Management
Question : Case Study:
XYZ Logistics believes in optimizing work processes by reducing unnecessary movements and actions. Which technique of scientific management is being applied here?
Option 1: Method Study
Option 2: Motion Study
Option 3: Time Study
Option 4: Fatigue Study
Correct Answer: Motion Study
Solution : The correct answer is (b) Motion Study.
Motion study is a fundamental technique of scientific management that involves analyzing and improving work processes to reduce unnecessary movements and actions, making the workflow more efficient and productive. It focuses on minimizing wasteful motions and optimizing
Question : The nature of management is influenced by:
Option 1: Government policies
Option 2: Economic conditions
Option 3: Technological advancements
Option 4: All of the above
Correct Answer: All of the above
Solution : The correct answer is (d) All of the above
Management is not isolated from external factors, and it is shaped by various influences, including government policies, economic conditions, and technological advancements. Let's briefly discuss each of these influences:
Government policies: The policies
Question : Case Study: XYZ Tech Solutions
XYZ Tech Solutions is a software development company known for its innovative products. The company is managed by three levels of management: top management, middle-level management, and lower-level management. XYZ Tech Solutions aims to be a market leader by providing cutting-edge technology solutions and excellent customer support.
The management function of organizing in XYZ Tech Solutions involves:
Option 1: Setting performance standards
Option 2: Allocating resources and assigning tasks
Option 3: Monitoring employee performance
Option 4: Guiding and motivating employees
Correct Answer: Allocating resources and assigning tasks
Solution : The correct answer is (b) Allocating resources and assigning tasks
Organizing is the management function that entails arranging resources, such as human resources, finances, and physical assets, and assigning tasks and responsibilities to ensure that the organization's objectives are achieved efficiently.
Question : Comprehension:
Read the given passage and answer the questions that follow.
Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for, acquiring material wealth. For every success story, there are, of course, dozens of failures. Traditional Indian firms have their strengths, but also their weaknesses, and of these perhaps the most debilitating are a lack of teamwork and a weakness for a quick profit. These reflect ingrained ways of thinking and planning, as does the distrust of anyone outside the family, which inhibits the adoption of modern practices of management. But such weaknesses are more than compensated for by the desire to succeed, which is probably more intense in India, given the omnipresent fear of poverty, the cut-throat competition for each opportunity, and the asphyxiating hold of hierarchy.
Question:
Select the most appropriate ANTONYM of the given word with reference to its usage in the passage.
Debilitating
Option 1: Enfeebling
Option 2: Crippling
Option 3: Invigorating
Option 4: Undermining
Correct Answer: Invigorating
Solution : The correct choice is the second option.
Debilitating means to make someone very weak, whereas, "invigorating" means to make one feel strong and full of energy. Thus, making it the correct antonym for the given word.
The meanings of the other options are as follows:
Question : What is the function of management determining in advance what is to be done and who is to do it?
Option 1: Organising
Option 2: Planning
Option 3: Staffing
Option 4: Directing
Correct Answer: Planning
Solution : Planning is the function of management determining advance what is to be done and who is to do it.
Hence, Option B is correct.
Question : The contractors keep themselves in touch with the labour and can provide required number of unskilled workers at short notice. Which external source of recruitment is highlighted in the given statement?
Option 1: Placement agencies and management consultants
Option 2: Labour contractors
Option 3: Advertising on television
Option 4: Web publishing
Correct Answer: Labour contractors
Solution : Under this method intermediaries is known as agents or label contractors are used for hiring unskilled and semi skilled workers.The contractors keep themselves in touch with the labour and can provide required number of unskilled workers at short notice.
Hence, option B is correct.
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.
The Question containing Inaapropriate or Abusive Words
Question lacks the basic details making it difficult to answer
Topic Tagged to the Question are not relevant to Question
Question drives traffic to external sites for promotional or commercial purposes
The Question is not relevant to User
And never miss an important update