2nd Round Management Model exam,2016

699

2nd Round Management Model exam,2016

Time allowed :2 1/2  hrs.

Exam Weight : 100%

Value of each question is 1 point

Exam Type: Multiple choice

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1 / 100

1. 71. While analyzing internal environment strategist’s decision about firm’s resources, capabilities and core competences are affected by:

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2. 38. Which type of organizational change involves making incremental adjustments to existing processes and procedures?

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3. 37. Which factor contributes to successful change implementation?

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4. 43. Which of the following is a strategy for building change readiness in an organization?

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5. 51. ______ is level of measurement which classifies data into categories that can be ranked.

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6. 95. Berhan Furniture creates tables and chairs. Each table requires 2 hours of carpentry and 3 hours of painting, while each chair needs 1 hour of carpentry and 2 hours of painting. There are only 12 hours of carpentry and 15 hours of painting available per week. Each unit of table yields a profit of Birr 40 and chair yields a profit of Birr 20 per unit. What will be the objective of the company?

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7. 55. Which of the following is the non-random method of selecting samples from a population?

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8. 87. Which of the following does not affect the choice of plant location decision?

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9. 67. Assume that a group of individuals with common political interest leverages of an organization’s computers and information via the Internet, and caused physical, real-world harm or severe disruption of the computers and information infrastructure. What does this act represent?

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10. 30. One is not the major characteristics of Organization behavior:

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11. 24. The process of helping new employees adapt to their new organizations and work responsibilities is ______.

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12. 100. The critical path in network problem is-

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13. 74. Which one of the following statements is related with the company’s market position, competitive pressures, strengths and capabilities?

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14. 90. A method of budgeting that estimates today’s value of money to be received in the future is______________.

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15. 70. Which of the following is/are the characteristics of business mission statement?

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16. 97. Which of the following cannot be the aim of transportation problem?

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17. 22. ___ is merely a temporary business investment involving renting or leasing an
Opportunity, not the purchase of a business for the purpose of ownership

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18. 26. Which of the following is a NOT area at which compensation package is important in the workplace?

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19. 88. ……is the degree to which the design specifications for a product or service are appropriate to its function and use, and the degree to which a product or service conforms to its design specifications

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20. 8. According to human relations school management is

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21. 25. All are benefits of performance appraisal for the appraise Except,

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22. 42. Which leadership style encourages employees to participate in decision-making and problem-solving?

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23. 76. The component of project feasibility study that determines whether the prerequisites for the successful commissioning of the project have been considered is

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24. 9. Channel decisions must be considered carefully for the following reasons, except?

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25. 60. In which product life cycle does peoples become unaware of the product or service, sales may rise very slow, and promotional costs will probably be high?

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26. 41. Which of the following is NOT a characteristic of transformational leadership?

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27. 5. Which one of the following is correct regarding to managerial skills?

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28. 57. Which one of the following used to test the independence of two variables?

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29. 62. Which of the following CAN be the failure factor for small businesses?

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30. 2.Among the following alternatives which one is not the activity performed in organizing function of management?

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31. 89. The term _________________ refers to the period in which the project will generate the necessary cash flow to recover the initial investment.

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32. 86. Which of the following is not an objective of MRP?

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33. 47. Mr. Abebe is a laboratory technician at Salale University. While conducting research, he manipulates variables to study the effect on another variable. What type of research is being conducted by Mr. Abebe?

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34. 78. The initial cash outlay of a project is Birr 50,000 and it generates cash inflows of Birr 20,000, Birr 15,000, Birr 25,000 and Birr 10,000 in first four years and assume 10% rate of discount. Using present value index method the net present value is,

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35. 68. Which one of the following is CORRECT?

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36. 31. The theory which states there is no one best way of managing or managerial technique universally applicable in all situations; rather, it depends upon a given set of circumstances is

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37. 33. _______________ is “a small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.

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38. 73. Which of the following statement best expresses retrenchment?

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39. 15. Which one is not reason of international marketing

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40. 84. . ……is the system in which items are processed in lots and a new lot is undertaken for production only when the production on all items of a lot is complete.

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41. 65. Which of the followings is correctly ordered regarding the knowledge management systems?

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42. 39. Which leadership style emphasizes nurturing and empowering employees to achieve their full potential?

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43. 82. Which of the following is TRUE about business strategies?

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44. 6. All of the following are importance of planning except,

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45. 32. One cannot define Personality

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46. 18. One of the early problems faced by Toyota when it attempted to market its line of automobiles in the Japan was a severe shortage of spare parts. If Toyota’s management makes the decision to correct this problem, in which of the following components of the product component model would management need to make improvement?

