Question : Case Study: ABC Retail Corporation aims to improve efficiency by optimizing work methods and eliminating unnecessary actions. Which scientific management technique is appropriate for this purpose?

Option 1: Time study

Option 2: Motion study

Option 3: Method analysis

Option 4: Fatigue study

Question : Select the most appropriate option to fill in the blank.

Many people may not find the rewards _______ with the time and effort required.

Option 1: collude

Option 2: coffer

Option 3: commensurate

Option 4: capable

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.

The management function of leading in ABC Retailers involves:

Option 1: Setting performance standards and measuring actual performance
 

Option 2: Guiding and motivating employees to achieve organizational goals
   

Option 3: Monitoring and evaluating employee performance

Option 4: Assigning tasks and responsibilities to employees

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 5.

Option 1: command

Option 2: extort

Option 3: demand

Option 4: claim

Question : Case Study: ABC Electronics encourages its employees to take the initiative and propose innovative ideas. This reflects the application of which principle of management?

Option 1: Unity of direction

Option 2: Order

Option 3: Initiative

Option 4: Discipline

Question : Which level of management is responsible for making decisions about the day-to-day operations of the organization?

Option 1: Top-level management
 

Option 2: Middle-level management
  

Option 3: Lower-level management

Option 4: Operational management

Question : Comprehension:

Read the given passage and answer the questions that follow.

Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for, acquiring material wealth. For every success story, there are, of course, dozens of failures. Traditional Indian firms have their strengths, but also their weaknesses, and of these perhaps the most debilitating are a lack of teamwork and a weakness for a quick profit. These reflect ingrained ways of thinking and planning, as does the distrust of anyone outside the family, which inhibits the adoption of modern practices of management. But such weaknesses are more than compensated for by the desire to succeed, which is probably more intense in India, given the omnipresent fear of poverty, the cut-throat competition for each opportunity, and the asphyxiating hold of hierarchy.

Question:
What has the Indian talent for acquiring material wealth led to?

Option 1: Commercial success, stagnation, innovation

Option 2: Adaptability, quick profit, opportunity

Option 3: Commercial success, innovation, adaptability

Option 4: Determination, team work, adventure

Question : Case Study 3:

MNO Inc. is a well-known conglomerate that is planning to diversify its business operations by acquiring other companies.

Question :

MNO Inc. is interested in acquiring other companies to diversify its business. Which market activity would be involved in this scenario?

Option 1: Treasury bill trading
 

Option 2: Commercial paper issuance
 

Option 3: Mergers and acquisitions

Option 4: Government bond trading

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 1.

Option 1: is

Option 2: are

Option 3: will be

Option 4: should be