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Controlling Test - 43

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Controlling Test - 43
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Which of the following is not a technique of control?
    Solution

    Span of control is a term originating in military organization theory, but now used more commonly in business management, particularly human resource management. Span of control refers to the number of subordinates who report directly to a given manager or supervisor.

  • Question 2
    1 / -0
    An important aspect of control is that the
    Solution
    A good control system enables management to verify whether the standards set are accurate and objective. An efficient control system keeps a careful check on the changes taking place in the organisation and in the environment and helps to review and revise the standards in light of such changes. The performance of workers are judged according to predetermined standards.
  • Question 3
    1 / -0
    Summary transaction data, high-volume data, and simple models are information inputs characteristic of _________________.
    Solution
    Summary transaction data, high-volume data, and simple models are information inputs characteristic of Management Information System(MIS). Management Information System can be defined as an information system which is used for decision-making purpose and for maintaining coordination in the organization. It also helps to visualize the information of the organization.
  • Question 4
    1 / -0
    MIS normally found in a manufacturing organization will not be suitable in the ______.
    Solution
    MIS normally found in a manufacturing organization will not be suitable in the service sector. MIS is normally found in manufacturing sector. A Management Information System can be defined as an information based system which is used for the decision -making purpose and for maintaining coordination in an organization. It helps to visualize the information of the organization.
  • Question 5
    1 / -0
    The information of MIS comes from the _____.
    Solution
    The information of MIS comes from the boot internal and external source. MIS is normally found in manufacturing sector. A Management Information System can be defined as an information based system which is used for the decision -making purpose and for maintaining coordination in an organization. It helps to visualize the information of the organization.
  • Question 6
    1 / -0
    ______________ system can be any organized combination of people, hardware, software, communications networks and data resources that collects, transforms and disseminates information in an organization.
    Solution
    Information system can be any organized combination of people, hardware, software, communications networks and data resources that collects, transforms and disseminates information in an organization. Information system basically helps to deliver the information to the concerned persons to get all the activities done in an efficient manner to run the organization in a proper way.
  • Question 7
    1 / -0
    Management audit is a technique to keep a check on the performance of ____.
    Solution
    Management audit is a technique which helps in measuring the efficiency and effectiveness of management. It is a comprehensive and constructive review. Thus, we can say it is defined as the review of the functioning performance and to improve its efficiency in future period hence it serves as an effective technique of controlling following points are proving the same.
    (i) It helps to locate present and potential deficiencies in the performance of management functions.
    (ii) It helps to improve the control system of an organisation by continuously monitoring the performance of management.
    (iii) It ensures updating of existing managerial policies and strategies in the light of environmental changes.
    This results in efficient controlling of management.
  • Question 8
    1 / -0
    Who conducted an extensive survey of management style?
    Solution
    Rensis Likert conducted an extensive survey of management style in 1960. He outlined four systems of management to describe the relationship, involvement and roles of managers and subordinates in industrial settings. They are exploitative authoritative, benevolent authoritative, consultative and participative.
  • Question 9
    1 / -0
    Rohit Ltd. budgets to produce 120 units, each using 3 kg material @ Rs. 2 per kg. Actual production is 100 units. Actual material used is 330 kg. @Rs. 2.20 per kg. The material usage variance is :
    Solution
    Material Usage Variance =(Standard Qty for actual production-Actual Qty)*Standard Rate

    Standard Material required to produce actual quantity=100*3= 300 Kgs
    Actual Material used=330 Kgs
    Standard rate=Rs.2 Per kg.

    = (300-330)*Rs.2
    =Rs.60 (Adverse)
  • Question 10
    1 / -0
    Which is the ideal management system according to Likert?
    Solution
    According to Likert, democratic or participative leadership style is the ideal management system. In this style, the manager has complete confidence and trust in subordinates and allows them a direct equal participation in decision making. Subordinates also feel completely free to discuss things about the job with their superiors. 
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