Question 5 :
During a trial, an attorney is planning to call to the stand to testify six different witnesses- T, V, W, X, Y and Z. She will call each witness exactly one time, and the other in which she calls them is subject to the following conditions<br/>(i) The fourth witness must be T.<br/>(ii) W and Y must both be called before V.<br/>(iii) X must be called before W.<br/>Which out of the following could be the order in which the attorney calls the six witnesses?<br/>
Question 7 :
Which one of the following strategy deals with day-to-day activities of a business?
Question 8 :
During a trial, an attorney is planning to call to the stand to testify six different witnesses- T, V, W, X, Y and Z. She will call each witness exactly one time, and the other in which she calls them is subject to the following conditions<br/>(i) The fourth witness must be T.<br/>(ii) W and Y must both be called before V.<br/>(iii) X must be called before W.<br/>Which of the following must be true about the order in which the attorney calls the witnesses?<br/>
Question 12 :
During a trial, an attorney is planning to call to the stand to testify six different witnesses- T, V, W, X, Y and Z. She will call each witness exactly one time, and the other in which she calls them is subject to the following conditions<br/>(i) The fourth witness must be T.<br/>(ii) W and Y must both be called before V.<br/>(iii) X must be called before W.<br/>If the attorney calls Z last, which witness must be called fifth?<br/>
Question 13 :
State with reasons whether the following statement is True or False.<br>Planning has no vital importance in the process of management.<br>
Question 16 :
Which of the following type of budget is prepared to assess the level of inventories, receivables etc.?
Question 18 :
Value system of an organization - have an impact on its:<br/>I. Objectives<br/>II. Policies<br/>III. Practices<br/>IV. Profit<br/>Which is the correct option?<br/>
Question 23 :
The appointments of intermediaries for a public issue is made by ___________________________.
Question 24 :
Which of the following statements is false about Taylor and Fayol?<br>
Question 28 :
A 'Put' option, in case of debt instruments issued by a company is ______________________________.
Question 30 :
The list of the principles of management is given by _____.
Question 32 :
A person who has ultimate control over the affairs of the factory under Factories Act,1948 is called as _____________.
Question 34 : Match the following:<table class="wysiwyg-table"><tbody><tr><td>(a) The Practice of Management</td><td>$1.$ Henry Fayol</td></tr><tr><td>(b) Philosophy of Management</td><td>$2.$ F.W. Taylor</td></tr><tr><td>(c) Scientific Management</td><td>$3.$ Oliver Sheldon</td></tr><tr><td>(d) General and Industrial Administation</td><td>$4.$ Peter F. Drucker</td></tr></tbody></table>
Question 35 :
Which of the following is not a principal of Henri Fayol?
Question 37 :
Which of the following is a concept given by Frederick Taylor?
Question 40 :
State with reasons whether the following statement is True or False.<br>According to Taylor, there should be scientific selection and training of employees<br>
Question 41 :
<b></b>How many principles of management have been suggested by Henri Fayol ?
Question 42 :
According to Koontz and O'Donnell why do we need a set of principles for management?
Question 50 :
The principals of unity of command and unity of direction was given by _______.
Question 52 :
Which of the following is not a principle of management according to Henry Fayol?
Question 53 :
The principle that a subordinate should receive order and be responsible to only one boss is known as:
Question 55 :
Which of the following principles is not related to Henry Fayol's principle?
Question 57 :
 Which of the following is one of the 14 principles of management identified by Henry Fayol?
Question 58 :
Which of the following terms would define harmony and mutual understanding among the members of an organisation?
Question 59 :
Select the proper option from the probable option given below and rewrite the complete statements:<br>Henry Fayol is called as the father of _____ management.
Question 63 :
_____ organisation refers to the relationship between people based not on procedures but on personal attitudes prejudices and also the likes and dislikes of people.
Question 64 :
Of the functions of management,the purpose of ____________ is to assemble similar looking jobs so as to bring order in the organisation.
Question 66 :
The document which describes an organisation structure and authority level is known as ________.
