Tag: commerce

Questions Related to commerce

Which among the following is an example of "The Behavioural Theory"?

organisation of commerce and management leadership leadership theories directing commerce

  1. Effective Leader

  2. Character of Leader

  3. Leader is a leader

  4. Personality

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Correct Option: B
Explanation:

Character of Leader is an example of "The Behavioural Theory". The Behavioural Theory helps to analyze and evaluate the characteristic traits of a Leader. The Behavioural theory helps to explain why the behaviour of human changes.

Situational Leadership Theory was first introduced as ____________.

organisation of commerce and management leadership leadership theories directing commerce

  1. Leader-Member Exchange Theory

  2. Life Cycle Theory of Leadership

  3. Vertical Dyad Linkage (VDL) Theory

  4. None of these

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Correct Option: B
Explanation:

Situational Leadership Theory was first introduced as Life Cycle Theory of Leadership. The essence of situational leadership is that effective leaders should tailor their style according to the situation. Using the situational leadership approach can build morale among employees and create a productive environment.

Which one is not a theory of Leadership?

organisation of commerce and management leadership leadership theories directing commerce

  1. Accounting theory

  2. Functional theory

  3. Contingency theory

  4. The life cycle theory

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Correct Option: A
Explanation:

Accounting theory is not a theory of Leadership. Accounting theory can be defined as a set of assumptions, frameworks and methodologies whiich are basically used in the study and application of financial reporting principles. it provides an authoritative and thorough grounding in financial accounting.

The key situational factor that determine leadership effectiveness is __________.

organisation of commerce and management leadership leadership theories directing commerce

  1. leader-member relationship

  2. task structure

  3. position power

  4. all of these

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Correct Option: D
Explanation:

The key situational factor that determine leadership effectiveness is leader-member relationship, task structure and position power. All these factors helps the leaders to improve their effectiveness. An effective leader must have the ability to size up a situation and make decisions based on what is the best thing to do.

The Situational Leadership Theory was developed by _____________.

organisation of commerce and management leadership leadership theories directing commerce

  1. Paul Hersey and Ken Blanchard

  2. Robert House

  3. Nod Herrmann

  4. McKinsley

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Correct Option: A
Explanation:

The Situational Leadership Theory was developed by Paul Hersey and Ken Blanchard. Situational leadership can be referred  to a situation when the leader or manager of an organization must adjust his style to fit the development level of the followers he is trying to influence. In situational leadership theory, the style of the leader may change continually to meet the needs of others in the organization based on the situation.

Which one of the following Is not a function of a leader in an organisation?

organisation of commerce and management leadership leadership theories directing commerce

  1. Motivating employees

  2. Fixing the remuneration package of the employees

  3. Resolving conflict

  4. Selecting the most effective communication

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Correct Option: B

To be a global leader in promoting good corporate governance is ______of ICSI.

organisation of commerce and management leadership leadership theories directing commerce

  1. Mission

  2. Vision

  3. Both (A) and (B)

  4. None of above

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Correct Option: B

Tick mark the correct answer.
Leadership is a function of all the following except.

organisation of commerce and management leadership leadership theories directing commerce

  1. Work group

  2. Product or service

  3. Leader

  4. Situation

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Correct Option: B
Explanation:

Leadership is a function of all the following except product or service. Leadership can be defined as a process of influencing the behaviour of people at work towards the realization of specific goal. The influence under leadership is always for the achievement of common goal.

__________ is the ability to influence human behaviour.

organisation of commerce and management leadership leadership theories directing commerce

  1. Interpersonal skills

  2. Decision-making skills

  3. Administrative skills

  4. Leadership skills

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Correct Option: D
Explanation:

Leadership skill is the ability to influence human behaviour. Leadership  is a process of influencing the behaviour of people at work towards the achievement of specified goal. In simple terms, leadership can be defined as the process of influence.

Leadership is possible in ________.

organisation of commerce and management leadership leadership theories directing commerce

  1. organised groups

  2. unorganized groups

  3. both (a) and (b)

  4. none of the above

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Correct Option: C
Explanation:

Leadership is possible both in organised and unorganised groups. Leadership is a process of influencing the behaviour of people at work towards the achievement of organisational goals. It shows interpersonal relationship between leader and followers. The leaders have informal authority only that is the authority of trust and faith shown by the group members.