principles & practices of mgmt combined

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LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Board members should have an independent sense of

udgment.Correct Answer True

Your Answer False

True/FalseQuestion Event management in India is an ancient activity.

Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion Organizing is defined in different ways, viz.

Correct Answer Process , Relationship , Corporate citizen

Your Answer Process , Relationship

Select The BlankQuestion Charles Babbage built the first prototype of modern ________.

Correct Answer Computers

Your Answer Computers

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 Scalar

Your Answer Functional

Multiple Choice Single AnswerQuestion It is said that 'Delegation is the key to control' and

Correct Answer information is guide to control

Your Answer information is basis of control


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Multiple Choice Single AnswerQuestion Which is the technique where the completion of all tasks is

checked in the order planned in the time scheduled is known as

Correct Answer Critical path method

Your Answer Critical path method

Multiple Choice Multiple AnswerQuestion Application of general management functions to the insurance

sector isCorrect Answer co-ordinating , controlling , directing

Your Answer capitalizing

True/FalseQuestion Lower level managers need EQ most.


Your Answer True

Multiple Choice Multiple AnswerQuestion Certain important motivational techniques are

Correct Answer Monetary incentives , Job-based techniques , MBO techniques

Your Answer Monetary incentives , Job-based techniques , MBO techniques

Multiple Choice Multiple AnswerQuestion 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

Match The Following

Question Correct Answer Your Answer

Service sector is notinfluenced by this system

licensing system licensing system

Functional managementchallenges

Management accountingand taxation

This influences the servicesector

Corporatization ofservices

Accountants Accountants


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Reason for expansion ofservice sector

Failure to sustain anadvantage inmanufacturing activities

The service sectordominates the Indianeconomy

True/FalseQuestion Procedures establish a useful method of doing work and thus it

can eliminate friction between departments.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion 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

Select The BlankQuestion Individuals are encouraged to develop________,to speak out, to

challenge actions.Correct Answer ideas

Your Answer ideas

Select The BlankQuestion Business ________ is the calculation of probable events to

provide against future.Correct Answer forecasting

Your Answer planning

Select The BlankQuestion Being more attuned to the feelings of those you work with is a

benefit of ________.Correct Answer Emotional Quotient

Your Answer Emotional Quotient

Multiple Choice Single AnswerQuestion Communication forms the link between every individual and

between one group and the other groups, what are the mainfacts which flow through individuals at various levels.

Correct Answer concepts, opinions

Your Answer concepts, opinions


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Question If you don't know what you want to achieve, don't call in the_______.

Correct Answer Consultant

Your Answer Subordinate

True/FalseQuestion Peter Drucker various publications have sold about 5 -6 million

copies worldwide.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Name the books on management written by Peter Drucker.

Correct Answer The practice of management , Management, tasks,responsibility , Frontiers of Management

Your Answer Frontiers of Management , The practice of management ,Management, tasks, responsibility

Multiple Choice Single AnswerQuestion Who is primarily known for his Time and motion studies?

Correct Answer Frank Gilberth

Your Answer F.W.Taylor

Multiple Choice Single AnswerQuestion What is the set-up of an organization?

Correct Answer Relationships

Your Answer Communication

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


Your Answer False

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 Asia


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Your Answer The future of industrial man , The age of discontinuity , Druckeron Asia

Multiple Choice Single AnswerQuestion What can act as a self-regulation enabler?

Correct Answer Audit

Your Answer Planning report

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Of which kind of advertising is event a form?

Correct Answer interactive

Your Answer related

Select The BlankQuestion General Insurance corporation was nationalized in________.

Correct Answer 1972

Your Answer 1971

Select The BlankQuestion Different rates are levied by different states for ________ tax.

Correct Answer entertainment

Your Answer entertainment

Select The BlankQuestion Morale is the term usually applied to armed forces during war

time and athletics teams. It refers to team spirit and ________ ofpeople for a common purpose.

Correct Answer togetherness

Your Answer confidence

Multiple Choice Multiple Answer


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Question Steps to be taken into consideration while whistle blowing are:

Correct Answer examining your motives , verifying and documenting your

information , sticking to the factsYour Answer examining the organizational environment , examining your

motives , verifying and documenting your information , stickingto the facts

True/FalseQuestion Actuary is one who specializes in the mathematics of insurance.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Few of the benefits of direction are

Correct Answer ensures stability and balance , secures employees co-operation, facilitates change in organisation

Your Answer ensures stability and balance , secures employees co-operation, facilitates change in organisation

Select The BlankQuestion A method of grouping the business of a multi-business

corporation, which helps in strategic planning, is ________.Correct Answer scientific

Your Answer strategic

Multiple Choice Multiple AnswerQuestion The factors measuring the morale of the workers and ascertain

hether it is increasing or diminishing can be listed asCorrect Answer Absenteeism , No. of accidents , Grievances

Your Answer Absenteeism , Grievances

Select The Blank

Question The concept of value and the concept of maximization of valueare related to________concept of Ethics.

