LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question
What should be clarified in the initial steps of delegation process?
Correct Answer Assignment
Your Answer
Assignment
Multiple Choice Single Answer
Question
Which type of financiers are early shareholders?
Correct Answer large
Your Answer
large
Multiple Choice Multiple Answer
Question
Budgetary control involves budgets such as
Correct Answer sales , production , cash
Your Answer
sales , production , variation
True/False
Question
Successful consultants must be foreign culture savvy.
Correct Answer True
Your Answer
True
Multiple Choice Single Answer
Question
An Indian consumer is
Correct Answer one of the most diverse and demanding
Your Answer
one of the most diverse and demanding
Multiple Choice Single Answer
Question
Organization is apart of which type of system?
Correct Answer Social
Your Answer
True/False
Human
Question
Learning from mistakes is often more powerful than learning from
success.
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 , comparison and
correctiveness
Multiple Choice Multiple Answer
Question
The external environmental factors that influence management are
Correct Answer Economic , Political , Technological
Your Answer
Economic , Political , Technological
Select The Blank
Question
Advantage of delegation of authority results in prompt ________.
Correct Answer Decision-making
Your Answer
Co-ordinating
True/False
Question
Delegation has basically five degrees - zero, low, moderate, high and
fifth degree.
Correct Answer True
Your Answer
False
Select The Blank
Question
MBO was invented by ________.
Correct Answer Peter Drucker
Your Answer
Peter Drucker
Select The Blank
Question
General Insurance corporation was nationalized in________.
Correct Answer 1972
Your Answer
1972
Multiple Choice Single Answer
Question
The person who does not limit the interactions and decisions just to
logical approach, but continuously encourages his team members to
think non-logically is
Correct Answer Leader
Your Answer
Leader
Multiple Choice Single Answer
Question
Name the type of the supervisor who takes care of the number being
produced today.
Correct Answer Speed Boss
Your Answer
Gang boss
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 , Reward delegation , Appropriate reporting
system
Multiple Choice Single Answer
Question
What type of industry is consulting
Correct Answer Knowledge
Your Answer
Professional
Multiple Choice Single Answer
Question
What articulates the long-term goals of an enterprise ?
Correct Answer Vission Statement
Your Answer
Mission Statement
Select The Blank
Question
The four A's of the service section are acceptability,________,
affordability, availability.
Correct Answer awareness
Your Answer
awareness
True/False
Question
An organization consists of individuals in which their formal roles and
structural positions bring them closer.
Correct Answer True
Your Answer
True
Select The Blank
Question
Brands are associated with lifestyles and people's________.
Correct Answer aspirations
Your Answer
satisfaction
Multiple Choice Single Answer
Question
What percentage does the organized sector within the retailing sector
represent?
Correct Answer just 2%
Your Answer
just 2%
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 Single Answer
Question
Who said, the heart of administration is the directing function.
Correct Answer Dimock
Your Answer
Dimock
Multiple Choice Multiple Answer
Question
Select the essentials of the policy formulation of the following.
Correct Answer positive , definite , clear
Your Answer
sound , positive , definite , clear
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 , Beaurocratic
Multiple Choice Multiple Answer
Question
The steps included in the process of MBO are
Correct Answer Preliminary setting of goals at the top , Clarification of organisational
goals , Recycling of objectives
Your Answer
Preliminary setting of goals at the top , Clarification of organisational
goals , Recycling of objectives
True/False
Question
Robert Owen was a railroad builder in America.
Correct Answer False
Your Answer
False
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 , Poor listening
Select The Blank
Question
Management as a discipline is the function of________.
Correct Answer creativity
Your Answer
science
Multiple Choice Multiple Answer
Question
Emotional intelligence is said to be the ability to sense, understand
and effectively apply the power and acumen of emotions as a source
of
Correct Answer information , trust , human energy
Your Answer
information , trust , human energy
Match The Following
Question
Correct Answer
Your Answer
Service sector is not
influenced by this system
licensing system
licensing system
Functional management
challenges
Management accounting
and taxation
Management accounting and
taxation
Corporatization of services Accountants
Reason for expansion of
service sector
This influences the service
sector
Failure to sustain an
Failure to sustain an
advantage in manufacturing advantage in manufacturing
activities
activities
True/False
Question
Positive morale definitely influences the productivity of a group and
reduces the amount of supervision necessary for the desired output.
Correct Answer True
Your Answer
True
Multiple Choice Multiple Answer
Question
The channels through which corporate governance may bear on
performance are
Correct Answer managerial incentives , disciplining , corporate restructuring
Your Answer
disciplining , corporate restructuring
Select The Blank
Question
________ learning requires skills for sharing information and
knowledge, particularly implicit knowledge, assumptions and benefits
that are traditionally beneath the surface.
Correct Answer Collective
Your Answer
Effective
Select The Blank
Question
The directors should show________and commitment to their job.
Correct Answer interest
Your Answer
interest
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 , Feedback control is established , No
delegation has occurred
Select The Blank
Question
________ is the ability to sense, understand and effectively apply
emotion.
Correct Answer Emotional Intelligence
Your Answer
Emotional Quotient
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 , Past performance , Production
trends forecasts
Multiple Choice Single Answer
Question
What is essential for the management to get things done in the
organization?
Correct Answer Delegation
Your Answer
Decision
Multiple Choice Single Answer
Question
Where is the attack on business families coming from
Correct Answer Transnationals
Your Answer
Government
True/False
Question
In delegation a superior transfer some duties and responsibilities to
his subordinates.
Correct Answer False
Your Answer
True
Select The Blank
Question
Latest approach signifies organization has a part of ________
system.
Correct Answer Social
Your Answer
Social
True/False
Question
Professional management signifies separation of ownership and
management.
Correct Answer True
Your Answer
True
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
Safety needs are those where the person feel important and must
also receive recognition from others.
Correct Answer False
Your Answer
False
Select The Blank
Question
________ with sympathy can reduce some of the daily frustrations in
organised life and result in better communication.
Correct Answer Listening
Your Answer
Listening