Search This Blog

Thursday, June 21, 2012

How good is your Management Knowledge (Business Management Quiz - 76)

1. With respect to strengths, weaknesses, opportunities and threats of the competitive environment in which a company operates, which of the following constitute ‘potential opportunities’ for an organization?
I. A widely recognized market leader and an attractive customer base.
II. Alliances/joint ventures that provide access to valuable technology, competencies etc.
III. Integrating forward or backward.
IV. Alliances/joint ventures that expand the company’s market coverage.
V. Expanding the company’s product line to meet a broader range of customer needs.
[A]Both (I) and (II) above
[B]Both (III) and (IV) above
[C](I), (II) and (V) above
[D](III), (IV) and (V) above


2. Practicing ethical guidelines enables managers to become followers of moral management approach. One such ethical guideline is ‘primum non-nocere’, which means
[A]Telling the truth
[B]Above all, doing no harm
[C]Always acting when one has responsibility
[D]Obeying the law


3. Which of the following is not one of the steps in strategic planning?
[A]Strategy formulation
[B]Strategy implementation
[C]Review of strategy
[D]Portfolio Analysis


4. Which of the following are subsystems that are frequently an integral part of ‘Management By Objectives (MBO)’?
I. Manpower planning.
II. Compensation.
III. Organization design.
IV. Operations research.
[A]Only (III) above
[B]Both (I) and (II) above
[C]Both (III) and (IV) above
[D](I), (II) and (III) above


5. As per Frederick Winslow Taylor, which of the following is/are the main reasons for workers indulging in soldiering?
I. Workers feared that if they increased their productivity, other workers would lose their jobs.
II. Faulty wage systems employed by the organization encouraged them to work at a slow pace.
III. Outdated methods of working handed down from generation to generation led to a great deal of wasted efforts.
IV. Lack of training forced employees to perform poorly.
[A]Only (I) above
[B]Both (I) and (II) above
[C]Both (III) and (IV) above
[D](I), (II) and (III) above


6. Which of the following is not a situational variable on which an organization’s position on the decentralization-centralization continuum depends?
[A]Size of the organization
[B]Line-staff conflict
[C]Geographical dispersion
[D]Technical complexity of tasks


7. Which of the following is not a factor that would make Management by Objectives (MBO) more effective?
[A]Emphasis on short-term goals
[B]Top management support
[C]Formulating clear objectives
[D]Training for MBO


8. Managers making ethical decisions may belong to any of the three levels of moral development. Which of the following stages describes the conventional level of moral development?
[A]Following rules only when it is in one’s immediate interest
[B]Valuing rights of others and upholding absolute values and rights, regardless of the majority's opinion
[C]Sticking to rules to avoid physical punishment
[D]Living up to what is expected by people who are close to oneself


9. As per Henry Mintzberg, which of the following roles constitute the decisional role?
I. Disturbance handler.
II. Resource allocator.
III. Negotiator.
IV. Figurehead.
V. Liaison.
[A]Both (I) and (II) above
[B]Both (III) and (V) above
[C](I), (II) and (III) above
[D](II), (III) and (IV) above


10. Every decision-making situation falls into one of the three categories: (i) certainty, (ii) risk and (iii) uncertainty. Which of the following is a characteristic of decision-making under risk?
[A]The decision-maker has complete information about available alternatives, and has a good idea of the probability of particular outcomes for each alternative
[B]The decision-maker has complete information about available alternatives, but has no idea of the probability of particular outcomes for each alternative
[C]The decision-maker has incomplete information about available alternatives, but has a good idea of the probability of particular outcomes for each alternative
[D]Future environment is unpredictable and everything is in a state of flux


11. Companies identify their strengths, weaknesses, opportunities and threats in the business environment through SWOT analysis. Which of the following constitutes ‘potential resource weaknesses’ for an organization?
I. A weak balance sheet burdened with too much debt.
II. Loss of sales to substitute products.
III. Sub par e-commerce systems and capabilities relative to rivals.
IV. Costly new regulatory requirements.
V. Not attracting customers as rapidly as rivals due to ho-hum product attributes.
[A]Both (I) and (II) above
[B]Both (IV) and (V) above
[C](I), (III) and (V) above
[D](II), (III) and (IV) above


12. Which of the following refers to the use of an open system of rating an employee’s work on a daily basis, recommended by Robert Owen?
[A]Silent monitor
[B]Accomplishment monitor
[C]Piece-rate incentive system
[D]Therbligs


13. Which of the following is not a contingency variable that determines the appropriate span of control for managers?
[A]Employee training
[B]Task complexity
[C]Management style preferences
[D]Expenses


