Top 550+ Solved Principles of Management MCQ Questions Answer
Q. The first step in the decision-making process is which of thefollowing?
a. Developing decision criteria
b. Allocating weights to the criteria
c. Analyzing alternatives
d. Identifying a problem
Q. A skill or capability that enables an organization to conceive of andimplement its strategies is its:
a. Strength
b. Weakness
c. Opportunity
d. Threat
Q. The management function that specifies goals to be achieved and deciding in advance the appropriate actions to achieve those goals is:
a. Leading
b. Controlling
c. Organizing
d. Planning
Q. The plans which deal with fairly small set of activities are called:
a. Strategic plan
b. Tactical plan
c. Operational plan
d. Personal plan
Q. Which of the following can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?
a. Strategy formulation
b. Strategy evaluation
c. Strategy implementation
d. Strategic management
Q. Which of the following is NOT one of the situational factors thought to influence the relationship between leader behavior and subordinate motivation to perform in the path-goal theory?
a. Preferences of the leader
b. Subordinate locus of control
c. Characteristics of the work group
d. Task structure
Q. Social obligation is the obligation of a business to meet its:
a. Social and technological responsibilities
b. Economic and social responsibilities
c. Technological and economic responsibilities
d. Economic and legal responsibilities
Q. All of the following are the examples of the actions that can be taken in strategy implementation stage EXCEPT:
a. Changing organization’s pricing strategy
b. Developing new employee benefits
c. Transferring managers among divisions
d. Taking corrective action when needed
Q. The method by which strategies are operational zed or executedwithin the organization is called:
a. Strategy implementation
b. Strategy evaluation
c. Strategy formulation
d. Strategy imitation
Q. The idea that employees should also share the profit of organizationwas given by:
a. Frederick Taylor
b. Robert Owen
c. Charles Babbage
d. W Edwards Deming
Q. In some countries, such as Venezuela, titles, rank, and status carrya lot of weight These countries have a large:
a. Power distance
b. Uncertainty avoidance
c. Short- versus long-term orientation
d. Individualism versus collectivism
Q. Which of the following is associated with the classical view of social responsibility?
a. Economist Robert Reich
b. Concern for social welfare
c. Stockholder financial return
d. Voluntary activities
Q. Forecasting techniques fall into which of the following twocategories?
a. Fixed asset and human capital
b. Predictive and confirmatory
c. Quantitative and qualitative
d. Empirical and conceptual
Q. If all criteria in the decision making are equal, weighting the criteria ______________.
a. improves decision making when large numbers of criteria are involved
b. is not needed
c. produces excellent decisions
d. improves the criteria
Q. Decision making is (simplistically) typically described as which ofthe following?
a. deciding what is correct
b. putting preferences on paper
c. choosing among alternatives
d. processing information to completion