Thursday, April 12, 2012

MPhil PhD MBA Management Study Material(Management Quiz - 55)

1. Which of the following involves a graphic representation of alternative courses of action and the possible outcomes and risks associated with each action?
[A]Decision tree
[B]Risk analysis
[C]Utility theory
[D]Incremental analysis

2. JIT (Just-In-Time) inventory control is an approach to inventory control, which stipulates that materials should arrive just, as they are needed, in the production process. Which of the following would generally not be associated with a successful JIT program, for the purpose of inventory control?
[A]Well-organized receiving and handling of materials purchased from suppliers
[B]Strong management commitment
[C]Suppliers located in diverse and distant locations
[D]High quality of materials purchased from suppliers

3. Which of the following skills implies the ability to solve problems in ways that will benefit the enterprise?

4. Program Evaluation and Review Technique (PERT), which is a logical extension of Gantt Chart, can be used as a tool to improve productivity in an organization. PERT is especially useful in scheduling

5. Which of the following is the best explanation of why Japanese companies tend to make decisions by consensus?
[A]It is a reflection of the larger societal cultural value on groups
[B]It is more efficient and timely than any other method
[C]It is a carryover from Post-World War II influences from Americans
[D]The Japanese government mandates it

6. The process of identifying and attempting to attract candidates who are capable of effectively filling up job vacancies is called

7. Control is an essential part of every organization. The management process is incomplete and sometimes useless without the control function. Control function plays an important role of assisting managers in
I. Coping with uncertainty.
II. Detecting irregularities in the organizational activities.
III. Centralizing authority.
IV. Avoiding complex situations.
[A]Both (I) and (II) above
[B]Both (I) and (III) above
[C]Both (II) and (III) above
[D]Both (III) and (IV) above

8. Which of the following is an approach to systematic job analysis?
[A]Job design
[B]Job enlargement
[C]Position analysis questionnaire
[D]Job description analysis

9. According to Henri Fayol’s principles, Espirit de Corps means
[C]Sense of union
[D]Unity of command

10. Which of the following is/are rule(s) observed in brainstorming?
I. The ideas are accepted only after due criticism from all members.
II. The emphasis is on obtaining as many ideas as possible.
III. Participants are encouraged to contribute towards improving the ideas of the other participants in the group.
IV. The more radical the ideas, the more effective they make the brain storming technique.
[A]Only (II) above
[B]Only (IV) above
[C]Both (I) and (III) above
[D](II), (III) and (IV) above

11. There can be different sources of resistance to change. For analytical purposes, they can be categorized as individual and organizational sources. Which of the following is an organizational source of resistance to change?
[B]Structural inertia
[D]Fear of the unknown

12. Which of the following factors does not enrich the job?
[A]Allowing the workers do their work independently
[B]Encouraging participation and involvement of workers
[C]Giving the workers financial incentives
[D]Providing feedback to the employees about the importance of their tasks to the finished product

13. Which of the following is not a type of information system?
[A]Transaction processing system
[B]Office automation system
[C]Management information system
[D]Customer support system

14. Which of the following is/are objectives of sensitivity training?
I. It helps individuals gain insights into their behavior and helps them analyze the way they appear to others.
II. It helps individuals develop the skills necessary for diagnosing and understanding of group processes.
III. It exposes managers to theories, principles and new developments in management.
[A]Only (I) above
[B]Only (III) above
[C]Both (I) and (II) above
[D]Both (II) and (III) above

15. With its Everyday Low Pricing (EDLP) strategy, Wal-Mart generally follows which of the following generic strategies to meet or beat competitors?
[C]Market segmentation
[D]Cost leadership