Business Finance

Xeta   Electronics Ltd. is faced with the problem of allocating resources to its   newly set up computer peripherals division, because of some practical   constraints like limited availability of resources, time, man-hours etc.   Which of the following decision-making techniques can help it solve the   problem?

(a)  Linear Programming                         (b)    Decision tree     (c)  Simulation

(d)   Waiting-line method                         (e)    Game theory.

102.

The   concept of span of management concerns

(a)   Seeing that managers at the same level have   equal numbers of subordinates

(b)   Employee skill and motivation levels

(c)   Supervision of one less than the known   number of subordinates

(d)   A determination of the number of   individuals a manager can effectively supervise

(e)   The nature of organization structure.

103.

Several   fundamental aspects pertaining to the organization need to be considered to   describe the process of organizing. Which of the following steps are involved   in the process of organizing?

I.     The objectives of the organization   should be established.

II.    The supportive objectives and plans   should be formulated.

III.   Emphasis on extreme occupational   specialization.

IV.   Authority should be delegated to the head   of each group to perform their activities.

(a)  Both (I) and (II) above                       (b)  Both (II) and (III) above

(c)  Both (II) and (IV) above                     (d)  (I), (II) and (III) above

(e)  (I), (II) and (IV) above.

104.

There are   three major forms of divisional structures: product division, geographic   division and customer division. Which of the following statements is not true about Customer Division or   Departmentation?

(a)   It is set up to service particular types of   clients or customers

(b)   It can address the special and widely   varied needs of customers for clearly defined services

(c)   It is accompanied by the benefits of   specialization

(d)   Coordination between sales and other   functions becomes easier

(e)   Facilities and manpower, specialized for   certain customer groups may be under-employed.

105.

A matrix structure is a type of departmentalization   that superimposes a horizontal set of divisional reporting relationships into   a hierarchical functional structure. The major disadvantage of the   matrix structure is

(a)  Duplication   of resources                  (b)  Lack of   employee satisfaction

(c)  Lack of   economies of scale             (d)  Its   propensity to foster power, struggles

(e)  Monotony of work.

106.

Which   of the following management information systems is an interactive computer   system that provides managers with the necessary information for making   intelligent decisions?  

(a)  Transaction processing system         (b)    Decision support system

(c)  Office automation system                (d)  Executive support system

(e)  Line support system.

107.

Which   of the following statements is not   true of internationalization of organizations?

(a)   To reach organizational objectives,   management may extend its activities to include an emphasis on organizations   in foreign countries

(b)   In general, the larger the organization,   the greater the likelihood that it participates in international activities   of some sort

(c)   A manager’s failure to understand different   national sovereignties, national conditions, and national values and   institutions can lead to poor investment decisions

(d)   Personal adjustments that employees of   multinational corporations must make can influence how productively they work

(e)   Generally speaking, a multinational   organization transcends any home country, whereas a transnational   organization does not.

108.

Which   of the following can be said to be an appropriate technique for line   personnel in reducing the line-staff conflict?

(a)   Emphasize the objectives of the   organization as a whole

(b)   Make proper use of the staff abilities

(c)   Obtain any necessary skills they do not   already possess

(d)   Deal intelligently with resistance to   change rather than view it as an immovable barrier

(e)   Ignore the abilities of the staff   personnel.

109.

From   the delegator’s aspect, all of the following are the factors affecting the   delegation of authority except

(a)  Love for authority                             (b)  Fear of exposure

(c)  Attitude towards subordinates          (d)    Fear of criticism

(e)  Personality traits of the superiors.

110.

The characteristic of an organization that describes   the degree to which the organization monitors and responds to changes in the   external environment is termed as

(a)  Open-systems   focus                        (b)  Means-end   orientation                      (c)  Control

(d)  Unit   integration                                (e)  Closed-system focus.