Question 68 :
"The multiplicity of vertical and horizontal relationships impair organizational efficiency" This statement is for ___________.
Question 71 :
For delegation to be effective, it is essential that responsibility be accompanied with necessary ______.
Question 74 :
Answer the following question.<br>Which of the following is not an element of delegation?<br>
Question 76 :
The maximum number of partners for a firm carrying on banking business is ________.
Question 78 :
"The right to take decisions by virtue of your formal position" can be termed as _____________.
Question 80 :
Under ____________ organisation, there is a clear demarcation between thinking and doing.
Question 82 :
An efficient system of control encourages top management to go in for ___________ authority.
Question 83 :
Grouping of activities on the basis of functions is a part of ____________.
Question 84 :
Henri Fayol defined _____________ as " the right to give orders and exact obedience".
Question 86 :
Grouping of activities on the basis of product lines is a part of ____________.
Question 88 :
A network of social relationship that arise spontaneously due to interaction at work is called _________________.
Question 90 :
When an organization assigns specialists to group people according to the projects they are working on is called _______.
Question 91 :
The form of organisation known for giving rise to rumours is called _______________.
Question 92 :
An organization that assigns specialists from different functional departments to work on one or more than one projects being led by project managers is called ____________.
Question 93 :
Which one of the following forms of organisations is suitable for software development for a client?
Question 94 :
Which one of the following is a feature of delegation of authority?
Question 98 :
Which of the following is the oldest and simplest form of organisation?
Question 101 :
Which of the following is not a method of job evaluation?
Question 106 :
Which of the following structure of direction & coordination is characterized by wide spans of control, little formalization a low degree of departmentalization and authority centralized in a single person?
Question 107 :
Which kind of organisation structure is recommended in the case,where the scale of business is small,number of subordinate and operative employees are not many and the organisation is in continuous process industry?
Question 110 :
According to Peter Drucker, there are _______ phases in organising process
Question 111 :
________, defines "Personnel Management is the planning, organization, directing and controlling of the procurement, development, resources to the end that individual and societal objectives are accomplished".
Question 112 :
"Personnel Management is the recruitment, selection, development, utilization, compensation and motivation of human resources by the organization". This definition is given by.
Question 113 :
To which of the following categories of Personnel Management is concerned?
Question 114 :
______ is a voluntary collective action to serve a common purpose. Whereas _______ is the orderly synchronization of group efforts so as to provide unity of action in the pursuit of common purpose.
Question 115 :
______ is concerned with both the "orderly" assemblage of human and material resources as well as the process of development of a structure of formally identified and distinguished tasks, roles and relationships that may be attributable to the various members so that they may effectively work as a group.
Question 116 :
Which of the following function of personnel manager can be treated as "Operative function"?
Question 117 :
__________________ provides the organization with adequate number of competent and qualified personnel at all levels in the enterprise.
Question 119 :
Human Resource Management (HRM) is that part of management which is?
Question 120 :
Which of the following function of management starts issuing orders and instructions to subordinates and ends with getting things done by satisfaction of various need of subordinates?
Question 121 :
It is NOT UNCOMMON that  ______ is not sufficient for management.
Question 122 :
Which of the following does not correctly depict the TQM principle?
Question 125 :
Identify which of the following statement is correct $(\surd)$ and which is incorrect $(\chi)$?<br/>X. Co-ordination should be viewed as a responsibility of only top level manager of the organization.<br/>Y. Co-ordination and co-operation are same things.<br/>Select the correct answer from the options given below:
Question 127 :
Which of the following is importance of management?<br/>(1) It arranges the factors of production, assembles and organizes the resources.<br/>(2) It helps the country to keep balanced approached in social order<br/>(3) It utilizes all the physical & human resources productively.<br/>(4) It helps the employees to get stronger trade union.<br/>(5) It get maximum results through minimum input by proper planning and by using minimum input.Select the correct answer from the options given below :-
Question 128 :
It is a process of transformation where the old system can no longer be maintained ____________.
