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Basic Management Skills MCQ

1. Progressive women reformers worked to _____.

Reduce wages

Limit the worday

Overturn the nineteenth amendment

Establish segregated schools in chicago

Answer

Correct Answer: Limit the worday

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2. In the context of the reinforcement theory, reinforcers are ________.

Those consequences that immediately follow a behavior and increase the probability that the behavior will be repeated

Punishments or rewards that are given out for negative or positive employee behavior, respectively

The specific, unambiguous goals that have been set for employees as a standard for measuring their performance

The supervisors or managers who have the responsibility of monitoring and reinforcing desired employee behavior

Answer

Correct Answer: Those consequences that immediately follow a behavior and increase the probability that the behavior will be repeated

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3.
Read the given scenario and answer the question that follows.

Consider yourself as a leader of the logistics team and due to heavy workload, you need to delegate the responsibility to other team members.
Which of the following options should be kept in mind when you plan to delegate?

Select the right person and the right task

Choose only the person and assign him any task

Give clear instructions for the work assigned

Regular follow-up and monitoring the progress

Answer

Correct Answer: Select the right person and the right task
Give clear instructions for the work assigned
Regular follow-up and monitoring the progress

Note: This question has more than 1 correct answers

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4. In relation to multitasking skills, which of the following options is the potential factor wherein the important critical issues and genuine bottlenecks cannot be identified and the resources of the organization are actually wasted on the wrong problems.

Loss of Control

Idle Time

Unavailable Managers

Unsynchronized priorities

Answer

Correct Answer: Unsynchronized priorities

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5.
Read the given scenario and answer the question that follows.
Imagine yourself in a situation where you are start feeling that you have been burdened with more work than others and are facing issues to cope up with the tasks assigned to you. Your workload has grown to the point where you are feeling completely overloaded.

In such a scenario, which of the following options can be considered the work-related stress sources?

Strict and continuous deadlines

Conflict and role ambiguity

Trained and supportive staff

Dealing with crises on a regular basis

Answer

Correct Answer: Strict and continuous deadlines
Conflict and role ambiguity

Note: This question has more than 1 correct answers

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6. In which of the following phases of team development, the team members with the help of their past experiences solve problems and pull together as a cohesive group?

Forming

Storming

Norming

Performing

Reorientating

Answer

Correct Answer: Norming

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7. In relation to workload management, which of the following options can be used to monitor and measure data with related to a workload issue?

Retrospective indicators

Prospective indicators

Both options a and b

Neither option a nor b

Answer

Correct Answer: Both options a and b

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8.
Choose True or False.

Multitasking conserves energy.

True

False

Answer

Correct Answer: True

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9. Which of the following can be the possible advantages when people gravitate to multitasking in an organization

They feel satiated as multitasking allows them to check more items off their list faster.

Multitasking leads them to be active throughout the working hours.

They want to make the most of their time and boast to others about their efficiency.

All of the above

Answer

Correct Answer: All of the above

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10.
Which of the following are the principles of effective workload management?

1.Transparent and open decision making with equitable distribution of workloads.
2.Maintenance of discretion and flexibility in applying workload management to ensure that local and business area needs are met.
3.Adherence to the safe work environments, practices, and legislations.
4.Dispute resolution mechanisms and issue escalation processes to be in place.

All 1, 2, 3, and 4

Only 1 and 2

Only 2 and 3

Only 1 and 3

Answer

Correct Answer: All 1, 2, 3, and 4

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11. Which of the following options can be the reasons for delegation of authority?

To develop a team of matured and experienced managers for the organization.

To provide growth and self-development opportunities to the subordinates in an organization.

To enhance the efficiency of the organization only.

To increase the work load on the junior executives.

Answer

Correct Answer: To develop a team of matured and experienced managers for the organization.
To provide growth and self-development opportunities to the subordinates in an organization.
To enhance the efficiency of the organization only.

Note: This question has more than 1 correct answers

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12. In relation to multitasking, which of the following options are the potential examples of multitasking?

Answering the employee questions about incentives while revising the performance review process.

Scheduling employees while managing their job roles and responsibilities.

Managing meetings to address an issue at a time.

Working on email marketing with the management of the social media accounts.

All of the above

Answer

Correct Answer: All of the above

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13. In which context are the terms Unfreezing and Refreezing used?

