MBA/MBA Principles and Practices of Management Mcq Set 3 Sample Test,Sample questions

Question:
 While using Hurwicz criterion, the coefficient of realism

1.Represents the degree of optimism

2.Represents the degree of pessimism

3.Is the probability of state of nature

4.None of the above

Posted Date:-2021-12-05 08:15:27


Question:
A constraint in an LP model restricts

1.Value of objective function

2.Value of decision variable

3.Use of available resource

4.All of the above

Posted Date:-2021-12-05 07:40:34


Question:
A hierarchy of superiors ranging from the ultimate authority to the lowest ranks is called as ______

1.hierarchical order.

2.social order.

3.scalar chain.

4.direction.

Posted Date:-2021-12-05 08:34:54


Question:
A linear programming model does not contain which of the following components?

1.Data

2.Decisions

3.Constraints

4.A spread sheet

Posted Date:-2021-12-05 08:17:40


Question:
According to Fayol, business activities can be broadly classified into ______________ categories.

1.4.

2.5.

3.6.

4.7.

Posted Date:-2021-12-05 08:34:17


Question:
According to time, plan can be divided into ______________ types.

1.3.

2.4

3.2.

4.5.

Posted Date:-2021-12-05 08:37:19


Question:
Activities that cannot be started until one or more of the other activities are completed, but immediately succeed them are called ______ activities

1.Predecessor

2.Successor

3.Dummy

4.End

Posted Date:-2021-12-05 08:18:26


Question:
All negative constraints must be written as

1.Equality

2.Non equality

3.Greater than or equal to

4.Less than or equal to

Posted Date:-2021-12-05 07:41:18


Question:
An organization chart is an example of

1.Iconic

2.Mathematical

3.Analogue

4.None of the above

Posted Date:-2021-12-05 08:16:29


Question:
Combining several techniques which can be applied to all kinds of efficiency problems, including labour productivity problems is called as ______

1.work study.

2.scientific task planning.

3.fatigue study.

4.time study.

Posted Date:-2021-12-05 08:33:18


Question:
Constraints in LP problem are called active if they

1.Represent optimal solution

2.At optimality do not consume all the available resources

3.Both of (a) and (b)

4.None of the above

Posted Date:-2021-12-05 07:40:56


Question:
Decision theory is concerned with

1.Methods of arriving at an optimal decision

2.Selecting optimal decision in sequential manner

3.Analysis of information that is available

4.All of the above

Posted Date:-2021-12-05 08:25:12


Question:
Every mathematical model

1.Must be deterministic

2.Requires computer aid for solution.

3.Represents data in numerical form

4.All of the above

Posted Date:-2021-12-05 07:39:14


Question:
Father of Scientific Management is _________

1.Henry Fayol.

2.Koontz o Donnel.

3.Fredrick Winslow Taylor.

4.Luther Gullik.

Posted Date:-2021-12-05 08:28:27


Question:
Full form of PERT is

1.Performance evaluation review technique

2.Programme Evaluation Review technique

3.Programme Evaluation Research Technique

4.None of these.

Posted Date:-2021-12-05 08:27:46


Question:
Game theory models are classified by the

1.Number of players

2.Sum of all payoff

3.Number of strategies

4.All of the above

Posted Date:-2021-12-05 07:38:52


Question:
If two constraints do not intersect in the positive quadrant of the graph, then

1.The problem is infeasible

2.The solution is unbounded

3.One of the constraints is redundant

4.None of the above

Posted Date:-2021-12-05 07:41:40


Question:
In a decision theory problem under complete uncertainty, which one of the following approaches will not be possible?

1.Expected monetary value

2.Maxmin

3.Minimax

4.Hurwicz

Posted Date:-2021-12-05 08:14:21


Question:
Interpersonal role means _______

1.working with and through people.

2.working on self.

3.working for people.

4.understanding the people.

Posted Date:-2021-12-05 08:28:49


Question:
Linear programming is a

1.Constraint optimization technique

2.Technique for economic allocation of limited resources.

3.Mathematical technique

4.All of the above

Posted Date:-2021-12-05 08:16:51


Question:
Management involves the co-ordination of human & material resources towards the accomplishment of _______

1.individual objectives.

2.organizational objectives.

3.group objectives.

4.individual & group objectives.

Posted Date:-2021-12-05 08:29:13


Question:
Management involves the co-ordination of human & material resources towards the accomplishment of _______

1.individual objectives.

2.organizational objectives.

3.group objectives.

4.individual & group objectives.

Posted Date:-2021-12-05 08:31:14


Question:
Management involves the co-ordination of human & material resources towards the accomplishment of _______

1.individual objectives.

2.organizational objectives.

3.group objectives.

4.individual & group objectives.

