MCQs Archive - Page 84 of 1097

What term describes a phenomenon where strong group pressure for consensus overrides critical appraisal of alternative proposals?

AGroupthink

BSocial Loafing

CGroup Polarization

DBrainstorming

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Which decision-making model posits that managers choose options that are satisfactory rather than optimal due to cognitive constraints?

AClassical Decision Model

BBounded Rationality Model

CIntuitive Decision Model

DGarbage Can Model

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What analytical framework assesses industry profitability and structural attractiveness by analyzing five competitive dynamics?

AAnsoff Matrix

BPorter's Five Forces Model

CMcKinsey 7S Framework

DBalanced Scorecard

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In Victor Vroom’s Expectancy Theory of motivation, overall Motivation is formulated as:

AMotivation = Need x Drive x Incentive

BMotivation = Expectancy x Instrumentality x Valence

CMotivation = Hygiene x Motivator x Growth

DMotivation = Effort x Skill x Task

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The control process in management involves four basic steps. What is the logical sequence of these steps?

AEstablish Standards -> Measure Performance -> Compare -> Take Action

BMeasure Performance -> Establish Standards -> Compare -> Take Action

CCompare -> Establish Standards -> Measure Performance -> Take Action

DTake Action -> Establish Standards -> Measure Performance -> Compare

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Which financial ratio evaluates a firm’s capacity to pay off short-term obligations using its short-term assets?

ADebt-to-Equity Ratio

BCurrent Ratio

CReturn on Investment

DAsset Turnover Ratio

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Which organizational structure deliberately violates the single Unity of Command principle by utilizing dual report lines (functional and project managers)?

AFunctional Structure

BDivisional Structure

CMatrix Structure

DNetwork Structure

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The total number of direct subordinates a manager can effectively and efficiently control is known as the:

AChain of Command

BSpan of Control

CUnity of Command

DDelegation of Authority

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In the BCG Growth-Share Matrix, a Strategic Business Unit (SBU) operating with a low market share in a high-growth market is classified as a:

AStar

BCash Cow

CQuestion Mark

DDog

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Which leadership style is characterized by giving complete freedom to group members to make decisions and complete tasks without leader intervention?

AAutocratic Leadership

BDemocratic Leadership

CLaissez-faire Leadership

DTransactional Leadership

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