Materials Management
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 level of management in ABC Retailers is responsible for implementing the plans and policies formulated by top management?
Option 1: Top management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: -
Correct Answer: Lower-level management
Solution : The correct answer is (c) Lower-level management
Lower-level management, also known as first-line or front-line management, is responsible for the actual execution of plans and policies within the various departments and teams of the organization. They ensure that the day-to-day operations align with the strategies and directions set by top management. While middle-level management may also play a role in implementing these plans, it's the lower-level managers and employees who are most directly involved in carrying out the tasks necessary to achieve the organization's goals.
Question : Case Study: ABC Manufacturing implements scientific management techniques. Which technique focuses on analyzing and simplifying work processes?
Option 1: Time study
Option 2: Motion study
Option 3: Method analysis
Option 4: Fatigue study
Correct Answer: Method analysis
Solution : The correct answer is (c) Method analysis
Method analysis, a technique in scientific management, involves analyzing and simplifying work processes to make them more efficient and effective. It entails a thorough examination of each step in a work process to identify unnecessary or time-consuming tasks. The goal is to optimize the sequence of steps, reduce wasteful activities, and streamline the workflow to enhance productivity and efficiency within the organization.
Question : Case Study: XYZ Electronics Pvt. Ltd.
XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.
Question:
Which function of a supervisor at XYZ Electronics involves guiding and supporting employees to achieve organizational objectives?
Option 1: Decision-making
Option 2: Controlling
Option 3: Coordination
Option 4: Leadership
Correct Answer: Leadership
Solution : The correct answer is (d) Leadership.
Leadership involves providing direction, motivation, and support to employees to help them work towards and achieve the goals and objectives of the organization. A good leader guides the team, sets clear expectations, motivates employees, and ensures that they are equipped with the necessary resources and knowledge to perform effectively and contribute to the success of the organization.
Question : Case Study: ABC Hospitality believes in empowering its employees to make decisions and take ownership of their work. This reflects the application of which principle of management?
Option 1: Unity of command
Option 2: Initiative
Option 3: Unity of command
Option 4: Order
Correct Answer: Initiative
Solution : The correct answer is (b) Initiative
Initiative involves encouraging employees to take proactive steps, show enthusiasm, and propose new ideas or improvements in their work. By empowering employees to make decisions and take ownership, ABC Hospitality is applying the principle of initiative.
In summary, ABC Hospitality empowering its employees to make decisions and take ownership of their work aligns with the principle of "initiative," as it encourages proactive behavior, creativity, and a sense of ownership among the workforce.
Hello,
Radiology management and technology is a field that combines the principles of radiology with the management and implementation of technology in healthcare settings. It focuses on areas such as imaging techniques, equipment maintenance, quality control, patient safety and workflow optimization.
For top colleges for Radiology, you can check the link below:
https://medicine.careers360.com/colleges/list-of-radiology-colleges-in-india
Hope this helps,
Thank you
Question : Case Study: ABC Apparel Company believes in treating its employees fairly and providing them with appropriate compensation. This aligns with which principle of management?
Option 1: Initiative
Option 2: Remuneration of personnel
Option 3: Unity of direction
Option 4: Division of labor
Correct Answer: Remuneration of personnel
Solution : The correct answer is (b) Remuneration of personnel
The principle of "Remuneration of personnel" emphasizes fairly compensating employees for their efforts and contributions to the organization. It involves providing appropriate wages, salaries, bonuses, incentives, and other forms of compensation to employees, ensuring they are fairly rewarded for their work. ABC Apparel Company's belief in treating its employees fairly and providing appropriate compensation aligns with this principle, demonstrating their commitment to valuing and rewarding their workforce.
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
Correct Answer: neutral
Solution : The correct answer is neutral.
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-neutral cricket match against Delhi Capitals on May 11.
Explanation:
Neutral is the only word that can fill the space and still make sense of the sentence. It means remaining impartial; not supporting or aiding either side in a dispute, conflict, etc.
Meaning of the rest of the words
Discourteous - behavior that demonstrates a lack of courtesy and consideration for others.
Barbarous - means brutally harsh.
Rouse- bring out of sleep; awaken..
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
Correct Answer: Economic objective
Solution : The correct answer is (a) Economic objective
The economic objective of management is primarily concerned with the financial performance and profitability of the organization. It involves managing resources and operations to ensure the company's economic well-being, which includes maximizing revenue, minimizing costs, and generating profits. While other objectives, such as the social objective or organizational objective, are important, the economic objective is a fundamental focus for most businesses, including retailers, to ensure their financial sustainability.
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 prescribed method, considering various factors like fatigue, delays, and allowances. ABC Retail Corporation adopting time study aligns with the intention to enhance productivity by analyzing and optimizing the time taken for various tasks within their operations.
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