Q1.XYZCorporationsetsanobjectivetoincreaseitsmarketshareby5%within3years.

Thisisan
exampleofa(n)________objective.
a.suboptimal
b.shortterm
c.principled
d.longterm
e.intermediateterm
Q2.Thehighfailurerateofnewbusinessesseemsprimarilyaconsequenceofinadequateplanning.
a.true
b.false
Q3.Plannersneednothavesignificantpracticalexperiencewithintheorganizationiftheyhavegood
humanrelationsskills.
a.true
b.false
Q4.Managementbyobjectivesisonlyavaluabletoolforprofitseekingorganizations.
a.true
b.false
Q5.Theprincipleoftheobjectiveisanothernameformanagementbyobjectives.
a.true
b.false
Q6.AkeyelementofanyMBOprogramistopmanagementsupportandcommitment.
a.true
b.false
Q7.Theoverallorganizationalobjectivesandthesubobjectivesassignedtothevariouspeopleorunits
oftheorganizationisreferredtoassuboptimization.
a.true
b.false
Q8.MBOprogramsincreasethevolumeofpaperworkinanorganization.
a.true
b.false
Q9.OneoftheadvantagesofanMBOprogramisthatitcontinuallyemphasizeswhatshouldbedonein
orderfortheorganizationtoreachitsgoals.
a.true
b.false
Q10.ManagementshouldnevergiverewardsfortheachievementofgoalsestablishedbyMBO.
a.true
b.false
Q11.Managersshouldestablishobjectivesforemployeesthatareineasyreach.
a.true
b.false
Q12.Theprocessofdetermininghowthemanagementsystemwillachieveitsobjectivesisplanning.
a.true
b.false
Q13.Whichmanagementwriterpopularizedmanagementbyobjectives?
a.PeterDrucker
b.HenryFayol
c.AbrahamMaslow
d.FrederickTaylor

e.TomPeters
Q14.Agroupdecisionprocessinwhichnegativefeedbackonanysuggestedalternativeisforbidden
untilallmembershavepresentedalternativesiscalledbrainstorming.
a.true
b.false
Q15.Inaconsensusdecision,howmanypeoplemustagreeonthedecision?
a.threefourths
b.asimplemajority
c.morethanhalf,plusthemanager
d.twothirds
e.all
Q16.Decisionmakerswhohaveareceptiveorientationbelievethatthesourceofallgoodisoutside
themselves,andthereforerelyheavilyonsuggestionsfromotherorganizationalmembers.
a.true
b.false
Q17.Probabilitytheoryisadecisionmakingtoolthatisusedinconditionsofcompleteuncertainty.
a.true
b.false
Q18.Implementationofthechosenalternativeisthefinalstepinthedecisionmakingprocess.
a.true
b.false
Q19.Anorganizationaldecisionmakerwhoiswillingtostealtheideasnecessarytomakegood
decisionshaswhattypeofdecisionmakingorientation?
a.hoarding
b.marketoriented
c.receptive
d.ideal
e.exploitative
Q20.________isalsoknownasusingsimplerulesofthumbtomakedecisions.
a.Intuition
b.Heuristic
c.Boundedrationality
d.Satisficing
Q21.________referstothedeparturefromrationaltheorythatproducessuboptimaldecisions.
a.Satisficing
b.Intuition
c.Bias
d.Heuristic
Q22.Mostorganizationaldecisionsaremadeunderconditionsofcompletecertainty.
a.true
b.false
Q23.Whichofthefollowingwouldbethemostappropriatetraditionaltechniqueforsolvinga
programmeddecision?
a.habit
b.intuition
c.rulesofthumb
d.training
e.judgment
Q24.Theidealdecisionmakingorientationemphasizestherealizationoftheorganization'spotentialas

