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 ? 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 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-confidence among 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 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 set by the administrator are actually achieved. Correct Answer True Your Answer False True/False Question Communication is a composite (a) information given and received (b) a listening effort by some of them involved. Correct Answer False Your Answer True 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 have a high degree of emotional intelligence. Correct Answer Entrepreneur Your Answer Entrepreneur Multiple Choice Multiple Answer Question The activities of the communicator while communicating a message will include, 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 of strategies? Correct Answer Corporate Your Answer Corporate Select The Blank Question ________provides a corporate responsibility and it is the application of a proven 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 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 Following Question Correct Answer Your Answer Management Creative Dynamic Professional Manager Dynamic Profession Art Skill Science Code of Conduct Profession Creative Predictive Power Science Skill True/False Question Science is a body of organized knowledge Correct Answer True Your Answer True Select The Blank Question A superior should always establish a ________ control so that his subordinates 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 insured against 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. Correct Answer False Your Answer True True/False Question Retailers cannot just take their global retailing formats and try to transpose 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 of openness 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 the deviations but also pinpoints them where they are important to its operations 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 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 the person, who wakes the dreamer and makes you realise your self discovered reality. Correct Answer Lion Your Answer Lion Select The Blank Question 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 barrier Your Answer Semantic barrier True/False Question The theory of Bureaucracy was first propounded by Henry L.Gantt. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Making sense of situations organizing information and thoughts organizing information and thoughts Creativity brainstorming, associating ideas

embedding new knowledge into mental models Inquiry interviewing, seeking information interviewing, seeking information Making choices deciding courses of actions deciding courses of actions Select The Blank Question Learning from mistakes is often more powerful than learning from________. Correct Answer Success Your Answer Success at 6:31 AM 0 comments Links to this post Labels: Principles and Practices of Management Principles and Practices of Management - 2 Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal

Multiple Choice Single Answer Question In addition to Place, Labor and Money which other internal environment Factor influences Management? Correct Answer Machines Your Answer Machines Multiple Choice Multiple Answer Question Name the physical aspects of an enterprise. Correct Answer Name , Location , Address Your Answer Name , Manpower , Address Multiple Choice Single Answer Question What is it that in communication should not be done in vacuum, instead other people should be consulted. Correct Answer planning Your Answer

planning Multiple Choice Multiple Answer Question Certain important motivational techniques are Correct Answer Monetary incentives , Job-based techniques , MBO techniques Your Answer Security technique , Monetary incentives , MBO techniques Multiple Choice Multiple Answer Question The concept of SBU includes Correct Answer unrelated products and businesses that are separated , the fact that each SBU has its own CEO , a scientific method of grouping the business Your 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/False Question Decision-making is a primary part of the managerial process. Correct Answer True Your Answer True

Multiple Choice Single Answer Question Of which type of knowledge is science a body of? Correct Answer Organized Your Answer Assimilated Multiple Choice Multiple Answer Question Types of degree of delegations are: Correct Answer Low degree , Moderate degree , High degree Your Answer Low degree , Moderate degree , High degree True/False Question The unorganized sector is mainly concentrated in metropolitan cities. Correct Answer False Your Answer False

True/False Question Learning organizations should imitate a task force. Correct Answer True Your Answer True Multiple Choice Single Answer Question Learning organizations must cope with challenge and Correct Answer uncertainty Your Answer uncertainty Select The Blank Question LPG stands for liberalization, ________ and globalization. Correct Answer Privatization Your Answer Privatization

Match The Following Question Correct Answer Your Answer Empathy It is a component of leadership due to the rapid pace of globalisation It is a component of leadership due to the rapid pace of globalisation Social effectiveness This component allows you to settle disputes amicably This component allows you to settle disputes amicably Alfred Bennet He is the father of intelligence quotient He is the father of intelligence quotient Daniel Goleman He is an American Behavioural Scientist He is an American Behavioural Scientist Multiple Choice Multiple Answer Question Every company undertakes the process of forecasting by various competent authorities which can be listed as Correct Answer CII , RBI , CMIE Your Answer CII , RBI , CMIE

Multiple Choice Single Answer Question Management is not just a Correct Answer Process Your Answer Process Select The Blank Question The concept of value and the concept of maximization of value are related to________concept of Ethics. Correct Answer Consequentialism Your Answer Consequentialism Select The Blank Question Events are occurrences designed for ________ interests. Correct Answer marketing Your Answer marketing Multiple Choice Single Answer Question Management is purposeful and what? Correct Answer Goal oriented Your Answer Goal oriented Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary Select The Blank Question General Insurance corporation was nationalized in________. Correct Answer 1972 Your Answer

1972 True/False Question Planning and control are closely interrelated and they do not determine the accuracy of decision-making. Correct Answer False Your Answer False True/False Question There are three central ideas associated with consequentialism. Correct Answer False Your Answer False Multiple Choice Single Answer Question Name one of the factors that govern the span of management. Correct Answer Type of work Your Answer Type of work

Multiple Choice Multiple Answer Question Retailing categories based on ownership arrangement would be Correct Answer Super Markets , Consumer Durables Stores , Departmental Stores Your Answer Super Markets , Consumer Durables Stores , Departmental Stores Multiple Choice Single Answer Question Science is a body of which type of Knowledge? Correct Answer Organized Your Answer Assimilated True/False Question Peter Drucker various publications have sold about 5 -6 million copies worldwide. Correct Answer True Your Answer True

Select The Blank Question Latest approach signifies organization has a part of ________ system. Correct Answer Social Your Answer Social Select The Blank Question Necessity of control in business organisation arises due to number of factors, one of which is ________ of organisations themselves. Correct Answer complexity Your Answer complexity Multiple Choice Single Answer Question Which of the options best describes the employment capacity of the retailing sector? It is the Correct Answer second largest employer after agriculture Your Answer second largest employer after agriculture Select The Blank Question ________organizations have systems, mechanisms and processes in place. Correct Answer Learning Your Answer Learning True/False Question Indian business families are still avoiding joint ventures and tie-ups. Correct Answer False Your Answer False Select The Blank Question Under the principles of effective delegation, it is said that never delegate and ________. Correct Answer Disappear Your Answer Disappear True/False Question In principle the chairman and the CGO have the same role to play. Correct Answer False Your Answer True

