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Principle and Practice of Management (PPM) LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Brands

are associated with lifestyles and people's________. Correct Answer aspirations Your Answer expectations Multiple Choice Multiple Answer Question What are the common challenges faced by the retail business? Correct Answer Special mindset to develop special strategies , Coping with the change Your Answer The cultural aspect True/False Question Fast food chains are not a corporatised service. Correct Answer False Your Answer False Select The Blank Question A study by a consultant at Kearney has projected that the organized retail business in India would be worth________by 2005. Correct Answer Rs.1,60,000 crore Your Answer Rs.1,70,000 crore Multiple Choice Multiple Answer Question The channels through which corporate governance may bear on performance are activated through several structural and institutional factors as follows Correct Answer legal, political and regulatory environment , financial structure of corporation , structure and functioning of co. Your Answer legal, political and regulatory environment , financial structure of corporation , structure and functioning of co. Multiple Choice Single Answer Question What is indispensable to accurate internal budgeting and to setting financial and expansion policies. Correct Answer Sales forecasting Your Answer Sales forecasting Select The Blank

Question Necessity of control in business organisation arises due to number of factors, one of which is ________ of organisations themselves. Correct Answer complexity Your Answer inflexibility Multiple Choice Multiple Answer Question Every company undertakes the process of forecasting by various competent authorities which can be listed as Correct Answer CII , RBI , CMIE Your Answer CII , CMIE Multiple Choice Single Answer Question What percentage does the organized sector within the retailing sector represent? Correct Answer just 2% Your Answer just 2% Select The Blank Question The retailing sector in India has been quite________. Correct Answer staid and boring Your Answer staid and boring True/False Question Revenue model is a challenge in the service sector. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Some tips for improving written communication would be Correct Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words Your Answer Avoid unnecessary words , Use simple words and phrases , Use short and familiar words Select The Blank Question Service sector has grown because of________. Correct Answer contracting Your Answer contracting True/False Question Insurance never faces the challenges of branding, packaging and revenue model.

Correct Answer False Your Answer False Match The Following Question

Correct Answer

Your Answer

Ethical Subjectivism Right or wrong depends on Ethical Principles Right or wrong depends on Ethical Principles Respect for human dignity Ethical principle Disclose what an employee thinks to be wrongdoing blowing Ethical principle Whistle blowing Whistle

Obligation of confidentiality and loyalty to the organization People who hold this principle find no difference between a whistle blower and traitor People who hold this principle find no difference between a whistle blower and traitor

Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer Anonymous Multiple Choice Multiple Answer Question Multiple Choice Multiple Response Correct Answer Loyalty , Devotion Your Answer Loyalty , Devotion Multiple Choice Single Answer Question Audit is an effective tool of corporate governance and can act/enable Correct Answer self-regulation Your Answer professionalism Multiple Choice Multiple Answer Question Organizing is defined in different ways, viz. Correct Answer Process , Relationship , Corporate citizen Your Answer Process , Relationship , Corporate citizen , Financial aspects Multiple Choice Single Answer

Question Who said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr Correct Answer Koontz & O Donell Your Answer Koontz & O Donell Multiple Choice Single Answer Question Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work? Correct Answer Peter Drucker Your Answer Peter Drucker Multiple Choice Single Answer Question What type of control is most important for effective delegation? Correct Answer Feedback Your Answer Feedback Select The Blank Question Maintaining discipline and ________ those who perform properly, is an element of direction. Correct Answer rewarding Your Answer controlling Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Place Multiple Choice Single Answer Question Which of the options mentioned below would be categorized as a Franchisee store? Correct Answer Footwear stores Your Answer Footwear stores True/False Question Demand forecast is one of the popular forecasts. Correct Answer True Your Answer True Multiple Choice Single Answer

Question Disclosures must be made to the board by the management, relating to all Correct Answer material and financial transactions Your Answer material and financial transactions Select The Blank Question The directors should show________and commitment to their job. Correct Answer interest Your Answer determination True/False Question Foreign insurance companies can appoint majority directors on the company board. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question The service sector has grown because of reasons mentioned below Correct Answer tendency of distributing specialized knowledge and technology capital for labour in the manufacturing industry , technology no longer gives a competitive edge to manufacturing activities in the global scenario , as income increases, consumer demands for services increase faster than those for goods Your Answer tendency of distributing specialized knowledge and technology capital for labour in the manufacturing industry Multiple Choice Multiple Answer Question The term 'span of control' is also referred to as: Correct Answer Span of management , Span of supervision , Span of authority Your Answer Span of management Multiple Choice Single Answer Question Communication is a two way process, it starts with Correct Answer Communicator Your Answer Communicator True/False Question W.Edward Deming introduced quality control in Japan. Correct Answer True Your Answer True Multiple Choice Multiple Answer

