Principles and Practices of Management Test 2

6. A business has an obligation towards its customers for better results. These results are delivered in terms of _____

i] Quantity
ii] Quality
iii] Cost
iv] Presentation

a. i and ii
b. ii and iii
c. i, ii and iii
d. All the above


7. Maximum utilization of time is possible, if it is properly ________

a. Distributed
b. Spent
c. Observe
d. Planned


8. Match the Following

1] Investment in the machinery	i] Treat as an asset
2] This is calculated every year on machinery	ii] Depreciation
3] To operate machinery tools	iii] To keep it serviceable
4] Maintenance of equipments	iv] Semi-skilled workers
	v] Trained workers
	vi] Profit and loss

a. 1-i, 2-ii, 3-iv, 4-v
b. 1-vi, 2-ii, 3-iv, 4-v
c. 1-vi, 2-ii, 3-iv, 4-v
d. 1-i, 2-ii, 3-v, 4-iii


9. As per Fielder's contingency approach to management, leaders are born not only out of personal attributes but also because of _______

a. Situations
b. Boss
c. Lessons
d. Social needs


10. Practicing management means making _____

a. Administrative career
b. Managerial career
c. Organizational career
d. Career