1. Ethical concepts include: a) Ethical subjectivism b) Consequentialism c) Ethics of Virtue d) Ethical objectivism 2. Planning on what is said as good as no planning a) Paper b) Board c) File d) Report 3. Charles Babbage built the first prototype of modern 5. . is the end of deliberate policy in making delegation of authority to the lowest levels in the managerial hierarchy. 6. Some of the popular forecasts are a) Demand forecast b) Sales forecast c) Policy forecast d) Specific industry forecast 7. The contribution of the service sector to GDP has been less than proportionate to a) industry b) management c) environment d) employment 8. Learning organizations must cope with challenge and a) b) uncertainty struggle c) competition d) 9. speed Research indicates that the limbic system learns best through a) motivation b) extended practice c) feedback d) response 10. Some of the management functions mentioned by Henry Fayol are : a) Planning b) Control c) Co-ordination d) Accounting 11. A study by a consultant at Kearney has projected that the organized retail business in India would be worth 12. by 2005. Who said, 'Direction is telling people what to do and seeing that they do it to the best of their ability'. a) Koontz b) Drucker c) Fayol d) Dale 13. What is vital to all management activities and helps to set definite objectives, prepare plans of action and introduce innovations ? a) Decision making 14. b) Motivation c) Planning d) Direction Encore events is a leading Indian event management form. True False 15. W.Edward Deming introduced quality control in 16. . A set of actions that you start with and must maintain is also called as 17. . You should never measure the process and develop tools that will measure your progress. True False 18. Management is not just a a) Creation b) Performance c) Application d) Process 19. New companies feel that 20. is the most appropriate type of alliance. The various tools employed by the companies to improve and sustain employee morale a) retention of authority b) building of responsibility c) rotation of jobs d) job enrichment 21. Parting with authority means parting with friendship. True False 22. Under the role of management consultant, consultant acts as a a) Motivator b) Leader c) Friend d) Counselor 23. "Measuring Intellectual Capital" is one of the examples of performance measurement. True False 24. In addition to Place, Labor and Money which other internal environment Factor influences Management? a) Technology b) Machines c) Scientists d) Professionals 25. Decentralization would be preferred in large sized units. True False 26. What does "Control" set up for the organisation ? a) Objectives b) Targets c) Goals d) Standards 27. MBO was invented by 27. . Planning and control are closely interrelated and they do not determine the accuracy of decisionmaking. True False 28. Delegation becomes a necessity due to the following reasons: a) Structure of authority b) Accountability c) Superiors need to address important issues d) Superiors need to achieve recognition 29. Whose feelings and difficulties should the manager know for direction to become effective ? a) Management b) Subordinates c) Superiors d) Employees 30. Limitation of control are a) external factors b) internal factors c) fixing of responsibility d) variation and its causes 31. is one of the major barriers to entry. 32. Name the leading event management companies in India a) Yugtara b) Midas c) Pinnacle d) Wizcraft 33. One of the key features of services is that they are a) innovative b) non-perishable c) tangible d) intangible 34. 1. Fundamental functions of management 1. Management is an economic organ of industrial society 2. Characteristic of management 2. Management is dynamic 3. Scope of management 3. Management is an endeavour to achieve the predetermined objectives 4. Feature of management 4. Planning, organizing, actuating and controlling 5. Management is an inter-disciplinary approach 6. Concept of "Management" is that the art behind beauty is management 35. India should borrow management skill from other countries but one should never borrow the use of the mechanical arts and applied sciences - True False 36. 37. 1. Management can be applied everywhere 1. Management is universal 2. Management is dynamic 2. Instead of intuition 3. Manager does not require any specific qualification 4. Knowledge based decision-making. 3. Changes as per time 5. Professional managers may have only salarystake 5. Question of accountability of Performance 4. Anybody can become a manager Peter Drucker various publications have sold about 5 -6 million copies worldwide. True False 38. behaviour is obtained when there is a one-way transmission of orders from superior to subordinates. 39. Management is a) 40. 41. 41. Interactive b) Interpretative c) Multidisciplinary d) Interplanetary Learning organizations are adaptive to their environment The noteworthy in Owen's contribution to management philosophy is the management It is said that, 'Don't follow practices of delegation on '. element in 42. Why do ethical problems result in dilemmas for managers? a) because of the conflict between the individual and organizational interests b) because of the economic motives of an organization c) because of the external environment d) because of the conflict between economic performance and social performance 43. What would essentially shape the growth and future of any economy? a) Corporate laws b) Efficient management practices c) Adequate and quality corporate governance d) Insider training 44. Management is a creative and 45. process. Elements of effective control are a) Understandable b) Complex c) Corrective d) Flexible 46. There are 48. forces of competition. Maharishi Institute of Management has centres in India and abroad. 49. Being self-motivated requires a high level of optimism. 50. An SBU is an independent business with a coherent set of a) 51. products b) competitors c) objectives d) observations Science is a body of which type of Knowledge? a) Assimilated b) Organized c) Superior d) Specific 52. Wrong medium of communication is a physical barrier. True False 53. The 7 S Framework first appeared in 'The Art of Japanese management' by Richard Pascale and Anthony Athos in 1981. True False 54. Management is purposeful and what? a) Objective b) Progressive c) Goal oriented d) Universal 55. Management is the combination of Arts, Science and a) Character b) Vocation c) Dimension d) Profession 56. For most hi-tech service industries the major components are a) Infrastructure b) Knowledge c) labour d) Information technology 57. Safety needs are those where the person feel important and must also receive recognition from others. True False LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question Planning on what is said as good as no planning Correct Answer Paper Your Answer Paper True/False Question Planning and control are closely interrelated and they do not determine the accuracy of decision-making. