LIST OF ATTEMPTED QUESTIONS AND ANSWERS
pp5
Multiple Choice Single Answer
Question Professional managers help organizations in chalking out which type of strategies?
Correct Answer Corporate
Your Answer Corporate
Multiple Choice Multiple Answer
Question Features of Management are as follows
Correct Answer goal oriented , universal , continuous process
Your Answer goal oriented , universal , continuous process
Multiple Choice Multiple Answer
Question Management is multidisciplinary, it includes knowledge/ information from
Correct Answer economics , maths , psychology
Your Answer economics , maths , psychology
Multiple Choice Multiple Answer
Question The external environmental factors that influence management are
Correct Answer economic changes , political , technological
Your Answer economic changes , political , technological
Multiple Choice Multiple Answer
Question Management is the combination of
Correct Answer arts , science , profession
Your Answer arts , science , profession
Multiple Choice Multiple Answer
Question The features of art is as follows
Correct Answer skill , knowledge , creativity
Your Answer skill , knowledge , creativity
Multiple Choice Multiple Answer
Question Any discipline to be called as profession must fulfill the following conditions
Correct Answer requires definite period of learning , centralized rule making authority , enforceable
code of conduct
Your Answer requires definite period of learning , centralized rule making authority , enforceable code
of conduct
Match The Following
Question Correct Answer Your Answer
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
Knowledge based decision-making. Instead of intuition Instead of intuition
Professional managers may have only salary-stake Question of accountability of Performance Question
of accountability of Performance
Match The Following
Question Correct Answer Your Answer
Art Skill Skill
Code of Conduct Profession Profession
Predictive Power Science Science
Management Creative Dynamic
Professional Manager Dynamic Creative
True/False
Question Revenue model is a challenge in the service sector.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question The contribution of the service sector to GDP has been less than proportionate to
Correct Answer employment
Your Answer employment
Select The Blank
Question The scope for retailing in India is great as it is dominated by the________.
Correct Answer unorganized sector
Your Answer unorganized sector
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
Select The Blank
Question Events are occurrences designed for ________ interests.
Correct Answer marketing
Your Answer marketing
Multiple Choice Single Answer
Question Which of the following is not an area of operation of event management?
Correct Answer banking
Your Answer banking
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 Foreign insurance companies can appoint majority directors on the company board.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Life Insurance Corporation was nationalized by merging how many private insurance
companies?
Correct Answer 245
Your Answer 245
Multiple Choice Multiple Answer
Question In the insurance sector the rules governing the foreign companies
Correct Answer are 26% of equity participation , affect only special resolutions , do not appoint
majority directors on the company board
Your Answer are 26% of equity participation , affect only special resolutions , do not appoint majority
directors on the company board
Multiple Choice Multiple Answer
Question Future of Insurance sector would be
Correct Answer new players taking over the market , improved customer service , strong hold of
nationalized players
Your Answer new players taking over the market , improved customer service , strong hold of
nationalized players
Multiple Choice Multiple Answer
Question The objectives in corporate governance are
Correct Answer growth , stability , shareholders value maximization
Your Answer growth , stability , shareholders value maximization
Select The Blank
Question Individuals are encouraged to develop________,to speak out, to challenge actions.
Correct Answer ideas
Your Answer ideas
Select The Blank
Question Learning from mistakes is often more powerful than learning from________.
Correct Answer Success
Your Answer Success
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
Multiple Choice Single Answer
Question What is the authority for the SBU which is delegated to each person heading it, and can
adapt quickly to any environmental change?
Correct Answer Decision-making
Your Answer Decision-making
Multiple Choice Single Answer
Question Intelligence quotient is the measurement of one's ?
Correct Answer Intelligence
Your Answer Intelligence
True/False
Question Decreased productivity is a cost of low IQ.
Correct Answer False
Your Answer False
Select The Blank
Question Being ________ requires high level of optimism and persistence despite rejection.
Correct Answer Self-Motivated
Your Answer Self-Motivated
Multiple Choice Multiple Answer
Question The experts who dealt in Behavioral Sciences are :
Correct Answer Max Weber , Vilfredo Pareto , Elton Mayo
Your Answer Max Weber , Vilfredo Pareto , Elton Mayo
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
True/False
Question Unity of command means that employees should receive orders from one superior only.
Correct Answer True
Your Answer True
True/False
Question W.Edward Deming introduced quality control in Japan.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question The characteristics of knowledge worker would be
Correct Answer egoistic , right conscious
Your Answer egoistic , right conscious
Select The Blank
Question The purpose of life is to raise from ________ to rajas
Correct Answer Tamas
Your Answer Tamas
Select The Blank
Question It is said that waking and dream world are both illusions, according to vedanta world as
________.
Correct Answer Maya Mithya
Your Answer Maya Mithya
Multiple Choice Single Answer
Question Successful consultants should promote their consultancy through what ?
Correct Answer Network
Your Answer Network
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 Planning is based on future conditions which are dynamic, hence it is said to be
Correct Answer Flexible
Your Answer Continuous
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 Demand forecast is one of the popular forecasts.
Correct Answer True
Your Answer True
Select The Blank
Question Advantage of delegation of authority results in prompt ________.
Correct Answer Decision-making
Your Answer Decision-making
True/False
Question Delegation and decentralization are closely related to each other.
Correct Answer True
Your Answer True
True/False
Question the heart of administration is the directing function.
Correct Answer True
Your Answer True
Select The Blank
Question Maintaining discipline and ________ those who perform properly, is an element of direction.
Correct Answer controlling
Your Answer rewarding
Select The Blank
Question Managerial function of control is the ________ and correction of performance of various
activities.
Correct Answer measurement
Your Answer measurement
Multiple Choice Single Answer
Question Which modern trend calls for systematic attempt at controlling ?
Correct Answer Decentralisation
Your Answer Decentralisation
Multiple Choice Single Answer
Question "Control maintains the equilibrium between ends and means, output and efforts' by
according to
Correct Answer Peter Drucker
Your Answer Peter Drucker