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970+ Fundamentals of Economics and Management Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .

851.

Which of the following leadership behaviours are identified by the path-goal theory?

A. Supportive, employee-oriented, laissez-faire and participative
B. Achievement-oriented, supportive, humanistic, and directive
C. Participative, achievement-oriented, directive, and supportive
D. Directive, participative, supportive, and laissez-faire
Answer» C. Participative, achievement-oriented, directive, and supportive
852.

In which stage of the conflict process does conflict become visible?

A. Illumination
B. Intentions
C. Behaviour
D. Cognition
Answer» C. Behaviour
853.

____________ refers to the network of personal and social relations that is developed spontaneously between people associated with each other.

A. Formal organization
B. Informal organization
C. Business organization
D. Government organization
Answer» B. Informal organization
854.

What sort of actions is most likely to be attributed to external causes?

A. Actions that have high distinctiveness, high consensus and high consistency
B. Actions that have high distinctiveness, high consensus and low consistency
C. Actions that have high distinctiveness, low consensus and low consistency
D. Actions that have low distinctiveness, low consistency and high consensus
Answer» D. Actions that have low distinctiveness, low consistency and high consensus
855.

A threatened strike action by a labour union to force the management to accept their demands is an example of which of the following power?

A. Referent power
B. legitimate power
C. Reward power
D. Coercive power
Answer» D. Coercive power
856.

Which of the following departmentalization can be considered necessary in an organization where the Company‟s products fall into several categories with very different production methods for each category?

A. Customer
B. Production
C. Process
D. Matrix
Answer» C. Process
857.

Which of the following is most likely to be a belief held by a successful manager?

A. Technical knowledge is all that is needed for success.
B. It is not essential to have sound interpersonal skills.
C. Technical skills are necessary, but insufficient alone for success.
D. Effectiveness is not impacted by human behavior.
Answer» C. Technical skills are necessary, but insufficient alone for success.
858.

Which of the following is not one of the four primary management functions?

A. Controlling
B. Planning
C. Staffing
D. Organizing
Answer» C. Staffing
859.

Determining how tasks are to be grouped is part of which management function?

A. Planning
B. Leading
C. Controlling
D. Organizing
Answer» D. Organizing
860.

______ is discretionary behaviour that is not part of an employee‟s formal job requirement, but that promotes the effective functioning of the organization.

A. Productivity
B. Motivation
C. Organizational citizenship
D. Organizational behavior
Answer» C. Organizational citizenship
861.

Individual-level independent variables include all of the following except.

A. Leadership
B. Learning
C. Perception
D. Motivation
Answer» A. Leadership
862.

Which of the following is not true of classical conditioning?

A. Classical conditioning is passive.
B. Classical conditioning can explain simple reflexive behaviors.
C. Learning a conditioned response involves building an association between a conditioned stimulus and an unconditioned stimulus.
D. A neutral stimulus takes on the properties of a conditioned stimulus.
Answer» D. A neutral stimulus takes on the properties of a conditioned stimulus.
863.

What is the process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment?

A. Interpretation
B. environmental analysis
C. Outlook
D. Perception
Answer» D. Perception
864.

Two people see the same thing at the same time yet interpret it differently. Where do the factors that operate to shape their dissimilar perceptions reside?

A. the perceivers
B. the target
C. the timing
D. the context
Answer» A. the perceivers
865.

…………is the dynamic organization within the individual that determine his unique adjustment to the environment

A. Perception
B. Attitude
C. Behavior
D. Personality
Answer» D. Personality
866.

Which of the following is not an attribute of psychological individual difference?

A. Motivation
B. Learning
C. Personality
D. Complexion
Answer» D. Complexion
867.

Select the correct hierarchical order of qualities of an individual

A. Ability-Skills- Aptitude- Competency
B. Aptitude-Ability- Skills- Competency
C. Skills- Aptitude- Competency- Ability
D. Competency-Ability-Skills- Aptitude
Answer» B. Aptitude-Ability- Skills- Competency
868.

Maslow‟s “basic needs” are also known as

A. Social needs
B. Esteem needs
C. Safety needs
D. Physiological needs
Answer» D. Physiological needs
869.

In Maslow‟s Need hierarchy which needs are shown between Esteem needs and Safety needs

