exam principle management

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Registration Number: 200645318 Name: Subject: Principles & Practices Of Management Assignment St atus As On: 21/02/2007 Result for this Assignment Assignment Date 21/02/2007 Number of Correct Questions 25 Number of Skipped Questions 4 Number of Wrong Questions 22 Total Questions attempted 51 Total Marks obtained 53 Out of 100. Result Pass

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Page 1: Exam Principle Management

Registration Number:

   200645318

Name:    Subject:    Principles & Practices Of ManagementAssignment Status As On:

   21/02/2007

 Result for this Assignment

 Assignment Date  21/02/2007

 Number of Correct Questions  25

 Number of Skipped Questions  4

 Number of Wrong Questions  22

 Total Questions attempted  51

 Total Marks obtained  53 Out of 100.

 Result  Pass

Page 2: Exam Principle Management

  LIST OF ATTEMPTED QUESTIONS AND ANSWERS     

 Select The Blank  Question   The board should set up ________ committee to determine

package for executive directors.  Correct Answer  

Remuneration

  Your Answer   Financial

  Multiple Choice Single Answer  Question   The issues of insider trading can be dealt with by keeping a

principle of :-  Correct Answer  

Disclosed or desist

  Your Answer   Vision and mission

  Multiple Choice Single Answer  Question   What require a high level of optimism and persistence despite

rejection?  Correct Answer  

Self-Motivation

  Your Answer   Self-Motivation

  Select The Blank  Question   ________ means draw prior conclusions about the probable of

production, sales, profits in the future, on the basis of research.  Correct Answer  

Forecasting

  Your Answer   Forecasting

  True/False  Question   Abraham Maslow, an eminent US Psychologist, offered a

general theory of motivation called the 'Need Hierarchy Theory'.  Correct Answer  

True

  Your Answer   True

  True/False  Question   Business families have started spending more on research and

development.  Correct Answer  

True

  Your Answer   True

  Multiple Choice Single Answer  Question   How many channels are there through which corporate

 

Page 3: Exam Principle Management

governance may bear on performance?  Correct Answer  

Five

  Your Answer   Five

  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 Multiple Answer  Question   The meaning and purpose of control is :-

  Correct Answer  

Knowing exactly what work is to be done , Knowing that the work has been done or being done , Knowing immediately of any delays, hold ups

  Your Answer   Knowing that the work has been done or being done

  True/False  Question   Decision-Making is a process of making a choice of poor

alternatives.  Correct Answer  

False

  Your Answer   False

  Multiple Choice Single Answer  Question   State Bank of India has collaborated with which foreign

insurance company?  Correct Answer  

Cardiff

  Your Answer   Cardiff

  True/False  Question   International teamwork is an integral part of many international

consultancies.  Correct Answer  

True

  Your Answer   True

  True/False  Question   Peter Drucker's various publications have sold about 5 -6 million

copies worldwide.  Correct Answer  

True

Page 4: Exam Principle Management

  Your Answer   True

  Multiple Choice Multiple Answer  Question   Name the physical aspects of an enterprise :-

  Correct Answer  

Name , Location , Address

  Your Answer   Manpower

  Multiple Choice Multiple Answer  Question   Human thoughts are classified as :-

  Correct Answer  

Inactive , Active , Transactive

  Your Answer   Reactive

  Multiple Choice Multiple Answer  Question   Peter Drucker is an expert on :-

  Correct Answer  

Japanese art , History of technology , History of American statesman

  Your Answer   Japanese art , History of American statesman

  Select The Blank  Question   Closed mind, attitudes, ego, status, consciousness are

________ barriers.  Correct Answer  

Psychological

  Your Answer   Psychological

  Match The FollowingQuestion Correct Answer Your Answer

Henry Towne He was an engineer and realized the importance of good business skills

He was an engineer and realized the importance of good business skills

Robert Owen He was a cotton mill owner, pioneered ideas about better treatment of workers

He was a cotton mill owner, pioneered ideas about better treatment of workers

Max Weber His ideas have had great influence on how people view large organizations

His ideas have had great influence on how people view large organizations

Hugo Munsterberg He applied psychology to advertising, marketing and personnel

He was a German psychologist pioneered in the field of industrial psychology

  Multiple Choice Multiple Answer

Page 5: Exam Principle Management

  Question   The tools and techniques used in learning organizations are :-

  Correct Answer  

Creativity, brainstorming , Observing outcomes , Reframing knowledge

  Your Answer   Reframing knowledge

  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

  Multiple Choice Single Answer  Question   One of the internal environment factors that influences

management is  Correct Answer  

Place

  Your Answer   Location

  Select The Blank  Question   Giving value to the customer entails anticipating customer

________.  Correct Answer  

Expectations

  Your Answer   Prospects

  True/False  Question   Encore events is a leading Indian event management form.

