MGT503 Final Term Solved Papers in One File

All Final Term Past Solved Papers of MGT503 in one File By · FINALTERM EXAMINATION · Spring 2009 · MGT503- Principles of Management (Session - 1)

Q1. All of the following are requirements for successful value chain management EXCEPT : (1 marks)

1. Coordination and Collaboration
2. Continuous Process Improvement
3. Organizational Processes
4. Technology Investment

Q2. An individual's belief that he or she is capable of performing a task is called: (1 marks)

1. Self esteem
2. Self direction
3. Self efficacy
4. Self confidence

Q3. The most important point of Prof. Edward Deming’s Philosophy was: (1 marks)

1. Achieving the Goals
2. Consistency of Purpose
3. Wastage of the resources should be minimized
4. Collaboration among the members

Q4. LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these mangers are playing? (1 marks)

1. Liaison
2. Leader
3. Disseminator
4. Spokesperson

Q5. Munib is the CEO of a hospital. He has spent his day planning the schedules of employees for next month. He spent his day in: (1 marks)

1. Planning
2. Organizing
3. Leading
4. Controlling

Q6. Which type of managerial skill refers to the ability to analyze and diagnose complex situations? (1 marks)

1. Problem-solving
2. Interpersonal
3. Conceptual
4. Technical

Q7. Munsterberg is considered to be the father of ________ psychology. (1 marks)

1. Clinical
2. Industrial
3. Behavior
4. Theoretical

Q8. Two major characteristics of open system are : (1 marks)

1. Negative entropy and synergy
2. Positive entropy and synergy
3. Entropy and synergy
4. Anthropology and synergy

Q9. In Europe today banks and insurance companies are linking up in an effort to market a wide array of financial products that each would have trouble selling on its own. They are practicing which of the following concept? (1 marks)

1. Transformation
2. Entropy
3. Negative Entropy
4. Synergy