Project-Management Solved MCQs (Set-7)

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Project Management MCQs [set-7]

151. Which one of the following is a role of BIFR?

A. Securing the timely detection of Sick and Potentially Sick Companies

B. Speedy determination by group of experts about various measures to be taken in respect of sick
company

C. Both a and b

D. None of the Above

Answer: C

152. For rehabilitating a sick unit, role of Industry Associations include

A. Installed Capacity Utilisation in industry

B. Checking the growth trends

C. Checking the problems

D. All of the Above

Answer: D

153. Government Policies as an external cause of sickness includes

A. Unfavourable Government Policies

B. Lack of Support from Government

C. Taxation and Licensing

D. All of the Above

Answer: D

154. What does IRBI stand for?

A. Industrial Reconstruction Bank of India

B. Industrial Rehabilitation Bank of India

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C. Industrial Refinance Bank of India

D. Industrial Revenue Bank of India

Answer: A

155. When a company has been financed by consortium of banks, who has
to report to BIFR about the sickness?

A. Lead Bank

B. Participating Banks

C. Company

D. None of the Above

Answer: A

156. Managers should manage their firm’s resources with the prime
objective of

A. Employee Satisfaction

B. Fulfillment of Tax Obligations

C. Enhancing the firm’s Market Value

D. None of the Above

Answer: C

157. Cotton is an example of raw material.

A. Mineral Product

B. Industrial Product

C. Marine Product

D. None of the Above

Answer: D

158. End use method of demand forecasting involves

A. Identify the possible uses of product

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B. Define the consumption coefficient of the Product for various uses

C. Both a and b

D. None of the above

Answer: C

159. What is the term for organisational development through a formally


designed organisational structure?

A. Organic

B. Mechanistic

C. Formal

D. Structured

Answer: B

160. How can organisational structures that are characterised by


democratic and inclusive styles of management be described?

A. Hierarchical

B. Bureaucratic

C. Flat

D. Functional

Answer: C

161. Specialisation is a feature of which organisational structure?

A. Matrix

B. Divisional

C. Multi-divisional

D. Functional

Answer: D

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162. What is the term for an autonomous business entity within an overall
corporate enterprise which is set apart from other areas of the business?

A. Subsidiary

B. Strategic partnership

C. Strategic alliance

D. Strategic business unit

Answer: D

163. What is not a purpose of an organisational structure?

A. To coordinate people and resources

B. To organise lines of communication

C. To formalise authority

D. To limit workers' right

Answer: D

164. The cost reduction technique in comparison to the worth of a product


is known as

A. Reverse engineering

B. Value engineering

C. Material engineering

D. Quality engineering

Answer: B

165. Value analysis examines the

A. Design of every component

B. Method of manufacturing

C. Material used

D. All of the above

Answer: D

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166. Who is named as Father of Value Analysis?

A. Lawrence D. Miles

B. George Terborgh

C. Michael Jucius

D. Edwin B. Flippo

Answer: A

167. Constructive and destructive conflict are distinguished from each


other in which of the following ways?

A. constructive conflict is We-oriented; destructive conflict is Me-oriented

B. constructive conflict is characterized by de-escalation of the conflict; destructive conflict is


characterized by escalation of the conflict

C. constructive conflict is characterized by cross-complaining; destructive conflict is characterized


by flexibility

D. both a and b

Answer: D

168. Constructive and destructive anger can be distinguished from each


other by the

A. intensity of the anger

B. flexibility of the anger

C. duration of the anger

D. both a and c

Answer: D

169. Which of the following is not a characteristic of conflict?

A. expressed struggle

B. independent parties

C. perceived incompatible goals

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D. perceived interference for outside parties

Answer: B

170. Which of the following can be validly concluded from research on


intercultural conflict management?

A. collectivist and individualist cultures typically favor different conflict management styles

B. the key to effective intercultural conflict management is flexible use of conflict management
styles

C. disagreement should be discouraged when communicating with individuals from diverse


cultures

D. both a and b

Answer: D

171. Conflict is

A. an unavoidable fact of life

B. sometimes constructive

C. a destructive force in relationships if continually avoided

D. all of the above

Answer: D

172. Which of the following is a tactic of avoiding conflict?

A. competing

B. stonewalling

C. autonomy

D. compromising

Answer: B

173. What are the two types of change management?

A. Real change and superficial change

B. Incremental change and circular change

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C. Radical change and transformational change

D. Incremental change and tr

Answer: A

174. In high collectivist cultures, leaders need to emphasize:

A. Long-tem implications of the change on the wider community

B. Short- tem implications of the change on the wider community

C. Material implications of the change on the wider community

D. Personal implications of the change on the wider community

Answer: A

175. In high power distance cultures:

A. change tends to be implemented top down. B.

change tends to be implemented bottom up. C.

leaders must consult lower level employees. D.

change tends to be implemented horizontally.

Answer: A

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