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This set of Co-operative Management and Administration Multiple Choice Questions & Answers (MCQs) focuses on Co Operative Management And Administration Set 1
Q1 | A ……………………. institution is a voluntary association of independent economic units,organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
- cooperative
- private
- public
- all of these
Q2 | …………………… movement can be an important instrument in furthering the socialistprogress.
- cooperative
- privatization
- both a & b
- none of the above
Q3 | ……………… is, “a form of organisation wherein persons voluntarily associate together ashuman beings on a basis of equality for the promotion of economic interest of themselves”.
- cooperation
- joint stock companies
- cartels
- trusts
Q4 | …………… is nothing but “self-help made effective by organisation.”
- cooperation
- joint stock companies
- cartels
- trusts
Q5 | A…………………… has been defined as an “economic and social organisation of the workingpeople, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
- cooperative organisation
- private organisation
- public organisation
- all of these
Q6 | In the words of …………………, cooperation is, “a form of organisation wherein personsvoluntarily associate together as human beings on a basis of equality for the promotion of economic interest of themselves”
- h. calvert
- herrick
- horrace plunkett
- robert owen
Q7 | According to …………….Herrick, it is “the act of poor persons voluntarily united for utilizingreciprocally their own forces, resources or both, under their mutual management to their common profit or loss”.
- herrick
- horrace plunkett
- robert owen
- h. calvert
Q8 | In the words of Horrace Plunkett, it is nothing but “self-help made effective by organisation.”
- horrace plunkett
- robert owen
- h. calvert
- herrick
Q9 | ……………………..eliminates the employers and provides independence to the workers.
- cooperation
- joint stock companies
- private firms
- none of the above
Q10 | A …………………….society is a union of weak and needy individuals who have equal rightsand has one vote irrespective of the number of shares held by him.
- cooperative
- charitable
- both a & b
- none of these
Q11 | …………….determines where the organization is going and how it will get there.
- planning
- organizing
- directing/motivating
- controlling
Q12 | ………………….. sets organizational objectives and goals, forecasts the environment in which objectives must be accomplished, and determines the approach by which objectives and goals are to be accomplished.
- planning
- organizing
- directing/motivating
- controlling
Q13 | …………………is used to determine a policy and the procedures for putting it into effect.
- planning
- organizing
- directing/motivating
- controlling
Q14 | ………………..helps a manager shape the future of the organization rather than being caughtin an endless trap of reacting only to current crises or problems.
- planning
- organizing
- directing/motivating
- controlling
Q15 | ………………is concerned with determining the specific activities needed to accomplish theplanned objectives and goals.
- planning
- organizing
- directing/motivating
- controlling
Q16 | ………...........is concerned with grouping the activities into a logical pattern, framework, orstructure.
- planning
- organizing
- directing/motivating
- controlling
Q17 | ……………..is concerned with assigning the activities to specific positions and people; andproviding means for coordinating the efforts of individuals and groups.
- planning
- organizing
- directing/motivating
- controlling
Q18 | Organizing is a bridge connecting the planned objectives to specific projects for accomplishingthese objectives.
- planning
- organizing
- directing/motivating
- controlling
Q19 | ………………..through motivation concerns the people side of the organization.
- planning
- organizing
- directing/motivating
- controlling
Q20 | Managers must have leadership skills and be effective communicators for ………….function.
- planning
- organizing
- directing/motivating
- controlling
Q21 | In ……………………, management monitors the progress of plannedactivities. If progress islagging, necessary adjustments are made.
- planning
- organizing
- directing/motivating
- controlling
Q22 | ………………..is the checkup part of a manager’s job.
- planning
- organizing
- directing/motivating
- controlling
Q23 | In the ………………….the board of directors reports to membership, reviewing the pastbusiness year and the year’s financial statements.
- annual general meeting
- board of directors meeting
- operational meetings
- all meetings
Q24 | In the …………….the board seeks approval of its recommendations for surplus allocation.
- annual general meeting
- board of directors meeting
- operational meetings
- all meetings
Q25 | In the ……………………the Business plan and budgets for the coming year are presented fordiscussion and approval.
- annual general meeting
- board of directors meeting
- operational meetings
- all meetings