What is an organization structure in which each employee reports to both a functional (or division) manager and to a project (or group) manager, known as ? (A) Strategic business unit (B) Departmentation by customer (C) Matrix structure (D) Departmentation by territory

What is an organization structure in which each employee reports to both a functional (or division) manager and to a project (or group) manager, known as ? (A) Strategic business unit (B) Departmentation by customer (C) Matrix structure (D) Departmentation by territory  
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Answer: Matrix structure
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Shauna has recently been appointed as a project manager for Project SkyNorth, which is regarded as an important project in her organization. During the project planning meeting, Shauna is capable of allocating key resources and personnel that she needs for this project. Which organizational structure is best for Shauna’s company? Select one: a. Balanced md. Projectized organization e. Hierarchical organizationatrix organization b. Matrix organization c. Functional organization

Description : Shauna has recently been appointed as a project manager for Project SkyNorth,  which is regarded as an important project in her organization. During the project  planning meeting, ... b. Matrix organization c. Functional organization d. Projectized organization e. Hierarchical organization

Last Answer : d. Projectized organization

The project manager has the most authority in the __________________ type of organization. 1. Project expediter 2. Matrix 3. Projectized organization 4. Functional

Description : The project manager has the most authority in the __________________ type of  organization. 1. Project expediter  2. Matrix  3. Projectized organization  4. Functional

Last Answer : 3. Projectized organization

One of the major disadvantages of the Matrix form of organization structure is that– (A) it does not pinpoint product profit responsibility (B) it is not oriented towards results (C) there is possibility of disunity of command (D) it generates rivalry between line and staff members

Description : One of the major disadvantages of the Matrix form of organization structure is that– (A) it does not pinpoint product profit responsibility (B) it is not oriented towards results (C) there is possibility of disunity of command (D) it generates rivalry between line and staff members

Last Answer : Answer: there is possibility of disunity of command

What is the term used to define the number of subordinates directly controlled by a manager? (a) Division management ; (b) Departmentation ; (c) Investment span ; (d) Span of management

Description : What is the term used to define the number of subordinates directly controlled by a manager? (a) Division management ; (b) Departmentation ; (c) Investment span ; (d) Span of management

Last Answer : (d) Span of management 

The Project charter is created by: 1. The project manager 2. Upper management 3. The Vice President over a functional management group 4. The customer

Description : The Project charter is created by: 1. The project manager  2. Upper management  3. The Vice President over a functional management group  4. The customer

Last Answer : 2. Upper management

If you were a marketing manager, under which type of organisational structure would you most likely be working if your firm were a large business with centralised marketing operations? A)Organisation by type of customer B)Functional organisation C)Organisation by regions D)Organisation by products

Description : If you were a marketing manager, under which type of organisational structure would you most likely be working if your firm were a large business with centralised marketing operations? A)Organisation by type of customer B)Functional organisation C)Organisation by regions D)Organisation by products

Last Answer : B)Functional organisation

The organisation in which power of authority runs in straight line is called– (A) Line organization (B) Functional organisation (C) Committee organization (D) None of the above

Description : The organisation in which power of authority runs in straight line is called– (A) Line organization (B) Functional organisation (C) Committee organization (D) None of the above

Last Answer : Answer: Line organization

Who orchestrate the completion of the project by inducting the right people at the right time to address the right issue and make the right decisions? A.Project Coordinator B.Project Manager C.Operations Manager D.Strategic Business Unit Head

Description : Who orchestrate the completion of the project by inducting the right people at the  right time to address the right issue and make the right decisions?  A.Project Coordinator  B.Project Manager  C.Operations Manager  D.Strategic Business Unit Head

Last Answer : B.Project Manager

(1)Milestones established by the customer must be adhered to by: 1. Project manager 2. Functional managers 3. The customer4. Both a and b

Description : (1)Milestones established by the customer must be adhered to by: 1. Project manager  2. Functional managers  3. The customer 4. Both a and b

Last Answer : 4. Both a and b

Complete the following statement. In a weak matrix environment, the project manager, Eric, has to constantly make an effort to influence his project team and stakeholders to ensure project success. This is because: Select one: a. Eric has a lot of authority. b. Eric has no or little authority. c. Eric is controlled by his functional managers. d. there are no functional managers. e. Eric has flexibility on authority.

Description : Complete the following statement. In a weak matrix environment, the  project manager, Eric, has to constantly make an effort to influence his  project team and stakeholders to ensure project success. ... managers. d. there are no functional managers. e. Eric has flexibility on authority.

Last Answer : b. Eric has no or little authority.

Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and guidance to the sponsor. c. To manage the project team in all daily activities. d. To receive and consider daily reports from team members.

Description : Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and guidance ... project team in all daily activities. d. To receive and consider daily reports from team members.

Last Answer : b. To provide strategic direction and guidance to the sponsor.

Which one of the following is a responsibility of the project steering group/board? a. To identify potential problems for the project team to solve. b. To provide strategic direction and guidance to the sponsor. c. To manage the project team in all daily activities. d. To receive and consider daily reports from team members.

Description : Which one of the following is a responsibility of the project steering group/board?  a. To identify potential problems for the project team to solve.  b. To provide strategic direction and ... project team in all daily activities. d. To receive and consider daily reports from team members.

Last Answer : b. To provide strategic direction and guidance to the sponsor.

The decision to request an increase the resources for a project is the responsibility of the: 1. Functional manager 2. Project manager 3. Director of project management 4. Customer

Description : The decision to request an increase the resources for a project is the responsibility of the: 1. Functional manager  2. Project manager  3. Director of project management  4. Customer

Last Answer : 2. Project manager

To which one of the following aspects does an established pattern of relationships among the components of an organization refer ? (A) Organization strategy (B) Organization structure (C) Organization process (D) Organization policy

Description : To which one of the following aspects does an established pattern of relationships among the components of an organization refer ? (A) Organization strategy (B) Organization structure (C) Organization process (D) Organization policy

Last Answer : Answer: Organization structure

Departmentation by „time‟ is one of the oldest forms of departmentation, generally used at lower levels of the organization. Which of the following is not an advantage of departmentation by „time?‟ (a) It aids efficient utilization of manpower (b) Round-the-clock services can be rendered (c) It mostly results in improved coordination and communication (d) It results in a continuous cycle without interruption

Description : Departmentation by time is one of the oldest forms of departmentation, generally used at lower levels of the organization. Which of the following is not an advantage of departmentation ... results in improved coordination and communication (d) It results in a continuous cycle without interruption

Last Answer : (c) It mostly results in improved coordination and communication  

In which one of the following, Crisis Management is reflected ? (A) Future expansion plans of business (B) Organization Development Programme (C) Short-term Manpower Planning (D) Prudent managerial leadership

Description : In which one of the following, Crisis Management is reflected ? (A) Future expansion plans of business (B) Organization Development Programme (C) Short-term Manpower Planning (D) Prudent managerial leadership

Last Answer : Answer: Prudent managerial leadership

The Doing Business Report" is prepared by which of the following organizations every year? (A) World Bank (B) Asian Development Bank (ADB) (C) International Monetary Fund (IMF) (D) World Trade Organization (WTO)

Description : The Doing Business Report" is prepared by which of the following organizations every year? (A) World Bank (B) Asian Development Bank (ADB) (C) International Monetary Fund (IMF) (D) World Trade Organization (WTO)

Last Answer : Answer: World Bank

Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of an organization who are responsible for achieving the unit's objectives within a specified period of time. (c) Looks specifically at resources, finances, and market conditions to determine ways to accomplish the overall plans of the organization. (d) Determines the day-to-day operations within an organization.

Description : Strategic planning: (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time. (b) Involves managers in each unit of ... overall plans of the organization. (d) Determines the day-to-day operations within an organization.

Last Answer : (a) Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.

The matrix management model is based on a matrix of values between 0 and 9 for two primary variables. Which of the statements given above is/are correct ? (A) 1 only (B) 2 only (C) Both 1 and 2 (D) Neither 1 nor 2

Description : The matrix management model is based on a matrix of values between 0 and 9 for two primary variables. Which of the statements given above is/are correct ? (A) 1 only (B) 2 only (C) Both 1 and 2 (D) Neither 1 nor 2

Last Answer : Answer: Both 1 and 2

Burns and Stalker model for categorising organisations by structural design uses the terms– (A) Functional and geographic (B) Functional and organic (C) Geographic and mechanistic (D) Mechanistic and organic.

Description : Burns and Stalker model for categorising organisations by structural design uses the terms– (A) Functional and geographic (B) Functional and organic (C) Geographic and mechanistic (D) Mechanistic and organic.