Management of Change

Management of Order

Dimensions of Order

Resistance to Change

Dimensions of Control

Answer

Correct Answer: Management of Change

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14. Which term refers to a document that sets out an organization's 'rules' regarding a particular issue?

Process

Policy

Procedure

Practice

Paradigm

Answer

Correct Answer: Policy

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15. Budgetary control systems involve ______________.

Estimation of control

Setting of targets

Monitoring of performance

Preparation of budgets

Answer

Correct Answer: Preparation of budgets

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16. Why do businesses use cash-flow forecasts as part of the internal planning process?

To estimate the value of their assets at the year end.

To assess potential profit or loss.

To allocate the marketing budget.

To predict future borrowing requirements

Answer

Correct Answer: To predict future borrowing requirements

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17.
Which of the following are incorrect?
1.Policies are established after a thorough study and analysis of work. Procedures are often established without any study and analysis.
2.Policies help us in fulfilling the objectives of the enterprise. Procedures show us the way to implement policies.
3.Policies are specific and lay down the sequence of definite acts. Procedures are generally broad and allow some discretion.
4.Policies are general guides to both thinking and action of people at higher levels. Procedures are general guides to action only, usually at lower levels.

a1 and 2

1 and 3

2 and 3

2 and 4

3 and 4

Answer

Correct Answer: 1 and 3

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18. Which of the following constitutes a fixed asset in a business?

Creditors

Debtors

Stock

Fixtures and fittings

Answer

Correct Answer: Fixtures and fittings

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19. Which of the following represents the implementation of a 'Just-in-Time' production approach?

The installation of a new computer system.

Receiving materials as and when they are required for production.

Having a large supply of materials ready to be processed

Implementing process controls to improve quality.

Introducing monitoring tools to assess efficiency

Answer

Correct Answer: Receiving materials as and when they are required for production.

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20. Which one of the following best completes the sentence:The principle of 'Unity of Command' is concerned with ------------------ .

activities

persons

remuneration

respect of authority

Answer

Correct Answer: persons

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21. According to Bruce Tuckman's model of group development, which is the second stage through which a team passes?

Storming

Forming

Performing

Norming

Answer

Correct Answer: Storming

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22. An employee's desire and commitment to perform that is manifested in job related effort defines his/her----------------------- .

aptitude

motivation

performance

ability

Answer

Correct Answer: motivation

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23. Which of the following is incorrect?

Because errors creep in more easily when decisions are made on the basis of subjective judgment or past experience, using Operations Research Techniques improves the likelihood of a good decision.

Operations Research Techniques make it possible to break down a complex large-scale problem into smaller parts that can be more easily diagnosed and manipulated.

Operations Research Techniques permit experimentation to take place without interfering with actual operations.

Operations Research Techniques can be effectively applied in many situations where the underlying variables cannot be quantified, e.g. situations involving human qualities and interpersonal relations.

Answer

Correct Answer: Operations Research Techniques can be effectively applied in many situations where the underlying variables cannot be quantified, e.g. situations involving human qualities and interpersonal relations.

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24. Which of the following is neither a cash in-flow nor cash out-flow?

Rents received

Payments from debtors

Payments to creditors

Mortgage repayments

Depreciation

Answer

Correct Answer: Depreciation

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25. Why does a business analyze its financial accounts to assess its solvency?

To check whether it can meet its current financial obligations.

To monitor depreciation.

To confirm customers are making prompt payments.

To assess the efficiency of the manufacturing process.

Answer

Correct Answer: To check whether it can meet its current financial obligations.

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26. Delegation takes place when ______________.

a superior abrogates responsibility for a task.

one person gives another the right to do a piece of work.

a subordinate is given orders.

the manager closely monitors the subordinate's execution of a task.

Answer

Correct Answer: one person gives another the right to do a piece of work.

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27. Which of the following best completes the sentence: "Repetitive decisions are known as _____________ ."

operational decisions

programmed decisions

routine decisions

standard decisions

Answer

Correct Answer: routine decisions

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28. A member of the Board of Directors of a company who is not an employee of the company is called a-------------------- .

consultant

inside director

non-executive director

corporate officer

Answer

Correct Answer: non-executive director

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29. Which of the following statements is false?

Decision-making should be based on evidence.

Decision-making should take into account a range of factors.

Decision-making should involve key stakeholders.

