MIDTERM EXAMINATION
Fall 2009
MGT503- Principles of Management (Session - 4)
Question No: 1 ( M - 1 ) .
Sociology can be defined as:
► The study of people in relation to their fellow human beings
► The study of societies which help to learn about human and their activities
► It is the study of behavior of the individuals or groups within the political environment
► The science that seeks to measure and explains human behavior
Question No: 2 ( M - 1 ) .
The Great China Wall has been built in almost:
► 900 years
► 956 years
► 856 years
► 1000 years
Question No: 3 ( M - 1 ) .
Which of the following is most important in order to improve the quality?
► Proper Communication
► Departmentalization
► Division of Labor
► Centralization
Question No: 4 ( M - 1 ) .
To motivate the employees a manager should give them:
► Monetary Incentives
► Promotion
► Appreciation certificates
► All of the given options
Question No: 5 ( M - 1 ) .
Which of the following is most important characteristic of an entrepreneur?
► Planning
► Communication
► Rapid decision making
► Goal setting
Question No: 6 ( M - 1 ) .
A manager transmits the information outside the organization. He is performing which of the following role?
► Spokesperson
► Representative
► Disseminator
► Agent
Question No: 7 ( M - 1 ) .
All of the following are managerial roles identified in Mintzberg’s Model EXCEPT:
► Informational
► Interpersonal
► Functional
► Decisional
Question No: 8 ( M - 1 ) .
The people who work directly on a job or task and have no responsibility for overseeing the work of others are called:
► First-line managers
► Middle managers
► Non managerial staff
► Supervisors
Question No: 9 ( M - 1 ) .
The concern of which of the following was to improve the performance of the overall functions of the organization?
► Quantitative Management
► Administrative Management
► Scientific Management
► Bureaucratic Management
Question No: 10 ( M - 1 ) .
Henri Fayol was a successful industrialist of :
► France
► Germany
► America
► Canada
Question No: 11 ( M - 1 ) .
Which of the following behavior had dramatically influenced by Hawthorne studies?
► Human behavior
► Social behavior
► Moral behavior
► Ethical behavior
Question No: 12 ( M - 1 ) .
Chester Barnard saw organizations as a ______system that required human assistance.
► Moral
► Ethical
► Social
► Technical
Question No: 13 ( M - 1 ) .
A company commitment to develop a process that achieves high quality product and customer satisfaction is called:
► Knowledge management
► Total quality management
► Marketing management
► System management
Question No: 14 ( M - 1 ) .
A field of expertise that is responsible for the production and delivery of an organization’s products and services is called:
► Management information system
► Operations management
► Marketing management
► Principles of management
Question No: 15 ( M - 1 ) .
Two major characteristics of open system are :
► Negative entropy and synergy
► Positive entropy and synergy
► Entropy and synergy
► Anthropology and synergy
Question No: 16 ( M - 1 ) .
Environment reacts to the output of organization and provides:
► Feed forward
► Input
► Output
► Feedback
Question No: 17 ( M - 1 ) .
All of the following are major elements of the mega environment EXCEPT:
► Technological
► Economic
► Socio-cultural
► Competitors
Question No: 18 ( M - 1 ) .
In a capitalistic economy, economic activity is governed by:
► Political forces
► Market forces
► Economic forces
► Cultural forces
Question No: 19 ( M - 1 ) .
All of the following are elements of Task environment EXCEPT :
► Suppliers
► Culture
► Customers
► Competitors
Question No: 20 ( M - 1 ) .
All of the following are Dimensions of organizational culture EXCEPT:
► Innovation
► Aggressiveness
► Stability
► Customer orientation
Question No: 21 ( M - 1 ) .
Sony Corporation’s focus on product innovation is an example of which of the following dimensions of organizational culture?
► Attention to detail
► People orientation
► Outcome orientation
► Aggressiveness
Question No: 22 ( M - 1 ) .
The principle reason for formation of the regional trading alliance in Europe was to reduce the power of the United States and:
► Canada
► Mexico
► Russia
► Japan
Question No: 23 ( M - 1 ) .