Posted Date:-2021-12-05 08:31:39


Question:
Operations research is applied

1.Military

2.Business

3.Administration'

4.All of the above

Posted Date:-2021-12-05 07:39:36


Question:
OR provides solution only if the elements are

1.Quantified

2.Qualified

3.Feasible

4.optimal

Posted Date:-2021-12-05 08:25:59


Question:
OR techniques helps to find ______________ solution

1.Feasible

2.Non feasible

3.Optimal

4.Non optimal

Posted Date:-2021-12-05 08:16:08


Question:
PERT emphasis on ______

1.Time

2.Activity

3.a) and b)

4.None of the above

Posted Date:-2021-12-05 07:42:21


Question:
Planning does not come to an end with the establishment of a business concern because it is'______

1.common to all.

2.flexible.

3.a continuous process.

4.a linchpin for all activities.

Posted Date:-2021-12-05 08:37:00


Question:
Planning is done for _____

1.A specific period.

2.Various department.

3.An organization.

4.The employees.

Posted Date:-2021-12-05 08:36:18


Question:
Straight lines shown in a linear programming graph indicates

1.Objective function

2.Constraints

3.Points

4.All the above.

Posted Date:-2021-12-05 08:18:03


Question:
Supervisory staff management constitutes the ______________ of the management ladder.

1.highest rank.

2.middle rank.

3.lowest rank.

4.administration rank.

Posted Date:-2021-12-05 08:32:43


Question:
The equally likely decision criteria is also known as

1.Bayes

2.Laplace

3.Minimax

4.Hurwicz

Posted Date:-2021-12-05 08:14:43


Question:
The event is commonly represented by ________ in network diagram

1.Nodes

2.Arrow

3.Triangle

4.None of these

Posted Date:-2021-12-05 08:19:11


Question:
The expected value of perfect information is equal to

1.EPPI – Minimum EMV

2.EPPI + Maximum EMV

3.Maximum EOL

4.None of the above.

Posted Date:-2021-12-05 08:25:36


Question:
The graphical method of LP problem uses

1.Objective function equation

2.Constraint equation

3.Linear equations

4.All the above.

Posted Date:-2021-12-05 08:17:18


Question:
The maximax criteria is ________

1.Optimistic

2.Neutral

3.Pessimistic

4.Can be any one of the above

Posted Date:-2021-12-05 08:28:07


Question:
The organization should have an effective network to __________ all the information that is relevant to planning of the goals at every level.

1.communicate.

2.control.

3.co-ordinate.

4.develop.

Posted Date:-2021-12-05 08:37:51


Question:
The value of the coefficient of optimism is needed while using the criterion of

1.Equally likely

2.Maximin

3.Realism

4.Maximin

Posted Date:-2021-12-05 07:38:29


Question:
Under scientific management, planning had been separated from ___

1.direction.

2.execution.

3.organizing.

4.determination.

Posted Date:-2021-12-05 08:35:48


Question:
Which of the following is (are) types of decision-making environments?

1.Decision making under uncertainty

2.Decision making under certainty

3.Decision making under risk

4.None of the above

Posted Date:-2021-12-05 08:19:33


Question:
Which of the following might be viewed as an optimistic decision criterion?

1.Hurwicz criterion

2.Maximin

3.Maximax

4.Minimax

Posted Date:-2021-12-05 08:15:04


Question:
While plotting constraints on a graph paper, terminal points on both axes are connected by a straight line because

1.The resources are limited in supply

2.The objective function is a linear function

3.The constraints are linear equations or in equalities

4.All of the above

Posted Date:-2021-12-05 08:27:03


Question:
While solving an LP problem, infeasibility may be removed by

1.Adding another constraint

2.Adding another variable

3.Removing a constraint

4.removing a variable

Posted Date:-2021-12-05 08:27:24


Question:
Working out a pattern of relationships between the various factors of production is called as ______

1.planning.

2.organization.

3.co-ordination.

4.control.

Posted Date:-2021-12-05 08:32:05


Question:
______ is the earliest starting time plus activity time.

1.EST

2.EFT

3.LST

4.LFT

Posted Date:-2021-12-05 08:18:46


Question:
_______ is the latest time by which an activity can be finished without delaying the completion of the project.

1.EST

2.EFT

3.LST

4.LFT

Posted Date:-2021-12-05 07:41:59


Question:
_______ models in which the input and output variables follow a probability distribution.

1.Iconic

2.mathematical

3.analogue

4.Deterministic model

Posted Date:-2021-12-05 08:26:38


Question:
________ is an activity oriented diagram.

1.CPM

2.PERT

3.Histogram

4.None of the above

Posted Date:-2021-12-05 07:42:43


Question:
_________ model involves all forms of diagrams

1.iconic

2.mathematical

3.analogue

4.schematic

Posted Date:-2021-12-05 07:39:56


Question:
__________ is a place where production plans are executed but the people working therein have nothing to do with the framing of the plans.

1.Factory

2.Store

3.Office

4.Departments

Posted Date:-2021-12-05 08:33:42


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