Project Management Set 7 MCQs

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.