Business Management - Study Mode

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[#611] Arrange the following phases of Hawthorne experiments in the right order. 1. Mica Splitting Test Room 2. Bank Wiring Observation Test Room 3. Experiments on Illumination 4. Relay Assembly Test Room 5. Personnel Counselling 6. Mass Interviewing Programme

(A) 3, 4, 1, 6, 2, 5

(B) 3, 2, 1, 6, 4, 5

(C) 3, 1, 2, 6, 5, 4

(D) 3, 4, 6, 2, 1, 5

Correct Answer

(A) 3, 4, 1, 6, 2, 5

[#612] The necessity of planning arises because of the fact that business organisation have to

(A) operate

(B) survive

(C) progress

(D) all of these

Correct Answer

(C) progress

[#613] Match the type of managerial decisions List I with the examples given in List II . List-I List-II a. Judgemental decisions 1. Daily routines and scheduled activities b. Adaptive decisions 2. Complex production and engineering problems c. Mechanistic decisions 3. Marketing, investment and personnel problems/td> d. Analytical decisions 4. Research and development and long-term corporate planning

(A) a-3, b-1, c-4, d-2

(B) a-2, b-4, c-1, d-3

(C) a-3, b-4, c-1, d-2

(D) a-1, b-2, c-3, d-4

Correct Answer

(C) a-3, b-4, c-1, d-2

[#614] Which of the following statement is incorrect?

(A) Management audit signifies evaluation of the effectiveness of the management and Its functional performance

(B) Ratio analysis is a synonym for cost profit volume analysis

(C) Budgetary control helps in delegation

(D) None of the above

Correct Answer

(B) Ratio analysis is a synonym for cost profit volume analysis

[#615] Match the items of List I with List II and choose the correct answer of combination. List-I (Critical Control Standards) List-II (Critical Points) a. Physical standards 1. Material cost per unit b. Cost standards 2. Labour hours per unit of output c. Revenue standards 3. Timing of production d. Program standards 4. Average sales per customer

(A) a-2, b-1, c-4, d-3

(B) a-2, b-1, c-3, d-4

(C) a-1, b-2, c-4, d-3

(D) a-4, b-1, c-3, d-2

Correct Answer

(A) a-2, b-1, c-4, d-3