Q1:
14 May Shift 1
Medium
_________ system keeps a careful check on the changes taking place in the organization and in the environment and helps to review and revise the standards in light of such changes.
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14 May Shift 1
Medium
_________ system keeps a careful check on the changes taking place in the organization and in the environment and helps to review and revise the standards in light of such changes.
14 May Shift 1
Easy
Sahil purchased an LCD TV worth Rs. 1.5 lakh and found that the panel of the TV was broken. The shopkeeper refused to entertain the issue. Where would Sahil complain about this?
14 May Shift 1
Easy
Which of the following is termed as the 'Essence of Management'?
14 May Shift 1
Easy
"Benefits of Specialisation" is one of the importances of:
14 May Shift 1
Medium
Arrange the following steps of the selection process in a logical sequence. (A) Selection Tests (B) Employment Interview (C) Reference and Background Checks (D) Preliminary Screening Choose the correct answer from the options given below:
14 May Shift 1
Easy
Arrange the following steps involved in setting up a business in a logical order. (A) Resource Mobilisation (B) Development of Product/Service idea (C) Environmental scanning for entrepreneurial opportunities (D) Assessment of feasibility of the idea and preparation of a business plan Choose the correct answer from the options given below:
14 May Shift 1
Easy
Which of the following schools of thought of management is NOT referred to as the 'Classical' school?
14 May Shift 1
Easy
Which of the following refers to a complete offer for a product or service, having given features like size, quality, taste, etc; at a certain price; available at a given outlet or location and so on?
14 May Shift 1
Medium
Arrange the following steps of organizing process in a logical manner. (A) Dividing the work into manageable activities (B) Allocating the work to the members of each department in accordance to their skills and competencies (C) Creation of hierarchical structure and coordination among various departments (D) Departments are created on the basis of several criteria such as: territory and products Choose the correct answer from the options given below:
14 May Shift 1
Easy
A tube of toothpaste usually comes in a cardboard box. Consumers dispose off the box and start using the toothpaste. What level of packaging is this?
14 May Shift 1
Hard
When ______ workers go on strike, they wear a black badge but work more than normal working hours to gain the sympathy of the management.
14 May Shift 1
Medium
In functional foremanship technique, who among the following works under the planning incharge: (A) Instruction Card Clerk (B) Inspector (C) Disciplinarian (D) Time and cost Clerk Choose the correct answer from the options given below:
14 May Shift 1
Easy
The CEO of a firm is involved regularly in personal observation, statistical report making and trying to ensure that current activities conform to planned targets. Which function of management is he performing?
14 May Shift 1
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | Decision | Factor affecting the decision | | (A) Detailed Statement | (I) Method | | (B) Prescribed Way | (II) Rule | | (C) What is to be done? | (III) Programme | | (D) Routine steps | (IV) Procedure | Choose the correct answer from the options given below:
14 May Shift 1
Easy
_________ integrates employees efforts in the organisation in such a way that every individual effort contributes to the organisational performance.
14 May Shift 1
Easy
Which of the following is not an important factor influencing the pricing of a product?
14 May Shift 1
Medium
ABC Ltd. has debt equity ratio of 3:1, whereas XYZ Ltd. has debt equity ratio of 1:1. Name the advantage ABC Ltd will have over XYZ Ltd., when the rate of interest is lower than the rate of return on investment of the company.
14 May Shift 1
Easy
Identify the INCORRECT statement from the following.
14 May Shift 1
Easy
If an Indian firm finds that a foreign multinational is entering the Indian market with new substitutes, it can prepare itself to meet the threat by adopting which of the following measures: (A) Improving the quality of the products (B) Reducing cost of production (C) Engaging in aggressive advertising and making false claims (D) Upgrading technology Choose the correct answer from the options given below:
14 May Shift 1
Easy
Match List–I with List–II | List–I | List–II | |----------------------|-------------------------------------------------------------------------| | (A) Sales Promotion | (I) Managing public opinion of an organisation. | | (B) Advertising | (II) Short-term incentives to boost sales. | | (C) Personal Selling | (III) An impersonal form of communication, which is paid for by the marketers. | | (D) Public Relations | (IV) Developing an interactive relationship between the seller and the buyer. | **Choose the correct answer from the options given below:**
14 May Shift 1
Medium
Which of the following is not believed to be a mere issue of communication but encompasses many elements like supervision, motivation and leadership?
14 May Shift 1
Medium
Match List-I with List-II | List-I | List-II | | --- | --- | | Principles of Directing | Description | | (A) Maximum Individual<br>Contribution | (I) Receiving instructions from one manager only. | | (B) Managerial Communication | (II) Bringing out untappted energies of employees for the efficiency of organisation. | | (C) Unity of Command | (III) Reviewing continuously whether orders are being implemented accordingly. | | (D) Follow Through | (IV) Convey clear instructions to create total understanding to subordinates. | Choose the correct answer from the options given below:
14 May Shift 1
Medium
"Controlling should focus on Key Result Areas which are critical to the success of an organization" is suggested under which of the following concepts?