True/False Question 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 True Your Answer True Multiple Choice Multiple Answer Question 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 recognition Your Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognition Multiple Choice Single Answer Question A business unit must meet specific criteria, if it wants to be called an SBU. These are Correct Answer Definable group of competitors Your Answer Definable group of competitors

Multiple Choice Single Answer Question What does Maslow propound about the five needs ? Correct Answer Hierarchy Your Answer Hierarchy Multiple Choice Single Answer Question Name the technique which is said to be a ploy or a future course of action. Correct Answer Strategy Your Answer Strategy Select The Blank Question ________ is the ability to sense, understand and effectively apply emotion. Correct Answer Emotional Intelligence Your Answer Emotional Quotient

Multiple Choice Single Answer Question Who built the first practical mechanical calculator and predicted the specialization of mental work? Correct Answer Charles Babbage Your Answer Charles Babbage Match The Following Question Correct Answer Your Answer Management and Leadership studies Value based management Swami Budhananda Maharshi Institute of Management Eighteen centres in India and Abroad Eighteen centres in India and Abroad Amritanandamayi Math's centre Dr. S.K. Chakraborty Value based management Indian Vedanta Philosophy Swami Budhananda Dr. S.K. Chakraborty Multiple Choice Multiple Answer Question Some of the public insurance companies are Correct Answer LIC , Oriental Insurance , General Insurance Your Answer LIC , Oriental Insurance , General Insurance True/False Question Focus on savings and high bargaining interests of the consumer is an obstacle in retail development in India. Correct Answer True Your Answer True Select The Blank Question Brands are associated with lifestyles and people's________. Correct Answer aspirations Your Answer aspirations Multiple Choice Single Answer Question Management is Correct Answer Creative

Your Answer Creative at 6:30 AM 0 comments Links to this post Labels: Principles and Practices of Management Principles and Practices of Management - 1 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. 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

Match The Following Question 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 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 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 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 Answer planning 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

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 Following Question 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 O'Donell Management is the creation and maintenance of internal environment in an enterprise Management is 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 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

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 his superior. Correct Answer True Your Answer True

Multiple Choice Multiple Answer Question The following are the elements of control Correct Answer authority and knowledge , guidance and direction , constraint and restraint Your Answer authority and knowledge , guidance and direction , constraint and restraint , comparison and correctiveness Select The Blank Question A superior should always establish a ________ control so that his subordinates report to him periodically. Correct Answer Feedback Your Answer Feedback

Multiple Choice Single Answer Question Which type of strategies do professional managers help organizations in chalking out? Correct Answer corporate Your Answer multi-disciplinary True/False Question Deontological ethics believe that mature persons have inadequate capacity to reason. Correct Answer False Your Answer True True/False Question Management exists only at the top levels of the organization. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question 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 Answer Question What would be the percentage of equity participation under the rules governing foreign companies? Correct Answer 0.26 Your Answer 0.26 Select The Blank Question Frederic W.Taylor's middle name is ________. Correct Answer Winslow Your Answer Winslow 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 Multiple Choice Multiple Answer Question Limitation of control are Correct Answer external factors , fixing of responsibility , variation and its causes Your Answer external factors , internal factors , fixing of responsibility Multiple Choice Multiple Answer Question The various tools employed by the companies to improve and sustain employee morale Correct Answer building of responsibility , rotation of jobs , job enrichment Your Answer retention of authority , building of responsibility , rotation of jobs , job enrichment Multiple Choice Multiple Answer Question International consultancy is said to be Correct Answer Glamorous , Challenging , Trendy Your Answer Glamorous , Trendy , Reliant Select The Blank Question MBO was invented by ________. Correct Answer Peter Drucker Your Answer Peter Drucker Match The Following Question Correct Answer Your Answer Potential external opportunities Complacency among rival firms Complacency among rival firms BPR Business process reengineering Business process reengineering TQM Total quality management Total quality management Potential internal strengths A distinctive competence A distinctive competence 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 Multiple Choice Multiple Answer Question Some of the management functions mentioned by Henry Fayol are : Correct Answer Planning , Control , Co-ordination Your Answer Planning , Control , Co-ordination True/False Question The unorganized sector is mainly concentrated in metropolitan cities. Correct Answer False Your Answer False Multiple Choice Single Answer Question Some managements who are very much intimated by consulting firms, what are they likely to loose Correct Answer Confidence Your Answer Confidence Select The Blank Question ________ provide all types of help required to make the business more efficient and profitable. Correct Answer Consultants Your Answer Consultants True/False Question Demand forecast is one of the popular forecasts. Correct Answer True Your Answer True True/False Question Communication is a composite (a) information given and received (b) a listening effort by some of them involved. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question

Some tips for improving written communication would be Correct Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words Your Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words True/False Question The theory of Bureaucracy was first propounded by Henry L.Gantt. Correct Answer False Your Answer False Multiple Choice Single Answer Question In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority? Correct Answer lower-middle Your Answer lower-middle Multiple Choice Multiple Answer Question 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 Answer Question Management is said to be the combination of three factors, arts, science and the third is Correct Answer profession Your Answer profession Multiple Choice Multiple Answer Question Functional authority works only when, Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Your Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Multiple Choice Single Answer Question The fundamental objective of corporate governance is essentially Correct Answer enhancement of long term shareholder value Your Answer protecting the interest of other shareholders True/False

Question Policy is supposed to be immutable, unchanging and eternal. Correct Answer True Your Answer True 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 True/False Question Management is always defined as dynamic, universal, ever-changing subject. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question 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 Answer Question One of the popular forecast is Correct Answer Demand Your Answer Demand Match The Following Question Correct Answer Your Answer Kautilya Conception of administration and management Political, Social and Economic Management of state Swami Vivekananda Political, Social and Economic Management of state Divine power to face challenges Samartha Ramdas Setting goals and accomplishing it. Conception of administration and management King Akbar Creator of social progress and prosperity Setting goals and accomplishing it.

