Competitive Exams: Commerce MCQs (Practice_Test 81 of 99)

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  1. Setting the mission which encompasses objectives, policies and goals is known as
    1. Operational planning
    2. Strategic planning
    3. Tactical planning
    4. Contingency planning
  2. Which one of the following statements is correct?
    1. Planning and controlling are assentially one and the same
    2. Controlling is a part of the planning process
    3. Cotrolling is a substitute for planning
    4. A contral process is meaningless without pre-set goals
  3. When jobs are broadened in scope and complexity so that the person՚s overall area of job responsibility increases, it is a case of
    1. job rolation
    2. job enrichment
    3. job specification
    4. job enlargement
  4. Consider the following statements Planning involves
    1. forecasting
    2. choice among alternative courses of action.
    3. wishful thinking
    4. decision only by production manager.

    Of these statements

    1. 1,2, 3 and 4 are correct
    2. 1,3 and 4 are correct
    3. 1 and 2 are correct
    4. 2 and 3 are correct
  5. Techniques of managerial control are useful in
    1. Selection of plant location
    2. identifying appropriate technology
    3. profit planning
    4. conducting shareholder՚s meetings
  6. Motivational process and not the motivators as such is associated with the
    1. Need hierarchy theory
    2. Two-factor theory
    3. ERG theory
    4. Expectancy theory
  7. “Perceived equity in reward results in satisfaction.” Which one of the following motivation theories take this into account?
    1. Porter and Lawler Model
    2. Victor Vroom՚s Expectancy model
    3. FW Taylor՚s incentive scheme
    4. Herzberg՚s Two-factor theory
  8. One of the steps that may be required for achieving effective coordination is
    1. reporting on performance and taking remedial measures
    2. training in leadership and supervisory abilities of controllers of activity
    3. transmission of messages in a full line communication channel
    4. making an honest appraisal and initiating rewards/punishments
  9. An important aspect of control is that the
    1. manager motivates his subordinates to give better performance
    2. manager sets an effective management information system
    3. plans are checked before implementation against predetermined measures of performance
    4. performance is checked against predetermined standards
  10. Consider the following steps
    1. Analysis of variances
    2. Initiating corrective action
    3. Measurement of actual performance
    4. Establishment of standards

    The correct sequence of these steps in the process of control is

    1. 4,3, 2,1
    2. 3,4, 2,1
    3. 4,3, 1,2
    4. 3,4, 1,2
  11. Consider the following elements:
    1. Indicators
    2. Objectives
    3. Controls
    4. Key Result Areas
    5. Roles and Mission
    6. Action Plans

    Their correct sequence in Management by Objectives and Results is

    1. 5, 4, 2,1, 3,6
    2. 4, 5, 2,1, 3,6
    3. 5, 4, 1,2, 6,3
    4. 4, 5, 1,2, 6,3
  12. Delegation of authority takes place when a manager thinks that
    1. the job is too difficult and hazardous
    2. the job requires the high skill that he does not possess
    3. he cannot look after all the demanding tasks by himself
    4. he needs to punish his subordinate
  13. According to the principle of “span of control” there is
    1. a tendency to overload supervisors with too much of work
    2. a limit to the number of subordinates a supervisor can effectively supervise
    3. no limit to the number of subordinates a supervisor can supervise
    4. a limit to delegation of authority to the subordinate
  14. Establishment of management by objectives presupposes
    1. that limits of authority are not defined
    2. that the employees are provided with result expected
    3. unlimited freedom to operate in the assigned task
    4. unlimited freedom to set goals
  15. Each subordinate should have only one superior whose command he has to obey. This is known as
    1. Scalar principle
    2. Exception principle
    3. Unity of command principle
    4. Authority-responsibility principle