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MGT503 Final Term Preparation by Briany Squad

Principles of Management PDF 833 KBUpdated 23 Oct 2026
Final term past paper MGT503 Final Term Preparation by Briany Squad PDF 833 KB
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Final term past paper
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MGT503 Principles of Management
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23 Oct 2026
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FINALTERM EXAM PREPARATION · MGT503- Principles of Management · 100+ MCQS · MOST IMPORTANT & MOST · REPEATED · BY BRAINY SQUAD

Q1. 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? (1 marks)

  1. Management science
  2. Operations management
  3. Total quality
  4. Contingency

perspective

Q2. ( Marks: 1 ) -

Please choose one The culture of an organization is largely determined by:

  1. Top management
  2. Employees
  3. Stockholders
  4. The

Correct answer: Top management

company founders

Q3. Sony Corporation’s focus on product innovation is an example of which of the following dimensions of organizational culture? (1 marks)

  1. Attention to detail
  2. People orientation
  3. Outcome

Correct answer: Outcome

orientation

  1. Aggressiveness

Q4. An individual’s personal beliefs regarding what is right and wrong or good and bad is called: (1 marks)

Ethic

s ► Value s

Norm s ► Ritual s

Q5. ( Marks: 1 ) -

Please choose one EU, NAFTA, FTAA and ASEAN are examples of:

  1. Regional trade alliances
  2. Foreign airlines
  3. Soccer teams in Europe

Correct answer: Regional trade alliances

Q6. ( Marks: 1 ) - Please

choose one Which one is the final step in the decision-making process:

  1. Evaluating the decision
  2. Recognizing the decision
  3. Evaluating the

alternatives

  1. Implementing

the decision

Q7. All of the following are the assumptions of rational decision making EXCEPT: (1 marks)

  1. Alternatives are known
  2. Possible outcomes known
  3. Optimal decision

is possible

  1. Information is

unknown

Q8. Please choose one Which of the following is a variation of the electronic meeting that links media from different locations? (1 marks)

  1. E-commerce
  2. The Delphi technique
  3. E-

Brainstormin g

  1. Video

conference

Q9. choose one Mission Statement of (1 marks)

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?

  1. Location
  2. Customers
  3. Self concept
  4. Desired

Correct answer: Desired

public image

Q10. Please choose one Operational plans are normally associated with which of the following organizational level? (1 marks)

  1. Global level
  2. Corporate level
  3. Business
  4. level

Functional level

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