Last Answer : Answer: Functional and organic

“A body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.” It is called– (A) Functional organisation (B) Formal organisation (C) Committee organisation (D) Informal organisation

Description : “A body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.” It is called– (A) Functional organisation (B) Formal organisation (C) Committee organisation (D) Informal organisation

Last Answer : Answer: Committee organisation

Out of the following forms, which form of organisation is the oldest one ? (A) Line and staff organisation (B) Functional organisation (C) Committee organisation (D) Line organisation

Description : Out of the following forms, which form of organisation is the oldest one ? (A) Line and staff organisation (B) Functional organisation (C) Committee organisation (D) Line organisation

Last Answer : Answer: Line organisation

Which of the following departmentalization can be considered necessary in an organization where the Company‟s products fall into several categories with very different production methods for each category? (a) Customer ; (b) Production ; (c) Process ; (d) Matrix

Description : Which of the following departmentalization can be considered necessary in an organization where the Company‟s products fall into several categories with very different production methods for each category? (a) Customer ; (b) Production ; (c) Process ; (d) Matrix

Last Answer :  (c) Process ;

Kraft purchased Duracell battery division and operates this division as a separate profit centre within the firm. In this example, Duracell is a __________________ of Kraft. A)strategic business unit B)marketing unit C)dependent unit D)corporate unit

Description : Kraft purchased Duracell battery division and operates this division as a separate profit centre within the firm. In this example, Duracell is a __________________ of Kraft. A)strategic business unit B)marketing unit C)dependent unit D)corporate unit

Last Answer : A)strategic business unit

Convening meetings of a company is the responsibility of the– (A) Chairman, Board of Directors (B) Managing Director (C) Company Secretary (D) General Manager

Description : Convening meetings of a company is the responsibility of the– (A) Chairman, Board of Directors (B) Managing Director (C) Company Secretary (D) General Manager

Last Answer : Answer: Company Secretary

What is the maximum limit of remuneration for a whole time manager in a company ? (A) 3% of net annual profit (B) 5% of net annual profit (C) 7% of net annual profit (D) None of the above

Description : What is the maximum limit of remuneration for a whole time manager in a company ? (A) 3% of net annual profit (B) 5% of net annual profit (C) 7% of net annual profit (D) None of the above

Last Answer : Answer: 5% of net annual profit

Conceptual skills relate to a manager‟s ability to (a) Take a strategic view of how parts of the organization function (b) Solve detailed problems in groups (c) Correctly evaluate organizational problems (d) Understand and interact effectively with others in the organization

Description : Conceptual skills relate to a manager‟s ability to (a) Take a strategic view of how parts of the organization function (b) Solve detailed problems in groups (c) Correctly evaluate organizational problems (d) Understand and interact effectively with others in the organization

Last Answer : (a) Take a strategic view of how parts of the organization function

Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks Association (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

The auditor is most likely to presume that a high risk of fraud exists if a. The client is a multinational companythat does business in numerous foreigncountries.b. The client does business with severalrelated parties.c. Inadequate segregation of dutiesplaces an employee in a position toperpetrate and conceal thefts.d. Inadequate employee training results inlengthy EDP exception reports eachmonth

Description : The auditor is most likely to presume that a high risk of fraud exists if a. The client is a multinational company that does business in numerous foreign countries. b. The client ... perpetrate and conceal thefts. d. Inadequate employee training results in lengthy EDP exception reports each month

Last Answer : Inadequate segregation of duties places an employee in a position to perpetrate and conceal thefts

Which of the following problems is most likely to occur in a matrix structure? (a) Decreased employee motivation ; (b) Employees receiving conflicting directives (c) Decreased response to environmental change ; (d) Decreased coordination

Description : Which of the following problems is most likely to occur in a matrix structure? (a) Decreased employee motivation ; (b) Employees receiving conflicting directives (c) Decreased response to environmental change ; (d) Decreased coordination

Last Answer : (b) Employees receiving conflicting directives

Wider span of control is effective in organization where– (A) authority delegation is inadequate (B) tasks are complex (C) thorough subordinate training scheme exists (D) the leadership style is authoritarian

Description : Wider span of control is effective in organization where– (A) authority delegation is inadequate (B) tasks are complex (C) thorough subordinate training scheme exists (D) the leadership style is authoritarian

Last Answer : Answer: thorough subordinate training scheme exists

Which one of the following correctly signifies the purpose of an Organization Chart ? (A) Office Décor (B) Indication of available Office services (C) Flow of Authority (D) High Morale

Description : Which one of the following correctly signifies the purpose of an Organization Chart ? (A) Office Décor (B) Indication of available Office services (C) Flow of Authority (D) High Morale

Last Answer : Answer: Flow of Authority

In which organization, every subordinate must obey his superior, whether be likes it or not?

Description : In which organization, every subordinate must obey his superior, whether be likes it or not?

Last Answer : Formal organization

Integration of project management with the organization takes place with the _______________. A. master budjet B. strategic plan C. Process of managing actual projects D. both b and c

Description : Integration of project management with the organization takes place with the _______________. A. master budjet B. strategic plan C. Process of managing actual projects D. both b and c

Last Answer : D. both b and c

s it possible to set a filter condition in a cross product group in matrix reports?