  Correct Answer  

True

  Your Answer   True

  Multiple Choice Multiple Answer  Question   The family owned businesses like Tata and Birla, also face

major fears like :-  Correct Answer  

Right successor , Stumbling self-confidence , Lack of professional management

  Your Answer   Right successor , Lack of professional management

  True/False  Question   Learning organizations should imitate a task force.

  Correct Answer  

True

Page 6: Exam Principle Management

  Your Answer   True

  Multiple Choice Multiple Answer  Question   A vision statement should have the following components :-

  Correct Answer  

Ability to inspire people , Achievable , Precise and objective

  Your Answer   Ability to inspire people

  Multiple Choice Single Answer  Question   Planning is imperative in which type of environment?

  Correct Answer  

Uncertain

  Your Answer   Uncertain

  Match The FollowingQuestion Correct Answer Your Answer

Kautilya Conception of administration and management

Political, Social and Economic Management of state

Swami Vivekananda Political, Social and Economic Management of state

Divine power to face challenges

Samartha Ramdas Setting goals and accomplishing it.

Conception of administration and management

King Akbar Creator of social progress and prosperity

Setting goals and accomplishing it.

  Multiple Choice Single Answer  Question   Which of the following is a necessary by-product of good

managerial directing?  Correct Answer  

Co-ordination

  Your Answer   Monitoring

  Select The Blank  Question   ________ provide all types of help required to make the

business more efficient and profitable.  Correct Answer  

Consultants

  Your Answer   Consultants

  Multiple Choice Multiple Answer  Question   The factors which should be included on the part of managers

when dealing with subordinates are :-  Correct Devotion , Loyalty

Page 7: Exam Principle Management

Answer    Your Answer   Modification

  Select The Blank  Question   New companies feel that ________ is the most appropriate type

of alliance.  Correct Answer  

Joint-venture

  Your Answer   Joint-venture

  Multiple Choice Single Answer  Question   Name the technique which is said to be a ploy or a future course

of action :-  Correct Answer  

Strategy

  Your Answer   Strategy

  Multiple Choice Single Answer  Question   This is the most suitable form of communication but if misused,

it is the most stupid form, what is it?  Correct Answer  

Silence

  Your Answer   Body language

  True/False  Question   Management is the combination of Arts, Science and

profession.  Correct Answer  

True

  Your Answer   True

  Select The Blank  Question   The retailing sector in India has been quite ________.

  Correct Answer  

Staid and boring

  Your Answer   Rapid as a boon

  Multiple Choice Single Answer  Question   Under the climate of morale what is the result of broadening the

interest of the individual to include the whole group?  Correct Answer  

Team-work

  Your Answer   Recognition

  Multiple Choice Multiple Answer  Question   In the complex new liberalized economy business families face

Page 8: Exam Principle Management

common problems such as :-  Correct Answer  

Unproductive labour , Falling share value , Transnational attach

  Your Answer   Unproductive labour , Falling share value

  Select The Blank  Question   Limitations of business planning is that it has been considered

as time consuming and ________ device.  Correct Answer  

Expensive

  Your Answer   Expensive

  Select The Blank  Question   Management is management of people and not the ________of

things.  Correct Answer  

Direction

  Your Answer   Controlling

  Select The Blank  Question   ________ decisions relate to the day to day operations of the

enterprise generally taken by middle and lower level management.

