OMBC201_HRM Assignment

Assignment: 1

Which basic function of management includes establishing goals and standards, developing rules
and procedures, and forecasting?

planning

organizing

motivating

leading

Which function starts right from the time an employee joins an organization and continues until he
leaves the organization.

Recruitment

Training and Development

Induction

Orientation

Which of these is the purpose of recruitment?

Make sure that there is match between cost and benefit

Help increase the success rate of the selection process by reducing the number of visibly
under qualified or over qualified job applicants.

Help the firm create more culturally diverse work - force

Helps the firm in performance appraisal

4

What is linked with performance appraisal?

Job Design

Development

Job analysis

Removing performance decencies

Which of the following appraisal interviews has employee’s development as its objective?

Tell and Sell

Tell and listen

Problem solving

Central Tendency

Which of the following terms means the tendency of a superior to rate a subordinate lower than
what his performance justifies?

Halo effect

Horns effect

Central Tendency

Tell and Sell

What was introduced by American engineer Bill Smith while working at Motorola in 1986.

Six Sigma

Job Design

Recruitment

Job analysis
8

Which corporate management tool helps managers monitor and evaluate employees' work.

360-Degree Feedback

planning

Halo effect

Performance management

Which of the following methods is most appropriate for appraising the potentials of a candidate for
promotion?

Forced choice method

Confidential Report

Assessment Centre

360-Degree Feedback

10

Which is not the criteria of rewards?

Performance

Efforts

Seniority

Failure
11

What is the major issue faced while doing personal planning?

Type of information which should be used in making forecasts

Types of people to be hired

Multiple positions to be filled

Resistance to change and move

12

What is another name for contingency planning?

Synergy planning

Ad hoc planning

Business level planning

Scenario planning

13

What is not the characterises of Grievance Procedures?

Factual

Imaginary

Disguised

Respect

14

Which of the following is not an objective of executive compensation plans?

Separating ownership interest and controlling interest

Enhancing employee motivation, involvement and commitment

Promoting managerial efficiency

Attracting and retaining the best executives

15

The basic functions of management include all of the following except _____________

planning

organizing

motivating

leading

16

Management can ensure control of ____________ by avoiding both shortages and surpluses of
manpower through proper manpower planning.”

No cost

Labour costs

Human resource planning

Labour turnover

17

Proper training can help prevent industrial ____________

Management

Accidents

procurement

Programme
18

The organization is perceived as being made up of powerful and divergent sub-groups - management
and trade unions in___________ perspective

Pluralist perspective

System approach

Unitary approach

Social action approach

19

Human resource managers generally exert _____ within the human resources department and
_____ outside the human resources department.

line authority; implied authority

staff authority; line authority

line authority; staff authority

functional control; authoritarian control

20

______ is a scheme of classifying a job according to the current responsibilities and duties associated
with the job.

Job evaluation

Job specifications

Job classification

Job rotation

21

___________ refers to the process of identifying and attracting job seekers so as to build a pool of
qualified job applicants.

Selection

Training
 Recruitments

Induction

22

Directing is one of the important functions of HRM which comes under___________.

managerial function

Operative function

Technical function

Behavioural function

23

Job bidding is an external method of recruiting and selection

True

False

24

Training is not widely accepted problem-solving device.

True

False

25

The link between performance management and the organization's strategies and goals is often
neglected.

True

False
26

Public recognition such as an award in organized function is best classified as an example of Non-
financial rewards

True

False

27

There should be strict time limits for resolving a grievance at each stage in the grievance procedure.

True

False

28

High-performance work practices are those that lead to high individual andhigh organizational
performance.

True

False

29

Supply and demand is the most important external factor governing recruitments

True

False

30

Training is not generally given in the forms of lectures, conferences, case studies, role-playing and
discussion.

True

False
 Assignment: 2
2 As per the discussion which of the following is an advantage of training employee in the
organization?
It improves morale and enthusiasm of employees
It helps employees identify organisational goals
It gives only learning, growth and co – ordination
It helps to improve company market share.

