Deck 2: Management, Economics and Corporate Governance

Question 1

Management is a creative and ________ process.

A)Continuous
B)Technical
C)Democratic
D)None of the above

Answer 1

Continuous

Question 2

Which type of strategies do professional managers help organizations in chalking out?

A)Multi-disciplinary
B)Corporate
C)Managerial
D)All of the above

Answer 2

Corporate

Question 3

Management exists at the ______ level of the organization.

A)Lower
B)Middle
C)Top
D)All of the above

Answer 3

All of the above

Question 4

Management is said to be the combination of

A)Arts, science and profession
B)Arts, science and engineering
C)Arts, commerce and science
D)Arts, commerce and engineering

Question 5

______ is supposed to be immutable, unchanging and eternal.

A)Policy
B)Vision
C)Mission
D)All of the above

Question 6

Positive motivation makes people willing to do their work in the best way they can and improve their ________.

A)Productivity
B)Personality
C)Performance
D)All of the above

Question 7

The objective in corporate governance is

A)Shareholder value maximization
B)Growth
C)Stability
D)All of the above

Question 8

The heart of administration is the _____ function.

A)Directing
B)Organizing
C)Controlling
D)Cooperating

Question 9

Direction is a ________ function performed by all the managers at all levels of the organization.

A)Managerial
B)Organizational
C)Both A and B
D)None of the above

Question 10

_______ is a tool for corporate governance.

A)Training
B)Recruitment
C)Communication
D)Consulting

Question 11

The internal environment factor that influence management is

A)Labor
B)Machines
C)Place
D)All of the above

Question 12

Management is said to be the combination of three factors, arts, science and the third is

A)Profession
B)Authority
C)Communication
D)None of the above

Question 13

One of the popular forecast is

A)Technological
B)Economic
C)Demand
D)None of the above

Question 14

Limitation of business planning is

A)Time consuming
B)Expensive device
C)Heavy cost of planning
D)All of the above

Question 15

In management process, the most misinterpreted word is

A)Organizing
B)Delegating
C)Controlling
D)Planning

Question 16

Management as a discipline is the function of ____.

A)Science
B)Art
C)Creativity
D)All of the above

Question 17

The word _______ denotes a function, a task, a discipline.

A)Management
B)Leadership
C)Motivation
D)None of the above

Question 18

Costliness of the ________ is the overriding factor determining the extent of decentralization.

A)Decision
B)Staffing
C)Controlling
D)Managing

Question 19

______ is a tool for corporate governance.

A)Management
B)Communication
C)Coordination
D)All of the above

Question 20

The higher the ________ level of the employee, the lower the job satisfaction.

A)Managerial
B)Educational
C)Satisfaction
D)None of the above

Question 21

Management is a creative and ________ process.

A)Systematic
B)Continuous
C)Long
D)None of the above

Question 22

Economics is a study of wealth(Assets) said by _____.

A)Adam smith
B)Alfred marshall
C)Lionel robbins
D)None of the above

Question 23

In concept of Economics, Macro means _____.

A)Small
B)Large
C)Middle
D)All of the above

Question 24

In concept of Economics, Micro means _____.

A)Small
B)Large
C)Middle
D)All of the above

Question 25

Quantity of a product people are willing to buy at a certain price is known as ______.

A)Supply
B)Supply relationship
C)Demand
D)Demand relationship