Select The Blank Question Costliness of the ________ is the overriding factor determining the extent of decentralization. Correct Answer Decision Your Answer Staffing Multiple Choice Single Answer Question What is essential for the management to get things done in the organization? Correct Answer Delegation Your Answer Delegation True/False Question Indian companies because of confused status have lacked self-confidence. Correct Answer True Your Answer True Select The Blank Question Charles Babbage built the first prototype of modern ________. Correct Answer Computers Your Answer Computers Select The Blank Question Consultants must conduct diagnosis to redefine ________. Correct Answer Problem Your Answer Problem True/False Question Lower level managers need EQ most. Correct Answer False Your Answer True Multiple Choice Single Answer Question Companies seeking to improve have taken a plethora of initiatives such as Correct Answer TQM Your Answer

TQM Multiple Choice Multiple Answer Question Some of the limitations of business planning are Correct Answer Time Consuming , Expensive device , Heavy cost of planning Your Answer Time Consuming , Expensive device , Heavy cost of planning Select The Blank Question Events are occurrences designed for ________ interests. Correct Answer marketing Your Answer marketing Select The Blank Question Positive motivation makes people willing to do their work in the best way they can and improve their ________. Correct Answer performance Your Answer productivity Multiple Choice Single Answer Question To which practice is the term "corporate governance" given? Correct Answer Management Your Answer Management Select The Blank Question Under the types of motivators, non-financial motivators are encouragement, freedom ________. Correct Answer recognition Your Answer recognition at 6:00 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set II) Thursday, June 5, 2008 Principles and Practices of Management - 5 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False Question Good motivation lead to low morale. High morale is the manifestation of a weak or defective motivating process. Correct Answer False Your Answer False True/False Question Management exists only at the top levels of the organization. Correct Answer False Your Answer False Select The Blank Question The ________ principle, which is the inherent process in organization through which authority, the antecedent cocoordinative principle, permeates the entire organized structure. Correct Answer Scalar Your Answer Scalar Multiple Choice Single Answer Question Learning organizations must cope with challenge and :Correct Answer Uncertainty Your Answer Uncertainty Multiple Choice Single Answer Question How many event management companies are there in Pune? Correct Answer 215 Your Answer 215 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 Human thoughts are classified as :Correct Answer Inactive , Active , Transactive Your Answer

Inactive , Active , Transactive Multiple Choice Single Answer Question Which of the options mentioned below would be categorized as a Franchisee store? Correct Answer Footwear stores Your Answer Footwear stores Multiple Choice Multiple Answer Question The process of forecasting is based on :Correct Answer Future trends , Current analysis , Past performance Your Answer Future trends , Current analysis , Production trends forecasts Multiple Choice Multiple Answer Question The characteristics of knowledge worker would be :Correct Answer Egoistic , Right conscious Your Answer Humble , Duty conscious , Right conscious Multiple Choice Multiple Answer Question Any morale improvement programme of management must embrace the following rules :Correct Answer Encourage initiative , Respect individual , Be fair and just Your Answer Respect individual , Be fair and just , Encourage initiative Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal Multiple Choice Single Answer Question Management is Correct Answer Creative Your Answer Creative Multiple Choice Single Answer Question Name the specialization where the economists consider necessary for efficiency in the use of labour :Correct Answer Division of work

Your Answer Division of work True/False Question Decreased productivity is a cost of low IQ. Correct Answer False Your Answer False Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary Multiple Choice Single Answer Question Name the department which plays a major role in developing a learning organization :Correct Answer MIS Your Answer HRM Select The Blank Question Objectives' is a wider term and ________ is part and parcel of it. Correct Answer Mission Your Answer Vision True/False Question The non-executive directors on the board of the company should be 50%. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question Name the flagship companies under the Business family "Munjals" :Correct Answer

Hero Honda , Hero Cycles Your Answer Hero Honda , Hero Cycles Match The Following Question 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 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 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 Multiple Choice Single Answer Question Who is the 'founder of Human Relation'? Correct Answer Elton Mayo Your Answer Elton Mayo Multiple Choice Single Answer Question What should be included in the new governance charter? Correct Answer Qualified and independent audit committee Your Answer Rewards for corporate governance Select The Blank Question Managers should be effective ________ so that they may influence the activities of subordinates without dissatisfying them. Correct Answer Leaders Your Answer Leaders

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 Select The Blank Question Charles Babbage built the first prototype of modern ________. Correct Answer Computers Your Answer Computers Multiple Choice Multiple Answer Question The term 'span of control' is also referred to as:Correct Answer Span of management , Span of supervision , Span of authority Your Answer Span of management , Span of supervision , Span of authority Select The Blank Question ________ is practiced like all other managerial functions at all levels of management. Correct Answer All level exercise Your Answer All level decision making Multiple Choice Multiple Answer 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 , Beaurocratic Your Answer Democratic , Autocratic , Beaurocratic Multiple Choice Single Answer Question Who is the father of Intelligence Quotient ? Correct Answer Alfred Bennet

Your Answer Alfred Bennet Match The Following Question Correct Answer Your Answer Management requires learning Art requires knowledge Art requires knowledge Science is developed Over a period of time Management is what management does Management as a discipline Has no centralized rule-making authority That manages a business Management is a multipurpose organ That manages a business Has no centralized rule-making authority Management is understood by performance Management is what management does Over a period of time True/False Question Parting with authority means parting with friendship. Correct Answer False Your Answer False True/False Question Indian companies because of confused status have lacked self-confidence. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Research indicates that the limbic system learns best through :Correct Answer Motivation , Extended practice , Feedback Your Answer Motivation , Feedback , Response Multiple Choice Single Answer Question According to Abraham Maslow, human needs can be classified into how many types? Correct Answer Five Your Answer Five