47 / 100

47. 56. You are given the following information about advertising expenditure and sales: . Advertisement (x) (100, 000 Birr) Sales (y) (100,000 Birr)
Arithmetic mean, x 10 90
Standard deviation, σ 3 12
Correlation coefficient = 0.8

48 / 100

48. 91. When capital market is booming, firms can take market route to ________.

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49. 17. Different strategies are suitable for different companies depending on their particular situation. This is articulated by the “EPRG Framework”. What are the four options of the EPRG Framework?

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50. 12. .It is arranging for the product to occupy a clear, distinctive and desirable place relative to competing product in the mind of target customer?

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51. 52. Suppose Oromia cooperative bank wants to estimate the average income of its employees per month. Accordingly it takes 5 sample employees and the salary of each employees are 6750, 9940, 8754, 12,560 and 10,376 birr per month. What is the average salary of the bank per month?

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52. 36. ____________is solely power as a result of his or her position in the organization reward, coercive, and legitimate power

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53. 72. Which of the following is associated with the type of leadership in the organization and the overall style of management of operations?

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54. 81. Which one of the following statement is incorrect about the importance of studying operations management?

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55. 94. Which of the following is/are NOT the feature of operations research?

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56. 92. The long-run objective of financial management is to _____________.

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57. 16. which one is odd from the given factors for firms marketing abroad _________________

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58. 7. What type of controlling is related with screening job applicants and using several effective interviews, managers can minimize the chance of hiring people who lack necessary skills or experience to perform effectively?

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59. 64. ABC restaurant noticed that people were cooking meals in their homes less often but wanted to avoid the hassle of going out to eat. People wanted to ‘‘eat in’’ without cooking. By considering this issue, ABC restaurant company started delivering food to customers’ homes and businesses by takeout taxi. This business idea “delivering food by takeout taxi” is the result of-

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60. 50. Which of the following statement regarding quantitative and qualitative data is FALSE?

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61. 19. An arrangement to pay for import of goods and services with something other than cash is known as _________

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62. 4.__________ involves evaluating the candidates and choosing the one whose credential match job requirement.

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63. 96. ABC Company produces two types of products: bag and shoes. Each unit of bag requires 4 units of raw material A, 2 units of raw material B, and 3 units of raw material C. Each unit of shoes requires 10 units of raw material A, one unit of raw material B, and 3 units of raw material C. The inventory count indicates that 100, 22, and 39 units of raw material A, B, and C are available, respectively. Each unit of bag yields a profit of Birr 60 and each unit (pair) of shoes yields a profit of Birr 50. How many units of bag and shoes should be produced, respectively?

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64. 27. _______________ is a performance rating error existing when some raters have a tendency to be generous in their rating by assigning higher rates constantly.

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65. 63. Cooperative Bank of Oromia, previously operating only in Ethiopia, enters Kenyan market with its current banking services. A business growth strategy used by the bank is-

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66. 83. ……refers to the process of creating new products or modifying the existing ones within a predetermined time frame and cost price

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67. 75. All of the following are among the common features of project except

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68. 46. Which of the following CANNOT be the purpose of a research proposal?

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69. 93. If acceptance of one project do not disqualifies the acceptance of the other project, such type of project is:

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70. 45. Ayantu, fourth year management student, examines the collected raw data to detect errors and omissions and to correct these when possible. The activity performed by Ayantu is:

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71. 11. Among the give alternative one is not the importance of promotion

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72. 13. Which of the following is false about organizational buying behavior?

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73. 20. Under _______, the strategy is to simultaneously pioneer the newly developed product in all kinds of global markets.

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74. 3.__________ is a leadership style in which the decision making activity is made solely by the manager.

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75. 23. Which of the following is NOT the internal factors that affect recruitment functions?

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76. 35. The type of conflict that occurs when two or more organizational members disagree on their task or content issues

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77. 54. On the average, 2 customers will be served in every ten minutes in Commercial bank of Ethiopia. What is the probability that during a given 10 minutes at least one customer will be served?

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78. 21. “International marketing is a global procedure of planning and executing conception, pricing, promotion” The definition fails to recognize

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79. 58. If we reject the null hypothesis which is true, we commit

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80. 69. Which of the following is/are NOT the benefits of strategy?

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81. 28. An approach to disciplinary action designed to motivate an employee to correct his or her misconduct voluntarily is ______________.

