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Saturday, March 10, 2012

Management Quiz - 44 (Solved Papers of MBA)

1. If an employee of a multinational company indicates that she believes that since she is a citizen of the host country, she would be best suited to manage the company, then her attitude toward the operation of the organization would most likely be classified as
[A]Ethnocentric attitude
[B]Regiocentric attitude
[C]Polycentric attitude
[D]Gendercentric attitude



2. In the operations research methodology, which of the following steps precedes the others?
[A]Testing the model
[B]Deriving a solution from the model
[C]Putting the solution into effect
[D]Mathematical model construction



3. In which of the following responsibility centers does the control system examine the role of assets in generating profit apart from measuring the monetary value of inputs and outputs?
[A]Profit centers
[B]Investment centers
[C]Revenue centers
[D]Standard cost centers



4. A leader who involves employees in decision-making, delegates authority, and gathers inputs from employees, but makes the final decision himself is using which style of leadership?
[A]Democratic- consultative
[B]Laissez-faire
[C]Autocratic
[D]Democratic- participative



5. Which of the following statements is/are true with respect to debt management ratios?
I. They indicate what percentage of the organization’s assets are financed by creditors.
II. They are also called leverage ratios.
III. A higher percentage indicates that creditors have lesser claim over the assets of the organization than the owners.
[A]Only (I) above
[B]Only (II) above
[C]Only (III) above
[D]Both (I) and (II) above



6. Performance rating can either be behavior-oriented or results-oriented. Within the behavior-oriented category, two assessment means are Graphic Rating Scales and Behaviorally Anchored Rating Scales (BARS). Which of the following is not true with regard to BARS?
[A]BARS minimize subjective interpretation inherent in graphic rating scales
[B]BARS make use of ‘anchors’ (common reference points of performance)
[C]BARS concentrate on job-specific behaviors and hence is highly meaningful
[D]BARS are a simple and cost-effective rating method



7. Loss of sale and loss of customer goodwill are examples of
[A]Carrying cost
[B]Item cost
[C]Ordering cost
[D]Stock-out cost



8. Which of the following is not an application of office automation systems?
[A]Voice mail
[B]Internet
[C]Groupware
[D]Teleconferencing



9. McClelland highlighted the importance of three basic needs namely need for achievement, need for affiliation and need for power. Which of the following is/are characteristics exhibited by affiliationoriented people?
I. They enjoy a sense of intimacy and understanding.
II. They console and help those in trouble.
III. They suffer pain when rejected.
IV. They have an intense desire for success.
[A]Only (II) above
[B]Both (I) and (II) above
[C]Both (III) and (IV) above
[D](I), (II) and (III) above



10. According to Herzberg’s motivation-hygiene theory, which of the following responses are hygiene factors?
[A]Personal life, security, salary and recognition
[B]Advancement, salary, status, company policy
[C]Relationship with peers, status, supervision and security
[D]Working conditions, relationship with subordinates, supervision and work itself



11. According to Hersey and Blanchard, a high task-low relationship situation would require which of the following leadership styles?
[A]Delegating
[B]Directing
[C]Participating
[D]Selling



12. Which of the following are advantages of a ‘geographical information system?’
I. Maps can be prepared economically and updated with ease.
II. Maps are automatically supplemented with statistical analysis.
III. Maps can be generalized to suit all needs of users.
IV. Maps use a unidimensional format.
[A]Both (I) and (II) above
[B]Both (I) and (III) above
[C]Both (III) and (IV) above
[D](I), (II) and (IV) above



13. Which of the following is not an input in the ‘distribution logistics model?’
[A]Manufacturing costs
[B]Procurement lead times
[C]Sales forecasts
[D]Inventory plan



14. Which of the following information systems has outputs in the form of projections and responses to queries?
[A]Transaction processing
[B]Office automation
[C]Decision support
[D]Executive support



15. Which of the following is/are advantage(s) of preventive control?
I. Greater accuracy at work is achieved.
II. Corrective actions improve the processes and make them more effective.
III. It discourages managers implementing controls through self exercised control.
[A]Only (I) above
[B]Only (II) above
[C]Only (III) above
[D]Both (I) and (II) above



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