Principles and Practices of Management Test 3

11. Why does a company raise its capital?

i] To meet its long term needs
ii] To meet its short term needs
iii] To meet its personal needs
iv] To meet its staff's satisfaction

a. Only i and ii
b. Only ii and iii
c. Only ii and iv
d. Only i, ii and iii

Answer: d. Only i, ii and iii

12. Performance is action oriented. These actions should be ______

a. Registered
b. Resisted
c. Accepted
d. Implemented

Answer: d. Implemented

13. Control can be ______ in both tangible and intangible form.

a. Evaluated
b. Developed
c. Demanded
d. Standardised

Answer: a. Evaluated

14. Match the Following

1] Use of technology as a tool in managementi] Longevity of management
2] Organisational design environment around people who workii] Work ethics
3] Increase in goods and services due to competitive environmentiii] Work environment
4] Management techniques used for long term solutionsiv] Management fads
v] Standardization of task
vi] Better quality products
a. 1-vi, 2-v, 3-i, 4-iii
b. 1-v, 2-ii, 3-vi, 4-iv
c. 1-v, 2-i, 3-iv, 4-iii
d. None of the above

Answer: b. 1-v, 2-ii, 3-vi, 4-iv

15. _________ in an organisation promotes unity in perspectives of human beings and reduces conflicts in organisation.

a. Effective positions
b. Pay packages
c. Effective culture
d. Job descriptions

Answer: c. Effective Culture