FUNCTIONAL MANAGEMENT - FEBRUARY 2020 MCQS - Study For Buddies

Wednesday, May 26, 2021

FUNCTIONAL MANAGEMENT - FEBRUARY 2020 MCQS

F.Y B.COM
SEMESTER - 2


FUNCTIONAL MANAGEMENT
(FM)
MCQS - FEBRUARY 2020

1. Our economic system based on monetary exchange has three distinct flows like goods flow, _______ and information flow.

A. Method
B. Money
C. Market
D. Material

2. Which of the following is not among the levels of management?


A. Middle Level Management
B. Lower Level Management
C. Intermediate Level Management
D. Top Level Management

3. In which order the following functions of the management are performed?

a) Organizing
b) Controlling
c) Planning
d) Directing


A. c, a, d, b
B. a, b, c, d
C. c, d, a, b
D. c, a, b, d

4. The style of singing of Arjit Singh and Honey Singh are different to each other, however they acquire same knowledge of ragas. Identify the feature of art discussed above.

A. Existence of theoretical knowledge
B. Based on practice and creativity
C. Personalized Application
D. Universal Validity

5. Which one of the following statement is not true?

A. Management is also meant making decisions at various level
B. Management integrates various resources of the organization
C. Without objective it becomes easy to define direction of the organization
D. Management is a process of organized activities

6. The following is not a function of Personnel Management.

A. Training and Development
B. Wage and Salary Administration
C. Production, Planning and Control
D. Recruitment and Selection

7. According to ________ the life of a manager is a perpetual decision-making activity.

A. J.N.Schulze
B. Peter Drucker
C. Harold Koontz
D. S.George

8. __________ is regarded as father of scientific management.

A. FW Taylor
B. Henry Fayol
C. Peter Drucker
D. Edwin Flippo

9. _______ is obedience application, energy, behaviour and outward mark of respect shown by employers.

A. Discipline
B. Unity of Direction
C. Remuneration of Personnel
D. Unity of Command

10. Men comes in ___________ part of schematic production system.

A. Continuous
B. Output
C. Process
D. Input

11. Which of the following is not a Management Principle?

A. Discipline
B. Creativity
C. Equity
D. Order

12. _________ is called as an idle resource of an enterprise.

A. Laborer's
B. Capital
C. Inventory
D. Finance

13. FW Taylor introduced the concept of __________ which motivated the workers to work hard.

A. Time Rate System
B. Piece Rate System
C. Differential Piece Rate System
D. Combined Rate Method

14. The _______ is a statement of which end items are to be produced, their quantity and the dates are to be completed.

A. Inventory Record
B. MRP
C. MPS
D. Bills of Material

15. Which function of Material Management ensures that the system and procedure adopted for Material Management are efficient?

A. Quality Control of Materials
B. Standardization and Simplification
C. Design and Development of Product
D. Departmental Efficiency

16. The time period between placing an order its receipt in stock is known as __________.

A. Over time
B. Carrying time
C. Shortage time
D. Lead time

17. Which one of the following is not the secondary function of Material Management ?

A. Standardization & Specification
B. Make or Buy decision
C. Forecasting and Planning
D. Purchasing

18. "Buffer Stock " is the level of stock _________

A. Half of the actual stock
B. Maximum stock in inventory
C. Minimum stock level below which actual stock should not fall
D. At which the ordering process should start

19. Identify the correct pairs.

1.People Oriented definition

a. McFarland

2. Production Oriented definition

b. Lawerence Appley

3. Decision Oriented definition

c. Taylor

4. Function Oriented definition

d. Stanley Vance


A. (1-b) (2-c) (3-d) (4-a)
B. (1-c) (2-b) (3-d) (4-a)
C. (1-4) (2-c) (3-d) (4-b)
D. (1-b) (2-c) (3-d) (4-c)

20. ______ has been framed to suggest appropriate behavior of employees in the organization.

A. Code of Conduct
B. Profession
C. Business
D. Employment

21. As per Henry Fayol's principles of management one of the principle states that " In an organization, the operations that have the same objective should be directed by one manager using one plan" The principle is known as

A. Unity of Direction
B. Discipline
C. Unity of Command
D. Authority

22. A________ is a legal offer to purchase.

A. Purchase Order
B. Quotation
C. Supplier's Invoice
D. Receiving Order

23. Match the technique of scientific management given under B with the suitable statements under A

A

B

1.One best way of doing job

a. Simplification

2. Eliminates unnecessary diversity of products

b. Standardization

3. Setting standards for business activities

c. Motion study

4. Eliminates unnecessary movements

d. Method study


A. (1-a) (2-b) (3-c) (4-d)
B. (1-c) (2-b) (3-d) (4-a)
C. (1-d) (2-a) (3-b) (4-c)
D. (1-d) (2-c) (3-b) (4-a)

24. "Personnel Management is the planning, organizing, directing, controlling of the procurement, development, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are achieved. "Who has given this definition of Personnel Management?

A. Prof.Jucius
B. Edwin Flippo
C. Stephens Robbins
D. French

25. _______ is referred practically to no inventory.

A. Rolling
B. Just in Time
C. Shifting
D. Simplification

26. According to _______."An organization is a structure a framework and a process by which a cooperative group of human beings allocated its task among its members, identifies relationship and integrates its activities towards common objectives."

A. Gregor
B. Terry
C. Massie
D. Drucker

27. Stock of goods lying in the warehouse is called ________.

A. Inventory
B. Assemblies
C. Accessories
D. Equipment's

28. In order to enter into profession ,one has to acquire an educational degree by clearing specified examination conducted by registered institutes. Which feature of profession is being revealed?

A. Professional Association
B. Restricted entry
C. Well defined body of knowledge
D. Ethical Code of Conduct

29. Which one of the following is not the objective of Production Management?

A. Right Time
B. Right Quantity
C. Right Place
D. Right Quality

30. In order to become a lawyer one has to register himself as a member of Bar Council of India. Which feature of profession is being revealed?

A. Professional Association
B. Restricted Entry
C. Service motive
D. Ethical Code of Conduct


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