CvLTAELG1AAv7GMjp8RSaPGsvS8 MGT503 Solved Final Term Papers has been Uploaded |
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MGT503 Solved Final Term Papers has been Uploaded

Question No: 1    ( Marks: 1 )    – Please choose one

 Which of the following is NOT one of Fredrick Taylor’s four principles of management?

► Avoid cooperation with workers

► scientifically select and then train workers

► Divide work and responsibility

► Study tasks scientifically and develop best method to perform it

Question No: 2    ( Marks: 1 )    – Please choose one

 LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these mangers are playing?             

Liaison

► Leader

► Disseminator

► Spokesperson

Question No: 3    ( Marks: 1 )    – Please choose one

 Ali is a Branch Manager at Mutual Saving Bank. If he is an average middle manager, which of the following management activities is he likely to spend the greatest amount of time?

► Planning

► Controlling

► Leading

► Organizing

Question No: 4    ( Marks: 1 )    – Please choose one

 Which of the following acts as an unambiguous measure of the effectiveness of a business organization?

► Efficiency

► Employee satisfaction

► Increased revenues

► Profits

Question No: 5    ( Marks: 1 )    – Please choose one

 Manager’s interpersonal skills are known as:

► Understand and motivate others

► Coordinate interests and abilities

► Use necessary tools and procedures

► Establish the right connections



Question No: 6    ( Marks: 1 )    – Please choose one

 The managerial functions according to Fayola were :

► Organizing, staffing, commanding, coordinating and controlling

► Commanding, organizing, planning, coordinating and staffing

► Controlling, commanding, organizing, planning and leading

► Planning, organizing, commanding, coordinating and controlling

Question No: 7    ( Marks: 1 )    – Please choose one

 According to Maslow’s hierarchy of need, a healthy work environment is an example of which of the following need?

► Physiological

► Esteem

► Safety

► Social

Question No: 8    ( Marks: 1 )    – Please choose one

 Which of the following management perspective focuses on decision making, economic effectiveness, mathematical models and use of computers?

► Knowledge management

► Total quality management

► Marketing management

► Quantitative management

Question No: 9    ( Marks: 1 )    – Please choose one

 Daimler- Benz, an automobile manufacturer use realistic computer simulations to study collision damage to cars. These simulations give them precise information and avoid the costs of crashing so many test cars. Which of the following approach of management is helping them in reducing their cost?

► Management science

► Operations management

► Total quality management

Contingency perspective

Question No: 10    ( Marks: 1 )    – Please choose one

 Mega environment is also called:

► Open environment

► Close environment

► Flexible environment

► General environment

Question No: 11    ( Marks: 1 )    – Please choose one

 Environment made up of specific outside elements within which an organization interfaces in the course of conducting its business is called:

► Internal environment

► External environment

► The task environment

► The mega environment

Question No: 12    ( Marks: 1 )    – Please choose one

 Mega environment, that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called:

 

       The socio-cultural element

► The international element

► The economic element

► The legal-political element

Question No: 13    ( Marks: 1 )    – Please choose one

  The belief that a firm’s obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as:

► Ethical responsibility

► Social responsibility

► Social obligation

► Social responsiveness

Question No: 14    ( Marks: 1 )    – Please choose one

 A choice made from two or more alternatives is called:

► Support

► System

► Network

 Decision

Question No: 15    ( Marks: 1 )    – Please choose one

 Most of the time lower level management of organizations have to deal with problems which are:

► Satisfying

► Well-structured

► Non-programmed

► Ill-structured

Question No: 16    ( Marks: 1 )    – Please choose one

 Many decisions fail after the final choice because of the occurrence of which of the following?

 Decision criteria weights were incorrect

► People affected failed to accept the solution

► Satisfying occurred

► Choice was wrong

Question No: 17    ( Marks: 1 )    – Please choose one

 When an organization encounters a serious problem which needs to be solved immediately, it is called:

► Crisis problem

► Non- Crisis problem

► Opportunity problem

► Financial Problem

Question No: 18    ( Marks: 1 )    – Please choose one

 As managers move toward the organizational hierarchy, problems are more likely to become which of the following?

► Well-structured

Ill-structured

► Programmed

► Non-programmed

Question No: 19    ( Marks: 1 )    – Please choose one

 Us man authorized an additional $100,000 for the production of the new product.  The cost of the new product seems to be increased far beyond what was planned or even forecasted. However, Us man continues to support the project. He is engaged in which of the following?

► Availability heuristic

► Representative heuristic

► Escalation of commitment

► Optimal decision making

 

Question No: 20    ( Marks: 1 )    – Please choose one

 Which of the following refers to the concentration of decision authority at the top levels of the organizational hierarchy?

► Decentralization

► Departmentalization

► Centralization

► Formalization

Question No: 21    ( Marks: 1 )    – Please choose one

 In which of the following conditions forecasting is considered to be the most accurate?

► Try to predict non-seasonal events

► Complex forecasting methods are used

► The environment is rapidly changing

► More people are involved in the process

Question No: 22    ( Marks: 1 )    – Please choose one

 Which of the given element of an organization is supposed to perform to achieve the organizational goals?

► Government

► Customers

► Shareholders

► Workforce

Question No: 23    ( Marks: 1 )    – Please choose one

 Which of the following is the important point of Deming’s’ philosophy?

