Information Systems And Engineering Economics Set 1

On This Page

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