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82. 61. Currently, SAFARICOM Ethiopia, a telecom operator in Ethiopia, has been highly engaged in providing incentives, such as discounts and prizes for its customers to initiate the interests of customers to use their services. The promotion strategy adopted by a company is:

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83. 66. Which of the followings is an Operations Support Systems?

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84. 59. Which of the following form of business has limited liability?

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85. 79. Which one of the following is NOT a reason for conducting feasibility study?

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86. 40. What is the term for a planned process for managing resistance to change in an organization?

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87. 34. All are the Features of Motivations except one

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88. 85. The layout in which all the equipment’s performing similar tasks are grouped together is called……?

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89. 48. Mr. Chala, who is conducting research on “consumers buying behavior,” collects data using questionnaire from the same sample three times. What is the type of survey employed by Mr. Chala?

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90. 80. Which of the following is FALSE regarding to financial and economic analysis of the project?

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91. 29. ________an employment interview conducted to know whether the candidate can handle the demands of a complex job.

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92. 53. If the probability that a product will be well designed is 0.80 and the
probability that it will be well designed and change preference of customer is 0.6, what is the probability that it will change customer preference given that well designed?

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93. 1.      From the following alternatives, which one is not correct?

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94. 99. A decision tree is preferable to a decision table when-

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95. 10. ______ is a method that the price of a product is decided based on the perception of consumers rather than sellers cost as the key factor

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96. 98. The solution to transportation problem with m-sources and n-destinations is feasible if the number of allocations is-

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97. 49. Which one of the following CANNOT be the purpose of report writing in research?

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98. 14. ………..is the stage of new product development the product and marketing program are tested in more realistic market setting

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99. 77. Which of the following statements about the project payback period is least accurate

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100. 44. Which of the following is TRUE about applied research?

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Management exit Exam Model 2016

1152
Created by Dr. Lemma Belay

Management exit Exam Model 2016

Choose the Best From the Alternatives

1 / 100

What is management?

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Which quote best describes the role of management in an organization?

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Which of the following statements about management as an art is true?

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Which level of management consists of the Board of Directors, the Chief Executive Officer, and the General Manager?

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What is the primary function of management?

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What is the function of staffing?

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Which of the following is a factor affecting leading in management?

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The process of comparing actual performance with standards and taking corrective action refers____

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The process of allocating and arranging resources to carry out plans is called___.

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What is the formal process of ensuring the availability of qualified workers at all levels in the organization?

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Which of the following is NOT the functions of management?

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How does management contribute to the welfare of society?

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The highest level of management in the organizational hierarchy is known as:

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Which of the following are the significances of management?

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How many subordinates a manager can supervise, is determined by the principle of

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Policy formulation is the function of:

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The directing function of management embraces the activities of

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This is a conventional distinction made between managers and leaders?

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When managers dealing with problems, crisis, and changes beyond their immediate control refers to¬¬____.

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Theory Y assumes which of the following?

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Theory X assumes which of the following?

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Which of the following is a characteristic of Participative leadership?

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Transactional leadership has which of the following characteristics?

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Transformational leadership has which of the following characteristics?

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Which of the following is reward power?

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Among the following, which one is not a leadership style?

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Which of the following is an expert power?

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Which of the following quality is not possessed by a leader?

29 / 100

In leadership trait theory, what is a trait?

30 / 100

Contingency theory is based on the assumption that the leader:

31 / 100

A long run dream of an organization refers

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Which of the below is an example of laissez-faire leadership?

33 / 100

Leadership may be defined as ?

34 / 100

According to Kurt Lewin, which of the following is not a stage in the change process?

35 / 100

A company that decides to decentralize its sales procedures in managing what change category?

36 / 100

In organizations, people who act as catalysts and assume the responsibility for managing the change process are called ?

37 / 100

Managers’ options for change essentially fall into what three categories?

38 / 100

The unfreezing step of the change process can be thought of as .

39 / 100

All are the advantages of Internal recruitment, Except;

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A recruitment method used by employer/s to attract a large number of applicants to one location for interviews is;

41 / 100

The process of receiving and welcoming employees when they first join a company is called .

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A type of Interview in which a board of interviewers questions and observes a single candidate is Known as

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All are the goals of recruitment process Except:

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The first and foremost process of recruitment plan is/are .

45 / 100

———is the process of filtering the applications of the candidates for further selection process.

46 / 100

Which of the following is/are a training process whereby a skilled person trains someone who is unskilled?

47 / 100

Which of the following is a performance rating error in which employee’s evaluation is biased because of comparison with another employee just previously evaluated?