Correct Answer Consequentialism

Your Answer Subjectivism

Multiple Choice Multiple AnswerQuestion The family owned businesses like Tata and Birla, also face

major fears likeCorrect Answer Right successor , Stumbling self-confidence , Lack of

professional management


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Your Answer Right successor , Lack of professional management

Multiple Choice Single AnswerQuestion The important point to be noted under the definition of learning

organizations isCorrect Answer Development of collective as well as individual learning

Your Answer Development of collective as well as individual learning

Multiple Choice Single AnswerQuestion hat is the fundamental tool employed by managers in directing

their subordinates ?Correct Answer Order

Your Answer Decision

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

Correct Answer Transnationals

Your Answer Transnationals

Multiple Choice Single Answer

Question What does decoding mean ?

Correct Answer Message interpretation

Your Answer Message interpretation


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LIST OF ATTEMPTED QUESTIONS AND ANSWERS pp5Question Professional managers help organizations in chalking out which type of

strategies?

Correct Answer CorporateYour Answer Corporate

Question Features of Management are as follows

Correct Answer goal oriented , universal , continuous processYour Answer goal oriented , universal , continuous process

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

Question The external environmental factors that influence management areCorrect Answer economic changes , political , technological, Leagal, Social, Cultural,Climatic,

Global,Ethical,Moral

Question : The Internal environmental factor that influence management areanswer : Place, Labour,machines,Money

Question The features of art is as follows

Correct Answer skill , knowledge , creativityYour Answer skill , knowledge , creativity

Question Any discipline to be called as profession must fulfill the following conditionsCorrect Answer requires definite period of learning , centralized rule making authority ,

enforceable code of conductYour Answer requires definite period of learning , centralized rule making authority ,

enforceable code of conduct

Match The Following


Management can be applied everywhere Management is universal Management isuniversal

Management is dynamic Changes as per time Changes as per time

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

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

Professional managers may Question of accountability of Performance Question ofaccountability of Performancehave only salary-stake


Art Skill Skill

Code of Conduct Profession Profession

Predictive Power Science Science


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Management Creative Dynamic

Professional Manager Dynamic Creative

Question Revenue model is a challenge in the service sector.

Correct Answer TrueYour Answer True

Question The contribution of the service sector to GDP has been less thanproportionate to

Correct Answer employmentYour Answer employment

Question The scope for retailing in India is great as it is dominated by the________.Correct Answer unorganized sectorYour Answer unorganized sector

Question Focus on savings and high bargaining interests of the consumer is anobstacle in retail development in India.


Question Events are occurrences designed for ________ interests.Correct Answer marketingYour Answer marketing

Question Which of the following is not an area of operation of event management?

Correct Answer banking

Your Answer banking

Question Name the leading event management companies in India

Correct Answer Midas , Pinnacle , WizcraftYour Answer Midas , Pinnacle , Wizcraft

Question Foreign insurance companies can appoint majority directors on the companyboard.

Correct Answer FalseYour Answer False

Question Life Insurance Corporation was nationalized by merging how many privateinsurance companies?

Correct Answer 245Your Answer 245

Question In the insurance sector the rules governing the foreign companiesCorrect Answer are 26% of equity participation , affect only special resolutions , do not appoint

majority directors on the company boardYour Answer are 26% of equity participation , affect only special resolutions , do not appoint

majority directors on the company board

Question Future of Insurance sector would be

Correct Answer new players taking over the market , improved customer service , strong holdof nationalized players

Your Answer new players taking over the market , improved customer service , strong hold of


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nationalized players

Question The objectives in corporate governance are

Correct Answer growth , stability , shareholders value maximizationYour Answer growth , stability , shareholders value maximization

Question Individuals are encouraged to develop________,to speak out, to challengeactions.

Correct Answer ideasYour Answer ideas

Question Learning from mistakes is often more powerful than learning from________.

Correct Answer SuccessYour Answer Success

Question What criterion is that which the SBU must meet which is neither too large nortoo small?

Correct Answer Proper sizeYour Answer Proper size

Question What is the authority for the SBU which is delegated to each person headingit, and can adapt quickly to any environmental change ?

Correct Answer Decision-makingYour Answer Decision-making

Question Intelligence quotient is the measurement of one's ?Correct Answer IntelligenceYour Answer Intelligence

Question Decreased productivity is a cost of low IQ.


Question Being ________ requires high level of optimism and persistence despiterejection.

Correct Answer Self-MotivatedYour Answer Self-Motivated

Question The experts who dealt in Behavioral Sciences are :

Correct Answer Max Weber , Vilfredo Pareto , Elton MayoYour Answer Max Weber , Vilfredo Pareto , Elton Mayo

Question Under McKinsey's 7 S model, the soft S's are:

Correct Answer Style , Staff , SkillsYour Answer Style , Staff , Skills

Question Unity of command means that employees should receive orders from onesuperior only.


Question W.Edward Deming introduced quality control in Japan.Correct Answer TrueYour Answer True

Question The characteristics of knowledge worker would be


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Correct Answer egoistic , right consciousYour Answer egoistic , right conscious

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

Question It is said that waking and dream world are both illusions, according to

vedanta world as ________.Correct Answer Maya MithyaYour Answer Maya Mithya

Question Successful consultants should promote their consultancy through what ?Correct Answer NetworkYour Answer Network

Question Under the role of management consultant, consultant acts as a

Correct Answer Motivator , Leader , CounselorYour Answer Motivator , Leader , Counselor

Question Planning is based on future conditions which are dynamic, hence it is said tobe

Correct Answer FlexibleYour Answer Continuous

Question The process of forecasting is based onCorrect Answer Future trends , Current analysis , Past performanceYour Answer Future trends , Current analysis , Past performance

Question Demand forecast is one of the popular forecasts.


