Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
2. (A) - (III), (B) - (I), (C) - (II), (D) - (IV)
3. (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
4. (A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Keeping the objective in view and being in action is related to which function of management?

1. Management
2. Coordinating
3. Directing
4. Planning

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (III), (B) - (II), (C) - (I), (D) - (IV)
2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3. (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Which of the following is not related to Henry Fayol?

1. Scalar Chain
2. Order
3. Initiative
4. Standardisation

When a consumer fails to get his/her right protected, he/she can seek the help from a ___________.

1. Trade Union
2. Consumer Organization
3. Labour Association
4. Bar Association

Higher Debt-Equity Ratio results in ________________.

1. Lower Financial Risk
2. Higher degree of operating risk
3. Higher degree of financial risk
4. Higher earning per share

How many Consumer Rights are provided to consumers under the Consumer Protection Act 2019?

1. 6
2. 7
3. 5
4. 4

Arrange the following steps of Staffing Process in a logical sequence.

(A) Selection

(B) Recruitment

(C) Placement and Orientation

(D) Estimating the manpower requirements

Choose the correct answer from the options given below:

1. (D), (B), (A), (C)
2. (A), (C), (B), (D)
3. (D), (A), (B), (C)
4. (C), (B), (D), (A)

__________ seeks to bridge the gap between where we are and where we want to go.

1. Coordinating
2. Planning
3. Cooperating
4. Directing

A manager manages to obtain the required capital at 10% interest rate while the prevailing rate in the market is 11%.

How would you describe such a manager?

1. Effective
2. Professional
3. Visionary
4. Efficient

Which of the following is not the principle of directing?

1. Harmony of objectives
2. Unity of command
3. Follow through
4. Span of control

The CFO of a company decides to maintain the capital structure as 1/2. The finance raised from owners and shareholders is Rs. 300 crore. How much debt financing does he need?

1. 600 crore
2. 500 crore
3. 250 crore
4. 150 crore

Which of the following are the features of business environment?

(A) Totality of external forces

(B) Inter- relatedness

(C) Public

(D) Relativity

Choose the correct answer from the options given below:

1. (B), (C) and (D) only
2. (A), (B) and (C) only
3. (A), (B) and (D) only
4. (A), (C) and (D) only

At which level of management, the managers are responsible for the welfare and survival of the organisation?

1. Top Level
2. Executive level
3. Zonal level
4. Middle Level

Arrange the following stages of the enterprise process in a logical manner.

(A) Evaluating the ideas received from different sources to find a creative solution

(B) Opportunity spotting by analysing the needs and problems that exist in the environment

(C) Identifying a product or service through innovation

(D) Setting up a project and nurturing it to success

Choose the correct answer from the options given below:

1. (A), (B), (C), (D)
2. (B), (A), (C), (D)
3. (B), (A), (D), (C)
4. (C), (B), (D), (A)

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (IV), (B) - (II), (C) - (III), (D) - (I)
2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3. (A) - (II), (B) - (I), (C) - (IV), (D) - (III)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Arrange the following steps involved in the process of controlling in logical order.

(A) Measure the performance by personal observation

(B) Compare the performance with performance standards

(C) Use critical point control for checking the deviation in KRAs

(D) Train the employees if the production target is not met

Choose the correct answer from the options given below:

1. (A), (B), (C), (D)
2. (A), (C), (B), (D)
3. (B), (A), (D), (C)
4. (C), (B), (D), (A)

What does Caveat Venditor imply?

1. Let the buyer beware
2. Let the seller beware
3. Let the producer beware
4. Let the distributor beware

Identify the role of consumer organizations and NGOs.

1. Educating the general public about consumer rights.
2. Educating the seller
3. Unorganised consumers
4. Redressal of an individual consumer's grievances

Staffing treats human resources as __________.

1. Money
2. Asset
3. Liability
4. Partner

Which of the following are the components of personnel objectives of management?

(A) Competitive salaries and perks

(B) Survival of the organisation

(C) Personal growth and development

(D) Profit maximisation

Choose the correct answer from the options given below:

1. (A), (B) and (D) only
2. (A) and (C) only
3. (A) and (B) only
4. (A), (C) and (D) only

Buying of new machinery is a decision relating to:

1. Working Capital Decision
2. Financial Management
3. Capital Budgeting Decision
4. Financial Planning

Arrange the following steps involved in the Planning Process in proper order.

(A) Make certain assumptions about the future.

(B) Identify all alternative courses of action

(C) Decide what the organization is set to achieve

(D) Adopt the best alternative

Choose the correct answer from the options given below:

1. (A), (B), (C), (D)
2. (A), (C), (B), (D)
3. (C), (A), (B), (D)
4. (C), (B), (D), (A)

Publicity is similar to advertising in the sense that it is:

1. a non-personal form of communication
2. a personal form of communication
3. One-to-one communication
4. One-to-many communication

The process of classification of products into different groups on the basis of their important characteristics refers to which of the following marketing functions?