Question 129 :
Which word did Luther Gulick coin using initial letters of management?
Question 132 :
Formulating and executing HR system that produces employee competencies and behavioral needs to achieve the company's strategic aims is _________.
Question 135 :
Management by Objectives (MBO) is a system for achieving organizational objectives,enhancement of employee commitment and participation. Which of the following is NOT an advantage of MBO?
Question 137 :
Which of the following information processing systems gives the output in the form of summary and exception reports that are useful to the managers?
Question 140 :
Statement I: <br>A true manager can continue to manage the same way as he has been doing it in the past.<br>Statement II:<br>Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation.<br>Select the correct answer from the options given below -
Question 145 :
Which one of the following definitions of management is given by Henry Fayol?
Question 147 :
At which level of management hierarchy intellectual skill is the most important & vital?
Question 149 :
_________ is concerned with the persons, or organization groups making the decision making process.
Question 151 :
Directing and motivating are part of the controlling function.Sate whether the sentence is true or false.
Question 154 :
______ is a technique for planning and controlling complex projects and for scheduling the resources required on such products.
Question 155 :
Which of the following factors shapes the ethical behaviour of the members of an organization?
Question 156 :
Maintaining discipline and rewarding effective performance is part of _______ function of management.
Question 157 :
Hanry feyol, the __________ Industrialist and popularly known the 'founder of modern management theory'.
Question 159 :
Assertion: Management is a human or social process.
Reason: It involves human beings and inter relationships among them.
Question 161 :
A manager should know how to identify a problem and possess the ability to find a best solution for solving any specific problem. This can be termed as.
Question 163 :
Assertion: Management is a continuous process.
Reason: Managers first plan, then organise and finally perform the function of controlling.
Question 167 :
Division of work among people and coordination of their efforts to achieve specific objectives are the fundamental aspects of ___________.
Question 171 :
Which of the following is not a Principle of management given by Taylor?
Question 172 :
Shweta Ltd. has retained earnings of Rs. 72 lakh and equity capital of Rs. 38 lakh. If the equity investors expect a rate of return of $17\%$ and the cost of issuing fresh equity is $6\%$, the cost of external equity is ___________.
Question 173 :
______ is the management and coordination of an organizations's responses to an incident that threatens to harm, or has harmed, that organization's people, structures, ability to operate, valuables and/ or reputation.
Question 174 :
Threat to go on strike is ________ of resistance to change.
Question 175 :
Three-step Model for successful change in organizations was introduced by __________.
Question 176 :
Which of the following banks introduced the first ATM in India?<br>
Question 177 :
Which of the following is correct in relation to "overcoming to resistance to change"?
Question 178 :
Which of the following is normally the cause of organizational change?
Question 181 :
Which of the following is not one of the Porters five force factor?
Question 182 :
Which of the following contains the owner of the business, the shareholders, the managing director,the non-managers, employees, the customers,the infrastructure of the business organization, and the culture of the organization?
Question 183 :
To develop caliber professionals facilitating good corporate governance is ___________of ICSI.
Question 184 :
Which of the following is not a political factor that impacts external macro-environment?
Question 185 :
To give people the power to share and make the world more open and connected is ______of Facebook.
Question 186 :
Select out the one that is not a part of the macro-environment________________.
Question 187 :
Which of the following is not a way of overcoming resistance to change?
Question 188 :
Micro environmental factors can be described as ________ close to a business that have a direct impact on its strategy.
Question 190 :
When employee resistance provokes a well-grounded debate and constructive criticism, leading to improvements in the change process, it is called _________.
Question 191 :
Which factor has been the most rapidly changing component in an organisation's general environment in the past quarter century?
Question 192 :
An organization has little or no control over its-<br>A.Internal environment<br>B.Inner environment<br>C.External environment
Question 194 :
Closure of small scale firms is a positive effect of economic liberalisation.<br/>
Question 195 :
A_________defines the company's business, its objectives and its approach to reach those objectives.
