Q1: Is characterized by direct lines of authority flowing from top to bottom of the organizational hierarchy and the lines of responsibility flowing in an opposite but equally direct manner
a) flat organisation
b) Line organization
c) functional organisation
d) informal organisation
Answer: b) Line organization Answer
Q2: Is the process of evaluating the employee’s performance on the job in terms of the requirements of the job
a) performance appraisal
b) Controlling
c) review
d) Analysis
Answer: a) performance appraisalAnswer
Q3: Under this method, the worker is given training at the workplace by his immediate supervisor
a) on the site training
b) offline training
c) on the job training
d) on demand training
Answer: c) on the job training Answer
Q4: Unbroken line of authority is known as___
a) Line of command
b) hierarchy of commnd
c) Command
d) Chain of command
Answer: d) Chain of commandAnswer
Q5: Are the guidelines to decision making
a) Objectives
b) Goals
c) Policies
d) Decisions
Answer: c) Policies Answer
Q6: Refers to the formal, established pattern of relationships among the various parts of a firm or any organisation
a) Organisation
b) Organisational structure
c) Organisational culture
d) Organisation environment
Answer: b) Organisational structure Answer
Q7: A company’s ability to meet its short-term financial obligations is measured by which of the following ratios
a) liquidity ratios
b) profitability
c) activity
d) leverage
Answer: a) liquidity ratiosAnswer
Q8: The competencies or skills that a firm employs to transform inputs into outputs are
a) Tangible resources
b) intangible resources
c) Organizational capabilities.
d) reputational resources
Answer: c) Organizational capabilities. Answer
Q9: The “balanced scorecard” supplies top managers with a___view of the business
a) long-term financial
b) detailed and complex
c) simple and routine
d) fast and comprehensive
Answer: d) fast and comprehensiveAnswer
Q10: A marketing department that promises delivery quicker than the production department’s ability to produce is an example of a lack of understanding of the
a) Synergy of the business units
b) Need to maintain the reputation of the company
c) organizational culture and leadership
d) Interrelationships among functional areas and firm strategies.
Answer: d) Interrelationships among functional areas and firm strategies.Answer
Q11: Which one of the following should consider in economy while conducting environmental analysis
a) GNP
b) Transport
c) Unemployment
d) Channel of distribution
Answer: a) GNP Answer
Q12: Which of the following shows the process of creating something new
a) Innovation
b) Modeling
c) Business model
d) Research
Answer: a) InnovationAnswer
