Objective Questions and Answers for Management Studie Free graduate level MCQ Quiz 1.

The motion of men implicit in the classical theory lends to generate a kind of employee psyche, which may be described as: (a) Self-development oriented (b) Aggressive (c) Submissive (d) Deficiency-oriented Ans. (c) 2. Who described the phenomenon that each employee engaged in a staff function creates work for his colleagues: (a) W. Wilson (b) Parkinson (c) D. Waldo (d) Creep Ans. (b) 3. Theory is the formulation of universal principles of organization: (a) Classical Tory (b) Human Relation Theory (c) Bureaucratic Theory (d) Scientific Management Ans. (a) 4. Grapevine is a term used in relation to: (a) Formal communication (b) Informal communication

(c) Both (a) and (b) (d) This term is not used in relation to communication Ans. (b) 5. The authoritarian leadership style goes with: (a) Theory X (b) Theory Y (c) Theory Z (d) None of these Ans. (a) 6. Which of the following will tend to raise the market rate of interest in the long run? (a) A fall in the marginal productivity of capital (b) An increase in the amount of savings by individuals (c) A rise in consumers demand and for present over future consumption (d) None of the above Ans. (c) 7. National income ordinary expressed means: (a) Net national product at market price (b) Groups national product as market price (c) GNP at factor cost (d) NNP at factor cost Ans. (c) 8. If the short-run marginal cost of a typical firm in a competitive industry should fall continuously over a substantial range of increasing output the likely consequences is that: (a) New firms must enter that industry

(b) The profit earned by that typical firm can be expected to fall (c) The marginal cost of that firm will exceed its average cost through the output range in question (d) None of the above Ans. (c) 9. What happens to a company, If a shareholder dies? (a) The company is dissolved (b) The company is not dissolved (c) The operations of the company will be temporarily suspended (d) The company dissolved subject to the orders of the court Ans. (b) 10. Delegation of authority makes the size of the organization: (a) Smaller (b) Larger (c) Very Big (d) Dose not affect size Ans. (b) 11. Communication can be: (a) Upward (b) Downward (c) Sideward (d) All of the above Ans. (b) 12. Taylors differential piece work plan provides that:

(a) All labourers should be assigned different amount of work (b) All labourers should be put in different time-period (c) Those who produce above standard should receive higher wages than those producing below standard (d) Payment should be the same on a fixed standard Ans. (a) 13. Marketing research data is gathered by: (a) Observation (b) In-depth interviews (c) Controlled experiment (d) All of the above Ans. (c) 14. Taylor whose thoughts go under the name of scientific management made two assumptions: 1. The application of the methods of science to organizational problems leads to higher industrial efficiency. 2. The incentive of high wage will promote the mutuality of interest between workers and managers which, in its turn, will lead to higher, productivity. 3. The staff members are personally free, observing only the impersonal duties of their offices. 4. There is a clear hierarchy of offices. Select the correct answer from the codes given below: (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) 1, 2, 3 and 4 Ans. (a)

15. The three methods of science are: (i) Observation and measurement (ii) Experiment (iii) Analysis and tabulation (iv) Representation Select the correct answer from the codes given below: (a) (i) and (ii) (b) (ii) and (iii) (c) (iii) and (iv) (d) (i) and (iv) Ans. (a) 16. The Delphi techniques uses: (a) Mathematical models as input to the decision making process. (b) A panel of experts making a series of independent decisions. (c) A top down approach. (d) None of the above. Ans. (b) 17. Econometric models include techniques from: (a) Economics (b) Statistics (c) Mathematics (d) All of the above Ans. (d)

18. Dorwin Cartwright and Alvin Zander identified the following two variables; (1) Employee-oriented (ii) Production-oriented (iii) Goal-oriented (iv) Group-oriented The Correct Code is: (a) (i) and (ii) (b) (ii) and (iii) (c) (iii) and (iv) (d) (1) and (iv) Ans. (c) 19. The democratic leadership style goes with: (a) Theory X (b) Theory Y (c) Theory Z (d) None of these Ans. (b) 20. Taylorism: (i) Viewed man as an adjunct of man (ii) Completely neglected the psychological aspects (iii) Emphasized only a limited number of the physiological variables (iv) Under-estimated the meaning of human motivation Select the correct answer:

(a) (i), (ii) and (iii) (b) (iii), (ii) and (iv) (c) (i), (ii), (iii) and (iv) (d) (1) and (iv) Ans. (c) 21. Focus on Social Environment is related to the: (a) Human Relations (b) Unity of Direction (c) Unity of Command (d) None of the above Ans. (a) 22. Assertion (A): Delegation of authority does not reduce the work load of a superior executive. Reason (R): Authority can be delegated but responsibility cannot be delegated. Codes: (a) Both the statements are correct and second is a correct explanation of the first. (b) Both the statements are correct but second is not a correct explanation of the first. (c) First statement is correct but second is not. (d) First statement is wrong but second is correct. Ans. (d) 23. Assertion (A): The top management in an organization should be mainly concerned with very important and complex problems and not with routine day to day problems. Reason (R): This is started by the scalar principle of organization. Codes: (a) Both the statements are correct and second is a correct explanation of the first.

