Question # 1

The probability of a new product's success is 0.6, with expected value of Rs. 21,600. What is projected savings?

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Rs. 21,600

Rs. 21,960

Rs. 21,900

Rs. 21,690

In the process of communication attention is directed towards the

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The supervisor

The sender

The receiver

The boss

A bureaucratic leader is by nature

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Rule centered

Organization centered

Religion centered

Subordinates centered

Before a week to the budget presentation in Parliament, a decision to restrict the distribution of sugar, rice etc. is an example of

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Export policy

Monitory policy

Sales policy

Finance policy

Without following function of management the control function cannot be performed

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Planning

Organizing

Staffing

Directing

During the following period, quantitative methods of decision making received a big boost

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World War I

World War II

The Vietnam War

The korean War

Administrative management is a process of

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Managing the activities of marketing and sales people

Making rules and regulations regarding administration of the business.

Coordinating and communicating in the organization with the responsibility for overall operations of the enterprise

None of the above

The Behavioral Approach emphasizes striving to increase production through

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Training of people

Development of people

An understanding of people

Motivation people

The functions of buying, selling & exchange are generally related to the activity of

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Hawthorne

Frank Gilbreth

Elton Mayo and his associates

Henri L. Gantt

Most clearly advocated managerial skill is

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Timidity

Integration

Indecisiveness

Procrastination

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

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Imposed policy

Originated policy

Appealed policy

All of the above

The method of appraisal in which the rare is required to keep a record of notable instances of job success and failure for each employee during the ranking period is called

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Job related method

Notable instances method

Employee ranking method

Critical incidents method

The total number of relations among a superior and two subordinates are

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Three

Five

Six

Seven

Real wages can best be expressed as

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Take home salary after all deductions

Wages divided by a cost of living of consumer price index

Gross earning minus taxes

None of the above

The following factor is not normally included as a primary motive

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Thirst

Hunger

Love

Sleep

A decision by a government to lease rather than purchase retail sales outlets is an example of

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Export policy

Monitory policy

Sales policy

Finance policy

Employee centered managers gave attention to the following components of their jobs

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Human

Impersonal

Human and impersonal

Human and technical

The minimal use of status symbols tends to improve organizational communication by reducing the barrier of

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Filtering

Pressure of time

Premature evaluation

Psychological distance

The primary components of organizations does not include

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People

Activities

Company history

Objectives and results

In a managerial system the following level is not included

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Organizational level

Mechanical level

Institutional level

Technical level

While communicating, managers are known to spend more of their time in

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Reading

Writing

Listening

Speaking

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