Information Systems And Engineering Economics Set 1
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This set of Information systems and engineering economics Multiple Choice Questions & Answers (MCQs) focuses on Information Systems And Engineering Economics Set 1
Q1 | An in depth study on a single organisation using a variety of datacollection methods is known as
- case study
- ?eld survey
- ?eld survey
- laboratory experiment
Q2 | The method of research that gathers data about perceptions, feelings, opinions through interviews and questionnaires in their actual worksetting is known as
- case study
- ?eld survey
- ?eld experiment
- laboratory experiment
Q3 | The consistency of data obtained from a particular research method isknown as
- reliability
- validity
- credibility
- casuality
Q4 | The degree to which a research method actually measures what it issupposed to measure is known as
- reliability
- validity
- credibility
- casuality
Q5 | Managing the human resource is
- the smallest department in an organisation
- better managed outside theorganisation
- vital for the success of an organisation
- an unnecessary expense
Q6 | A method of helping is to understand management and organisationalbehaviour is to look at that has been done before
- experiments
- research
- management
- behaviour
Q7 | Impersonal treatment of people through consistent application of rules and decisions toprevent favouritism is part of
- equity theory
- motivation theory
- leadership theory
- bureaucracy theory
Q8 | People who work in the Human resource department should have aknowledge of
- organisational behaviour
- finance
- it
- marketing
Q9 | What must entrepreneurs and leaders learn in order to have a successful organisation?
- how to control people and manipulate organisational systems
- how to think strategically, in?uence people, develop organisationalsystems
- how to manage technical details and use current business jargon
- how to read balance sheets and income statements.
Q10 | Organisational success in providing a service or a product depends on
- doing productdevelopment faster than anyone else
- being the cheapest in the market
- having the ?rstproduct or service in the market place
- the product or servicebeing valued by a segment of society
Q11 | An organisation's mission is
- the fundamental purpose of an organisation
- articulated in such a way that it de?nes the business of theenterprise
- a concept for unifying the efforts of organisationalmembers
- all of the above
Q12 | Which must be accomplished ?rst by the entrepreneur or leader?
- the design of a rational organisation structure
- generating pro?ts
- making viable the concept for which the organisation wasfounded
- establishing policies that assure consistency of activities
Q13 | De?nable groups of people who have an economic and/or socialinterest in the organisation are called
- stakeholders
- employees
- managers
- all of the above
Q14 | Governance policies, rules, as well as authority structures apply towhich key resource element of the organisation?
- technology
- organisationalculture
- organisation
- people
Q15 | Productivity is a ratio of outputs (products or services) to .
- pro?ts generated
- sales price
- inputs consumed
- behaviour effectiveness
Q16 | Doing the right things" is referred to as .
- effectiveness
- e?ciency
- productivity
- pro?tability
Q17 | Revitalization involves the strategies, resources, technology, and skills of theorganisation.
- focusing
- categorizing
- formalizing
- renewing
Q18 | What is the relationship between satisfaction and productivity, as suggested by research?
- high satisfaction leads to high productivity
- productivity does not in?uence satisfaction
- moderate satisfaction results in lowproductivity
- productivity often leads to satisfaction
Q19 | Satisfaction is de?ned as positive feelings people have about anorganisation whether as a/an
- supplier, employee,customer, or regulator
- employer, customer,regulator, or supplier
- investor orstockbroker
- none of the above
Q20 | Management is the practice of
- recruiting and motivating talented people to work for your organisation
- increasing a ?rm\s revenues and cutting costs to maximize pro?ts
- directing, organizing, and developing people, technology, and ?nancialresources
- mastering political behaviours so that the ?ttest survive and rise to the top
Q21 | Productivity ultimately depends on both
- e?ciency andeffectiveness
- infrastructure andculture
- people and money
- satisfaction andrevitalization
Q22 | What is planning?
- the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
- the process of evaluating whether outcomes match objectives and, if not, takingcorrective action
- the pattern of managing actions that focus resources and core competence on achievinga sustained competitive advantage
- determining a workable ?t between organisational competencies and limitations on theone hand andopportunities and threats on the other
Q23 | What is the process of managerial control or controlling?
- the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
- the process of evaluating whether outcomes match objectives and, if not, takingcorrective action
- the pattern of managing actions that focus resources and core competence on achievinga sustained competitive advantage
- determining a workable ?t between organisational competencies and limitations on theone hand and opportunities and threatson the other
Q24 | What is competitive strategy?
- the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
- the process of evaluating whether outcomes match objectives and, if not, takingcorrective action
- the pattern of managing actions that focus resources and core competence on achievinga sustainedcompetitive advantage
- planning actions at the line of business level about where and how to compete
Q25 | The process of strategic thinking most involves what?
- the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
- the process of evaluating whether outcomes match objectives and, if not, takingcorrective action
- the pattern of managing actions that focus resources and core competence on achievinga sustained competitive advantage
- determining a workable ?t between organisational competencies and limitations on theone hand and opportunities and threatson the other