MBO approach in management was introduced by– (A) M. P. Follet (B) Keith Davis (C) Peter Drucker (D) Oliver Sheldon

MBO approach in management was introduced by– (A) M. P. Follet (B) Keith Davis (C) Peter Drucker (D) Oliver Sheldon  
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Answer: Peter Drucker
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Description : Concept of MBO was introduced by: (a) Peter. F.Drucker ; (b) Mary Parker ; (c) Henry Fayol ; (d) Philip Kotler

Last Answer : (a) Peter. F.Drucker ;

Hawthorne Experiments were conducted by– (A) Elton Mayo (B) Henry Fayol (C) F. W. Taylor (D) Peter F. Drucker

Description : Hawthorne Experiments were conducted by– (A) Elton Mayo (B) Henry Fayol (C) F. W. Taylor (D) Peter F. Drucker

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Which management theorist is responsible for the motivation-hygiene theory? (a) Abraham Maslow ; (b) Dale Hawthorne ; (c) Peter Drucker ; (d) Frederick Herzberg

Description : Which management theorist is responsible for the motivation-hygiene theory? (a) Abraham Maslow ; (b) Dale Hawthorne ; (c) Peter Drucker ; (d) Frederick Herzberg

Last Answer :  (d) Frederick Herzberg

Peter Drucker noted the relationship between selling and marketing in the following terms : 1. Marketing is a subsidiary component of selling 2. The aim of marketing is to make selling superfluous 3. The aim of selling is to make marketing superfluous 4. Selling 5. All of the above

Description : Peter Drucker noted the relationship between selling and marketing in the following terms : 1. Marketing is a subsidiary component of selling 2. The aim of marketing is to make selling superfluous 3. The aim of selling is to make marketing superfluous 4. Selling 5. All of the above

Last Answer : The aim of marketing is to make selling superfluous

The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Description : The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Last Answer : D. Peter Drucker

The age of Discontinuity‘ (1969) has been authored by A. John Drydon B. Cyril Debydeen C. Peter F. Drucker D. None of these

Description : The age of Discontinuity‘ (1969) has been authored by A. John Drydon B. Cyril Debydeen C. Peter F. Drucker D. None of these

Last Answer : C. Peter F. Drucker

Hawthorne studies have underlined the significance of which of the following ? (A) System approach to management (B) Contingency approach to management (C) Modern approach to management (D) Human relations approach to management.

Description : Hawthorne studies have underlined the significance of which of the following ? (A) System approach to management (B) Contingency approach to management (C) Modern approach to management (D) Human relations approach to management.

Last Answer : Answer: Human relations approach to management.

Motivation - Hygiene Theory was propounded by– (A) Abraham H. Maslow (B) Fredrick Herzberg (C) Peter F. Druker (D) Argyris Chris

Description : Motivation - Hygiene Theory was propounded by– (A) Abraham H. Maslow (B) Fredrick Herzberg (C) Peter F. Druker (D) Argyris Chris

Last Answer : Answer: Fredrick Herzberg

The principle of ‘Unity of Command’ was introduced by– (A) Elton Mayo (B) Henry Fayol (C) F. W. Taylor (D) Urwick

Description : The principle of ‘Unity of Command’ was introduced by– (A) Elton Mayo (B) Henry Fayol (C) F. W. Taylor (D) Urwick

Last Answer : Answer: Henry Fayol

Double Entry System was introduced in– (A) America (B) Japan (C) India (D) Italy

Description : Double Entry System was introduced in– (A) America (B) Japan (C) India (D) Italy

Last Answer : Answer: Italy

What sort of goals does Management By Objectives (MBO) emphasize? (a) Tangible, verifiable and measurable ; (b) Achievable, controllable and profitable (c) Challenging, emotional and constructive ; (d) Hierarchical, attainable and effective

Description : What sort of goals does Management By Objectives (MBO) emphasize? (a) Tangible, verifiable and measurable ; (b) Achievable, controllable and profitable (c) Challenging, emotional and constructive ; (d) Hierarchical, attainable and effective

Last Answer : (a) Tangible, verifiable and measurable ;

The Open Market Operations [OMOs] is an important tool of– (A) Forex management (B) Liquidity management (C) Inventory management (D) Marketing management

Description : The Open Market Operations [OMOs] is an important tool of– (A) Forex management (B) Liquidity management (C) Inventory management (D) Marketing management

Last Answer : Answer: Liquidity management

Which one of the following functions is served most by information technology ? (A) Replacement of human labour (B) Provision for a handle to the management to improve industrial relations (C) Substitution of human information processing (D) Rationalisation of office work

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Last Answer : Answer: Rationalisation of office work

Which one of the following is the most appropriate task of office management ? (A) Creation of profit centre (B) Creation of control centre (C) Making office supplies available (D) Supervision of production Quality Control

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Last Answer : Answer: Creation of control centre

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

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

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

Who is Father of Scientific Management ? (A) Henry Fayol (B) Elton Mayo (C) Chester Bernard (D) F. W. Taylor

