Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. Theory X suggests that employees:
a. Dislike work
b. Dislike their manager
c. Like work
d. None of the above
Q. What three words define motivation?
a. Persistence, fairness, ambition
b. Ambition, direction, intensity
c. Desire, persistence, fairness
d. Intensity, direction, persistence
Q. What does ERG stand for?
a. Excellent, relationship, growth
b. Expectancy, real, exist
c. Employee, related, greatness
d. Existence, relatedness, growth
Q. The theory that individuals act depending upon their evaluation of whether their effort will lead to good performance, whether good performance will be followed by a reward, and whether that reward is attractive to them, is called:
a. Equity Theory
b. Expectancy Theory
c. Empirical Theory
d. Outcome Theory
Q. Which answer corresponds to a person's internal desire to do something, due to such things as interest,challenge and personal satisfaction?
a. Theory X
b. Extrinsic motivators
c. Intrinsic motivators
d. Theory Y
Q. What is valence?
a. The value or importance an individual places on a reward
b. The importance of doing something well
c. The value of an object to a person
d. The knowledge and effort put into something
Q. Transformational leadership is about change, _________, and entrepreneurship.
a. Motivation
b. innovation
c. loyalty
d. enthusiasm
Q. While considering the seven leadership styles described by the leadership continuum, all of the following are variables that need to be considered for a manager, EXCEPT,
a. manager's preferred style based on experience.
b. manager's preferred style based on expectation.
c. manager's preferred style based on knowledge.
d. manager's preferred style based on confidence in upper management.
Q. This is a supervisory style which involves high-directive–high-supportive behavior (HD–HS) and is appropriate when interacting with moderate-capability employees.
a. autocratic style
b. participative style
c. consultative style
d. laissez-faire style
Q. Which of the following management substitutes is characterized by formalization, inflexibility, and closelyknit work groups?
a. Characteristics of subordinates.
b. Characteristics of managers.
c. Characteristics of the organization.
d. Characteristics of task.
Q. Being conscientious, admitting mistakes, and knowing one's strengths and limitations are the skillsassociated with _______.
a. Competence
b. consistency
c. loyalty
d. integrity
Q. Only managers can be true leaders, because they have the ability to influence others.
a. True
b. False
c. none
d. none
Q. Transformational leadership focuses on middle and first line managers.
a. True
b. False
c. none
d. none