Decision-making should be rapid.

Answer

Correct Answer: Decision-making should be rapid.

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30. Which is not a characteristic of a 'democratic leader' as identified by Lewin, Lippitt and White?

Involving subordinates in decision-making.

Acknowledging that he/she cannot know everything.

Devolving ultimate decision-making authority.

Earning subordinates' respect by listening to advice.

Answer

Correct Answer: Devolving ultimate decision-making authority.

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31. Which of the following is not a feature of a good organizational structure?

Clear line of authority

Adequate delegation of authority

Proper span of control

More managerial levels

Simple and flexible structure

Answer

Correct Answer: More managerial levels

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32. Which of the following is correctly ordered as a Management Process?

Staffing, Planning, Organizing, Directing, Co-ordinating, Controlling

Planning, Staffing, Organizing, Directing, Co-ordinating, Controlling

Planning, Organizing, Staffing, Directing, Co-ordinating, Controlling

Planning, Organizing, Staffing, Directing, Controlling, Co-ordinating

Answer

Correct Answer: Planning, Organizing, Staffing, Directing, Co-ordinating, Controlling

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33. Which of the following characterizes the difference between Managers and Leaders?

Leaders are concerned with strategic issues; managers are concerned with tactical issues

Managers are concerned with the vision of the company; leaders are concerned with the contingency plans

Managers are concerned with concepts; leaders are concerned with details

Managers are concerned with order and stability; leaders are concerned with change

Managers are concerned with directing others; leaders tend to do the work themselves

Answer

Correct Answer: Leaders are concerned with strategic issues; managers are concerned with tactical issues

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34. According to the Myers-Briggs classification of personality types, the opposite of 'perception' is--------------- .

judgment

intuition

sensing

feeling

thinking

Answer

Correct Answer: judgment

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35. Which of the following reveals whether or not a company is earning a profit?

Income statement

Statement of cash reconciliation

Balance statement

Statement of cash flows

Statement of owners' equity

Answer

Correct Answer: Income statement

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36. Recruitment, selection, and training is a function of-------------- .

organizing

directing

leadership

staffing

Answer

Correct Answer: staffing

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37. The degree to which a company owns its upstream suppliers and its downstream buyers is known as---------------- .

monopolization

vertical integration

specialization

diversification

Answer

Correct Answer: vertical integration

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38. Which of the following statements regarding the five core job dimensions is true?

The less feedback individuals receive, the more autonomy they feel and the more committed they will be to the job.

The less variety in the skills a person can use in performing work, the more the person perceives the task as meaningful or worthwhile.

The more the work has a direct effect on the work or lives of other people, the less the employee will view the job as meaningful.

The more autonomy in the work, the more responsibility the workers feel for their success and failures and the more committed they are to their work.

Answer

Correct Answer: The more autonomy in the work, the more responsibility the workers feel for their success and failures and the more committed they are to their work.

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39. A tool for evaluating organizational performance across the full range of a business is known as a 'balanced ________'.

scorecard

ledger

matrix

healthcheck

Answer

Correct Answer: scorecard

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40. A Mission Statement: ------------------- .

provides information as to what the organization is trying to achieve.

outlines a task to be undertaken by a team.

summarizes the outcome of a project.

sets out the high-level structure of the organization

Answer

Correct Answer: provides information as to what the organization is trying to achieve.

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41. Which of the following can be used as a term for Supervisor?

Area manager

Specialty manager

Front-line manager

Technical manager

Answer

Correct Answer: Front-line manager

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42. What is a 'stakeholder map'?

A means of plotting the location of customers

A means of identifying all those affected by the organization.

A means of targeting your intended market.

A means of predicting sales growth.

Answer

Correct Answer: A means of identifying all those affected by the organization.

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43. If a subordinate is having difficulty carrying out a delegated task, what should a manager do?

Take over the task for the employee so he or she will not become demoralized.

Be available as a role model and resource in identifying alternative solutions.

Give the employee a second delegated task so he or she has another opportunity to prove his worth.

Answer

Correct Answer: Be available as a role model and resource in identifying alternative solutions.

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44. Which one of the following is another term for the Scalar Principle?