14. Which of the following statements about grapevine are true?
I. At times information shared through the grapevine may only be gossip.
II. It is bound by the authority relationships defined by the organization.
III. It weakens the cohesiveness of a formal organization.
IV. It survives on information that is not available to the entire group.
V. It facilitates quick and effective communication.
[A]Both (I) and (II) above
[B]Both (II) and (III) above
[C]Both (IV) and (V) above
[D](I), (IV) and (V) above


15. Which of the following statement is incorrect with respect to functional authority?
[A]Managing functional authority relationships is similar to managing dual-boss relationships
[B]It should be restricted to the procedural aspects of a function
[C]It is similar to line authority except that staff personnel with functional authority do not have a right to punish violations from the intended course of action
[D]If unity of command were to be applied without exception, functional authority would be exercised only by staff managers


0 comments:

Labels

#AhilyaBaiHolkarJayanti #Current Affairs #FamousPersons #GeneralKnowledge #GK #GS #Hindi #HinduSamrajyaDiwas #Ling #Management #ShivajiMaharaj 2012 2012 GK 2013 Current Affairs 2013 Daily Logo Quiz 2013 General Knowledge 2013 Logo Game Quiz 2014AugustCA 2014AugustGK 2014AugustGS 2014AugustIPC 2014CA 2014DecemberCA 2014DecemberGK 2014DecemberGS 2014DecemberIPC 2014JulyCA 2014JulyGK 2014JulyGS 2014JulyIPC 2014JuneCA 2014JuneGK 2014JuneGS 2014JuneIPC 2014MayCA 2014MayGK 2014MayGS 2014MayIPC 2014NovemberCA 2014NovemberGK 2014NovemberGS 2014NovemberIPC 2014OctoberCA 2014OctoberGK 2014OctoberGS 2014OctoberIPC 2014SeptemberCA 2014SeptemberGK 2014SeptemberGS 2014SeptemberIPC 2015GK 2015GScience 2015IndianPolity 2017 Current Affairs 2017August 2017December 2017November 2017October 2017September 2018 Current Affairs 2018FebruaryCA 2018JanuaryCA 2019GK 2020 Current Affairs 2020AugustCA 2020DecCA 2020GeneralScience 2020GK 2020JulyCA 2020JuneCA 2020MayCA 2020NovCA 2020OctCA 2020SepCA 2020SepGK 2021 April GK 2021 Current Affairs 2021 Feb GK 2021 January GK 2021 March GK 26 January A.R.M.Y. Accounting Adjectives Allahabad AllahabadQuiz Ancient History Angular Framework AngularJS April 2012 April 2013 Current Affairs April 2013 GK April 2013 Vocabulary Quiz April 2014 Aptitude Articles Assam August 2012 August2020 Authors Auto Quiz Automobile Quiz Automotive Quiz B School Banaras Bangalore Quiz Bangtan Sonyeondan Bank Exam Entrance Bank PO Exam Banking Banking Clerical Preparation Banking GK Banking Terminology BAT BCA Benares Benares Quiz Bengaluru Bharat Bollywood Quiz BollywoodPersons Books Boudh Festival Britain BTS Buddhism Festivals Bulletproof Boy Scouts Business Communication Business Current Affairs 2012 Business Ethics Business Law Business Management Business Quiz Business School Interview Business World C Programming Capital Market CAT Celebrity Quiz Christmas Quiz Cities of India City Quiz Civil Service Exams Class12English Class2Computer Class2English Class2GA Class2Maths Class3English Class3GA Class3GK Class3Maths Class4English Class7 Class7English Class8Science Class9English Cloud Computing CMMI-DEV Commodity and Derivatives Commodity Market Quiz Compensation and Benefits Compensation Management Computer Quiz Computers Conjunctive Adverbs Corporate Laws Countries Country Quiz Current Affairs Daily Quote Data Mining Data Science Database Management System DataBase Quiz DBMS DBMS True False Questions December 2012 Current Affairs December 2012 GK December 2013 Deepawali Delhi Delhi Quiz Demonetization Dev Anand Quiz Dev Sahab Dilli Diwali Diwali Quiz Dus ka Dum Eco Quiz Economics Economics MCQ Economics Multiple Choice Economics True False Quiz Email Etiquette English Environment Estimation Models EVS Facts about Allahabad Facts about Bangalore Facts about Delhi Facts about Dev Anand Facts about India Facts about Mahatma Gandhi Facts about Patna Facts about Rabindranath Tagore Facts about Varanasi FamousAuthors FamousBooks February 2012 February 2013 