Principle n Practices 3

Multiple Choice Single Answer
Question
Some managements who are very much intimated by consulting firms, what are they likely to loose
Correct Answer Confidence
Your Answer Confidence

True/False
Question Learning from mistakes is often more powerful than learning from success.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question The defination of decision involves following characteristics
Correct Answer Involves Rationality , Involves Commitment , Involves Mental Process
Your Answer Involves Rationality , Involves Commitment , Involves Mental Process

Multiple Choice Single Answer
Question One of the external environment factors that influences Management is
Correct Answer Legal
Your Answer Legal

Multiple Choice Multiple Answer
Question The old control techniques which were used through years are
Correct Answer Unity of policies , break-even analysis , budgetary control
Your Answer Unity of policies , current date analysis , break-even analysis

Multiple Choice Single Answer
Question
Name the need under the level of hierarchy which has the highest potency and a person who lacks basic necessities of life will primarily be motivated by such needs
Correct Answer physiological
Your Answer physiological

Select The Blank
Question ________ is effective only in big organizations.
Correct Answer Decentralization
Your Answer Decentralization

Multiple Choice Multiple Answer
Question Budgetary control involves budgets such as
Correct Answer sales , production , cash
Your Answer sales , production , cash

Select The Blank
Question The concept of corporate governance has been attracting________in India.
Correct Answer public attention
Your Answer public attention

Select The Blank
Question The retailing sector in India has been quite________.
Correct Answer staid and boring
Your Answer staid and boring

Multiple Choice Single Answer
Question Name one of the disadvantages of strategic business units
Correct Answer Distortion of information
Your Answer Distortion of information

Multiple Choice Multiple Answer
Question The family owned businesses like Tata and Birla, also face major fears like
Correct Answer Right successor , Stumbling self-confidence , Lack of professional management Your Answer Right successor , Stumbling self-confidence , Lack of professional management

Select The Blank
Question Maharishi Institute of Management has ________ centres in India and abroad.
Correct Answer 18
Your Answer 20

Multiple Choice Multiple Answer
Question Under McKinsey's 7 S model, the soft S's are:
Correct Answer Style , Staff , Skills
Your Answer Style , Staff , Skills

Multiple Choice Multiple Answer
Question
The factors measuring the morale of the workers and ascertain whether it is increasing or diminishing can be listed as
Correct Answer Absenteeism , No. of accidents , Grievances
Your Answer Absenteeism , No. of accidents , Grievances

Multiple Choice Single Answer
Question
The Indian retail sector is behind Taiwan although its retail industry is estimated to be around $40 billion only, this is because of its
Correct Answer 81% penetration
Your Answer 81% penetration

True/False
Question Management is the combination of Arts, Science and profession.
Correct Answer True
Your Answer True

True/False
Question 'Span of control' is also referred to as span of management.
Correct Answer True
Your Answer True

Match The Following
Question Correct Answer Your Answer
Knowledge based decision-making.
Instead of intuition
Instead of intuition

Professional managers may have only salary-stake
Question of accountability of Performance
Question of accountability of Performance

Management can be applied everywhere
Management is universal
Management is universal

Management is dynamic
Changes as per time
Changes as per time

Manager does not require any specific qualification
Anybody can become a manager

Anybody can become a manager

Multiple Choice Multiple Answer
Question
The general management challenges faced by the service sector are
Correct Answer Communicating the concept , Differentiating factors , Revenue model
Your Answer Communicating the concept , Differentiating factors , Revenue model

Multiple Choice Single Answer
Question One of the internal environment factors that influences management is
Correct Answer Place
Your Answer Location

Select The Blank
Question
________ provide all types of help required to make the business more efficient and profitable.
Correct Answer Consultants
Your Answer Consultants

Multiple Choice Multiple Answer
Question The key management processes in the learning organizations would be
Correct Answer competitor analysis , performance measurement , capability planning
Your Answer competitor analysis , performance measurement , capability planning

Multiple Choice Single Answer
Question Management is said to be the combination of three factors, arts, science and the third is
Correct Answer profession
Your Answer profession

True/False
Question Taj Mahal are living symbols of 'creation and result of management practices'.
Correct Answer True
Your Answer True

True/False
Question Financial institutions should maintain a close relationship to seek a seat on the board.
Correct Answer False
Your Answer False

True/False
Question
Ethics of statute tries to explore the traits which help the person to lead a life that is satisfying from an ethical point of view.
Correct Answer False
Your Answer True

Match The Following
Question
Correct Answer
Your Answer

Philosophy of scientific management
Development of each man to his capacity and ability
Development of each man to his capacity and ability

Six industrial activities
Technical, commercial, financial, accounting, security management
Technical, commercial, financial, accounting, security management

Five management functions
Planning, organizing, commanding, co-ordination, control
Planning, organizing, commanding, co-ordination, control

Four supervisors at implementation department
Gang boss, speed boss, repair boss, inspector
Gang boss, speed boss, repair boss, inspector