Span of Control

Unity of Direction

Unity of Command

Chain of Command

Personal ability

Answer

Correct Answer: Chain of Command

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45. Jack Smith was reviewing the performance of his employees and was trying to decide which of them could profit the most from some additional managerial involvement. Listed below are the four employees he is considering. Everything else being equal, which of the following employees will benefit from the additional managerial involvement as a result of his/her performance being most appreciated?

Johnson, who has successfully worked independently for several years.

Marko, who has recently been assigned a highly-challenging, but relatively-unstructured task.

Baker, who has been employed with the firm in a variety of related positions for nearly fifteen years.

Louis, who recently received recognition for outstanding service.

Answer

Correct Answer: Marko, who has recently been assigned a highly-challenging, but relatively-unstructured task.

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46. What is the main advantage of employing staff on a temporary basis?

Greater flexibility in responding to customer requirements

Improved productivity

Enhanced customer satisfaction

Lower staff turnover

Answer

Correct Answer: Greater flexibility in responding to customer requirements

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47.
In which order would the following strategic planning activities take place?
1.Evaluating performance
2.Devising strategy
3.Documenting plans
4.Executing plans

2, 4, 3, 1

4, 3, 1, 2

3, 2, 1, 4

4, 1, 3, 2

2, 3, 4, 1

Answer

Correct Answer: 2, 3, 4, 1

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48. The 'Principle of Order' applies to-------------- .

one head and one plan

right person in right job

issuing instructions

justice and kindness

Answer

Correct Answer: right person in right job

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49. Selling stock not actually owned in the expectation that the price will fall is known as----------------------- .

going long

flotation

short-selling

divestment

Answer

Correct Answer: short-selling

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50. In which of the following circumstances is the directive method of introducing planned change inappropriate?

When the manager enjoys sufficient position power (e.g.: he/she has significant control over rewards and punishments).

When the employees are achievement-motivated and willing to accept the change.

If organization communication pattern is 'star-type', which favors the change agent as a leader over his subordinates

When the driving forces far outweigh the restraining forces.

Answer

Correct Answer: When the employees are achievement-motivated and willing to accept the change.

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51. Computers have helped immensely in the design and development of products for the manufacturing sector. With reference to this statement, which computer-related technology supports the above statement?

CAD

CAM

Decision Tree Analysis

Artificial Intelligence

CAP

Answer

Correct Answer: CAD

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52. Which of the following activities should not be outsourced?

Core business

Project management

Human Resources

Marketing

Sales

Answer

Correct Answer: Core business

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53. Which one of the following is not the function of Personnel Management?

Procurement of the right kind and number of persons.

Training and development of employees.

Integration of the interests of the personnel with that of the enterprise.

Management of customer requirements

Answer

Correct Answer: Management of customer requirements

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54. Set-up costs that make it difficult for new companies to enter a particular market are known as--------------------- .

hurdles to entry

barriers to entry

obstacles to entry

impediments to entry

Answer

Correct Answer: barriers to entry

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55. Which of the following defines 'apprenticeship' training?

A method of training meant to give the trainee sufficient knowledge and skill in those trades and crafts in which a long period of training is required for gaining complete proficiency.

A method of training which is generally provided to the skilled and technical personnel

A method involving the creation of a separate training centre within the plant itself for the purpose of providing training to new employees.

A method of training designed to help new staff rapidly to acquire simple skills

Answer

Correct Answer: A method of training meant to give the trainee sufficient knowledge and skill in those trades and crafts in which a long period of training is required for gaining complete proficiency.

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56. If the financial year starts in January, the Fixed Budget will be prepared ------------ .

a month or two earlier

in January

at the end of that year

as and when the Financial Manager decides

Answer

Correct Answer: a month or two earlier

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57. Which of the following types of costs is not typically 'variable':

Cost of raw materials

Cost of marketing

Cost of lighting

Cost of transportation

Answer

Correct Answer: Cost of lighting

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58. Which term refers to a document that sets out an organization's 'rules' regarding

Process

Policy

Procedure

Practice

Paradigm

Answer

Correct Answer: Policy

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59. Which of the following is not a financial statement?

Statement of Financial Loss

Income Statement

Balance Sheet

Statement of Retained Earnings

Statement of Cash Flow

Answer

Correct Answer: Statement of Financial Loss

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60. Which of the following is not a function of a 'transactional' leader?

Moving resources from areas of lesser productivity to areas of greater productivity

Working within a culture and competently supervising and coordinating the day-to-day management.