Question Name the leading ad agencies in India that have a separate event section. Correct Answer Vigennet , Ogilvy , Mathers Your Answer Vigennet , Ogilvy , Mathers True/False Question Focus on savings and high bargaining interests of the consumer is an obstacle in retail development in India. Correct Answer True Your Answer True Select The Blank Question ________acts are done willfully and not by chance. Correct Answer Virtuous Your Answer Spontaneous Multiple Choice Single Answer Question What is proving that it is EQ more than IQ that underpins many of the best decisions. Correct Answer Science Your Answer Science Multiple Choice Multiple Answer Question The process of forecasting is based on Correct Answer Future trends , Current analysis , Past performance Your Answer Future trends , Current analysis , Past performance Multiple Choice Single Answer Question To which environment is learning environment adaptive? Correct Answer External Your Answer External Multiple Choice Single Answer Question People with high EQ understand people's which factor ? Correct Answer Expectations Your Answer Expectations True/False Question Valency is the extent to which the outcome of the activity and its success matters to the individual . (Level of motivation = Valency x Expectancy) Correct Answer True Your Answer True

Multiple Choice Single Answer Question It is said that 'Delegation is the key to control' and Correct Answer information is guide to control Your Answer information is guide to control Multiple Choice Multiple Answer Question Research indicates that the limbic system learns best through Correct Answer motivation , extended practice , feedback Your Answer motivation , extended practice , feedback Match The Following Question Appley L direction of things direction of things

Correct Answer

Your Answer

Management is management of people and not the Management is management of people and not the

Definition of Management Management is management of men, money, machinery, materials and information Management is management of men, money, machinery, materials and information Koontz and O'Donell Management is the creation and maintenance of internal environment in an enterprise Management is the creation and maintenance of internal environment in an enterprise Peter Drucker Management is a multi-purpose organ that manages a business, manages workers and work Management is a multipurpose organ that manages a business, manages workers and work

Select The Blank Question ________ provide all types of help required to make the business more efficient and profitable. Correct Answer Consultants Your Answer Consultants True/False Question Planning and control are closely interrelated and they do not determine the accuracy of decision-making. Correct Answer False Your Answer False

Multiple Choice Multiple Answer Question Select the essentials of the policy formulation of the following. Correct Answer positive , definite , clear Your Answer positive , definite , clear

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Indian business families are still avoiding joint ventures and tie-ups. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which among the following is an event management company? Correct Answer Planet E Your Answer Planet M True/False Question Robert Owen was a railroad builder in America. Correct Answer False Your Answer False True/False Question The service sector has not corporatised itself. Correct Answer False Your Answer False Select The Blank Question Management is a creative and ________ process. Correct Answer Continuous Your Answer Continuous Select The Blank Question W.Edward Deming introduced quality control in ________. Correct Answer Japan Your Answer Japan Multiple Choice Multiple Answer Question Few of the benefits of direction are :Correct Answer Ensures stability and balance , Secures employee's co-operation , Facilitates change in organisation Your Answer Ensures stability and balance , Secures employee's co-operation , Facilitates change in organisation Multiple Choice Single Answer Question What type of control is most important for effective delegation? Correct Answer Feedback

Your Answer

Feedback

Multiple Choice Multiple Answer Question An SBU is an independent business with a coherent set of :Correct Answer Products , Competitors , Objectives Your Answer Competitors , Objectives , Observations Multiple Choice Single Answer Question Indian companies are neither technically nor financially sound, they are always under the threat of :Correct Answer Takeovers Your Answer Takeovers Select The Blank Question Henry Fayol was trained as a ________ engineer. Correct Answer Mining Your Answer Mining Multiple Choice Single Answer Question Name the growing developer and publisher software created by SBU's to handle product development for each of the segments like child, youth entertainment etc. Correct Answer Mindscape Your Answer Mindscape Multiple Choice Multiple Answer Question For most hi-tech service industries the major components are :Correct Answer Infrastructure , Knowledge , Labour Your Answer Infrastructure , Knowledge , Labour Multiple Choice Multiple Answer Question Vedanta being a systematic and formulated knowledge of life and living, helps us to gain :Correct Answer Harmony , Peace , Bliss Your Answer Consciousness , Harmony , Peace , Bliss Multiple Choice Single Answer Question In the process of delegation, to whom some part of the authority is allotted? Correct Answer Subordinate Your Answer Manager

True/False Question Planning and control are closely interrelated and they do not determine the accuracy of decision-making. Correct Answer False Your Answer True Select The Blank Question ________ is a flagship company of Aditya Birla Group. Correct Answer Hindalco Grasim Your Answer Hindalco Grasim Match The Following Question EQ

Correct Answer

Your Answer

The qualities that mark the people who excel in real life The qualities that mark the people who excel in real life It requires a high level of optimism and persistence despite It requires a high level of optimism and persistence despite

Self-Motivation rejection rejection

Cost It signifies increased employees turnover increased employees turnover Benefit

