Question
Which of the following is NOT one of Fredrick Taylor’s four principles of management?
►
Avoid cooperation with workers
► Scientifically select and then train workers
► Divide work and responsibility
► Study tasks scientifically and develop best method to perform it
Question
LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these mangers are playing?
►
Liaiso
n
► Leader
► Disseminator
► Spokesperson
Question
Ali is a Branch Manager at Mutual Saving Bank. If he is an average middle manager, which of the following management activities is he likely to spend the greatest amount of time?
► Planning
►
Controlling
► Leading
► Organizing
Question
Which of the following acts as an unambiguous measure of the effectiveness of a business organization?
► Efficiency
► Employee satisfaction
►
Increased revenues
► Profits
Question
Manager’s interpersonal skills are known as:
►
Understand and motivate others
► Coordinate interests and abilities
► Use necessary tools and procedures
► Establish the right connections
Question
The managerial functions according to Fayol were :
► Organizing, staffing, commanding, coordinating and controlling
► Commanding, organizing, planning, coordinating and staffing
► Controlling, commanding, organizing, planning and leading
►
Planning, organizing, commanding, coordinating and controlling
Question
According to Maslow’s hierarchy of need, a healthy work environment is an example of which of the following need?
► Physiological
► Esteem
►
Safety
► Social
Question
Which of the following management perspective focuses on decision making, economic effectiveness, mathematical models and use of computers?
► Knowledge management
► Total quality management
► Marketing management
►
Quantitative management
Question
Daimler- Benz, an automobile manufacturer use realistic computer simulations to study collision damage to cars. These simulations give them precise information and avoid the costs of crashing so many test cars. Which of the following approach of management is helping them in reducing their cost?
► Management science
► Operations management
► Total quality management
►
Contingency perspective
Question
Mega environment is also called:
► Open environment
► Close environment
► Flexible environment
►
General environment
Question
Environment made up of specific outside elements within which an organization interfaces in the course of conducting its business is called:
► Internal environment
► External environment
►
The task environment
► The mega environment
Question
Mega environment, that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called:
►
The socio-cultural
element
► The international element
► The economic element
► The legal-political element
Question
The belief that a firm’s obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as:
► Ethical responsibility
►
Social responsibility
► Social obligation
► Social responsiveness
Question
A choice made from two or more alternatives is called:
► Support
► System
► Network
►
Decision
Question
Most of the time lower level management of organizations have to deal with problems which are:
► Satisficing
►
Well-structured
► Non-programmed
► Ill-structured
Question
Many decisions fail after the final choice because of the occurrence of which of the following?
►
Decision criteria weights were incorrect
► People affected failed to accept the solution
► Satisficing occurred
► Choice was wrong
Question
When an organization encounters a serious problem which needs to be solved immediately, it is called:
►
Crisis problem
► Non- Crisis problem
► Opportunity problem
► Financial Problem
Question
As managers move toward the organizational hierarchy, problems are more likely to become which of the following?
► Well-structured
►
Ill-structure
d
► Programmed
► Non-programmed
Question
Usman authorized an additional $100,000 for the production of the new product. The cost of the new product seems to be increased far beyond what was planned or even forecasted. However, Usman continues to support the project. He is engaged in which of the following?
► Availability heuristic
► Representative heuristic
► Escalation of commitment
►
Optimal decision making
Question
Which of the following refers to the concentration of decision authority at the top levels of the organizational hierarchy?
► Decentralization
► Departmentalization
►
Centralization
► Formalization
Question
In which of the following conditions forecasting is considered to be the most accurate?
► Try to predict non-seasonal events
►
Complex forecasting methods are used
► The environment is rapidly changing
► More people are involved in the process
Question
Which of the given element of an organization is supposed to perform to achieve the organizational goals?
► Government
► Customers
► Shareholders
►
Workforce
Question
Which of the following is the important point of Deming’s’ philosophy?
► Collaboration among the members
► Achievement of Goals
► Well defined purpose
►
Reduction of resource wastage
Question
It was estimated by the chief engineer that the bridge will be accomplished within 3 years, whereas, the construction of bridge was completed at the end of year 2. Therefore, the construction of bridge is labeled as:
►
Effective plan
► Targeted accomplishment
► Efficient completion
► Controlled resources
Question
Increased importance of TQM gave emergence to the concept of employee empowerment that has made the ________ skill category mandatory for all managerial levels.
► Conceptual
►
Interpersonal
► Technical
► Human
Question
‘Break-even Analysis’ is a means of earning profitable operations of the business through concrete calculations. Therefore, it falls under:
►
Scientific management
► Behavioral management
► Management science
► Operation management
Question
Which of the following management style is based on the universal perspective of management that describes one best approach to be adopted?
►
All of the given options
► Classical management
► Behavioral management
► Quantitative management
Question
How suppliers can generally influence the organizational activities?
► Impose environmental constraints
► Compel tariffs on the final goods
► Enforce use of specific technology
►
Slow down the production process
Question
Selection of students in the admission process of university is an illustration of:
► Structured decisions
► Ill-structured decisions
►
Programmed decisions
► Non-programmed decisions
Question
In order to identify the most efficient path for execution of activities, managers use:
►
Linear programming
► PERT chart
► GANTT chart
► Scenario analysis
Question
Which of the resource allocation technique gives more emphasis to allotment of time?
►
Budgeting
► Scheduling
► Break even analysis
► Linear programming
Question
All of the following are the parts of organization’s external environment, EXCEPT:
► Organizational cultures
► Target customers
► Company competitors
►
Performance regulators
Question
WTO appears to play an important role in monitoring and promoting:
► Provincial trade
► Global trade
►
Regional trade
► National trade
Question
Which of the following is the basic rule of brainstorming?
►
Criticism is not allowed
► Ideas should be radical
► Improvement of ideas is encouraged
► Involvement of experts is mandatory