Multiple Choice Single Answer Question Which of the options best describes the employment capacity of the retailing sector? It is the :Correct Answer Second largest employer after agriculture Your Answer Largest employer of people in the country Multiple Choice Single Answer Question In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority? Correct Answer Lower-middle Your Answer Lower-middle Select The Blank Question ________ organizations have systems, mechanisms and processes in place. Correct Answer Learning Your Answer Modern 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 The Indian consumer was shying away from larger formal stores and supermarket chains because of low/lack of ________. Correct Answer Per capita income Your Answer Per capita income True/False Question Fear among managers is not a barrier to delegation of authority. Correct Answer False Your Answer False True/False Question Focus on savings and high bargaining interests of the consumer is an obstacle in retail development in India. Correct Answer True Your Answer

True Select The Blank Question Henry Fayol finds ________ and responsibility to be related, with the latter arising from the former. Correct Answer Authority Your Answer Authority Multiple Choice Multiple Answer Question The key management processes in the learning organizations would be :Correct Answer Competitor analysis , Performance measurement , Capability planning Your Answer Competitor analysis , Performance measurement , Capability planning at 4:27 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set II) Principles and Practices of Management - 4 LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer Anonymous True/False Question Emotional distress shrinks working memory. Correct Answer True Your Answer True Select The Blank Question A new sector has emerged in modern times, known as ________ management. Correct Answer Event Your Answer Event Multiple Choice Multiple Answer Question 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 stores Your Answer Apparel retailing stores , Pharmaceutical retailing stores , Books, Music and Lifestyle retailing stores Multiple Choice Single Answer Question Where is the attack on business families coming from? Correct Answer Transnational Your Answer Transnational Multiple Choice Multiple Answer Question What type of skills does management require? Correct Answer Conceptual , Human relations , Technical Your Answer Conceptual , Human relations , Technical Multiple Choice Single Answer Question Management is Correct Answer Creative Your Answer Creative Multiple Choice Multiple Answer Question Name the books on management written by Peter Drucker :Correct Answer Frontiers of Management , The practice of management , Management, tasks, responsibility Your Answer Drucker on Asia , Frontiers of Management , Management, tasks, responsibility True/False Question Actuary is one who specializes in the mathematics of insurance. Correct Answer True Your Answer False Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession True/False Question

"Measuring Intellectual Capital" is one of the examples of performance measurement. Correct Answer True Your Answer False Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal Select The Blank Question Individuals are encouraged to develop ________, to speak out, to challenge actions. Correct Answer Ideas Your Answer Goals Multiple Choice Single Answer Question What is the set-up of an organization? Correct Answer Relationships Your Answer Relationships Select The Blank Question 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 Togetherness Your Answer Togetherness True/False Question The essence of control is that it is aimed at results and not necessarily at people as such. Correct Answer True Your Answer True 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 demands of the customer , People and their resources

Multiple Choice Multiple Answer Question Virtuous acts include:Correct Answer Honesty , Integrity , Tolerance Your Answer Honesty , Tolerance , Leadership True/False Question International artists' performance in India is diminishing in recent times. Correct Answer False Your Answer False True/False Question The service sector has not corporatised itself. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which segment of event management has the potential to gross the largest in India? Correct Answer Live entertainment Your Answer Talent bank Multiple Choice Multiple Answer Question Few of the management principles given by Henry Fayol are:Correct Answer Authority and responsibility , Division of work , Discipline Your Answer Division of work , Discipline , Authority and responsibility Match The Following Question Correct Answer Your Answer Management requires learning Art requires knowledge Has no centralized rule-making authority Science is developed Over a period of time Art requires knowledge Management as a discipline Has no centralized rule-making authority That manages a business Management is a multipurpose organ That manages a business

Management is what management does Management is understood by performance Management is what management does Over a period of time Multiple Choice Single Answer Question To become a successful consultant, name the skill required :Correct Answer Negotiation Your Answer Experience Multiple Choice Multiple Answer Question Advantages of SBU's are :Correct Answer Quick response to environmental changes , Increased focus on products and market , Facilitating development of General Managers Your Answer Quick response to environmental changes , Increased focus on products and market , Facilitating development of General Managers Match The Following Question Correct Answer Your Answer Zurich Hero group Hero group ING Group Vyasa Bank Vyasa Bank STANDARD LIFE HDFC HDFC AMP Sanmar Sanmar True/False Question According to Swami Vivekananda people have intuition or sacred power to face difficult task. Correct Answer True Your Answer True 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 Multiple Answer Question In the various versus of Gita, there are many practical messages for which level of people in management? Correct Answer Leaders , Team leaders Your Answer Leaders Multiple Choice Multiple Answer Question The potential external threats faced by an organization are :Correct Answer Entry of low cost foreign players , Adverse demographic changes , Slower market growth Your Answer Entry of low cost foreign players , Adverse demographic changes , Faster market growth Multiple Choice Single Answer Question How many rules govern Indian and Foreign insurance companies? Correct Answer 12 Your Answer 12 Select The Blank Question Management as a discipline is the function of ________. Correct Answer Creativity Your Answer Creativity Multiple Choice Single Answer Question What require a high level of optimism and persistence despite rejection? Correct Answer Self-Motivation Your Answer Self-Motivation Select The Blank Question Henry Fayol was trained as a ________ engineer. Correct Answer Mining Your Answer Mining Select The Blank Question ________ is the result of human limitation to the span of management. Correct Answer Delegation Your Answer

Organization Select The Blank Question In management process, the most misinterpreted word is ________. Correct Answer Organizing Your Answer Planning Select The Blank Question To enhance emotional intelligence, ________ must refocus their training to include the limbic system. Correct Answer Organisations Your Answer Organisations True/False Question Taj Mahal are living symbols of 'creation and result of management practices'. Correct Answer True Your Answer False True/False Question The strategic factor in social integration is the development and selection of leaders. Correct Answer True Your Answer True 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 Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Place 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 ________ establishes, cause and effect relationship. Correct Answer Science Your Answer Science Select The Blank Question Business ________ is the calculation of probable events to provide against future. Correct Answer Forecasting Your Answer Controlling True/False Question The technique of control is associated with planning, as a part of scientific management. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question 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 Asia Your Answer The future of industrial man , The age of discontinuity , Drucker on Asia Multiple Choice Multiple Answer Question Name the various characteristics of science :Correct Answer Organized knowledge , Cause and effect relationship , Predictive power Your Answer Organized knowledge , Cause and effect relationship , Predictive power

