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Subjective Model Test-5

Post: Assistant Manager (Finance)
Assistant officer (Finance)
Organized By- Encyclopedia Publications
Time: 30 Minutes Total Marks: 50 Total Questions: 50
1. In what order do managers typically perform the managerial functions?
A. organizing, planning, controlling, leading
B. organizing, leading, planning, controlling
C. planning, organizing, leading, controlling
D. planning, organizing, controlling, leading Ans. C
2. _______ can be defined as a written record of the duties, responsibilities and conditions
of job.
A. Job description
B. Job specification
C. Job profile
D. None of the above Ans. A
3. Who is referred to be the “Father of Scientific Management?”
A. Henry Fayol
B. Robert Owen
C. Fredrick W. Taylor
D. None of these Ans. C
4. The characteristics of human resources are ___________ in nature
A. Homogeneous
B. Heterogeneous
C. Ductility
D. Stable Ans. B
5. What are the three interpersonal roles of managers?
A. Figurehead, leader and liaison
B. Spokesperson, leader, coordinator
C. Director, coordinator, disseminator
D. Communicator, organizer, spokesperson Ans. A
6. At what level of an organization does a corporate manager operate?
A. Functional
B. Operational
C. Middle level
D. Top level Ans. D
7. The number of subordinates that a manager can manage is called-----
A. Delegation
B. Span of Management
C. Development
D. None. Ans. B

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Business Encyclopedia

8. Which one is not a recognized key skill of management?

A. Conceptual skills
B. Human skills
C. Technical skills
D. Writing skills Ans. D
9. Grapevine is
A. formal communication
B. barrier communication
C. lateral communication
D. informal communication Ans. D
10. What is a social enterprise concerned with?
A. Profit maximization
B. Maximizing market share
C. Providing public service
D. Running a business to create social benefits Ans. D
11. What is the guiding principle of scientific management?
A. Experimentation
B. Fluid working relationships
C. Freedom of association
D. One best way to do a job Ans. D
12. Which one of the following is not a characteristic of a bureaucratic organization?
A. Authority
B. Regulations
C. Command structure
D. Change Ans. D
13. Which feature does not form one of Fayol's 14 principles of management?
A. Esprit de corps
B. Initiative
C. Order
D. Individualism Ans. D
14. Henri Fayol is known as _________.
A. The father of general management
B. The father of shop floor management
C. The father of scientific management
D. All of the above Ans. A
15. What is another name for contingency planning?
A. Synergy planning
B. Ad hoc planning
C. Business level planning
D. Scenario planning Ans. D

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Business Encyclopedia

16. What does the acronym SMART stand for?

A. Suitable, measurable, actionable, rewarded and timely
B. Specific, measurable, actionable, resourced and timely
C. Standardized, measurable, achievable, rewarded, and timely
D. Specific, measurable, achievable, rewarded and timely Ans D
17. To what time-frame do strategic plans relate?
A. Long-term
B. Medium-term
C. Short-term
D. Unspecified time it takes to achieve an aim Ans. A
18. The composite plan which involves setting up a long-term objective, finding a course of
action, and allocation of resources is called _______.
A. Programme
B. Strategy
C. Procedure
D. Policy Ans. B
19. As what is ensuring that one individual does not carry the burden of a whole work task
referred to?
A. Work specialization
B. Work design
C. Work schedule
D. Work shift Ans. A
20. According to the Five Factor model, 'extraversion' as a personality type is characterized
by what type of people?
A. Good natured
B. Calm and self-confident
C. Sensitive and curious
D. Assertive and sociable Ans. D
21. What do you call a style of leadership that takes account of others' views, opinions and
ideas?
A. Laissez-faire
B. People-oriented
C. Democratic
D. Autocratic Ans. C
22. How can you describe the thinking and outlook of transformational leaders?
A. Strategic
B. Operational
C. Functional
D. Developmental Ans. A
23. What is the term for power derived from status or position in an organization?
A. Referent
B. Expert
C. Reward
D. Legitimate Ans. D

