Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. It has been identified that there are 6 Pillars of Character that are important to adopting and ethicalperspective in leadership development. Can you name four of the six?
a. Trustworthiness, Respect, Responsibility, Fairness, Caring and Citizenship
b. Ruthlessness, Drive, Determination, Toughness, Supportive, Action orientated
c. Supportive, intelligent, insightful, good communicator, toughness, Fair
d. Caring, softness, intelligent, decisive, team player, communicator
Q. Berg and Chyung use an analogy to distinguish formal and informal learning. In this analogy, formallearning is represented as a journey by bus, whereas informal learning is characterized as what?
a. Like flying an aeroplane
b. Like riding a bicycle
c. Like driving a car
d. Like being on a train
Q. Barner and Higgins identify four theory models of coaching to which all coaches will subscribe, consciously or otherwise, in varying degrees. Which of these models aims primarily to help the individual to gain insights into themselves (as a person and as a manager) and to effect changes based on those insights?
a. Systems model
b. Social constructionist model
c. Behavioural model
d. Clinical model
Q. The authors take a broad view of leadership and management (L&M) development, including all activities aimed at building ongoing L&M capacity, enabling the organization to meet its objectives, to sustain itself and to what else?
a. Transform itself
b. Develop talent
c. Agree strategy
d. Make money
Q. Holton (1996) criticised Kirkpatrick's model of levels of evaluation in learning, stating that only three of these levels were causally related to learning and development. Which were the three levels Holton identified?
a. Reactions, learning, organizational results
b. Learning, individual performance, organizational results
c. Reactions, individual performance, learning
d. Learning, Reactions, organizational results
Q. Research in the styles of leadership preferred by different generations was completed by Arsenault(2004). What was the style of leadership that Generation X was found to prefer?
a. Directive
b. Authoritarian
c. Participative
d. Egalitarian
Q. Whilst there is no consensus as to what global leadership competencies are there is agreement as towhat according to Neary and O'Grady?
a. Lead change
b. Internal and external networking
c. Management style
d. The need to develop managers through such an approach
Q. Planning to learn from experience is in keeping with which of Mumford's four approaches to learning?
a. Prospective approach
b. Intuitive approach
c. Incidental approach
d. Retrospective approach
Q. Which of Carnall's (2003) four core managerial components essential for the effective management ofchange involves team building?
a. Decision making
b. Coalition building
c. Achieving action
d. Maintaining momentum
Q. Which type of decision making process in effect involves no decision per se?
a. simple decision making
b. nominal decision making
c. extended decision making
d. automatic decision making
Q. Nominal decision making is sometimes referred to as _____.
a. habitual decision making
b. routine decision making
c. simple decision making
d. automatic decision making
Q. A(n) _____ is the way an individual perceives his or her feelings and situation to be at the present time.
a. current state
b. actual state
c. desired state
d. self-concept
Q. The difference between personal disposable income and personal income is
a. Indirect taxes
b. Subsidies
c. Transfer payments
d. Personal taxes.
Q. Which of the following is an example of a government transfer payment?
a. Purchase of a new car for the Ministry of Finance
b. Funding of a clinic to provide free vaccinations.
c. Free food coupons issued to persons in an anti-poverty program.
d. Funding of a new bridge in an urban area