Question No: 9 ( Marks: 1 ) - Please choose one
In Europe today banks and insurance companies are linking up in an effort to market a wide array of financial products that each would have trouble selling on its own. They are practicing which of the following concept?
► Transformation
► Entropy
► Negative Entropy
► Synergy
tel me correct answerDear fellow check and send me back quickly
Which of the following statement is NOT true for productivity?
► Productivity is a major goal in virtually every organization
► For individual companies, increased productivity means a more competitive cost structure
► Productivity is a composite of people and operations variables
► Productivity can be improved by dealing with large number of suppliers
Question No: 2 ( Marks: 1 ) - Please choose one
Ideal bureaucracy by Max Weber includes all of the following EXCEPT:
► Specialization of Labor
► Formalization of Line of Authority into hierarchal structure
► Formalization of scalar chain
► Formalization of career advancement process
Question No: 3 ( Marks: 1 ) - Please choose one
How many employees were employed in the construction procedure of the Egyptian Pyramid?
► 150000
► 165000
► 130000
► 100000
Question No: 4 ( Marks: 1 ) - Please choose one
Determining the tasks to be accomplished, how the tasks are to be grouped and who is responsible for the various tasks is known as which of the following processes of management?
► Planning
► Organizing
► Leading
► Controlling
Question No: 5 ( Marks: 1 ) - Please choose one
Munib is the CEO of a hospital. He has spent his day planning the schedules of employees for next month. He spent his day in:
► Planning
► Organizing
► Leading
► Controlling
Question No: 6 ( Marks: 1 ) - Please choose one
Which level of management is responsible for making organization wide decisions and establishing the plans and goals that affect the entire organization?
► Non managerial staff
► Top management
► Middle management
► First-line management
Question No: 7 ( Marks: 1 ) - Please choose one
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 No: 8 ( Marks: 1 ) - Please choose one
Chester Barnard saw organizations as a ______system that required human assistance.
► Moral
► Ethical
► Social
► Technical
Question No: 9 ( Marks: 1 ) - Please choose one
All of the following are major elements of the mega environment EXCEPT:
► Technological
► Economic
► Socio-cultural
► Competitors
Question No: 10 ( Marks: 1 ) - Please choose one
How managers should make decisions in their organizations is known as:
► Descriptive decision making
► Normative decision making
► Bounded decision making
► Rational decision making
Question No: 11 ( Marks: 1 ) - Please choose one
Attempting to understand the signs of some problem comes under:
► Scanning stage
► Categorization stage
► Diagnosis stage
► Implementation stage
Question No: 12 ( Marks: 1 ) - Please choose one
Choosing the best alternative is a relatively simple matter if we have done a good job in step five of rational decision making process while assigning:
► The weighted criteria correctly
► Right decision criteria
► Analyzing alternatives
► The highest weighted score
Question No: 13 ( Marks: 1 ) - Please choose one
Rules, procedures and policies are most suitable for which of the following problems?
► Well-structured
► Ill-structured
► Programmed
► Non-programmed
Question No: 14 ( Marks: 1 ) - Please choose one
Which of the following requires managers to select the best alternative from multiple criteria or alternative solutions?
► Escalation of commitment
► Optimizing
► Satisfying
► Bounded rationality
Question No: 15 ( Marks: 1 ) - Please choose one
Suppose you need a subject to take in order to graduate. There are five different courses you could take. You call one friend and on the basis of her excellent experiences in mathmatics, you choose it. Which of the following would best describe this situation?
► Bounded rationality
► Unbounded rationality
► Escalation of commitment
► Rational decision-making
Question No: 16 ( Marks: 1 ) - Please choose one
A manager purchased stock from a company and refused to sell it even after it dropped 40 percent in value over the past 6 months. Which of the following will best describe this situation?
► Optimizing
► Satisficing
► Bounded Rationality
► Escalation of Commitment
Question No: 17 ( Marks: 1 ) - Please choose one
All of the following are advantages of group decision making EXCEPT:
► Increased legitimacy
► Complete information
► Fewer alternatives due to groupthink
► Increased acceptance of the decision
Question No: 18 ( Marks: 1 ) - Please choose one
Which of the following plans are concerned more with actually getting things done than with deciding what to do?
