MGT-503 No 2

41 Questions | Attempts: 189
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MGT Quizzes & Trivia

PRINCIPLES OF MANAGEMENT


Questions and Answers
  • 1. 

     An organized set of behavior that is associated with particular office or position is called:        

    • A.

      Role

    • B.

      Obligation

    • C.

      Responsibility

    • D.

      Function

    Correct Answer
    A. Role
  • 2. 

     Sulman thinks about his job while playing with his son on the weekend, and he continually volunteers to do extra assignments and project for his department.  These suggest that Sulman has a strong need for :       

    • A.

      Esteem

    • B.

      Security

    • C.

      Achievement

    • D.

      Power

    Correct Answer
    A. Esteem
  • 3. 

     Which of the following is not a basic function of management process?        

    • A.

      Controlling

    • B.

      Organizing

    • C.

      Leading

    • D.

      Working

    Correct Answer
    D. Working
  • 4. 

    As managers move toward the organizational hierarchy, problems are more likely to become which of the following?     

    • A.

      Well-structured

    • B.

      Ill-structured

    • C.

      Programmed

    • D.

      Non-programmed

    Correct Answer
    B. Ill-structured
  • 5. 

     Ali is especially good at communicating company goals to his employees and motivating them to achieve these goals. Ali is practicing which of the following skills?     

    • A.

      Conceptual skills

    • B.

      Organizational skills

    • C.

      Technical skills

    • D.

      Human skills

    Correct Answer
    D. Human skills
  • 6. 

    A state legislative plan that calls for a 2.45 percent increase in tobacco sales tax for the next 2 years would be considered which of the following type of plan?   

    • A.

      Strategic

    • B.

      Operational

    • C.

      Specific

    • D.

      Directional

    Correct Answer
    C. Specific
  • 7. 

    Plans that apply to the entire organization, establish the organization's overall objectives and seek to position the organization in terms of its environment are called:     

    • A.

      Tactical plans

    • B.

      Strategic plans

    • C.

      Single-use plans

    • D.

      Operational plans

    Correct Answer
    B. Strategic plans
  • 8. 

     A few years ago Black and Decker bought general electric’s small appliance business. 150 products were converted from GE to Black and Decker label. A total of 140 steps were used for each product. It took 3 years. The total conversion of product line was:       

    • A.

      A Program

    • B.

      A project

    • C.

      A policy

    • D.

      A rule

    Correct Answer
    B. A project
  • 9. 

     Which of the following involves allocating resources by detailing what activities have to be done, the order in which they are to be completed, who is to do each and when they are to be completed?       

    • A.

      Benchmarking

    • B.

      Budgeting

    • C.

      Competitor intelligence

    • D.

      Scheduling

    Correct Answer
    D. Scheduling
  • 10. 

    The strap of Ali's bag tore off as he threw it over his shoulder. On the way to school, he stopped at the first store that carries bags, walked in and purchased one from the front rack. Ali has just made which of the following type of decision?       

    • A.

      Maximizing

    • B.

      Satisficing

    • C.

      Risky

    • D.

      Optimal

    Correct Answer
    B. Satisficing
  • 11. 

     Asad spoke out in a meeting in favor of a potential cost savings that would result from a new employee benefits program offered by the company. He later received information that showed that his initial decision about the cost savings was incorrect, but he was too embarrassed to publicly admit that he was wrong, so he stuckby his original statement. Asad is practicing which of the following?       

    • A.

      Bounded rationality

    • B.

      Satisficing

    • C.

      Escalation of commitment

    • D.

      Maximizing

    Correct Answer
    A. Bounded rationality
  • 12. 

    Jay tends to always look at the broad picture and likes to look at many alternatives. He focuses on the long run and looks for creative solutions. He prefers which of the following styles of decision making?        

    • A.

      Analytic

    • B.

      Conceptual

    • C.

      Directive

    • D.

      Behavioral

    Correct Answer
    B. Conceptual
  • 13. 

