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Solved MCQ's of MGT503

1. Which of the following management thinker created a role classification system based on how managers spend their time at work to describe a manager's role?

Select correct option:

Peter Brabeck-Letmathe

Abraham Maslow

Andrea Jung

Henry Mintzberg

2. Discrepancy between existing and a desired state of affairs is called:

Select correct option:

Opportunity

Solution

Weakness

Problem

3. Estimated cost of Sydney Opera House was:

Select correct option:

$ 7 Million

$ 102 Million

$95 Million

$ 60 Million

4. Which famous management thinker was related with the development of "Theory X"?

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Douglas McGregor

Abraham Maslow

Frederick Herzberg

Chester Barnard

5. Which of the following is the most ancient management monument?

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Wall of China

Egyptian Pyramid

Taj Mahal

Sydney Opera House

6. Computers and campus facilities given to a university are called its:

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Human resources

Financial resources

Physical resources

Information resources

7. Selecting an alternative in the decision-making process is accomplished by:

Select correct option:

Choosing the alternative with the highest score

Choosing the One You Like Best

Selecting the alternative that has the lowest price

Selecting the alternative that is the most reliable

8. The people at the bottom of the organization generally deal with repetitive and familiar problems such as workers who are late or machinery that breaks down. As a result, most of the decisions made by first line supervisors are:

Select correct option:

Programmed decisions

Ill-structured decisions

Novel decisions

Non-programmed decisions

9. Which management theory focuses on managing the total organization?

Select correct option:

Scientific management

Administrative management

Behavioral management

Quantitative management

10. A learning organization develops the capability to:

Select correct option:

Add new training programs

Accept conventional wisdom of the industry

Continuously learn, adapt and change

Work in teams

11. The first step in the decision-making process is which of the following?

Select correct option:

Developing decision criteria

Allocating weights to the criteria

Analyzing alternatives

Identifying a problem

12. Which of the following is the final step in the decision-making process?

Select correct option:

Identifying the problem

Evaluating the decision’s effectiveness

Identifying decision criteria

Selecting an alternative that can resolve the problem

13. Cultivating a learning culture where organizational members systematically gather knowledge and share it with others in the organization so as to achieve better performance is called:

Select correct option:

Knowledge management

Technical management

Software management

Systems management

14. CEO of Siemens presents 10000 $ scholarships to the winners of Math, Science and Technology in a high school. He is acting the role of:

Select correct option:

Figurehead

Leader

Spokesperson

Liaison

15. It is assumed that a perfectly rational decision maker:

Select correct option:

Does not follow rational assumptions

Does not consider value maximizing as an objective

Offers inconsistent decisions

Would be objective and logical

16. Which of the following term is defined as a business firm’s obligation, beyond that required by law and economics, to pursue long-term goals that are good for society?

Select correct option:

Social obligation

Social responsibility

Social screening

Values-based management

17. Which of the following early advocates of organizational behavior created the field of industrial psychology, the scientific study of people at work?

Select correct option:

Robert Owens

Hugo Munsterberg

Mary Parker Follett

Chester Barnard

18. Which of the following means that you achieve the best possible balance among several goals?

Select correct option:

Sacrificing

Satisficing

Minimizing

Optimizing

19. The process of monitoring performance, comparing it with goals and correcting any significant deviations is known as:

Select correct option:

Planning

Organizing

Leading

Controlling

20. When a manger made a decision and he is uncertain about the outcomes. His decision is likely to be:

Select correct option:

Of Poor Quality

Unacceptable

Successful

Risky

21. When a firm advertises that it only uses recycled paper products, it is called:

Select correct option:

Meeting its social obligation

Meeting social responsibilities

Being socially responsive

Paying attention to the bottom line

22. How would you define the problem if all outcome of every alternative is known?

Select correct option:

Bounded rationality

Unbounded rationality

Certainty

Uncertainty

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