LIST OF ATTEMPTED QUESTIONS AND ANSWERS 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 True/False Question Emotional distress shrinks working memory. Correct Answer True Your Answer True 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 True/False Question Before 1990, Global players were allowed to enter and operate in Indian Market. Correct Answer False Your Answer False Multiple Choice Single Answer Question Name the department which plays a major role in developing a learning organization Correct Answer MIS Your Answer MIS 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 Managerial function of control is the ________ and correction of performance of various activities. Correct Answer measurement Your Answer measurement True/False Question Lower level managers need EQ most. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Under the role of management consultant, consultant acts as a Correct Answer Motivator , Leader , Counselor Your Answer Motivator , Leader , Counselor Select The Blank Question The concept of corporate governance has been attracting________in India. Correct Answer public attention Your Answer public attention 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 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 , Grievances , Expensive device True/False Question The 7 S Framework first appeared in 'The Art of Japanese management' by Richard Pascale and Anthony Athos in 1981. Correct Answer True Your Answer True Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary True/False Question Management is just a list of functions. Correct Answer False Your Answer False True/False Question According to Swami Vivekananda people have intuition or sacred power to face difficult task. Correct Answer True Your Answer True True/False Question Anybody can become a manager Correct Answer True Your Answer False 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 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 frustration Multiple Choice Single Answer Question 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 training Your Answer Management training 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 Multiple Choice Multiple Answer Question The experts who dealt in Behavioral Sciences are : Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo Your Answer Vilfredo Pareto , Elton Mayo Match The Following Question Correct Answer Your Answer Feature of management Management is dynamic Management is dynamic Fundamental functions of management Planning, organizing, actuating and controlling Management is an economic organ of industrial society Characteristic of management Management is an endeavour Planning, organizing, actuating to achieve the pre-determined and controlling objectives Scope of management Management is an interdisciplinary approach Management is an endeavour to achieve the pre-determined objectives 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 Multiple Choice Multiple Answer Question EQ is born largely in the neurotransmitters if the brains limbic system that governs Correct Answer drives , impulses , feelings Your Answer drives , impulses , feelings 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 Single Answer Question Why do ethical problems result in dilemmas for managers? Correct Answer because of the conflict between economic performance and social performance Your Answer because of the conflict between economic performance and social performance True/False Question The essence of MBO is mutual consultation, mutual understanding and selfmotivation to work as a part of the team to achieve objectives. Correct Answer True Your Answer False Multiple Choice Single Answer Question Span of management depends upon the ability of whom? Correct Answer Employees Your Answer Environment Multiple Choice Single Answer Question Name the industrial activity where 'Buying, selling and exchanging takes place'. Correct Answer Commercial Your Answer Commercial Multiple Choice Multiple Answer Question The characteristics of knowledge worker would be Correct Answer egoistic , right conscious Your Answer egoistic , right conscious Multiple Choice Single Answer Question Science is a body of which type of Knowledge? Correct Answer Organized Your Answer Organized Select The Blank Question Learning from mistakes is often more powerful than learning from________. Correct Answer Success Your Answer Experience Select The Blank Question A set of actions that you start with and must maintain is also called as ________. Correct Answer Strategy Your Answer Strategy Multiple Choice Multiple Answer Question What are the common challenges faced by the retail business? Correct Answer Special mindset to develop special strategies , Coping with the change Your Answer The cultural aspect , Special mindset to develop special strategies , Coping with the change True/False Question Unity of command means that employees should receive orders from one superior only. Correct Answer True Your Answer True Select The Blank Question To enhance emotional intelligence, ________ must refocus their training to include the limbic system. Correct Answer Organisations Your Answer Organisations 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 Multiple Choice Multiple Answer Question 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 , Peter F.Drucker Match The Following Question Correct Answer Your Answer W.Edward Deming Introduced quality control in Japan Introduced quality control in Japan Henry Fayol Referred to as 'The father of modern management theory' Referred to as 'The father of modern management theory' Federick W.Taylor Referred to as 'The father of scientific management' Referred to as 'The father of scientific management' Vilfredo Pareto Referred to as 'The father of the social systems approach' to organization and management Referred to as 'The father of the social systems approach' to organization and management True/False Question Professional management signifies separation of ownership and management Correct Answer True Your Answer True Select The Blank Question One of the fears family owned businesses fear is the successful planning to the get the right person after the business ________. Correct Answer Pioneer Your Answer Pioneer 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 Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession True/False Question Science is a body of organized knowledge. Correct Answer True Your Answer True Select The Blank Question Costliness of the ________ is the overriding factor determining the extent of decentralization. Correct Answer Decision Your Answer Decision Multiple Choice Single Answer Question The share of services in GDP changes with the economic cycle. A cyclical upturn would thus result in Correct Answer Resource allocation away from the service sector Your Answer Resource allocation towards the manufacturing sector