MG8591 POM MCQ – MG8591 PRINCIPLES OF MANAGEMENT 7TH SEM CSE TEST October 2, 2020 admin 5 Comments MG8591 POM MCQ – MG8591 PRINCIPLES OF MANAGEMENT 7TH SEM CSE TEST WELCOME TO YOUR MG8591 POM MCQ - MG8591 PRINCIPLES OF MANAGEMENT 7TH SEM CSE TEST YOUR NAME YOUR EMAIL Management is a creative and ________ process?ContinuousTechnicalDemocraticNone of the above The old control technique(s) which was (were) used through years is (are)?unity of policiesbreak-even analysisbudgetary controlAll of the above Which type of strategies do professional managers help organizations in chalking out?Multi-disciplinaryCorporateManagerialAll of the above Management exists at the ___ level of the organization?LowerMiddleTopAll of the Above Limitation(s) of control is (are)?external factorsfixing of responsibilityvariation and its causesAll of the above Management is said to be the combination of ?arts, science and professionarts, science and engineeringarts, commerce and sciencearts, commerce and engineering ___ is supposed to be immutable, unchanging and eternal?PolicyVisionMissionAll of the above The summary of important trends in retailing are?market concentrationglobal players vs. local playersnon store retailingall of the above Costliness of the ________ is the overriding factor determining the extent of decentralization?DecisionStaffingControllingNone of the above Positive motivation makes people willing to do their work in the best way they can and improve their?ProductivityPersonalityPerformanceAll of the above The objective(s) in corporate governance is (are)?shareholders value maximizationgrowthstabilityall of the above The heart of administration is the ___ function?DirectingOrganizingControllingCooperating The different A’s of the service sector are?acceptability , awareness , adaptabilityacceptability , awareness , availabilityadaptability , awareness , availabilityacceptability , adaptability , availability Fedrick Winslow Taylor’s Mechanism of Scientific Management includes?Scientific task settingplanning the taskstandardization of tools and equipmentAll of the above Direction is a ________ function performed by all the managers at all levels of the organization?ManagerialOrganizationalBoth (A) and (B)None of the above Retailing category(ies) based on ownership arrangement would be?Super MarketsConsumer Durables StoresDepartmental StoresAll of the above Horizontal co-ordination takes place?upwardsdownwardssidewaysany of the above The internal environment factor(s) that influence management is (are)?LaborMachinesPlaceAll of the above What articulates the long-term goals of an enterprise?PoliciesVision statementBoth (A) and (B)None of the above Henry Fayol, F.W. Taylor belongs to which of the following school of management?Neoclassical SchoolModern SchoolClassical SchoolEarly Perspective While practicing principles of management ____________ cannot be neglected as business have to fulfil social and ethical responsibility towards society?ValuesTechniquesProgrammesActions Derivation of Principles of Management is a matter of (I)______________ and their application is a matter of (ii)___________(I) art (ii) science(I) science (ii) art(I) art (ii) discipline(I) discipline (ii) science Principles help managers to take decisions while performing functions of management?True, Principles are guidelines to take actionsFalse, Functions of management are not related with Principles of ManagementPartly True, Principles denotes cause and effect relationship which may help functionsFalse, Functions of management are just actions Principles of management do not provide readymade solution to any problem but in dealing with a situation of conflict between two departments, a manager may emphasize the primacy of the organisational goal?General GuidelinesUniversal applicabilityFlexibleContingent Which of the following statement justifies understanding of Principles of Management helps in taking scientific decisions?Adherence to these principles add to knowledge and understanding of managerial situationsPrinciples emphasis logic rather than blind faithPrinciples of management are at the core of the management theoryPrinciples are guidelines that can be modified as per the changing environment Principles of management are not?absoluteBehavioraluniversalFlexible Principles of management are significant because of?InitiativeIncrease in efficiencyOptimum utilization of resourcesAdaptation to changing technology Henry Fayol was a?scientistAccountantMining EngineerFarmer Which of the following is not a principle by Henry Fayol?Division of workHarmony not discordDisciplineUnity of command Management should find the one best way to perform a task. Which technique of management states that?Time studyMotion studyFatigue studyMethod study ____ means every employee should get order from one superior only?Unity of commandUnity of directionCentralisationOrder Concentration of authority at one level is called?DecentralisationDelegationAccountabilityCentralisation Which organisational relationship gives a greater job satisfaction and results in maximum production?formal organizationinformal organizationbusiness or organisationstrategic organization Which type of organization gives importance to people and their relationships?formal organizationinformal organizationbusiness or organisationstrategic organization Which type of organization gives importance to terms of authority and functions?formal organizationinformal organizationbusiness or organisationstrategic organization Which type of organization is permanent and stable?formal organizationinformal organizationbusiness or organisationstrategic organization Which arises from mans quest for social satisfaction?formal organizationinformal organizationbusiness or organisationstrategic organization Which is created for technological purpose?formal organizationinformal organizationbusiness or organisationstrategic organization Rules, duties and responsibilities or workers are given in writing in?formal organizationinformal organizationbusiness or organisationstrategic organization Informal authority flows upwards to downwards or horizontally in?formal organizationinformal organizationbusiness organisationstrategic organization Formal authority flows from upwards to downwards in?formal organizationinformal organizationbusiness organisationstrategic organization Supply of human and material resources and helps to achieve the objective of business is?planningorganisationmanagementcontrol A system of co-operative activities of two or more persons is called?departmentco-ordinationorganizationcontrol An identified group of people contributing their efforts towards the attainment of goals is called an?organizationbusinessmanagementdepartment Steps to be taken for selecting salespersons is an example of?rulesprocedurespolicymethods Employees will be promoted on the basis of seniority is an example of?rulesprocedurespolicymethods Set of clear instruction in a clear and logical sequence to perform a particular task?rulesprogrammepolicymethods Plan that establishes a required method of handling future activities is called?rulesprocedurespolicymethods __________ is an obligation to perform certain functions and achieve certain results?responsibilitydecentralisationcentralisationdelegation ____________ is the harmonising or synchronising of individual efforts with the purpose of achieving?coordinationcontroldecision makingdelegation Time is Up! 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