MG8591-POM-IAT 1 - Part B Quiz

Mc Donalds the fast food giant made major changes in its menu to be able to survive in the Indian market, which characteristic of management is highlighted in the above statement.

• Management is a dynamic function

• Management is all pervasive

• Management is a goal oriented process

• Management is a group activity

Now a days business provides basic amenities like schools and creches to employees, Identify the objective of the management.

• Social objective

• personal objective

• growth

• organizational objectives

Mr Aruns father is working as plant superintendent in vijaya pvt ltd which level of management is he working?

• Top level

• Middle Level

• Lower level

• All level of management

A senior manager suggested his subordinate that you cant learn management from books alone do you agree with the view of the senior manager also identify the nature of management you understand from the above statement.

• No, management is profession

• Yes, Management is profession

• No, management is science

• Yes, management is an art

_________ level managers authority and responsibility is limited according to plans drawn by top level management , fill the above blank with the suitable option.

• Top level

• Middle level

• Lower level

• All level of management

Like a thread in the garland__________ is a part of all management functions.

Fill the above blank with suitable options

• Co-operations

• Co-ordination

• Management

• Operational

Which of the following techniques of scientific management has the objective to determine the number of workers to be employed. Frame suitable incentive scheme and determine labor cost.

• Differential piece wage system

• Time study

• Functional foremanship

• Simplification of work

The Dow Jones industrial average swept past 12,000 for the first time. Investors are increasingly optimistic about corporate earnings and the economy.

This achievement MOST likely involved which type of business organization?

• proprietorship

• partnership

• corporation

• conglomerate

Easy to start, Owner is his/her own boss, Owner keeps all the profits - These are advantages of what type of business

• Franchise

• Corporation

• Partnership

• Sole Proprietorship

Law firms, medical practices, and auto body repair shops are examples of what type of ownership

• sole proprietorship

• partnership

• franchise

• corporation