Description : s it possible to set a filter condition in a cross product group in matrix reports?

Last Answer : No

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

What is outsourcing of production and concentrating on marketing operations in international business, known as ? (A) Licensing (B) Franchising (C) Contract manufacturing (D) Joint venture

Description : What is outsourcing of production and concentrating on marketing operations in international business, known as ? (A) Licensing (B) Franchising (C) Contract manufacturing (D) Joint venture

Last Answer : Answer: Franchising

What kind of organizational structure combines a vertical chain of command with horizontal reporting requirements? (a) Line authority ; (b) Matrix ; (c) Functional ; (d) Line-and-staff

Description : What kind of organizational structure combines a vertical chain of command with horizontal reporting requirements? (a) Line authority ; (b) Matrix ; (c) Functional ; (d) Line-and-staff

Last Answer : (b) Matrix ;

The matrix structure combines which two forms of departmentalization? (a) Simple And functional ; (b) Functional and product ; (c) Virtual and team ; (d) Product and organic

Description : The matrix structure combines which two forms of departmentalization? (a) Simple And functional ; (b) Functional and product ; (c) Virtual and team ; (d) Product and organic 

Last Answer : b

__________ is the form of departmentalization that groups similar jobs and activities into departments. (a) A product structure ; (b) A divisional structure ; (c) A matrix structure ; (d) A functional structure

Description : __________ is the form of departmentalization that groups similar jobs and activities into departments. (a) A product structure ; (b) A divisional structure ; (c) A matrix structure ; (d) A functional structure 

Last Answer : (d) A functional structure 

The unbroken line of authority that extends from the top of the organization to the lowest echelon and clarifies who reports to whom is termed……… (a) Unity of command ; (b) Authority ; (c) Power and authority structure (d) Chain of command

Description : The unbroken line of authority that extends from the top of the organization to the lowest echelon and clarifies who reports to whom is termed……… (a) Unity of command ; (b) Authority ; (c) Power and authority structure (d) Chain of command 

Last Answer : (d) Chain of command 

Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic leveld. Functional

Description : Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic level d. Functional

Last Answer : Corporate level

Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Description : Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Last Answer : Corporate level

Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Description : Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Last Answer : Corporate level

Services can be meaningfully analysed by using a five-category classification scheme including type of market, degree of labour-intensiveness, degree of customer contact, skill of service provider, and A)degree of competition within the service industry. B)goal of the service providerC)market share of the service provider. D)employee structure of the service provider. E)production environments.

Description : Services can be meaningfully analysed by using a five-category classification scheme including type of market, degree of labour-intensiveness, degree of customer contact, skill of service provider, ... of the service provider. D)employee structure of the service provider. E)production environments.

Last Answer : B)goal of the service provide

)To be successful in a functional organization, the PM must rely on: 1. Referent power 2. Formal authority 3. Informal power structure 4. Broad span of control 5. Both a and c

Description : )To be successful in a functional organization, the PM must rely on: 1. Referent power  2. Formal authority  3. Informal power structure  4. Broad span of control  5. Both a and c

Last Answer : 5. Both a and c

The most successful project manager usually:1. works their way up from assistants in the project office to full-fledged project managers, supplementing that experience with formal education. 2. Comes right from Harvard's MBA program into managing very large projects. 3. Is considered the technical expert of their field. 4. Has considerable experience as a functional manager before moving into the project management arena.

Description : The most successful project manager usually: 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience with formal ... . Has considerable experience as a functional manager before moving into the project  management arena.

Last Answer : 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience

)The Project manager should be able to fulfill the role of: 1. an integrator 2. a functional manager 3. a line manager 4. a sponsor

Description : )The Project manager should be able to fulfill the role of: 1. an integrator  2. a functional manager  3. a line manager  4. a sponsor

Last Answer : 1. an integrator

Setting the number of defects before the lot is rejected, is a direct responsibility of : 1. a functional worker 2. the project manager 3. management 4. the accounting department

Description : Setting the number of defects before the lot is rejected, is a direct responsibility of : 1. a functional worker  2. the project manager  3. management  4. the accounting department

Last Answer : 3. management

Which one of the following is the most appropriate management control technique for timely completion of a project ? (A) Organisation chart (B) Management by Objectives (C) PERT (D) Span of control

Description : Which one of the following is the most appropriate management control technique for timely completion of a project ? (A) Organisation chart (B) Management by Objectives (C) PERT (D) Span of control

Last Answer : Answer: PERT