Current Affairs February 2013 GK February 2014 Festival Quiz Festivals of India FestivalWishes Filmy Quiz Finance Finance MCQ Finance Multiple Choice Finance Objective Questions Finance Quiz Finance True False Financial Accounting Financial Institutions Financial Management Fun Quiz FunTrivia Gautam Buddha Gender General Knowledge GeneralAwareness Geography Gerunds Ghrisneshwar Jyotirling Temple GK GK Quiz GK2016 GKToday GMAT Grammar GRE English GurPurab Gurudev Rabindranath Tagore GuruPurnima Gyan Guru HarryPotter HCM Helping Verbs Hindi Cinema Hindi Movies Quiz Hindi Synonyms Class 4 Hindi4 Hindu Festivals Hindu Gods Hindustan History Holi Quiz Holika Dahan HR HRD HRM Quiz Human Capital Management Human Resource Human Resource Management Quiz IAS IEO3English IEO4English IIFT IIM Interview IMO3Maths IMO4Maths IndependenceDay. SwatantraDiwas India Quiz Indian Budget Indian Cinema Indian Festivals Indian Polity and Constitution Information Technology International Days International Economics International Finance International Marketing Introduction to Management ISB Interview IT IT Aptitude Jain Festivals Janmashtmi January 2012 January 2013 Current Affairs January 2013 GK January 2014 Java Java Interview Questions Java MCQ Java Multiple Choice Java Programming July 2012 July 2013 Current Affairs July 2013 GK July 2013 Vocabulary Quiz July2020 June 2012 June 2013 GK June 2013 Vocabulary Quiz Jyotirling Kashi Vishwanath Mandir KBC KBC Questions Kedarnath Temple Know Allahabad Know Bangalore Know Delhi Know Patna Law MCQ Law Quiz Learn English LLB Quiz Logical Reasoning Logo Quiz Lohri Lord Buddha Macro Economics Mahatma Gandhi Quiz Maintenance Management MakarSankranti Mallikarjuna Jyotirlinga temple Management Management Accounting Management MCQ Management Quiz Managerial Economics Managerial Effectiveness Manipur MarathaKing March 2012 March 2013 Current Affairs March 2013 GK March 2013 Vocabulary Quiz March 2014 Mark II Function Point Analysis Marketing Marketing Management Quiz MAT MataVaishnoDevi Material Management Material Requirement Planning Materials Management May 2012 May 2013 Current Affairs May 2013 GK May 2013 Vocabulary Quiz May 2014 MBA MBA Entrance MBA IT MCA Medieval History Meghalaya Mental Ability Micro Economics Mizoram MM Modern History Monuments of India Multiple Choice Questions MyGov Quiz Nagaland National Days National Education Policy National Girl Child Day NCERT6Maths NCERT7Geog NCERT7Hindi NCERT7Maths NCERTGeography NCFM NEP2020 New Delhi Nouns November 2012 November 2012 GK November 2013 Numerical Ability OB OB Quiz October 2012 October 2012 GK Olympics Omkareshwar Jyotirlinga Temple Online Quiz Contest Operations Operations Management Organisation Behavior Organisation Behaviour Organizational Behaviour PADMAN Patliputra Patna Patna Quiz PCS Personality Quiz Personnel Administration Personnel Management Quiz PGCPM PGDBA PGDCA PGDIT Placement Papers of IT Companies PMP PMP Certification PMP Questions Portfolio Management Possessive Nouns Pratiyogita Darpan Prayag Production and Operation Management Programming Languages Project Management Project Management MCQ QMBlog QT Quant Quantitative Aptitude Quantitative Technique Quotations Rabindranath Tagore Quiz Rashtriya Ekta Divas RDBMS Republic Day Samanya Gyan Sangam Santa Claus SAP HANA SAT Satyamev Jayate Science Security Analysis September 2012 September 2012 GK Shree Mahakaleshwar Temple Shree Siddhivinayak Ganapati Temple Shree Somnath Temple Siddhartha SNAP Software Testing Spellings Sports SportsPersons Sri Ramanathaswamy Temple StatesOfIndia Static GK Strategic Finance Strategic Management Strategy Strategy True False SundayFun Swami Vivekanand Swami Vivekananda Quiz Synonyms Systems Quiz Taiwan National Day Tata Crucible Teasers Teej Temples Temples of India Time and Calendar TOEFL Trimbakeshwar Jyotirlinga Temple Tripura TV Show UK Quiz United Kingdom Vaidyanatha Jyotirlinga temple Varanasi Verbal Ability Vocab Vocabulary World Heart Day World Mental Health Day World Teachers Day World Tourism Day XLRI Interview