  Correct Answer  

Operative

  Your Answer   Operative

  Multiple Choice Single Answer  Question   Who said, “Management is management of Men, Money,

Machinery Materials and Information?”   Correct Answer  

Anonymous

  Your Answer   Anonymous

  Select The Blank  Question   The noteworthy in Owen's contribution to management

philosophy is the ________ element in management.  Correct Answer  

Human

  Your Answer   Human

  Multiple Choice Multiple Answer  Question   Limitation of control are :-

  Correct Answer  

External factors , Fixing of responsibility , Variation and its causes

  Your Answer   External factors , Fixing of responsibility , Variation and its causes

Page 9: Exam Principle Management

  Multiple Choice Multiple Answer  Question   Fredrick Winslow Taylor's Mechanism of scientific management

includes :-  Correct Answer  

Scientific task setting , Planning task setting , Standardization of tools

  Your Answer   Scientific task setting

  True/False  Question   Economic consideration do not affect the choice of span.

  Correct Answer  

False

  Your Answer   False

  Multiple Choice Single Answer  Question   What is the essential process of adoption in organizations?

  Correct Answer  

Decision

  Your Answer   Planning

Page 10: Exam Principle Management

Score Card    

Registration Number:

   200635640

Name:    Subject:    Principles & Practices Of ManagementAssignment Status As On:

   21/02/2007

 Result for this Assignment

 Assignment Date  21/02/2007

 Number of Correct Questions  31

 Number of Skipped Questions  3

 Number of Wrong Questions  16

 Total Questions attempted  50

 Total Marks obtained  62 Out of 100.

 Result  Pass

    Click here to view the list of attempted question and answers.

Page 11: Exam Principle Management

  LIST OF ATTEMPTED QUESTIONS AND ANSWERS  

 

  Multiple Choice Multiple Answer  Question   Few of the management principles given by Henry Fayol are:-

  Correct Answer  

Authority and responsibility , Division of work , Discipline

  Your Answer   Authority and responsibility , Division of work , Discipline

 

 True/False  Question   Indian companies because of confused status have lacked self-

confidence.  Correct Answer  

True

  Your Answer   False

 

 Select The Blank  Question   The ________ appeared in the book, In search of Excellence.

  Correct Answer  

7 S model

  Your Answer   7 S model

 

 Multiple Choice Multiple Answer  Question   The main strategies adopted by business families for growth are

:-  Correct Answer  

Raising their capital , Appoint professional manager , Technology upgradation

  Your Answer   Raising their capital , Appoint professional manager , Technology upgradation  

 True/False  Question   Management exists only at the top levels of the organization.

  Correct Answer  

False

  Your Answer   False

 

 Multiple Choice Single Answer  Question   What constitutes the life-spark of an enterprise?

  Correct Answer  

Directing

  Your Answer   Motivating

 

 

Page 12: Exam Principle Management

 Multiple Choice Single Answer  Question   Who is the 'founder of Human Relation'?

  Correct Answer  

Elton Mayo

  Your Answer   Herbert A. Simon

 

 Select The Blank  Question   The statement "We sell for Less" is deliberately ambiguous, it

raises the question; 'Less than what', this is called as, ________ to communication.

  Correct Answer  

Semantic barrier

  Your Answer   Information barrier

 

 Multiple Choice Single Answer  Question   What is the fundamental tool employed by managers in directing

their subordinates?  Correct Answer  

Order

  Your Answer   Order

 

 Multiple Choice Multiple Answer  Question   The lack of communication leads to :-

  Correct Answer  

Information gap , Disintegration , Deviation from performance

  Your Answer   Information gap , Disintegration , Deviation from performance

 

 Multiple Choice Single Answer  Question   What is the reason that Indian Business houses were not able to

take courageous decisions?  Correct Answer  

Stagger or stumbling self-confidence

  Your Answer   Stagger or stumbling self-confidence

 

 Select The Blank  Question   ________ is one of the major barriers to entry.

  Correct Answer  

Government policy

  Your Answer   Government policy

 

 True/False  Question   Mc Clelland's theory is quite similar to Maslow's esteem needs.