It signifies

Differentiating between positive and destructive emotions Being able to sense what others are feeling

Select The Blank Question High morale is likely to be associated with superior motivation and low morale with ________, and a lack of drive. Correct Answer Frustration Your Answer Frustration Select The Blank Question Planning depends on authenticity and ________ of information. Correct Answer Reliability Your Answer Reliability Multiple Choice Multiple Answer Question In the complex new liberalized economy business families face common problems such as :Correct Answer Unproductive labour , Falling share value , Transnational attach

Your Answer

Unproductive labour , Falling share value , Transnational attach

Multiple Choice Multiple Answer Question Emotional intelligence is said to be the ability to sense, understand and effectively apply the power and acumen of emotions as a source of :Correct Answer Information , Trust , Human energy Your Answer Information , Trust , Human energy True/False Question An organization consists of individuals in which their formal roles and structural positions bring them closer. Correct Answer True Your Answer True Select The Blank Question ________ thinks that all knowledge is not subjective and he is selfconceit to possess it. Correct Answer Knowledge worker Your Answer Knowledge worker True/False Question Delegation and decentralization are closely related to each other. Correct Answer True Your Answer True Multiple Choice Single Answer Question Name the law which says 'God is source of your efforts, God has nothing to do with course of your efforts' :Correct Answer Law of Karma Your Answer Law of Karma Select The Blank Question ________ acts are done willfully and not by chance. Correct Answer Virtuous Your Answer Virtuous Multiple Choice Single Answer Question Companies like Godrej, Infosys are arranging which sessions for their employees? Correct Answer Yoga Your Answer Yoga

Select The Blank Question With liberalization markets are undergoing fundamental changes including ________ and pressure on prices. Correct Answer Competition Your Answer Competition True/False Question Empathy is important for the need to retain talent. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Some of the external factors that limit control are :Correct Answer Govt. policies , Market changes , Economic changes Your Answer Govt. policies , Market changes , Economic changes Multiple Choice Multiple Answer Question Name the leading event management companies in India :Correct Answer Midas , Pinnacle , Wizcraft Your Answer Midas , Pinnacle , Wizcraft Multiple Choice Single Answer Question The model presented by Dr. Chakraborty shows that Indian thought has a keynote, that is :Correct Answer Balance Your Answer Balance Select The Blank Question Closed mind, attitudes, ego, status, consciousness are ________ barriers. Correct Answer Psychological Your Answer Psychological True/False Question Policy is supposed to be immutable, unchanging and eternal. Correct Answer True Your Answer True Multiple Choice Single Answer Question Span of management depends upon the ability of whom? Correct Answer Employees Your Answer Employees

Multiple Choice Single Answer Question One of the factors determining decentralization of authority is :Correct Answer Uniformity of policy Your Answer Uniformity of policy Multiple Choice Multiple Answer Question The lack of communication leads to :Correct Answer Information gap , Disintegration , Deviation from performance Your Answer Information gap , Disintegration , Deviation from performance Match The Following Question

Correct Answer

Your Answer This is performed by the A subordinate gets orders from

Principle of unity of command mangers at all levels in the organisation just one boss

Managerial Function A subordinate gets orders from just one boss Mere issuing of orders is not enough, the managers should monitor performance of their subordinates. Pervasive function a sense of commitment Manger should invite the ideas and suggestions to produce It is the interpersonal aspect of management process

Principle of follow through It is the interpersonal aspect of management process This is acceptance of order to be carried out effectively

True/False Question Samartha Ramdas contributed to the conception of administration and management Correct Answer True Your Answer True Multiple Choice Single Answer Question What is the other important ingredient of hi-tech service industries, besides labour? Correct Answer Knowledge Your Answer Knowledge Multiple Choice Multiple Answer

Question The general management challenges faced by the service sector are :Correct Answer Communicating the concept , Differentiating factors , Revenue model Your Answer Human Resource management , Communicating the concept , Revenue model Multiple Choice Single Answer Question Audit is an effective tool of corporate governance and can act/enable :Correct Answer Self-regulation Your Answer Self-regulation True/False Question A strategy is a ploy or a past course of action. Correct Answer False Your Answer True Select The Blank Question Charles Babbage built the first prototype of modern ________. Correct Answer Computers Your Answer Computers Multiple Choice Multiple Answer Question The different types of motivators would be :Correct Answer Positive , External , Financial Your Answer Positive , External , Financial Multiple Choice Multiple Answer Question Elements of direction are :Correct Answer Maintaining discipline , Motivation of subordinates , Rewarding good performance Your Answer Maintaining discipline , Motivation of subordinates , Rewarding good performance

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority? Correct Answer lower-middle Your Answer lower-middle Multiple Choice Multiple Answer