Question Advantage of delegation of authority results in prompt ________.


Question Delegation and decentralization are closely related to each other.


Question the heart of administration is the directing function.Correct Answer True

Your Answer True

Question Maintaining discipline and ________ those who perform properly, is anelement of direction.

Correct Answer controllingYour Answer rewarding

Question Managerial function of control is the ________ and correction of performanceof various activities.

Correct Answer measurementYour Answer measurement

Question Which modern trend calls for systematic attempt at controlling ?


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Correct Answer DecentralisationYour Answer Decentralisation

Question "Control maintains the equilibrium between ends and means, output andefforts' by according toCorrect Answer Peter DruckerYour Answer Peter Drucker


Question Management has been defined as the creation and direction of the internalenvironment in an enterprise

Correct Answer FalseYour Answer False creation and maintenance

Question 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

Question Wrong medium of communication is a physical barrier.Correct Answer FalseYour Answer False

Question Govt. services comprise________, defence and social goods.Correct Answer public administrationYour Answer public administration

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

customerYour Answer the expectations of others , the experiences of people

Question How many billion dollars is our Retailing sector estimated to be?

Correct Answer $ 180 billionYour Answer $ 180 billion

Question Corporate governance aims at

Correct Answer better transparency , ethics , accountabilityYour Answer better transparency , ethics , accountability

Question ________is a tool for corporate governance.Correct Answer communication

Your Answer communication

Question Deontological ethics believe that mature persons have inadequate capacity toreason.

Correct Answer FalseYour Answer False not inadeauate but adequate

Question To which environment is learning environment adaptive?Correct Answer ExternalYour Answer External

Question Advantages of SBU's are

Correct Answer Quick response to environmental changes , Increased focus on products and


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market , Facilitating development of General ManagersYour Answer Quick response to environmental changes , Maintaining a uniform corporate

image , Increased focus on products and market

Question Being more attuned to the feelings of those you work with is a benefit of________.

Correct Answer Emotional QuotientYour Answer Empathy

Question Charles Babbage built the first prototype of modern ________.Correct Answer ComputersYour Answer Computers

Question Which famous management consultancy first adopted the 7 S model?Correct Answer McKinsey & Co.Your Answer McKinsey & Co.

Question The 7 S Framework first appeared in 'The Art of Japanese management' byRichard Pascale and Anthony Athos in 1981.


Question ________ says you are the product of your past and you are bound by pastactivities.

Correct Answer Law of destinyYour Answer Law of destiny

Question Which law states that 'you get what you deserve and not what you desire'

Correct Answer Law of destinyYour Answer Law of karma

Question Where is the attack on business families coming fromCorrect Answer TransnationalsYour Answer Transnationals

Question In the complex new liberalized economy business families face commonproblems such as

Correct Answer Unproductive labour , Falling share value , Transnational attachYour Answer Unproductive labour , Falling share value , Transnational attach

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

Question The family owned businesses like Tata and Birla, also face major fears like

Correct Answer Right successor , Stumbling self confidence , Lack of professionalmanagement

Your Answer Right successor , Stumbling self confidence , Lack of professional management

Question What articulates the long-term goals of an enterprise ?

Correct Answer Vission StatementYour Answer Vission Statement

Question ________ degree of delegation is that in which a superior states a particulartask to his subordinates and tells them to investigate on that task and report back.

Correct Answer Low


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Your Answer Moderate

Question Organization as an establishment is considered as the ________ aspect of an

enterprise.Correct Answer PhysicalYour Answer Physical

Question An organization consists of individuals in which their formal roles and

structural positions bring them closer.Correct Answer TrueYour Answer True

Match The Following


Decentralization It is viewed as an extension of delegation It is viewed as an extension ofdelegation

Organizing t is considered as a process, or any activity It is considered as a process, or anyactivity

Delegation This means to give, offer, confer and allot a major part to subordinates This means togive, offer, confer and allot a major part to subordinates

Span of management It is based on the manager of average ability It is based on the manager ofaverage ability

Match The Following


Organization as an establishment This is regarded as the physical aspect of an enterprise This isregarded as the physical aspect of an enterprise

Organization as a corporate citizen This is regarded as the social aspect of an organization Thisis regarded as the social aspect of an organization

Organization as a relationship This is more related with the formal and informal relationships Thisis more related with the formal and informal relationships

Organization as a structure of authority This is created out of responsibility and accountabilitystructure This is created out of responsibility and accountability structure

Question Who said, the heart of administration is the directing function.

Correct Answer DimockYour Answer Dimock

Question Who said, 'Direction is telling people what to do and seeing that they do it t othe best of their ability'.

Correct Answer DaleYour Answer Dale

Question ________ behaviour is obtained when there is a one-way transmission oforders from superior to subordinates.

