Principles of Management | Week 6
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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: a. To make a reasonable profit
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: c. Ethnocentric 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
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These are Principles of Management Week 6 Assignment 6 Answers
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