Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

_________state that "leadership is influencing people to follow in the achievement of a specialized goal".

organisation of commerce and management leadership leadership theories directing commerce

  1. Koontz and O'Donnell

  2. Gray Desslor

  3. George R. terry

  4. Lewin, Lippitt & white

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Correct Option: A
Explanation:

Koontz and O'Donnell state that " leadership is influencing people to  follow in the achievement of a specialized goal". 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.

Match List I with List II and select the correct answer using the codes given:

List I List II
A. Ohio State University Study 1. Production centered and employee centered
B. University of Michigan study 2. Consideration and initiating structure
C. Likert's System Four 3. Country club, team manager. impoverished, task manager
D. Fiedler's Leadership Model 4. Exploitative authoritative, benevolent authoritative, consultative, participative
5. Leader-member relations, task structure, position power
organisation of commerce and management leadership leadership theories directing commerce

  1. A - 1, B - 2, C - 4, D - 5

  2. A - 2, B - 1, C - 3, D - 4

  3. A - 2, B - 1, C - 4, D - 5

  4. A - 5, B - 2, C - 3, D - 4

Show answer
Correct Option: A
Explanation:
List 1  List 2
 Ohio State University Study  Production centered and employee centered
 University of Michigan study  Consideration and initiating structure
 Likert's System Four  Exploitative authoritative, benevolent authoritative, consultative, participative
Likert's System Four
 Fiedler's Leadership Model  Leader-member relations, task structure, position power

Match the items of List-I with List-II and select the correct code:

List-I List-II
(a) Getting Effective Leadership in the Industrial Organization (i) Dale Yoder
(b) The Nature of Leadership Organization and Management (ii) Alford and Beatty
(c) Industrial Management (iii) Douglas McGregor
(d) Personnel Management (iv) Chester I. Bernard
organisation of commerce and management leadership leadership theories directing commerce

  1. $(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)$

  2. $(a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)$

  3. $(a) - (iii), (b) - (iv), (c) - (i), (d) - (ii)$

  4. $(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)$

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Correct Option: B

A leader who identifies what subordinates need to do to achieve objectives, clarifies organizational roles and tasks, sets up an organization structure, rewards performance and provide for the social needs of their followers, is __________.

organisation of commerce and management leadership leadership theories directing commerce

  1. a transformational leader

  2. a participative leader

  3. a transactional leader

  4. an autocratic leader

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Correct Option: C

Consider the following leadership styles:
1. Telling 2. Autocratic
3. Selling 4. Motivating
5. Participating 6. Delegating
7. Charismatic
Select the four styles of leadership explained by Hersey and Blauchard.

organisation of commerce and management leadership leadership theories directing commerce

  1. $1, 2, 6$ and $7$

  2. $2, 3, 4$ and $5$

  3. $1, 3, 5$ and $6$

  4. $4, 5, 6$ and $7$

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Correct Option: C

Blake and Mouton`s managerial Grid has all of the following management styles except ________.

organisation of commerce and management leadership leadership theories directing commerce

  1. impoverished

  2. democratic

  3. authority-obedience

  4. country club

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Correct Option: B

Price earning ratio is 83.33% and E.P.S. is Rs. 30. The market price of equity share will be _____________.

organisation of commerce and management concept of market and marketer marketing environment meaning and definition of marketer role of marketing

  1. Rs. 33.33

  2. Rs. 66.67

  3. Rs. 20

  4. Rs. 25

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Correct Option: D

Shares issued in Primary market in the form of IPO and FPO. IPO means?

organisation of commerce and management concept of market and marketer marketing environment meaning and definition of marketer role of marketing

  1. India Public Offer

  2. Initial Private Offer

  3. Initial Public Off

  4. Initial Public Offer

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Correct Option: D

Consumer behavior is the result of a _____.

organisation of commerce and management concept of market and marketer marketing environment meaning and definition of marketer role of marketing

  1. Mental process

  2. Technical process

  3. Scientific process

  4. Social process

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Correct Option: A

FIMMDA stands for ___________________.

organisation of commerce and management concept of market and marketer marketing environment meaning and definition of marketer role of marketing

  1. Foreign Investment Markets & Derivatives Markets Association

  2. Fixed Income Money Markets & Derivatives Association.

  3. Fixed Income & Money market Development Association.

  4. Floating Income & Money Markets derivative Assets

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Correct Option: B