Correct Answer Linear


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Your Answer Linear

Question Managers should be effective ________ so that they may influence the

activities of subordinates without dissatisfying them.Correct Answer leadersYour Answer leaders

Question The meaning and purpose of control is

Correct Answer knowing exactly what work is to be done , knowing that the work has beendone or being done , knowing immediately of any delays, hold ups

Your Answer knowing exactly what work is to be done , knowing that the work was notfavourable , knowing immediately of any delays, hold ups

Question Which modern trend calls for systematic attempt at controlling ?Correct Answer DecentralisationYour Answer Globalisation

Question The larger the organisation, the more easier is the control process with respectto overall results.


Question Motivating a worker is to create a need and what else on the part of a worker tobetter his present performance.

Correct Answer DesireYour Answer Devotion

Question Under the kinds of motivation, employees are different individually yet, theyall want the following things from the job.

Correct Answer Job security , Congenial associates , Fair wages

Your Answer Job security , Congenial associates , Fair wages

Question The negative type of motivators will include

Correct Answer Fear , Force , ReprimandsYour Answer Fear , Force

Question Valency is the extent to which the outcome of the activity and its successmatters to the individual . (Level of motivation = Valency x Expectancy)



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

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

True/FalseQuestion Management is just a list of functions.Correct Answer False


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Your Answer False

True/False

Question Science has no predictive powerCorrect Answer FalseYour Answer False

True/FalseQuestion Professional management signifies separation of ownership and management.Correct Answer TrueYour Answer True

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 , Natured evaluation

Match The FollowingQuestion Correct Answer Your Answer

Selective Perception In communication this means that they hear what they want to hear andignore other information In communication this means that they hear what they want to hear andignore other information

Semantic Distortion This type of communication is said to be deliberate or accidental Peoplerespond to information overload by disregarding certain information

Secrecy There is a large amount of information which is withheld bec' it will cause jealousyListening demand full attention and discipline

Oral Communication Frequently used by supervisors at the shop floor and by middle levelmanagers This type of communication is said to be deliberate or accidental

Select The BlankQuestion Service sector has grown because of________.Correct Answer contractingYour Answer contracting

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

Multiple Choice Single AnswerQuestion The service sector has expanded relentlessly in the past decades. Which of the

following events gave it pre-eminence?Correct Answer explosion of information technologyYour Answer virtual stagnation in agriculture

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 agriculture


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Select The BlankQuestion The scope for retailing in India is great as it is dominated by the________.Correct Answer unorganized sector

Your Answer unorganized sector

Multiple Choice Multiple AnswerQuestion The various departments that an event management company will have areCorrect Answer creative , production , client servicingYour Answer creative , production , client servicing

True/FalseQuestion Foreign insurance companies can appoint majority directors on the company board.Correct Answer FalseYour Answer False

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


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

Multiple Choice Multiple AnswerQuestion The channels through which corporate governance may bear on performance are

activated through several structural and institutional factors as follows

Correct Answer legal, political and regulatory environment , financial structure of corporation ,structure and functioning of co.

Your Answer legal, political and regulatory environment , financial structure of corporation ,structure and functioning of co.

Multiple Choice Multiple AnswerQuestion The objectives in corporate governance areCorrect Answer growth , stability , shareholders value maximizationYour Answer growth , stability , shareholders value maximization

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

Your Answer public attention

Select The BlankQuestion ________organizations have systems, mechanisms and processes in place.Correct Answer LearningYour Answer Learning

Multiple Choice Single AnswerQuestion Name the growing developer and publisher software created by SBU's to handle

product development for each of the segments like child, youth entertainment etc.Correct Answer MindscapeYour Answer Mindscape


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Multiple Choice Single AnswerQuestion People with high EQ understand people's which factor ?Correct Answer Expectations

Your Answer Expectations

Multiple Choice Multiple AnswerQuestion EQ is born largely in the neurotransmitters if the brains limbic system that governsCorrect Answer drives , impulses , feelingsYour Answer drives , impulses , feelings

Select The BlankQuestion Being ________ requires high level of optimism and persistence despite rejection.Correct Answer Self-MotivatedYour Answer Self-Motivated

Select The BlankQuestion Henry Fayol finds ________ and responsibility to be related, with the latter arising

from the former.Correct Answer AuthorityYour Answer Authority

Multiple Choice Single AnswerQuestion Which is the second factor of the 7S model?Correct Answer StructureYour Answer Structure

True/FalseQuestion W.Edward Deming introduced quality control in Japan.Correct Answer TrueYour Answer True

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

True/FalseQuestion India should borrow management skill from other countries but one should never

borrow the use of the mechanical arts and applied sciences -Correct Answer FalseYour Answer False

True/False

Question Gita has nothing to do with leadership in managementCorrect Answer FalseYour Answer False

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

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


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Multiple Choice Multiple AnswerQuestion The main strategies adopted by business families for growth are

Correct Answer Raising their capital , Appoint professional manager , Technology upgradationYour Answer Raising their capital , Appoint professional manager , Technology upgradation

True/FalseQuestion Business families have started spending more on research and development.Correct Answer TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Planning is based on future conditions which are dynamic, hence it is said to beCorrect Answer FlexibleYour Answer Flexible

