MGT503 Midterm Past Paper 2

MIDTERM EXAMINATION · Spring 2009 · MGT503- Principles of Management (Session - 5) · Time: 60 min Marks: 50

Q1. Sulman thinks about his job while playing with his son on the weekend, and he continually volunteers to do extra assignments and project for his department. These suggest that Sulman has a strong need for : (1 marks)

1. Esteem
2. Security
3. Achievement
4. Power

Not 100% sureQuestion No: 2 ( Marks: 1 ) - Please choose one(chap 04)

Asim assigned Khalid a project to be completed by the end of the month and then hold periodic meetings with him to review his progress. Which management function Asim is performing?

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

Correct answer: Leading

Q3. Which of the following BEST describes creativity? (1 marks)

1. Uncovering what is already there
2. Creating something new
3. Organizing already discovered items
4. Criticizing the discovered items

Q4. When an organization encounters a serious problem which needs to be solved immediately, it is called: (1 marks)

1. Crisis problem
2. Non- Crisis problem
3. Opportunity problem
4. Financial Problem

Q5. Plans which have the broadest organizational focus and the longest time frame are called: (1 marks)

1. Tactical
2. Strategic
3. Directional
4. Operational

Q6. A few years ago Black and Decker bought general electric’s small appliance business. 150 products were converted from GE to Black and Decker label. A total of 140 steps were used for each product. It took 3 years. The total conversion of product line was: (1 marks)

1. A Program
2. A project
3. A policy
4. A rule

Q7. The intent of which of the following is to reduce uncertainty by playing out potential situations under different specific conditions? (1 marks)

1. Project management
2. Scheduling
3. Environmental analysis
4. Scenario planning

Q8. In terms of linear programming, profit margins on different products that a company can produce represent which of the following? (1 marks)

1. Constraints
2. Feasibility regions
3. Scenarios
4. Basis for the objective function

Q9. Which of the following technique relies on individual or group judgments rather than on mathematical analysis? (1 marks)

1. Quantitative forecasting
2. Technological forecasting
3. Qualitative forecasting
4. Environmental forecasting

Q10. A problem with groupthink is that no one is actually in charge of making the final decision or outcome, which results in: (1 marks)

1. Ambiguous responsibility
2. Role incoherence
3. Role ambiguity
4. Ambiguous delegation

Q11. When an organization encounters an issue that requires resolution, but not very immediate action, it is called: (1 marks)

1. Crisis problem
2. Non- Crisis problem
3. Opportunity problem