Nature and Significance of management Quiz-3

Nature and Significance of management Quiz-3

Quiz

 

1. Lack of coordination results in:
   1.   delay in work.
   2.   duplication of work.
   3.   overlapping of activities.
   4.   All of these
2. ‘Arrangement of various resources for achieving target, under which function of management is this performed
   1.   Controlling
   2.   Directing
   3.   Organising
   4.   Planning
3. Assertion (A): Efficiency aims at performing task with least wastage of time and effort.
   Reason (R): Efficiency is about doing the job in cost effective manner, i.e., getting maximum output with minimum input.
   1.   Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
   2.   Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)
   3.   Assertion (A) is true but Reason (R) is false
   4.   Assertion (A) is false but Reason (R) is true
4. A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be 10%. How would you describe such a manager?
   1.   Efficient
   2.   Ineffective
   3.   Efficient and Effective
   4.   Inefficient
5. Which level of management ensures coordination in the activities so that work progresses as per the plans?
   1.   Top level
   2.   Middle level
   3.   Lower level
   4.   All of these
6. Which of the following features of a profession is fully satisfied by Management ?
   1.   Service motive
   2.   Well defined body of knowledge
   3.   Restricted entry
   4.   Ethical code of conduct
7. Management is a universal process because:
   1.   it is applicable to all types of organizations
   2.   it is applicable to all sizes of organizations
   3.   it is applicable to all levels of management
   4.   all of the above
8. Providing facilities of schools, creches and hospitals is the _____________ objective of management.
   1.   Organisational
   2.   Social
   3.   Personal
   4.   All of these
9. Management is important because it
   1.   helps organizations achieve their goals
   2.   provides employment opportunities
   3.   improves efficiency and effectiveness
   4.   all of the above
10. Coordination is required ______.
    1.   at top level management.
    2.   at middle level management.
    3.   at operational level management.
    4.   at all levels of management.
11. A petrol pump needs to be managed as much as a school or a hospital. Which feature of management is being highlighted here?
    1.   Goal-oriented process
    2.   All pervasive
    3.   Continuous process
    4.   Dynamic function
12. __________ is the process of designing and maintaining an environment in which an individual working together in groups efficiently accomplish desired goals.
    1.   Management
    2.   Partnership
    3.   Staffing
    4.   Planning
13. Management is an inexact science because:
    1.   there is no one right way to manage
    2.   there are many factors that can affect the outcome of management decisions
    3.   management is an art as well as a science
    4.   all of the above
14. ‘SORT — IT Ltd.’ is a leading software development company. The company is satisfying the diverse needs of its employees. Its employees are given competitive salaries and perks. They have been given chance for their personal growth and development. For harmony in the organization management has to reconcile personal goals with organizational objectives.
    Identify the objective of management being met by ‘SORT–IT Ltd.’
    1.   Social
    2.   Personnel
    3.   Organisational
    4.   Both Social and Personnel
15. Ram Murty, a Professor of Management conducted a class on ‘Management principles’ and explained to his students the significance of Management Principles. In the next class, the Professor asked his students to play roles of different managers. He gave them various situations and asked them to think like managers and provide solutions to the problems given in these situations. Each student applied the principles of management to the given situation in his own personalized manner, depending upon his creativity.
    The nature of management highlighted in the above case is :
    1.   Management as a Science
    2.   Management as an Art
    3.   Management both as an Art and as a Science
    4.   Management as a Profession
16. To oversee the efforts of the workforce is the function of:
    1.   Operational or supervisory management
    2.   Top level management
    3.   Middle level management
    4.   None of the above
17. Management is considered as an art because of:
    1.   existence of theoretical knowledge.
    2.   personalised application.
    3.   based on practice and creativity.
    4.   All of these
18. Which of the following not a feature of management?
    1.   Management is a goal-oriented process.
    2.   Management is all pervasive.
    3.   Management is single-dimensional.
    4.   Management is a dynamic function.
19. ‘It acts as the binding force between departments and ensures that all action are aimed at achieving the goals of the organization.’ The statement highlights the following characteristic of co-ordination :
    1.   Co-ordination is an all pervasive function.
    2.   Co-ordination is the responsibility of all managers.
    3.   Co-ordination is a continuous process.
    4.   Co-ordination ensures unity of action.
20. Manish is serving as a foreman in a factory. At which level of management is he working?
    1.   Top level
    2.   Middle level
    3.   Lower level
    4.   None of these