F.Y B.COM
SEMESTER - 2
FUNCTIONAL MANAGEMENT
(FM)
MCQS - FEBRUARY 2016
1. 14 General principles of management are given by:
A. Henry Fayol
B. Stanley Vance
C. F.w. Taylor
D. M.C. Farland
2. Creativity, personal skills, goal oriented are the features of __________.
A. Science
B. Art
C. Profession
D. None of these
3. _______ may be defined as an occupation for which specialized knowledge, skills and training are required and the use of these skills are not used for self-satisfaction but for interests of the society.
A. Art
B. Profession
C. Management
D. Science
4. Each group of activities with the same objective having one head one plan is the principal of _______
A. Unity of command
B. Authority and responsibility
C. Division of work
D. Unity of Direction
5. Operative functions of personnel management includes:
A. The procurement
B. The development
C. The maintenance
D. All of these
6. "Scientific management is concerned with knowing exactly what you want men to do and then see in that they do it in the best and cheapest way". This was defined by ________.
A. Henry Fayol
B. Stanley Vance
C. F. W. Taylor
D. M.C. Farland
7. The different techniques covered under inventory control are:
A. ABC Analysis
B. EOQ Analysis
C. (a) & (b) both
D. None of these
8. The secondary function of material management does not include _________
A. Design and development of the product
B. Make and buy decisions
C. Departmental efficiency
D. Coding and classification of material
9. The full form of MRP is _______
A. Market Rate Price
B. Money Rate Price
C. Materials Requirements Planning
D. Material Rating Planning
10. Edwood Buffa defines ______ as "A process by which goods and services are created".
A. Material
B. Inventory
C. Production
D. Personnel management
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