Multiple Choice Single AnswerQuestion What is indispensable to accurate internal budgeting and to setting financial and

expansion policies.Correct Answer Sales forecastingYour Answer Specific industry forecasts

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 objectivesYour Answer Preliminary setting of goals at the top , Clarification of organisational goals ,

Recycling of objectives

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

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

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

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

Select The BlankQuestion Control, like other elements of management process has to be ________ and not an


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emergency operationCorrect Answer continuousYour Answer corrective

Select The BlankQuestion In an organisation the reports that are in the form of graphs, tables etc, are called

________Correct Answer statistical reportsYour Answer statistical reports

Multiple Choice Single AnswerQuestion This is a type of motivational technique training given to the groups of managers

themselves so that they may behave with and motivate their subordinates better.Correct Answer Sensitivity trainingYour Answer Management training

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 initiative


Theory X Both men and boss participate and jointly determine each individual's major areas ofresponsibility. People do not have ambitions and they try to shirk responsibility

Theory Y People do not have ambitions and they try to shirk responsibility The average humanbeings, under proper conditions, do not shirk responsibility.

MBO technique Autocratic, democratic styles of leadership have their own implications foremployee motivation. Both men and boss participate and jointly determine each individual's majorareas of responsibility.

Leadership Technique The average human beings, under proper conditions, do not shirkresponsibility. Autocratic, democratic styles of leadership have their own implications foremployee motivation.


Multiple Choice Single AnswerQuestion Profession requires definite period of what?

Correct Answer LearningYour Answer Learning

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

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


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

Your Answer economics , maths , psychology

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 unorganized knowledge , establishes cause and effect relationship , non-

predictive

Multiple Choice Multiple AnswerQuestion Any discipline to be called as profession must fulfill the following conditionsCorrect Answer requires definite period of learning , centralized rule making authority ,



Multiple Choice Single AnswerQuestion What hampers organisational communication ?Correct Answer BarrierYour Answer Barrier

Multiple Choice Multiple AnswerQuestion The lack of communication leads toCorrect Answer information gap , disintegration , deviation from performanceYour Answer information gap , disintegration , deviation from performance

Multiple Choice Multiple AnswerQuestion The activities of the communicator while communicating a message will include,

Correct Answer ideation , encoding , transmissionYour Answer encoding , response

Select The BlankQuestion ________ with sympathy can reduce some of the daily frustrations in organised life

and result in better communication.Correct Answer ListeningYour Answer Listening

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

Multiple Choice Single AnswerQuestion Services need support functions to assist its operation, they areCorrect Answer transport, telecom, powerYour Answer transport, telecom, power

Multiple Choice Single AnswerQuestion Govt. services would essentially entailCorrect Answer social goods and public administrationYour Answer social goods and public administration

Multiple Choice Single AnswerQuestion Which of the options mentioned below would be categorized as a Franchisee store?


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Correct Answer Footwear storesYour Answer Super Markets

Multiple Choice Single AnswerQuestion What is one of the most significant inhibitors in customer preference while purchasingperishable items in retail?

Correct Answer proximity of marketsYour Answer customer preference to brands

Multiple Choice Single AnswerQuestion An Indian consumer isCorrect Answer one of the most diverse and demandingYour Answer one of the most diverse and demanding

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


Problems faced by event management industry In addition to the entertainment tax, an eventmanagement company is also required to pay service tax In addition to the entertainment tax, anevent management company is also required to pay service tax

Areas of operations in event management Celebrity management, television events Celebritymanagement, television events

Definition of event management Events are the occurrences designed for marketing interests

Events are the occurrences designed for marketing interests

Leading companies in this sector of event management Whizcraft Entertainment Ltd, MidasEvents, Fountain Head Whizcraft Entertainment Ltd, Midas Events, Fountain Head

Multiple Choice Single AnswerQuestion Of which kind of advertising is event a form?Correct Answer interactiveYour Answer interactive

Multiple Choice Single AnswerQuestion State Bank of India has collaborated with which foreign insurance company?

Correct Answer CardiffYour Answer Cardiff

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

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 such reasons?Correct Answer Deontological EthicsYour Answer Demological Ethics


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Select The BlankQuestion Unethical acts are a result of________.

Correct Answer Unawareness and insensitivity to issuesYour Answer Unawareness and insensitivity to issues

Select The BlankQuestion Loyalty to the________should occupy the place before loyalty to the organization.Correct Answer countryYour Answer society

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 Multiple AnswerQuestion Multiple Choice Multiple ResponseCorrect Answer Loyalty , DevotionYour Answer Loyalty , Devotion

Multiple Choice Multiple AnswerQuestion Peter Drucker is an expert on :Correct Answer Japanese art , History of technology , History of American statesmanYour Answer Japanese art , History of technology , History of American statesman

Select The BlankQuestion Peter Durcker's classic book is known as 'The ________ of management'.Correct Answer Practice

Your Answer Practice

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

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

True/False

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

Select The BlankQuestion One of the fears family owned businesses fear is the successful planning to the get

the right person after the business ________.Correct Answer PioneerYour Answer Pioneer

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


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Your Answer Network


Question International consultancy is said to beCorrect Answer Glamorous , Challenging , TrendyYour Answer Glamorous , Challenging , Trendy

True/FalseQuestion You should never measure the process and develop tools that will measure your

progress.Correct Answer FalseYour Answer False

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 defination of decision involves following characteristicsCorrect Answer Involves Rationality , Involves Commitment , Involves Mental ProcessYour Answer Involves Rationality , Involves Commitment , Involves Mental Process

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

True/False

Question Procedures establish a useful method of doing work and thus it can eliminate frictionbetween departments.