Multiple Choice Multiple Answer Question The products that are grouped under SBU share a common Correct Answer underlying technology , market , skill Your Answer market , skill Multiple Choice Single Answer

Question What requires a high level of optimism and persistence despite rejection? Correct Answer Self Motivation Your Answer Self Motivation True/False Question Strong corporate governance is indispensable to resilient and vibrant capital markets. Correct Answer True Your Answer True Multiple Choice Single Answer Question The service may or may not be tied to which type of good? Correct Answer Physical Your Answer Intangible Select The Blank Question Organization is like an ________ influenced by ________-building process. Correct Answer individual Your Answer image Correct Answer image Your Answer Systemic Select The Blank Question 50.The last few years have shown a ________ of film ________ shows. Correct Answer opportunities Your Answer Recurrence Correct Answer celebrity Your Answer celebrity Multiple Choice Single Answer Question Where is the attack on business families coming from? Correct Answer Transnationals Your Answer Transnationals

True/False Question Product differentiation is not a barrier to entry. Correct Answer False Your Answer True Multiple Choice Single Answer Question Management is Correct Answer Creative Your Answer Creative Select The Blank Question There has been an increased ________ on ________. Correct Answer reliance Your Answer Emphasis Correct Answer consultants Your Answer reliance Multiple Choice Multiple Answer Question The different A s of the service sector are Correct Answer acceptability , awareness , availability Your Answer acceptability , awareness , availability True/False Question Management exists only at the top levels of the organization. Correct Answer False Your Answer False Select The Blank Question In the Needs- satisfaction chain, every ________ is a ________ Correct Answer step Your Answer step Correct Answer Motivator Your Answer Motivator

Multiple Choice Single Answer Question Organization is a set-up of what? Correct Answer Relationships Your Answer Relationships Match The Following Question Correct Answer Your Answer Problem Perception Bounded Rationality Weaknesses Benefits Weaknesses Bounded Rationality Takeover Turnaround Turnaround Budgets Strategies Rules Policies Rules Strategies Multiple Choice Multiple Answer Question Business families have adapted themselves to the new realities such as Correct Answer customer relationship management , reliable after sales service , new product launch Your Answer customer relationship management , reliable after sales service , new product launch Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Multiple Answer Question The Indian customers has been shying away from large stores and supermarket chains due to Correct Answer poverty and low literacy rates , expensive supply chains , low per capita income , low taxes Your Answer poverty and low literacy rates , low per capita income True/False Question

India never had its own management practice. Correct Answer False Your Answer False Multiple Choice Single Answer Question The need for co-ordination is created when managers do what to specialized activities? Correct Answer Divide Your Answer Distribute Select The Blank Question Self-motivation requires a ________ level of ________. Correct Answer High Your Answer High Correct Answer optimism Your Answer optimism Multiple Choice Multiple Answer Question The bureaucratic type of leadership is normally criticized for Correct Answer nepotism , delays Your Answer nepotism , autocratic Multiple Choice Multiple Answer Question The various problems faced by event management industries are Correct Answer entertainment tax rates , large no. of permissions required , service taxes Your Answer entertainment tax rates , large no. of permissions required , service taxes True/False Question Indian business families have focused more on their areas of core competence. Correct Answer False Your Answer False 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 Harold Konntz Select The Blank Question Henry P. Towne outlined the Importance of ________ as a ________ Correct Answer management Your Answer management Correct Answer science Your Answer science Multiple Choice Multiple Answer Question Components of planning would include Correct Answer objectives , budgets , procedures Your Answer objectives , procedures , people Multiple Choice Single Answer Question Management is not just a Correct Answer Process Your Answer Process Multiple Choice Single Answer Question 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 Culture Your Answer Corporate Culture True/False Question Direction is also done by top and middle level managers. Correct Answer True Your Answer True Multiple Choice Single Answer Question What does the insurance company compensate, when an event insured against occurs? Correct Answer Losses Your Answer Losses

Multiple Choice Single Answer Question Who is the Father of Competitive Strategy? Correct Answer Michael E. Porter Your Answer Peter F. Drucker True/False Question Greater co-ordination is not needed in sequential rather than pooled interdependence. Correct Answer False Your Answer False Select The Blank Question ________ is telling ________ what to do. Correct Answer Direction Your Answer Direction Correct Answer people Your Answer Subordinates Match The Following Question Correct Answer Your Answer The process of control is complete only 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 anticipated via information collected. though it lives in the present. Control gives the correct picture of the nature of corrective action to be taken. only when corrective action is taken. True/False Question Organisational morale is basically the individual mental condition. Correct Answer False Your Answer False

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 Select The Blank Question ________ is a systematic and knowledge of ________ and living. Correct Answer Vedanta Your Answer Vedanta Correct Answer Life Your Answer Life Multiple Choice Single Answer Question Who propounded theory X and theory Y? Correct Answer McGregor Your Answer Henry Fayol Multiple Choice Multiple Answer Question Service sector has expanded relentlessly in the past decade due to related events in the 1990 s Correct Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agriculture Your Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agriculture Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Location Select The Blank Question Actuary ________ and deciding of a specific ________ is the biggest problem. Correct Answer science Your Answer premium Correct Answer premium Your Answer

Compensation True/False Question If you want it done right, do it yourself, is a fallacy Correct Answer True Your Answer False Select The Blank Question Self-________ matters a lot to ________ Correct Answer regulation Your Answer regulation Correct Answer Leaders Your Answer Leaders Multiple Choice Multiple Answer Question Some of the major strategies adopted by business families for their survival and growth are Correct Answer appointment of professional mangers , joint ventures and tie-ups , technology up gradation Your Answer appointment of professional mangers , technology up gradation Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Skills Multiple Choice Single Answer Question For most hi-tech service industries, the two ingredients are: Correct Answer Only a and c Your Answer Only a and c at 6:27 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set III) Principles and Practices of Management - 8 Multiple Choice Single Answer Question Which of the following is a necessary by product of good managerial directing ?

