Question : Which management function involves determining organizational goals and the means to achieve them?

Option 1: Planning
    

Option 2: Organizing
  

Option 3: Controlling

Option 4: Directing

Question : Which of the following is a feature of scientific management?

Option 1: Emphasis on individual creativity

Option 2: Decentralized decision-making

Option 3: Continuous improvement approach

Option 4: Subjective performance evaluation

Question : Read the passage given below and answer the question that follows:
Once upon a time, a psychology professor walked around on a stage while teaching stress management principles to an auditorium filled with students. As she raised a glass of water, everyone expected they'd be asked the typical "glass half empty or glass half full" question. Instead, with a smile on her face, the professor asked, "How heavy is this glass of water I'm holding?" Students shouted out answers ranging from eight ounces to a couple of pounds. She replied, "From my perspective, the absolute weight of this glass doesn't matter. It all depends on how long I hold it.

If I hold it for a minute or two, it's fairly light. If I hold it for an hour straight, its weight might make my arm ache a little. If I hold it for a day straight, my arm will likely cramp up and feel completely numb and paralyzed, forcing me to drop the glass to the floor. In each case, the weight of the glass doesn't change, but the longer I hold it, the heavier it feels to me." As the class shook their heads in agreement, she continued, "Your stresses and worries in life are very much like this glass of water. Think about them for a while and nothing happens. Think about them a bit longer and you begin to ache a little. Think about them all day long, and you will feel completely numb and paralyzed incapable of doing anything else until you drop them."

Question:
What is the moral of the passage?
 

Option 1: On days when you're stressed out and feeling overwhelmed, learn to embrace the inevitable and let go
 

Option 2: Friends come in all shapes and sizes
 

Option 3: Don't condemn someone for not doing something that you yourself are unable to do
 

Option 4: True friends do not distinguish between rich and poor

Question : The Management is interested to know, from financial statement analysis: 

Option 1: Liquidity.

Option 2: Efficiencies.

Option 3: Profit.

Option 4: None of the above

Question : Case Study 82

XYZ Enterprises is a startup that aims to trade its shares on a stock exchange. The company's management is reviewing the concept of executing an order.

Question : 

What step immediately follows the execution of a trade order?

Option 1: Placing an order
 

Option 2: Dematerialization
 

Option 3: Settlement

Option 4: Opening a demat account

Question : What is the primary goal of directing in the management process?

Option 1: To establish goals and objectives

Option 2: To organize resources and tasks

Option 3: To monitor performance and take corrective action

Option 4: To guide and motivate employees towards achieving organizational goals

Question : Case Study 71

LMN Enterprises is a startup aiming to raise funds for its expansion into international markets. The company's management is considering different methods of raising funds from the capital market.

Question : 

If LMN Enterprises chooses to issue new shares to its existing shareholders, what is this method called?

Option 1: IPO (Initial Public Offering)
 

Option 2: Private Placement
 

Option 3: Rights Issue

Option 4: Follow-on Public Offering (FPO)

Question : Fill in the blanks-
_________ means the transfer of ownership, management, and control of public sector enterprises to private enterprises.
 

Option 1: Liberalisation
 

Option 2: Privatisation
 

Option 3: Globalisation
 

Option 4: None of the above.
 

Question : Case Study: XYZ Motors believes in treating employees with kindness and fairness while maintaining firmness. Which principle of management does this represent?

Option 1: Unity of direction

Option 2: Order

Option 3: Unity of command

Option 4: Kindliness and justice

Question : It is the process of obtaining and maintaining capable and competent people to fill all positions from top to bottom. Which management function is highlighted in the given statement?

Option 1: Planning

Option 2: Staffing

Option 3: Organising

Option 4: Directing