Wednesday, February 22, 2012

Management Quiz - 33 (MBA Question Bank)

1. During the 1950s, Herbert Simon, an economist, offered the concept of bounded rationality, whichsuggests that the ability of managers to be completely rational in making decisions is limited bycertain factors. Therefore, the use of bounded rationality leads to
[A]A satisficing decision
[B]A long and drawn-out decision-making process
[C]A very poor decision
[D]A very high number of alternatives from which to choose

2. One of the major contingency approaches to leadership is Paul Hersey and Kenneth H. Blanchard’sSituational Leadership Model. According to this Model, which of the following leadership styleswould be most appropriate for someone with very low maturity?
[A]High relationship behavior and high task behavior
[B]High relationship behavior and low task behavior
[C]Low relationship behavior and high task behavior
[D]Low relationship behavior and low task behavior

3. Planning can be defined as the process by which managers set missions and objectives, assess thefuture and develop courses of action to accomplish these objectives. The amount of time spent inplanning would be the greatest for which of the following levels of management?
[A]Lower-level management
[B]Middle-level management
[C]First-line supervisors
[D]Upper-level managers

4. On the basis of his studies, Fiedler identified three critical dimensions of the leadership situation.Which of the following are two of the three critical dimensions that Fiedler felt were important indetermining leader effectiveness?
[A]Leader-member relations and maturity of followers
[B]Task structure and leader-member relations
[C]Maturity of organization and subordinates
[D]Organizational success and position power

5. When a Managing Director/Chairman creates a new department and defines the authority of thisdepartment within that organization, this is part of which function of management?

6. According to research carried out by Ohio University researchers, leadership behavior that reflectsfriendship, mutual trust, respect, and warmth in the relationship between leader and followers is
[A]Employee-centered behavior
[B]Consideration behavior
[C]Job-centered behavior
[D]Structure behavior

7. The kind of control in which, the cause of an unsatisfactory outcome is traced back to the individualsresponsible for it and they are made to correct their practices is called
[A]Direct control
[B]Indirect control
[C]Positive control
[D]Preventive control

8. The enterprise self-audit is designed to force managers overcome troubles and adapt to the changingexternal environment. Which of the following statements regarding enterprise self-audit is false?
[A]It is usually carried out annually or every 3-5 years
[B]The outlook of the industry in which the firm is operating is studied
[C]Employee satisfaction levels are evaluated
[D]The firm’s objectives, plans, policies and facilities are re-examined

9. A thorough understanding of managerial principles, functions and techniques and management philosophy is necessary for a broad application of the principles of preventive control. All of thefollowing are assumptions of preventive control except
[A]The applications of management fundamentals can be evaluated
[B]Well qualified managers make minimum mistakes
[C]Managerial performance cannot be measured by using management fundamentals
[D]Some factors are beyond the control of the manager

10. An effective preventive control system is one of the best methods for bringing about continuousimprovement in an organization. All of the following are steps for implementing effective control except
[A]The root cause of problems should be identified
[B]Training should be provided to employees
[C]All decisions should be taken at the top level
[D]Preventive action report forms have to be provided to employees

11. In the area of diversity, establishing task forces or committees to explore issues and provide ideas, carefully choosing work assignments to support the career development of all employees, and evaluating the extent to which diversity goals are being achieved, would most likely be classified under which of the following managerial roles?

12. When a General Manager tries to resolve a dispute between marketing department and the production department on rescheduling of orders, he is acting in which managerial role of Mintzberg?
[B]Disturbance handler

13. Which of the following skills is most important for first level managers and includes knowledge of and proficiency in activities involving methods, processes, and procedures?

14. Managerial functions are general administrative duties that need to be carried out in virtually all productive organizations. When a General Manager is trying to determine the number of personnel required for achieving the forecasted targets, it comes under which type of management function?

15. The Gantt Chart was invented by Henry L. Gantt. It is still used today in the production planning area of many organizations. It was the first simple visual device to maintain production control. The chart visually shows when tasks are supposed to be done and compares that with the
[A]Scheduled delivery of materials
[B]Supervisors’ estimate of completion
[C]Customer’s requested date of delivery
[D]Actual progress on each