MGT503 solved Quizs

60. -------------------is achieved when the cost of producing a given output is as low as possible.

􀂾 Efficiency. (page no 9 on handout)

􀂾 Effectiveness

􀂾 Break even

􀂾 Both A and B

61. Set of the attitudes, experiences, beliefs and values of an organization is called organization’s

􀂾 Strengths

􀂾 Environment

􀂾 Culture . (page no 30 on handout)

􀂾 Resources

62. Mr. X the HR manager of Star Mini Miners Club recruits labor with different skills for different jobs. This approach is characteristic of

􀂾 Equity

􀂾 Impersonality

􀂾 Division of labor . (page no 78 on handout)

􀂾 Discipline

63. In ABC Company, all the activities particularly those regarding decision-making, are concentrated within a particular location and/or group. The company observes

􀂾 Centralization . (page no 83 on handout)

􀂾 Decentralization

􀂾 Span of control

􀂾 Job Rotation

64. Which of the following is not allowed in a brainstorming session?

􀂾 Clear definition of the problem

􀂾 Criticism of poor ideas . (page no 39 on handout)

􀂾 Large number of alternatives

􀂾 Recording of all alternatives

65. Mr. A is the HR Manager of XYZ Company. He decided to terminate a group of employees because their positions were no longer necessary in the organization. What will you say Mr. A has decided for?

􀂾 Restructuring

􀂾 Turnover

􀂾 Downsizing . (page no 82 on handout)ref…downsizing is the process of significantly reducing the layer of employees……….)

􀂾 Job Rotation

66. A job has high -------------- if workers are given substantial freedom, independence, and discretion in scheduling the work and determining the procedures to be used in carrying it out.

􀂾 Autonomy . (page no 85 on handout)

􀂾 Feed back

􀂾 Skill Variety

􀂾 Enlargement

67 ------------ means that the two merging companies became history and a new firm is established

?? Acquisition

?? Merger (page no 70 on handout)

?? Joint Venture

?? Both A and B

68 ------------- means only one company became history which is the acquired company while the acquiring company remain.

?? Joint Venture

?? Merger

?? Acquisition (page no 70 on handout)

?? Both A and B

69. Maslow's hierarchy of needs proposes that an individual begins by satisfying ----------- needs.

?? Self-actualization

?? Esteem

?? Physiological (page no 90 on handout)

?? Safety

70. Which element of structure refers to the continuous line of authority that extends from the highest organizational levels to the lowest and clarifies who reports to whom?

?? Work specialization

?? Span of control

?? Centralization

?? Unity of command (page no 19 on handout)

71. Organizations that have developed the capacity to continuously adapt and change because their members take an active role in identifying and resolving work-related issues are called _____ organizations.

?? Learning (page no 24 on handout)

?? Visionary

?? Community

?? Interdependent

72. When an organization is in several different businesses, these single businesses that are independent and formulate their own strategies are often called _____.

?? Strategic business units (page no 68 on handout)

?? Monopolistic advantages

?? Quality controllers

?? Stars

73. Organizations using Porter's _____ strategy select a market segment in an industry and attempt to exploit it rather than serve the broad market.

?? Cost leadership

?? Differentiation

?? Stuck in the middle

?? Focus(page no 72 on handout)

74. ----------- involves increasing----------.

?? Job enrichment; job variety

?? Job enlargement; job depth

?? Job enlargement; job scope(page no 85 on handout)

?? Job enrichment; job feedback

75. ---------- are an organization's objectives, and --------- are the documented ways that organizations intend to meet those objectives.

?? Goals; plans (page no 57 on handout)

?? Stated goals; real goals

?? Standing plans; single-use plans

?? Specific plans; directional plans

76. Which of the following is NOT one of the characteristics of well-designed goals?

?? Goals should be written in terms of actions rather than outcomes. (page no 62 on handout)

?? Goals should be measurable and quantifiable.

?? Goals should be challenging but attainable.

?? Goals should be communicated to all organizational members who need to know about them.