     Akbar has just been given the assignment of developing the marketing strategy for the company's new product to be introduced at Eid. Akbar will require which of the following type of decision making?      

    • A.

      Ill-structured

    • B.

      Programmed

    • C.

      Non-Programmed

    • D.

      Well-structured

    Correct Answer
    C. Non-Programmed
  • 14. 

    Which of the following is the step in the decision-making process that follows identifying a problem and decision criteria?        

    • A.

      Allocating weights to the criteria

    • B.

      Analyzing the alternatives

    • C.

      Selecting the best alternative

    • D.

      Implementing the alternative

    Correct Answer
    A. Allocating weights to the criteria
  • 15. 

     Once a manager has identified a problem, the next step would be the identification of:     

    • A.

      Discrepancies

    • B.

      Decision criteria

    • C.

      Scenarios

    • D.

      Factor weights

    Correct Answer
    B. Decision criteria
  • 16. 

    Which of the following must be present in order to initiate the decision-making process?     

    • A.

      Plenty of time

    • B.

      Pressure to act

    • C.

      Time management

    • D.

      Effective use of resources

    Correct Answer
    D. Effective use of resources
  • 17. 

     The extent to which an alternative can be accomplished within related organizational constraints such as time, budgets, technology and policies is called:      

    • A.

      Reversibility

    • B.

      Sustainability

    • C.

      Feasibility

    • D.

      Acceptability

    Correct Answer
    C. Feasibility
  • 18. 

     EU, NAFTA, FTAA and ASEAN are examples of:       

    • A.

      Regional trade alliances

    • B.

      Foreign airlines

    • C.

      Soccer teams in Europe

    • D.

      New multinational corporations

    Correct Answer
    A. Regional trade alliances
  • 19. 

     A society where there is relatively little job mobility and widely practiced lifetime employment would be an example of which of the following dimensions of national culture?       

    • A.

      Power distance

    • B.

      Uncertainty avoidance

    • C.

      Short- versus long-term orientation

    • D.

      Individualism versus collectivism

    Correct Answer
    B. Uncertainty avoidance
  • 20. 

    European Union was established in:      

    • A.

      February 1992

    • B.

      January 1994

    • C.

      July 1992

    • D.

      November 1993

    Correct Answer
    A. February 1992
  • 21. 

    Under which of the following approach, managers impose and enforce rules fairly and impartially and do so by following all legal rules and regulations. A manager using this theory would decide to provide the same rate of pay to individuals who are similar in their level of skills, performance and gender?         

    • A.

      Integrative social contracts

    • B.

      Right view of ethics

    • C.

      Utilitarian view of ethics

    • D.

      Theory of justice of ethics

    Correct Answer
    D. Theory of justice of ethics
  • 22. 

     A formal written statement of the values and ethical standards that guide a firm’s action is called:       

    • A.

      Values

    • B.

      Code of ethics

    • C.

      Social responsiveness

    • D.

      Norms

    Correct Answer
    B. Code of ethics
  • 23. 

    A large pulp and paper company meets all federal guidelines and obeys all laws rigorously as it cuts down timber. The primary concern of this company is compliance and profit maximization for its stockholders. This company is exhibiting which of the following?       

    • A.

      Social responsibility

    • B.

      Social obligation

    • C.

      Moral obligation

    • D.

      Social responsiveness

    Correct Answer
    B. Social obligation
  • 24. 

    All of the following are the parts of organization’s external environment, EXCEPT:    

    • A.

      Culture

    • B.

      Customers

    • C.

      Competitors

    • D.

      Regulators

    Correct Answer
    D. Regulators
  • 25. 

    Task environment is also called:       

    • A.

      Specific environment

    • B.

      Goal orientated environment

    • C.

      Open environment

    • D.

      Close environment

    Correct Answer
    A. Specific environment
  • 26. 

    Which of the following concept suggests that organizational units may often be more successful working together than working alone?      

    • A.

