[{"id":145980,"question":"One disadvantage of group participation in decision making is","choices":[{"text":"Bad effect on morale","value":"A"},{"text":"Organizational conflicts","value":"B"},{"text":"Time required","value":"C"},{"text":"De-motivation of the members","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145978,"question":"The tendency of making accurate diagnosis is dependent upon","choices":[{"text":"Identifying major obstacles","value":"A"},{"text":"A definition of organizational objectives","value":"B"},{"text":"Definition of objectives and identification of obstacles","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145976,"question":"A business firm typically seek following solutions to problems","choices":[{"text":"Any","value":"A"},{"text":"Optional","value":"B"},{"text":"Satisfactory","value":"C"},{"text":"Complete","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145974,"question":"The following is not a typical characteristic of the decision making process","choices":[{"text":"It is goal oriented","value":"A"},{"text":"It occurs over time","value":"B"},{"text":"It occurs in sequential chains","value":"C"},{"text":"It cannot be learned in the classroom","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":145972,"question":"The policy and actions of a government will afect","choices":[{"text":"Business strategy of an organization","value":"A"},{"text":"Economic conditions of the country","value":"B"},{"text":"Legal framework within which companies operate","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":145970,"question":"The main purpose of strategic planning is to","choices":[{"text":"Provides major objectives","value":"A"},{"text":"Deal with the government","value":"B"},{"text":"Determine operational goals","value":"C"},{"text":"Establish intermediate strategies","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":145969,"question":"An employee of ABC Ltd. is not allowed to accept gifts from suppliers except for token gifts of purely nominal or advertising value. It is an example of a","choices":[{"text":"Policy","value":"A"},{"text":"Procedure","value":"B"},{"text":"Rule","value":"C"},{"text":"Objective","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145967,"question":"In administering an aptitude test, the specified technique to be used is called a","choices":[{"text":"Policy","value":"A"},{"text":"Method","value":"B"},{"text":"Procedure","value":"C"},{"text":"Objective","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145965,"question":"A decision by a government to lease rather than purchase retail sales outlets is an example of","choices":[{"text":"Export policy","value":"A"},{"text":"Monitory policy","value":"B"},{"text":"Sales policy","value":"C"},{"text":"Finance policy","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":145961,"question":"Before a week to the budget presentation in Parliament, a decision to restrict the distribution of sugar, rice etc. is an example of","choices":[{"text":"Export policy","value":"A"},{"text":"Monitory policy","value":"B"},{"text":"Sales policy","value":"C"},{"text":"Finance policy","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145957,"question":"To ensure proper maintenance of TV by the customers, a decision to promote the sale of service contracts with TV sales was taken. This is an example of","choices":[{"text":"Imposed policy","value":"A"},{"text":"Originated policy","value":"B"},{"text":"Appealed policy","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145953,"question":"The following is the best statement to set a goal","choices":[{"text":"Increased the sales volume by 20% by October 9","value":"A"},{"text":"Change the method of assembly by June 30","value":"B"},{"text":"Reduce the scrap rate by 5% before the year end","value":"C"},{"text":"Do a better job next time","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145950,"question":"The typical time horizon for long-rang plans for most of the organizations is","choices":[{"text":"6 months","value":"A"},{"text":"1 year","value":"B"},{"text":"5 years","value":"C"},{"text":"10 years","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145948,"question":"The statement \"No smoking in the factory\" is an example of","choices":[{"text":"A policy","value":"A"},{"text":"A rule","value":"B"},{"text":"A slogan","value":"C"},{"text":"A goal","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145947,"question":"The final step in long-rang planning is","choices":[{"text":"Execution of the plan","value":"A"},{"text":"Control to the plans","value":"B"},{"text":"Establish strategies","value":"C"},{"text":"Develop planning premises","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145945,"question":"The following is not a type of economic forecasting","choices":[{"text":"Econometrics","value":"A"},{"text":"Lead and lag indicators","value":"B"},{"text":"Extrapolation","value":"C"},{"text":"User expectations","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145943,"question":"Technical forecasting includes","choices":[{"text":"Demand forecasting","value":"A"},{"text":"Sales forecasting","value":"B"},{"text":"Exploratory forecasting","value":"C"},{"text":"Cash forecasting","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145941,"question":"Production planning and Control department is basically responsible for","choices":[{"text":"Marinating optimum level of inventory","value":"A"},{"text":"Formulating production policy","value":"B"},{"text":"Scheduling output to fulfill sales needs","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":145937,"question":"Arrangement of the data in a matrix form is most basic characteristic of","choices":[{"text":"Descriptive statistics","value":"A"},{"text":"Linear programming","value":"B"},{"text":"Data analysis","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":145934,"question":"The objectives of most of the managers are","choices":[{"text":"Single","value":"A"},{"text":"Double","value":"B"},{"text":"Multiple","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":3}]