Top 550+ Solved Principles of Management MCQ Questions Answer

From 1 to 15 of 559

Q. Set of processes involved in creating or determining the strategies of the organization is called:

a. Strategy formulation

b. Strategy implementation

c. Strategy evaluation

d. Strategy imitation

  • a. Strategy formulation

Q. Which of the following is a process that involves managers from all parts of the organization in the formulation of strategic goals?

a. Strategic management

b. Strategic positioning

c. Strategic planning

d. Strategic organizing

  • a. Strategic management

Q. Maslow’s need hierarchy, a healthy work environment is an exampleof what type of need?

a. Physiological

b. Esteem

c. Safety

d. Social

  • c. Safety

Q. Which of the following is NOT a key element of the Total QualityManagement approach?

a. Focus on the customer

b. Employee involvement

c. Continuous improvement

d. Focus on the supplier

  • d. Focus on the supplier

Q. The process of selecting decision criteria is accomplished by:

a. Massaging the data that will support a given decision

b. Flipping a coin to produce a – chance of being right

c. Determining what is relevant in making the decision

d. Examining the difference in the opportunities available

  • b. Flipping a coin to produce a – chance of being right

Q. Alternatives that an organization chooses from its operations across several industries and several markets is called:

a. Business-level strategy

b. Corporate-level strategy

c. Functional-level strategy

d. Market-level strategy

  • d. Market-level strategy

Q. In the MBO system:

a. Objectives are determined by management

b. Goals are only reviewed at the time of completion

c. Goals are used as controls

d. Progress is periodically reviewed

  • a. Objectives are determined by management

Q. Strategic plans cover a broader view of the organization and include the formulation of goals, whereas operational plans define ways to:

a. Maximize the organization’s profits

b. Achieve the goals

c. Minimize the number of employees

d. Provide the most efficient methods of production

  • b. Achieve the goals
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