The Management Science Approach, includes A. Computer modelling & simulations B. Mathematical forecasting & projections C. Queuing theory D. All of these options are correct

The Management Science Approach, includes
A. Computer modelling & simulations
B. Mathematical forecasting & projections
C. Queuing theory
D. All of these options are correct
by

1 Answer

Answer :

All of these options are correct
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The Management Science Approach, includes A. Computer modelling & simulations B. Mathematical forecasting & projections C. Queuing theory D. All of these options are correct

Description : The Management Science Approach, includes A. Computer modelling & simulations B. Mathematical forecasting & projections C. Queuing theory D. All of these options are correct

Last Answer : All of these options are correct

_____________ are mathematical models that describe the operating characteristics of queuing situations. (a) Waiting line models ; (b) Simulation models ; (c) Decision trees ; (d) All of the given options

Description : _____________ are mathematical models that describe the operating characteristics of queuing situations. (a) Waiting line models ; (b) Simulation models ; (c) Decision trees ; (d) All of the given options

Last Answer : (a) Waiting line models ;

The ‘Management Science Approach…. A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct

Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct

Last Answer : Involves the use of quantitative techniques to improve management decision making.

The ‘Management Science Approach…. A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.

Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct.

Last Answer : Involves the use of quantitative techniques to improve management decision making

The two general approaches to forecasting are…….. (a) qualitative and quantitative ; (b) mathematical and statistical (c) judgmental and qualitative ; (d) judgmental and associative

Description : The two general approaches to forecasting are…….. (a) qualitative and quantitative ; (b) mathematical and statistical (c) judgmental and qualitative ; (d) judgmental and associative

Last Answer : (a) qualitative and quantitative ;

A motivational approach in which an organization‟s financial statements are opened to and shared with all of the employees is called ___________ (a) Open Book Management ; (b) Pay for Performance Program ; (c) Reinforcement Theory (d) Feedback

Description : A motivational approach in which an organization‟s financial statements are opened to and shared with all of the employees is called ___________ (a) Open Book Management ; (b) Pay for Performance Program ; (c) Reinforcement Theory (d) Feedback

Last Answer : (a) Open Book Management ; 

The forecasting model that pools the opinions of a group of experts or managers is known as the……… (a) sales force composition model ; (b) jury of executive opinion model (c) consumer market survey model ; (d) management coefficients model

Description : The forecasting model that pools the opinions of a group of experts or managers is known as the……… (a) sales force composition model ; (b) jury of executive opinion model (c) consumer market survey model ; (d) management coefficients model

Last Answer : (b) jury of executive opinion model

Hierarchy of Needs’, is a theory …. A. Of motivation based on human behaviour B. That proposes that ‘one best way’ for all management actionC. Recognizes that the appropriate management actions depend on the situationD. None of these options is correct.

Description : Hierarchy of Needs’, is a theory …. A. Of motivation based on human behaviour B. That proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Last Answer : Of motivation based on human behaviour

Elton Mayo is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Description : Elton Mayo is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Last Answer : Conducted the Hawthorne studies

Chester Barnard is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Description : Chester Barnard is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Last Answer : Is credited with developing the ‘Acceptance Theory of Management

Mary Parker Follett’s management principles….. A. Stressed the importance of people rather than techniques B. Are credited with developing the ‘Acceptance Theory of Management’ C. Is based on the Hawthorne studies D. None of these options is correct

Description : Mary Parker Follett’s management principles….. A. Stressed the importance of people rather than techniques B. Are credited with developing the ‘Acceptance Theory of Management’ C. Is based on the Hawthorne studies D. None of these options is correct

Last Answer : Stressed the importance of people rather than techniques

Hierarchy of Needs’, is a theory …. A. Of motivation based on human behaviour B. That proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Description : Hierarchy of Needs’, is a theory …. A. Of motivation based on human behaviour B. That proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Last Answer : Of motivation based on human behaviour

Elton Mayo is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Description : Elton Mayo is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Last Answer : Conducted the Hawthorne studies

Chester Barnard is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Description : Chester Barnard is the management guru who….. A. Stressed the importance of people rather than techniques B. Is credited with developing the ‘Acceptance Theory of Management’ C. Conducted the Hawthorne studies D. None of these options is correct.

Last Answer : Is credited with developing the ‘Acceptance Theory of Management’

Parker Follett’s management principles….. A. Stressed the importance of people rather than techniques B. Are credited with developing the ‘Acceptance Theory of Management’ C. Is based on the Hawthorne studies D. None of these options is correct.

Description : Parker Follett’s management principles….. A. Stressed the importance of people rather than techniques B. Are credited with developing the ‘Acceptance Theory of Management’ C. Is based on the Hawthorne studies D. None of these options is correct.

Last Answer : Stressed the importance of people rather than techniques

Frederick Taylor and Frank and Lillian Gilbreth were advocates of an approach to management involving the use of scientific method, known as: (a) The quantitative approach. ; (b) Management science. (c) Scientific management. ; (d) The contingency approach.