  Correct True

Page 13: Exam Principle Management

Answer    Your Answer   True

 

 Match The FollowingQuestion Correct Answer Your Answer

Social or Affiliation Basic human need of food, clothing and shelter

It includes affection belongings, acceptance, friendship

Worker's Desires It includes affection belongings, acceptance, friendship

Safe, healthy working conditions economic security

Management Desires Safe, healthy working conditions economic security

Lowest cost per unit, Intelligent initiative

Esteem Lowest cost per unit, Intelligent initiative

Self-respect, status recognition from others

 

 Multiple Choice Single Answer  Question   Which is the most appropriate type of alliance which the new

companies often overestimate?  Correct Answer  

Joint-venture

  Your Answer   Joint-venture

 

 Multiple Choice Single Answer  Question   Allianz AG has collaborated with which Indian partner?

  Correct Answer  

BAJAJ

  Your Answer   BAJAJ

 

 Multiple Choice Multiple Answer  Question   The names of the experts who have given recent contribution to

management are:-  Correct Answer  

William Ouchi , W. Edward Deming , Peter F. Drucker

  Your Answer   W. Edward Deming , Peter F. Drucker , William Ouchi

 

 Select The Blank  Question   ________ are single use plans comprising relatively wide

related activities and requiring complex pattern of co-ordination.  Correct Answer  

Programmes

  Your Answer   Strategy

 

 Match The Following

Page 14: Exam Principle Management

Question Correct Answer Your Answer

Disclosures Transparent Function of board

Shareholder democracy Myth in India Corporate governance

Planning Board of directors Invest time and efforts

Trust Corporate governance Transparent

 

 Select The Blank  Question   As Koonfz comments, ________ is deciding in advance what to

do, how to do it and who is to do it.  Correct Answer  

Planning

  Your Answer   Planning

 

 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

 

 Select The Blank  Question   Closed mind, attitudes, ego, status, consciousness are

________ barriers.  Correct Answer  

Psychological

  Your Answer   Psychological

 

 Multiple Choice Single Answer  Question   Who mentioned that everyone has a divine power to face the

challenges?  Correct Answer  

Vivekananda

  Your Answer   Vivekananda

 

 Multiple Choice Multiple Answer  Question   Name the leading event management companies in India :-

  Correct Answer  

Midas , Pinnacle , Wizcraft

  Your Answer   Midas , Pinnacle , Wizcraft

 

Page 15: Exam Principle Management

 Multiple Choice Multiple Answer  Question   The family owned businesses like Tata and Birla, also face

major fears like  Correct Answer  

Right successor , Stumbling self confidence , Lack of professional management

  Your Answer   Right successor , Stumbling self confidence , Lack of professional management  

 Multiple Choice Multiple Answer  Question   David C M cCelland identified three motives. Those are :-

  Correct Answer  

Affiliation , Power , Achievement

  Your Answer   Affiliation , Power , Achievement

 

 Multiple Choice Multiple Answer  Question   Advantages of learning organizations should be :-

  Correct Answer  

Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust

  Your Answer   Free exchange and flow of information , Commitment to learning, personal development , Climate of openness and trust  

 Multiple Choice Multiple Answer  Question   EQ is born largely in the neurotransmitters if the brains limbic

system that governs the following :-  Correct Answer  

Drives , Impulses , Feelings

  Your Answer   Drives , Impulses , Feelings

 

 Select The Blank  Question   ________ organizations have systems, mechanisms and

processes in place.  Correct Answer  

Learning

  Your Answer   Modern

 

 Multiple Choice Multiple Answer  Question   Some of the public insurance companies are :-

  Correct Answer  

LIC , Oriental Insurance , General Insurance

  Your Answer   LIC , Oriental Insurance

 

 Multiple Choice Single Answer  Question   The fundamental objective of corporate governance is

essentially :-  Correct Answer  

Enhancement of long term shareholder value

Page 16: Exam Principle Management

  Your Answer   Enhancement of profit

 

 Multiple Choice Single Answer  Question   One of the causes of low morale would be :-

  Correct Answer  

No delegation of authority

  Your Answer   Lack of information

 

 Select The Blank  Question   Producer services are trade, ________ communication and

financial services.  Correct Answer  

Transport

  Your Answer   Transport

 

 True/False  Question   Every manager in an organisation gives direction to his

subordinates as a superior and receives direction as subordinate from his superior.

  Correct Answer  

True

  Your Answer   True

 

 Select The Blank  Question   ________ learning requires skills for sharing information and

knowledge, particularly implicit knowledge, assumptions and benefits that are traditionally beneath the surface.