Correct Answer Co-ordination Your Answer Monitoring Multiple Choice Multiple Answer Question Functional authority works only when, Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Your Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Multiple Choice Multiple Answer Question Unethical acts are results of the following factors: Correct Answer unawareness and insensitivity to issues , selfishness , faulty reasoning Your Answer unawareness and insensitivity to issues , selfishness , faulty reasoning Multiple Choice Multiple Answer Question Limitation of control are Correct Answer external factors , fixing of responsibility , variation and its causes Your Answer external factors , fixing of responsibility , variation and its causes Multiple Choice Single Answer Question Name the service which has two prime necessities like co-ordination and infiltration. Correct Answer Staff Your Answer Staff Multiple Choice Single Answer Question How many forces of competition are there according to Michael E. Porter? Correct Answer Five Your Answer Five Multiple Choice Multiple Answer Question The internal environment factors that influence management are Correct Answer labour , machines , place Your Answer labour , machines , place 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 Multiple Choice Single Answer Question How many billion dollars is our Retailing sector estimated to be? Correct Answer $ 180 billion Your Answer $ 180 billion True/False Question Motivation of subordinates to meet the expectations of the manager is a feature of direction. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Name the tactics used in the intensity of rivalry amongst existing competitors. Correct Answer Price competition , Advertising battles , Product introduction Your Answer Substitute products , Price competition , Advertising battles Multiple Choice Single Answer Question 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 Virtue Your Answer Ethics of Virtue Multiple Choice Single Answer Question What is the challenge insurance will face like any other service sector? Correct Answer Branding Your Answer Branding True/False Question Vision without mission is incomplete and mission without vision is meaningless. Correct Answer True Your Answer True

Select The Blank Question Different rates are levied by different states for ________ tax. Correct Answer entertainment Your Answer entertainment True/False Question Science is a body of organized knowledge Correct Answer True Your Answer True Multiple Choice Single Answer Question Name the group of related businesses that can be taken for the sake of strategic planning, distinct from the rest of the businesses Correct Answer strategic business units Your Answer strategic business units Select The Blank Question Brands are associated with lifestyles and people's________. Correct Answer aspirations Your Answer aspirations Multiple Choice Single Answer Question Organization is apart of which type of system? Correct Answer Social Your Answer Social Select The Blank Question Advantage of delegation of authority results in prompt ________. Correct Answer Decision-making Your Answer Decision-making Match The Following Question Correct Answer Your Answer Principle of effective delegation

To believe in feedback, interaction and result orientation. To believe in feedback, interaction and result orientation. High degree of delegation The task is specified to a subordinate and is told to report back with results The task is specified to a subordinate and is told to report back with results Functional authority This is clarifying the assignment, which is delegated to a department. This is clarifying the assignment, which is delegated to a department. Need for delegation Superior needs to concentrate on important and vital issues. Superior needs to concentrate on important and vital issues. Multiple Choice Multiple Answer Question 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 recognition Your Answer Prompt decision making , Opportunity to subordinates to grow and develop , Satisfaction to subordinates in terms of recognition Select The Blank Question Span of control is also referred to as the span of ________. Correct Answer Supervision Your Answer Supervision Select The Blank Question 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 Your Answer Herzberg's theory 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 Select The Blank Question ________means that private and foreign investors can participate in the Indian Insurance Sector. Correct Answer Liberalization Your Answer Liberalization

Select The Blank Question Chesterd Bernard developed a theory of organization and ________ functions. Correct Answer Executive Your Answer Executive Match The Following Question 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 This means each group of activities with the same objective must have one head and one plan Esprit De Corps In union there is strength' In union there is strength' Multiple Choice Single Answer Question The main role of management consultant to the organisation is to provide Correct Answer Recommendations Your Answer Information Multiple Choice Multiple Answer Question The potential external opportunities faced by an organization are Correct Answer additional customer groups , faster market groups , falling trade barriers Your Answer additional customer groups , falling trade barriers Multiple Choice Multiple Answer Question The service sector has grown because of reasons mentioned below Correct 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 goods Your 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 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 True/False Question Management is the combination of Arts, Science and profession. Correct Answer True Your Answer True Select The Blank Question Actuary is one who specializes in the________of insurance. Correct Answer mathematics Your Answer mathematics True/False Question One of the oldest technique of checking performance is the personal observation. Correct Answer True Your Answer True True/False Question Delegation and decentralization are closely related to each other. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question In the complex new liberalized economy business families face common problems such as Correct Answer Unproductive labour , Falling share value , Transnational attach Your Answer Unproductive labour , Falling share value , Transnational attach Multiple Choice Single Answer Question What articulates the long-term goals of an enterprise ? Correct Answer Vission Statement Your Answer Vission Statement Multiple Choice Multiple Answer

Question Some of the popular forecasts are Correct Answer Demand forecast , Sales forecast , Specific industry forecast Your Answer Demand forecast , Sales forecast , Specific industry forecast True/False Question You should never measure the process and develop tools that will measure your progress. Correct Answer False Your Answer False Select The Blank Question Many families were running the business with a law ________ stake of 15% to 20%. Correct Answer Capital Your Answer Capital True/False Question Management exists only at the top levels of the organization. Correct Answer False Your Answer False True/False Question Direction initiates at the bottom level in the organisation and follows to top through the hierarchy. Correct Answer False Your Answer False Select The Blank Question High morale is likely to be associated with superior motivation and low morale with ________, and a lack of drive. Correct Answer frustration Your Answer stress Multiple Choice Multiple Answer Question Research indicates that the limbic system learns best through Correct Answer motivation , extended practice , feedback Your Answer motivation , extended practice , feedback

Multiple Choice Multiple Answer Question Advantages of learning organizations should be Correct Answer Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust Your Answer Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust True/False Question Morale is the sum total of various physical qualities. Correct Answer False Your Answer True at 6:20 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set III) Principles and Practices of Management - 7 Multiple Choice Single Answer Question What type of industry is consulting Correct Answer Knowledge Your Answer Specialist Multiple Choice Single Answer Question Which Indian pharma company has recently started an SBU? Correct Answer Ranbaxy Your Answer Ranbaxy Select The Blank Question ________is a tool for corporate governance. Correct Answer communication Your Answer communication Multiple Choice Single Answer Question What does control maintain between output and effort? Correct Answer Equilibrium Your Answer Balance True/False

