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A firm that is involved in two or more distinct businesses is known as:
Select correct option:

A diversified company
A ventured company
A restructured company
A multinational corporation
Organizations that exploit their distinctive competencies often attain above normal
economic performance and obtain
Distinctive competencies
Common strength
Competitive edge
Competitive parity
Which of the following describe(s) a global marketplace?

The entire world is a marketplace
National borders are irrelevant
The potential for organizations to grow expands dramatically
All of the given options
The __ of a strategy specifies the range of markets in which an organization will

compete
Scope
Distinctive Competency
Resource deployment
Effective strategy
When a manger made a decision and he is uncertain about the outcomes. His
decision is likely to be:
Of Poor Quality
Unacceptable
Successful
Risky
Non-programmed decisions are typically made under a condition of which of the

following?
Certainty
Low levels of risk
Uncertainty
Reliability
Which of the following is part of the 14 principles of management identified by Henri

Fayol?
Scalar chain
Innovation
Efficiency
Motivation
A well-designed goal should be:

Short and very specific about expected outcomes
Written in terms of outcomes rather than actions
Identifiable to even the first-line supervisors

Specific and within a manageable time frame
The threat of new entrants is the extent to which new competitors can easily enter a
market. Thus the threat of new entrants for a local restaurant than a automobile
company is
High
Low
Moderate
Equal
Which of the following BEST describes directional plans?

Flexible plans that set out general guidelines
Stringent plans that establish specific directions
Formal plans that provide the directions of how to assemble the product
General plans that allow the workers to change the schedule of production
SWOT analysis divides organizational strengths into two categories; common

strength and__.
Strategic imitation
Competitive edge
Competitive parity
Distinctive competencies
Planning is often called the primary management function because it:

Offers some basis for future decision making
Creates the vision for the organizational members
Establishes the basis for all the other functions
Sets the tone for the organizational culture
The organization that has developed the capacity to continuously learn, adapt, and
change is called:
Virtual organization
Learning organization
Traditional organization
Bureaucratic organization
Which of the following is important in effectively implementing the chosen alternative

in the decision-making process?
Getting upper-management support
Double-checking your analysis for potential errors
Allowing those impacted by the outcome to participate in the process
Ignoring criticism concerning your chosen alternative
Cultivating a learning culture where organizational members systematically gather

knowledge and share it with others in the organization so as to achieve better
performance is called:
Knowledge management
Technical management
Software management
Systems management
Which one of the following individuals is most closely associated with scientific
management?
Frederick Taylor
Mary Parker Follett
Harold Koontz
Max Weber
All of the following are steps in objective setting, EXCEPT.

Specify deadlines
Allow the employee to actively participate
Link rewards to effort
Prioritize goals

Concern for employee motivation is most closely associated with which of the
following management approach?
Bureaucracy
Organizational behavior
Scientific management
Systems
TCS represents what factor to the Pakistan Postal Service in its specific environment?
Competitor
Supplier
Customer
Government agency
An appropriate managerial behavior in a given situation that depends on a wide

variety of elements, is called:
Open system
Contingency perspective Not Sure
Entropy
Quantitative perspective
A budget is an example of which of the following plan?

Strategic plan
Single use plan
Informal plan
Standing plan
Which of the following is best described as doing something differently and has been
described as discontinuous or complementary change?
Entrepreneurship
Innovation
Variance
Enterprise
First-line mangers are responsible to report to:

Top level mangers
Middle-level mangers
Supervisors
Operational mangers
To run organization efficiently an organization need engineering skills as well as

managerial skills. This idea was given by:
Robert Owen
Charles Babbage
Henry Towne
W. Edwards Deming
Associations of different nations like European Union & NAFTA have been established
to:
Share the armies of each other
Stabilize the political systems
Promote open trade among nations
Discrepancy between existing and a desired state of affairs is called:

Opportunity
Solution
Weakness
Problem
Low level management has a complete authority to make decisions in case of:
Centralization
Decentralization
Scalar Chain
Order
Ali is a manager in a multinational organization. He believes that the employees of

the company are lazy and do not have much ambition. Ali can be classed
as_____ manager based on the perspectives of Douglas McGregor.
Theory Y
Bureaucratic
Theory X
Administrative
Which of the following is called an input to a system?

Materials
Products
Services
Employee behavior
When objectives are not written down or rarely verbalized, and the planning is
general and lacks continuity, which of the following types of planning is used?
Environmental planning
Economic planning
Informal planning
Formal planning
Which one of the following is an example of organization?

Hospitals
Colleges
Factories
The principle of “Division of Labor” was given by:

Frederick Taylor
Joseph Juran
Adam Smith
W. Edwards Deming
Which of the following types of plans is highly interdependent and must take into
account the resources and capabilities of the entire organization and its external
environments?
Operational plans
Strategic plans
Tactical plans
Budgetary plans
In some countries, such as Venezuela, titles, rank, and status carry a lot of weight.
These countries have a large:
Power distance
Uncertainty avoidance
Short- versus long-term orientation
Individualism versus collectivism
Plant managers come under which of following management levels?

First-line managers
Non-managerial employees
Middle managers
Top managers
At the very first stage of establishment, organizations are generally indulged in:
Planning
Organizing
Leading
Controlling
Feed Back of ____ is necessary to improve the quality of the product.

Customers
Employees
Investors
Which one of the following is weakness of MBO?

Requires training of employees

Coordination of goals and plans
Clarify priorities and expectation
Foster employee motivation
The process of monitoring performance, comparing it with goals and correcting any
significant deviations is known as:
Planning
Organizing
Leading
Controlling
Associations of different nations like European Union & NAFTA have been established
to:
Share the armies of each other
Stabilize the political systems
Promote open trade among nations

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vustudents.ning.

Which of the following describe(s) a global marketplace?

The __ of a strategy specifies the range of markets in which an organization will

Non-programmed decisions are typically made under a condition of which of the

Which of the following is part of the 14 principles of management identified by Henri

A well-designed goal should be:

Written in terms of outcomes rather than actions

Identifiable to even the first-line supervisors

Which of the following BEST describes directional plans?

SWOT analysis divides organizational strengths into two categories; common

Planning is often called the primary management function because it:

Which of the following is important in effectively implementing the chosen alternative

Cultivating a learning culture where organizational members systematically gather

All of the following are steps in objective setting, EXCEPT.

An appropriate managerial behavior in a given situation that depends on a wide

A budget is an example of which of the following plan?

First-line mangers are responsible to report to:

To run organization efficiently an organization need engineering skills as well as

Discrepancy between existing and a desired state of affairs is called:

Ali is a manager in a multinational organization. He believes that the employees of

Which of the following is called an input to a system?

Which one of the following is an example of organization?

The principle of “Division of Labor” was given by:

Plant managers come under which of following management levels?

Feed Back of ____ is necessary to improve the quality of the product.

Which one of the following is weakness of MBO?

Requires training of employees

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