SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL) Principles and Practices of Management

Similar documents
E1-E2 Accounting Standards And Ratio analysis

COPYRIGHTED MATERIAL. Overview of Budgets and Financial Models CHAPTER 1 BUDGETS

BABEȘ-BOLYAI UNIVERSITY FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION DEPARTMENT OF MANAGEMENT. Title of thesis

Aquino, Canlas, David, Dimalanta, Manaloto and Sibug. Management Accounting by Ma. Elenita Balatbat-Cabrera

FINANCIAL ANALYSIS, PLANNING & CONTROLLING BUDGETS SECTOR / FINANCE

Management, Control and Accountability for Financial Resources. 3 June Examination Paper. Time: 2 hours

BUDGETING. After studying this unit you will be able to know: different approaches for the preparation of budgets; 10.

SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL) Subject: Organisational Behaviour. 1. Write a short note on the three types of Goal Conflicts.

Introductory Lecture Analysis Of Financial Statements Time Value of Money Investment Appraisal Techniques... 20

Download from

1. A methodology provides a strategic-level plan for managing and controlling IT projects. a. True b. False True

HIGHER SCHOOL CERTIFICATE EXAMINATION BUSINESS STUDIES 2/3 UNIT (COMMON) Time allowed Three hours (Plus 5 minutes reading time)

ENTERPRISE RISK MANAGEMENT (ERM) The Conceptual Framework

Financial Reporting (FR) Syllabus and study guide

Time allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 7 PART A

Financial Reporting (UK) (F7)

The Risky Business of. Risk Management

Financial Essentials for Nonprofit. Managers

USF System Compliance & Ethics Program. Risk Assessment Process. Enterprise-Wide Risk Assessment

Financial statements aim at providing financial

ENTERPRISE PERFORMANCE MANAGEMENT MCQ

BPC6C Cost and Management Accounting. Unit : I to V

Inventory Management and Budgetary Control System

Revenue Recognition: A Comprehensive Look at the New Standard for the Construction & Real Estate Industries

(AA22) COST ACCOUNTING AND REPORTING

UNIT 11: STANDARD COSTING

Actuarial Science. Summary of Requirements. University Requirements. College Requirements. Major Requirements. Requirements of Actuarial Science Major

UPDATED IAA EDUCATION SYLLABUS

Management Services Reviewer by Ma. Elenita Balatbat-Cabrera

BUSINESS STRATEGY & FINANCE MANAGEMENT. Presentation to Small & Medium Enterprises

Section 291 Independence Other Assurance Clients

UNIT-V. Investment Spending and Demand and Supply of Money

;,CENGAGE Learning* Australia Brazil»Japan Korea «Mexico Singapore Spain United Kingdom United States

International Standard on Auditing (Ireland) 720 The Auditor s Responsibilities Relating to Other Information

First Edition : May 2018 Published By : Directorate of Studies The Institute of Cost Accountants of India

Romanian Court of Accounts RISK MANAGEMENT 24 April 2012 Warsaw, Poland

RISK MANAGEMENT LECTURE 5. Ahmed Elyamany

10 Steps to realising real cash value from Innovation and IC Assets. Ludo Pyis Areopa

There are many definitions of risk and risk management.

: 1 : Time allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 8

THE BIG 5 SAUDI 2018

Gouvernance et Emergence de la Recherche en Sciences Humaines au Cambodge GEReSH-CAM

Webinar: Deep Dive into Risk, High Risk and Risk Assessments in the GDPR

Managing Project Risk DHY

Responsibility at Varma. Varma s Corporate Social Responsibility Programme 2017

Managerial Accounting Prof. Dr. Varadraj Bapat Department of School of Management Indian Institute of Technology, Bombay

CHAPTER 15 CAPITAL STOCKS AND RESOURCE MAINTENANCE Principles of Economics in Context (Goodwin et al.)

BE Accounting Theory

Today s lecture 11/12/12. Introduction to Quantitative Analysis. Introduction. What is Quantitative Analysis? What is Quantitative Analysis?

PTP_Intermediate_Syllabus 2008_Jun2015_Set 3

'.fc 1. Chapter 1 Elements of Financial Statements 2. Chapter 2 Understanding the Accounting Cycle 40. Questions 23. Second Accounting Cycle 50

Differences of Items in the Financial Statements of FDI Firms under Vietnamese Accounting and International Accounting

ก ก Tools and Techniques for Enterprise Risk Management (ERM)

Project Risk Management

ASIC s Regulatory Guide 247 Effective Disclosure in an Operating and Financial Review and the International Integrated Reporting Framework

CASUALTY ACTUARIAL SOCIETY STRATEGIC PLAN

POST GRADUATE DIPLOMA IN INSURANCE MANAGEMENT (PGDIM)