Question Empathy is particularly important today as a component of leadership for the following Correct Answer rapid pace of globalisation , increasing use of teams , growing need to retain talent Your Answer increasing use of teams , growing need to retain talent , rapid pace of globalisation True/False Question Financial institutions should maintain a close relationship to seek a seat on the board. Correct Answer False Your Answer False Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Place True/False Question The financial structure is not one of the five channels of corporate governance. Correct Answer False Your Answer False Multiple Choice Single Answer Question Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work? Correct Answer Peter Drucker Your Answer Peter Drucker Select The Blank Question Service sector has grown because of________. Correct Answer contracting Your Answer contracting Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal Multiple Choice Single Answer

Question This is one of the good control system where the system should confirm to the nature and needs of the activity or position sought to be controlled Correct Answer Suitability Your Answer Suitability Select The Blank Question It is said that, 'Don't follow practices of delegation on ________'. Correct Answer Paper Your Answer Paper Multiple Choice Multiple Answer Question Under mechanism of scientific management, scientific task setting includes : Correct Answer Time study , Motion study , Method study Your Answer Time study , Motion study , Method study Multiple Choice Multiple Answer Question Franchisee stores can be categorized as Correct Answer Gift and Card Stores , Apparel Stores , Jewellery Stores Your Answer Gift and Card Stores , Apparel Stores , Jewellery Stores Multiple Choice Single Answer Question Life Insurance Corporation was nationalized by merging how many private insurance companies? Correct Answer 245 Your Answer 245 Multiple Choice Single Answer Question Where is the attack on business families coming from Correct Answer Transnationals Your Answer Transnationals Multiple Choice Single Answer Question Motivating a worker is to create a need and what else on the part of a worker to better his present performance. Correct Answer Desire Your Answer Desire Match The Following Question

Correct Answer

Your Answer Further

Internet Further development of retail sector in India development of retail sector in India

Important trends in retailing concentration Exclusive retailing Apparel retailing stores

Market concentration

Market

Apparel retailing stores High street stores High street

Retailing category based on shop area/location stores

Multiple Choice Multiple Answer Question The objectives in corporate governance are Correct Answer growth , stability , shareholders value maximization Your Answer stability , shareholders value maximization , growth True/False Question Wrong medium of communication is a physical barrier. Correct Answer False Your Answer False Multiple Choice Single Answer Question Management is Correct Answer Creative Your Answer Creative Match The Following Question

Correct Answer

Your Answer

Leading companies in this sector of event management Whizcraft Entertainment Ltd, Midas Events, Fountain Head Whizcraft Entertainment Ltd, Midas Events, Fountain Head Problems faced by event management industry In addition to the entertainment tax, an event management company is also required to pay service tax In addition to the entertainment tax, an event management company is also required to pay service tax Areas of operations in event management Celebrity management, television events Celebrity management, television events Definition of event management designed for marketing interests designed for marketing interests Events are the occurrences Events are the occurrences

Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Single Answer Question What did chanakya write ? Correct Answer Arthashastra Your Answer Arthashastra Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary True/False Question Fear among managers is not a barrier to delegation of authority. Correct Answer False Your Answer False True/False Question Vision without mission is incomplete and mission without vision is meaningless. Correct Answer True Your Answer True Multiple Choice Single Answer Question Companies like Godrej, Infosys are arranging which sessions for their employees Correct Answer Yoga Your Answer Yoga True/False Question Expectancy theory of motivation predicts that an individual will generally be a high performer when he see a high probability that his efforts will lead to high performance. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Peter Drucker is an expert on :

Correct Answer Japanese art , History of technology , History of American statesman Your Answer Japanese art , History of technology , History of American statesman Select The Blank Question ________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management. Correct Answer Operative Your Answer Operative Multiple Choice Multiple Answer Question Name the following topics that gives an idea about the concept of organizing. Correct Answer Decentralization , Staffing process , Span of management Your Answer Decentralization , Staffing process , Span of management Multiple Choice Multiple Answer Question The tools and techniques used in learning organizations are Correct Answer creativity, brainstorming , observing outcomes , reframing knowledge Your Answer creativity, brainstorming , observing outcomes , reframing knowledge Multiple Choice Single Answer Question Who said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr Correct Answer Koontz & O Donell Your Answer Koontz & O Donell Select The Blank Question ________ is effective only in big organizations. Correct Answer Decentralization Your Answer Decentralization Select The Blank Question Training your subordinate means ________ them. Correct Answer Motivating Your Answer Motivating True/False Question confidence.

