MGT 503 Principles Of Management - 01

20 Questions | By Zubair | Updated: Dec 7, 2022 | Attempts: 1807

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MGT 503 Principles Of Management - 01 - Quiz

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Questions and Answers

1.

Which level of management makes decisions about the activities such as acquiring othercompanies, investing in research and development and building new plants?
- A.
  
  Top managers
- B.
  
  Middle managers
- C.
  
  First-line managers
- D.
  
  Non-managerial employees
2.

A supervisor is teaching an employee to use a piece of equipment safely. Which of thefollowing skills are most important for the manager?
- A.
  
  Technical skills
- B.
  
  Conceptual skills
- C.
  
  Conceptual skills
- D.
  
  Strategic skills
3.

The major contribution of the Industrial Revolution was the substitution of _______ forhuman power.
- A.
  
  Machine power
- B.
  
  Electricity
- C.
  
  Water power
- D.
  
  Critical thinking
4.

All of the following are characteristics of total quality management EXCEPT:
- A.
  
  Concern for continual improvement
- B.
  
  Improvement in quality of everything the organization does
- C.
  
  Intense focus on the competition
- D.
  
  Accurate measurement
5.

For a company such as PIA, a bank would be an example of what kind of factor in itsspecific environment?
- A.
  
  Competitor
- B.
  
  Special-interest group
- C.
  
  Supplier
- D.
  
  Government agency
6.

Which of the following is NOT an example of an organization’s general environment?
- A.
  
  Economic conditions
- B.
  
  Political conditions
- C.
  
  Social conditions
- D.
  
  Organization culture
7.

If a company provides job-share programs, builds a day-care facility, and only usesrecycled paper, it can be termed as:
- A.
  
  Fulfilling its social obligation
- B.
  
  Socially aware
- C.
  
  Socially image conscious
- D.
  
  Socially responsive
8.

If a company is paying minimum wages, when necessary, and applying the minimumstandard to laws, such as affirmative action, it would be said to have fulfilled its:
- A.
  
  Social obligation
- B.
  
  Social responsibility
- C.
  
  Social responsiveness
- D.
  
  Social expectation
9.

Which of the following describes a global marketplace?
- A.
  
  The entire world is a marketplace
- B.
  
  National borders are irrelevant
- C.
  
  The potential for organizations to grow expands dramatically
- D.
  
  All of the given options
10.

Which one of the following items best reflects the dimension of different cultures thatexemplifies the extent to which individuals expect a hierarchical structure?
- A.
  
  Uncertainty avoidance
- B.
  
  Power distance
- C.
  
  Masculinity/femininity
- D.
  
  Long-term/short-term orientation
11.

Attempting to understand the signs of some problem comes under which of the followingstage?
- A.
  
  Scanning stage
- B.
  
  Categorization stage
- C.
  
  Diagnosis stage
- D.
  
  Implementation stage
12.

Which of the following is NOT a valid assumption about rationality?
- A.
  
  The problem is clear and unambiguous
- B.
  
  Preferences are constantly changing
- C.
  
  A single well-defined goal is to be achieved
- D.
  
  Preferences are clear
13.

Lower-level managers typically confront what type of decision making?
- A.
  
  Unique
- B.
  
  Non-routine
- C.
  
  Programmed
- D.
  
  Non-programmed
14.

The people at the bottom of the organization generally deal with repetitive and familiarproblems such as workers who are late or machinery that breaks down. As a result, most ofthe decisions made by first line supervisors are:
- A.
  
  Ill-structured decisions
- B.
  
  Novel decisions
- C.
  
  Programmed decisions
- D.
  
  Non-programmed decisions
15.

An increased commitment to a previous decision despite evidence that it may have beenwrong is referred to:
- A.
  
  Economies of commitment
- B.
  
  Escalation of commitment
- C.
  
  Dimensional commitment
- D.
  
  Expansion of commitment
16.

When managers avoid the rational decision-making model and find ways to satisfice, theyare following which of the following concept?
- A.
  
  Jurisprudence
- B.
  
  Bounded rationality
- C.
  
  Least-squared exemptions
- D.
  
  Self-motivated decisions
17.

Which of the following means that you achieve the best possible balance among severalgoals?
- A.
  
  Sacrificing
- B.
  
  Optimizing
- C.
  
  Satisficing
- D.
  
  Minimizing
18.

If a group’s desire for consensus and cohesiveness overwhelms its desire to reach the bestpossible decision, it is called:
- A.
  
  Groupthink
- B.
  
  Group pressure
- C.
  
  Group decision
- D.
  
  Group dynamics
19.

A form of group decision making in which a group is used to achieve a consensus of expertopinion is called:
- A.
  
  Interacting group
- B.
  
  Delphi technique
- C.
  
  Nominal group
- D.
  
  Brainstorming
20.

Which of the following is the process of developing assumptions on premises about thefuture that managers can use in planning or decision making?
- A.
  
  Benchmarking
- B.
  
  Project management
- C.
  
  Forecasting
- D.
  
  Scheduling