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24. When a manager monitors the work performance of workers in his department to
determine if the quality of their work is 'up to standard', this manager is engaging in
which function?
A. Planning
B. Controlling
C. Organizing
D. Leading Ans. B
25. Resources and capabilities that serve as a source of competitive advantage for a firm over
its rivals are called _______________.
A. core competency
B. core competence
C. competitive advantage
D. competency Ans. A
26. Which of the following are key components of a Total Quality Management system?
A. Individual responsibility, incremental improvement, use of raw data
B. Collective responsibility, continual improvement, use of raw data
C. Group responsibility, staged improvement, knowledge
D. Involves everyone, continual improvement, use of data and knowledge Ans. D
27. What is the term for the monitoring of events both internal and external to the
organization that affects strategy?
A. Operational control
B. Strategic surveillance
C. Strategic control
D. Environmental scanning Ans. B
28. What are the main characteristics of an effective control system?
A. Flexibility, accuracy, timeliness and objectivity
B. Flexibility, measurability, timeliness and objectivity
C. Flexibility, accuracy, relevance and objectivity
D. Flexibility, accuracy, timeliness and relevance Ans. A
29. What is not an assumption underpinning the rational decision-making model?
A. Incomplete information
B. An agreed goal
C. A structured problem
D. High level of certainty regarding the environment Ans. A
30. Which of the following motivators is the most basic need in Maslow's hierarchy?
A. Safety
B. Belonging
C. Physiological
D. Esteem Ans. C
31. Which one of the following is a feature of McGregor's Theory X?
A. Workers enjoy responsibility.
B. Workers view physical and mental effort as a natural part of work.
C. Workers like to show initiative.
D. Workers like to be directed. Ans. D

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Business Encyclopedia

32. Of what is individual freedom to schedule work an example?

A. Job design
B. Job enrichment
C. Job rate
D. Job planning Ans. B
33. What theory is built around the principle that 'people make choices regarding how to
behave based on values and beliefs'?
A. Expectancy
B. Instrumental
C. Classical
D. Contingency Ans. A
34. Of what is worker autonomy in decision making an example?
A. Worker freedom
B. Greater worker negotiation
C. Worker empowerment
D. Increased worker power Ans. C
35. How does lateral communication in an organization occur?
A. Information passes upwards.
B. Information passes downwards.
C. Information is a two-way process.
D. Information passes between different departments and functions. Ans. D
36. How can organizational structures that are characterized by democratic and inclusive
styles of management be described?
A. Hierarchical
B. Bureaucratic
C. Flat
D. Functional Ans. C
37. Specialization is a feature of which organizational structure?
A. Matrix
B. Divisional
C. Multi-divisional
D. Functional Ans. D
38. What is a strategic alliance?
A. Any form of partnership between one firm and another
B. Formal agreement committing two or more firms to exchange resources to produce
products or services
C. Formal agreement to share profits from a shared investment
D. Formal agreement to share knowledge Ans. B
39. What is a whistleblower?
A. Someone who reports illegal or unethical acts
B. Someone who commits illegal or unethical acts
C. Someone who benefits from illegal or unethical acts
D. Someone who devises illegal or unethical acts Ans. A

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Business Encyclopedia

40. What is the term for a process that enables an organization to assess and demonstrate its
social, economic, and environmental benefits and limitation?
A. Social plan
B. Social strategy
C. Social audit
D. Social account Ans. C
41. What does Unitarism as a human resource management approach assume?
A. People are individuals and should be treated as such.
B. People are individuals but should be part of a group.
C. People in the organization share the same aims and objectives.
D. People in the organization engage in internal competition. Ans. C
42. The combination of peer, superior, subordinate and self-review appraisal is known as-
A. 360° appraisal
B. Human resource accounting system
C. All round review
D. Feed forward Ans. A
43. Which of the following is not included in a job design?
A. Identifying what tasks need to be carried out
B. When and how tasks are to be carried out
C. The number of tasks to be carried out
D. The payment rates for the tasks carried out Ans. D
44. Grouping the activities on the basis of the product line is a part of _______.
A. Formal organization
B. Divisional structure
C. Informal organization
D. Functional Structure Ans. B
45. Decision-making authority can be pushed down to a lower level and this is related
to______.
A. Centralization
B. Delegation
C. Decentralization
D. None of the options are correct Ans. C
46. This function of Management related to placing the right person at the right job is
A. Organizing
B. Staffing
C. Planning
D. Controlling Ans. B

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Business Encyclopedia

47. Which one of the following is a single-use plan?

A. Strategy
B. Rule
C. Budget
D. Method Ans. C
48. _________ is the process of grouting similar activities together and creating departments.
A. Division of work
B. Departmentalization
C. Delegation
D. Centralization Ans. B
49. Luther Gullik classifies the function of management as.
A. POSDCORA
B. POSTCARD
C. POSDCORB
D. POSDORBC Ans. C
50. The process of familiarizing the new employees to the organization rules and regulations
is known as
A. Placement
B. Induction
C. Recruitment
D. Selection Ans. B

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