3 How Mr. Anil helps employees perform well?

By Motivation, Career Goals, Self-Satisfaction
By Globalization
By Organization productivity
By Laber Laws

4 What is the advantage of needs assessment?

It makes training department more accountable
Training is costly
Business can suffer
Increased working hours

5 Which of the following is the off-the-job training?

Television
Job rotation
Induction
Promotion

6 Which of the following is on-the-job training?

Simulation
Role-playing
Mentoring
Management games
 OMBC202_MM Assignment

Assignment: 1

Who postulated Business Definition of Marketing?

Stanton

Holloway

Hancock

Philip Kotler

What organizational design is such that it focuses on customer needs, & accordingly marketing
resources are integrated to serve customer groups with similar characteristics.?

Customer Group approach

Geographical approach

Product Approach

Functional approach

Which Environment actors in companies' immediate environment that affect its ability to serve
market?

Legal Environment

Micro Environment

Technological Environment

Demographic Environment
4

How the People are exposed to countless stimuli everyday and it is impossible to respond to all of
them. ?

Stimuli that people anticipate

Selective Retention

Selecting Distortion

Selective Attention

When the star progresses to what, it has the largest market share in a market whose annual growth
rate falls to less than 10 percent.

Question Mark

cash cows

star

dogs

What is the 3rd step in the marketing research project?

Defining the problem

Analyzing the information

Collecting the information

Drafting Research Report

7

Explain the Areas of Marketing with Decision Focus for Price Research?

Consumer satisfaction

Affordable for consumer

Promotion Mix

Advertising

Select the competitors who do not react quickly to competitor's move?

Laid back competitors

Selective Competitors

Tiger Competitors

Stochastic competitor

Who developed the Forces Model provides a framework for assessing the industry structure and its
attractiveness.?

Michael Porter

Philip kotler

Adam Smith

David Ricardo
10

When the Market leader has the largest market share in the relevant product market, this refers to
which strategies?

Market Challenger Strategies

Market Follower strategies

Market Leader Strategies

Market Nicher strategies

11

What refers to marketing strategy which involves dividing a broad target market into subsets of
consumers, businesses or countries that have or are perceived to have, common needs, interests,
and priorities and then designing and implementing strategies to target them?

Market segmentation

Marker targeting

Market positioning

Market laddering

12

Which term deals with the measurement and evaluation of actual sales vis- à -vis the sales target.

Sales-variance analysis

Micro sales analysis

Market Share Analysis

Sales Analysis
13

Marketing deals with satisfying human and social needs, wants and what.

Wants

Needs

Demands

Values

14

Marketing has evolved through 3 distinct eras like Production Era, Sales Era & select the correct Era

Human Resource

Marketing

Finance

Operations

15

Select the groups various marketing activities into areas of specialization, such as advertising, sales,
and marketing research

Product

Functional

Customer Group

Geographical

16

Value chain can be defined as a tool for identifying ways to create more what?

Customer Ethics

Customer Delight

Customer Satisfaction

Customer Value
17

Which term are also known as Macro-Environment, which comprise of competitive forces,
demographic environment, and economic environment, and natural environment, technological &
political environment.

Semi- controllable forces

Uncontrollable forces

Controllable forces

Fully Controllable Forces

18

The awareness of a need motivates a person to act_________

Attitudes

Perception

lifestyle

motivation

19

Every marketer needs to develop a marketing plan for its product line, brands for achieving
___________

profit

marginal growth

comtemporary approach

marketing goals.
20

Production Suitable functions are adopted to meet the market demand meaned to _____.

finance

Production

manpower

dedication

21

Marketing deals with satisfying human and social needs,______and demands.

Wants

Needs

Demands

Values

22

Marketing has evolved through 3 distinct eras like Production Era,Sales Era & _______Era

Human Resource

Marketing

Finance

Marketing

23

______groups various marketing activities into areas of specialization, such as advertising, sales, and
marketing research

Product

Functional

Customer Group

Geographical
24

Value chain can be defined as a tool for identifying ways to create more ________

Customer Ethics

Customer Delight

Customer Satisfaction

Customer Value

25

Competitive advantage can be suitably analyzed by considering two broad parameters of the
structure of an industry and the market attractiveness.

True

False

26

One of the strategies adapted by global companies is to lower the cost for sustaining competition
and for which shift the manufacturing base in lower cost countries and bringing cheaper goods to
the market.

