Principles of Management | Week 6

Course Name: Principles of Management

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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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

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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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

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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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

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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Q8. __ is important for sustainability of an organization.
a. Volatility
b. Uncertainty
c. Complexity
d. Innovation

Answer: d. Innovation

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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These are Principles of Management Week 6 Assignment 6 Answers

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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

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These are Principles of Management Week 6 Assignment 6 Answers

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