Description : Frederick Taylor and Frank and Lillian Gilbreth were advocates of an approach to management involving the use of scientific method, known as: (a) The quantitative approach. ; (b) Management science. (c) Scientific management. ; (d) The contingency approach. 

Last Answer : (c) Scientific management. ;

While the bin cards are used in the effective stores management, the queuing theory is associated with the __________ time. (A) Waiting (B) Idle (C) Inspection (D) Tool replacement

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If the average human being prefers to be directed, wishes to avoid responsibility, has relatively little ambition and wants security above all, the management attitude would be: (a) Theory Y manager ; (b) Theory X manager ; (c) Theory Z manager ; (d) All of the given options

Description : If the average human being prefers to be directed, wishes to avoid responsibility, has relatively little ambition and wants security above all, the management attitude would be: (a) Theory Y manager ; (b) Theory X manager ; (c) Theory Z manager ; (d) All of the given options 

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Some of the other fields of study that affect management theory or practice include: (a) Political science, philosophy, anthropology and sociology (b) Zoology, psychology, sociology and philosophy. (c) Anthropology, astrology, political science and psychology. (d) Political science, sociology, typography and economics.

Description : Some of the other fields of study that affect management theory or practice include: (a) Political science, philosophy, anthropology and sociology (b) Zoology, psychology, sociology and ... astrology, political science and psychology. (d) Political science, sociology, typography and economics.

Last Answer : (a) Political science, philosophy, anthropology and sociology 

Which one of the following statements, related to the requirements phase in Software Engineering, is incorrect ? (A) “Requirement validation” is one of the activities in the requirements phase. (B) “Prototyping” is one of the methods for requirement analysis. (C) “Modelling-oriented approach” is one of the methods for specifying the functional specifications. (D) “Function points” is one of the most commonly used size metric for requirements.

Description : Which one of the following statements, related to the requirements phase in Software Engineering, is incorrect ? (A) Requirement validation is one of the activities in the requirements phase. (B) ... . (D) Function points is one of the most commonly used size metric for requirements. 

Last Answer : (C) “Modelling-oriented approach” is one of the methods for specifying the functional specifications. 

Z theory is a Japanese approach of motivation developed by (a) Mc Clelland ; (b) William Ouchi ; (c) Alderfer ; (d) Mc Gregor

Description : Z theory is a Japanese approach of motivation developed by (a) Mc Clelland ; (b) William Ouchi ; (c) Alderfer ; (d) Mc Gregor

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Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

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Description : PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or ... strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Last Answer : a broad framework to help managers understand the environment in which their business operates.

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Last Answer : matching the resources and activities of a firm to the external environment.

Which of the following is not type of qualitative forecasting? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) moving average

Description : Which of the following is not type of qualitative forecasting? (a) executive opinions ; (b) sales force composites ; (c) the Delphi method ; (d) moving average

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Description : An operations manager is not likely to be involved in….. (a) the design of products and services to satisfy customers' wants and needs (b) the quality of products and services to satisfy customers' wants and needs (c) the identification of customers' wants and needs ; (d) forecasting sales

Last Answer : (c) the identification of customers' wants and needs ;

The responsibilities of the operations manager include (a) planning, organizing, staffing, procuring, and reviewing (b) forecasting, designing, planning, organizing, and controlling (c) planning, organizing, staffing, leading, and controlling ; (d) designing and operating

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Co-Creation includes ______________________? A. Staging of Customer Events B. Outsourcing of Activities to Customers C. All the above options D. None of these options

Description : Co-Creation includes ______________________? A. Staging of Customer Events B. Outsourcing of Activities to Customers C. All the above options D. None of these options

Last Answer : None of these options

Disaster Management includes: a. Mitigation b. Reconstruction c. Rehabilitation d. All of the above

Description : Disaster Management includes: a. Mitigation b. Reconstruction c. Rehabilitation d. All of the above

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The ideal strategic management team DOES NOT includes…. A. Chief executive officer (CEO) B. Product managers C. Heads of functional areas D. Shop-floor managers

Description : The ideal strategic management team DOES NOT includes…. A. Chief executive officer (CEO) B. Product managers C. Heads of functional areas D. Shop-floor managers

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The ideal strategic management team DOES NOT includes…. A. Chief executive officer (CEO) B. Product managers C. Heads of functional areas D. Shop-floor managers

Description : The ideal strategic management team DOES NOT includes…. A. Chief executive officer (CEO) B. Product managers C. Heads of functional areas D. Shop-floor managers

Last Answer : Shop-floor managers

A bidirectional feedback loop links computer modelling with: a. artificial science b. heuristic processing c. human intelligence d. cognitive science

Description : A bidirectional feedback loop links computer modelling with: a. artificial science b. heuristic processing c. human intelligence d. cognitive science

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An objective, logical, systematic approach for making major decisions in an Organization is a way to describe the Strategic Management process