Question 197 :
Which type of employee resistance aims at ensuring the complete failure of change initiatives of the organization?
Question 198 :
_________ is a method of scientific inquiry into the circumstances necessitating change and the action that may be taken threreon.
Question 199 :
Multiple Choice Questions:<br>Which of the following best indicates the importance of business environment?<br>
Question 200 :
A business has absolute control in the _________(X), whereas it has no control on the___(Y)<br/>Select the correct answer from the options given below.<br/>
Question 201 :
Which of the following is correct in relation to "overcoming to resistance to change"?
Question 202 :
State whether the following statement is True or False:<br>Innovative approach requires no feedback system.<br>
Question 203 :
A statement of a firm's unique purpose and the scope of its operations in product, and market terms is known as _____________.
Question 205 :
Partial or complete sale of a public sector enterprise is called _______.
Question 207 :
Which is incorrect from the following highlights of the New Small Scale Industrial Policy, 1991?<br>
Question 211 :
According to the Industrial Policy Resolution of 1956, Schedule B has _________ Industries.<br/>
Question 212 :
A vividly descriptive image of what a company wants to be known for _____________.
Question 214 :
State whether the statement is true or false.Macro-environment is concerned with major issues and upcoming changes in the environment.
Question 215 :
Peter F. Drucker used the term 'Privatisation' in his famous book, ________.<br/>
Question 216 :
Which among the following have not been opened for private sector participation?
Question 217 :
The following are the main objectives of the New industrial Policy (1991):<br/>1. To build on the gains already made<br/>2. To maintain a sustained growth in productivity<br/>3. To attain international competitiveness<br/>4. To maintain gainful employment<br/>Which is/are correct?<br/>
Question 221 :
As per NIP, 1991,<br/>1. the public sector units were made more professional<br/>2. the public sector units were given greater autonomy<br/>3. the private sector units were made professional<br/>4. the private sector units are given autonomy<br/>Which are incorrect?<br/>
Question 222 :
According to the Industrial Policy resolution of 1956. Schedule A contains __________.<br/>
Question 224 :
The MRTP Act and NIP, 1991 was made applicable to _______________.<br/>
Question 227 :
The following are the ways of privatisation:<br/>1. Disinvestment  2. Denationalization<br/>3. Franchising    4. Contracting<br/>Which is correct?
Question 228 :
Porter's Forces Analysis assumes that there are important forces that determine competitive power in a business situation. These are:<br>I. Supplier power, Threat of new entry <br>II. Supplier power, Buyer power, Competitive rivalry<br>III. Supplier power, Competitive rivalry, Threat of new entry<br>IV. Supplier power, Buyer power, Competitive rivalry, Threat of substitution, Threat of new entry<br>Select the correct answer from the options given below-<br>
Question 229 :
Out of the following, the main sets of forces mostly affecting organisations are ________.
Question 231 :
The importance of environmental scanning was recognized by ________ in the late 1970s.
Question 232 : Match the following:<table class="wysiwyg-table"><tbody><tr><td>List I</td><td>List II</td></tr><tr><td>(P) Process of eliminating unnecessary controls for smooth functioning of business enterprises</td><td>1. Globalization</td></tr><tr><td>(Q) Transfer of ownership of an enterprise from the public sector to the private sector</td><td>2. Liberalization</td></tr><tr><td>(R) Cross border transactions in goods and services and international capital flows</td><td>3. Privatization</td></tr><tr><td></td><td>4. Demonetization</td></tr><tr><td></td><td></td></tr></tbody></table>
Question 233 :
What is a financial and/or quantitative statement called which is prepared and approved prior to a defined period of time of the policy to be pursued during that period for the purpose of attaining a given objective?
Question 234 :
Environmental analysis makes the task of managers easier in dealing with business challanges.
Question 238 :
What is the watershed year in the history of e-mail marketing
Question 239 :
The importance of globalization for multinational firms is evident from which of the following?
Question 241 :
The initial trigger for the policy of economic liberalization in India in 1991 was ________.