Business, Accounting and Financial Studies. Mock Exam Paper (2011) Paper 1

STANDARD CALCULATION PER PRODUCT IN THE CHEMICAL FERTILIZER INDUSTRY

CROWN CAPITAL GROUP rd Ave West Birmingham, AL 35204, USA

Financial Reporting (F7) December 2014 to June 2015

PROJECT CYCLE MANAGEMENT & LOGICAL FRAMEWORK MATRIX TRAINING CYPRIOT CIVIL SOCIETY IN ACTION V INNOVATION AND CHANGES IN EDUCATION VI

B.Com II Cost Accounting

FINANCIAL ANALYSIS, BUDGETS PLANNING & CONTROLLING. 24 Sep - 05 Oct 2018, Amsterdam Dec 2018, Amsterdam

SOA STRATEGIC PLAN EXPOSURE DRAFT

PTP_Final_Syllabus 2008_Dec2014_Set 2

RISK MANAGEMENT POLICY OF HEXA TRADEX LIMITED (W.E.F )

Title: Plans and Planning Techniques Speaker: Nathan Neale

RISK MANAGEMENT PROFESSIONAL. 1 Powered by POeT Solvers Limited

A Comparison of Financial Performance Based On Ratio Analysis (With Special Reference to ITC Limited and HUL Limited)

Performance Audits. Chapter 1 Use and Application of GAGAS. entities, organizations, programs, activities, and functions.

COPYRIGHTED MATERIAL. Index

Business Restructuring as a Way to Improve Financial Position of Company

LCS International, Inc. PMP Review. Chapter 6 Risk Planning. Presented by David J. Lanners, MBA, PMP

BE THE ONE Take on The Challenge Create Your Legacy

MANAGEMENT ACCOUNTING OF HIGHER EDUCATION INSTITUTIONS: IMPLEMENTATION STAGES AND REALIZATION FEATURES

Chapter 5. Financial Planning

12 th Global Program of Work and Program Budget 2014/15. Imre Hollo Director Administration and Finance

INVESTMENT FIRM OF THE FUTURE ALTERNATIVE BUSINESS MODELS AND STRATEGIES FOR A MORE FORWARD-THINKING INDUSTRY

CHAPTER :- 4 CONCEPTUAL FRAMEWORK OF FINANCIAL PERFORMANCE.

Business Planning and Budgeting March 5 to am to 4.30 pm each day Magestic Tower Hotel Dubai UAE

FINANCIAL ANALYSIS, BUDGETS PLANNING & CONTROLLING. 25 Sep - 06 Oct 2017, Amsterdam Dec 2017, Amsterdam

THE SOCIAL RESPONSIBILITY OF BANKS AND OTHER FINANCIAL INSTITUTIONS TOWARDS SMALL BUSINESSES

Chapter 1 The Nature and Scope of Economics

Chapter# Feasibility Study, Project Proposal and Project Appraisal


Chapter 2. Data for Financial Decision Making

1. Define risk. Which are the various types of risk?

DRAFT SAINT LUCIA NATIONAL STANDARD DNS/ISO 31000: 2009 RISK MANAGEMENT PRINCIPLES AND GUIDELINES (ISO 31000: 2009, IDT) Stage 40 Enquiry Stage

Diploma in IFRS. Units with Learning Outcomes and Assessment Criteria

Revenue Recognition: A Comprehensive Look at the New Standard

SYMBIOSIS CENTRE FOR DISTANCE LEARNING (SCDL) Subject: Financial Management

LAPPSET GROUP ANNUAL REPORT

Appendix B: Glossary of Project Management Terms

Budgeting for Outcomes: Accomplish Your Goals Utah League of Cities and Towns Fall Conference September 2016

C O V E N A N T U N I V E RS I T Y P R O G R A M M E : B A N K I N G A N D F I N A N C E A L P H A S E M E S T E R T U T O R I A L K I T

The Auditor s Responsibilities Relating to Other Information

Accounting I Approved 1/28/05

Pension Trustees. Final Countdown to the GDPR

MINISTRY OF PRIMARY AND SECONDARY EDUCATION

Transcription:

Sample Questions: Section I: Subjective Questions 1. Write any four principles of the 14 general principles of management. 2. What do you understand by contingency approach? 3. Write down the types of controls. 4. What is meant by SWOT analysis? 5. What do you understand by levels in organization? 6. What is Management by Objectives (MBO)? 7. What are some of the basic norms for making a career? 8. What do you understand by the Production, Planning and Control? Section II: Objective Questions Multiple Choice Single Response 1. It provides necessary information to make decision process more effective. 1] Decision support system 2] Structured decisions 3] MIS 4] Decision tree 2. When one is not happy with the present environment, he starts thinking of change; this is called 1] Breakthrough thinking in the present stalemate 2] Breakthrough thinking in the past stalemate 3] Breakthrough thinking in the future stalemate 4] Breakthrough thinking 3. All partnership and public and private ltd. Companies need to get registered under

