Management
Question : Case Study: ABC Retail Corporation adopts scientific management techniques to enhance productivity. Which technique focuses on measuring the time taken to complete a specific task?
Option 1: Method analysis
Option 2: Fatigue study
Option 3: Time study
Option 4: Motion study
Correct Answer: Time study
Solution : The correct answer is (c) Time study
Time study is a scientific management technique that focuses on measuring the time taken to complete a specific task. It involves analyzing and recording the time required by a skilled worker to perform a task using a
Question : Case Study 73
RST Inc. is a technology startup aiming to raise funds for its research and development projects. The company's management is considering the trading procedures on a stock exchange.
Question :
After a trade is executed, how long does it typically take for settlement to occur?
Option 1: 1 business day
Option 2: 3 business days
Option 3: 7 business days
Option 4: 10 business days
Correct Answer: 3 business days
Solution : The correct answer is (b) 3 business days
The typical time it takes for settlement to occur after a trade is executed on a stock exchange is 3 business days. This period is often referred to as "T+3," where "T" represents the trade
Question : Case Study 80
LMN Corporation is a well-established company planning to raise funds for its expansion projects. The company's management is considering the regulatory functions of SEBI.
How does SEBI protect the rights of investors?
Option 1: By issuing new shares
Option 2: By regulating credit rating agencies
Option 3: By preventing fraudulent activities
Option 4: By setting interest rates
Correct Answer: By preventing fraudulent activities
Solution : The correct answer is (c) By preventing fraudulent activities
SEBI (Securities and Exchange Board of India) protects the rights of investors primarily by preventing fraudulent activities in the securities market. It regulates and supervises the securities market to ensure fair and transparent
Question : They must be timely realistic and subject to measurement and evolution. Which significance of management is being discussed here?
Option 1: Providing managers with useful insights into reality
Option 2: Meeting changing environment requirements
Option 3: Effective administration
Option 4: Scientific decisions
Correct Answer: Scientific decisions
Solution : Decisions based on management principles tend to be more realistic and free from personal bias. Principles of management has been developed after repeated experimentation.
Hence, Option D is correct.
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.
Which objective of management focuses on achieving personal goals and aspirations in XYZ Tech Solutions?
Option 1: Economic objective
Option 2: Social objective
Option 3: Organizational objective
Option 4: Personal objective
Correct Answer: Personal objective
Solution : The correct answer is (d) Personal objective
Personal objectives in management pertain to the individual goals and aspirations of employees within the organization. While individual goals are important, the primary objectives of the organization typically fall under economic, social, or organizational objectives. Economic objectives
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
The world is undergoing rapid changes in the knowledge landscape. With various dramatic scientific and technological advances, such as the rise of big data, machine learning, and artificial intelligence, many unskilled jobs worldwide may be taken over by machines, while the need for a skilled workforce, particularly involving mathematics, computer science, and data science, in conjunction with multidisciplinary abilities across the sciences, social sciences, and humanities, (1)________ increasingly in greater demand. With climate change, increasing pollution, and depleting natural resources, there will be a sizeable shift in how we (2)_______ the world's energy, water, food, and sanitation needs, again resulting in the need for new skilled labour, particularly in biology, chemistry, physics, agriculture, climate science, and social science. The growing (3)________ of epidemics and pandemics will also (4)_______ collaborative research in infectious disease management and development of vaccines, and the resultant social issues heighten the need for multidisciplinary learning. There will be a growing (5)__________ for humanities and art as India moves towards becoming a developed country as well as among the three largest economies in the world.
Question:
Select the most appropriate option to fill in the blank number 4.
Option 1: call off
Option 2: call in
Option 3: call out
Option 4: call for
Correct Answer: call for
Solution : The fourth option is the correct choice.
The sentence talks about the growing occurrence of epidemics and pandemics and how this will result in collaborative research. Call for is the correct option, as it means to demand or require, aligning with the need for
Question : Comprehension: In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank. Climatic disasters are (1)_______ increasingly common due to the effects of climate change. These disasters include extreme weather events such as hurricanes, tornadoes, floods, and droughts. To mitigate the effects of these disasters, it is essential to invest in disaster preparedness and (2)______ The impact of climatic disasters is not limited to the loss of life and property damage. For example, hurricanes can disrupt the oil and gas industry, leading to higher fuel prices and (3)_______ Floods can damage crops and infrastructure, leading to food shortages and disruptions to transportation systems. Rising temperatures can lead to more frequent heat waves, while changes in precipitation patterns can lead to more (4)_______ droughts and floods. Climatic disasters disproportionately affect vulnerable populations. Collaboration among governments, communities, and businesses is crucial for effective disaster preparedness and response. This involves investing in early warning systems, improving infrastructure and emergency services, and planning for post-disaster recovery. By taking a (5)_______ approach to disaster management, we can reduce the impacts of climatic disasters and build more resilient communities. Select the most appropriate option to fill in the blank 1.
Option 1: became
Option 2: becoming
Option 3: become
Option 4: becomes
Correct Answer: becoming
Solution : The second option is the correct choice.
The sentence discusses a current trend or ongoing process—how climatic disasters are becoming increasingly common. The present continuous tense, becoming is the most suitable choice to convey this sense of ongoing development.
Question : Assertion: Diversification of agricultural activities helps in the conservation of natural resources.
Reason: It encourages the adoption of sustainable practices like organic farming and water management techniques.
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.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Diversification of agricultural activities does help in the conservation
Question : Neeru-Meeru is a watershed management programme in the state of ______.
Option 1: Odisha
Option 2: Rajasthan
Option 3: Andhra Pradesh
Option 4: Maharashtra
Correct Answer: Andhra Pradesh
Solution : The correct answer is Andhra Pradesh.
The Water Conservation Mission (WCM) introduced the Neeru-Meeru (Water and You) campaign on May 1, 2000. This is an effort by the Andhra Pradesh government to reduce poverty and conserve water. The initiative's main goal is to
Question : Which of the following is not a feature of principles of management?
Option 1: Ethical considerations
Option 2: Specific to each organization
Option 3: Flexible and adaptable
Option 4: Universal applicability
Correct Answer: Specific to each organization
Solution : The correct answer is (b) Specific to each organization.
Principles of management are generally considered to be applicable across different organizations and industries. They are based on fundamental concepts and practices that have been observed and developed over time through the study
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