14 May Shift 1
Easy
With growing competition and an attempt to increase their sales and market share using unfair means, the manufacturers, sellers and service providers may be tempted to engage in:
14 May Shift 1
Easy
Identify from the options given below, which is NOT an importance of packaging?
14 May Shift 1
Medium
Which of the following are the disadvantages of Functional Structure? (A) A functional structure leads to occupational specialisation, since emphasis is placed on specific functions (B) It may lead to problems in coordination as information has to be exchanged across functionally differentiated departments (C) It may lead to inflexibility as people with the same skills and knowledge base may develop a narrow perspective (D) Functional heads do not get training for top management positions because they are unable to gather experience in diverse areas Choose the correct answer from the options given below:
14 May Shift 1
Medium
Which of the following are related to the social objectives of management? (A) Using environmentally friendly methods of production (B) Providing financial loans to suppliers (C) Providing basic amenities like schools and creches to employees (D) Giving employment opportunities to economically weaker sections of society Choose the correct answer from the options given below:
14 May Shift 1
Medium
In the process of __________ companies usually modify the relationships within the management hierarchy to suit the goals.
14 May Shift 1
Easy
Arrange the following current assets, in order of liquidity. (A) Cash in hand (B) Bills receivable (C) Marketable securities (D) Finished goods inventory Choose the correct answer from the options given below:
14 May Shift 1
Easy
The marketing manager of Aricure Ltd. offers short-term incentives to encourage buyers to make immediate purchases. Which element of promotion mix is he referring to?
14 May Shift 1
Easy
Which of the following is NOT related to the importance of consumer protection from a consumer's viewpoint?
14 May Shift 1
Medium
Which of the following aspects of staffing process is/are NOT properly stated? (A) Managers need to design activities to serve employees' short-term interests only. (B) Compensation is decided in the form of direct financial payments, which may be time-based or performance-based. (C) Orientation implies the introduction of new employees to existing employees. (D) Placement is the process of choosing from among the pool of prospective job candidates developed at the stage of recruitment. Choose the correct answer from the options given below:
14 May Shift 1
Easy
Anita works at the middle level of a business organisation. She might be:
14 May Shift 1
Easy
_______involves setting objectives and developing appropriate courses of action to achieve these objectives.
14 May Shift 1
Easy
Individual freedom, social justice, equality of opportunity and national integration are examples of:
14 May Shift 1
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | <b>Function</b> | <b>Activity</b> | | (A) Planning | (I) Establishing standards of performance and measuring current performance. | | (B) Organizing | (II) Deciding a hierarchical structure. | | (C) Directing | (III) Selecting an alternative to achieve goals efficiently and effectively. | | (D) Controlling | (IV) Communicating effectively and supervising employees. | Choose the correct answer from the options given below:
14 May Shift 1
Easy
Arrange the following steps involved in controlling process in a proper sequence. (A) Measuring actual performance by personal observation or performance report (B) Analyze the deviation (C) Setting performance standards (D) Taking corrective action Choose the correct answer from the options given below:
14 May Shift 1
Easy
Entrepreneurship is dependent upon several economic, social, political, legal and other environmental factors. Careful monitoring of the environment for detecting early signs of opportunities and threats may influence current and future plans. This process is known as:
14 May Shift 1
Easy
An organization has no control over which factors?
14 May Shift 1
Medium
Match List-I with List-II | List-I | List-II | | --- | --- | | Selection Test | Observation | | (A) Trade Test | (I) Ability to make decisions. | | (B) Interest Test | (II) Potential to acquire skills. | | (C) Aptitude Test | (III) Pattern of involvement of a person | | (D) Intelligence Test | (IV) Actual skills possessed. | Choose the correct answer from the options given below:
14 May Shift 1
Medium
Working Capital management doesn't include:
14 May Shift 1
Medium
What is the consequence of increasing debt in a company's capital structure?
14 May Shift 1
Easy
_______ refers to the mix between owners funds and borrowed funds?
14 May Shift 1
Easy
Capital budgeting decisions are known as:
14 May Shift 1
Easy
Which of the following is an advantage of debt financing?
14 May Shift 1
Easy
What is a key challenge faced by HR department at XYZ Retail?
14 May Shift 1
Easy
What is the primary focus of staffing in an organization?
14 May Shift 1
Easy
What is the HR department's role in staffing?
14 May Shift 1
Easy
Which of the following is not part of the recruitment process in XYZ Retail?
14 May Shift 1
Easy
Recruitment is a:
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