MGT503 Final Term MCQs Updated by VU Topper RM

Q1. Vu-Topper RM (1 marks)

Strategy that address the question of what the business a corporation should be in is called: A. Growth strategy

B. Corporate level strategy

C. Business level strategy D. Industry strategy

Q2. Vu-Topper RM (1 marks)

An organic organizational structure is characterized by_______________ A. Rigid departmentalization B. High formalization C. Narrow spans of control

D. Minimal formalization

Q3. Vu-Topper RM (1 marks)

The threat of new entrants is the extent to which new competitors can easily enter a market. Thus the threat of new entrants for a local restaurant than a automobile company is: A. Equal B. Moderate

C. High

D. Low

Q4. Vu-Topper RM (1 marks)

The assignment of new or additional responsibilities to a subordinate is called: A. Coordination B. Specialization

C. Delegation

D. Span of control

Q5. Vu-Topper RM (1 marks)

According to Maslow's need hierarchy theory, a person who is looking for affection, belongingness, acceptance, and friendship is at which need level?

1. Esteem
2. Physiological
3. Safety
4. Social

Correct answer: Social

Q6. Vu-Topper RM (1 marks)

Which of the following is not among the external forces that create the need for change in the organizations?

1. New equipment
2. Technology
3. Labor markets
4. Government regulations

Correct answer: New equipment

Q7. Vu-Topper RM (1 marks)

Which type of environment is best suited for mechanistic organizations?

1. Service
2. Stable
3. Dynamic
4. Manufacturing

Correct answer: Stable

Q8. Vu-Topper RM (1 marks)

The need to influence and control others in a way that they did not behave otherwise is called:

A. Need for power

B. Need for affiliation C. Need for fulfilment D. Need for achievement

Q9. Vu-Topper RM (1 marks)

Which of the following is one of the most important objective for small business owners?

1. Market presence
2. Growth
3. Profitability
4. Innovation

Correct answer: Profitability

Q10. Vu-Topper RM (1 marks)

Extrinsic motivators are factors that come from outside environment. Following are extrinsic motivators,EXCEPT: A. Bonuses B. Pay C. Tangible benefits

D. Respect

Q11. Vu-Topper RM (1 marks)

Mr. Ali is working in ABC Company, he takes risks and accepts challenging tasks as an opportunity and believes on moderate probability of success. This represents which of the following?

1. Need for affiliation
2. Need for achievement
3. Need for fulfilment
4. Need for power

Correct answer: Need for achievement

Q12. Vu-Topper RM (1 marks)

On what basis jobs are grouped in order to accomplish organizational goals?

1. Departmentalization
2. Centralization
3. Coordination
4. Formalization

Correct answer: Departmentalization