Q1:
16 July Shift 2
Medium
Which of the following is NOT true about 'management as a science'?
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16 July Shift 2
Medium
Which of the following is NOT true about 'management as a science'?
16 July Shift 2
Easy
Through the efforts of the people working at this level, quality of output is maintained and wastage of material is minimized. Identify the level of management.
16 July Shift 2
Medium
Match the items of List I with the correct items of List II | List I | List II | | --- | --- | | A. Removal of restrictions on the movement of goods and services | I. Legal Environment | | B. The advertisement of alcoholic beverages is prohibited | II. Privatisation | | C. Govt. adopted the policy of planned disinvestment | III. Globalisation | | D. It involved an increased level of interaction among nations | IV. Liberalisation | Choose the correct answer from the options given below:
16 July Shift 2
Easy
Smita joined a gym by observing the health and fitness trend in the society. She became health conscious and started buying organic food. Which dimension of business environment is highlighted here?
16 July Shift 2
Medium
Identify the correct sequence of steps involved in the Planning process. A. Identifying alternative B. Selecting an alternative C. Evaluating alternative D. Follow up action E. Implementing the plan Choose the correct answer from the options given below:
16 July Shift 2
Medium
Identify the step of planning that would also involve organizing for labour and purchase of machinery.
16 July Shift 2
Medium
Employees of a leading Pharmacy company are instructed to follow the plans made by the top management. No one is allowed to act on their own. Identify the limitation of planning in the above mentioned line.
16 July Shift 2
Medium
Which of the following statements is true regarding organization structure? A. Span of management gives shape to the organization structure. B. Organization structure of a firm can not be shown in an organization chart. C. It does not allow coordination among human, financial and physical resources. D. It provides a framework within which managerial and operating tasks are performed. E. It specifies the relationship between people, work and resources. Choose the correct answer from the options given below:
16 July Shift 2
Medium
Which type of organizational structure is the most suitable for an organization which is large, has diversified activities and manufacturing one product?
16 July Shift 2
Easy
Workload analysis would enable an assessment of the :
16 July Shift 2
Easy
Identify the type of external source which specializes in middle level and top level executive placement.
16 July Shift 2
Hard
Match the items of List I with the correct items of List II | List I | List II | | --- | --- | | A. Direct financial payments | I. Employer paid insurance and vacation | | B. Indirect payments | II. Payment of salary and wages on daily, weekly or monthly basis | | C. Direct time based payments | III. Payment of wages and salary according to piece work | | D. Direct performance based payments | IV. Incentives, commission and bonus | Choose the correct answer from the options given below:
16 July Shift 2
Medium
Once the job offer has been made to the candidate, company prepares an important document containing vital details about the candidate which is authenticated by him/her. This document serves as a valid record for the future reference. Name the document which has been highlighted in the above para.
16 July Shift 2
Medium
Match the items of List I with the correct items of List II | List I : Definition | List II : Concepts | | --- | --- | | A. Process of exchange of ideas, facts, feelings between or among people to create common understanding | I. Motivation | | B. Process of influencing the behavior of people by making them strive voluntarily towards achievement of organizational goals | II. Supervision | | C. Process of stimulating people to action to accomplish desired goals | III. Communication | | D. Process of guiding the efforts of employees to accomplish desired objectives | IV. Leadership | Choose the correct answer from the options given below:
16 July Shift 2
Easy
Arpit was working in an IT firm for the last 5 years. His job was confirmed. He was medically insured by his firm and was promoted recently to the position of Senior Marketing Manager. Arpit was happy on one hand and had the feeling of self-fulfillment, but on the other hand, he did not have good cordial relations with his colleagues. Which need of Arpit remains unfulfilled?
16 July Shift 2
Easy
When employees are appreciated for the work performed by them, they feel motivated to perform at higher level. Which incentive is being referred to?
16 July Shift 2
Easy
Arrange the following in the correct sequence with respect to controlling process. A. Analyzing deviation B. Taking corrective action C. Setting standards D. Comparing actual performance with standards E. Measurement of actual performance Choose the correct answer from the options given below:
16 July Shift 2
Medium
Mr. Sumit Sharma is the Product manager of a Garment manufacturing company. He was asked by the Senior manager Mr. Ram to prepare performance report of the employee as the production was decreasing. Which step of the controlling process, the senior manager Mr. Ram wanted Mr. Sumit to perform?
16 July Shift 2
Medium
Controlling function of management is :
16 July Shift 2
Medium
Which of the following statements are true about controlling? A. Controlling is forward looking function B. Controlling improves future planning C. Controlling is a pre-requisite for planning D. Controlling is prescriptive E. Controlling is required only at lower level Choose the correct answer from the options given below:
16 July Shift 2
Easy
Ownership Capital is also known as:
16 July Shift 2
Easy
Current assets are those assets which get converted into cash within
16 July Shift 2
Medium
Ramanuj is thinking of starting an advertising agency. What will be the amount of working capital requirement for him?