  Correct Answer  

Collective

  Your Answer   Collective

 

 Multiple Choice Multiple Answer  Question   Under principle of effective communication what should be fully

understood by all concerned?  Correct Answer  

Tasks , Policies , Responsibilities

  Your Answer   Tasks , Responsibilities

 

 True/False  Question   Motivation of subordinates to meet the expectations of the

manager is a feature of direction.  Correct Answer  

False

  Your Answer   True

Page 17: Exam Principle Management

 

 True/False  Question   Henry Fayol's contribution is classified into ten industrial and

management principles.  Correct Answer  

False

  Your Answer   False

 

 Multiple Choice Multiple Answer  Question   The potential external threats faced by an organization are :-

  Correct Answer  

Entry of low cost foreign players , Adverse demographic changes , Slower market growth

  Your Answer   Entry of low cost foreign players , Adverse demographic changes , Slower market growth  

 True/False  Question   Abraham Maslow, an eminent US Psychologist, offered a

general theory of motivation called the 'Need Hierarchy Theory'.  Correct Answer  

True

  Your Answer   False

 

 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   Corporatization of the service sector is essentially :-

  Correct Answer  

Professionally managed services

  Your Answer   Professionally managed services

 

 Multiple Choice Single Answer  Question   Who is the father of Intelligence Quotient ?

  Correct Answer  

Alfred Bennet

  Your Answer   Alfred Bennet

 

 Select The Blank  Question   Limitations of business planning is that it has been considered

as time consuming and ________ device.

Page 18: Exam Principle Management

  Correct Answer  

Expensive

  Your Answer   Expensive

 

 True/False  Question   Federick W.Taylor is referred to as 'father of modern

management theory'.  Correct Answer  

False

  Your Answer   False

 

 True/False  Question   Taj Mahal are living symbols of 'creation and result of

management practices'.  Correct Answer  

True

  Your Answer   False

 

 Select The Blank  Question   International ________ is an integral part of many successful

consultancies.  Correct Answer  

Exposure

  Your Answer   Experience

Description

Attempted Question : 41 / 47

Match The Following

42.

 1. Selective Perception   

      1.  Frequently used by supervisors at the shop floor and by middle level managers

 2. Semantic Distortion   

      2.  People respond to information overload by disregarding certain information

 3. Secrecy          3.  There is a large amount of information which is withheld because it

Page 19: Exam Principle Management

will cause jealousy

 4. Oral Communication   

      4.  Listening demand full attention and discipline

                     5.  This type of communication is said to be deliberate or accidental

                     6.  In communication this means that they hear what they want to hear and ignore other information

. What is the most complex feature of whistle blowing?   

a)

b)

c)

d)

Verifying and documenting one's informationMaking sure the situation warrants whistle blowingExamining one's motivesMoral justification of the reason for whistle blowing

15. There are three central ideas associated with consequentialism.    

TrueFalse

18. The various activities undertaken by event management companies during events are :-

   a)

b)

c)

d)

Concept buildingCommunication strategyFeedback conceptConcept evaluation

Page 20: Exam Principle Management

34. Retailers cannot just take their global retailing formats and try to transpose them onto the Indian scenario.

   TrueFalse

50. To establish contact with the creator helps us to transfer our minds and reach at the goal.

   

45. The channels through which corporate governance may bear on performance are :-   

a)

b)

c)

d)

Managerial incentivesDisarrayDiscipliningCorporate restructuring

47.

 1. Theory X          1.  Both men and boss participate and jointly determine each individual's major areas of responsibility.

 2. Theory Y          2.  These two theories are related to the assumptions that managers hold about human nature.

 3. MBO technique          3.  People do not have ambitions and they try to shirk responsibility

 4. Leadership Technique   

      4.  Motivation can be either negative or positive.

                     5.  Autocratic, democratic styles of leadership have their own implications for employee motivation.

                     6.  The average human beings, under proper conditions, do not shirk responsibility.

Page 21: Exam Principle Management

51.

 1. Management is a multipurpose organ          1.  Over a period of time

 2. Management is understood by performance   

      2.  Management is what management does

 3. Management requires learning          3.  Has no centralized rule-making authority

 4. Science is developed          4.  Art requires knowledge

 5. Management as a discipline          5.  That manages a business