True

False

27

Marketing covers needs, wants ad demands of individual customers and corporate or business
organization, which might be manufacturing firms or non-manufacturing firms.

True

False
28

Marketing is not encompasses exchange activities conducted by individuals and organization for the
purposes of satisfying human wants .

True

False

29

Consumers satisfy their needs, wants, demands with products/services.

True

False

30

A product is anything that can satisfy a need, want or demand.

True

False
 Assignment: 2

2 Which focal point is considered for the new Smartphone used in the above case?
Low-end phones
Undercut rival products
Mismatch Specification
Discount offers

3 What strategy is used by One-plus to tackle the Indian Market?

Customer Centricity
Expensive Pricing structure
Offline – to- Online approach
Foolish Marketing

4 Select the core strength of the One-Plus which is obsessive focus on?
Disengagement of Customer
Product Design and Quality
Rural Marketing
Co-branding

5 Identify the aggressive type of the strategy used by the case?

Viral Marketing
Community Interaction
Both (I) and (II)
Print Media

6 Choose the challenges faced by the Smartphone market despites being so successful?
Limp Competition
Scaling Online
Quality Sensitive Indian consumers
Low penetration
 OMBC203_FM Assignment

Assignment: 1

Which of the followings is not an objective of financial management?

Maximization of wealth of shareholders

Arrangements of financial resources

Mobilization of funds at an acceptable cost

Ensuring discipline in the organization

The __________ decision involves determining the appropriate make-up of the right-hand side of
the balance sheet.

asset management

financing

investment

capital budgeting

What is the most appropriate goal of the firm?

Shareholder Wealth maximization

Profit maximization

Stakeholder maximization

EPS maximization

Stock options are an example of an agency cost

True

False
5

_________ is the examples of financial assets except?

Stocks

Bank loan

Bond

Raw material

The risk that can be eliminated by diversification is called____________.

specific risk

security risk

market risk

beta

Inventory Turnover measures the relationship of inventory with:

Average Sales

Cost of Goods Sold

Total Purchases

Total Assets

Which of the following statements is correct?

A Higher Receivable Turnover is not desirable

Interest Coverage Ratio depends upon Tax Rate

Increase in Net Profit Ratio means increase in Sales

Lower Debt-Equity Ratio means lower Financial Risk

9

Common size statements and financial ratios are the two tools employed in vertical analysis.

True

False

10

Time value of money indicates that ____________.

A unit of money obtained today is worth more than a unit of money obtained in future

A unit of money obtained today is worth less than a unit of money obtained in future

There is no difference in the value of money obtained today and tomorrow

None of the above

11

A dollar today is worth more than a dollar to be received in the future because

risk of nonpayment in the future.

the dollar can be invested today and earn interest.

inflation will reduce purchasing power of a future dollar.

None of the above

12

The future value is the same concept as the way money grows in a bank account.

True

False
13

Ownership of goods under hire purchase agreement is transferred at the time of

Payment of down payment

Payment of first instalment

Payment of last instalment

At the time of agreement

14

The cheapest source of finance is

debenture

equity share capital

preference share

retained earning

15

Which of the following has the highest cost of capital?

Equity shares

Loans

Bonds

Preference shares

16

The three major sources of long-term funds are surplus, internal cash funds, debit capital, and equity
capital.

True

False
17

Return on Investment Ratio (ROI) =

(Gross profit / Net sales) x 100

(Gross profit x Sales / Fixed assets) x 100

(Net profit / Sales) x 100

(Net profit / Total assets) x 100

18

Weighted Average Cost of Capital is generally denoted by:

Ka

Kw

Ko

Ke

19

A firm should select the capital structure that:

produces the highest cost of capital.

maximizes the value of the firm.

minimizes taxes.

equates the value of debt with the value of equity.

20

A firm's business risk is largely determined by the financial characteristics of its industry, especially
by the amount of debt the average firm in the industry uses.

True

False
21

The optimal capital structure has been achieved when the:

debt-equity ratio is equal to 1.

weight of equity is equal to the weight of debt

debt-equity ratio is such that the cost of debt exceeds the cost of equity

Debt-equity ratio results in the lowest possible weighted average cost of capital.

