List of practice Questions

State any four limitations of internal sources of recruitment.

State any four benefits of staffing to the organization.

State any three features of Co-ordination.

State any three points of significance of Principles of Management.

Explain 'Transfers' and 'Promotions' as internal sources of recruitment.

Explain 'Placement and Orientation' and 'Performance Appraisal' as steps in the process of 'Staffing' function of management.

Identify and explain the external source of recruitment discussed in each of the following cases:
Veer Infrastructure Pvt. Ltd. was handling the construction of a government hospital building in Unedabad. During the monsoon season, the project was delayed and there was a sudden rush of work to meet the deadline. The site supervisor placed a notice at the entrance of the construction site stating "Daily wage labourers needed for 15 days. Report with Identity Proof on Monday at 9:00 A.M. Preference for workers with experience in masonry or carrying materials".

Alka Motors is one of the leading automobile companies in India. Due to growing demand for electric vehicles, Alka Motors planned to expand its business and for this, it wanted to raise funds. The finance manager suggested that it should raise funds through equity as the market was bullish. As per the suggestion of finance manager, the company decided to raise ₹ 3,500 crore from equity for its expansion plan for electric vehicles.
The factor that the finance manager took into consideration to raise funds through equity was:

Green-Eats is a start-up offering plant based meal kits. It gained popularity as more young consumers were becoming health conscious and awareness about environmental issues was increasing day-by-day. To promote sustainable eating, they collaborated with schools and colleges and organized workshops for them.
Identify the element of business environment highlighted in the above case:

Neha is working as a Manager at 'NutriBite', a company that makes protein rich snacks which are high in demand. She is responsible for implementing organisation's marketing plans, and ensuring that her department has necessary personnel to achieve goals as per company's policy.
Identify the 'level' of management at which Neha is working:

'Taylor believed that industrial efficiency depends to a large extent on personnel competencies. He was of the view that the concern for efficiency could be built in right from the process of employee selection. Each person should be scientifically selected. The work assigned should suit her/his capabilities. To increase efficiency, they should be given the required training.'
The principle of scientific management discussed above is:

'Stock Exchange is playing a vital role in ensuring wider share ownership by regulating new issues, better trading practices and taking effective steps in educating the public about investments.'
The above lines highlight which function of stock exchange from the following?

Ramesh wanted to buy a room heater as it had become extremely cold. He went to the nearby market in search of a good room heater. He first visited a few big shops selling branded heaters and checked the design, quality and the price. Walking through the market he saw a road side shop displaying an attractive room heater. He walked into the shop to enquire about the room heater. The shopkeeper demonstrated how the heater worked and simultaneously explained its qualities like its rotating function, auto-cut etc. Ramesh asked about its price and decided to buy it, as in comparison to other room heaters, it was cheaper and had various additional features. However while focusing on the price and features, he did not check the ISI mark or the label which displayed the date of manufacturing, safety features, directions for use etc.
The right exercised by Ramesh in the above case is:

Statement-I: Capital market instruments are safer than money market instruments both with respect to returns and principal repayment.
Statement - II: The capital market deals in medium and long-term securities such as equity shares and debentures etc.
Choose the correct option from the following:

There are two statements, Assertion (A) and Reason (R).
Assertion (A): Controlling should not be misunderstood as the last function of management.
Reason (R): Controlling is a function that brings the management cycle back to the planning function.
Choose the correct alternative from those given below:

'Lima' is a global sportswear brand known for shoes, apparel and sports accessories. Customers can recognize Lima's shoes, t-shirts and bags just by seeing the tiger symbol imprinted on all Lima's products. Lima has legally registered both its name 'Lima' and its tiger symbol so that no other company can legally use the same or similar design in their sportswear.
The tiger symbol is Lima's :

There are two statements, Assertion (A) and Reason (R).
Assertion (A): The dividend in growth companies is more than that in the non-growth companies.
Reason (R) : Companies having good growth opportunities retain more money out of their earnings so as to finance the required investment.
Choose the correct alternative from those given below:

'Since business environment consists of numerous interrelated and dynamic conditions or forces which arise from different sources, it becomes difficult to comprehend at once what exactly constitutes a given environment.' The feature of business environment highlighted above is:

Statement-I: Workforce analysis enables an assessment of the number and types of human resources necessary for the performance of various jobs and accomplishment of organizational objectives.
Statement-II: Workload analysis reveals the number and type of human resources available.
Choose the correct option from the following:

NV Electronics has an innovative range of smartphones, T.V's, home entertainment systems, kitchen appliances and air conditioners. Besides supplying quality products, their focus is also on handling customer complaints speedily, providing maintenance services, procuring credit services etc. The function of marketing discussed above is:

Identify the incorrect statement with respect to 'Motion Study', as a technique of scientific management:

In the 'Primary Market' prices of securities are determined by:

The question mark in the picture given below represents a financial incentive. Identify the incentive:

The process by which a manager synchronizes the activities of different departments is known as:

Match the non-financial incentives given in Column I with their meaning given in Column II:
a. Employee participation $\rightarrow$ i. It indicates the characteristics which describe an organization and distinguish one organization from the other.
b. Organisational climate $\rightarrow$ ii. It means ranking of positions in the organisation.
c. Employee empowerment $\rightarrow$ iii. It means giving more autonomy and powers to subordinates.
d. Status $\rightarrow$ iv. It means involving employees in decision making of the issues related to them.