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________ flows downward from superior to subordinates.
“Dual subordination should be avoided.”Identify the principle of management which propagates the above statement.
The staffing process involves the following steps. Identify the correct sequence for them.
A. RecruitmentB. SelectionC. PlacementD. OrientationE. Training
Choose the correct answer from the options given below:
Management is multidimensional because it includes management of:
The quality certification mark used for agricultural product is ________.
Arrange the below steps in the process of organising in a logical order.
A. Identification of workB. DepartmentalisationC. Division of workD. Assignment of DutiesE. Establishing authority and reporting relationships
On the Job training Methods includes:
A. Apprenticeship programB. CoachingC. Case studyD. Vestibule trainingE. Job Rotation
A trade practice which manipulates the flow of supplies of goods and services in the market is known as ______ trade practice, when unjustified cost is imposed on the consumer.
________ enables an assessment of the number and types of human resources necessary for the performance of various jobs.
Rakesh challenged the order of the State Commission before the National Commission. Now he is not satisfied even by the order passed by the National Commission.Advise Rakesh to identify the option now available to him.
There is an inverse relationship between ________ and other short-term money market instruments like commercial paper and certificate of deposits.
The decision about the quantum of finance to be raised from various long-term sources is termed as:
Financial Decision
Financial Planning Decision
Capital Structure Decision
Financing Decision
Match List I with List II
Identify the combination of statements which are correct.
A. The term Investment Centre belongs to Return on InvestmentB. The term Investment Centre belongs to Responsibility AccountingC. The term Revenue Centre belongs to Ratio AnalysisD. The term Cost Centre does not belong to Ratio AnalysisE. The term Profit Centre belongs to Responsibility Accounting
Identify the organisational structure that leads to product specialisation.
Choose the pair of factors which does not affect requirement of Fixed Capital.
Growth prospects and diversification
Scale of operations and seasonal factors
Nature of business and choice of technique
Technological upgradation and diversification
Identify which principle of scientific management emphasis on the concept" Complete harmony between Management and Workers"1. Science, not rule of thumb.2. Harmony not discord.3. Cooperation not Individualism4. Development of each and every person to his or her greater efficiency and prosperity
Consumption habits is a major element of……………………environment.1. Social2. Political3. Legal4. Economic
Name the principle requiring good superiors at all levels, clear and fair agreements and judicious application of penalties.
Discipline
Unity of Command
Unity of Direction
Esprit de Corps
Identify the correct sequence of first five steps of controlling process.
A. Comparing actual performance with standardsB. Setting performance standardsC. Measurement of actual performanceD. Analysing deviationsE. Taking corrective action
B, C, D, A, E
B, C, A, D, E
C, B, A, D, E
C, B, D, A, E
Name the type of plan representing the future decisions, defining the organisation’s direction and scope in long run.
Strategy
Policy
Procedure
Objective
List I
List II Description
A. Preliminary screening
I To know the pattern of interest of a job seeker
B. Aptitude test
II To measure the existing skill of job seekers
C. Interest test
III Helps to eliminate unqualified and unfit job seekers
D. Trade test
IV To measure the individual potential for learning new skills
A-III, B-IV, C-I, D-II
A-II, B-III, C-IV, D-I
A-I, B-III, C-IV, D-II
A-III, B-II, C-I, D-IV
Identify which of the following is on-the-job method of training.
Coaching
Films
Case study
Programmed instructions
Identify the study of movements like lifting, sitting and changing positions.
Work study
Motion study
Method study
Time study
Identify the correct sequence of first five steps of planning process.
A. Evaluating alternative coursesB. Developing premisesC. Setting objectivesD. Selecting an alternativeE. Identifying alternative courses of action
C, B, E, A, D
B, C, E, A, D
B, C, A, E, D
C, B, A, E, D
Violation of which of the following principle does not lead to high recruitment, selection and training cost.
Remuneration
Order
Equity
Science, Not rule of thumb
Identify which of the following statements are correct.
A. The stock exchange provides sufficient scope within the provisions of law for speculative activity in a controlled manner.B. Primary market has no fixed geographical location.C. Investment in the capital market necessarily require a huge financial outlay.D. Call rate is a highly volatile rate, which is inversely related with other short term money market instruments.E. Treasury bills are also known as Zero coupon Bonds issued by RBI on behalf of the Central Government.