22

A firm with high operating leverage has:

low fixed costs in its production process.

high variable costs in its production process.

high fixed costs in its production process.

high price per unit.

23

The debt ratio is a perfect measure to examine financial risk.

True

False

24

EBIT is usually the same thing as__________.

Funds provided by operations.

Earnings before taxes.

Net income

Operating profit.
25

More efficient management of working capital assets will lessen the firm’s needs for financing.

True

False

26

The size of the accounts payable is affected by the level of the firm’s cost of goods sold and the
average payment period.

Cash float

Accounts receivable

Credit sales

A new personal computer for the office

27

Net working capital refers to________

total assets minus fixed assets.

current assets minus current liabilities.

current assets minus inventories.

current assets.

28

What is the net present value?

the future value of a project’s cash flows plus its initial cost

the present value of a project’s cash flows plus its initial cost

the future value of a project’s cash flows minus its initial cost

the present value of a project’s cash flows minus its initial cost
29

The NPV measures the ______ change in shareholder wealth that arises from undertaking a project.

consistent

dollor

annual

semi-annual

30

In capital budgeting, the financial manager tries to identify investment opportunities that are worth
more to the firm than they cost to acquire.

True

False
 Assignment: 2
2 Which of the following concept of Financial Management as advised by Mr. Ghosh in the above
situation?
Capital Budgeting
Capital Structure
Dividend Decision
Working Capital Decision

3 In the above case Mr. Ghosh suggested to raise more fund from debt. So Higher debt-equity ratio
results in:
Lower financial risk
Higher degree of operating risk
Higher degree of financial risk
Higher Earning of profit.

4 The proportion of debMr. T. Ghosh who advised him about the judicious mix of equity (40%) and
Debt (60%)” The proportion of debt in the overall capital is called___________.
Working Capital
Financial Leverage
Total Assets
None of these

5 Applying more of cheaper debt may enhance the EPS. Such practice is called:
Equity Trading
Financial Leverage
Investment Decision
Trading on Equity

6 The financing decisions are affected by various factors. Which one of the following factor is
discussed in the above case? Choose the correct option.
Cash Flow Position of the Company
Cost
Amount of Earnings
Taxation Policy
 OMBC204_OM

Assignment: 1

What refers to the economic process of converting of inputs into outputs.

Production

Marketing

Process

Inputs

What is those ongoing recurring (cyclic) activities involved in the running of a business for the
purpose of producing value for the stakeholders.

Manufacturing

Business Operation

Process

Production

Which are the two reasons that capacity and location problems are interrelated are (choose the best
answer)

Increased networking and information needs

The need for producers to locate near customers and the growth of the network firm

Legal requirements and safety requirements

Logistics and information needs.

4

Which of the following is NOT a method which is used in location analysis?

linear Programming-transportation model

best location method

cost analysis

center of gravity method

What is the Compute required cycle time for a process that operates 8 hours daily with a required
output of 300 units per day

.625 minutes

1.6 minutes

37.5 minutes

.027 minutes

When Methods analysis focuses on to see

reducing the number of steps required to perform a task.

the raw materials that are consumed in performing a task

how a task is accomplished

the design of the machines used to perform a task.

Why flow diagram is used

used to analyze the movement of people or materials

a way of improving utilization of an operator and a machine

used to examine the ergonomics of a job.

a chart depicting right- and left-hand motions

8

what is the phenomenon of both management and employees striving to meet common objectives
is called

mutual commitment.

unconstrained strategy.

mutual trust

labor planning

Which techniques of work measurement to establish time for a qualified worker to carry out a
specified task under specified conditions and at the defined level of performance.

Time

Time Study

Work

Sampling

10

which are those incentives which do not offer any monetary benefit

Non-financial-incentives

financial-incentives

Incentive

Money
11

what is the amount of production capacity that can be made available in the short-term.

Capacity

Linked Capacity

Immediate Capacity

Planning

12

Which materials management is a coordinating function responsible for planning and controlling
materials flow.

Maximize the use of the firm's resources

Location

Capacity

Function

13

Which Inventory not only makes up a portion of the cost of goods sold but has to be purchased at
the beginning of production to be processed into finished goods. This type of inventory is called

work-in-process

finished goods

raw materials

System
14

Which responsibility giving workers for quality improvements and authority to make changes is
known as

continuous improvement

passing the buck

benchmarking

employee empowerment

15

Maintenance performed on a calendar basis called……………….

