F.Y B.COM
SEMESTER - 2
MID SEMESTER EXAMINATION
FUNCTIONAL MANAGEMENT
(FM)
50 MCQS
(1) "Management is the art of knowing what you want to do and then seeeing that it is done in the best and the cheapest way" who said this ? _______
(A) Stanley Vance
(B) Lawrence appley
(C) Taylor
(D) Elton mayo
(2) The Concept of scientific Mangament was given by
(A) Fredrick Taylor
(B) Henry fayol
(C) Eltion mayo
(D) Peter drucker
(3) Man, machhine, material, Information & capital are known as what in Production process?
(A) Input
(B) Output
(C) Process
(D) Transformation process
(4) The operative functions of personnel management do not cover -
(A) Procurement function
(B) Development function
(C) Controlling function
(D) Maintenance function
(5) The management of _______ resources is viewed as a system in which participants seek to attain both individuals and group goals.
(A) Human
(B) Strategic
(C) Capital
(D) Marketing
(6) Which feature belongs to Management as a Science?
(A) Experimentation and Observation
(B) Personal Skills
(C) Practical Knowledge
(D) Perfection through practice
(7) The main objective of _______ is to produce goods and services of right quality, quantity, at the right time and right manufacturing costs.
(A) Inventory management
(B) Material management
(C) Production Management
(D) None of the above
(8) Functions of Production management does not include:
(A) Routing
(B) Inventory control
(C) Follow-up
(D) Inspection
(9) Profession can be characterized as
(A) Existence of knowledge
(B) Professional association
(C) Acquisition of knowledge
(D) All of the above
(10) _______ means that a person should get orders and instructions from only one superior.
(A) Unity of direction
(B) Unity of command
(C) Unity of discipline
(D) Unity of remuneration
(11) In terms of financial incentives, Taylor applied the concept of _______ which gave high motivation to workers.
(A) Piece-wage rate system
(B) Merit Plans
(C) Differential Piece rate system
(D) None of the above
(12) According to _______ principle, each group of activities with the same objective must have one head one plan.
(A) Unity of direction
(B) Unity of command
(C) Unity of discipline
(D) Unity of remuneration
(13) _______ function is concern with securing adequate and equitable remuneration to personnel for their contribution to the attainment of organisational objectives.
(A) Equality
(B) Compensation
(C) Integration
(D) Maintenance
(14) Scope of Inventory is concerned with
(A) Carrying cost
(B) Price forecasting
(C) Quality management
(D) All the above
(15) Which feature is connected to Management as an Art?
(A) Universally accepted principles
(B) Cause and Effect Relationship
(C) Test of Validity and Predictability
(D) Goal-Oriented
(16) Management is ________
(A) Pure science
(B) Applied science
(C) Art
(D) Art & science both
(17) The different techniques covered under Inventory control are..
(A) ABC Analysis
(B) POQ Analysis
(C) XYZ Analysis
(D) All of the above
(18) Taylor is popularly known as...
(A) Father of General Management
(B) Father of Administrative Management
(C) Father of Scientific Management
(D) Father of Production Management
(19) _______ is defined as the function responsible for coordination of planning, sourcing, purchasing, moving, storing and controlling material in an optimum manner so as to provide a pre-decided service to the customer at a minimum cost
(A) Personnel Management
(B) Materials Management
(C) Production Management
(D) Inventory Management
(20) The principle 'Espirit de Corps' means
(A) Unity is Direction
(B) Unity of Command
(C) Union is Strength
(21) _______ oriented definition states that "Management is a process involving planning, organizing, staffing. directing, and controlling human efforts to achieve stated objectives in an organization
(A) Production
(B) People
(C) Decision
(D) Function
(22) _______ is a systematic body of knowledge pertaining to a specified field of study that contains general facts which explains a phenomenon.
(A) Science
(B) Art
(C) Science & Art both
(D) None of the above
(23) Management information systems (MIS)-
(A) Create and share documents that support day-today office activities
(B) Process business transactions (e.g., time cards, payments, orders, etc.)
(C) Capture and reproduce the knowledge of an expert problem solver
(D) Use the transaction data to produce information needed by managers to run the business
(24) Conversion of material from one form to another form is known as:
(A) Packing
(B) Production
(C) Loading
(D) Routine
(25) Management as _______ can simply be defined as systematic method of handling activities
(A) Discipline
(B) Process
(C) Group of people
(D) None of these
(26) The act of checking, regulating and verifying whether everything occurs in conformity with the plan that has been adopted is known as _______.