Maintaining the system through control of current procedures.

Recognizing and clarifying roles and task requirements.

Maintaining an organization's operation rather than changing it.

Answer

Correct Answer: Moving resources from areas of lesser productivity to areas of greater productivity

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61. Which item appears in both the balance sheet and the profit and loss account?

Suppliers

Heating

Sales

Closing stock

Answer

Correct Answer: Closing stock

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62. Operations can be classified according to their volume and variety of production, as well as the degree of variation and visibility. Which of the following operations would be classified as high-volume, low-variety?

A cashier's

A carpenter's

A family doctor's

A front-office bank's

Answer

Correct Answer: A cashier's

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63. Which of the following is not a key function of leadership?

Enthusing and inspiring staff

Setting strategic direction.

Being accountable for performance.

Closely monitoring the execution of tasks

Answer

Correct Answer: Closely monitoring the execution of tasks

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64. Which of the following is generally an inappropriate reason for delegation?

It relieves the manager of his/her heavy workload

It frees the manager to address more complex, higher-level needs.

Someone else is better qualified to do the task that needs to be done.

It helps create a formal organizational structure.

Answer

Correct Answer: It helps create a formal organizational structure.

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65. 'Span of Control' relates to the ------------ .

division of responsibility

delegation of authority

number of persons to be supervised

the physical area managed by a person

Answer

Correct Answer: number of persons to be supervised

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66. If a manager is attempting to establish motivational goals for his employees, which of the following should he do?

Involve subordinates in the goal-setting process

Set goals that are stated in very general terms

Set conflicting goals so employees can accomplish one goal or another as they choose

Set goals that are easy to achieve

Answer

Correct Answer: Involve subordinates in the goal-setting process

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67. Which term refers to an activity or a series of activities that transform inputs into outputs?

Process

Policy

Practice

Paradigm

Answer

Correct Answer: Process

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68. Long-term budgets are useful for those industries where the gestation period is long. Which of the following is not relevant to the above statement?

Machinery

Electricity

Textile

Engineering

Answer

Correct Answer: Machinery

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69. Self-regulation, one of the characteristics of an effective leader, is defined as the ability to -----.

understand one's own reactions and the effect of one's behavior on other team members.

control oneself and to reflect in complex situations.

maintain an ongoing commitment to a goal in often turbulent and chaotic times.

understand the complexities of other people's situations.

maintain teamwork in situations where uncertainty can isolate and drive people apart.

Answer

Correct Answer: control oneself and to reflect in complex situations.

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70. Which of the following is not included in calculating working capital?

Stock of work in progress

Plant

Debtors

Creditors

Answer

Correct Answer: Plant

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71. A tool to plot the duration of activities in a project and its dependencies is named after:

Robert George

Toby Williams

Henry Gantt

Samuel Edwards

Answer

Correct Answer: Henry Gantt

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72. In decentralization, subordinates ----------------- .

enjoy significant powers

are permitted limited powers

Do not get any powers

work unsupervised

are no longer managed

Answer

Correct Answer: enjoy significant powers

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73. What does the term 'Unity of Control' stand for under Principles of Organizing?

That there should be a limit to the number of persons that can be supervised effectively by one boss.

That each subordinate should have only one superior whose orders he has to obey.

That the line of authority from the chief executive at the top to the first line supervisor at the bottom must be clearly defined

That the activities of the enterprise should be divided according to functions and assigned to persons according to their specialization.

Answer

Correct Answer: That each subordinate should have only one superior whose orders he has to obey.

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74. Which term refers to an internal framework for ensuring that an organization behaves responsibly?

Performance monitoring

Governance

Strategy

Watchdog

Stakeholder

Answer

Correct Answer: Governance

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75. Which of the following is a current liability of a business?

Cash

Debtors

Bank overdraft

Work in progress

Answer

Correct Answer: Bank overdraft

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76. Which two factors are combined to evaluate the size of risks facing an organization?

Probability and Scale.

Impact and Importance

Probability and Impact

Scale and Importance.

Answer

Correct Answer: Probability and Impact

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77.
Which of the following are not legitimate risk management options?
1.Terminate
2.Turn
3.Tolerate
4.Treat
5.Test
6.Transfer

1 and 4

2 and 3

5 and 6

2 and 5

1 and 6

Answer

Correct Answer: 2 and 5

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78. Which of the listed management functions involves creating an environment where everyone works together to achieve the common goals of the organization?