Collaboration among the members

► Achievement of Goals

► Well defined purpose

► Reduction of resource wastage

Question No: 24    ( Marks: 1 )    – Please choose one

 It was estimated by the chief engineer that the bridge will be accomplished within 3 years, whereas, the construction of bridge was completed at the end of year 2. Therefore, the construction of bridge is labeled as:

► Effective plan

► Targeted accomplishment

► Efficient completion

► Controlled resources

Question No: 25    ( Marks: 1 )    – Please choose one

 Increased importance of TQM gave emergence to the concept of employee empowerment that has made the ________ skill category mandatory for all managerial levels.

 Conceptual

► Interpersonal

► Technical

► Human

Question No: 26    ( Marks: 1 )    – Please choose one

 ‘Break-even Analysis’ is a means of earning profitable operations of the business through concrete calculations. Therefore, it falls under:

► Scientific management

► Behavioral management

► Management science

► Operation management

Question No: 27    ( Marks: 1 )    – Please choose one

 Which of the following management style is based on the universal perspective of management that describes one best approach to be adopted?

► All of the given options

► Classical management

► Behavioral management

► Quantitative management

Question No: 28    ( Marks: 1 )    – Please choose one

 How suppliers can generally influence the organizational activities?

► Impose environmental constraints

► Compel tariffs on the final goods

► Enforce use of specific technology

► Slow down the production process

Question No: 29    ( Marks: 1 )    – Please choose one

 Selection of students in the admission process of university is an illustration of:

► Structured decisions

► Ill-structured decisions

► Programmed decisions

► Non-programmed decisions

Question No: 30    ( Marks: 1 )    – Please choose one

 In order to identify the most efficient path for execution of activities, manager’s use:

► Linear programming

► PERT chart

► GANTT chart

► Scenario analysis

Question No: 31    ( Marks: 1 )    – Please choose one

 Which of the resource allocation technique gives more emphasis to allotment of time?

► Budgeting

► Scheduling

► Break even analysis

► Linear programming


Question No: 32    ( Marks: 1 )    – Please choose one

 All of the following are the parts of organization’s external environment, EXCEPT:

► Organizational cultures

► Target customers

► Company competitors

► Performance regulators

Question No: 33    ( Marks: 1 )    – Please choose one

 WTO appears to play an important role in monitoring and promoting:

► Provincial trade

► Global trade

► Regional trade

► National trade

Question No: 34    ( Marks: 1 )    – Please choose one

 Which of the following is the basic rule of brainstorming?

► Criticism is not allowed

► Ideas should be radical

► Improvement of ideas is encouraged

► Involvement of experts is mandatory

decision making 3 marks

 

Lecture 15 The Decision-Making Process: 
Rational decision making 5 marks

 

Lecture 16 Rational Models:

28 mcqs total from 2010 and 2009 mid paper
discus about scenario planning number 5

Lecture 21 Scenario planning
what is the basics things to identifying a problem number 5

Lecture 16th Step 1 is identifying a problem.

who is manager marks 3

 

what factor can considered for scheduling the organization activities(5)
how system help understand management(5)
what is greening management(3)

 

(total 44 marks)

1. Organizations operate under which environment (3 marks)
2. What is System and what is open and closed system (3 marks)
3. Managers have to deal with a lot of decision making, what of decision make at different situations in organization (5 marks)
4. What is Budgeting and what are he various budget techniques, elaborate (5 marks)

Many MCQS were from decision making so please prepare this chapter well, programmed/non programmed decision making
Risk, uncertainty, Certainty, bounded rationality.

 

Another Paper:

Crisis problem non-crises 3 number

Ans: _ 1. A crisis problem is a serious difficulty requiring immediate action.

2. A non-crisis problem is an issue that requires resolution, but does not simultaneously have the importance and immediacy characteristics of crises Lecture 16


Convergent thinking divergent thinking 3 numbers

 

Lecture 19th

A. Creativity requires both convergent and divergent thinking.

1. Convergent thinking is the effort to solve problems by beginning with a problem and attempting to move logically to a solution.

2. Divergent thinking is the effort to solve problems by generating new ways of viewing a problem and seeking novel alternatives.
Effective decision making 5 numbers

Lecture 15th

Steps in an Effective Decision-Making Process
how many stages of the decision problem 5
decision making and decision taking jays the auk question 3 marks ka

difference b/w group and individual decision making 5 marks

MCQS chaw see thy but 3 question fit thy

1- define formal and informal planning.

 

Lecture 22  Formal planning
2-importance of.

3. Managers have to deal with a lot of decision making, what of decision make at different situations in organization (5 marks)
4. What is Budgeting and what are he various budget techniques, elaborate (5 marks)

Lecture 21st

Risk, uncertainty, Certainty, bounded rationality.

 

1)- Scheduling .. 5 Marks

Lecture 21st

2)- Comparative Intelligence … 3 Marks
In general last 5 lessons

Dec 5, 2010 3rd Session

1. Importance of planning in management (5 marks)
2. Elements of Task Environment (5 marks)

Lecture 12th
3. what is Garbage Can Medal (3 marks)

Lecture 18th
4. Difference Between Open and Close systems (2 marks)

Q. Stages of problem identification?   Lecture 16th
Q. Being a manager how will you evacuate the effective decisions?
Q. What are the input resources of an organization?
 

 

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