Select The BlankQuestion As Koonfz comments, ________ is deciding in advance what to do, how to do it and

who is to do it.Correct Answer PlanningYour Answer Planning

Multiple Choice Multiple AnswerQuestion 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 , Feedbackcontrol is established

Multiple Choice Multiple AnswerQuestion Features of direction would beCorrect Answer Pervasive function , Communication , Continuous processYour Answer Pervasive function , Communication

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


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Your Answer govt. policies , market changes , economic changes


Question David McClelland identified three motives which compare with Maslow's higherranking motives; please name the missing motive. 1. Affiliation - Social, 2. Power-Esteem 3.Achievement -

Correct Answer Self-actualisationYour Answer Self-actualisation

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

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


Worker's Desires It includes affection belongings, acceptance, friendship Basic human need offood, clothing and shelter

Management Desires Safe, healthy working conditions economic security Lowest cost per unit,Intelligent initiative

Esteem Lowest cost per unit, Intelligent initiative Self-respect, status recognition from others

Social or Affiliation Basic human need of food, clothing and shelter It includes affectionbelongings, acceptance, friendship


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True/FalseQuestion Board members should have an independent sense of

udgment.Correct Answer True

Your Answer False



Your Answer False















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Your Answer True







Match The Following










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Your Answer True







Your Answer ideas












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Multiple Choice Multiple AnswerQuestion RBI's present report on currency and finance divides the sector

intoCorrect Answer consumer services , Govt. services , producer services

Your Answer consumer services , producer services

True/FalseQuestion It is that top leadership fails to teach the MBO philosophy largely

because, very often it is itself not motivated.Correct Answer True

Your Answer True

True/FalseQuestion Pursuit of excellence is an ethical principle.

Correct Answer True

Your Answer False

Multiple Choice Single AnswerQuestion Delegation is required in which type of organization?

Correct Answer All type of organizations

Your Answer Big type of organizations

Match The Following


Leading companies in thissector of eventmanagement

Whizcraft EntertainmentLtd, Midas Events,Fountain Head


Problems faced by event

management industry

In addition to the

entertainment tax, anevent managementcompany is also requiredto pay service tax

In addition to the


Areas of operations inevent management

Celebrity management,television events


Definition of eventmanagement

Events are theoccurrences designed formarketing interests


Select The Blank


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Your Answer True


Correct Answer The practice of management , Management, tasks,responsibility , Frontiers of Management










Your Answer False



on Asia


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Correct Answer True

Your Answer True



Your Answer related


Correct Answer 1972

Your Answer 1971










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motives , verifying and documenting your information , stickingto the facts


Correct Answer True

Your Answer True


Correct Answer ensures stability and balance , secures employees co-operation, facilitates change in organisation

Your Answer ensures stability and balance , secures employees co-operation, facilitates change in organisation







Select The Blank




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



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Multiple Choice Single AnswerQuestion hat is the fundamental tool employed by managers in directing











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True/FalseQuestion Board members should have an independent sense of judgment.

Correct Answer True

Your Answer False



Your Answer False















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Your Answer True







Match The Following










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Your Answer True







Your Answer ideas












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Multiple Choice Multiple AnswerQuestion RBI's present report on currency and finance divides the sector

intoCorrect Answer consumer services , Govt. services , producer services

Your Answer consumer services , producer services

True/FalseQuestion It is that top leadership fails to teach the MBO philosophy largely

because, very often it is itself not motivated.Correct Answer True

Your Answer True

True/FalseQuestion Pursuit of excellence is an ethical principle.

Correct Answer True

Your Answer False

Multiple Choice Single AnswerQuestion Delegation is required in which type of organization?

Correct Answer All type of organizations

Your Answer Big type of organizations

Match The Following


Leading companies in thissector of eventmanagement



Problems faced by event

management industry

In addition to the


In addition to the

entertainment tax, an eventmanagement company isalso required to payservice tax

Areas of operations inevent management



Definition of eventmanagement



Select The Blank


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Your Answer True


Correct Answer he practice of management , Management, tasks, responsibility, Frontiers of Management










Your Answer False



on Asia


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Correct Answer True

Your Answer True



Your Answer related


Correct Answer 1972

Your Answer 1971










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motives , verifying and documenting your information , sticking tothe facts


Correct Answer True

Your Answer True


Correct Answer ensures stability and balance , secures employees co-operation ,facilitates change in organisation

Your Answer ensures stability and balance , secures employees co-operation ,facilitates change in organisation







Select The Blank




Multiple Choice Multiple AnswerQuestion he family owned businesses like Tata and Birla, also face major

fears likeCorrect Answer Right successor , Stumbling self-confidence , Lack of



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Multiple Choice Single AnswerQuestion What is the fundamental tool employed by managers in directing











