MG8591 MCQ SET 1 – PRINCIPLES OF MANAGEMENT IMPORTANT MCQ QUESTIONS SET 1 October 24, 2020 admin Leave a comment Welcome to your MG8591 MCQ SET 2 Your Name Your Email Management is a creative and ________ process?ContinuousTechnicalDemocraticNone of the above 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 Which of the following statements is true with reference to principles of management?The principles of management have evolved.The principles of management are yet to be evolvedThe principles of management are in the continuous process of evolution.None of the above. By profession, FW Taylor was a?Mechanical engineerMining engineerPsychologistHuman resource officer The principles of pure science is considered to be _________ in nature?FlexibleRigidCreativeNone of the above Which of the following statements best defines the techniques of management?It is a set of guidelines to take decisions and actionsIt is a procedure which involves a series of steps to be takenThey are general rules for behaviour of individualsNone of the above The principles of management have been developed on the basis of?ObservationExperimentationPersonal experiences of the managerAll of the above Which of the following statements is/are true with reference to principles of management?The principles are guidelines to actionThe principles denote a cause and effect relationshipPrinciples help the manager to take decisions while performing various management functionsAll of the above The principles of management are intended to be applied to all types and sizes of organisations. This statement reflects that the principles of management are?General guidelinesFlexibleUniversally applicableMainly behavioural The principles of management do not provide readymade straight jacket solutions to all management problems because?The real business situations are complexThe real business situations are dynamicThe principles act as general guidelinesAll of the above Principles of management can be modified by the manager when the situation demands. This statement implies that the principles of management are?RigidContingentFlexibleUniversally applicable The principles of management enhance the understanding of relationship between human and material resources for the achievement of organisational goals. Identify the feature of the principles of management being described in the given statement?Cause and effect relationshipsOptimum utilisation of resources and effective administrationFormed by practice and experimentationMainly behavioural The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point of time. Which feature of the principles of management is being described in the given statement?ContingentMainly behaviouralCause and effect relationshipGeneral guidelines Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The given statement highlights that the knowledge of principles of management leads to?Providing managers with useful insight into realityScientific decisionsMeeting changing environmental requirementsAll of the above ‘Rule of thumb’ refers to?Use of personal judgement in handling management issuesAdopting a hit-and-trial approach to resolve management problemsBoth of the aboveNone of the above According to Taylor, “even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. This can result in tremendous savings of human energy as well as wastage of time and materials.” Identify the related principle of scientific management?Harmony, not discordScience, not rule of thumbDevelopment of each and every person to get his/her greatest efficiency and prosperityNone of the above According to this principle of scientific management, “Scientific management has for its foundation the firm conviction that true interest of the management and workers are one and the same; the prosperity for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice versa.”?Science, not rule of thumbCo-operation, not individualismHarmony, not discordAll of the above According to this principle of scientific management, the employees should be rewarded for their suggestions which results in substantial reduction in the cost?Science, not rule of thumbCo-operation, not individualismHarmony, not discordAll of the above According to Taylor, “each specialist is to be assigned work according to his/her qualities, the employees who possess technical mastery should be involved in planning work whereas those with energy and good health may be assigned execution work.” Name the related principle of scientific management?Functional foremanshipScience, not rule of thumbDevelopment of each and every person to his or her greatest efficiency and prosperityNone of the above Considering the fact that it is difficult to find one single person with all the needed qualities, Taylor suggested appointment of a specialist through this technique of scientific management. Identify the technique?Standardisation and simplification of workMethod studyFunctional foremanshipMotion study The concept of Work Study techniques includes?Time studyMotion studyFatigue studyAll of the above The objective of this technique of scientific management is to reduce a given line or a product to fixed type sizes and characteristics. Name the technique?Method studyDifferential piece wage systemStandardisation and simplification of workFunctional foremanship This technique of scientific management helps in development of the concept of assembly line which is widely used in automobile companies these days as well. Identify the technique?Motion studyStandardisation and simplification of workMethod studylime study Which of the following is an objective of time study?To determine the number of workers to be employedTo formulate suitable incentive schemesTo calculate the labour costsAll of the above This technique of scientific management aims to determine the amount and frequency of rest intervals that should be provided to the employees during working hours?Time studyMethod studyMotion studyNone of the above The technique of differential piece rate system was developed by Taylor in order to?Discriminate between efficient and inefficient workersReward the efficient workerMotivate the inefficient workers to perform betterAll of the above The application of this principle of management leads to higher production and better work for the same effort. Identify the related principle of general management?DisciplineEquityDivision of workOrder According to this principle of general management, “an organisation should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement?DisciplineAuthority and responsibilityUnity of commandUnity of direction Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreement and judicious application of penalties.”?Authority and responsibilityEsprit De CorpsOrderNone of the above According to Henri Fayol, if this principle of general management is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened.” Identify the principle?Authority and responsibilityDisciplineUnity of commandEquity Through this principle of management, Henri Fayol guides the managers to exhibit exemplary behaviour and advises that they should not fall into temptation of misusing their powers for personal benefit at the cost of general interest of the organisation. Which principle of management is being described in the above statement?Remuneration of employeesCentralisation and decentralisationSubordination of individual interest to general interestEquity Which principle of general management advocates that, “Employee turnover should be minimised to maintain organisational efficiency.”?Stability of personnelRemuneration of employeesEquityEsprit De Corps Specifying the manner of executing policy is known as?objectiveschedulesproceduresbudgets A rigid plan, no scope for discretion?ruleschedulesproceduresbudgets The process of establishing a time sequence for the work is known as?objectiveschedulesproceduresbudgets A statement of expected results expressed in numerical terms for a definite period of time in the future is known as?objectivestrategiesproceduresbudgets A chronological sequence of steps to be undertaken to enforce a policy and to attain an objective is known as? ?objectivestrategiesproceduresrules Contingent plan to meet environmental pressures is?objectivestrategiespoliciesrules Goals, aims, purposes, missions and target is also known as?objectivestrategiespoliciesrules The assumptions about future derived from forecasting and used in planning are known as?planning premisesfreehold premisesbusiness premisescorporate premises Strategic planning is?long term planningmedium term planningshort term planningannual planning Planning lays down the overall objective, strategies and polices for the total enterprise is?corporate planningdivisions planningunit planningdepartment planning The first and foremost function of management is?planningorganizingcontrollingcoordination A study relating to the fixing of the working hours with rest periods to recoup the energy while performing in a job is called?fatigue studytime studymotion studywork-study Study of the movements of both the workers and the machine to eliminate wasteful movement is?fatigue studytime studymotion studywork-study Time is Up!