Indian companies because of confused status have lacked self-

Correct Answer True Your Answer True Select The Blank Question ________ with sympathy can reduce some of the daily frustrations in organised life and result in better communication. Correct Answer Listening Your Answer Listening Multiple Choice Multiple Answer Question The lack of communication leads to Correct Answer information gap , disintegration , deviation from performance Your Answer information gap , disintegration , deviation from performance Multiple Choice Single Answer Question Which segment of event management has the potential to gross the largest in India? Correct Answer Live entertainment Your Answer Live entertainment Select The Blank Question Being more attuned to the feelings of those you work with is a benefit of ________. Correct Answer Emotional Quotient Your Answer Emotional Quotient Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer Anonymous Multiple Choice Multiple Answer Question Functional authority works only when, Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Your Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established True/False Question Motivation of subordinates to meet the expectations of the manager is a feature of direction.

Correct Answer False Your Answer False True/False Question the heart of administration is the directing function. Correct Answer True Your Answer True True/False Question Learning organizations must adopt processes that encourage interaction across boundaries Correct Answer True Your Answer True Multiple Choice Single Answer Question What is it when you are feeling and being in touch with subtle feeling about things ? Correct Answer Self awareness Your Answer Empathy Select The Blank Question Many families were running the business with a law ________ stake of 15% to 20%. Correct Answer Capital Your Answer Capital Multiple Choice Multiple Answer Question An SBU is an independent business with a coherent set of Correct Answer products , competitors , objectives Your Answer products , competitors , objectives

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question In which type of income class, does the insurance sector have to face the challenge of making insurance a buying priority? Correct Answer lower-middle Your Answer lower-middle Multiple Choice Multiple Answer Question Empathy is particularly important today as a component of leadership for the following

Correct Answer rapid pace of globalisation , increasing use of teams , growing need to retain talent Your Answer increasing use of teams , growing need to retain talent , rapid pace of globalisation True/False Question Financial institutions should maintain a close relationship to seek a seat on the board. Correct Answer False Your Answer False Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place Your Answer Place True/False Question The financial structure is not one of the five channels of corporate governance. Correct Answer False Your Answer False Multiple Choice Single Answer Question Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work? Correct Answer Peter Drucker Your Answer Peter Drucker Select The Blank Question Service sector has grown because of________. Correct Answer contracting Your Answer contracting Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal Multiple Choice Single Answer Question This is one of the good control system where the system should confirm to the nature and needs of the activity or position sought to be controlled

Correct Answer Suitability Your Answer Suitability Select The Blank Question It is said that, 'Don't follow practices of delegation on ________'. Correct Answer Paper Your Answer Paper Multiple Choice Multiple Answer Question Under mechanism of scientific management, scientific task setting includes : Correct Answer Time study , Motion study , Method study Your Answer Time study , Motion study , Method study Multiple Choice Multiple Answer Question Franchisee stores can be categorized as Correct Answer Gift and Card Stores , Apparel Stores , Jewellery Stores Your Answer Gift and Card Stores , Apparel Stores , Jewellery Stores Multiple Choice Single Answer Question Life Insurance Corporation was nationalized by merging how many private insurance companies? Correct Answer 245 Your Answer 245 Multiple Choice Single Answer Question Where is the attack on business families coming from Correct Answer Transnationals Your Answer Transnationals Multiple Choice Single Answer Question Motivating a worker is to create a need and what else on the part of a worker to better his present performance. Correct Answer Desire Your Answer Desire Match The Following Question

Correct Answer

Your Answer Further

Internet Further development of retail sector in India development of retail sector in India

Important trends in retailing concentration Exclusive retailing Apparel retailing stores

Market concentration

Market

Apparel retailing stores High street stores High street

Retailing category based on shop area/location stores

Multiple Choice Multiple Answer Question The objectives in corporate governance are Correct Answer growth , stability , shareholders value maximization Your Answer stability , shareholders value maximization , growth True/False Question Wrong medium of communication is a physical barrier. Correct Answer False Your Answer False Multiple Choice Single Answer Question Management is Correct Answer Creative Your Answer Creative Match The Following Question

Correct Answer

Your Answer

Leading companies in this sector of event management Whizcraft Entertainment Ltd, Midas Events, Fountain Head Whizcraft Entertainment Ltd, Midas Events, Fountain Head Problems faced by event management industry In addition to the entertainment tax, an event management company is also required to pay service tax In addition to the entertainment tax, an event management company is also required to pay service tax Areas of operations in event management Celebrity management, television events Celebrity management, television events Definition of event management designed for marketing interests designed for marketing interests Events are the occurrences Events are the occurrences

Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Single Answer Question What did chanakya write ? Correct Answer Arthashastra Your Answer Arthashastra Multiple Choice Single Answer Question Management is Correct Answer Multidisciplinary Your Answer Multidisciplinary True/False Question Fear among managers is not a barrier to delegation of authority. Correct Answer False Your Answer False True/False Question Vision without mission is incomplete and mission without vision is meaningless. Correct Answer True Your Answer True Multiple Choice Single Answer Question Companies like Godrej, Infosys are arranging which sessions for their employees Correct Answer Yoga Your Answer Yoga True/False Question Expectancy theory of motivation predicts that an individual will generally be a high performer when he see a high probability that his efforts will lead to high performance. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Peter Drucker is an expert on :