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Objectives These are tomorrow's expectation, based on yesterday's achievements and to-day's plans. These are the goals established towards which the organisation activities are

directed

Multiple Choice Single AnswerQuestion Who said, Management is management of Men, Money, Machinery

Materials and Information?Correct Answer Anonymous

Your Answer Anonymous

Multiple Choice Single AnswerQuestion Indian companies are neither technically nor financially sound, they are

always under the threat of

Correct Answer TakeoversYour Answer Restructuring


Question Of which type of knowledge is science a body of?Correct Answer OrganizedYour Answer Specific

Select The Blank

Question ________organizations have systems, mechanisms and processes in place.Correct Answer Learning

Your Answer Modern

Multiple Choice Multiple AnswerQuestion The different kinds of relationships for selecting the span of control would be

:

Correct Answer Cross relationship , Direct group , One to oneYour Answer One to one , Cross relationship , Direct group

Select The BlankQuestion The process of control is complete only when the organisation take ________

action.

Correct Answer correctiveYour Answer corrective


Management Creative Profession

Professional Manager Dynamic Dynamic


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Art Skill Creative

Code of Conduct Profession Science

Predictive Power Science Skill

Multiple Choice Single AnswerQuestion Planning is mainly concerned with looking ahead in the future, what is it that

provides the necessary raw material for correct planning ?Correct Answer Forecasting

Your Answer Forecasting


Question How many rules govern Indian and Foreign insurance companies?Correct Answer 12

Your Answer 13

True/FalseQuestion According to Theory Y, people lack self-motivation and require to be

externally controlled and closely supervised in order to get the maximum output for them.

Correct Answer FalseYour Answer True


Question Research into the average Indian buying habits have brought about thefollowing 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

Select The BlankQuestion Peter Durcker's classic book is known as 'The ________ of management'.Correct Answer Practice

Your Answer Practice

Multiple Choice Multiple AnswerQuestion The names of the experts who have given recent contribution to management

are:Correct Answer William Ouchi , W.Edward Deming , Peter F.Drucker

Your Answer William Ouchi , Elton Mayo , W.Edward Deming


Question Motivating a worker is to create a need and what else on the part of a workerto better his present performance.


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Correct Answer DesireYour Answer Devotion


Question Empathy is particularly important today as a component of leadership for thefollowing

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

True/FalseQuestion Correction of deviations is the point at which control can be seen as a part of

the whole system of management and can be related to other managerial functions.


True/False

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


Question What does Maslow propound about the five needs ?Correct Answer Hierarchy

Your Answer Levels

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 ________is at the core of corporate governance.

Correct Answer trust

Your Answer audit


Question The experts who dealt in Behavioral Sciences are :Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo

Your Answer Max Weber , Vilfredo Pareto , Elton Mayo


Question The service sector has grown because of reasons mentioned below


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Correct Answer tendency of distributing specialized knowledge and technology capitalfor labour in the manufacturing industry , technology no longer gives a competitive edge

to manufacturing activities in the global scenario , as income increases, consumerdemands for services increase faster than those for goods

Your Answer tendency of distributing specialized knowledge and technology capitalfor labour in the manufacturing industry , as income increases, consumer demands forservices increase faster than those for goods , a change in customer demand pattern from

traditional to modern, global stds

True/FalseQuestion The financial structure is not one of the five channels of corporate

governance.Correct Answer FalseYour Answer False


Question The activities of the communicator while communicating a message willinclude,

Correct Answer ideation , encoding , transmissionYour Answer ideation , encoding , transmission

True/FalseQuestion The service sector has not corporatised itself.



Question The service sector has expanded relentlessly in the past decades. Which ofthe following events gave it pre-eminence?

Correct Answer explosion of information technology

Your Answer explosion of information technology

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

Your Answer science

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 professionalmanagement

Your Answer Right successor , Stumbling self confidence , Lack of professionalmanagement

Multiple Choice Multiple AnswerQuestion The various departments that an event management company will have are


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Correct Answer creative , production , client servicingYour Answer creative , production , client servicing

Select The Blank

Question High morale is likely to be associated with superior motivation and lowmorale with ________, and a lack of drive.

Correct Answer frustration

Your Answer stress

Select The BlankQuestion Loyalty to the________should occupy the place before loyalty to the

organization.Correct Answer countryYour Answer society


Question The qualities that matter for International teamwork are,Correct Answer Mutual respect , Sense of time , Team spirit

Your Answer Mutual respect , Sense of time , Team spirit

Select The Blank

Question In an organisation the reports that are in the form of graphs, tables etc, arecalled ________

Correct Answer statistical reportsYour Answer statistical reports

True/False

Question It is said that always lines of communication should be open.Correct Answer TrueYour Answer True

True/False

Question MBO method has been evolved by Peter Drucker (1955).Correct Answer TrueYour Answer True

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

Your Answer Projects

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 its

Correct Answer 81% penetrationYour Answer 60% penetration


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True/False

Question Event management has to pay only entertainment tax not the service tax.Correct Answer False

Your Answer True

True/False

Question Service sector in India dominates half of our national income.Correct Answer True