Periodic maintenance

Calendar maintenance

Maintenance

Work

16

……………………..is a unique set of activities aimed towards achieving an objective within given time
and estimated cost.

Project

Proposal

Plan

Property
17

……………………….. is appropriate for Six Sigma quality?

Defects per hundred

Defects per thousand

Defects per hundred thousand

Defects per million

18

……………………….. is NOT consistent with the concept of TQM?

Organizational leadership

Quality control departments

Continuous improvement

Customer focus.

19

…………………………………..is NOT an attribute to classify services?

Tangibility

Perishability

Simultaneity

Degree of customer contact

20

………………………….. statements corresponds to an order-winning characteristic

A factor which may be significant in other parts of the organization

A factor which gives an organization a competitive edge

A factor which serves as a minimum standard for purchase

A factor which increases the profitability of the organization

21

Organizations can be divided into two broad categories …………………….

manufacturing and service organizations

Orgnization & orgnization

Process & System

Production & Process

22

The ………... is an example of a quasi-manufacturing type of company

Postal Service

Manufacturing

System

Lock

23

A fixed factor of production is one whose quantity cannot readily be changed

True

False

24

productivity is normally written as follows Total productivity = Output quantity / Input quantity

True

False
25

A total systems view point is essential in the facilities planning process

True

False

26

Plant layout is an important decision as it represents long-term commitment

True

False

27

Objective of Work Study is to improve Productivity

True

False

28

Acrograph technique is used to record path of motions of the members of the body during method
study

True

False

29

Inadequate production capacity ultimately leads to Poor Customer Service

True

False
30

Time Study is the most widely used technique of work measurement

True

False
 Assignment: 2

2 Process layout is also known as ________.

Functional layout
Batch production layout
Straight line layout
Layout

3 Which of the following explain the need for facility location selection?
When the existing business unit has outgrown its original facilities and expansion is not
possible.
When a business is newly started.
When the lease expires, and the landlord does not renew the lease.
Nothing

4 Transportation cost mainly depends on which of the following factors?

Distance
Weight of merchandise
Time required for transportation
Vehicle

5 What are the Advantages of Plant Layout

more output per man-hour
Lesser number of operations and material handling
Shifting
Manufacturing

6 Which of the following Factors Affecting the Plant Layout Decision

Type of Machines
Scale of Production
Type of production
Facility
 OMBC205_MIS

Assignment: 1

The information in MIS comes from the boot source

Internal

External

Superficial

Internal and External

The important factor of MIS is

Information

Systems

Planning

None of the above

E-business is not possible without

Intranet

Extranet

Internet

PC
4

Data mining is used in relation with which of the following?

operational management

analyzing past decision made by managers

detecting patterns in operational data

retrieving archival data

What is the requirement of Data mining?

large quantities of operational data stored over a period of time

lots of tactical data

several tape drives to store archival data

large mainframe computers

What is the purpose of Decision support systems ?

Management decision making

Providing tactical information to management

Providing strategic information to management

Better operation of an organization

Who are the users of Decision support systems?

Line managers

Top-level managers

Middle level managers

System users
8

Why Decision support systems are used for?

Day–to-day operation of an organization.

Providing statutory information.

Top level strategic decision making

Ensuring that organizations are profitable

Which phase of the SDLC are information needs identified?

Preliminary investigation

Systems analysis

Systems design

Systems development

10

Interpret the phase of the SDLC, where new or alternative information systems are designed.

preliminary investigation

Systems analysis

Systems design

Systems development
11

Classify the phase of the SDLC, in which new information systems are installed and adapted to the
new system, and people are trained to use them.

preliminary implementation

Systems analysis

Systems design

Systems development

12

What activities are undertaken in the first step of the SDLC?

propose changes

analyze data

gather data

write system analysis report

13

Which of the following shows levels of management and formal lines of authority?

organization chart

decision table

pyramid diagram

grid chart

14

What is referred the list of questions used in analysis ?

organization chart

interview guideline

grid table

Checklist
15

Which of the following system provides a manager with the information needed to make decisions
regarding, the firm's operational activities.