Which of the following must be present in order to initiate the decision-making process?
► Plenty of time
► Pressure to act
► Time management
► Effective use of resources
Question No: 24 ( M - 1 ) .
A retail clothing store manager who estimates how much to order for the current spring season based on last spring’s outcomes is operating under what kind of decision-making condition?
► Seasonal
► Risk
► Uncertainty
► Certainty
Question No: 25 ( M - 1 ) .
The choice of alternative is influenced by the limited amount of information available to the decision maker and by the psychological orientation of the decision maker under the conditions of:
► Intuition
► Certainty
► Uncertainty
► Risk
Question No: 26 ( M - 1 ) .
The fact that managers make consistent, value-maximizing choices within specified constraints is known as which of the following?
► Implementation of the alternative
► Rational decision making
► Irrational decision making
► Decision implementation
Question No: 27 ( M - 1 ) .
Most of the time lower level management of organizations have to deal with problems which are:
► Satisficing
► Well-structured
► Non-programmed
► Ill-structured
Question No: 28 ( M - 1 ) .
All of the following are assumptions of rationalityEXCEPT:
► The problem is clear and unambiguous
► Preferences are constant and stable
► Preferences are vague
► Final choice will maximize payoff
Question No: 29 ( M - 1 ) .
Which of the following styles of decision making is characterized by individuals who prefer complete information and consider several alternatives?
► Analytic
► Conceptual
► Directive
► Behavioral
Question No: 30 ( M - 1 ) .
Jay tends to always look at the broad picture and likes to look at many alternatives. He focuses on the long run and looks for creative solutions. He prefers which of the following styles of decision making?
► Analytic
► Conceptual
► Directive
► Behavioral
Question No: 31 ( M - 1 ) .
When managers make every decision from the alternatives, based on a philosophy that "make the best decision, no matter how long it takes". It is called:
► Optimizing
► Satisficing
► Sub-optimizing
► Escalation of commitment
Question No: 32 ( M - 1 ) .
In terms of linear programming, profit margins on different products that a company can produce represent which of the following?
► Constraints
► Feasibility regions
► Scenarios
► Basis for the objective function
Question No: 33 ( M - 1 ) .
Which of the following is the basic rule of brainstorming?
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► Criticism is not allowed
► Ideas should be radical
► Improvement of ideas is encouraged
► Quantity of idea production is stressed
Question No: 34 ( M - 1 ) .
Ali has a job that pays him well, he desires to make a contribution to the organization, and he has an active social life. His desire is to become all that he is capable of becoming. Ali is at which of the following need defined by Maslow?
► Self-actualization
► Safety
► Social
► Esteem
Question No: 35 ( M - 1 ) .
Behavioral viewpoint emphasizes the need of understanding the various factors affecting the_______ in an organization.
► Social behavior
► Moral behavior
► Ethical behavior
► Human behavior
Question No: 36 ( M - 1 ) .
Usman authorized an additional $100,000 for the production of the new product. The cost of the new product seems to be increased far beyond what was planned or even forecasted. However, Usman continues to support the project. He is engaged in which of the following?
► Availability heuristic
► Representative heuristic
► Escalation of commitment
► Optimal decision making
Question No: 37 ( M - 1 ) .
Which of the following BEST describes creativity?
► Uncovering what is already there
► Creating something new
► Organizing already discovered items
► Criticizing the discovered items
Question No: 38 ( M - 1 ) .
Which one of the following plans has clearly defined objectives?
► Directional
► Flexible
► Specific
► Standing
Question No: 39 ( M - 1 ) .
An organized set of behavior that is associated with particular office or position is called:
► Role
► Obligation
► Responsibility
► Function
Question No: 40 ( M - 1 ) .
Suppose as a manager of a Company you are performing an activity that involves budgeting and programming of your subordinates’ work. In this situation you are working as:
► Entrepreneur
► Resource allocator
► Figurehead
► Monitor
Question No: 41 ( M - 10 )
What are the most important factors to improve the managerial skills?