Your Answer True

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

Your Answer Tamas

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 consumers on the surface


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LIST OF ATTEMPTED QUESTIONS AND ANSWERS pp5


Question Professional managers help organizations in chalking out which type of strategies?Correct Answer CorporateYour Answer Corporate

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 external environmental factors that influence management areCorrect Answer economic changes , political , technologicalYour Answer economic changes , political , technological

Multiple Choice Multiple AnswerQuestion Management is the combination ofCorrect Answer arts , science , professionYour Answer arts , science , profession


Question The features of art is as followsCorrect Answer skill , knowledge , creativity

Your Answer skill , knowledge , creativity


Question Any discipline to be called as profession must fulfill the following conditionsCorrect Answer requires definite period of learning , centralized rule making authority ,




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 Anybodycan become a manager

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

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

Match The Following


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Art Skill Skill

Code of Conduct Profession Profession

Predictive Power Science Science

Management Creative Dynamic

Professional Manager Dynamic Creative

True/FalseQuestion Revenue model is a challenge in the service sector.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The contribution of the service sector to GDP has been less than proportionate toCorrect Answer employmentYour Answer employment

Select The BlankQuestion The scope for retailing in India is great as it is dominated by the________.Correct Answer unorganized sectorYour Answer unorganized sector

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

Multiple Choice Single AnswerQuestion Which of the following is not an area of operation of event management?Correct Answer bankingYour Answer banking

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

True/FalseQuestion Foreign insurance companies can appoint majority directors on the company board.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Life Insurance Corporation was nationalized by merging how many private insurance


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companies?Correct Answer 245

Your Answer 245

Multiple Choice Multiple AnswerQuestion In the insurance sector the rules governing the foreign companies

Correct Answer are 26% of equity participation , affect only special resolutions , do not appointmajority directors on the company board

Your Answer are 26% of equity participation , affect only special resolutions , do not appointmajority directors on the company board


Question 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


Multiple Choice Multiple AnswerQuestion The objectives in corporate governance areCorrect Answer growth , stability , shareholders value maximizationYour Answer growth , stability , shareholders value maximization

Select The BlankQuestion Individuals are encouraged to develop________,to speak out, to challenge actions.Correct Answer ideasYour Answer ideas

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

Correct Answer SuccessYour Answer Success

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

Multiple Choice Single AnswerQuestion What is the authority for the SBU which is delegated to each person heading it, and

can adapt quickly to any environmental change?Correct Answer Decision-making

Your Answer Decision-making

Multiple Choice Single AnswerQuestion Intelligence quotient is the measurement of one's ?Correct Answer Intelligence

Your Answer Intelligence

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

Your Answer False

Select The Blank


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Question Being ________ requires high level of optimism and persistence despite rejection.Correct Answer Self-Motivated

Your Answer Self-Motivated

Multiple Choice Multiple AnswerQuestion The experts who dealt in Behavioral Sciences are :

Correct Answer Max Weber , Vilfredo Pareto , Elton MayoYour Answer Max Weber , Vilfredo Pareto , Elton Mayo

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

Your Answer Style , Staff , Skills

True/FalseQuestion Unity of command means that employees should receive orders from one superior

only.


True/FalseQuestion W.Edward Deming introduced quality control in Japan.


Multiple Choice Multiple AnswerQuestion The characteristics of knowledge worker would beCorrect Answer egoistic , right conscious

Your Answer egoistic , right conscious

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

Your Answer Tamas

Select The BlankQuestion It is said that waking and dream world are both illusions, according to vedanta world

as ________.

Correct Answer Maya MithyaYour Answer Maya Mithya

Multiple Choice Single AnswerQuestion Successful consultants should promote their consultancy through what ?

Correct Answer NetworkYour Answer Network

Multiple Choice Multiple AnswerQuestion Under the role of management consultant, consultant acts as a

Correct Answer Motivator , Leader , CounselorYour Answer Motivator , Leader , Counselor

Multiple Choice Single AnswerQuestion Planning is based on future conditions which are dynamic, hence it is said to be

Correct Answer FlexibleYour Answer Continuous


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Multiple Choice Multiple AnswerQuestion The process of forecasting is based on

Correct Answer Future trends , Current analysis , Past performance

Your Answer Future trends , Current analysis , Past performance

True/False

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

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


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


True/FalseQuestion the heart of administration is the directing function.


Select The BlankQuestion Maintaining discipline and ________ those who perform properly, is an element of

direction.

Correct Answer controllingYour Answer rewarding

Select The BlankQuestion Managerial function of control is the ________ and correction of performance of

various activities.Correct Answer measurementYour Answer measurement


Question Which modern trend calls for systematic attempt at controlling ?Correct Answer DecentralisationYour Answer Decentralisation


Question "Control maintains the equilibrium between ends and means, output and efforts' byaccording to

Correct Answer Peter DruckerYour Answer Peter Drucker


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Multiple Choice Multiple AnswerQuestion Some of the popular forecasts are

Correct Answer Specific industry forecast , Demand forecast , Salesforecast

Your Answer Demand forecast , Sales forecast , Specific industryforecast

Select The BlankQuestion There are ________ forces of competition.

Correc

principles & practices of mgmt combined

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