Quiznetik

Business Management | Set 3

1. The four types of social responsibility include:

Correct : A. legal, philanthropic, economic, and ethical

2. A(n) is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.

Correct : B. ethical issue

3. Which of the following statements best describes Corporate Social Responsibility?

Correct : B. a corporation's obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.

4. The moral case for CSR, i.e. that it is the right thing to do, is justified by which of the following arguments?

Correct : A. that the corporation is a creation of society and should therefore serve its needs.

5. Which of the following form part of the business case for CSR?

Correct : D. all of the options given.

6. The word moral is derived from the Latin word ………

Correct : A. moralis

7. ……..ethics is a study of human behaviour as a consequence of beliefs about what is right or wrong.

Correct : D. moral

8. The main purpose of business ethics is to?

Correct : B. principles and concepts

9. …………………is primarily concerned with the relationship of business goals and techniques to specifically human ends

Correct : A. business ethics

10. …………are the principles, which govern and guide business people to perform business functions

Correct : A. business ethics

11. In ………… style of leadership a manager centralizes decision making power in himself

Correct : A. autocratic

12. ……………… leader tries to make the subordinates to feel that they are actually participating in decision making even though he had already taken he decision.

Correct : C. manipulative autocrat

13. ………………. Leadership gives complete freedom to subordinates

Correct : C. free rein

14. Participative leadership is also referred as …………………. leadership

Correct : D. all of these

15. ……………. Is vested with the democratic style of leadership

Correct : C. decentralization of authority

16. --------- is considered as the primary function of management?

Correct : B. planning

17. MBO stands for?

Correct : B. management by objectives

18. -------- is the process of selecting one best alternatives from different alternatives.

Correct : C. decision making

19. -------- is the process of identifying and grouping of work to be performed

Correct : A. organizing

20. Operational guides to action is known as

Correct : B. procedures

21. -------- is a sequence of activities to be undertaken for implementing the policies and achieving the objectives of an enterprise.

Correct : B. programme

22. -------- is an organizational structure which clearly defines duties, responsibilities, and authority.

Correct : A. formal

23. Koontz and O’Donnel are the advocates of ……………….approach to management

Correct : D. operational

24. According to …………… approach, management is a logical process and it can be expressed in terms of mathematical symbols and relationships.

Correct : B. management science

25. ……………….approach of management heavily concentrates on ‘People’ aspect of management.

Correct : A. human relations

26. ……………is the art of knowing exactly what you want men to do and then seeing that how they do it in the best and cheapest way.

Correct : B. scientific management

27. …………..is introduced to secure the benefits of division of labour or specialization at the supervising level under scientific management

Correct : B. functional foremanship

28. ………………….helps to determine a fair days work and rest period to complete it

Correct : A. work study

29. The main objective of ……………..study is to determine and eliminate unnecessary and wasteful movements

Correct : C. motion study

30. The author of the famous book “General and Industrial Management” is……………………

Correct : A. henry fayol

31. Comparison between actual and standard performance is known as……

Correct : C. controlling

32. CPM method of control was developed by

Correct : B. de pont co.

33. Standard costing is used to control the

Correct : B. profit

34. To convert a message in to groups of words, symbols, gestures or sounds that present ideas or concepts is called…….

Correct : A. encoding

35. Suggestions for improvements from an employee in the accounting department are an example of…..

Correct : A. upward communication

36. Father of Modern Management theory is ………………

Correct : A. henry fayol

37. ………….suggests that each communication going up or coming down must flow through each position in the line of authority

Correct : C. scalar chain

38. Management can be considered as………………..

Correct : D. b or c

39. …………………..is that phase of business enterprise that concerns itself with the overall determination of institutional objectives and the policies necessary to be followed in achieving those objectives.

Correct : B. administration

40. ……….has defined the basic problem of managing as the art of “knowing exactly what you want men to do and then see that they do it in the best and cheapest way “

Correct : B. f.w. taylor

41. According to functional foremanship, the speed boss, Inspector, foreman and gang boss are entrusted with the …………………aspect of work.

Correct : C. doing

42. …………..is undertaken to find out the one best way of doing the thing

Correct : A. job analysis

43. The principle of Unity of command is contrary to Taylors……………………..

Correct : C. functional foremanship

44. According to …………..principle, each group of activities with the same objective must have one head and one plan

Correct : A. unity of direction

45. Everything which goes to increase the importance of subordinates role is……………….

Correct : A. decentralization

46. The Book “ Functions of Executive” was written by …………………..

Correct : B. chester barnard

47. ………………..school of Management recognizes the existence of a centralized body of knowledge for the Management.