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Delegation becomes a necessity due to the following reasons: Correct Answer Structure of authority , Accountability , Superiors need to address important issues Your Answer Structure of authority , Accountability , Superiors need to address important issues Multiple Choice Single Answer Question Whose feelings and difficulties should the manager know for direction to become effective ? Correct Answer Subordinates Your Answer Subordinates Multiple Choice Multiple Answer Question Limitation of control are Correct Answer external factors , fixing of responsibility , variation and its causes Your Answer external factors , internal factors , variation and its causes Select The Blank Question ________ is one of the major barriers to entry. Correct Answer Government policy Your Answer Government policy Multiple Choice Multiple Answer Question Name the leading event management companies in India Correct Answer Midas , Pinnacle , Wizcraft Your Answer Midas , Pinnacle , Wizcraft True/False Question India should borrow management skill from other countries but one should never borrow the use of the mechanical arts and applied sciences Correct Answer False Your Answer False Match The Following Question Correct Answer Your Answer Knowledge based decisionmaking. Instead of intuition Instead of intuition Professional managers may have only salary-stake Question of accountability of Performance Question of accountability of Performance 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 Anybody can become a manager True/False Question Peter Drucker various publications have sold about 5 -6 million copies worldwide. Correct Answer True Your Answer True Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary Select The Blank Question Learning organizations are adaptive to their________environment Correct Answer external Your Answer external Select The Blank Question It is said that, 'Don't follow practices of delegation on ________'. Correct Answer Paper Your Answer Paper Multiple Choice Single Answer Question What would essentially shape the growth and future of any economy? Correct Answer Adequate and quality corporate governance Your Answer Efficient management practices Select The Blank Question Management is a creative and________process. Correct Answer continuous Your Answer continuous Multiple Choice Multiple Answer Question Elements of effective control are Correct Answer Understandable , Corrective , Flexible Your Answer Understandable , Corrective , Flexible Select The Blank Question There are ________ forces of competition. Correct Answer Five Your Answer Five 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 Select The Blank Question Maharishi Institute of Management has ________ centres in India and abroad. Correct Answer 18 Your Answer 18 True/False Question Being self-motivated requires a high level of optimism. Correct Answer True Your Answer True Multiple Choice Single Answer Question Science is a body of which type of Knowledge? Correct Answer Organized Your Answer Organized True/False Question Wrong medium of communication is a physical barrier. Correct Answer False Your Answer False Multiple Choice Single Answer Question Management is purposeful and what? Correct Answer Goal oriented Your Answer Goal oriented Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession 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 Charles Babbage built the first prototype of modern ________. Correct Answer Computers Your Answer Computers Match The Following Question Correct Answer Your Answer Kautilya Conception of administration and management Political, Social and Economic Management of state Swami Vivekananda Political, Social and Economic Management of state Setting goals and accomplishing it. Samartha Ramdas Setting goals and accomplishing Existence of self and realisation it. of self King Akbar Creator of social progress and prosperity Creator of social progress and prosperity Select The Blank Question ________ is the end of deliberate policy in making delegation of authority to the lowest levels in the managerial hierarchy. Correct Answer Decentralization Your Answer Centralisation Multiple Choice Multiple Answer Question Some of the popular forecasts are Correct Answer Demand forecast , Sales forecast , Specific industry forecast Your Answer Demand forecast , Sales forecast Multiple Choice Single Answer Question The contribution of the service sector to GDP has been less than proportionate to Correct Answer employment Your Answer industry Multiple Choice Single Answer Question Learning organizations must cope with challenge and Correct Answer uncertainty Your Answer competition Multiple Choice Multiple Answer Question Research indicates that the limbic system learns best through Correct Answer motivation , extended practice , feedback Your Answer extended practice , feedback , response Multiple Choice Multiple Answer Question Some of the management functions mentioned by Henry Fayol are : Correct Answer Planning , Control , Co-ordination Your Answer Planning , Control , Co-ordination Multiple Choice Single Answer Question Who said, 'Direction is telling people what to do and seeing that they do it to the best of their ability'. Correct Answer Dale Your Answer Koontz Multiple Choice Single Answer Question What is vital to all management activities and helps to set definite objectives, prepare plans of action and introduce innovations ? Correct Answer Decision making Your Answer Decision making True/False Question Encore events is a leading Indian event management form. Correct Answer True Your Answer False Select The Blank Question W.Edward Deming introduced quality control in ________. Correct Answer Japan Your Answer Japan Select The Blank Question A set of actions that you start with and must maintain is also called as ________. Correct Answer Strategy Your Answer Objective Multiple Choice Single Answer Question Management is not just a Correct Answer Process Your Answer Process Select The Blank Question New companies feel that________is the most appropriate type of alliance. Correct Answer Joint-venture Your Answer Joint-venture Multiple Choice Multiple Answer Question The various tools employed by the companies to improve and sustain employee morale Correct Answer building of responsibility , rotation of jobs , job enrichment Your Answer building of responsibility , rotation of jobs , job enrichment True/False Question Parting with authority means parting with friendship. Correct Answer False Your Answer False 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 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 Decentralization would be preferred in large sized units. Correct Answer True Your Answer True Multiple Choice Single Answer Question What does "Control" set up for the organisation ? Correct Answer Standards Your Answer Standards