Question : Which management function involves communicating with employees to understand their grievances and providing suggestions to achieve organizational goals?

Option 1: Planning
 

Option 2: Organizing
 

Option 3: Controlling

Option 4: Directing

Question : Read the following statements of Assertion (A) and Reason(R) and choose thecorrect alternative:
Assertion (A): The principles of management are intended to establish relationship between cause and effect.
Reason (R): They cannot be used in similar situation in a line number of cases.

Option 1: Both A and R correct and R is the correct explanation of A.

Option 2: A is correct and R is wrong.

Option 3: A is wrong and R is correct

Option 4: Both A and R are correct but R is not the correct explanation of A.

Question : The "3 R's" in waste management stand for:

Option 1: Reduce, Recycle, Reuse

Option 2: Remove, Reclaim, Restore

Option 3: Recover, Resupply, Refill

Option 4: Replace, Refurbish, Repurpose

Question : Which of the following statement is correct for the management as a science? 

Option 1: It has restricted entry. 

Option 2: It has an ethical code of conduct. 

Option 3: It has a systematised body of knowledge. 

Option 4: All of the above

Question : Statement 1: The primary objective of management is to maximize profits.

Statement 2: The primary objective of management is to achieve organizational goals efficiently.

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 : If the contractor himself decides to leave the organisation all the workers employed through him will follow suit. Which external source of recruitment demerit 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

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 : 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.

Question :

What is the primary regulatory role of SEBI?

Option 1: Allocating resources to companies
 

Option 2: Facilitating trading on stock exchanges
 

Option 3: Protecting the rights of investors

Option 4: Providing loans to companies

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.

Question : 

What role does the selected brokerage firm play in the trading process for RST Enterprises?

Option 1: Matching buy and sell orders
 

Option 2: Transferring ownership of shares
 

Option 3: Facilitating transactions

Option 4: Listing on stock exchange

Question : Which of the following statement is correct?
Statement 1- Manpower planning belongs to staffing function of management.
Statement 2- Division of activities and creation of organisational structure belongs to organising function of management.
 

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.