Correct Answer Japanese art , History of technology , History of American statesman Your Answer Japanese art , History of technology , History of American statesman Select The Blank Question ________ decisions relate to the day to day operations of the enterprise generally taken by middle and lower level management. Correct Answer Operative Your Answer Operative Multiple Choice Multiple Answer Question Name the following topics that gives an idea about the concept of organizing. Correct Answer Decentralization , Staffing process , Span of management Your Answer Decentralization , Staffing process , Span of management Multiple Choice Multiple Answer Question The tools and techniques used in learning organizations are Correct Answer creativity, brainstorming , observing outcomes , reframing knowledge Your Answer creativity, brainstorming , observing outcomes , reframing knowledge Multiple Choice Single Answer Question Who said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr Correct Answer Koontz & O Donell Your Answer Koontz & O Donell Select The Blank Question ________ is effective only in big organizations. Correct Answer Decentralization Your Answer Decentralization Select The Blank Question Training your subordinate means ________ them. Correct Answer Motivating Your Answer Motivating True/False Question confidence.

Indian companies because of confused status have lacked self-

Correct Answer True Your Answer True Select The Blank Question ________ with sympathy can reduce some of the daily frustrations in organised life and result in better communication. Correct Answer Listening Your Answer Listening Multiple Choice Multiple Answer Question The lack of communication leads to Correct Answer information gap , disintegration , deviation from performance Your Answer information gap , disintegration , deviation from performance Multiple Choice Single Answer Question Which segment of event management has the potential to gross the largest in India? Correct Answer Live entertainment Your Answer Live entertainment Select The Blank Question Being more attuned to the feelings of those you work with is a benefit of ________. Correct Answer Emotional Quotient Your Answer Emotional Quotient Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer Anonymous Multiple Choice Multiple Answer Question Functional authority works only when, Correct Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established Your Answer Assignment is clarified , The subordinates are allowed to participate , Feedback control is established True/False Question Motivation of subordinates to meet the expectations of the manager is a feature of direction.

Correct Answer False Your Answer False True/False Question the heart of administration is the directing function. Correct Answer True Your Answer True True/False Question Learning organizations must adopt processes that encourage interaction across boundaries Correct Answer True Your Answer True Multiple Choice Single Answer Question What is it when you are feeling and being in touch with subtle feeling about things ? Correct Answer Self awareness Your Answer Empathy Select The Blank Question Many families were running the business with a law ________ stake of 15% to 20%. Correct Answer Capital Your Answer Capital Multiple Choice Multiple Answer Question An SBU is an independent business with a coherent set of Correct Answer products , competitors , objectives Your Answer products , competitors , objectives

LIST OF ATTEMPTED QUESTIONS AND ANSWERS Match The Following Question Appley L of things of things

Correct Answer

Your Answer

Management is management of people and not the direction Management is management of people and not the direction

Definition of Management Management is management of men, money, machinery, materials and information Management is management of men, money, machinery, materials and information Koontz and O'Donell Management is the creation and maintenance of internal environment in an enterprise Management is the creation and maintenance of internal environment in an enterprise Peter Drucker Management is a multi-purpose organ that manages a business, manages workers and work Management is a multi-purpose organ that manages a business, manages workers and work

Multiple Choice Multiple Answer Question The components of competitive analysis are :Correct Answer Future goals , Current strategy , Capabilities Your Answer Future goals , Current strategy , Switching costs Multiple Choice Multiple Answer Question The factors which should be included on the part of managers when dealing with subordinates are :Correct Answer Loyalty , Devotion Your Answer Loyalty , Devotion

Multiple Choice Multiple Answer

Multiple Choice Single Answer Question A practical method with a goal to purify mind and eliminate tensions is known as :Correct Answer Vipassana Your Answer Vipassana Multiple Choice Single Answer Question Who is the most effective person are alike in one crucial way, they all have a high degree of emotional intelligence. Correct Answer Leader

Your Answer

Leader

True/False Question Federick W.Taylor is referred to as 'father of modern management theory'. Correct Answer False Your Answer False

Select The Blank Question ________ is the ability to sense, understand and effectively apply emotion. Correct Answer Emotional Intelligence Your Answer Emotional Intelligence Multiple Choice Single Answer Question What is proving that it is EQ more than IQ that underpins many of the best decisions? Correct Answer Science Your Answer Science Select The Blank Question Learning organizations are adaptive to their ________ environment Correct Answer External Your Answer External

Multiple Choice Multiple Answer

Question Corporate governance aims at :Correct Answer Better transparency , Ethics , Accountability Your Answer Better transparency , Ethics , Accountability

Select The Blank Question The term ________ refers to a specific administrative directive prescribing the sequential manner in which a repetitive activity is to be initiated and completed in a goal - oriented manner. Correct Answer Procedure Your Answer Procedure True/False Question It is said that no company is allowed to deal in life and non-life insurance as a single entity. Correct Answer True

