Project Management Set 7
On This Page
This set of Project Management Multiple Choice Questions & Answers (MCQs) focuses on Project Management Set 7
Q1 | Which one of the following is a role of BIFR?
- Securing the timely detection of Sick and Potentially Sick Companies
- Speedy determination by group of experts about various measures to be taken in respect of sick company
- Both a and b
- None of the Above
Q2 | For rehabilitating a sick unit, role of Industry Associations include
- Installed Capacity Utilisation in industry
- Checking the growth trends
- Checking the problems
- All of the Above
Q3 | Government Policies as an external cause of sickness includes
- Unfavourable Government Policies
- Lack of Support from Government
- Taxation and Licensing
- All of the Above
Q4 | What does IRBI stand for?
- Industrial Reconstruction Bank of India
- Industrial Rehabilitation Bank of India
- Industrial Refinance Bank of India
- Industrial Revenue Bank of India
Q5 | When a company has been financed by consortium of banks, who has to report toBIFR about the sickness?
- Lead Bank
- Participating Banks
- Company
- None of the Above
Q6 | Managers should manage their firm’s resources with the prime objective of _______
- Employee Satisfaction
- Fulfillment of Tax Obligations
- Enhancing the firm’s Market Value
- None of the Above
Q7 | Cotton is an example of _____________ raw material.
- Mineral Product
- Industrial Product
- Marine Product
- None of the Above
Q8 | End use method of demand forecasting involves
- Identify the possible uses of product
- Define the consumption coefficient of the Product for various uses
- Both a and b
- None of the above
Q9 | What is the term for organisational development through a formally designed organisational structure?
- Organic
- Mechanistic
- Formal
- Structured
Q10 | How can organisational structures that are characterised by democratic and inclusive stylesof management be described?
- Hierarchical
- Bureaucratic
- Flat
- Functional
Q11 | Specialisation is a feature of which organisational structure?
- Matrix
- Divisional
- Multi-divisional
- Functional
Q12 | What is the term for an autonomous business entity within an overall corporate enterprise which is set apart from other areas of the business?
- Subsidiary
- Strategic partnership
- Strategic alliance
- Strategic business unit
Q13 | What is not a purpose of an organisational structure?
- To coordinate people and resources
- To organise lines of communication
- To formalise authority
- To limit workers' right
Q14 | The cost reduction technique in comparison to the worth of a product is known as
- Reverse engineering
- Value engineering
- Material engineering
- Quality engineering
Q15 | Value analysis examines the
- Design of every component
- Method of manufacturing
- Material used
- All of the above
Q16 | Who is named as Father of Value Analysis?
- Lawrence D. Miles
- George Terborgh
- Michael Jucius
- Edwin B. Flippo
Q17 | Constructive and destructive conflict are distinguished from each other in which of the following ways?
- constructive conflict is We-oriented; destructive conflict is Me-oriented
- constructive conflict is characterized by de-escalation of the conflict; destructive conflict is characterized by escalation of the conflict
- constructive conflict is characterized by cross-complaining; destructive conflict is characterized by flexibility
- both a and b
Q18 | Constructive and destructive anger can be distinguished from each other by the
- intensity of the anger
- flexibility of the anger
- duration of the anger
- both a and c
Q19 | Which of the following is not a characteristic of conflict?
- expressed struggle
- independent parties
- perceived incompatible goals
- perceived interference for outside parties
Q20 | Which of the following can be validly concluded from research on intercultural conflict management?
- collectivist and individualist cultures typically favor different conflict management styles
- the key to effective intercultural conflict management is flexible use of conflict management styles
- disagreement should be discouraged when communicating with individuals from diverse cultures
- both a and b
Q21 | Conflict is
- an unavoidable fact of life
- sometimes constructive
- a destructive force in relationships if continually avoided
- all of the above
Q22 | Which of the following is a tactic of avoiding conflict?
- competing
- stonewalling
- autonomy
- compromising
Q23 | What are the two types of change management?
- Real change and superficial change
- Incremental change and circular change
- Radical change and transformational change
- Incremental change and tr
Q24 | In high collectivist cultures, leaders need to emphasize:
- Long-tem implications of the change on the wider community
- Short- tem implications of the change on the wider community
- Material implications of the change on the wider community
- Personal implications of the change on the wider community
Q25 | In high power distance cultures:
- change tends to be implemented top down.
- change tends to be implemented bottom up.
- leaders must consult lower level employees.
- change tends to be implemented horizontally.