      Transformation

    • B.

      Synergy

    • C.

      Negative Entropy

    • D.

      Entropy

    Correct Answer
    B. Synergy
  • 27. 

    Which of the following is called output of a system?          

    • A.

      Human

    • B.

      Information resource

    • C.

      Employee behavior

    • D.

      Material

    Correct Answer
    C. Employee behavior
  • 28. 

     In Maslow's hierarchy of need, status is an example of which of the folowing need?            

    • A.

      Physiological

    • B.

      Esteem

    • C.

      Safety

    • D.

      Social

    Correct Answer
    B. Esteem
  • 29. 

    Munsterberg is considered to be the father of ________ psychology.            

    • A.

      Clinical

    • B.

      Industrial

    • C.

      Behavior

    • D.

      Theoretical

    Correct Answer
    B. Industrial
  • 30. 

    The formal right to give orders, make decisions, and see that tasks are completed is called:    

    • A.

      Centralization

    • B.

      Authority

    • C.

      Responsibility

    • D.

      Decentralization

    Correct Answer
    B. Authority
  • 31. 

     Henri Fayol was a successful industrialist of :  

    • A.

      France

    • B.

      Germany

    • C.

      America

    • D.

      Canada

    Correct Answer
    A. France
  • 32. 

    Which of the following is considered to be the father of modern computing?      

    • A.

      Fredrick W Taylor

    • B.

      Abraham Maslow

    • C.

      Charles Babbage

    • D.

      Max Weber

    Correct Answer
    C. Charles Babbage
  • 33. 

     Which type of managerial skill refers to the ability to analyze and diagnose complex situations?       

    • A.

      Problem-solving

    • B.

      Interpersonal

    • C.

      Conceptual

    • D.

      Technical

    Correct Answer
    C. Conceptual
  • 34. 

    The people who work directly on a job or task and have no responsibility for overseeing the work of others are called:     

    • A.

      First-line managers

    • B.

      Middle managers

    • C.

      Non managerial staff

    • D.

      Supervisors

    Correct Answer
    C. Non managerial staff
  • 35. 

     There are two main concepts referred to as "doing things right and “doing the right things." These factors are:      

    • A.

      Efficacy and effectiveness

    • B.

      Efficiency and economy

    • C.

      Efficiency and effectiveness

    • D.

      Economy and efficacy

    Correct Answer
    C. Efficiency and effectiveness
  • 36. 

    A manager transmits the information outside the organization. He is performing which of the following role?       

    • A.

      Spokesperson

    • B.

      Representative

    • C.

      Disseminator

    • D.

      Agent

    Correct Answer
    A. Spokesperson
  • 37. 

    Which of the following is most important characteristic of an entrepreneur?       

    • A.

      Planning

    • B.

      Communication

    • C.

      Rapid decision making

    • D.

      Goal setting

    Correct Answer
    D. Goal setting
  • 38. 

    The distinct purpose of an organization is typically expressed in terms of:        

    • A.

      Systematic structure

    • B.

      A goal or set of goals

    • C.

      Management competencies

    • D.

      Vision & Mission statement

    Correct Answer
    D. Vision & Mission statement
  • 39. 

     Which one of the following is the major responsibility of a manager?       

    • A.

      Works anonymously behind the scenes

    • B.

      Sets the goals of the organization

    • C.

      Supervises the work of others

    • D.

      Actually performs the service or produces the product

    Correct Answer
    C. Supervises the work of others
  • 40. 

    The traditional shape of  an organization was:      

    • A.

      Circle

    • B.

      Pyramid

    • C.

      Square

    • D.

      Diamond

    Correct Answer
    B. Pyramid
  • 41. 

    Compare and contrast the advantages and disadvantages of Gantt chart and PERT analysis.

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  • Current Version
  • Jan 09, 2013
    Quiz Edited by
    ProProfs Editorial Team
  • Dec 16, 2009
    Quiz Created by
    Dashing-khan
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