wellasthatofthedecisionmaker.
a.true
b.false
Q25.Whichofthefollowingisthefinalstepinthedecisionmakingprocess?
a.takeaction
b.implementtheselectedalternative
c.selectthemostbeneficialalternative
d.gatherfeedbacktofindoutiftheproblemissolved
e.identifyorganizationalobjectives
Q26.Notallmanagerialdecisionsareofequalsignificancetotheorganization.
a.true
b.false
Q27.'Inwhatkindsofenvironmentsdoestheorganizationnowexist?'isoneofthefourbasic
questionsrequiredforcriticalquestionanalysis.
a.true
b.false
Q28.________isastrategyadoptedbymanagementtoincreasingtheamountofbusinessthatanSBU
iscurrentlygenerating.
a.Divestiture
b.Retrenchment
c.Growth
d.Differentiation
Q29.________isthepurposeforwhichanorganizationexists.
a.Organizationalstrategies
b.Organizationalpolicies
c.Organizationalmissions
d.Organizationalobjectives
Q30.Theinternationalcomponentistheoperatingenvironmentsegmentcomposedoffactors
influencingthesupplyofworkersavailabletoperformneededorganizationaltasks.
a.true
b.false
Q31.Thepriceoffuelforvehiclesthatdistributeacompany'sproductswouldbepartoftheeconomic
componentofitsgeneralenvironment.
a.true
b.false
Q32.WhichofthefollowingstrategyformulationtoolswasspecificallydevelopedtoexpandontheBCG
GrowthShareMatrix?
a.SWOTanalysis
b.environmentalanalysis
c.Porter'sModelforIndustryAnalysis
d.criticalquestionsanalysis
e.GEMultifactorPortfolioMatrix
Q33.Whichleveloftheorganization'senvironmentincludesplanning,organizing,influencing,and
controllingwithintheorganization?
a.theexternalenvironment
b.everylevel
c.theinternalenvironment
d.theoperatingenvironment
e.thegeneralenvironment
Q34.Anorganizationalmissionisusefulbecauseithelpsdefinebroadbutimportantjobareaswithinan

organization,andthereforespecifiescriticaljobsthatmustbeaccomplished.
a.true
b.false
Q35.Themissionstatementisanunwrittencodeofbehaviorthatdescribesandexplainsthemissionof
theorganization.
a.true
b.false
Q36.TheinitialsSWOTstandforStrengths,Weaknesses,Opportunities,andThreats.
a.true
b.false
Q37.SWOTisanacronymforafirm'sStrengths,Weaknesses,Objectives,andThreats.
a.true
b.false
Q38.Motivations,statussymbols,andattitudesareallimportantaspectsoftheinternationalcomponent
oftheorganization'soperatingenvironment.
a.true
b.false
Q39.TheconceptofforecastingcanbetracedatleastasfarbackasFayol.
a.true
b.false
Q40.Thenextstepinthehumanresourceplanningprocess,aftertakingahumanresourceinventory,
isdeterminingnethumanresourcerequirements.
a.true
b.false
Q41.Humanresourceplanningisanotherareaofconcernforoutputplanners.
a.true
b.false
Q42.Whennearlyeveryonewhowantstheproducthasit,andsalesareduetoreplacingawornout
product,theproductisinwhichlifecyclestage?
a.decline
b.growth
c.maturity
d.saturation
e.bothAandC
Q43.Standingplansandsingleuseplansareexamplesofwhichdimensioninplanning?
a.time
b.repetitiveness
c.level
d.scope
e.bothAandC
Q44.The________methodpredictsfuturesalesbyanalyzingthehistoricalrelationshipbetweensales
andtime.
a.Salesforceestimation
b.Regression
c.Delphi
d.Movingaverage
Q45.Whichofthefollowingisastandingplanthatoutlinesaseriesofrelatedactionsthatmustbe
takentoaccomplishaparticulartask?
a.rule
b.policy

c.procedure
d.budget
e.guideline
Q46.The________methodutilizeshistoricaldatatopredictfuturesaleslevels.
a.Salesforceestimation
b.Movingaverage
c.Delphi
d.Regression
Q47.Inconsideringselectionofasiteforaplant,onequestionanorganizationshouldaskisaboutthe
adequacyofhousingandschoolsaroundpotentialsites.
a.true
b.false
Q48.Siteselectionispartofinputplanning.
a.true
b.false
Q49.Mostorganizationsuseaweightingprocesstocomparesitedifferencesamongforeigncountries.
a.true
b.false
Q50.Theportionofthetotalmanagementsystematwhichaplanisaimediscalledthe________of
theplan.
a.scope
b.longevity
c.timedimension
d.level
e.repetitiveness