Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. Company policy, administration, supervision, interpersonal relations, working conditions, and salary arecharacterized as:
a. Growth factors
b. Achievement factors
c. Hygiene factors
d. Motivating factors
Q. An individual's perception of whether performing at a particular level will lead to attainment of a desiredoutcome is termed:
a. Relevance
b. Expectancy
c. Expectation
d. Instrumentality
Q. Expectancy theory is an example of a:
a. Process Theory
b. Goal-setting Theory
c. Needs Theory
d. Cognitive Evaluation Theory
Q. Which of the following steps is important to improving expectancy?
a. Create the belief that effort is related to performance.
b. Ask employees what rewards they value.
c. Deliver rewards as promised.
d. Make the rewards meaningful.
Q. Management by objectives emphasizes participatively setting goals that are:
a. General in nature.
b. Easy to attain.
c. Easy to create and develop.
d. Tangible, verifiable, and measurable.
Q. For the individual employee, MBO provides:
a. Specific personal performance objectives.
b. Communication between co-workers.
c. A means to an end.
d. A way to keep the company accountable.
Q. Research indicates that financial incentives _____________ commitment to difficult goals.
a. do not impact
b. significantly increase
c. decrease
d. increase
Q. An individual's belief that he or she is capable of performing a task is called:
a. Self-actualization
b. Self-worth
c. Self-efficacy
d. Self-importance
Q. The major benefit of having employees participate in goal setting is:
a. That it provides the company with greater financial stability.
b. That it appears to induce employees to accomplish more difficult goals and tasks.
c. That it takes less time and resources to implement this type of system.
d. That it provides more time for management to pursue other activities.
Q. Employee recognition can:
a. Be a strong motivator.
b. Lead to unrealistic expectations.
c. Help with MBO program implementation.
d. Assist with goal setting.
Q. The theory that an employee will compare his or her job inputs and outcomes relative to others is called:
a. Employee Theory
b. Comparative Theory
c. Performance Theory
d. Equity Theory
Q. Allocating extrinsic rewards for behaviour that has been previously intrinsically rewarded tends todecrease the overall level of motivation, and is called:
a. Reward Evaluation Theory
b. Extrinsic Evaluation Theory
c. Cognitive Evaluation Theory
d. Intrinsic Evaluation Theory
Q. Alfie Kohn suggests that for people to be motivated it is only necessary to provide the right :
a. Incentives
b. Rewards
c. Environment
d. Compensation
Q. An employee's experience in a situation or position outside his or her current organization is a referentcomparison called:
a. Other-inside
b. Self-outside
c. Self-inside
d. Other-outside
Q. What are the most common hours for a "professional" to work in a week?
a. Whenever they feel
b. Part-Time
c. Until the job is done
d. Self-within