Principles and Practices of Management

181. Expand MBE.

  1. Materials By Exception.
  2. Management By Experience.
  3. Materializing By Experience.
  4. Management By Exception.
Correct answer: (D)
Management By Exception.

182. Every organization has to develop its ______________ irrespective of the differences in size, nature of activities etc.,

  1. strategic plan.
  2. distinct planning process.
  3. standard plan.
  4. profit line.
Correct answer: (B)
distinct planning process.

183. The term alternative course of action means ______________ to achieve desired objective.

  1. more than one action-plan.
  2. more than one derivative plan.
  3. opportunities.
  4. direction plans.
Correct answer: (A)
more than one action-plan.

184. Planning is a ______________ function.

  1. significant.
  2. pervasive.
  3. development.
  4. forecasting.
Correct answer: (B)
pervasive.

185. It is important to present yourself positively within an organization to ensure that ______________

  1. customers see the organization in a negative light.
  2. customers see the organization in a negative light.
  3. your appearance reflects the standards within the organisation.
  4. your appearance conflicts with standards within the organisation.
Correct answer: (C)
your appearance reflects the standards within the organisation.

186. The duration of medium term plan is ______________.

  1. 1 to 2 years.
  2. 2 to 3 years.
  3. 3 to 4 years.
  4. 4 to 5 years.
Correct answer: (B)
2 to 3 years.

187. The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is ______________.

  1. sociological factors.
  2. political factors.
  3. economic factors.
  4. psychological factors.
Correct answer: (A)
sociological factors.

188. All of the following are the characteristics of an organization EXCEPT ______________.

  1. People.
  2. Product.
  3. Purpose.
  4. Structure.
Correct answer: (B)
Product.

189. A ______________ organizational structure is the simplest form and has clear lines of authority and ease of decision making.

  1. horizontal
  2. line
  3. vertical
  4. staff
Correct answer: (A)
horizontal

190. Formal authority flows from upwards to downwards in______________.

  1. formal organization.
  2. informal organization.
  3. business organisation.
  4. strategic organization.
Correct answer: (A)
formal organization.
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