Management Introduction
Questions 211 to 220
211.
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Managers
need certain skills to perform the functions associated with their jobs.
Which of the following skill implies the ability to solve problems in ways
that will benefit the enterprise?
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Which
of the following is defined as the possibility that individuals selected to
participate in a study may show higher productivity only because of the added
attention they receive from the researchers rather than any other factor
being tested in the study?
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The
external environment of an organization consists of the mega environment and
the task environment. Which of the following statement(s) is/are true regarding the task environment
of a firm?
I. It includes components such as
technological, economic, socio-cultural, and international influences.
II. It consists of specific external elements
such as customers and clients, competitors, suppliers, labor supply and
government agencies, with which an organization interacts while conducting
its business.
III. As it depends largely on the products and
services offered by the firm and its business location, it may vary from firm
to firm.
IV. While a firm may not be able to directly
influence its task environment, it can certainly influence its mega
environment.
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The
major approaches utilized by managers to induce employees to accomplish the
plannctions associated with implementation, should normally include all of
the following except
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Two
approaches can be used for setting objectives – the top-down approach and the
bottom-up approach. There is often a conflict among management theorists as
to which is the better method. Which of the following is not true with respect to the top-down and bottom-up approaches?
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In the
strategic management process, any organizational skills or resources that are
exceptional or unique to the organization are the organization’s
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Which of
the following involves a graphic representation of alternative courses of
action and the possible outcomes and risks associated with each action?
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A system
comprises a set of interactive sub-systems. Which sub-system consists of jobs
that require the interaction of personnel with the general environment?
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Matrix
organization is also referred to as a grid organization or product management
organization. Which of the following will not be a potential benefit in case of a matrix organization?
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Which of
the following is the process by which managers allocate a chunk of their work
to subordinates along with sufficient authority to accomplish the work?
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Answers
Answer
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Reason
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A
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Design
skill implies the ability to solve problems in ways that will benefit the
enterprise.
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B
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Hawthorne
effect is defined as the possibility that individuals selected to participate
in a study may show higher productivity only because of the added attention
they receive from the researchers rather than any other factor being tested
in the study.
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C
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The following statements are true regarding the task environment of a
firm:
II. It consists of specific external elements
such as customers and clients, competitors, suppliers, labor supply and
government agencies, with which an organization interacts while conducting
its business.
III. As it depends largely on the products and
services offered by the firm and its business location, it may vary from firm
to firm.
Statement (I) pertains to the mega environment of a firm and hence is
not true.
Statement (IV) is not true as a firm may not be able to directly influence
its mega environment, but it can certainly influence its task environment.
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B
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The major
approaches utilized by managers to induce employees to accomplish the planned
actions associated with implementation should normally include all of the
given options except coercion.
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E
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Both
approaches are equally important and can be used according to the situation
and can be modified depending on factors such as the size of the
organization, the organization culture and the urgency of the plan. Hence,
option (e) is not true.
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C
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In the strategic management process, any organizational skills or
resources that are exceptional or unique are the organization’s core
competencies.
Hence from above discussion, we can infer that option (c) is correct.
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A
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Decision
tree involves a graphic representation of alternative courses of action and
the possible outcomes and risks associated with each action.
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B
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Boundary
spanning sub-system consists of jobs that require the interaction of
personnel with the general environment.
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D
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A matrix organization is a type of departmentation that superimposes a
horizontal set of divisional reporting relationships onto a hierarchical
functional structure. But it might not result in reduced prospects for
interpersonal conflicts.
Hence, from above discussion, we can infer that option (d) is correct.
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A
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Delegation
is the process by which managers allocate a chunk of their work to
subordinates along with sufficient authority to accomplish the work.
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