(b) Both the statements are correct but second is not a correct explanation of the first. (c) First statement is correct but second is not. (d) First statement is incorrect but second is correct. Ans. (c) 24. Assertion (A): The span of management at upper levels of management is generally narrow while at lower level span is wide. Reason (R): Tasks allocated to subordinates at lower levels of management are more specific and precise and thus making supervision easy and simple. Codes: (a) Both the statements are correct and second is a correct explanation of the first. (b) Both the statements are correct but second is not a correct explanation of the first. (c) First statements is correct but second is not. (d) First statement is incorrect but second is correct. Ans. (a) 25. Match the following: List-I A. To check the quality of work B. To see that work is completed in time C. To check absenteeism of workers D. To issue instructions regarding method of Work Codes: ABCD (a) 3 2 1 4 (b) 2 1 4 3 List-II 1. Speed boss 2. Inspector 3. Instruction and clerk. 4. Shop discipline

(c) 2 1 3 4 (d) 4 3 1 2 Ans. (b) 26. Effective supervision is an activity of: (a) Organization function (b) Staffing function (c) Direction function (d) Control function Ans. (c) 27. it is the value assigned to the expected benefits for desirable national gains: (a) Cost price (b) Shadow price (c) Real price (d) Opportunity cost Ans. (b) 28. Effective leadership behaviour is a result of following variable: (a) Structure (b) Consideration (c) Environment (d) All of these Ans. (d) 29. Structure variable is synonymous with: (a) Task

(b) Relations (b) Style (d) Attitude Ans. (a) 30. Consideration is synonymous with: (a) Task (b) Relations (c) Style (d) Attitude Ans. (b) 31. Match the following: List-I List-II A. Fayol B. Taylor C. Weber D. Mooney and Reilley Select the correct code: ABCD (a) 3 4 1 2 (b) 2 4 1 3 (c) 1 3 2 4 (d) 4 3 2 1 Ans. (b) 1. Economy and Society 2. General and Industrial Administration 3. Principles of Organization 4. Shop Management

32. The main focus of the Human Relations Theory is on: (a) Formal organization (b) Informal organization (c) Individual (d) Participatory decision making Ans. (c) 33. Cross elasticity of complementary goods is: (a) Negative (b) Zero (c) High (d) Infinite Ans. (a) 34. Managerial Grid suggests the following as the best leader-behaviour: (a) Low structure and low consideration (b) High concern both for production and people (c) Low concern both for production and people (d) High structure and high consideration Ans. (b) 35. Henri Fayol supports the: (a) Humanistic approach (b) Mechanistic approach (c) Organic approach (d) Scientific approach

Ans. (b) 36. A statistical measure based upon the entire population is called parameter while measure based upon a sample is known as: (a) Sample parameter (b) Inference (c) Statistic (d) None of these Ans. (c) 37. Who is regarded as the Father of Scientific Social Surveys? (a) Darwin (b) Best (c) Marx (d) Angels Ans. (b) 38. The process not needed in experimental research is: (a) Observation (b) Controlling (c) Manipulation and replication (d) Reference collection Ans. (d) 39. Generalized conclusion on the basis of a sample is technically known as (a) Statistical inference of external validity of the research (b) Data analysis and interpretation (c) Parameter inference

(d) All of the above Ans. (a) 40. A researcher divides his population into certain groups and fixed the size of the sample from each group. It is called: (a) Stratified sample (b) Quota sample (c) Cluster sample (d) All of the above Ans. (b) 41. All causes non-sampling errors except: (a) Faculty tool of measurement (b) Inadequate sample (c) Non-response (d) Defect in data collection Ans. (b) 42. Managerial decision-making refers to: (a) Programmed decisions (b) Unprogrammed decisions (c) Information system (d) Operation research Ans. (b) 43. Fixed asset file management procedures are not. required for: (a) Carrying out fixed asset physical inventory taking (b) Processing fixed asset purchase

(c) Estimating e.g. fire insurance requirements (d) All of the above Ans. (c) 44. If the reference for arbitration is for even number of arbitrators, they have; (a) Power to increase, the number (b) Power to appoint an umpire (c) Power to decrease the number (d) None of the above Ans. (b) 45. Public sector consists of those enterprises in which the state owns: (a) 50% of the capital (b) 66% of the capital (c) 5% of the capital (d) 100% of the capital Ans. (d) 46. F. W. Taylor called the Military type of foreman to: (a) Span of control (b) Unity of command (c) Department (d) Delegated legislature Ans. (b) 47. Scientific management addresses itself to the problems of: (a) Middle tier of management

(b) Top management (c) Lower tier of organization (d) None of the above Ans. (c) 48. The managers did not like the scientific management theory because: (a) They felt that the workers were given undue importance in the theory (b) It reduced managerial remuneration (c) They felt that it had the effect of giving away more wages to the workers (d) They felt that the rigid scientific methods look away their managerial freedom in decisionmaking Ans. (d) 49. Who is known as father of scientific management? (a) Henry Fayol (b) Herbert Spencer (c) Hertzberg (d) F. W. Taylor Ans. (d) 50. The idea that all the units of an organization should be integrated under the authority of onehead had been interpreted as: (a) Span of control (b) Delegated legislation (c) Unity of command (d) Hierarchical system Ans. (c)