ElS

ES

MIS

EDI

16

From which system MIS receives the input ?

EIS

ES

DSS

TPS

17

Which of the following is not a function of E-Commerce?

Marketing

supply chain

Finance

Warehouse
18

What is referred as a system of interconnected electronic components or circuits.

Marketplaces

Metamarkets

Electronic Markets

Electronic Network

19

Explicitness is a prominent attribute of management information procured through MIS of an

organization

True

False

20

Deciding where to locate new production facilities is an example of a manufacturing and production
information system operating at the Operational level.

True

False

21

Plan must include the future systems concept for implementation of the new Information system.

True

False

22

Tracking employee training, skills, and performance appraisal is an example of a human resource
information system operating at the Operational level.

True

False
23

In MIS data plays economically sound and logically in development process.

True

False

24

Assembling a product, identifying customers and hiring employees are Business Functions.

True

False

25

Auxiliary memory means ________

Supplementary

Volatile

Extended

Complimentary

26

Information helps decision making by minimizing the element of ________ and uncertainty.

Confusion

Risk

Surprise

Misunderstanding
27

__________ systems focus on managing documents, communicating, and scheduling.

Office automation

Transaction processing

Knowledge work

Executive support

28

____ planning systems deals with the projections of the future.

Operational

Strategic

Processing

Statistical

29

The _____ system which is closest to the stress will change the most.

super

probabilistic

sub

stable

30

The final element of feedback is essential for system operation and for ____.

self-regulation

correct errors

testing

debugging
 Assignment: 2

2 Identify the benefits of restaurant management system

manage inventory
manage order
generate financial statements
all of the above

3 Choose from the given below an incomplete restaurant management system?

Complete POS system
End-to-end system
Loyalty program cards
Online reservation and payment system

4 Select - The POS can be

on premise
Cloud based
Both of the above
None of the above

5 Choose what kind of data is required to offer loyalty programs?

Customer data
Staff strength
Both of the above
None of the above

6 Select the best option that we need to manage restaurants online.

ERP
MIS
Tally
Oracle
 OMBC206_SMBP

Assignment: 1

Choose the appropriate term for the statement of the role by which an organization intends to serve
its stakeholders.

Objectives

Vision

Mission

Goals

Identify what does T stands for in PESTLE analysis

Technology

Title

Tactics

Task

Choose from the options Which is not an area identified by researchers for setting objectives?

Productivity

Profit

Marketing

Investment
4

Infer what may be expressed in terms of product development, product diversification, branding etc.

Product Objective

Human Resource Objective

Productivity Objective

Marketing Objective

Choose from the option who has propounded the competitive forces model

Mc Kinsey

Boston Consulting Group

Michael Porter

Robinson Watt

Identify the strategy that capitalizes on a situation in which old and obsolete product or technology
is being replaced by a new one.

Endgame strategy

Harvesting strategy

Stable Growth Strategy

Holding Strategy

Infer in which of the following types risk sharing is the primary bonding tool

Enterprise

New market

Company

Partnership
8

Retrenchment strategies call for two primary actions one is restructuring and identify the other

Stability

Expansion

Cost cutting

Integration

Choose the type of authority when decision making is dispersed throughout the different levels in an
organization.

Span of Management

Decentralization

Scalar Chain

Centralization

10

Identify about tThe cost levels in Indian industry in general

Cannot determine

Moderate

Low

High
11

Identify what refers to the degree to which a company specifies how decisions are to be made so
that employees' behavior becomes predictable.

Output Control

Personal Control

Standardisation

Profit Control

12

Choose the strategy Dominos is an example of

Joint Venture

Public Private Partnership

Licensing

Franchising

13

Identify the third of the three generic strategies Porter has enunciated: Overall Cost Leadership,
Focus and

Profit

Partnership

Differentiation

Wealth Maximisation
14

Choose the term used for Businesses that have high growth rate and high market share

Cash Cow

Stars

Dog

Question Mark

15

Experience Curve was developed by the Boston Consulting Group.

True

False

16

Product Objective may be expressed in terms of ratio of input to output.

True

False

17

Strategic management helps organizations to be more proactive instead of reactive in shaping its
future.

