Question : Statement 1: A matrix organizational structure enhances cross-functional collaboration.

Statement 2: It involves a tall hierarchy with multiple layers of management.

Option 1: Statement 1 is true, and Statement 2 is false.

Option 2: Statement 1 is false, and Statement 2 is true.

Option 3: Both Statement 1 and Statement 2 are true.

Option 4: Both Statement 1 and Statement 2 are false.

Question : What one of the following is untrue?

Option 1: Controlling is a function that has goals in mind.

Option 2: Controlling is a pervasive function.

Option 3: The final task of management is controlling.

Option 4: Only one cycle of the management process is completed by controlling, and the subsequent cycle's planning is enhanced.

Question : Case Study 76

DEF Enterprises is a startup planning to trade its shares on a stock exchange. The company's management is considering the importance of opening a demat account.

Question : 

What is a demat account used to hold in electronic form?

Option 1: Physical share certificates
 

Option 2: Gold and silver coins
 

Option 3: Cash and currency notes

Option 4: Securities and investments

Question : Which of the following statement is incorrect for the nature of principle of management?
 

Option 1: The extent of their applicability would vary with the nature of the organisation

Option 2: The principles are applicable to a government office.

Option 3: The principles are not applicable to a limited company where there are separate departments.

Option 4: None of the above.

Question : Statement 1: Effective management can lead to a competitive advantage for an organization.

Statement 2: It helps in delivering products and services more efficiently than competitors.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Case Study 84

DEF Ltd. is a well-established company planning to raise funds for its expansion projects. The company's management is considering the selection of a broker.

Question : 

What is the main role of a broker in the stock market?

Option 1: Regulating stock exchanges
 

Option 2: Issuing new shares
 

Option 3: Matching buy and sell orders

Option 4: Allocating resources to companies

Question : Which level of management is responsible for implementing the plans and policies of top management at the operational level?

Option 1: Top-level management
 

Option 2: Middle-level management
  

Option 3: Lower-level management

Option 4: Operational management

Question : Which of the following statement is incorrect?

Option 1: Management principles are flexible to adapt to dynamic business environment.

Option 2: Management decisions taken on the basis of principles includes bias and prejudice.

Option 3: The principles of management provide the managers with useful insights into real world  situations.
 

Option 4: None of the above

Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

ABC Retailers' management team believes in maintaining transparency and open communication with employees. This reflects the management principle of:

Option 1: Centralization
 

Option 2: Unity of direction
  

Option 3: Scalar chain

Option 4: Openness

Question : Case Study 85

GHI Corporation is a startup planning to trade its shares on a stock exchange. The company's management is reviewing the roles of stock exchanges.

Question : 

What is the function of a stock exchange that ensures transparency in trading and prevents fraudulent activities?

Option 1: Regulation of insider trading
 

Option 2: Providing loans to companies
 

Option 3: Allocation of resources

Option 4: Regulating credit rating agencies