A, B, C and D only
A, B, D and E only
A, C, D and E only
A, B, C and E only
List I Description
A. Systematic appraisal of the overall performance of the management
I PERT / CPM
B. Techniques useful for planning, scheduling and implementing time-bound projects
II Break-even analysis
C. Computer-based information system that provides information and support for effective managerial decision making
III Management Audit
D. Sales volume at which there is no profit and no loss
IV Management Information System
A-IV, B-I, C-III, D-II
A-I, B-IV, C-III, D-II
A-III, B-I, C-IV, D-II
Identify entrepreneurial competency which refers to conveying emphatically one’s vision.
Self confidence
Assertiveness
Persistence
Persuasion
Consumer protection is important due to widespread______ of consumers about their rights and reliefs.1. Unorganised2. Ignorance3. Enlightened4. Protected
Identify the step in the process of organising that require grouping of activities which are similar in nature together.
Identification and Division of work
Departmentalisation
Assignment of duties
Establishing Authority and Reporting relationships
Identify the feature of an Art.
Universal validity
Ethical code of conduct
Personalised Application
Systematised body of knowledge
The advantages of functional structure are.
A. Leads to occupational specialisationB. Promotes control and coordinationC. Increases managerial and operational efficiencyD. Makes training of employees easierE. Facilitates expansion and growth as new divisions can be added without interrupting the existing operations
A and B only
A, C and E only
B, C and D only
A. During bullish phase equity shares are more easily sold
I Cost of debt
B. Number of times earnings before interest and taxes covers the interest obligation
II Under SEBI guidelines
C .Regulatory framework
III Stock market condition
D. Expected rate of return by d
IV. Interest Coverage Ratio,
A-III, B-IV, C-II, D-I
A-III, B-II, C-IV, D-I
A-II, B-I, C-III, D-IV
A-I, B-II, C-IV, D-III
The routine steps on how to carry out activities are termed as.
Programme
Procedures
Which of the following functions is performed by the Securities and Exchange Board of India (SEBI) when it prohibits "Insider Trading" and "Price Rigging" to protect the interests of investors?
1.Regulatory Function
2.Developmental Function
3.Protective Function
4.Administrative Function
“The business environment keeps on changing in terms of technological improvement and shift in consumer preference.” Identify the feature of Business Environment highlighted in the given statement.
Dynamic nature
Uncertainty
Complex
Inter-relatedness
Name the technique of managerial control which may have ‘Cost Centre’ and ‘Revenue Centre’.
Responsibility Accounting
Ratio Analysis
Budgetary Control
Return on Investment
A. Political Environment
I. Stability and peace in a country
B. Social Environment
II. Traditions
C .Legal Environment
III. Judgements
D. Economic Environment
IV. Inflation rates
A-I, B-II, C-III, D-IV
A-IV, B-II, C-III, D-I
A-IV, B-III, C-I, D-II
Through the efforts of which level of management quality of output is maintained, wastage of material is minimised and safety standards are maintained.
Top
Middle
Supervisory
Advisory
ABC Ltd. is a large manufacturing company producing electrical appliances. The management of the company believes that employees are the most important asset of the organization. To motivate workers, the company provides monetary incentives, job security, and healthy working conditions. The management encourages employees to share their ideas and suggestions for improving productivity. However, strict supervision is maintained to ensure discipline and efficiency at the workplace.
Which principle of management is highlighted by providing monetary incentives and job security?1. Unity of Command2. Order3. Centralization4. Remuneration of Employees
Encouraging employees to share ideas reflects which principle?1. Authority and Responsibility2. Discipline3. Initiative4. Scalar Chain
Maintaining strict supervision in the company ensures:1. Equity2. Discipline3. Stability of Personnel4. Espirit de Corps
Treating employees as the most important asset reflects which principle?1. Equity2. Order3. Division of Work4. Centralization
Which value is promoted by providing healthy working conditions?1. Profit Maximization2. Employee Welfare3. Authority4. Control
FreshBite Pvt. Ltd. manufactures organic food products. The company uses attractive packaging, eco-friendly materials, and affordable pricing to appeal to health-conscious consumers. To increase sales, the company advertises its products through social media and offers discounts during festive seasons. Products are made easily available through online platforms and retail stores.
Which element of the marketing mix is reflected through eco-friendly packaging?1 Price2. Product3. Place4. Promotion
Advertising through social media is related to:1. Product2. Place3. Promotion4. Price
Offering discounts during festivals represents:1. Product differentiation2. Pricing strategy3. Physical distribution4. Branding
Making products available through online platforms and retail stores relates to:1. Promotion2. Price3. Product4. Place
The main objective of FreshBite Pvt. Ltd. is to:1. Increase cost2. Maximize consumer satisfaction3. Reduce competition4. Control employees