MGT503 Principles of Management FINAL TERM PAPER WITH SUBJECTIVE 2012

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Question No: 1 ( Marks: 1 ) - Please choose one
The bank of New England uses models to figure out how many teller need to be on
duty at each location at various times throughout the day. Bank is using which of the
following approaches?
► Management science
► Operations management
► Total quality management
► Contingency perspective
Question No: 2 ( Marks: 1 ) - Please choose one
The culture of an organization is largely determined by:
► Top management
► Employees
► Stockholders
► The company founders
Question No: 3 ( Marks: 1 ) - Please choose one
Sony Corporation’s focus on product innovation is an example of which of the
following dimensions of organizational culture?
► Attention to detail
► People orientation
► Outcome orientation
► Aggressiveness
Question No: 4 ( Marks: 1 ) - Please choose one
An individual’s personal beliefs regarding what is right and wrong or good and bad is
called:
► Ethics
► Values
► Norms
► Rituals
Question No: 5 ( Marks: 1 ) - Please choose one
EU, NAFTA, FTAA and ASEAN are examples of:
► Regional trade alliances
► Foreign airlines
► Soccer teams in Europe
► New multinational corporations
Question No: 6 ( Marks: 1 ) - Please choose one
Which one is the final step in the decision-making process:
► Evaluating the decision
► Recognizing the decision
► Evaluating the alternatives
► Implementing the decision
Question No: 7 ( Marks: 1 ) - Please choose one
All of the following are the assumptions of rational decision making EXCEPT:
► Alternatives are known
► Possible outcomes known
► Optimal decision is possible
► Information is unknown
Question No: 8 ( Marks: 1 ) - Please choose one
Which of the following is a variation of the electronic meeting that links media from
different locations?
► E-commerce
► The Delphi technique
► E-Brainstorming
► Video conference
Question No: 9 ( Marks: 1 ) - Please choose one
Mission Statement of Johnson & Johnson is:
“We believe our first responsibility is to the doctors, nurses, and patients, to mothers
and all others who use our products”
This statement shows which of the following attributes of mission statement?
► Location
► Customers
► Self concept
► Desired public image
Question No: 10 ( Marks: 1 ) - Please choose one
Operational plans are normally associated with which of the following organizational
level?
► Global level
► Corporate level
► Business level
► Functional level
Question No: 11 ( Marks: 1 ) - Please choose one
Which of the following is a primary benefit of MBO?
► Avoid competition
► Resistance against new entrance
► Improve employee motivation
► Increase resources
Question No: 12 ( Marks: 1 ) - Please choose one
In BCG matrix which of the following businesses have a large share of a market that
are not expected to grow substantially?
► Dogs
► Question mark
► Star
► Cash cow
Question No: 13 ( Marks: 1 ) - Please choose one
Which of the following organization is responsible for the development of small
business in Pakistan?
► SMEDA
► BISE
► ICMA
► PCSIR

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