A. Social needs
B. Esteem needs
C. Security needs
D. Basic need
Answer» A. Social needs
870.

ERG theory of motivation was proposed by

A. Maslow
B. F. Herzberg
C. Alderfer
D. Mc Gregor
Answer» C. Alderfer
871.

Under ERG theory, “R” stands for---------

A. Rationality
B. Responsibility
C. Remuneration
D. Relatedness
Answer» D. Relatedness
872.

Dual structure approach of motivation is developed by

A. Maslow
B. F. Herzberg
C. Alderfer
D. Mc Gregor
Answer» B. F. Herzberg
873.

Under Herzberg‟s theory, factors causing dissatisfaction is called

A. Demotivators
B. Negative stimuli
C. Hygiene factors
D. Defectors
Answer» C. Hygiene factors
874.

Hygiene factors are

A. Satisfiers
B. Maintenance factors
C. Defectors
D. All of these
Answer» B. Maintenance factors
875.

In Two Factor theory, “Salary” coming under -------------

A. Satisfiers
B. Maintenance factors
C. Both of these
D. None of above a and b
Answer» B. Maintenance factors
876.

Who propounded X and Y theory of motivation

A. Maslow
B. F. Herzberg
C. Alderfer
D. Mc Gregor
Answer» D. Mc Gregor
877.

--------------- theory believes that employees dislike work

A. X theory
B. Y theory
C. Z theory
D. None of these
Answer» A. X theory
878.

According to ----------employees love work as play or rest

A. X theory
B. Y theory
C. Z theory
D. None of these
Answer» B. Y theory
879.

Z theory is a Japanese approach of motivation developed by

A. Mc Clelland
B. William Ouchi
C. Alderfer
D. Mc Gregor
Answer» B. William Ouchi
880.

According to ---------- the managers and workers should work together as partners and of equal importance for the organizations success

A. X theory
B. Y theory
C. Z theory
D. 2 Factor theory
Answer» C. Z theory
881.

Which one is not a Process Based Theory of motivation?

A. Porter Lawler theory
B. Mc Clelland’s theory
C. Stacy Adams theory
D. Vroom’s theory
Answer» B. Mc Clelland’s theory
882.

Who developed Equity theory of motivation?

A. Porter Lawler
B. Mc Clelland
C. Stacy Adams
D. Vroom
Answer» C. Stacy Adams
883.

Porter Lawler Model is an extension of

A. Maslow’s theory
B. Mc Clelland’s theory
C. Stacy Adams theory
D. Vroom’s theory
Answer» D. Vroom’s theory
884.

----------is the attractiveness of the members towards the group or resistance to leave it

A. Group norms
B. Group behavior
C. Group cohesiveness
D. Group structure
Answer» C. Group cohesiveness
885.

Believes, attitudes, traditions and expectations which are shared by group members is called

A. Group norms
B. Group communication
C. Group cohesiveness
D. Group structure
Answer» A. Group norms
886.

---------------is the ability of influencing people to strive willingly for mutual objectives

A. Motivation
B. Control
C. Leadership
D. Supervision
Answer» C. Leadership
887.

In --------------leadership, there is a complete centralization of authority in the leader

A. Democratic
B. Autocratic
C. Free rein
D. Bureaucratic
Answer» B. Autocratic
888.

In---------- in fact “No leadership at all”

A. Democratic
B. Autocratic
C. Free rein
D. Bureaucratic
Answer» C. Free rein
889.

Free rein leadership is also known as

A. Democratic
B. Autocratic
C. Laissez-faire
D. Bureaucratic
Answer» C. Laissez-faire
890.

-----------leadership emphasize on rules and regulation in an organization

A. Democratic
B. Autocratic
C. Laissez-faire
D. Bureaucratic
Answer» D. Bureaucratic
891.

---------- leader is self confident and can attract followers by his great influence

A. Charismatic
B. Autocratic
C. Laissez-faire
D. Bureaucratic
Answer» A. Charismatic
892.

Which one of the following is/are leadership theories?

A. Trait theory
B. Behavior theory
C. Contingency theory
D. All of these
Answer» D. All of these
893.

Least Preferred Co-worker ( LPC) model of leadership was developed by

A. Martin Evans
B. Robert House
C. Fred Fielder
D. Whetton
Answer» C. Fred Fielder
894.

Path-goal model of Leadership was introduced by

A. Martin Evans & Robert House
B. Fred Fielder
C. Whetton
D. Cameron
Answer» A. Martin Evans & Robert House
895.

Which of the following is not a contingency theory of leadership

A. LPC theory
B. Path Goal theory
C. Vroom-Yetton-Jago theory
D. Job centered Leadership
Answer» D. Job centered Leadership
896.

When a group gives some of its leadership positions to the members of other group, it is

A. Contracting
B. Co-opting
C. Co-alition
D. Competition
Answer» B. Co-opting
897.

Which one of the following characteristics is part of the definition of a group?

A. unstable relationship
B. interdependent effort
C. personal accountability
D. independent behaviour
Answer» B. interdependent effort
898.

Sharon Moro, office manager at Willow Manufacturing stated, “We‟d had manufacturing work cells in place for at least two years, but change didn‟t really happen until we added teamwork.” To effectively integrate teamwork into their corporate strategy, all of the following actions were undertaken by Willow except:

A. Old ways were readily discarded.
B. Everyone’s input was sought and valued
C. Individual employee success was recognized and celebrated.
D. Employees believed in what they were doing.
Answer» C. Individual employee success was recognized and celebrated.
899.

While business firms have traditionally been organized around ________, athletic groups have long recognized the importance of ________.

A. work groups; individuals
B. management; individuals
C. groups; teamwork
D. individuals; teamwork
Answer» D. individuals; teamwork
900.

All of the following statements help to explain the current popularity of teams except…….

A. Teams can quickly assemble, deploy, refocus and disband
B. Teams are more flexible and responsive to changing events
C. Teams typically outperform individuals when tasks require multiple skills, judgment, and experience
D. Teams expertly focus on individual performance.
Answer» D. Teams expertly focus on individual performance.

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