Question 243 :
Which of the following are the criticism points of New Industrial Policy, 1991?<br>1. Total departure from Nehruvian concept of socialism<br>2. Tilting towards capitalism and open invitation to multinationals<br>3. Opening India's market to Multi-nationals does not guarantee more export of Indian goods<br>4. Labour unions oppose the New Industrial Policy<br>Choose the correct?<br>
Question 247 : Match the following components of Business Environment.<table class="wysiwyg-table"><tbody><tr><td>a) Economic Environment</td><td>i) Exim Policy</td></tr><tr><td>b) Social Environment</td><td>ii) Customs</td></tr><tr><td>c) Political Environment</td><td>iii) Social Values</td></tr><tr><td>d) Legal Environment</td><td>iv) Business Law and Banking Act</td></tr></tbody></table>
Question 249 :
The first New Small Scale Industrial Policy was announced on ________.<br/>
Question 251 :
The imposition of a ceiling on a monopolist's price will effect the company's ________.<br/>
Question 252 :
Changes in which of the following areas did you identify as the main causes of strategic change?<br>(i) Environment<br>(ii) Business relationships<br>(iii) Technology<br>(iv) People<br><i>Select the correct answer from the options given below-</i><br>
Question 253 :
The insecurity about tomorrow's products that haven't even been invented yet, reflects which aspect of the technological environment?
Question 254 :
Environment scanning is careful monitoring of an organization's _______ environments for detecting early signs of opportunities and threats that may influence its current and future plans.
Question 255 :
Which dimension of an organization's environment refers to the degree to which it can support growth?
Question 260 :
Which of the following is concerned with the Quality, performance of a product?
Question 261 :
Labels are not useful for providing detailed information of the product.
Question 262 :
Which of the following is not an advantage of branding to marketer?
Question 265 :
______ can be defined as anything that can be offered to a market to satisfy a want or a need.
Question 266 :
Which of the following is not a tool of sales promotion?
Question 267 :
Scope of _______ is limited but scope of _________ is wider.
Question 268 :
Labeling helps in adhering to providing information that is required by the law.<br/>
Question 270 :
Tobacco companies have been criticized for marketing cigarettes which are said to cause lung cancer. In this example, which element of the marketing mix is considered to be at blame? 
Question 278 :
After conducting the business analysis for developing a new product, a company must do ________.
Question 280 :
Brand helps the seller to _______ between its product and  competitor's products.
Question 281 :
Which of the following does not match with misleading claims and vulgarity in advertisement?
Question 284 :
A ______ is a sign, symbol, term, design or a combination of them, used to identify the product.
Question 285 :
____________ refers to further packaging components necessary for storage and transportation.
Question 288 :
Labeling does not help with the function of protecting the product from damage.
Question 289 :
Which of the following is not a part of promotional mix?
Question 290 :
Which of the following provides liquidity to money market instrument by creating a secondary market where they can be traded?
Question 293 :
A method for achieving maximum market response from limited marketing resources by reorganizing differences in the response characteristics of various parts of the market is known as _______.
Question 297 :
Good marketing is no accident, but a result of careful planning and _______.
Question 298 :
Marketer has to decide whether the product will be sold under brand name or ______ name.
Question 300 :
Which of the following is a quality of a good salesperson?
Question 302 :
_______ is a mode of direct marketing by the manufacturer, It consists of recruitment of persons who act as distributors of company's products.
Question 303 :
______________ refers to designing the label to be put on the package.
Question 304 :
The concept of marketing-mix, consisting of the $4\ P's$ of marketing, was developed by _________.
Question 306 :
Which of the following concepts is based on development, design and implementation of marketing programmes, processes and activities that recognize their breadth and interdependence?
Question 307 :
Select the phases of Product Life Cycle:<br>$1.$ Initiation $2.$ Decline $3.$ Boom $4.$ Introduction $5.$ Maturity $6.$ Growth.
Question 308 :
Which segmentation approach is the most compatible with the spirit of the marketing concept?