Description : Who is Father of Scientific Management ? (A) Henry Fayol (B) Elton Mayo (C) Chester Bernard (D) F. W. Taylor

Last Answer : Answer: F. W. Taylor

Internal activity of a company is going to be performed according to established regulations. This assumption is provided as a right by– (A) Doctrine of Indoor Management (B) Doctrine of Constructive Notice (C) Doctrine of Ultravires (D) Doctrine of Intravires

Description : Internal activity of a company is going to be performed according to established regulations. This assumption is provided as a right by– (A) Doctrine of Indoor Management (B) Doctrine of Constructive Notice (C) Doctrine of Ultravires (D) Doctrine of Intravires

Last Answer : Answer: Doctrine of Indoor Management

Share Premium received by a Company may be used for– (A) Payment of dividend (B) Payment of remuneration to management (C) Issue of Bonus shares (D) None of these

Description : Share Premium received by a Company may be used for– (A) Payment of dividend (B) Payment of remuneration to management (C) Issue of Bonus shares (D) None of these

Last Answer : Answer: Issue of Bonus shares

The primary function of an office is– (A) Making, using and preserving records (B) Remunerating personnel (C) Carrying out management policies (D) Safeguarding organization’s assets

Description : The primary function of an office is– (A) Making, using and preserving records (B) Remunerating personnel (C) Carrying out management policies (D) Safeguarding organization’s assets

Last Answer : Answer: Making, using and preserving records

Who is called ‘The Father of Scientific Management’ ? (A) Elton Mayo (B) Henry Fayol (C) E. F. L. Breach (D) F. W. Taylor

Description : Who is called ‘The Father of Scientific Management’ ? (A) Elton Mayo (B) Henry Fayol (C) E. F. L. Breach (D) F. W. Taylor

Last Answer : Answer: F. W. Taylor

Management by exception implies focussing attention on– (A) All variations (B) Normal variations (C) Abnormal variations (D) Randomly selected variations

Description : Management by exception implies focussing attention on– (A) All variations (B) Normal variations (C) Abnormal variations (D) Randomly selected variations

Last Answer : Answer: Abnormal variations

Planning function of management is performed by– (A) Top management (B) Middle management (C) Lower management (D) All of the above

Description : Planning function of management is performed by– (A) Top management (B) Middle management (C) Lower management (D) All of the above

Last Answer : Answer: All of the above

Which management functions are closely related to ? (A) Planning and Organising (B) Organising and Staffing (C) Staffing and Control (D) Planning and Control

Description : Which management functions are closely related to ? (A) Planning and Organising (B) Organising and Staffing (C) Staffing and Control (D) Planning and Control

Last Answer : Answer: Planning and Control

The ‘Principle of Exception’ states that management should– (A) Check everything without exception (B) Invariably take corrective action without exception (C) Accept exceptions in emergencies (D) Concentrate their attention on exceptions

Description : The ‘Principle of Exception’ states that management should– (A) Check everything without exception (B) Invariably take corrective action without exception (C) Accept exceptions in emergencies (D) Concentrate their attention on exceptions

Last Answer : Answer: Concentrate their attention on exceptions

The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Description : The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Last Answer : Answer: Management Accounting

Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor

Description : Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor

Last Answer : Answer: Management

Which one of the following statements is correct ? (A) Internal audit and Management audit are the same (B) Internal audit and statutory audit are the same (C) Internal audit is compulsory in all cases (D) Statutory audit of company accounts is compulsory

Description : Which one of the following statements is correct ? (A) Internal audit and Management audit are the same (B) Internal audit and statutory audit are the same (C) Internal audit is compulsory in all cases (D) Statutory audit of company accounts is compulsory

Last Answer : Answer: Statutory audit of company accounts is compulsory

What does management audit imply ? (A) Complete audit (B) Detailed audit (C) Efficiency audit (D) Interim audit

Description : What does management audit imply ? (A) Complete audit (B) Detailed audit (C) Efficiency audit (D) Interim audit

Last Answer : Answer: Efficiency audit

Which is a document containing a rules and regulations for the internal management of the company?

Description : Which is a document containing a rules and regulations for the internal management of the company?

Last Answer : The article of association

Who are entitled to take part in the control and management of business in a company?

Description : Who are entitled to take part in the control and management of business in a company?