True

False

18

Intensification involves expansion within different line of business.

True

False
19

Human resource Objective may be described in terms of absenteeism, turnover, Strategic

Framework number of grievances, strikes and lockouts etc.

True

False

20

Strategy deals with long term developments rather than routine operations.

True

False

21

Opportunities are internal factors.

True

False

22

Personal control is the desire to shape and influence the behavior of a person in a face-to-face
interaction

True

False

23

The strategic management process is _______ and continuous.

Time consuming

Dynamic

Flexible

Useless
24

The structure that organizations most commonly adopt to solve the control problems that result
from producing many different kinds of products for many different market segments is the _______
structure.

Product

Matrix

Functional

Network

25

Among the following, who is not a Management expert?

Peter F. Drucker

Mc Kinsey

Albert Grahmbell

Elton Mayo

26

To implement cost leadership, a company chooses a combination of structure, _____, and culture

Initiative

Control

Partnership

Team Spirit
27

_________ is a graphical network depicting the different segments of work that must be completed
within a given span of time to complete a project or task.

Mc Kinseys 7s

PIMS

MBO

PERT

28

In order to handle people effectively it is useful for a leader to understand _______.

Human Nature

Environment

Organisation

Customers

29

The PIMS model was started at __________.

Western Germany Company

Boston

General Electric

Mc Kinsey's 7s framework

30

___________ is a euphemism for a layoff.

Capitalisation

Expansion

Retrenchment

Downsizing
 Assignment: 2

2 What does T in the acronym PESTLE stands for?

Transitional
Theoretical
Technological
Technical

3 For analysis of which of the following factors PESTLE analysis is used.

Internal Environment Assessment
Organizational Assessment
External Environment Assessment
Empirical Assessment

4 Which of the following seems a political factor but is also attributed to some other factor in PESTLE
ANALYSIS?
Government’s decision to change tax rates
Instability of Government
Easing licensing terms to new business
Governmental guidelines for diet and health

5 In context of PESTLE analysis Technological scanning refers to

strategies of multinational firms based on technologies.
locating a firm's research centres in countries or regions where relevant
cutting-edge research is pursued.
a framework for strategic planning in the knowledge economy.
the process of identifying technologies in the external business environment.

6 Which of the following is NOT an example of a political risk?

Government regulations
Cost of production
War
Civil unrest
 OMBC207_ED

Assignment: 1

All of the following are true about entrepreneurs except:

Starting a business is risky and often ends in failure.

Money is the most important start up ingredient.

Entrepreneurs are their own bosses and completely independent.

All of these are myths about entrepreneurs.

Which of the following shows the process of creating something new?

Development

Modelling

Innovation

Creative flexibility

It is the first step in the direction of setting up of an enterprise.

Organization

Planning

Management

Decision-Making
4

Developing a new idea through inquiry and testing is called

Heuristics

Forced relationship

Scientific method

Value analysis

Which of these characteristics has not been associated with entrepreneur's success?

Commitment and determination

Creativity, self-reliance and ability to adapt

Leadership

Motivation to fail

It is all about rules governing the way in which we determine what is 'right' or 'wrong', 'good' or
'bad'

Ethics

Rules

Responsibilities

Regulations

Which is not one of the Project management processes?

Initiating

planning

Monitoring and Controlling

Integration function
8

What is the full form of SME?

Small-to-Management Enterprise

Small-to-Medium Enterprise

Small-to-Mandatory Enterprise

Small to Micro Enterprise

What is full form of SISI

Small Industries Service Institute

Spot Industries Service Institute

Sky Industries Service Institute

Small Industries Service Incorporation

10

It faces non-transparent and often unpredictable regulatory and tariff regimes.

Exports and imports

Intellectual property protection

Recruitment in India

Investor protection and enforcing contracts

11

"To write the perfect plan, you must know your company, your product, your competition and the
market intimately.” Name the step of business plan.

Determine the purpose of your plan

Create a company profile

Research

Document all aspects of your business

12

What is full form of EDII

Employee Development Institute of India

Employee Digital Institute of India

Entrepreneurship Development Institute of India

Employer Development Institute of India

13

It refers to the flow of goods through a distribution channel not authorized or intended by the
manufacturer.

