principle and Practices of Management

 

  Multiple Choice Multiple Answer  Question  To be called an SBU, a business unit must

meet specific criteria such as  Correct Answer  

having a definable group of competitors , having a mission similar to other SBUs , preparing its own integrated plans

  Your Answer  

having a definable group of competitors , having its own mission and goals , preparing its own integrated plans  

 Multiple Choice Multiple Answer  Question  The family owned businesses like Tata and

Birla, also face major fears like  Correct Answer  

Right successor , Stumbling self confidence , Lack of professional management

  Your Answer  

Right successor , Stumbling self confidence , Lack of professional management , Simplicity in restructuring  

 Match The FollowingQuestion

Correct Answer

Your Answer

Appley L Management is management of people and not the direction of things

Management is management of people and not the direction of things

Definition of Management

Management is management of men, money, machinery, materials and information

Management is management of men, money, machinery, materials and information

Koontz and

Management is

Management is

Page 186: SCDL Papers - Principle and Practices of Management

O'Donell the creation and maintenance of internal environment in an enterprise

the creation and maintenance of internal environment in an enterprise

Peter Drucker

Management is a multi-purpose organ that manages a business, manages workers and work

Management is a multi-purpose organ that manages a business, manages workers and work

 

 Select The Blank  Question  ________ are at a minimum where the

morale is high.  Correct Answer  

Grievances

  Your Answer  

Grievances

 

 True/False  Question  the heart of administration is the directing

function.  Correct Answer  

True

  Your Answer  

True

 

  Multiple Choice Multiple Answer  Question  Empathy is particularly important today as a

component of leadership for the following  Correct Answer  

rapid pace of globalisation , increasing use of teams , growing need to retain talent

Page 187: SCDL Papers - Principle and Practices of Management

  Your Answer  

rapid pace of globalisation , increasing use of teams , growing need to retain talent  

 Multiple Choice Multiple Answer  Question  Name the flagship companies under the

group of "Aditya Birla"  Correct Answer  

Hindalco , Indo-Gulf Fertilizers , Birla Corporation

  Your Answer  

Hindalco

 

 Multiple Choice Multiple Answer  Question  Fredrick Winslow Taylor's Mechanism of

scientific management includes,  Correct Answer  

Scientific task setting , Planning task setting , Standardization of tools

  Your Answer  

Scientific task setting , Planning task setting , Standardization of tools  

 Multiple Choice Multiple Answer  Question  Future of Insurance sector would be

  Correct Answer  

new players taking over the market , improved customer service , strong hold of nationalized players

  Your Answer  

new players taking over the market , improved customer service , strong hold of nationalized players  

 Multiple Choice Single Answer  Question  To which practice is the term "corporate

governance" given?  Correct Answer  

Management

  Your Answer  

Management

 

 Multiple Choice Single Answer  Question  A senior family member and trusted

professional manager acts as what to the business families scions trained abroad and then return to take over the business.

  Correct Answer  

mentor

  Your Answer  

mentor

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  Select The Blank  Question  Govt. services comprise________, defence

and social goods.  Correct Answer  

public administration

  Your Answer  

service sector

 

 True/False  Question  Unity of command means that employees

should receive orders from one superior only.

  Correct Answer  

True

  Your Answer  

True

 

 True/False  Question  Posture' and Observance' are not included

under the 'yogic' exercises  Correct Answer  

False

  Your Answer  

False

 

 Select The Blank  Question  Management is a creative

and________process.  Correct Answer  

continuous

  Your Answer  

continuous

 

 True/False  Question  Every manager in an organisation gives

direction to his subordinates as a superior and receives direction as subordinate from

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his superior.  Correct Answer  

True

  Your Answer  

True