Management
Question : Select the most appropriate option to substitute the underlined segment in the following sentence. The newly admitted students has been given a pair of uniforms by the management.
Option 1: are been given a pair
Option 2: has given a pair
Option 3: have been given a pair
Option 4: have being given a pair
Correct Answer: have been given a pair
Solution : The correct option is the third option.
Explanation: The subject in the sentence is "newly admitted students" which is a plural noun phrase. The verb "has been" in the original sentence is singular and does not agree with the plural subject.
Question : Case Study 79
JKL Corporation is a company that has recently executed trades on a stock exchange. The company's management is reviewing the trading procedure.
Question :
What is the trading procedure that matches buy and sell orders at the best available price?
Option 1: Market order
Option 2: Limit order
Option 3: Stop order
Option 4: Auction method
Correct Answer: Market order
Solution : The correct answer is (a) Market order
The trading procedure that matches buy and sell orders at the best available price is a "market order." A market order is an order to buy or sell a security immediately at the best available current market
Question : Case Study 32
RST Enterprises is a conglomerate that wants to trade its shares on a stock exchange. The company's management is in the process of selecting a brokerage firm.
What is the process called when RST Enterprises evaluates different brokerage firms to facilitate its share trading?
Option 1: Opening a demat account
Option 2: Dematerialization
Option 3: Placing an order
Option 4: Selection of brokers
Correct Answer: Selection of brokers
Solution : The correct answer is (d) Selection of brokers
The process where RST Enterprises evaluates different brokerage firms to facilitate its share trading is called selection of brokers. During this process, the company assesses various brokerage firms based on their services, fees, reputation, reliability,
Question : Read the passage given below and then answer the questions given below the passage. Some words may be highlighted for your attention. Read carefully.
Billionaire Mukesh Ambani's telecom venture Reliance Jio Infocom is planning to foray into automobile telematics with the launch of a device that will control vehicle's movement and alert owner about fuel and battery through a mobile app. "Reliance Jio is ready with a car connected device that will have multiple features like immobilize car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car, The owner needs to use Jio sim in the device to avail benefits." an industry source said. The company is in advance talks with automobile companies to launch it very soon. "There are lots of factors that determine price, but price of the car connected device is estimated to be either equal to or less than its Jio's wifi device which costs around Rs 2,000," the source said. With help of Jio's car management device, the owner will get information about the way his driver is driving the car, the movement of vehicle can be restricted within a geography, switch on AC of car from any remote location, get alert of car break etc. "Jio is working on the modalities on its sales model for the existing cars as well" the source said. The device and application has been internally developed by Jio but the hardware device will be initially imported from China. "Jio has asked its device vendor to start making it in India after initial rollout," the source said. Besides this, the company is also scaling up its fibre to the home project for which it is running pilot in some cities including Delhi and Mumbai. "With Fibre to the home, Jio will focus on automatic entire home from entertainment to home surveillance to utility management, the source said. Jio has touched a customer base 7.24 crore and claims to be adding 1 lakh mobile subscribers per day. The company has set target to cross 10 crore customers by March 31, 2017.
Question: Which of the following is ensured mostly through the use of JIO sim?
Option 1: Security
Option 2: Better models
Option 3: More entertainment
Option 4: More comfort
Correct Answer: Security
Solution : The correct answer is option 1.
Explanation
Reading over all the services that Jio may offer via the Jio sim, it can be deduced that everything will be incredibly safe, from a car's position to its immobility when stolen or managing things in a home.
Question : Taking the first step with self motivation is one of the traits of an intelligent person. Which of the following principles of management does the given statement indicate?
Option 1: Discipline
Option 2: Division of work
Option 3: Initiative
Option 4: Order
Correct Answer: Initiative
Solution : Initiative is a powerful motivator of human behaviour and a source of strength for the organisation. It Motivate employees to work better and they take more interest in the organisation.
Hence,option C is correct.
Question : The principles of management are mainly behavioural in nature.The given statement tell us about which nature of the principles of management?
Option 1: Mainly behavioural
Option 2: Contingent
Option 3: General guidelines
Option 4: Flexible
Correct Answer: Mainly behavioural
Solution : Management principles AIMS at influencing behaviour of human beings there for principles of management are mainly behavioural in nature.
Hence, Option A is correct.
Question : Anglo India Ltd. has an Operating Profit Ratio of 10%. To maintain this ratio at 15%, management may ____________.
Option 1: Increase selling price of Stock in-trade.
Option 2: Reduce Cost of Revenue from Operations.
Option 3: Increase selling price of Stock-in-Trade and to reduce Cost of Revenue from Operations.
Option 4: None of the above
Correct Answer: None of the above
Solution : Answer = All of the above If S.P. increases, the cost of Revenue from operations Reduces, firm's Net profit will improve. So, in all cases, ROI would increase. Hence, the correct option is 4.
Question : The directing function of management is primarily concerned with:
Option 1: Setting organizational goals
Option 2: Allocating resources
Option 3: Guiding and supervising employees
Option 4: Evaluating performance
Correct Answer: Guiding and supervising employees
Solution : The correct answer is (c) Guiding and supervising employees.
The directing function of management is primarily concerned with guiding and supervising employees. It involves providing clear instructions, guidance, and support to employees to ensure that they understand their roles, responsibilities, and tasks.
Question : Pune-based Zomato Ltd. is a maker of electronics products. It deals in both laptops and mobile phones in addition to products like books, musical instruments, videotapes, etc. The business was organised functionally, with separate divisions for production, marketing, and finance. The products were being looked after by all the functional heads, while occasionally their tasks crossed over. Conflicts between departments and issues with cooperation resulted from this. Rahul, the CEO of the company, chose to categorise computers and mobile phones under "consumer electronics" and books, musical instruments, videotapes, and other items under "Media" to facilitate specialisation. Rahul has completed a task related to one of the management functions in the process. Determine the action.
Option 1: Identification and division of work
Option 2: Departmentalisation
Option 3: Assignment of duties
Option 4: Establishing authority and reporting relationships
Correct Answer: Departmentalisation
Solution : Grouping similar and related jobs into larger units called departments, divisions or sections and placing them under a department head. It facilitates specialization. – The departments are linked together and are interdependent. Hence, the correct option is 2.
Question : Assertion: Fayol's principles of management form a guideline for managerial decision-making.
Reason: They provide a framework for effective management practices.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion that Fayol's principles of management form a
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