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FINALTERM EXAMINATION
SPRING 2006 Marks: 60
MGT503 - PRINCIPLES OF MANAGEMENT (Session - Time: 120min
1)
StudentID/LoginID: ______________________________
For each MCQ question, read the choices available and select the choice which you consider is the correct
茀
answer.
Remember not to spend too much time on any one MCQ. Since all MCQ’s carry equal marks, it is
茀
important to manage your time and responses to test questions effectively.
Failure to comply with the Supervisor’s directions will resu lt in your test being cancelled. Please comply
茀
with supervisor’s directions to avoid any unpleasant event.
► Strategic plans
► B elongingnes
s
► Safety
► Self-actualization
___________ is the recording system which enables sender to leave messages for receiver
telephone by
.
► E lectronic mail
► V oice mail
► V ideoconferencin
g
► T eleconferencin
g
Question No: 4 ( Marks: 1 ) - Please choose one
A motivational approach in which an nization’s financial statements are opened to and shared with
orga
of the employees is called ___________ all
► O pen-book
management
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► Pay-for-performance
programs
► R einforcement
theory
► Feedback
A __________ _ refers to the authority and responsibility for achieving the major goals of
organization. the
► L ine position
► Staff position
► L ine authority
Needs that impel creativity and ion, along with the desire to have a productive impact on
surroundings
innovat are ___________ our
needs.
► E xistence
► R elatednes
s
► Growth
► L eadership
► Power
► T rait
► A ggression
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► A cquisition
► Diversification
The vertical flow of communication from lower level to one or more higher levels is
_____________
► U pward
communication
► D ownward
communication
► F ormal
Communication
► H orizontal
communication
Question No: 10 ( Marks: 1 ) - Please choose one
► Work group
► Group task
► lower
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► excellent
► T eam leader
► F unctional
structure
► T eam based
structure
Question No: 14 ( Marks: 1 ) - Please choose one
____________ is the extent to which power and authority are retained at the top
levels. organizational
► Centralization
► Decentralization
► D epartmentalizatio
n
► N one of the given
options
Question No: 15 ( Marks: 1 ) - Please choose one
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____________ ratio measures how efficiently and effectively the firm is using its assets to generate
profit.
► L iquidity
► L everage
► Profitability
► A ctivity
A policy is an explicit statement that tells managers what they ought or ought not to
do.
► True
► False
A learning organization is one that has developed the capacity to continuously adapt and
change.
► True
► False
► True
► False
► True
► False
W hy motivation is
important?
Question No: 31 ( Marks: 10 )
B eing a manager in “an electronic company”, how would you set goals for your
company?
Question No: 32 ( Marks: 10 )