Select The Blank Question Failure to give ________ to goal setters is a weakness of MBO. Correct Answer Guidelines Your Answer Guidelines Multiple Choice Single Answer Question What is the other important ingredient of hi-tech service industries, besides labour? Correct Answer Knowledge Your Answer Knowledge True/False Question Henry Fayol's contribution is classified into ten industrial and management principles. Correct Answer False Your Answer False

True/False Question Learning organizations must adopt processes that encourage interaction across boundaries Correct Answer True Your Answer True

Select The Blank Question The purpose of life is to raise from ________ to rajas Correct Answer Tamas Your Answer Tamas True/False Question Posture' and Observance' are not included under the 'yogic' exercises Correct Answer False Your Answer False Multiple Choice Single Answer Question Span of management depends upon the ability of whom? Correct Answer Employees Your Answer Employees

Multiple Choice Multiple Answer

Multiple Choice Multiple Answer Question What are the common challenges faced by the retail business? Correct Answer The cultural aspect , Special mindset to develop special strategies , Coping with the change Your Answer The cultural aspect , Special mindset to develop special strategies , Coping with the change

True/False Question Planning can eliminate risk, but can not minimize it. Correct Answer False Your Answer True Select The Blank Question Service sector has grown because of ________. Correct Answer Contracting Your Answer Contracting Multiple Choice Single Answer Question Who included Espirit De Corps as a management principle? Correct Answer Henry Fayol Your Answer Henry Fayol Multiple Choice Single Answer Question One of the key features of services is that they are :Correct Answer Intangible Your Answer Intangible

Multiple Choice Multiple Answer Question Every company undertakes the process of forecasting by various competent authorities which can be listed as :Correct Answer CII , RBI , CMIE Your Answer CII , RBI , CMIE True/False Question Retailers cannot just take their global retailing formats and try to transpose them onto the Indian scenario. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Some of the famous philosophies given by our legends to smoother the pressures of managers are :Correct Answer Vipassana , Meditation , Yoga Your Answer Meditation , Yoga

Multiple Choice Single Answer Question Name one of the factors that govern the span of management :Correct Answer Type of work Your Answer Type of work

Select The Blank Question To enhance emotional intelligence, ________ must refocus their training to include the limbic system. Correct Answer Organisations Your Answer Organisations Select The Blank Question The four A's of the service section are acceptability, ________ , affordability, availability.

Correct Answer Awareness Your Answer Awareness

Select The Blank Question The technique of ________ to be used should suit the organizational working ________. Correct Answer control Your Answer control Correct Answer system Your Answer Strategy True/False Question Morale is also courage, confidence and enthusiasm in performing a job. Correct Answer True Your Answer True Multiple Choice Single Answer Question Learning organization is adaptive to which environment? Correct Answer External Your Answer External Multiple Choice Single Answer Question Who defined leadership as the ability to get people do what they dont want do? Correct Answer Truman Your Answer Truman Multiple Choice Single Answer Question Who said, Management is the creation and maintenance of internal environment in an enterprise, where individuals working in groups can perform efficiently and effectively towards the attainment of gr Correct Answer Koontz & O Donell Your Answer Koontz & O Donell Select The Blank Question For an organization to function effectively certain ________ and objectives must be ________ set. Correct Answer goals Your Answer goals Correct Answer clearly Your Answer clearly

Select The Blank Question Companies seeking to improve have taken a plethora of initiatives such as ________ and ________ Correct Answer TQM Your Answer TQM Correct Answer BPR Your Answer BPR Select The Blank Question Self-motivation requires a ________ level of ________. Correct Answer High Your Answer High Correct Answer optimism Your Answer optimism True/False Question Control should ensure that benefits derived are more than cost incurred. Correct Answer True Your Answer True True/False Question A vision is essentially a dream. Correct Answer True Your Answer True True/False Question India has been experiencing stranglehold of traditional kirana stores. Correct Answer True Your Answer True True/False Question Mere IQ is not enough. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The various components of mission statements are Correct Answer elicits motivational response , attainable goal Your Answer elicits motivational response , attainable goal Multiple Choice Single Answer

