LIST OF ATTEMPTED QUESTIONS AND ANSWERS 	 
 	 
 
 Multiple Choice Multiple Answer
  Question  	The summary of important trends in retailing is
  Correct Answer  	efficiency and focus , non store retailing , global players vs local players 
  Your Answer  	non store retailing , global players vs local players , efficiency and focus 
 
 
 Match The Following
Question	Correct Answer	Your Answer
EQ The qualities that mark the people who excel in real life The qualities that mark the people who excel in real life
Self-Motivation It requires a high level of optimism and persistence despite rejection It requires a high level of optimism and persistence despite rejection
Cost It signifies increased employees turnover It signifies increased employees turnover
Benefit Differentiating between positive and destructive emotions Differentiating between positive and destructive emotions
 
 
 Multiple Choice Multiple Answer
  Question  	Name the leading ad agencies in India that have a separate event section.
  Correct Answer  	Vigennet , Ogilvy , Mathers 
  Your Answer  	Vigennet , Ogilvy , Mathers 
 
 
 Multiple Choice Single Answer
  Question  	Management is
  Correct Answer  	Creative
  Your Answer  	Creative
 
 
 True/False
  Question  	Henry Fayol was born in England.
  Correct Answer  	False
  Your Answer  	False
 
 
 Multiple Choice Single Answer
  Question  	The service sector is the most diverse sector in the economy and one of the oldest professions present today are
  Correct Answer  	Indian administrative services
  Your Answer  	Indian administrative services
 
 
 True/False
  Question  	Insider trading issue is an important aspect of corporate governance.
  Correct Answer  	True
  Your Answer  	True
 
 
 True/False
  Question  	Economic consideration do not affect the choice of span.
  Correct Answer  	False
  Your Answer  	False
 
 
 Multiple Choice Multiple Answer
  Question  	Name the following topics that gives an idea about the concept of organizing.
  Correct Answer  	Decentralization , Staffing process , Span of management 
  Your Answer  	Decentralization , Staffing process , Span of management 
 
 
 True/False
  Question  	Span of management is normally related to organization structure.
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	Where is the attack on business families coming from
  Correct Answer  	Transnationals
  Your Answer  	Transnationals
 
 
 Select The Blank
  Question  	________ activities include co-ordination and control.
  Correct Answer  	Managerial
  Your Answer  	Managerial
 
 
 Multiple Choice Single Answer
  Question  	Who emphasized that king, as a head of the state has to be virtuous and self disciplined
  Correct Answer  	Sukrayacharya
  Your Answer  	Sukrayacharya
 
 
 Multiple Choice Single Answer
  Question  	"The structure of consumer demand in India is like an iceberg". What is the rationale behind this statement?
  Correct Answer  	we see only parts of ready potential on the surface
  Your Answer  	we see only parts of ready potential on the surface
 
 
 True/False
  Question  	Samartha Ramdas contributed to the conception of administration and management
  Correct Answer  	True
  Your Answer  	True
 
 
 True/False
  Question  	Taj Mahal are living symbols of 'creation and result of management practices'.
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	Who said, "Management is management of Men, Money, Machinery Materials and Information?" 
  Correct Answer  	Anonymous
  Your Answer  	Anonymous
 
 
 Multiple Choice Single Answer
  Question  	Management is the combination of Arts, Science and
  Correct Answer  	Profession
  Your Answer  	Profession
 
 
 Multiple Choice Single Answer
  Question  	Who said, "Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr
  Correct Answer  	Koontz & O 'Donell
  Your Answer  	Koontz & O 'Donell
 
 
 Multiple Choice Single Answer
  Question  	How many central ideas are associated with consequentialism?
  Correct Answer  	Two
  Your Answer  	Two
 
 
 True/False
  Question  	Vision without mission is incomplete and mission without vision is meaningless.
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	Who said, "Management is a multiple organ that manages a business, manages a manager and manages workers and work"?
  Correct Answer  	Peter Drucker
  Your Answer  	Peter Drucker
 
 
 Select The Blank
  Question  	Control, like other elements of management process has to be ________ and not an emergency operation
  Correct Answer  	continuous
  Your Answer  	continuous
 
 
 Select The Blank
  Question  	The concept of value and the concept of maximization of value are related to________concept of Ethics.
  Correct Answer  	Consequentialism
  Your Answer  	Consequentialism
 
 
 Select The Blank
  Question  	Advantage of delegation of authority results in prompt ________.
  Correct Answer  	Decision-making
  Your Answer  	Decision-making
 
