Management Introduction
Questions 151 to 160
151.
|
According
to which of the following management approaches, does managerial practice
depend on circumstances?
|
||||||||||
Five different workers perform different tasks
contributing to completion of one specific job for instance preparing a Big
Mac at McDonald's. This division of labour refers to which of Fayol’s
principles of management?
|
|||||||||||
Managers’
making ethical decisions may belong to any of the three levels of moral
development. Which of the following stages describes the pre-conventional
level of moral development?
|
|||||||||||
The
only thing that is permanent in this world is change. A change is bound to
occur in the internal environment or external environment, no matter what
management does. Planning can’t eliminate change, but managers usually plan
in order to
|
|||||||||||
As
an organization grows in size and complexity, specialization of various tasks
becomes a necessity, in most of the cases. Which of the following refers to
the tendency of a system to move towards increased specialization of various
tasks?
|
|||||||||||
In
order to understand the opportunities and threats faced by an organization,
managers should analyze their organization’s environment. Various tools
available for the purpose, what are the three most effective tools that managers can use to analyze the
organization’s environment?
|
|||||||||||
Companies
identify their strengths, weaknesses, opportunities and threats in the
business environment through SWOT analysis. Which of the following
constitutes ‘potential resource weaknesses’ for an organization?
I. A weak balance sheet burdened with too much debt.
II. Loss of sales to substitute products.
III. Sub par e-commerce systems and capabilities
relative to rivals.
IV. Costly new regulatory requirements.
V. Not attracting customers as rapidly as
rivals due to ho-hum product attributes.
|
|||||||||||
Major
decisions in organizations are most often made by groups rather than a single
individual. Group decision-making is the norm in most large and complex
organizations. Which of the following would generally not be considered an advantage of group decision-making?
|
|||||||||||
Which
of the following statements is/are true
about the satisficing decision model?
I. Managers seek alternatives only until
they identify one that looks satisfactory.
II. Managers search for the perfect or ideal
decision.
III. It is appropriate when the cost of
searching for a better alternative exceeds the potential gain that is likely
by following the satisficing approach.
|
|||||||||||
An
organization can be described as an open system because it
I. Has interrelated and interdependent parts
(departments and divisions) that function as a whole.
II. Gets inputs from and distributes outputs
to the external environment.
III. Impacts, and is impacted by, the external
environment.
IV. Is
perfectly deterministic and predictable.
|
Answers
151.
|
Answer
: (b)
Reason
: According to contingency approach to
management, managerial practice depends on circumstances.
|
Answer
: (a)
Reason
: Work
specialization involves different people each doing a specific job.
|
|
Answer
: (a)
Reason
: Pre-conventional Level of Moral
Development is influenced exclusively by personal interest. It is concerned
with following rules only when it's of interest.
Hence
from above discussion, we can infer that option (a) is correct.
|
|
Answer
: (b)
Reason
: Planning can’t eliminate change, but
managers usually plan in order to anticipate changes and develop the
most-effective response to changes.
Hence
from above discussion, we can infer that option (b) is correct.
|
|
Answer
: (c)
Reason
: Differentiation is the tendency of a
system to move towards increased specialization of various tasks.
Hence,
from above discussion, we can infer that option (c) is correct.
|
|
Answer
: (b)
Reason
: Environmental scanning, forecasting,
and benchmarking are the three most effective tools that managers can use to
analyze their organization’s environment.
Hence
from above discussion, we can infer that option (b) is correct.
|
|
Answer
: (c)
Reason
: The following constitute ‘potential
resource weaknesses’ for an organization:
I. A weak balance sheet burdened with too
much debt.
III. Sub par e-commerce systems and
capabilities relative to rivals.
V. Not attracting customers as rapidly as
rivals due to ho-hum product attributes.
Statement
(II) and (IV) are potential threats to an organization.
|
|
Answer
: (d)
Reason
: Sometimes cohesive “in groups” let the
desire for unanimity override sound judgement when generating and evaluating
alternative courses of action.
Hence,
from above discussion, we can infer that option (d) would generally not be
considered an advantage of group decision-making.
Options
(a), (b), (c) and (e) are all advantages of group decision-making.
|
|
Answer
: (d)
Reason
: The following statements are true
about the satisficing decision model:
I. Managers seek alternatives only until
they identify one that looks satisfactory.
III. It is appropriate when the cost of
searching for a better alternative exceeds the potential gain that is likely
by following the satisficing approach.
Statement
(II) Managers search for the perfect or ideal decision is true with respect
to rational decision making.
|
|
Answer
: (d)
Reason
: An organization can be described as an
open system because it
I. Has interrelated and interdependent parts
(departments and divisions) that function as a whole.
II. Gets inputs from and distributes outputs
to the external environment.
III. Impacts, and is impacted by, the external
environment.
A
closed system is perfectly deterministic and predictable.
|
<< Prev 1... 2... 3... 4... 5... 6... 7... 8... 9... 10... 11... 12... 13... 14... 15... 16... 17... 18... 19... 20... 21... 22... 23... 24... 25... 26... 27... 28... 29... 30... 31... 32... 33... 34... 35... 36... Next >>
No comments :
Post a Comment