These are Principles of Management Week 6 Assignment 6 Answers
Q1. Statement 1: To improve the flow of communication is a qualitative objective. Statement 2: To produce 2000 units of cars in the first quarter is a verifiable objective. Statement 1 is correct. Statement 2 is correct. Both the Statements are correct. Both the Statements are incorrect.
Answer: Both the Statements are correct.
Q2. The objectives should be “SMART”. What does “SMART” stand for? Simple, Motivational, Attainable, Relevant, Thoughtful Short, Movable, Achievable, Rational, Timely Specific, Measurable, Attainable, Realistic, Time-Bound Specific, Motivational, Achievable, Relevant, Transparent
Q3. Statement 1: MBO embodies a process that supports and facilitates teamwork. Statement 2: The essence of MBO is a process of individual goal setting. Statement 1 is correct. Statement 2 is correct. Both the Statements are correct. Both the Statements are incorrect.
These are Principles of Management Week 6 Assignment 6 Answers
Q6. Match the following- 1. Autocratic Style i. The manager maintains the final decision-making control. However, the choice can be influenced by the subordinates. 2. Consultative Style ii. Make decisions unilaterally, without input of subordinates. 3. Persuasion Style iii. Offer employees an opportunity to engage in decision-making. 4. Democratic Style iv. Asks employees, but ultimately the leader makes the final decision. iii, ii, i, iv ii, iv, i, iii i, ii, iv, iii iv, ii, i, iii
Q7. Statement 1: In Laissez-faire, the employees are allowed to make the majority of decisions, with management providing guidance when needed. Statement 2: In Management by Walking around, Managers gather information by listening to the thoughts of employees that can stop problems at their source. Statement 1 is correct. Statement 2 is correct. Both the statements are correct. Both the statements are incorrect.
These are Principles of Management Week 6 Assignment 6 Answers
Q8. Which theory combined both American and Japanese management styles that laid emphasis on employee needs and positive work-related outcomes? Theory K Theory Y Theory Z Theory X
Answer: Theory Z
Q9. Statement 1: The American management Style is Individualistic in nature. Statement 2: The Japanese Management Style has a Long-term orientation. Statement 1 is correct. Statement 2 is correct. Both the statements are correct. Both the statements are incorrect.
Answer: Both the statements are correct.
Q10. An organization that decentralizes management and other decisions to the local country is known as Local Organization Multi domestic corporation Multinational corporation Multi-centered company
These are Principles of Management Week 6 Assignment 6 Answers
Q1. Which of the following will be characterised as a sound objective? a. To make a reasonable profit b. To make good revenue in the near future c. To speed up communication in the entire organization d. To install Software “A” in all systems of the organization by year end
Answer: d. To install Software “A” in all systems of the organization by year end
Q2. Slow Decision making, fast implementation of decision, extensive use of quality circles and collective accountability together speak of which management style? a. Indian b. Japanese c. American d. Chinese
Answer: b. Japanese
These are Principles of Management Week 6 Assignment 6 Answers
Q3. Which of the following statements is correct for MBO: a. MBO was proposed by Peter Drucker in his book The Effective Executive b. In MBO, progress towards objectives is reviewed at the time of completion c. In MBO, goals are set jointly by the managers with their subordinates d. In MBO, goals are set in such a way that they can be easily accomplished
Answer: c. In MBO, goals are set jointly by the managers with their subordinates
Q4. Which of the following is not the outcome of MBO? a. Subjective Appraisal b. Better communication c. Cascading of organizational vision d. Clarity in organizational action
Answer: a. Subjective Appraisal
These are Principles of Management Week 6 Assignment 6 Answers
Q5. What is meant by “Key Result Areas”? a. The profit quantities which are of utmost importance to the organization b. Specific areas of focus where organization wants to have success c. Events which are of top priority for the organization d. Designated physical spots in the office of the organization where organization wants to have its best departments
Answer: b. Specific areas of focus where organization wants to have success
Q6. For which of the following organizations MBO will not be useful? a. A company having several project teams catering to clients for timed projects b. A small factory making one kind of plastic toy cars c. A company making customized software d. A multinational FMCG company
Answer: b. A small factory making one kind of plastic toy cars
These are Principles of Management Week 6 Assignment 6 Answers
Q7. Statement I: MBO is one of the Performance Appraisal Methods Statement II: MBO is a circular process Identify which of the following options is correct: a. Both statement I and II are correct b. Both statement I and II are incorrect c. Statement I is correct and statement II is incorrect d. Statement I is incorrect and statement II is correct
Answer: a. Both statement I and II are correct
Q8. __ is important for sustainability of an organization. a. Volatility b. Uncertainty c. Complexity d. Innovation
Answer: d. Innovation
These are Principles of Management Week 6 Assignment 6 Answers
Q9. Which of the following is an approach which advocates hiring managers from the host country? a. Geocentric approach b. Polycentric approach c. Ethnocentric approach d. Parochial approach
Answer: b. Polycentric approach
These are Principles of Management Week 6 Assignment 6 Answers
Q10. Which of the following is a way of directly investing in the host country by a business which is looking to expand abroad? a. Exporting b. Licensing c. Franchising d. Foreign Subsidiary
Answer: d. Foreign Subsidiary
These are Principles of Management Week 6 Assignment 6 Answers
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