Correct : D. operational

48. …………..school of thought has developed on the idea that there is no single best method to find solutions to Managerial problems

Correct : C. contingency

49. There are……. Levels of management

Correct : B. three

50. Luther Gullick described functions of management as………

Correct : A. podscorb

51. ……… can be defined as the process of grouping of activities in to units and subunits for the purpose of administration

Correct : A. departmentation

52. . …………….is a comprehensive plan designed to implement the policy and accomplish the objectives.

Correct : D. programs.

53. ‐‐‐‐‐‐‐‐ are the simplest and the most specific type of standing plans.

Correct : B. rule

54. ------------is the process of searching for prospective employees and stimulating them to apply for the Job.

Correct : C. recruitment

55. ---------- is considered as a negative function of management.

Correct : A. selection

56. --------- is the process of comparing actual performance with the standard and taking corrective Action.

Correct : A. controlling

57. --------- a process of integrating the interdepartmental activities as unified action towards the Achievement of the common goal of the organization.

Correct : B. directing

58. Two Factor Theory was developed by …………….

Correct : C. herzberg

59. Achievement Theory was developed by ……….

Correct : D. mc clelland

60. Achievement Theory is concerned with ………………..

Correct : D. all of these

61. Mc Gregor’s motivation theory is known as ………………

Correct : A. theory x and y

62. …………….. is vested with negative motivation

Correct : B. theory x

63. The techniques and tools for organizing and co-ordinating a group of individuals working towards a common goal

Correct : B. team management

64. ……….. Communication is also known as Grape wine

Correct : B. informal

65. ……… approach of management heavily concentrates on People aspect of management

Correct : A. human relation

66. ………….. developed MBO

Correct : D. peter f drucker

67. MBO gives emphasis on …………….

Correct : C. objectives

68. MBO establishes a …………………

Correct : A. community of interest

69. According to Fayol , the principles of Management are……………….

Correct : B. flexible

70. ………..is the right of a superior to give orders to subordinates, take decisions etc.

Correct : A. authority

71. Authority and responsibility are …………….to each other

Correct : B. complementary

72. ………….principle states that an employee should receive orders form one superior only

Correct : B. unity of command

73. According to ………….principle, there should always exist one head and one plan for a group of activities having the same objective

Correct : A. unity of direction

74. …………..is highly suitable for large organizations having large number of managerial personnel at different levels.

Correct : B. decentralization

75. ………….is defined as a chain of superiors ranging from the ultimate authority to the lowest ranks

Correct : B. scalar chain

76. The book “Creative Experience was written by ………………..

Correct : C. mary parker follet

77. ……… is a world wide federation of national standards bodies, with one body representing each member country.

Correct : D. iso

78. Ethics means ……….

Correct : D. all of tehse

79. …… is a sub function of direction

Correct : A. supervision

80. ......... refers to coordination between activities of a manager and his subordinates

Correct : A. vertical coordination

81. Which of the following is not an area of responsibility for a logisticsmanager?

Correct : D. marketing

82. The objective of ISO-9000 family of Quality management is

Correct : A. customer satisfaction

83. Which of the following is responsible for quality objective?

Correct : A. top level management

84. Which of the following is for Environment management?

Correct : B. iso-14000

85. The necessity of human relation in management is emphasised by….

Correct : A. elton mayo

86. Ethics is a system of …………… principles

Correct : A. moral

87. .………….. mean a code of conduct

Correct : C. ethics

88. A document prepared to guide organization members when encountering ethical dilemmas is

Correct : C. code of ethics

89. The form of ethics that endeavors to help professionals decide what to do when they are confronted with a case or situation that raises an ethical question or moral problem is referred to as

Correct : C. business ethics

90. ……….. is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several action that must be evaluated as right or wrong.

Correct : B. ethical issue

91. ……….. ethics is study of human behavior as a consequence of beliefs about what is right or wrong.

Correct : D. moral

92. The word “ethics” is derived from greek word ………….

Correct : B. ethikos

93. Ethics is a ……….

Correct : B. normative science

94. Ethics means…………..

Correct : D. all of these

95. …………. Deals with the right actions of individuals.

Correct : C. ethics

96. What is the classical view of management's social responsibility?

Correct : B. to maximise profits

97. What does the socio - economic view of social responsibility talk about?

Correct : A. social responsibility goes beyond making profits to include protecting and improving society's welfare

98. What is the only concern of stock holders?

Correct : A. financial return

99. Which of the following is a disadvantage of social responsibility?

Correct : D. violation of profit maximization

100. __________ is when a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities.

Correct : A. social obligation