48 / 100

Which of the following is a training system in which trainees learn their jobs on the equipment they will be using on the job?

49 / 100

—————is fixed pay an employee receives on a regular basis, either in the form of a salary or as an hourly wage.

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One of the following involves combining various activities at the same level in the organization and adding them to the existing job.

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—————–Summarizes the personal qualities, traits, skills, and background required for getting the job done.

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A process that identifies current and future human resources needs for an organization to achieve its goals is—

53 / 100

A pay plan in which most employees are part of the same compensation system is

54 / 100

What is the main purpose of research?

55 / 100

Which of the following sampling methods does not allow for estimating the probability of each item in the population being included in the sample?

56 / 100

According to the sample design, when a sample survey is preferable to a census survey?

57 / 100

What is the main difference between research and the scientific method?

58 / 100

Which research technique is not associated with qualitative research?

59 / 100

Which type of research aims to find solutions for immediate problems?

60 / 100

What are the most common reasons people undertake a research?

61 / 100

What type of research aims to achieve new insights into a phenomenon?

62 / 100

Which of the following statements best defines the term “research”?

63 / 100

The chi square independent test can be used

64 / 100

Suppose a farming firm used fertilizer to increase its crop products. Accordingly if the test for goodness of fit indicates a test statistics of x2= 9.231 and assuming that the critical value is 11.210 what is the decision of the manager?

65 / 100

————–is statistical Analysis which measures and analyses the degree or extent to which the two variables fluctuate with reference to each other.

66 / 100

If the coefficients of correlation between two variables, r = 0.89, it mean

67 / 100

Suppose the average mean salary of employees of an organization is expected as 4000 birr. Currently 36 sample employees are selected and mean of salary of birr 4200 with standard deviation of 100 birr is computed. If whether the mean salary is more than expected, what is the alternative hypothesis?

68 / 100

While we make decision in hypothesis testing if we strongly reject the null hypothesis which is actually true, we commit

69 / 100

___is a measurement that the distances between consecutive numbers have meaning and the data are always numerical.

70 / 100

Suppose a raw data is collected from 30 sample individuals. If the data is organized using grouped frequency distribution, how many class intervals are created?

71 / 100

What is the geometric mean of the values 10, 25, 5, and 30?

72 / 100

What is the median of the values 3, 6, 4, 7, 10 and 8?

73 / 100

The arithmetic mean of 20 sample values was computed as 30. But, while calculated the mean value of two items are misread as 24 and 12 instead of 42 and 21 respectively. What is the correct mean?

74 / 100

————-is the set of all possible outcomes of an experiment.

75 / 100

Consider a quality control procedure where an inspector randomly selects two of five parts to test for defects. In a group of five parts how many combinations of two parts can be selected without replacement?

76 / 100

Suppose two coins are tossed. What is the probability that both will land tail up?

77 / 100

Suppose 40% of the people entering electronics store this month make a purchase. If 10 people enter the store, what is the expected number making a purchase?

78 / 100

Suppose sample of 4 products are tested. What is the probability of getting 2 defective items?

79 / 100

————-is the value that is computed from sample results and to be compared with the critical value to conclude either to accept or reject the null hypothesis.

80 / 100

————–is a probability distribution of all the values of sample statistics.

81 / 100

In selecting simple random samples of size n from a population, the sampling distribution of the sample mean can be approximated by a normal probability distribution as the sample size becomes large. This assumption indicates

82 / 100

The economic aspects of MsEs covers

83 / 100

One is not the Role/Importance of MSEs in Developing Countries?

84 / 100

The first stage of product development process is:

85 / 100

All are Intellectual Property Protection except one

86 / 100

One is not the core Marketing concepts

87 / 100

Marketing provides utility including:

88 / 100

The major Functional Roles of Marketing Research is/are:

89 / 100

All are the Marketing Research Components except one

90 / 100

The first stage in Marketing Research Process is

91 / 100

One is not the Importance of Marketing Intelligence?

92 / 100

Forces affecting organizational behavior are

93 / 100

Scope of Organizational Behavior does not include

94 / 100

In present context, challenges for Organizational Behavior are

95 / 100

Organizational behavior focuses at 3 Levels

96 / 100

What model has been constructed from Operation Research problems for solving the models that are available in many cases?

97 / 100

Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost reduction under certain constraints?

98 / 100

Operation Research can help to evaluate only the effects of ———————————–

99 / 100

Which of the following is a method for improving an initial solution in a transportation problem?

100 / 100

In a transportation problem, we must make the number of —– and —– equal.

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