recently Quiz #(1) 24 january MGT503 Principles of Management

[zain ali]

Question # 1 of 20 ( Start time: 07:02:40 PM )  Total Marks: 1 
Which of the following statement is defining "strategic planning"? 
Select correct option: 
 
 It addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time 
 It looks specifically at resources, finances, and market conditions to determine ways to accomplish the overall plans of the organization 
3 It involves managers in each unit of an organization who are responsible for achieving the unit's objectives within a specified period of time
 It includes planning that has measurable targets, schedules, and timetables
 
Question # 2 of 20 ( Start time: 07:04:10 PM )  Total Marks: 1 
The task environment of organizations consists of constituencies that have a direct impact on managers’ decisions and actions. The main constituencies are made up of customers, suppliers, competitors, and __________. 
Select correct option: 
 
 Legislators 
 Pressure groups 
3 Employees 
 Lawyers 
 
Question # 3 of 20 ( Start time: 07:05:27 PM )  Total Marks: 1 
Which of the following planning dominates managers’ planning efforts at lower levels of the organization? 
Select correct option: 
 
 Strategic
 Tactical
3 Operational
 Functional
 Question # 4 of 20 ( Start time: 07:06:46 PM )  Total Marks: 1 
An office supply firm that has three departments based upon retail, wholesale, and governmental customers is using which of the following types of departmentalization? 
Select correct option: 
 
 Functional
 Product
3 Customer 
 Geographic 
 
Question # 5 of 20 ( Start time: 07:07:25 PM )  Total Marks: 1 
Which of the following is NOT a process for motivating employees through management by objectives (MBO)? 
Select correct option: 
 
 Managers set objectives for the employees 
 Managers develop action plans 
3 Managers and employees periodically review the employee's performance
 Managers make performance appraisals of employees
 
Question # 6 of 20 ( Start time: 07:08:43 PM )  Total Marks: 1 
In describing the degree to which tasks in an organization are divided into separate jobs, managers use the term ___________. 
Select correct option: 
 
1 Work specialization 
 Departmentalization 
 Chain of command 
 Span of control 
 
Question # 7 of 20 ( Start time: 07:09:37 PM )  Total Marks: 1 
The belief that businesses should be responsible because such actions are right for their own sake is known as which argument for social responsibility? 
Select correct option: 
 
 Public expectation 
2 Ethical obligation 
 Public image 
 Discouragement of government regulation 
 
Question # 8 of 20 ( Start time: 07:10:13 PM )  Total Marks: 1 
A manager who strives to ensure the activities of the organization's employees are supported and blend well with those of individuals outside the firm could be said to hold which of the following interpersonal role within the company? 
Select correct option: 
 
1 Liaison 
 Disseminator 
 Figure head 
 Entrepreneur 
 
Question # 9 of 20 ( Start time: 07:11:30 PM )  Total Marks: 1 
Forecasting techniques fall into which of the following two categories? 
Select correct option: 
 
 Fixed asset and human capital
 Predictive and confirmatory
3 Quantitative and qualitative 
 Empirical and conceptual 
 
Question # 10 of 20 ( Start time: 07:12:47 PM )  Total Marks: 1 
The people who work directly on a job or task and have no responsibility for overseeing the work of others are called: 
Select correct option: 
 
 First-line managers
 Middle managers
3 Non managerial staff
 Supervisors
 
Question # 11 of 20 ( Start time: 07:13:29 PM )  Total Marks: 1 
In management, the development of mathematical models is called: 
Select correct option: 
 
 Management science
2 Scientific management
 Administrative management 
 Behavioral management 
 
Question # 12 of 20 ( Start time: 07:14:00 PM )  Total Marks: 1 
The degree to which jobs are standardized and guided by rules and procedures is called which of the following? 
Select correct option: 
 
 Work specialization
 Centralization
3 Decentralization 
 Formalization
 
Question # 13 of 20 ( Start time: 07:14:54 PM )  Total Marks: 1 
According to Douglas McGregor, __________ represents a pessimistic, negative view of workers, who are considered irresponsible, resistant to change and lacking ambition. 
Select correct option: 
 
 Theory Y 
2 Theory X 
 Type A 
 Type B 
 
Question # 14 of 20 ( Start time: 07:15:19 PM )  Total Marks: 1 
There are many healthcare products manufacturers. XYZ Company manufactures only personal hygiene products. It markets such products deodorant, body powder, body creams, and exfoliates. Because it only stocks body care and personal hygiene products, it is using _____ strategy. 
Select correct option: 
 
 Prospecting
 Emergent
3 Focus
 Cost leadership
 
Question # 15 of 20 ( Start time: 07:15:55 PM )  Total Marks: 1 
Which stage of strategic management process determines; “What the strategy is”? 
Select correct option: 
 
1 Formulation stage
 Implementation stage
 Execution stage
 Evaluation stage
 
Question # 16 of 20 ( Start time: 07:16:34 PM )  Total Marks: 1 
LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these mangers are playing? 
Select correct option: 
 
1 Liaison
 Leader
 Disseminator
 Spokesperson
 
Question # 17 of 20 ( Start time: 07:17:15 PM )  Total Marks: 1 
Which of the following BEST describes informal planning? 
Select correct option: 
 
1 Performed at the lowest organizational level
 General and lacks continuity
 Developed in informal meetings at a resort 
 Specific and is developed by the middle managers 
 
Question # 18 of 20 ( Start time: 07:18:31 PM )  Total Marks: 1 
At ABC company, jobs are specialized and grouped according to business functions and skills they require: production, marketing, R&D, human resources, and finance. This organization can be described as a __________ organization. 
Select correct option: 
 
1 Functional 
 Matrix 
 Product 
 Customer 
 
Question # 19 of 20 ( Start time: 07:19:50 PM )  Total Marks: 1 
To run organization efficiently an organization need engineering skills as well as managerial skills. This idea was given by: 
Select correct option: 
 
 Robert Owen
 Charles Babbage
 Henry Towne
4 W. Edwards Deming

Question # 20 of 20 ( Start time: 07:20:38 PM )  Total Marks: 1 
The determination of alternative courses of action to be taken if an intended plan is unexpectedly disrupted or rendered inappropriate is called: 
Select correct option:  
 
Contingency planning
 Long term planning
 Directional planning
 Specific planning 

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