1] Companies Act 2] Trust Act 3] Co-operative Societies Act 4] copyright Act 4. In any organisation, action based on decisions implies 1] Joint management 2] Routine administration 3] Executive part 4] Business 5. We establish a group and organize it, that is why we call it as 1] Organisation 2] Groups 3] company 4] Manager 6. Maximum utilization of time is possible, if it is properly 1] Planned 2] Stores 3] Distributed 4] Observe 7. When certain functions like finance, marketing, human resource etc. are accepted as a specialized functional area of management, it is called 1] General Management 2] Specialised management 3] Specific management 4] Modern management 8. According to Fielder's contingency approach to management, leaders are born not only out of personal attributes but also because of

1] Situations 2] Management 3] Social needs 4] Officers 9. The objective of communication must be thought in terms of ultimate - 1] Results 2] Salary 3] timing 4] Destination 10. Practicing management means making 1] Managerial career 2] Administrative career 3] IT career 4] Career in finance Multiple Choice Multiple Response 11. Research and analysis helps in 1] collecting information 2] analyzing alternatives 3] Doing experiments 4] Providing resources 12. Any company raises its capital to meet its 1] Long term needs 2] Short term needs 3] Personal needs 4] Mental satisfaction 13. Any business is obligatory to its customers for better results in terms of 1] Quality

2] Quantity 3] Cost 4] Presentation 14. Human being wants to be a follower in his self-interest of 1] Survival 2] Growth 3] Pay package 4] Facilitates 15. In big scale companies, top management 1] Manages indirectly 2] Need to depends upon lower level management for practical functions 3] financial matters with other companies 4] Manage its customers 16. Goods producing businesses are more oriented towards 1] Design 2] Technology 3] People 4] Finance 17. One should be sensitive not only to the deviation in product itself but also to the 1] Effectiveness 2] Desirability 3] Efficiency 4] Interpretation 18. The result of control should be 1] Communicable 2] Actionable

3] Possible 4] Encouraging Fill in the Blanks 19. We need to consider limiting factors, which are present in the environment around organization, because it may accepting this alternatives. 1] Prohibit 2] Accepts 3] Changes 4] Delay 20. To manage business, one must understand cost and of links in supply chain. 1] Quality 2] Quantity 3] Approach 4] Manpower 21. Performance is action oriented and these actions should be 1] Implemented 2] Accepted 3] Resisted 4] Imported 22. Control can be in terms of tangible as well as an intangible form. 1] Evaluated 2] Standardised 3] Demands 4] Develops 23. To promotes unity in perspectives of human beings and reducing conflicts in organisation, one need to develop in the organisation.

1] Effective culture 2] Effective positions 3] Pay packages 4] Job descriptions 24. The helps to identify new problems with fresh perspectives. 1] Job rotation 2] Job orientation 3] New employments 4] Job exposition 25. The statement of an outcome of a vision and conceptualization of all the contributors is a. 1] Vision statement 2] Rules and regulations of a company 3] Policies of a company 4] mission 26. Most of the quality control methods like six sigma are based on. Technology. 1] Mathematical 2] Scientific 3] computer 4] statistics 27. We establish a group and organize it; that is why we call it. 1] Organisation 2] Groups 3] company 4] Manager 28. It is necessary that critical points remain.

1] Unchanged 2] Changed 3] Economical 4] None of these State True or False 29. Reception staff need not have to receive, conduct or see off the guests and visitors of the organisation. 30. Material department need not have keep control on inventory levels 31. Goals can be converted into actions without any concrete terms. 32. Mother tongue languages encourage the formation of informal groups. 33. Job is designed in the job description such a way, that it would provide job satisfaction to the employees and benefits to the organisation. 34. When you plan for longer period in future, you need to act more in present. 35. While planning resources for the activities, cost need not have to be consider. 36. Government, though involved in the business indirectly, cannot be treated as stakeholder of a business. 37. Knowledge of general management along with specialisation will prove in effective and efficient work. 38. In prescriptive decisions, management can decide as the problem arises and depends upon the type of nature of problem. Match the Following 39. 1] Targets are decided in terms of quantity 1] Quantitative decisions 2] Decisions taken to improve quality 2] Qualitative decisions 3] Arithmetical term used to show conversion of qualitative decision into quantitative decision. 3] Impute

4] Big disadvantage of this type of decision system is that nobody takes its responsibility. 4] Group decisions 5] DSS 6] MIS 40. 1] Each time reworks total income and revenues for the future 2] Controls the activities and their results in synchronized manner 3] Meet the need of flexibility according to sales potentials 4] Data coupled with planning system for controlling the activities 1] Zero Base budget 2] Activities network control 3] Variable budget 4] Statistical data base control 5] Systems and procedures 6] Social controls 41. 1] Investment in the machinery 1] Treat as an asset 2] This is calculated every year on machinery 2] Depreciation 3] To operate machinery tools 3] Trained workers 4] Maintenance of equipments 4] to keep it serviceable 5] Profit and loss 6] Semi-skilled workers 42. 1] Use of technology as a tool in management 2] Organisational design environment around people who work 3] Increase in goods and services due to competitive environment 4] Management techniques used for long term solutions 1] Standardization of task 2] Work ethics 3] Better quality products 4] Management fads

5] Longevity of management 6] Work environment