Wednesday, March 21, 2012

UGC NET Management Study Material (Management Quiz - 46)

1. Which of the following responsibility centers are also referred to as ‘engineered expense centers?’
[A]Discretionary expense centers
[B]Standard cost centers
[C]Profit centers
[D]Revenues centers

2. Adaptability is essential for present day organizations to survive. Which of the following are characteristics of adaptable organizations?
I. Employees are given more freedom in decision-making.
II. Management sets broad goals and objectives.
III. Accountability revolves around positions.
IV. Organizational learning is ongoing.
[A]Both (I) and (III) above
[B]Both (II) and (IV) above
[C]Both (III) and (IV) above
[D](I), (II) and (IV) above

3. Which of the following is not a measure for inventory control?
[A]Focus on the entire supply chain
[B]Organization should retain ownership of inventory and not shift it to suppliers
[C]Share information with suppliers
[D]Adopt A,B, C segmentation for products

4. Which of the following is not a strength of appraisal against verifiable objectives?
[A]Luck plays an important role in the performance of an individual
[B]It is operational in nature
[C]There is credibility because the appraisal is objective in nature
[D]It is carried out with mutual cooperation from superiors and subordinates

5. In Vroom’s expectancy theory, which variable refers to the probability that successful performance will lead to certain outcomes?

6. No smoking allowed is an example of which of the following?
[D]Non-programmed decision

7. A guideline established by management to be used as a basis for evaluating performance is called a(an)
[A]Internal control strategy
[B]External control strategy

8. A learning organization is typically least characterized by
[A]Systems thinking
[B]Shared vision
[C]Rigid job procedures
[D]Team learning

9. A manager who organizes his or her plant by separating engineering, accounting, human resources, andpurchasing is using _____ departmentalization.

10. A 'principle' is a fundamental truth, which is used as a basis of reasoning or action. Which of thefollowing principles emphasizes that employees should gain expertise in a particular area of work?
[A]Principle of Functional Specification
[B]Span of Control
[C]Principle of Specialization
[D]Principle of Unity of Direction

11. A responsibility center is a sub-unit headed by a manager who is responsible for achieving one or moregoals. Which of the following is/are uses of responsibility centers?
I. An organizations choice of responsibility centers depends to a great extent on its controlmechanisms.
II. Sales or marketing units may be considered as revenue centers.
III. Organizations that have a divisional structure may opt for profit centers.
IV. Autonomous businesses may be considered as investment centers.
[A]Only (I) above
[B]Only (IV) above
[C]Both (II) and (III) above
[D](II), (III), and (IV) above

12. Which of the following is a Theory Y assumption?
[A]The average person prefers to be directed
[B]Most people must be threatened and coerced before they put forth adequate effort
[C]Commitment to objectives is a function of the rewards associated with achievement
[D]The average person seeks no responsibility

13. The attitude that regards home-country practices as superior to foreign-country practices is known as a(an)
[A]Egocentric attitude
[B]Ethnocentric attitude
[C]Polycentric attitude
[D]Geocentric attitude

14. According to Hersey and Blanchard, when followers are in the initial “readiness” stage, the leader'sbehavior should be
[A]High task and high relationship
[B]High task and low relationship
[C]Low task and low relationship
[D]Low task and high relationship

15. According to House, the __________ leader lets employees know what is expected of them, scheduleswork, and gives specific guidelines