Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. __________ is the form of departmentalization that groups similar jobs and activities into departments.
a. A product structure
b. A divisional structure
c. A matrix structure
d. A functional structure
Q. The main influence on the behavioral science theories were:
a. Psychology and sociology.
b. Sociology and bureaucracy.
c. Sociology and science.
d. Bureaucracy and psychology.
Q. ERG theory was introduced by _____________.
a. Clayton Alderfer
b. McClelland
c. Douglas McGregor
d. J. Stacey Adams
Q. __________ is counter to goal-setting theory.
a. Expectancy Theory
b. Reinforcement Theory
c. ERG Theory
d. None of given option
Q. Autocratic, Democratic and Laissez-faire leader behavior styles were introduced by _________.
a. University of Iowa researcher
b. Michigan Studies
c. Ohio State Studies
d. None of given option
Q. The difference between an e-business enhanced organization and an e-business enabled organization is:
a. Only an e-business enhanced organization uses the Internet.
b. Only an e-business enhanced organization relies on an intranet.
c. Only e-business enhanced organizations use e-business tools and applications.
d. Only e-business enhanced organizations have e-business units within their organization.
Q. __________ is not one of the eight steps in the decision making process.
a. Identifying the problem
b. Analyzing alternative solutions
c. Implementing the decision
d. Delegating the decision making
Q. __________ is the capacity to affect the behaviors of others.
a. Leadership
b. Power
c. Trait
d. Aggression
Q. Which of the following is NOT associated with learning organizations or knowledge management?
a. COIN
b. A recommended response to a rapidly changing world
c. Systematic gathering and sharing of useful information.
d. PSTN
Q. The vertical flow of communication from lower level to one or more higher levels is _____________.
a. Upward communication
b. Downward communication
c. Formal Communication
d. Horizontal communication
Q. Inputs necessary for the group to operate are ____________ inputs.
a. Group Size
b. Work Group
c. Group Task
d. None of the Above
Q. A__________ is the combining of two or more companies into one organization.
a. Merger
b. Acquisition
c. Diversification
d. None of the given options
Q. Managers today realize that long-term success can be achieved primarily by satisfying the customer.Customers are demanding quicker service, higher quality, and more _____.
a. Value for their money
b. Personal attention
c. Variety in services
d. Online choices
Q. The belief that a firm's obligation goes beyond that required by law and economics, and includes apursuit of long-term goals that are good for society is known as:
a. Social responsiveness
b. Ethical responsibility
c. Social responsibility
d. Social obligation