Management
Question : Case Study 75
ABC Corporation is a well-known company with its shares listed on a stock exchange. The company's management is reviewing the concept of dematerialization.
Question :
In dematerialization, what replaces physical share certificates?
Option 1: Trading orders
Option 2: Dividend checks
Option 3: Electronic records
Option 4: Ownership deeds
Correct Answer: Electronic records
Solution : The correct answer is (c) Electronic records
In dematerialization, physical share certificates are replaced by electronic records. Dematerialization involves converting physical share certificates, which are paper-based, into an electronic format. The ownership and details of the shares are recorded electronically, and these electronic records
Question : Case Study 30
LMN Corporation is a conglomerate that has executed trades on a stock exchange. The company's management is preparing for the settlement process.
What does the settlement process involve after LMN Corporation executes trades on the stock exchange?
Option 1: Selecting a broker
Option 2: Matching buy and sell orders
Option 3: Transferring ownership and funds
Option 4: Opening a demat account
Correct Answer: Transferring ownership and funds
Solution : The correct answer is (c) Transferring ownership and funds
The settlement process, after LMN Corporation executes trades on the stock exchange, involves transferring ownership and funds. In this phase, the actual transfer of securities (ownership) and funds (money) occurs between the buyer
Question : Which of the following statement is correct? Statement 1- Functional foremanship is the extension of division of work. Statement 2- Derivation of management principles maybe a matter of science and their creative application is regarded as an art.
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.
Correct Answer: Both are true
Solution : Functional foremanship is the extension of division of work. Derivation of management principles maybe a matter of science and their creative application is regarded as an art. Hence option A is correct .
Question : Assertion: Fayol's principles of management are applicable to all types of organizations, irrespective of their size.
Reason: These principles are based on fundamental management practices.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion that Fayol's principles of management are applicable
Question : The waste water management technique that involves the use of micro - organisms to remove or neutralize pollutants from contaminated site is called:
Option 1: Bio sensor
Option 2: Bio magnification
Option 3: Bio remediation
Option 4: Bio concentration
Correct Answer: Bio remediation
Solution : The correct option is Bioremediation.
The approach of waste water management that involves the employment of microorganisms to remove or neutralise contaminants from polluted places is known as "bioremediation". Bioremediation uses microorganisms' inherent metabolic activities to break down or change contaminants into less dangerous
Question : The management of traditional property resources is crucial for:
Option 1: Accelerating the privatization of communal lands
Option 2: Ensuring the preservation of cultural and ecological heritage
Option 3: Promoting industrial expansion in rural areas
Option 4: Reducing the participation of local communities in resource management
Correct Answer: Ensuring the preservation of cultural and ecological heritage
Solution : The management of traditional property resources is crucial for ensuring the preservation of cultural and ecological heritage, as these resources are integral to the identity and sustainability of local communities.
Question : Which of the following management concepts has anything to do with planning?
Option 1: Discipline
Option 2: Authority and responsibility
Option 3: Unity of Command
Option 4: Initiative
Correct Answer: Initiative
Solution : Initiative refers to encouraging staff members to be proactive and take the initiative in their work. This principle is crucial for planning since it motivates staff to develop fresh concepts and strategies to increase effectiveness and productivity at work.
Hence, Option D is correct.
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GTIM is connected with Shobhit University in Meerut, Uttar Pradesh, which holds recognition from the UGC (University Grants Commission). AICTE (All India Council for Technical Education) approval adds authenticity to an institute. Yet, it's crucial to weigh other factors mentioned earlier before deciding to apply for admission.
Question : Which technique of scientific management aims to eliminate unnecessary diversity of products which results in savings of cost of label, machine and tools.
Option 1: Simplification of work
Option 2: Functional formanship
Option 3: Time study
Option 4: Motion study
Correct Answer: Simplification of work
Solution : Simplification refers to eliminating unnecessary variety,size and grades of the product manufactured by the organisation.
Hence, Option A is correct.
Question : Which force binds all the other functions of management?
Option 1: Staffing
Option 2: Directing
Option 3: Coordination
Option 4: Controlling
Correct Answer: Coordination
Solution :
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