Business Management

SECTION –A

Total Marks: 100

Q1. Attempt any 15 (15x2=30)

1. In what order do managers typically perform the managerial functions?

a) organising, planning, controlling, leading

b) organising, leading, planning, controlling

c) planning, organising, leading, controlling

d) planning, organising, controlling, leading

2. Who of the following is the industrial philanthropist?

a) Frederick Taylor

b) Seebohm Rowntree

c) Henry Ford

d) Max Weber

3 Which one of the following is not one of Drucker's five guiding principles of
management?

a) Making people's strengths effective and their weaknesses irrelevant.

b) Enhancing the ability of people to contribute.

c) To operate the organisation's status system.

d) Integrating people in a common venture by thinking through, setting and

exemplifying the organisational objectives, values and goals.

4 What are the three interpersonal roles of managers?

a) Figurehead, leader and liaison

b) Spokesperson, leader, coordinator

c) Director, coordinator, disseminator

d) Communicator, organiser, spokesperson

5. At what level of an organisation does a corporate manager operate?

a) Functional

b) Operational

c) Middle level

d) Top level

6. What is the guiding principle behind New Public Management?

a) Profit maximisation

b) Introducing private sector business principles into the public sector

c) Replacing public management with private sector management

d) Restructuring public organisations

7. Which one is not a recognised key skill of management?

a) Conceptual skills

b) Human skills

c) Technical skills

d) Writing skills

8. Which of these is not part of the recognised challenges for modern managers?

a) Micro-managing the workforce

b) Managing communications

c) Managing change

d) Managing the learning organisation

9. Who of these is the entrepreneur?

a) Barack Obama

b) James Dyson

c) Damien Hirst
d) Mo Farah

10. What is a social enterprise concerned with?

a) Profit maximisation

b) Maximising market share

c) Providing public service

d) Running a business to create social benefits

11. Overall and strategic planning is done by the

a. Top management
B. Middle level management
C. Supervisory level management
D.All of the above

12. If a general manager asks the sales manager to recruit some salesman on
his behalf, it is an instance of
A. Division of authority
B. Decentralisation of authority
C. Delegation of authority
D.Delegation of responsibility

13. In line and staff organisation the staff performs the function of
A. Management
B. Advising the management
C. Assigning responsibility
D.None of the above

14. Planning function is mainly performed at

A. Top management level
B. Middle management level
C. Lower management level
D.None of the above

15: Which one of the following may not necessarily be an advantage of

coordination?
A. Effective supervision
B. Unity of direction
C. Creative force
D.Summarisation of all management functions

16. Leadership is a function of all the following factors except

A. Work group
B. Product or service
C. Leader
 D.Situation

17 Which of the following is not true in respect of planning?

A. Planning is an intellectual activity
B. Planning function is not performed by the top management
C. Planning is related to objectives
D.Planning is forward-looking

SECTION –B

Q2. Attempt any 5 (5X5=25)

1. What do you understand by globalization?

2. What are the different facts of international business environment?
3. What is non – tariff trade barrier?
4. What is global competitiveness?
5. What is portfolio investment?
6. Mention the international strategic compulsions.
7. What is strategic alliance?
8. What is business ethics?

Q3. Attempt any 3 (15X3=45)

1. a. Give a brief account of the economic, political and cultural environment of

business between nations and their implications for business.

b. Examine the important arguments for protection vs. liberalization of global

business environment.

2. (a) Examine the impact of World Trade Organization (WTO) on business.

(b) Describe briefly the theories of international trade and investment.

3. (a) Describe the important global organizational structures.

(b) Discuss briefly the important foreign market entry strategies.

4. (a) Explain the international channel system.