F.Y B.COM
SEMESTER - 2
FUNCTIONAL MANAGEMENT
(FM)
MCQS = FEBRUARY - 2019
1. Management is _______
a) Pure science
b) Applied science
c) Art
d) Both Art and Science
2. Which among the following features Would support the statement that Management is a profession?
a) Existence of knowledge
b) Professional Association
c) Acquisition of knowledge
d) Ethical codes
3. In which order the following functions of the management are performed?
A) Organizing, B) Controlling, C) Planning, D) Directing
a) A, B, C, D
b) C, A, D, B
c) C, D, A, B
d) C, A, B, D
4. “Management is the art of getting things done through and with formally organized group". This definition has been given by:
a) Peter Drucker
b) Henry Fayol
c) Harold Koontz
d) F.W. Taylor
5. Who is the author of this book ‘General and Industrial Management’ (Administration Industrially at General)?
a) Oliver Sheldon
b) Henry Fayol
c) Chester Barnard
d) Taylor
6. Who was the first management thinker to provide the basic foundation of modern management theory?
a) G.R. Terry
b) Luther Gullick
c) F.W. Taylor
d) Henry Fayol
7. Management as a system emphasizes on _______ perspective.
a) closed system
b) Open system
c) Socio - technical system
d) None of the above
8. The principle that a subordinate should receive order and be responsible to only one boss is known as:
a) Unily of command
b) Unity of direction
c) Span of control
d) Espirit-de-corps
9. Which of the following principles of management identified by Henri Fayol states that Promoting team spirit will give the organization sense od unity?
a) Equity
b) Espirit de Corps
c) Discipline
d) Initiative
10. Which of the following Fayol's principles of management aims at avoiding the possibility of conflicting orders?
a) Well-defined hierarchy of authority
b) Unity of command
c) Authority on par with responsibility
d) Downward delegation of authority
11. The term _______ refers to one of Fayol's fourteen principles of management, which states that materials and people should be in the right place at the right time.
a) Discipline
b) Order
c) Initiative
d) Equity
12. Which principle of management emphasizes replacement of ‘rule of thumb’ method?
a) Decision Theory
b) Administrative Theory
c) Scientific Management Theory
d) Contingency Theory
13. “Management is the art of knowing exactly what you want to do and seeing that it is done in the best and cheapest way.” Who has given this definition?
a) Koontz
b) F. W .Taylor
c) Henry Fayol
d) Mc Farland
14. Which of the following is not one of Fayol's Principles of management?
a) Division of work
b) Remuneration
c) Equity
d) well defined hierarchy
15. The founder of scientific management movement was:
a) Henry Fayol
b) F. W. Taylor
c) Elton Mayo
d) M. P. Folett
16. The main aspects of Personnel Management include
a) The welfare aspect
b) The labour aspect
c) Industrial Relations Aspect
d) All of the above
17. The _______ aspects of personnel management is concerned with trade union negotiation, settlement of industrial disputes, joint consultation and collective bargaining
a) The welfare aspect
b) The labor aspect
c) Industrial Relations Aspect
d) All aspects mentioned above
18. The different techniques covered under Inventory control are:
a) ABC Analysis
b) EOQ Technique
c) XYZ Analysis
d) All of the above
19. _______ function is concerned with obtaining a proper kind and number of personnel necessary to accomplish organization's goals.
a) Development
b) Procurement
c) Maintenance
d) Integration
20. ________ function is concerned with the attempt to effect a reasonable reconciliation of individual, societal and organization interests.
a) Procurement
b) Compensation
c) Maintenance
d) Integration
21. ________ is a part of organization which is concerned with the transformation of range of Inputs into the required output having the requisite quality level
a) Production function
b) Marketing function
c) Human Resource Function
d) Finance Function
22. _________ 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) Production Management
c) Materials Management
d) Inventory Management
23. It is that phase of management which deals with the effective use and control of manpower as distinguished from other sources of power. Which concept is referred here?
a) Materials Management
b) Inventory Management
c) Personnel Management
d) Production Management
24. Which of the following activity is not covered under personnel management?
a) Managing the stock of material
b) Attracting people by giving rewards
c) Retaining employees by improving work environment
d) Motivating employees to perform better
25, Who has given the catchword “PODSCORB”.
a) Henry Fayol
b) F. W. Taylor
c) Peter drucker
d) Luthar gullick
26. Which concept of inventory planning argues that materials should be purchased and brought in the stores just before it enters the production or sold out so that inventory cost is negligible?
a) ABC analysis
b) XYZ analysis
c) just in Time
d) All of the above
27. Inventory control of raw material, purchased goods and finished goods are the responsibility of which department?
a) Material Management
b) Production Management
c) Sales Department
d) All of the above
28. The Operative functions of Personnel Management does not cover ______
a) Procurement function
b) Controlling function
c) Development function
d) Maintenance function
29. _________ is a technique used to plan the materials starting from raw materials, finished parts and components. sub-assemblies as per bills of materials to produce or procure them to support a Master Production Schedule
a) Human Resource Planning
b) Material Resource Planning
c) Inventory Resource Planning
d) Sales force Planning
30. ________ functions is concerned with securing adequate and equitable remuneration to personnel for their contribution to the attainment of organizational objectives.
a) Procurement
b) Compensation
c) Maintenance
d) Integration
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