Question Horizontal co-ordination takes place sideways. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Who is the father of the three-needs theory? McClelland Who discovered the Expectancy theory? Vroom What is a basic need? Food Vroom What is an esteem need? Self-esteem Who propounded Theory X? McGregor

Multiple Choice Multiple Answer Question The non-financial type of motivators would be Correct Answer encouragement , freedom , recognition Your Answer encouragement , freedom , recognition Select The Blank Question New companies feel that________is the most appropriate type of alliance. Correct Answer Joint-venture Your Answer Joint-venture Multiple Choice Single Answer Question What is that the consultant must be able to recognise about the client's future needs ? Correct Answer Vision Your Answer Goal Select The Blank Question Learning organizations are adaptive to their________environment Correct Answer

external Your Answer external Match The Following Question Correct Answer Your Answer Vipassana Meditation Meditation Visionary Missionary Missionary Knowledge Worker Wisdom Worker Wisdom Worker Tamas Rajas Rajas Karma Destiny Destiny Select The Blank Question Event ________ has various ________ opportunities. Correct Answer management Your Answer management Correct Answer Career Your Answer Career Multiple Choice Multiple Answer Question Some of the public insurance companies are Correct Answer LIC , Oriental Insurance , General Insurance Your Answer LIC , General Insurance , Allianz AG Multiple Choice Multiple Answer Question Fedrick Winslow Taylor s Mechanism of Scientific Management includes Correct Answer scientific task setting , planning the task , standardization of tools and equipments Your Answer scientific task setting , planning the task , standardization of tools and equipments Select The Blank Question Under the principles of effective delegation, it is said that never delegate and ________.

Correct Answer Disappear Your Answer Disappear Select The Blank Question The higher the ________ level of the employee, the lower the ________ satisfaction. Correct Answer educational Your Answer educational Correct Answer job Your Answer job Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer Peter Drucker Select The Blank Question ________ is the result of human limitation to the span of management. Correct Answer Delegation Your Answer Delegation Multiple Choice Single Answer Question Learning organizations must possess what type of culture? Correct Answer Learning Your Answer Learning Select The Blank Question A ________ faced by the retail business is the ________ aspect. Correct Answer challenge Your Answer challenge Correct Answer cultural Your Answer cultural Multiple Choice Multiple Answer Question

The different A s of the service sector are Correct Answer acceptability , awareness , availability Your Answer acceptability , awareness , availability Multiple Choice Multiple Answer Question Some of the external factors that limit control are Correct Answer govt. policies , market changes , economic changes Your Answer govt. policies , organizational policies , market changes True/False Question the heart of administration is the directing function. Correct Answer True Your Answer True True/False Question Service denotes physical transfer of goods. Correct Answer False Your Answer True True/False Question For effective control, different departments should have uniform systems of control. Correct Answer False Your Answer True Multiple Choice Single Answer Question As organizations increase their products, market diversity etc, for what type of people does the demand increase? Correct Answer General Managers Your Answer General Managers Multiple Choice Multiple Answer Question The objective in corporate governance are Correct Answer shareholders value maximization , growth , stability Your Answer shareholders value maximization , growth , stability Multiple Choice Single Answer

Question Name the department which plays a major role in developing a learning organization Correct Answer MIS Your Answer Sales Multiple Choice Multiple Answer Question Communication barriers in the international environment are Correct Answer Loss by transmission , Loss by poor retention , Poor listening Your Answer Loss by transmission , Loss by poor retention , Poor listening Multiple Choice Single Answer Question What criterion is that which the SBU must meet which is neither too large nor too small? Correct Answer Proper size Your Answer Proper size Select The Blank Question Management is a creative and________process. Correct Answer continuous Your Answer continuous Multiple Choice Multiple Answer Question The old control techniques which were used through years are Correct Answer unity of policies , break-even analysis , budgetary control Your Answer unity of policies , break-even analysis , budgetary control Select The Blank Question Individuals have different ________ of management categories such as democratic, ________, bureaucratic, etc. Correct Answer styles Your Answer styles Correct Answer autocratic Your Answer autocratic True/False Question Economic considerations do not affect the choice of span. Correct Answer

False Your Answer True Multiple Choice Single Answer Question How many event management companies are there in Pune? Correct Answer 215 Your Answer 215 True/False Question Developing effective control is one of the weaknesses of MBO Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The summary of important trends in retailing are Correct Answer market concentration , global players vs. local players , non store retailing Your Answer market concentration , global players vs. local players , non store retailing Multiple Choice Single Answer Question Who is the father of Intelligence Quotient ? Correct Answer Alfred Bennet Your Answer Alfred Bennet Multiple Choice Multiple Answer Question Research into the average Indian buying habits have brought about the following facts Correct 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 Your Answer they prefer to pay in cash , they like to touch and feel the merchandise , they want attention to be given to all members of their group Multiple Choice Single Answer Question Where is the attack on business families coming from Correct Answer Transnationals Your Answer Transnationals Select The Blank

Question Direction is a ________ function performed by all the managers at all levels of the organisation. Correct Answer managerial Your Answer complex Multiple Choice Multiple Answer Question In the insurance sector the rules governing Indian companies are Correct 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 entity Your Answer min. paid up capital of Rs. 1 billion , 26% equity participation , no dealing in non-insurance and non-life as single entity True/False Question Development of the retail sector requires a slow change in our mindset. Correct Answer True Your Answer True True/False Question Succession planning is not a function of the Board of Directors. Correct Answer False Your Answer True True/False Question Indian business families are still avoiding joint ventures and tie-ups. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Retailing categories based on ownership arrangement would be Correct Answer Super Markets , Consumer Durables Stores , Departmental Stores Your Answer Super Markets , Departmental Stores , Shopping Malls