Planning

Controlling

Leading

Recruiting

Organizing

Answer

Correct Answer: Organizing

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79. Which one of the following is not the purpose of Performance Appraisal?

It can serve as a basis for job change or promotion.

It serves as a guide for formulating a suitable training and development program.

It provides the rational foundation for the payment of piece work, wages, bonuses, etc.

It makes the worker committed and loyal to the organization.

It serves as feedback to the employee.

Answer

Correct Answer: It makes the worker committed and loyal to the organization.

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80. Which ratio shows an organization's effectiveness in minimizing production costs?

Gross profit ratio

Current ratio

Efficiency ratio

Selling ratio

Answer

Correct Answer: Gross profit ratio

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81. Which of the following is an external source of recruitment?

Promotion from within

Transfer of employees

Unsolicited applicants

Staff returning from maternity leave

Answer

Correct Answer: Unsolicited applicants

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82. Which of the following statements is not likely to characterize a planning approach to strategy development?

Strategies are the outcome of rational, sequential, and methodical practices

Definite and precise objectives are set

Strategies are developed by negotiation and bargaining between interest groups

Defined procedures for the implementation and achievement of strategic objectives are developed

None of the above

Answer

Correct Answer: None of the above

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83. Which of the following would help a company manufacture products to the standard required by the customer?

Performance appraisal

Stock control

Quality control

Strategic planning approach

Answer

Correct Answer: Quality control

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84. There are some important measures which a company can use to determine the effects of training. Which of the following is not one of them?

Production

Changes in specific results, such as turnover

Job applications

Profit of the company

Overall growth

Answer

Correct Answer: Job applications

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85.
Which of the following characterise a 'differentiation'-based business model?
1.High sales volume
2.High profit margin
3.Well- regarded brand
4.High-quality manufacture

1,2 and 4

2, 3 and 4

1, 3 and 4

1, 2 and 3

All of the above

Answer

Correct Answer: 2, 3 and 4

Note: This Question is unanswered, help us to find answer for this one

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Basic Management Skills MCQ

1. Progressive women reformers worked to _____.

2. In the context of the reinforcement theory, reinforcers are ________.

3. Read the given scenario and answer the question that follows.Consider yourself as a leader of the logistics team and due to heavy workload, you need to delegate the responsibility to other team members.Which of the following options should be kept in mind when you plan to delegate?

4. In relation to multitasking skills, which of the following options is the potential factor wherein the important critical issues and genuine bottlenecks cannot be identified and the resources of the organization are actually wasted on the wrong problems.

6. In which of the following phases of team development, the team members with the help of their past experiences solve problems and pull together as a cohesive group?

7. In relation to workload management, which of the following options can be used to monitor and measure data with related to a workload issue?

8. Choose True or False.Multitasking conserves energy.

9. Which of the following can be the possible advantages when people gravitate to multitasking in an organization

11. Which of the following options can be the reasons for delegation of authority?

12. In relation to multitasking, which of the following options are the potential examples of multitasking?

13. In which context are the terms Unfreezing and Refreezing used?

14. Which term refers to a document that sets out an organization's 'rules' regarding a particular issue?

15. Budgetary control systems involve ______________.

16. Why do businesses use cash-flow forecasts as part of the internal planning process?

18. Which of the following constitutes a fixed asset in a business?

19. Which of the following represents the implementation of a 'Just-in-Time' production approach?

20. Which one of the following best completes the sentence:The principle of 'Unity of Command' is concerned with ------------------ .

21. According to Bruce Tuckman's model of group development, which is the second stage through which a team passes?

22. An employee's desire and commitment to perform that is manifested in job related effort defines his/her----------------------- .

23. Which of the following is incorrect?

24. Which of the following is neither a cash in-flow nor cash out-flow?

25. Why does a business analyze its financial accounts to assess its solvency?

26. Delegation takes place when ______________.

27. Which of the following best completes the sentence: "Repetitive decisions are known as _____________ ."

28. A member of the Board of Directors of a company who is not an employee of the company is called a-------------------- .