 
 Multiple Choice Single Answer
  Question  	In addition to Place, Labor and Money which other internal environment Factor influences Management? 
  Correct Answer  	Machines
  Your Answer  	Machines
 
 
 Multiple Choice Single Answer
  Question  	Management is
  Correct Answer  	Multidisciplinary
  Your Answer  	Multidisciplinary
 
 
 Select The Blank
  Question  	________ thinks that all knowledge is not subjective and he is self-conceit to possess it.
  Correct Answer  	Knowledge worker
  Your Answer  	Knowledge worker
 
 
 Select The Blank
  Question  	Events are occurrences designed for ________ interests.
  Correct Answer  	marketing
  Your Answer  	marketing
 
 
 True/False
  Question  	Delegation has basically five degrees - zero, low, moderate, high and fifth degree.
  Correct Answer  	True
  Your Answer  	True
 
 
 Select The Blank
  Question  	Business ethics can be defined as the study of what is________for the business.
  Correct Answer  	good and right
  Your Answer  	good and right
 
 
 Select The Blank
  Question  	The retailing sector in India has been quite________.
  Correct Answer  	staid and boring
  Your Answer  	staid and boring
 
 
 Multiple Choice Single Answer
  Question  	Management is said to be the combination of three factors, arts, science and the third is
  Correct Answer  	profession
  Your Answer  	profession
 
 
 Match The Following
Question	Correct Answer	Your Answer
Unit of command This means that employees should receive orders from one superior only This means that employees should receive orders from one superior only
Scalar chain Chain of superiors from the highest to the lowest ranks Chain of superiors from the highest to the lowest ranks
Equity Loyalty, devotion on the part of managers should be there when dealing with subordinates Loyalty, devotion on the part of managers should be there when dealing with subordinates
Esprit De Corps In union there is strength' In union there is strength'
 
 
 Multiple Choice Single Answer
  Question  	Which concept of ethics tries to explore the traits which help a person to lead a life that is satisfying from an ethical point of view?
  Correct Answer  	Ethics of Virtue
  Your Answer  	Ethics of Virtue
 
 
 Select The Blank
  Question  	In management process, the most misinterpreted word is ________.
  Correct Answer  	Organizing
  Your Answer  	Organizing
 
 
 Multiple Choice Single Answer
  Question  	What does Maslow propound about the five needs ?
  Correct Answer  	Hierarchy
  Your Answer  	Hierarchy
 
 
 Multiple Choice Single Answer
  Question  	Which ethical concept argues/emphasizes that all mature persons have adequate capacity to reason and that ethical rules can be desired from such reasons?
  Correct Answer  	Deontological Ethics
  Your Answer  	Deontological Ethics
 
 
 Multiple Choice Single Answer
  Question  	What is the challenge insurance will face like any other service sector?
  Correct Answer  	Branding
  Your Answer  	Branding
 
 
 Multiple Choice Multiple Answer
  Question  	The steps included in the process of MBO are
  Correct Answer  	Preliminary setting of goals at the top , Clarification of organisational goals , Recycling of objectives 
  Your Answer  	Preliminary setting of goals at the top , Clarification of organisational goals , Recycling of objectives 
 
 
 Multiple Choice Single Answer
  Question  	What require a high level of optimism and persistence despite rejection
  Correct Answer  	Self-Motivation
  Your Answer  	Self-Motivation
 
 
 Multiple Choice Single Answer
  Question  	One of the internal environment factors that influences management is
  Correct Answer  	Place
  Your Answer  	Place
 
 
 Multiple Choice Multiple Answer
  Question  	Name the flagship companies under the Business family "Munjals"
  Correct Answer  	Hero Honda , Hero Cycles 
  Your Answer  	Hero Honda , Hero Cycles 
 
 
 Multiple Choice Multiple Answer
  Question  	In the complex new liberalized economy business families face common problems such as
  Correct Answer  	Unproductive labour , Falling share value , Transnational attach 
  Your Answer  	Unproductive labour , Falling share value , Transnational attach 
 
 
 Select The Blank
  Question  	Henry Fayol finds ________ and responsibility to be related, with the latter arising from the former.
  Correct Answer  	Authority
  Your Answer  	Authority
 
 
 Select The Blank
  Question  	Planning depends on authenticity and ________ of information.
  Correct Answer  	Reliability
  Your Answer  	Reliability
 
 
 Multiple Choice Single Answer
  Question  	One of the external environment factors that influences Management is
  Correct Answer  	Legal
  Your Answer  	Legal
 1:58 AM
1:58 AM
 Rozim
Rozim
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