(A) Directing
(B) Controlling
(C) Co-ordinating
(D) Planning
(27) The full form of MRP is _______.
(A) Material Resource Planning
(B) Material Requirement Planning
(C) Market resource planning
(D) Money requirement planning
(28) According to _______ " Personnel management is the planning, Organizing, directing, and controlling of the procurement, Development, compensation, integration, maintenance and separation of human resources to the end that individual, Organizational and social Objectives are accomplished."
(A) Prof. Thomas G.
(B) Edward Flippo
(C) French
(D) None of the above
(29) Application of knowledge & skill to achieve desired results is a _______
(A) Science
(B) Art & science both
(C) Art
(D) None of the above
(30) Just in time referred to
(A) No inventory
(B) Material in stock
(C) Right quality of Materials
(D) Right quantity of Materials
(31) Which among the following is one of the characteristics of science ?
(A) Universally accepted principles
(B) Perfection through practice
(C) Ethical codes
(D) Goal oriented
(32) Inventory refers to the _______
(A) purchase material
(B) ordered material
(C) dispatched material
(D) material in stock
(33) _______ has defined personnel management as "the planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are accomplished.
(A) John Mee
(B) Edward Flippo
(C) Lawrence
(D) Prof. Jucius
(34) ________ management involves physical control of materials, preservation of stores, minimization of obsolescence and damage through timely disposal and efficient handling, maintenance of stores records, proper location and stocking.
(A) Stores
(B) Maintenance
(C) Production
(D) Personnel
(35) Which among the following is not the basic activities of material management.
(A) Anticipating material requirement
(B) Financial planning
(C) Monitoring the status of inventory
(D) Obtaining the materials
(36) ________ determines the most advantages path to be followed from one department to other and from one machine to other till raw material get its final shape.
(A) Routing
(B) Scheduling
(C) Dispatching
(D) Methods
(37) _______ consists of motivating, supervising, quiding, and leadership.
(A) Planning
(B) Organizing
(C) Directing
(D) Controlling
(38) Fayol's which principle is for establishing team work ?
(A) Initiative
(B) Order
(C) Espirit-De-Corps
(D) Equity
(39) Which function of personnel management is concerned with employing people who possess necessary skill, knowledge and aptitude :
(A) Maintenance
(B) Compensation
(C) Procurement
(D) Participation
(40) Which concept refers to the moving of materials from the store room to the machine and from one machine to the next during the process of manufacturing?
(A) Material Handling
(B) Material purchasing
(C) Plant layout
(D) None of the above
(41) "Management is the art of knowing what you want to do and then seeing that it is done in the best and cheapest way. "This definition was propounded by _______.
(A) Stanley Vance
(B) Lawrence Apploy
(C) Taylor
(D) Mc Farland
(42) In the present day context, the term management is used in three alternate ways which is Management as a ________ group of people and as a process.
(A) economics
(B) discipline
(C) anthropology
(D) science
(43) Scientific management was concerned essentially with improving the efficiency at the ______ level.
(A) top
(B) middle
(C) operative
(D) none of these
(44) The concept of scientific management was given by
(A) Frederick Taylor
(B) Henry Fayol
(C) Elton Mayo
(D) Peter Drucker
(45) The act of checking, regulating and verifying whether everything occurs in conformity with the plan that has been adopted is known as _______
(A) planning
(B) controlling
(C) organizing
(D) directing
(46) _______ means that a person should get orders and instructions from only one person.
(A) Unity of Direction
(B) Unity of command
(C) Centralization
(D) Decentralization
(47) The _______ function deal with improving the physical conditions of employees.
(A) procurement
(B) development
(C) integration
(D) maintenance
(48) The full form of MRP is _______
(A) Material Resources Price
(B) Money Requirement Planning
(C) Market Resources Planning
(D) Material Requirement Planning
(49) The Primary function of material management does not include
(A) Material Requirement planning
(B) Quality control of materials
(C) Inventory Planning and Control
(D) Make and Buy Decisions
(50) According to _______ planning is a trap laid to capture the future.
(A) Edward flippo
(B) Prof. Thomas G. Spates
(C) Prof. Jucius
(D) Allen
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