MGT503 solved Quizs

Question No: 31    ( Marks: 1 )    - Please choose one

 The managerial functions according to Fayol were :

       ► Organizing, staffing, commanding, coordinating and controlling

       ► Commanding, organizing, planning, coordinating and staffing

       ► Controlling, commanding, organizing, planning and leading

       ► Planning, organizing, commanding, coordinating and controlling(page no .19 on handout)

32…..According to Maslow's hierarchy of need, a healthy work environment is an example of which of the following need?

       ► Physiological

       ► Esteem

       ► Safety(page no .90 on handout)

       ► Social

Question No: 33    ( Marks: 1 )    - Please choose one

 Which of the following management perspective focuses on decision making, economic effectiveness, mathematical models and use of computers?

       ► Knowledge management

       ► Total quality management

       ► Marketing management

       ► Quantitative management(page no .23 on handout)

Question No: 34    ( Marks: 1 )    - Please choose one

 Mega environment is also called:

       ► Open environment

       ► Close environment

       ► Flexible environment

       ► General environment(page no .29 on handout)

   

Question No: 35    ( Marks: 1 )    - Please choose one

 Environment made up of specific outside elements within which an organization interfaces in the course of conducting its business is called:

       ► Internal environment

       ► External environment

       ► The task environment(page no .30 on handout)

       ► The mega environment

Question No: 36    ( Marks: 1 )    - Please choose one

 Mega environment, that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called

       ► The socio-cultural element(page no .30 on handout)

       ► The international element

       ► The economic element

       ► The legal-political element

   

Question No: 37    ( Marks: 1 )    - Please choose one

  The belief that a firm's obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as:

       ► Ethical responsibility

       ► Social responsibility(page no .32 on handout)

       ► Social obligation

       ► Social responsiveness

   

Question No: 38    ( Marks: 1 )    - Please choose one

 A choice made from two or more alternatives is called:

       ► Support

       ► System

       ► Network

       ► Decision(page no .39 on handout)

   

Question No: 39   ( Marks: 1 )    - Please choose one

 Most of the time lower level management of organizations have to deal with problems which are:

       ► Satisficing

       ► Well-structured(page no .43 on handout)

       ► Non-programmed

       ► Ill-structured 

Question No: 40    ( Marks: 1 )    - Please choose one

 When an organization encounters a serious problem which needs to be solved immediately, it is called:

       ► Crisis problem (page no .41 on handout)

       ► Non- Crisis problem

       ► Opportunity problem

       ► Financial Problem