Last Answer : The board of directors elected by the shareholders

"Mrs. Brown, you would agree that this is the most attractive car interior in this price range, wouldn't you?" Cliff Davis, salesperson at Ford Motors, was using __________ when he made this statement. A)a referral B)an objective C)a bandwagon approach D)a follow -up E)a trial close

Description : "Mrs. Brown, you would agree that this is the most attractive car interior in this price range, wouldn't you?" Cliff Davis, salesperson at Ford Motors, was using __________ when he made this statement. A)a referral B)an objective C)a bandwagon approach D)a follow -up E)a trial close

Last Answer : E)a trial close

The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Description : The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Last Answer : Answer: Rs. 20

The following data, relates to manufacturing company for the year 2006-07– Net Profit as per P & L A/c–Rs. 2,40,000; Depreciation–Rs. 80,000; Goodwill written-off– Rs. 40,000, Profit on Sale of Fixed Assets–Rs. 16,000, Proposed Dividend–Rs. 96,000. The fund from operation would be– (A) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Last Answer : Answer: None of the above

On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off in the first year i.e. on 31st March, 2007, through P & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600

Description : On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off ... & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600

Last Answer : Answer: Rs. 1200

Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Last Answer : Answer: 1•125 : 1

Few items of P/L A/c of a company are– Sales – Rs.1,60,000 Closing stock – Rs.38,000 Non-operating Expenses – Rs.800 Non-operating Income – Rs.4,800 Net Profit – Rs.28,000 What is the Operating Profit Ratio ? (A) 18% (B) 20% (C) 15% (D) 57%

Description : Few items of P/L A/c of a company are– Sales – Rs.1,60,000 Closing stock – Rs.38,000 Non-operating Expenses – Rs.800 Non-operating Income – Rs.4,800 Net Profit – Rs.28,000 What is the Operating Profit Ratio ? (A) 18% (B) 20% (C) 15% (D) 57%

Last Answer : Answer: 15%

The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of Bonus Share will be– (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000

Description : The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50,000, Security Premium Rs. 5,000, Revaluation Reserve Rs. 20,000, P & L A/c (Dr) Rs. 10,000. Maximum amount available for distribution of ... will be- (A) Rs. 50,000 (B) Rs. 55,000 (C) Rs. 45,000 (D) Rs. 57,000

Last Answer : Answer: Rs. 55,000

What is Gross National Product (G.N.P)?

Description : What is Gross National Product (G.N.P)?

Last Answer : It is the total value of all goods and services that are produced by the people of a specified country in an year

7. Who defined Operations Research as scientific approach to problem solving for executive management? a. E.L. Arnoff b. P.M.S. Blackett c. H.M. Wagner d. None of the above

Description : 7. Who defined Operations Research as scientific approach to problem solving for executive management? a. E.L. Arnoff b. P.M.S. Blackett c. H.M. Wagner d. None of the above

Last Answer : c. H.M. Wagner

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

Which, institution is known as the ‘Soft Loan Window’ of World Bank ? (A) I.F.C. (International Financial Corporation) (B) I.D.A. (International Development Association) (C) I.M.F. (International Monetary Fund) (D) Indian Development Forum

Description : Which, institution is known as the ‘Soft Loan Window’ of World Bank ? (A) I.F.C. (International Financial Corporation) (B) I.D.A. (International Development Association) (C) I.M.F. (International Monetary Fund) (D) Indian Development Forum

Last Answer : Answer: I.D.A. (International Development Association)

What is MBO?

Description : What is MBO?

Last Answer : Comprehensive management System. It is used for goal setting, Motivation and performance appraisal.

Which of the following is/are OD intervention techniques (a) Sensitivity training ; (b) MBO ; (c) Quality of work life ; (d) All the above

Description : Which of the following is/are OD intervention techniques (a) Sensitivity training ; (b) MBO ; (c) Quality of work life ; (d) All the above

Last Answer : I'd is always working on princiole

Employee recognition can: (a) Be a strong motivator. ; (b) Lead to unrealistic expectations. ; (c) Help with MBO program implementation. ; (d) Assist with goal setting.

Description : Employee recognition can: (a) Be a strong motivator. ; (b) Lead to unrealistic expectations. ; (c) Help with MBO program implementation. ; (d) Assist with goal setting.

Last Answer : (a) Be a strong motivator. ; 

For the individual employee, MBO provides: (a) Specific personal performance objectives. ; (b) Communication between co-workers. (c) A means to an end. (d) A way to keep the company accountable.

Description : For the individual employee, MBO provides: (a) Specific personal performance objectives. ; (b) Communication between co-workers. (c) A means to an end. (d) A way to keep the company accountable.

Last Answer : (a) Specific personal performance objectives. ; 

Have you met someone like "Sheldon Cooper" from "Big Bang Theory" in real life?

Description : Have you met someone like "Sheldon Cooper" from "Big Bang Theory" in real life?

Last Answer : My daughter’s math tutor is in the ball park. She has most of the smarts, all the geekiness, but none of the arrogance.

Have you noticed that The prince's Niccolò Machiavelli looks a lot like Sheldon Cooper?

Description : Have you noticed that The prince's Niccolò Machiavelli looks a lot like Sheldon Cooper?

Last Answer : And they’re never in the same place together…

When will "Young Sheldon" be on TV?

Description : When will "Young Sheldon" be on TV?

Last Answer : I had a great thought for BBT. I thought one of Sheldon's siblings should go to jail, and make him and Amee the guardians of their baby. That way they would be parents, Howard and Bernadette would be ... a baby. He looks puzzled. I am having two babies. The camera fades out on his expression.