Question74:-Which of the following strategy assumes that 'People are rational — if one presents enough facts to people,
they will change' 7
A:-Fellowship strategy
B:-Political strategy
C:-Economic strategy
D:-Academic strategy
Correct Answer:- Option-D
Question75:-Who among the following works as a process facilitator rather than a solution provider 7
A:-Consultant
B:-Trainer
C:-Researcher
D:-Manager
Correct Answer:- Option-A
Question76:-ldentify the type of organization which more copes with unstable environment 7
A:-Project organization
B:-Committee organization
C:-Line and staff organization
D:-Functional organization
Correct Answer:- Option-A
Question77:-Existence of large number of customers and suppliers is the feature of _____ system.
A:-Monopsony
B:-Oligopoly
C:-Oligoposony
D:-Perfect competition
Correct Answer:- Option-D
Question78:-Time estimations for completion of activities can faily be done with high degree of accuracy in system.
A:-PERT
B:-CPM
C:-Liner Programming
D:-Transport Problems
Correct Answer:- Option-B
Question79:-Estimate the EOQ when the annual demand is 3200 units, unit cost is Rs. 6, cost of one procurement is Rs. 150
and inventory cost is 25% p.a.
A:-600 units
B:-900 units
C:-1200 units
D:-B00 units
Correct Answer:- Option-C
Question80:-When the decision maker has no information about the probability of occurrence of variance, the criterion used
is known as
A:-Maximum decision criterion
B:-Harwicz criterion
C:-Laplace criterion
D:-Minimax decision criterion
Correct Answer:- Option-C
Question81:-Which of the following principle provides better coordination among various functions of an organization 7
A:-Unity of direction
B:-Centralisation
C:-Scalar chain
D:-None of the above
Correct Answer:- Option-A
Question82:-Which among the following managerial function offset uncertainty and change 7
A:-Organising
B:-Planning
C:-Staffing
D:-Controlling
Correct Answer:- Option-B
Question83:-The fundamental unique purpose of an organization is known as its
A:-Vision
B:-Objective