Grey market

Wholeseller market

Retail Market

Black market

14

He is one of the most influential social thinkers to have studied bureaucracy in detail.

Peter Drucker

Henry Fayol

Hawthorne

Max Weber
15

It is taking of as not only a way of doing business but as a movement, it is also attracting growing
amounts of talent and even venture capital attention.

Leadership

Social entrepreneurship

Entrepreneurship

motivation

16

Which of these statements is not true with respect to entrepreneurship?

They need to be very methodical in business activities

They are people with personal values.

Entrepreneuers are scared of competitors

They get motivated by pull influences

17

What are the primary financial objectives of any firm?

Efficiency, effectiveness, strength, and flexibility

Efficiency, effectiveness, power, and success

Liquidity, control, effectiveness, and power

Liquidity, profitability, efficiency, and stability

18

What if full form of NIESBUD

National Institute for Entrepreneurship and Spot Business Development

National Institute for Entrepreneurship and Small Business Development

National Institute for Entry and Small Business Development

National Institute for Entrepreneurship and Small Business Dealing

19

----------------- is a set of systems and practices to ensure that the affairs of the business are being
managed in a way which ensures accountability, transparency, fairness in all its transactions in the
widest sense and meet its stakeholders aspirations and societal expectations.

business process

Corporate Governance

operations management

business ethics

20

_____________ remains complex, because of the difficulties in establishing legal ownership and a
'clean' holding for purchase.

Electricity

Construction permits

Land acquisition

Infrastructure

21

'Financial institution' is established mainly to provide long-term capital for _________.

Share holders

Marketers

Educational Societies

Industries & agriculture.

22

The basic purpose of ____ is to generate more employment opportunities for rural people.

District Industries Centers (DIC).

Central small industries organization (CSIO)

Small industries service institute (SISI's).

State Bank of India (SBI)

23

Small businesses are _____ and can respond to changing economic conditions by refocusing their
efforts on personal service.

Self-assessment

Sluggish

Toll

Unique

24

________ communicate effectively not only to their teams but also to external “stakeholders”.

Labours

Entrepreneurs

Wholesellers

Retailers

25

NIESBUD plays a supportive role in developing the efficiency of organisations which aredirectly or
indirectly engaged in promoting entrepreneurship.

True

False
26

“Devising and maintaining a workable scheme to accomplish the business need” is not a planning
process.

True

False

27

The focus of an entrepreneur lies in starting the business and later expanding the business.

True

False

28

NIDC stands for National Institute of Development corporation

True

False

29

The entrepreneur is more than a manager. He or (she) is an innovator and promoter as well. Forrest
H. Frantz said it

True

False

30

Government does not plays a very important role in developing entrepreneurship.

True

False
Assignment: 2

1 List down the entrepreneurial qualities of Sabeer Bhatia

Persistent
Innovative
Avoid Risk
Disciplined

2 Discover the competencies required to be creative

Reading skills
Critical Thinking
Open Minded
Analytical

3 How Developing Creativity among budding entrepreneurs

Brainstorming
Value Analysis
Education
Practice

4 Which environmental factors impacted in creating entrepreneurship in Sabeer Bhatia

Family Culture
Government policy
Education
Friends

5 After reading about Sabeer Bhatia what is your opinion about whether entrepreneurs are made or
born?
Born
Made
Only Born
Born and Made
1 What are the characteristics of a good entrepreneur Bhavik and Ratul are missing because of which
it is taking time for them to come to conclusion about the venture?
Self-confidence
Work with Vision and Mission
Initiative and Enterprising personality
Avioding Risk

2 Ritvik and Ratul business ideas are the best example of which type of entrepreneurship
Market reseach based
Classic business
Start-up
Creative idea based

3 Martha Stewart exibited what qualities to be sucessful entrepreneur?

Imaginative
Developmental
Optimistic
Intuitive

4 Because of Martha Stewart case what basic notions in business is rethinkable

Free-market economy
Less harm-less actions
Role of govt regulation
Perils & promises of personal branding

5 Which institute existing in India can help Ritvik and Ratul to materialise their business ideas?
DIC
Incubation centers
EDII
Chamber of Commerce