1. Grading
2. Standardisation
3. Product Designing
4. Product Classification

Goods and services or 'anything of value' which is offered to the market for sale is known as-

1. Convenience product
2. Shopping product
3. Product
4. Speciality product

Identify the convenience product from the following:

1. Medicines
2. Clothes
3. Shoes
4. Jewellery

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (II), (B) - (III), (C) - (I), (D) - (IV)
2. (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
3. (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
4. (A) - (III), (B) - (I), (C) - (IV), (D) - (II)

A petrol pump needs to be managed as much as a school or a hospital. Which feature of management is highlighted here?

1. Goal Oriented process
2. All pervasive
3. Continuous process
4. Dynamic function

Which of the following are the elements of communication?

(A) Media

(B) Message

(C) Interpreter

(D) Receiver

Choose the correct answer from the options given below:

1. (A), (B) and (C) only
2. (B) and (C) only
3. (A), (B) and (D) only
4. (B), (C) and (D) only

After finding deviations from the standards, the manager initiates for corrective action. But if the deviation can not be corrected, the manager may opt for ______________.

1. Revision of standards
2. Promotion of the staff
3. Laying off old staff
4. Delaying performance appraisal

A brand or part of a brand which is given legal protection is known as:

1. Brand
2. Trade Mark
3. Brand Name
4. Brand Mark

Which of the following is not an importance of controlling?

1. Ensuring order and discipline
2. Ensuring employee empowerment
3. Improving employee motivation
4. Making efficient use of resources

The main elements of Scientific Management are:

(A) Functional or specialised supervision

(B) Standardisation of work methods

(C) Manangement by exception principle

(D) Coordinate with employees to ensure implementation of professionalism

Choose the correct answer from the options given below:

1. (A), (B) and (D) only
2. (A), (B) and (C) only
3. (A), (B), (C) and (D)
4. (B), (C) and (D) only

Arrange the following stages of business idea generation in a logical sequence.

(A) Examine the idea for its real life use and application.

(B) Decide the level of operation

(C) Identify the technology required to produce the product

(D) Obtain a concept of the product suggested by one idea.

Choose the correct answer from the options given below:

1. (D), (A), (B), (C)
2. (A), (C), (B), (D)
3. (B), (A), (D), (C)
4. (A), (B), (D), (C)

Match List-I with List-II

Choose the correct answer from the options given below:

1. (A) - (II), (B) - (IV), (C) - (I), (D) - (III)
2. (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
3. (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Which of the following is not a financial incentive?

1. Status
2. Perquisites
3. Bonus
4. Stock option

The primary aim of financial management is:

1. Maximisation of Profit
2. Maximisation of personal wealth
3. Maximisation of social wealth
4. Maximisation of shareholder's wealth

Which of the following test is not used for the selection of employees?

1. Trade Test
2. Aptitude Test
3. Medical Test
4. Personality Test

Which of the following statements are not correct?

(A) Planning and controlling are essentially one and the same.

(B) Controlling is the part of planning process.

(C) Controlling can be a substitute for planning.

(D) Planning without controlling is meaningless.

Choose the correct answer from the options given below:

1. (A), (B) and (D) only
2. (B) and (D) only
3. (A), (B), (C) and (D)
4. (A), (B) and (C) only

Identify the feature of the business environment which the Coca-Cola company managed to get in their favour.

1. Complex
2. Specific and general forces
3. Futuristic
4. Mental exercise

Which dimension of business environment did Coca-Cola majorly tap into?

1. Technological
2. Political
3. Social
4. Economic

In the context of the above given case, identify one valid importance of the business environment.

1. Enables the firm to identify opportunities and getting first mover advantage.
2. Uncertainty
3. Delay in action
4. Pervasive function

Which of the following is not a product of Coca-Cola?

1. Diet Coke caffeine Free
2. Coca-Cola Cherry
3. Coca-Cola Avocado
4. Coca-Cola Vanilla

Coca-Cola uses the ingredients in the products upto permissible limits and avoids any kind of violation of the norms laid down by government authorities. Which dimension of the business environment is reflected in the above statement?

1. Legal
2. Economic
3. Social
4. Political

What benefit did delegation provide?

1. Faster decision-making
2. Increased bureaucracy
3. Higher employee turnover
4. Reduced employee involvement

What was a key focus of delegation at Stellar Electronics?

1. Reducing accountability
2. Eliminating hierarchy
3. Increasing employee workload
4. Assigning tasks based on expertise

Which principle of organizing is involved in identifying who reports to whom?

1. Chain of command
2. Coordination
3. Delegation
4. Centralization

What type of organizational structure did Stellar Electronics adopt?

1. Matrix
2. Functional
3. Divisional
4. Flat

Who received decision-making authority in the new structure?

1. All employees
2. External consultants
3. Departmental heads
4. The board of directors