Description : It all depends on the variables of a situation" best describes the A. Classical approach B. Human relations approach C. Systems approach D. Contingency approach
Last Answer : D. Contingency approach
Description : 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
Last Answer : Answer: Rationalisation of office work
Description : Hawthorne Experiments were conducted by– (A) Elton Mayo (B) Henry Fayol (C) F. W. Taylor (D) Peter F. Drucker
Last Answer : Answer: Elton Mayo
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
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
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
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.
Last Answer : Is credited with developing the ‘Acceptance Theory of Management’
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.
Description : The Hawthorne studies: (a) Found that to increase worker efficiency, management must analyze and minimize the motions required to complete a task. (b) Found that when workers know they are ... that workers accept a managerial directive only if it is acceptable in terms of their personal interests.
Last Answer : (b) Found that when workers know they are being watched, their productivity increases.
Description : MBO approach in management was introduced by– (A) M. P. Follet (B) Keith Davis (C) Peter Drucker (D) Oliver Sheldon
Last Answer : Answer: Peter Drucker
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. ;
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.
Description : Which of the following is/are pre-judgement(s) of the Hawthorne Studies? I. Perceived meaning and importance of the work determine the output. II. Job performance depends on the individual worker. III. Workplace culture sets ... (II) above ; (c) Only (III) above ; (d) Both (II) and (III) above
Last Answer : (b) Only (II) above ;
Description : Which department is maintained in every modern business house to obtain the good will of the people?
Last Answer : Public relations departments
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
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
Description : 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
Last Answer : Answer: Creation of control centre
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
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
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
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
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
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
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
Description : Who is called ‘The Father of Scientific Management’ ? (A) Elton Mayo (B) Henry Fayol (C) E. F. L. Breach (D) F. W. Taylor
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
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
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
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
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
Description : Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor
Last Answer : Answer: Management
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
Description : What does management audit imply ? (A) Complete audit (B) Detailed audit (C) Efficiency audit (D) Interim audit
Last Answer : Answer: Efficiency audit
Description : Which is a document containing a rules and regulations for the internal management of the company?
Last Answer : The article of association
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
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
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
Description : Direction involves– (A) Physical factors (B) Financial factors (C) Human factors (D) None of the above
Last Answer : Answer: Human factors
Description : Which one of the following is not correct in respect of the Theory X? (A) It emphasizes that most average human beings avoid to be led, want to lead (B) According to the theory X ... achieve organizational goals (D) The theory X assumes that most individuals have little ambition and want security
Last Answer : Answer: It emphasizes that most average human beings avoid to be led, want to lead
Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance
Last Answer : C. Management Contingency Reserve
Description : What should be done by the project manager to ensure that all the work in the project is included? Select one: a. Create a contingency plan. b. Create a risk management plan. c. Create a WBS. d. Create a statement of work. e. Create a scope statement.
Last Answer : c. Create a WBS.
Description : Which leadership theory suggests that management style should adapt itself to changing circumstances? (a) Contingency theory ; (b) Delegation theory ; (c) Autocratic theory ; (d) Participatory theory
Last Answer : (a) Contingency theory ;
Description : Which one of the following is not situated in New Delhi? (A) Indian Council of Cultural Relations (B) Indian Council of Scientific Research (C) National Council of Educational Research and Training (D) Indian Institute of Advanced Studies
Last Answer : Answer: D The Indian Institute of Advanced Study (IIAS) is a research institute based in Shimla, India. It was set up by the Ministry of Education, Government of India in 1964 and it started functioning from October 20, 1965.
Description : Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994 ? (A) Bombay Stock Exchange (B) Delhi Stock Exchange (C) National Stock Exchange (D) Jaipur Stock Exchange
Last Answer : Answer: National Stock Exchange
Description : Which one of the following is not an objective of the introduction of Primary Dealer System ? (A) To encourage a voluntary holding of govt. securities amongst a wider investor base (B) To ... (C) To strengthen the private equity infrastructure (D) To strengthen the govt. securities infrastructure
Last Answer : Answer: To strengthen the private equity infrastructure
Description : The basic aim of Securities and Exchange Board of India (SEBI) is to- (A) Develop an effective and efficient monitoring and control system for the Indian Capital Market (B) To help Bombay Stock Exchange ... To help National Stock Exchange of India Ltd. only (D) To help OTC Exchange of India only
Last Answer : Answer: Develop an effective and efficient monitoring and control system for the Indian Capital Market