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
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 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
Match The Following
Question
Correct Answer
Your Answer
Management is a multipurpose
organ
That manages a business
That manages a business
Management is understood by
performance
Management is what
management does
Management is what
management does
Management requires learning
Art requires knowledge
Art requires knowledge
Science is developed
Over a period of time
Over a period of time
Management as a discipline
Has no centralized rule-making
authority
Has no centralized rule-making
authority
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 external environmental factors that influence management are
Correct Answer Economic , Political , Technological
Your Answer
Economic , Political , Technological
Select The Blank
Question
Closed mind, attitudes, ego, status, consciousness are ________ barriers.
Correct Answer Psychological
Your Answer
Psychological
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
Select The Blank
Question
Actuary is one who specializes in the________of insurance.
Correct Answer mathematics
Your Answer
mathematics
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
What can act as a self-regulation enabler?
Correct Answer Audit
Your Answer
Audit
True/False
Question
The financial structure is not one of the five channels of corporate governance.
Correct Answer False
Your Answer
False
True/False
Question
Insider trading issue is an important aspect of corporate governance.
Correct Answer True
Your Answer
True/False
True
Question
Learning organizations should be adaptive to their internal environment.
Correct Answer False
Your Answer
True
Select The Blank
Question
Profiting both qualitatively and quantitatively the competencies of the organization is
called________planning
Correct Answer capability
Your Answer
capability
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
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 , faster market groups , falling trade barriers
Multiple Choice Single Answer
Question
Who introduced Emotional Quotient in the book emotional intelligence ?
Correct Answer Daniel Goleman
Your Answer
Daniel Goleman
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
Match The Following
Question
Correct Answer
Your Answer
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
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
This component allows you to
settle disputes amicably
settle disputes amicably
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
Price competition , Advertising battles , Product introduction
Select The Blank
Question
Frederic W.Taylor's middle name is ________.
Correct Answer Winslow
Your Answer
Winslow
Multiple Choice Single Answer
Question
Which kind of approach did Fayol contributed to the management literature?
Correct Answer Functional
Your Answer
Managerial
True/False
Question
Federick W.Taylor is referred to as 'father of modern management theory'.
Correct Answer False
Your Answer
False
True/False
Question
Management is always defined as dynamic, universal, ever-changing subject.
Correct Answer True
Your Answer
True
True/False
Question
Robert Owen was a railroad builder in America.
Correct Answer False
Your Answer
False
Select The Blank
Question
The purpose of life is to raise from ________ to rajas
Correct Answer Tamas
Your Answer
Tamas
Multiple Choice Single Answer
Question
Who emphasized that king, as a head of the state has to be virtuous and self
disciplined
Correct Answer Sukrayacharya
Your Answer
Sukrayacharya
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
Multiple Choice Single Answer
Question
What type of industry is consulting
Correct Answer Knowledge
Your Answer
Knowledge
Multiple Choice Single Answer
Question
Planning is based on future conditions which are dynamic, hence it is said to be
Correct Answer Flexible
Your Answer
Flexible
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
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
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
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
Planning depends on authenticity and ________ of information.
Correct Answer Reliability
Your Answer
Reliability
Select The Blank
Question
Training your subordinate means ________ them.
Correct Answer Motivating
Your Answer
Motivating
Multiple Choice Single Answer
Question
State the barriers to delegation of authority?
Correct Answer Over-confidence
Your Answer
Over-confidence
Multiple Choice Single Answer
Question
One of the factors determining decentralization of authority is :
Correct Answer Uniformity of policy
Your Answer
Uniformity of policy
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
True/False
Question
Control techniques affect the degree of decentralization.
Correct Answer True
Your Answer
True
Multiple Choice Single Answer
Question
What constitutes the life-spark of an enterprise ?
Correct Answer Directing
Your Answer
Directing
Multiple Choice Multiple Answer
Question
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 Blank
Question
Maintaining discipline and ________ those who perform properly, is an element of
direction.
Correct Answer controlling
Your Answer
controlling
Multiple Choice Multiple Answer
Question
Budgetary control involves budgets such as
Correct Answer sales , production , cash
Your Answer
sales , production , cash
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
One of the causes of low morale would be
Correct Answer No delegation of authority
Your Answer
No delegation of authority