Description : An objective, logical, systematic approach for making major decisions in an Organization is a way to describe the Strategic Management process

Last Answer : True

Competitive advantage based on the creation of opportunities using internal resources is characterized by which approach/view? a) The positioning approach b) The outside-in approachc) The resource-based viewd) The knowledge-management approach

Description : Competitive advantage based on the creation of opportunities using internal resources is characterized by which approach/view? a) The positioning approach b) The outside-in approach c) The resource-based view d) The knowledge-management approach

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Scientific Management approach is developed by (a) Elton Mayo ; (b) Henry Fayol ; (c) F.W. Taylor ; (d) (A) Maslow

Description : Scientific Management approach is developed by (a) Elton Mayo ; (b) Henry Fayol ; (c) F.W. Taylor ; (d) (A) Maslow

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The Behavioral approach to management focused on: (a) The worker ; (b) The manager ; (c) The owner ; (d) None of the above.

Description : The Behavioral approach to management focused on: (a) The worker ; (b) The manager ; (c) The owner ; (d) None of the above. 

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The following four different approaches to management thinking were developed in the first half of the 20th century: (a) Scientific management, general administrative, quantitative, and contingency approach. (b) Scientific management, general administrative, quantitative, and organizational behavior. (c) General administrative, globalization, organizational behavior, and quantitative. (d) Systems approach, scientific management, general administrative, and organizational behaviour.

Description : The following four different approaches to management thinking were developed in the first half of the 20th century: (a) Scientific management, general administrative, quantitative, and ... . (d) Systems approach, scientific management, general administrative, and organizational behaviour.

Last Answer : (b) Scientific management, general administrative, quantitative, and organizational behavior. 

Hawthorne studiesA. Recognizes that the appropriate management actions depend on the situationB. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct

Description : Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct

Last Answer : Studied the relationship of lighting levels to worker productivity.

The ‘Contingency View’ in management A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct

Description : The ‘Contingency View’ in management A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct

Last Answer : Recognizes that the appropriate management actions depend on the situation

The ‘Classical View’ in management… A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Description : The ‘Classical View’ in management… A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Last Answer : Proposes that ‘one best way’ for all management action

Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.

Description : Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.

Last Answer : Studied the relationship of lighting levels to worker productivity.

The ‘Contingency View’ in management A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct

Description : The ‘Contingency View’ in management A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct

Last Answer : Recognizes that the appropriate management actions depend on the situation

The ‘Classical View’ in management… A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Description : The ‘Classical View’ in management… A. is a management principle of motivation based on human behaviour B. Proposes that ‘one best way’ for all management action C. Recognizes that the appropriate management actions depend on the situation D. None of these options is correct.

Last Answer : Proposes that ‘one best way’ for all management action

The following is NOT a benefit of Strategic Management A. Resistance to change is reduced B. Reduces gaps/overlaps in activities among employees C. All of these options are correct D. Formulates a clear defect reduction plan in the quality department

Description : The following is NOT a benefit of Strategic Management A. Resistance to change is reduced B. Reduces gaps/overlaps in activities among employees C. All of these options are correct D. Formulates a clear defect reduction plan in the quality department

Last Answer : Formulates a clear defect reduction plan in the quality department

Location analysis techniques typical typically employed by manufact anufacturing organizations include include a. transportation method b. queuing theory queuing theory c. correlation correlation analysis analysis and traffic traffic counts d. simulation

Description : Location analysis techniques typical typically employed by manufact anufacturing organizations include include a. transportation method b. queuing theory queuing theory c. correlation correlation analysis analysis and traffic traffic counts d. simulation

Last Answer : a. transportation method

Which of the following is a location analysi analysis technique chnique typically e cally employed mployed by a service organization? a. purchasing power analysis b. linear linear programming c. queuing theory d. crossover charts e. cost-volume cost-volume analysis

Description : Which of the following is a location analysi analysis technique chnique typically e cally employed mployed by a service organization? a. purchasing power analysis b. linear linear programming c. queuing theory d. crossover charts e. cost-volume cost-volume analysis

Last Answer : a. purchasing power analysis

Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these

Description : Traffic intensity in Queuing Theory is also called........................... a. Service factor b. Arrival factor c. Utilisation factor d. None of these

Last Answer : c. Utilisation factor

In queuing theory, FCFS stand for .............................. a. First Cum First Served b. First Customer Fist Served c. Fast Channel First Served

Description : In queuing theory, FCFS stand for .............................. a. First Cum First Served b. First Customer Fist Served c. Fast Channel First Served

Last Answer : a. First Cum First Served

...................... is a method of analysing the current movement of the some variable in an effort to predict the future movement of the same variable. a. Goal programming b. Queuing theory c. Markov Analysis d. Replacement theory

Description : ...................... is a method of analysing the current movement of the some variable in an effort to predict the future movement of the same variable. a. Goal programming b. Queuing theory c. Markov Analysis d. Replacement theory

Last Answer : c. Markov Analysis