MGT503 Current Quiz

Question # 2 of 15 ( Start time: 02:46:48 PM ) Total Marks: 1
When managers avoid the rational decision-making model and find ways to satisfice themselves , they are following which of the following concept?
Select correct option:

Jurisprudence
Bounded rationality
Least-squared exemptions
Self-motivated decisions

Question # 3 of 15 ( Start time: 02:47:14 PM ) Total Marks: 1
Agency head or plant manager is most likely associated with which of the following managerial role?
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Team leaders
Middle managers
First-line managers
Top managers

Question # 4 of 15 ( Start time: 02:47:37 PM ) Total Marks: 1
Which of the following approach focuses on a set of interrelated and interdependent parts arranged in a manner that produces a unified whole?
Select correct option:

Process
Function
Systems
Contingency

Question # 7 of 15 ( Start time: 02:49:30 PM ) Total Marks: 1
A leading supporter of the classical view argues that anytime managers decide on their own to spend their organization’s resources for the “social good,” are:
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Contributing social benefits in the name of goodwill
Just doing what the government says they have to do
Helping make society a better place for everyone to live
Adding to the costs of doing business

Question # 8 of 15 ( Start time: 02:50:41 PM ) Total Marks: 1
A state legislative plan that calls for a 2.45 percent increase in tobacco sales tax for the next 2 years would be considered which of the following type of plan?
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Tactical
Operational
Specific
Directional

Question # 9 of 15 ( Start time: 02:51:01 PM ) Total Marks: 1
Management science and operations management are the branches of:
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Knowledge management
Total quality management
Marketing management
Quantitative management

Question # 10 of 15 ( Start time: 02:52:07 PM ) Total Marks: 1
An organization’s specific environment:
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Is unique and changes with conditions
Is the same regardless of the organization’s age
Is determined by the top level of management
Is quantified to determine its existence

Question # 11 of 15 ( Start time: 02:52:32 PM ) Total Marks: 1
The time period for the construction of pyramids was:
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10 years
15 years
30 years
20 years


Question # 12 of 15 ( Start time: 02:53:07 PM ) Total Marks: 1
An appropriate managerial behavior in a given situation that depends on a wide variety of elements, is called:
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Open system
Contingency perspective
Entropy
Quantitative perspective

Question # 13 of 15 ( Start time: 02:53:37 PM ) Total Marks: 1
All of the following are reasons to look at theoretical perspectives of management EXCEPT:
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Understanding the present
Source of new ideas
History repeats itself
Guide to action

Question # 14 of 15 ( Start time: 02:54:22 PM ) Total Marks: 1
Ali has just received each and every necessary statistics on the proposed new purchases for his organization. Ali is now ready to render his decision about them. Ali will be making his decision under conditions best referred to as:
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Risk
Certainty
Risk avoidance
Uncertainty

Question # 15 of 15 ( Start time: 02:55:25 PM ) Total Marks: 1
Discrepancy between existing and a desired state of affairs is called:
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Opportunity
Solution
Weakness
Problem