Question Who said, Management is a multiple organ that manages a business, manages a manager and manages workers and work? Correct Answer Peter Drucker Your Answer Peter Drucker Multiple Choice Multiple Answer Question The process of any communication will include Correct Answer communicator , medium , message Your Answer communicator , medium , message Multiple Choice Multiple Answer Question Factors determining decentralization of authority Correct Answer uniformity of policy , desire for independence , control techniques Your Answer uniformity of policy , desire for independence , control techniques Multiple Choice Single Answer Question SBUs are a collection of what divisions that produce related or similar products? Correct Answer Products Your Answer Products Multiple Choice Multiple Answer Question The cost of low EQ at work can be Correct Answer costly mistakes , decreased productivity , increased employee turnover Your Answer costly mistakes , decreased productivity , increased employee turnover Select The Blank Question 50.The last few years have shown a ________ of film ________ shows. Correct Answer opportunities Your Answer Recurrence Correct Answer celebrity Your Answer celebrity Multiple Choice Single Answer Question What is a limitation of planning? Correct Answer It cannot eliminates risk Your Answer It cannot eliminates risk Multiple Choice Single Answer Question One of the internal environment factors that influences management is Correct Answer Place

Your Answer Place Multiple Choice Single Answer Question One of the external environment factors that influences Management is Correct Answer Legal Your Answer Legal True/False Question EQ was first brought to attention by Benott Simon . Correct Answer False Your Answer False Multiple Choice Single Answer Question Management is the combination of Arts, Science and Correct Answer Profession Your Answer Profession Multiple Choice Single Answer Question What is it called when input of unit becomes the output of another and vice versa? Correct Answer Reciprocal interdependence Your Answer Reciprocal interdependence Multiple Choice Multiple Answer Question Major barriers to entry for a newcomer into the industry are Correct Answer access to distribution channels , govt. policies , economies of scale Your Answer access to distribution channels , govt. policies , economies of scale Multiple Choice Multiple Answer Question The different As of the service sector are Correct Answer acceptability , awareness , availability Your Answer acceptability , awareness , availability Multiple Choice Single Answer Question Who said, Management is management of Men, Money, Machinery Materials and Information? Correct Answer Anonymous Your Answer L. Appley Multiple Choice Multiple Answer Question Service sector has expanded relentlessly in the past decade due to related events in the 1990s

Correct Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agriculture Your Answer explosion of information tech. , slow growth of manufacturing industry , virtual stagnation in agriculture Multiple Choice Multiple Answer Question In India Insurance sector has to face challenges of how to make insurance buying a priority where there are predominant problems such as Correct Answer poverty , illiteracy Your Answer poverty , unemployment , illiteracy Multiple Choice Multiple Answer Question General management challenges in Insurance sector Correct Answer training and development of insurance agents , identifying noninsurable population , actuary Your Answer training and development of insurance agents , identifying non-insurable population , actuary Select The Blank Question Wrong interpretation of words or ________ errors is called ________ error Correct Answer grammatical Your Answer grammatical Correct Answer semantic Your Answer semantic True/False Question Direction integrates individual efforts. Correct Answer True Your Answer True True/False Question Lack of communication leads to crisis situations. Correct Answer True Your Answer True Select The Blank Question In the Needs- satisfaction chain, every ________ is a ________ Correct Answer step Your Answer step Correct Answer Motivator Your Answer Motivator

Multiple Choice Multiple Answer Question To be called an SBU, a business unit must meet specific criteria Correct Answer have definable group of competitors , have its own mission , prepare its own integrated plans Your Answer have definable group of competitors , have its own mission , prepare its own integrated plans Multiple Choice Multiple Answer Question To get over tensions and stress one must practice the yogic exercises that consist of Correct Answer abstinence , meditation , breath control Your Answer abstinence , meditation , breath control Multiple Choice Single Answer Question Which should we keep open for effective delegation? Correct Answer Communication Your Answer Communication Multiple Choice Multiple Answer Question Human thoughts are classified as Correct Answer inactive , active , transactive Your Answer active , transactive , reactive Multiple Choice Single Answer Question Span of Control also refers to a span of what? Correct Answer Responsibility Your Answer Responsibility Multiple Choice Single Answer Question What does a mission statement specify that the organization will achieve? Correct Answer Goals Your Answer Objectives Select The Blank Question ________ is concerned with what is Good and right for ________. Correct Answer Ethics Your Answer Ethics Correct Answer society Your Answer society

Select The Blank Question Management should take into consideration the proper ________ of the organization for control to be ________. Correct Answer objectives Your Answer objectives Correct Answer effective Your Answer effective Multiple Choice Single Answer Question For greater contribution of subordinates, direction process should be more what? Correct Answer Effective Your Answer Communicable True/False Question Control is not a follow-up to other functions of management Correct Answer False Your Answer False Match The Following Question Correct Answer

Your Answer Trust Audit Tool Function Function

What is at the core of corporate governance? Trust What can act as a self-regulation enabler? Audit

What is professionalism to corporate governance? Tool What is succession planning for the board of directors?

What can provide transparent and relevant data to help shareholders, creditors and other stakeholders? Disclosure Disclosure

Match The Following Question Correct Answer Tatas Nambiars Nulsi Wadia Indian Hotels BPL Bombay Dyeing

Your Answer Indian Hotels BPL Bombay Dyeing

Azeem Premji Singhanias

Wipro Raymonds

Wipro Raymonds