29. Which of the following statements is false?

30. Which is not a characteristic of a 'democratic leader' as identified by Lewin, Lippitt and White?

31. Which of the following is not a feature of a good organizational structure?

32. Which of the following is correctly ordered as a Management Process?

33. Which of the following characterizes the difference between Managers and Leaders?

34. According to the Myers-Briggs classification of personality types, the opposite of 'perception' is--------------- .

35. Which of the following reveals whether or not a company is earning a profit?

36. Recruitment, selection, and training is a function of-------------- .

37. The degree to which a company owns its upstream suppliers and its downstream buyers is known as---------------- .

38. Which of the following statements regarding the five core job dimensions is true?

39. A tool for evaluating organizational performance across the full range of a business is known as a 'balanced ________'.

40. A Mission Statement: ------------------- .

41. Which of the following can be used as a term for Supervisor?

42. What is a 'stakeholder map'?

43. If a subordinate is having difficulty carrying out a delegated task, what should a manager do?

44. Which one of the following is another term for the Scalar Principle?

46. What is the main advantage of employing staff on a temporary basis?

47. In which order would the following strategic planning activities take place? 1.Evaluating performance2.Devising strategy3.Documenting plans4.Executing plans

48. The 'Principle of Order' applies to-------------- .

49. Selling stock not actually owned in the expectation that the price will fall is known as----------------------- .

50. In which of the following circumstances is the directive method of introducing planned change inappropriate?

51. Computers have helped immensely in the design and development of products for the manufacturing sector. With reference to this statement, which computer-related technology supports the above statement?

52. Which of the following activities should not be outsourced?

53. Which one of the following is not the function of Personnel Management?

54. Set-up costs that make it difficult for new companies to enter a particular market are known as--------------------- .

55. Which of the following defines 'apprenticeship' training?

56. If the financial year starts in January, the Fixed Budget will be prepared ------------ .

57. Which of the following types of costs is not typically 'variable':

58. Which term refers to a document that sets out an organization's 'rules' regarding

59. Which of the following is not a financial statement?

60. Which of the following is not a function of a 'transactional' leader?

61. Which item appears in both the balance sheet and the profit and loss account?

62. Operations can be classified according to their volume and variety of production, as well as the degree of variation and visibility. Which of the following operations would be classified as high-volume, low-variety?

63. Which of the following is not a key function of leadership?

64. Which of the following is generally an inappropriate reason for delegation?

65. 'Span of Control' relates to the ------------ .

66. If a manager is attempting to establish motivational goals for his employees, which of the following should he do?

67. Which term refers to an activity or a series of activities that transform inputs into outputs?

68. Long-term budgets are useful for those industries where the gestation period is long. Which of the following is not relevant to the above statement?

69. Self-regulation, one of the characteristics of an effective leader, is defined as the ability to -----.

70. Which of the following is not included in calculating working capital?

71. A tool to plot the duration of activities in a project and its dependencies is named after:

72. In decentralization, subordinates ----------------- .

73. What does the term 'Unity of Control' stand for under Principles of Organizing?

74. Which term refers to an internal framework for ensuring that an organization behaves responsibly?

75. Which of the following is a current liability of a business?

76. Which two factors are combined to evaluate the size of risks facing an organization?

77. Which of the following are not legitimate risk management options?1.Terminate2.Turn3.Tolerate4.Treat5.Test6.Transfer

78. Which of the listed management functions involves creating an environment where everyone works together to achieve the common goals of the organization?

79. Which one of the following is not the purpose of Performance Appraisal?

80. Which ratio shows an organization's effectiveness in minimizing production costs?

81. Which of the following is an external source of recruitment?

82. Which of the following statements is not likely to characterize a planning approach to strategy development?

83. Which of the following would help a company manufacture products to the standard required by the customer?

3.
Read the given scenario and answer the question that follows.

Consider yourself as a leader of the logistics team and due to heavy workload, you need to delegate the responsibility to other team members.
Which of the following options should be kept in mind when you plan to delegate?

8.
Choose True or False.

Multitasking conserves energy.

47.
In which order would the following strategic planning activities take place?
1.Evaluating performance
2.Devising strategy
3.Documenting plans
4.Executing plans

77.
Which of the following are not legitimate risk management options?
1.Terminate
2.Turn
3.Tolerate
4.Treat
5.Test
6.Transfer

85.
Which of the following characterise a 'differentiation'-based business model?
1.High sales volume
2.High profit margin
3.Well- regarded brand
4.High-quality manufacture