LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question What is the fundamental tool employed by managers in directing their subordinates ? Correct Answer Order Your Answer Order True/False Question MBO method has been evolved by Peter Drucker (1955). Correct Answer True Your Answer True True/False Question Control techniques affect the degree of decentralization. Correct Answer True Your Answer True Select The Blank Question The term ________ refers to a specific administrative directive prescribing the sequential manner in which a repetitive activity is to be initiated and completed in a goal - oriented manner. Correct Answer procedure Your Answer procedure Multiple Choice Single Answer Question Whose feelings and difficulties should the manager know for direction to become effective ? Correct Answer Subordinates Your Answer Subordinates True/False Question In delegation a superior transfer some duties and responsibilities to his subordinates. Correct Answer False Your Answer False Multiple Choice Single Answer Question Under the disadvantages of strategic business units what is that which is difficult to maintain in its uniformity? Correct Answer Corporate image Your Answer Corporate image Select The Blank Question A superior should always establish a ________ control so that his subordinates report to him periodically. Correct Answer Feedback Your Answer Feedback Multiple Choice 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 did chanakya write ? Correct Answer Arthashastra Your Answer Arthashastra Multiple Choice Multiple Answer Question Unethical acts are results of the following factors: Correct Answer unawareness and insensitivity to issues , selfishness , faulty reasoning Your Answer unawareness and insensitivity to issues , selfishness , faulty reasoning Multiple Choice Single Answer Question How many forces of competition are there according to Michael E. Porter? Correct Answer Five Your Answer Five Select The Blank Question To solve the HR issues, one of the remedy is to emphasis on overall ________ development through training and exposure. Correct Answer Personality Your Answer Professional Select The Blank Question Producer services are trade,________communication and financial services. Correct Answer transport Your Answer transport Multiple Choice Multiple Answer Question The various tools for corporate governance are Correct Answer audit , professionalism , proper functioning of the board Your Answer audit , professionalism , proper functioning of the board True/False Question Economic consideration do not affect the choice of span. Correct Answer False Your Answer False Multiple Choice Single Answer Question To become a successful consultant, name the skill required Correct Answer negotiation Your Answer negotiation Select The Blank Question ________ says you are the product of your past and you are bound by past activities. Correct Answer Law of destiny Your Answer Law of Karma Select The Blank Question To establish contact with the creator ________ helps us to transfer our minds and reach at the goal. Correct Answer Yogic processes, social norms and values Your Answer Yogic processes, social norms and values Multiple Choice Single Answer Question Some managements who are very much intimated by consulting firms, what are they likely to loose Correct Answer Confidence Your Answer Confidence True/False Question Learning from mistakes is often more powerful than learning from success. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The defination of decision involves following characteristics Correct Answer Involves Rationality , Involves Commitment , Involves Mental Process Your Answer Involves Rationality , Involves Commitment , Involves Mental Process Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal 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 , current date analysis , break-even analysis Multiple Choice Single Answer Question Name the need under the level of hierarchy which has the highest potency and a person who lacks basic necessities of life will primarily be motivated by such needs Correct Answer physiological Your Answer physiological Select The Blank Question ________ is effective only in big organizations. Correct Answer Decentralization Your Answer Decentralization Multiple Choice Multiple Answer Question Budgetary control involves budgets such as Correct Answer sales , production , cash Your Answer sales , production , cash Select The Blank Question The concept of corporate governance has been attracting________in India. Correct Answer public attention Your Answer public attention Select The Blank Question The retailing sector in India has been quite________. Correct Answer staid and boring Your Answer staid and boring Multiple Choice Single Answer Question Name one of the disadvantages of strategic business units Correct Answer Distortion of information Your Answer Distortion of information Multiple Choice Multiple Answer Question The family owned businesses like Tata and Birla, also face major fears like Correct Answer Right successor , Stumbling self-confidence , Lack of professional management Your Answer Right successor , Stumbling self-confidence , Lack of professional management Select The Blank Question Maharishi Institute of Management has ________ centres in India and abroad. Correct Answer 18 Your Answer 20 Multiple Choice Multiple Answer Question Under McKinsey's 7 S model, the soft S's are: Correct Answer Style , Staff , Skills Your Answer Style , Staff , Skills Multiple Choice Multiple Answer Question The factors measuring the morale of the workers and ascertain whether it is increasing or diminishing can be listed as Correct Answer Absenteeism , No. of accidents , Grievances Your Answer Absenteeism , No. of accidents , Grievances Multiple Choice Single Answer Question 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% penetration Your Answer 81% penetration True/False Question Management is the combination of Arts, Science and profession. Correct Answer True Your Answer True True/False Question 'Span of control' is also referred to as span of management. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Knowledge based decision-making. Instead of intuition Instead of intuition Professional managers may have only salarystake Question of accountability Question of accountability of Performance of Performance Management can be applied everywhere Management is universal Management is universal Management is dynamic Changes as per time Manager does not require Anybody can become a any specific qualification manager Changes as per time Anybody can become a manager Multiple Choice Multiple Answer Question The general management challenges faced by the service sector are Correct Answer Communicating the concept , Differentiating factors , Revenue model Your Answer Communicating the concept , Differentiating factors , Revenue model Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Location Select The Blank Question ________ provide all types of help required to make the business more efficient and profitable. Correct Answer Consultants Your Answer Consultants Multiple Choice Multiple Answer Question The key management processes in the learning organizations would be Correct Answer competitor analysis , performance measurement , capability planning Your Answer competitor analysis , performance measurement , capability planning Multiple Choice Single Answer Question Management is said to be the combination of three factors, arts, science and the third is Correct Answer profession Your Answer profession True/False Question Taj Mahal are living symbols of 'creation and result of management practices'. Correct Answer True Your Answer True/False Question True Financial institutions should maintain a close relationship to seek a seat on the board. Correct Answer False Your Answer False True/False Question Ethics of statute tries to explore the traits which help the person to lead a life that is satisfying from an ethical point of view. Correct Answer False Your Answer True Match The Following Question Correct Answer Philosophy of scientific management Development of each man Development of each man to his capacity and ability to his capacity and ability Six industrial activities Technical, commercial, financial, accounting, security management Technical, commercial, financial, accounting, security management Five management functions Planning, organizing, commanding, coordination, control Planning, organizing, commanding, coordination, control Four supervisors at implementation department Gang boss, speed boss, repair boss, inspector Gang boss, speed boss, repair boss, inspector Your Answer