16 July Shift 2
Medium
During a bearish phase of stock market, company should make use of _____.
16 July Shift 2
Easy
Computers become obsolete fast and are replaced much sooner than furniture. The requirement of fixed capital, hence, is more for the firms dealing in computers. Identify the factor affecting fixed capital from the above para.
16 July Shift 2
Medium
'The decision determines the overall cost of capital and the financial risk of the enterprises.' Which decision is highlighted in the above statement?
16 July Shift 2
Medium
Which of the following statement is/are correct regarding function of Stock Exchange? A. Providing liquidity and market ability to existing securities. B. Training of intermediaries. C. Undertaking steps of investor protection. D. Promotion of fair practices and code of conduct in securities market. E. Regulation of takeover bids by companies. Choose the correct answer from the options given below:
16 July Shift 2
Medium
Match the items of List I with the correct items of List II | List I | List II | | --- | --- | | A. Treasury Bill | I. Companies use it for bridge financing | | B. Commercial Paper | II. Used for inter bank transactions | | C. Call money | III. Issued by RBI on behalf of Central government | | D. Commercial Bill | IV. It is a bill of exchange used to finance the working capital requirement of business | Choose the correct answer from the options given below :
16 July Shift 2
Hard
Which of the following statement is/are false about Financial market? A. Investment in capital market requires huge financial outlay. B. Money market has no physical location. C. The primary market is known as new issue market. D. Money market instruments are riskier both with respect to returns and principal repayments. E. Financial market consists of capital market and secondary market only. Choose the correct answer from the options given below:
16 July Shift 2
Easy
Shriniwas has 2,500 equity shares of K.C.L. company. He wants to sell these shares. Identify the market which he should approach.
16 July Shift 2
Medium
An investor has purchased a 91 days treasury bill with a face value of Rs. 50,000 for Rs. 45,000. He held the bill till maturity date and received Rs. 50,000. The difference of Rs. 5,000 represents
16 July Shift 2
Easy
With the growth of computer, a new trend has emerged i.e. companies are using interactive sites on the internet, to collect customer views and opinions before taking important business decisions. Identify the function of marketing indicated above.
16 July Shift 2
Easy
The process of giving a name or a sign or a symbol to a product is a part of which element of marketing mix?
16 July Shift 2
Easy
Identify the component of marketing mix which is the single most important factor affecting the revenue and profits of a firm.
16 July Shift 2
Easy
Sugandha has to buy a diamond studded gold ring for her fiance Harmeet. Which quality mark she should check?
16 July Shift 2
Medium
Identify from the following, who Cannot file a complaint under Consumer Protection Act.
16 July Shift 2
Easy
Government is creating awareness amongst people about their consumer rights and responsibilities through its advertisement: Jago Grahak Jago. Which consumer right has been highlighted in the above statement?
16 July Shift 2
Medium
Which of the following correctly describes FPO as a quality certification mark?
16 July Shift 2
Medium
As per Consumer Protection Act, 2019, an aggrieved consumer can make a complaint to the State Commission when the value of goods and services along with compensation claimed.
16 July Shift 2
Hard
Arrange the following process of setting up of a business chronologically. A. Assessment of feasibility of idea and preparing plan B. Scanning the environment for opportunities C. Resource mobilization D. Appraisal by funding agencies E. Development of product/service idea Choose the correct answer from the options given below:
16 July Shift 2
Easy
In the above case study, which dimension of business environment is highlighted?
16 July Shift 2
Easy
Amrita used environmental friendly method of production. Which objective Amrita tried to achieve?
16 July Shift 2
Easy
By dividing the work into small tasks so as to increase the efficiency, Amrita followed one of the principles of Fayol. Identify it.
16 July Shift 2
Easy
She assigned responsibility to her sales staff in the form of clear cut targets and gave them authority to close the deal. By doing so, she followed a principle of Fayol. Identify it.
16 July Shift 2
Medium
Amrita allows her sales staff to give 5% discount to close the deal and retains with herself the power to give any further discount. Which principle of Fayol is highlighted here?
16 July Shift 2
Easy
Amrita unknowingly has followed the organizing process. Select the correct sequence of the process. A. Assignment of duties B. Establishing reporting relationship C. Identification and division of work D. Departmentalization Choose the correct answer from the options given below:
16 July Shift 2
Medium
Specialists were appointed through placement agencies and management consultants. This is one aspect of staffing. Identify it.
16 July Shift 2
Easy
Amrita tried to motivate her employees by giving them bonus. To which category of incentives bonus belongs to?
16 July Shift 2
Medium
Amrita honours her commitment and gave a special incentive to her employees. By doing so, she had followed which principle of Fayol? Identify it.
16 July Shift 2
Easy
Amrita develops plans and makes decisions in consultation with her subordinates. Which leadership style is reflected in her?
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