► Strategic
► Tactical
► Long-term
► Operational
Question No: 19 ( Marks: 1 ) - Please choose one
Which of the following is the way through which an organization distributes its resources across the areas in which it competes?
► Scope
► Distinctive Competency
► Resource deployment
► Effective strategy
Question No: 20 ( Marks: 1 ) - Please choose one
Which of the following is the second step of goal setting?
► Evaluate available resources
► Review organization's mission
► Write down goals
► Estimate expected benefits
Question No: 21 ( Marks: 1 ) - Please choose one
All of the following are steps in objective setting EXCEPT:
► Specify deadline
► Allow the employee to actively participate
► Link rewards to effort
► Prioritize goals
Question No: 22 ( Marks: 1 ) - Please choose one
Safeguard is an anti-bacterial soap that provides superior longer lasting germ protection. Through this soap Procter & Gamble is practicing which of the following strategies?
► Stability Strategy
► Differentiation strategy
► Emergent strategy
► Cost leadership strategy
Question No: 23 ( Marks: 1 ) - Please choose one
A strategy in which an organization operates in several business that are some how linked with one another is called:
► Single product strategy
► Related diversification
► Unrelated diversification
► Conglomerate diversification
Question No: 24 ( Marks: 1 ) - Please choose one
Which of the following is a process by which individuals pursue opportunities, fulfill needs and wants through innovation, without regard to the resources they currently control?
► Small business ownership
► Innovative Management
► Entrepreneurship
► Privatization
Question No: 25 ( Marks: 1 ) - Please choose one
A construction supervisor who sees an impending thunderstorm, tells workers to go home, and secures the site is demonstrating:
► Authority
► Delegation
► Accountability
► Responsibility
Question No: 26 ( Marks: 1 ) - Please choose one
The degree to which tasks in an organization are divided into separate jobs is called:
► Centralization
► Span of control
► Chain of command
► Work specialization
Question No: 27 ( Marks: 1 ) - Please choose one
The fact that managers can become experts within their industry is a function of which kind of departmentalization?
► Product
► Functional
► Process
► Geographical
Question No: 28 ( Marks: 1 ) - Please choose one
Which structure is an advanced version of the matrix organization, where employees continuously work on assignments that are oriented towards completion of a task?
► Functional
► Weighted
► Project
► Conservative
Question No: 29 ( Marks: 1 ) - Please choose one
The organization structure in which separate business units are grouped under a manager who is responsible for performance, strategy and operations is called:
► Outdated structure
► A divisional structure
► Functional structure
► A simple structure
Question No: 30 ( Marks: 1 ) - Please choose one
Which of the following factors influence an organization towards centralization?
► Lower-level managers want a part in decision making
► Environment is complex and uncertain
► Decisions are significant
► Company is geographically dispersed
Question No: 31 ( Marks: 1 ) - Please choose one
In order to make organization more flexible and responsive it should tend towards which of the following?
► Decentralization
► Globalization
► Departmentalization
► Widen the span of control
Question No: 32 ( Marks: 1 ) - Please choose one
Horizontal coordination links the activities of which of the following?
► Same departmental level
► From Top to bottom
► From Bottom to top level
► Different departmental level
Question No: 33 ( Marks: 1 ) - Please choose one
Which of the following is strength of an organization with a simple structure?
► Clear accountability
► Rely on one person
► Maintain as the organization grows
► Employees are more empowered
Question No: 34 ( Marks: 1 ) - Please choose one
Which of the following best describes need for Power?
► Desire to influence others and control one's environment
► Desire to accomplish challenging task
► Desire for friendly and interpersonal relationship
► Desire to achieve a set of standards or to strive to succeed
Question No: 35 ( Marks: 1 ) - Please choose one
According to McClelland's three needs theory of motivation, a good salesperson is probably high in which of the following need?
► Need for Affiliation
► Need for Achievement
► Need for Power
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