Question : Planning is required in all types of organisation and at all levels of management. Identify the statement and choose the correct answer.

Option 1: Planning is futuristic

Option 2: Planning is pervasive 

Option 3: Planning is mental process

Option 4: Planning focuses on achieveing objective

Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.

Cricket is not just considered a sport in India; it’s a passion, an emotion, and often 1) _________________ into a religion! But just like any other activity, the larger the scale, the greater is its ecological 2) _________________.

3) _________________ suggest that amount of water needed to maintain a cricket pitch – at roughly 20,000 litres per day – can serve the daily drinking water needs of around 2,600 people. So, this is one of the reason that the board that controls cricket in India and its most-popular league are looking at ways to 4) _________________ some environmental impacts related with the country’s most loved sport.
One of the step taken in order to contribute for the same happened on May 9, 2022, when Rajasthan Royals joined hands with the energy management and automation firm Schneider Electric to host the first carbon-5) _________________ cricket match against Delhi Capitals on May 11.

 Choose the correct word to be used in blank 5.

Option 1:  neutral
 

Option 2: discourteous
 

Option 3: barbarous
 

Option 4: rouse

Question : Identify the principle of management in the below case.
The management of all the organisation should promote a team spirit of unity and harmony among employees.
 

Option 1: Scalar chain
 

Option 2: Espirit de corps
 

Option 3: Unity of direction
 

Option 4: Stability of personnel.
 

Question : All the functions of management are performed by the managers on  continuous basis. This shows us which characteristic of management?

Option 1:  Continuous process

Option 2:  Dynamic function

Option 3:  Intangible force

Option 4: Group activity

Question : Assertion: Marketing management focuses on delivering customer value and satisfaction.

Reason: Marketing management is solely about increasing sales volume.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Which of the statement is true?
Statement 1- Healthy working condition is a personal objective of management.
Statement 2- Quality product at fair price is an organisational objectives.
 

Option 1: Both are true 
 

Option 2: Both are false 
 

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

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

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.

Which objective of management focuses on achieving the financial goals of ABC Retailers?

Option 1: Economic objective
 

Option 2: Social objective
 

Option 3: Organizational objective

Option 4: Personal objective

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 : It will enable managers to learn from past mistakes and conserve time by solving recurring problems quickly. The given statement shows which significance of principle of management?
 

Option 1: Optimum utilisation of resources and effective administration.

Option 2: Meeting changing  environment requirements.

Option 3: Providing managers with useful insights into reality.

Option 4: None of the above

Question : Which of the following do not consist of top level management?

Option 1: President

Option 2: Vice president

Option 3: Chairman

Option 4: Production manager