PPM assgn 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 Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary Multiple Choice Multiple Answer Question The features of art is as follows Correct Answer skill , knowledge , creativity Your Answer skill , knowledge , creativity Multiple Choice Multiple Answer Question Science as a discipline has the following features Correct Answer body of organized knowledge , establishes cause and effect relationship Your Answer body of organized knowledge , establishes cause and effect relationship True/False Question Management is conditional Correct Answer False Your Answer True True/False Question Science is a body of organized knowledge. Correct Answer True Your Answer True Multiple Choice Single Answer Question Who formulated the l4 Principles of Management? Correct Answer Henry Fayol Your Answer Henry Fayol Multiple Choice Multiple Answer Question Some of the popular forecasts are

Correct Answer demand forecast , sales forecast Your Answer demand forecast , sales forecast 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 True/False Question Drucker emphasized an MBO philosophy for self-help Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer Control Standard Design Measurement Performance Performance Motivating Employees Employees Deviations Action Standard Flexible Design Action Multiple Choice Single Answer Question What does control set up for the organization? Correct Answer Standards Your Answer Standards True/False Question Necessary rigidity is required in the control design. Correct Answer False Your Answer

True True/False Question Control has to be flexible. Correct Answer True Your Answer True True/False Question Control helps management in knowing which department needs less attention. Correct Answer False Your Answer False Multiple Choice Single Answer Question By creating independent units what can be done to the need for coordination? Correct Answer Reduced Your Answer Reduced Multiple Choice Single Answer Question What does coordination do to corporate and individual goals? Correct Answer Harmonizes Your Answer Harmonizes True/False Question Under planning targets of each department need not be compared with targets of all other departments. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question The different leadership styles are Correct Answer Autocratic , democratic , laissez - faire Your Answer Autocratic , democratic , laissez - faire Multiple Choice Multiple Answer Question Some of the traits of leaderships are as follows Correct Answer emotional stability , communication skill , knowledge of human relations

Your Answer emotional stability , communication skill , knowledge of human relations Multiple Choice Multiple Answer Question Under hard boiled type of autocratic leadership, the employees tend to become Correct Answer qresentful , uarrelsome Your Answer qresentful , uarrelsome Multiple Choice Single Answer Question Which need includes the basic human needs of food, clothing and shelter? Correct Answer Physiological needs Your Answer Social affiliation need Multiple Choice Multiple Answer Question Some of the general motivators are Correct Answer job security , freedom at workplace , interesting work Your Answer job security , freedom at workplace , interesting work Multiple Choice Single Answer Question Many organizational problems have their root cause in what? Correct Answer Misunderstandings Your Answer Misunderstandings Multiple Choice Multiple Answer Question The different types of psychological barriers to communication will be Correct Answer ego , status consciousness , closed mind Your Answer ego , status consciousness , closed mind Multiple Choice Multiple Answer Question The functional management challenges in service sector are Correct Answer human resource , marketing and advertising , finance and taxation Your Answer human resource , marketing and advertising , finance and taxation Multiple Choice Single Answer Question What proportion is the organized sector of the retail market? Correct Answer

2% Your Answer 2% True/False Question Mass activities have started in modern times . Correct Answer False Your Answer True Multiple Choice Single Answer Question Corporate Governance is the term given to which practices? Correct Answer Management Your Answer Management True/False Question There are three central ideas associated with consequentialism. Correct Answer False Your Answer False Multiple Choice Single Answer Question What is an independent business with a coherent set of products, strategies, and objectives, called Correct Answer Strategic Business Unit Your Answer Strategic Business Unit True/False Question EQ was first brought to attention by Benott Simon . Correct Answer False Your Answer False Match The Following Question Correct Answer Your Answer Tatas Indian Hotels BPL Nambiars BPL Bombay Dyeing Nulsi Wadia

Bombay Dyeing Indian Hotels Azeem Premji Wipro Wipro Singhanias Raymonds Raymonds Multiple Choice Single Answer Question What is the role of management consultants? Correct Answer All of these Your Answer Only a and b Select The Blank Question ________ is a scientific process of looking ________, which is based on past performance Correct Answer Forecasting Your Answer Forecasting Correct Answer forward Your Answer forward Select The Blank Question ________ is crucial to an organisaton s ________. Correct Answer Directing Your Answer Directing Correct Answer success Your Answer success Select The Blank Question Control through the ________ information will enable proper ________ of plans. Correct Answer feedback Your Answer feedback Correct Answer implementation Your Answer implementation Select The Blank Question

Theory Y assumes that people will exercise self-________ and control towards achieving ________ they are committed to. Correct Answer direction Your Answer direction Correct Answer objectives Your Answer objectives Select The Blank Question The higher the ________ level of the employee, the lower the ________ satisfaction. Correct Answer educational Your Answer educational Correct Answer job Your Answer job Select The Blank Question ________ is concerned with what is Good and right for ________. Correct Answer Ethics Your Answer Ethics Correct Answer society Your Answer society Select The Blank Question Make sure to follow the proper ________ in reporting the ________. Correct Answer Guidelines Your Answer Guidelines Correct Answer wrongdoing Your Answer wrongdoing Select The Blank Question An ________ is a Group of related ________ Correct Answer SBU Your Answer SBU Correct Answer businesses

Your Answer businesses Select The Blank Question Emotional ________ is the Realization to ________. Correct Answer intelligence Your Answer intelligence Correct Answer sense Your Answer Purpose Multiple Choice Multiple Answer Question The aspects of corporate governance are Correct Answer attracting public attention , indispensable , trust Your Answer attracting public attention , indispensable Select The Blank Question With ________ and government regulations, moving ahead requires ________ like Joint Ventures Correct Answer globalization Your Answer globalization Correct Answer strategies Your Answer strategies Select The Blank Question Organizations where people continually expand their ________ to create results are called ________ Correct Answer capacity Your Answer capacity Correct Answer Learning organizations Your Answer Progressive organization Multiple Choice Single Answer Question Which among the following are the functions of board of directors? Correct Answer All of the above Your Answer All of the above

at 6:07 AM 0 comments Links to this post Labels: Principles and Practices of Management (Set IV) Principles and Practices of Management - 11 PPM assgn Multiple Choice Single Answer Question The best leader is someone who is? Correct Answer Cool Your Answer Cool Multiple Choice Single Answer Question Life Insurance Corpo