πŸ“Š Principles of Management
Q. The decision making criteria that should be used to achieve maximum long term pay off is
  • (A) EOL
  • (B) EMV
  • (C) Hurwicz
  • (D) Maximax
πŸ’¬ Discuss
βœ… Correct Answer: (B) EMV
πŸ“Š Principles of Management
Q. Game theory models are classified by the
  • (A) Number of players
  • (B) Sum of all payoff
  • (C) Number of strategies
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Principles of Management
Q. The objective of network analysis is to
  • (A) Minimize total project duration
  • (B) Minimize total project cost
  • (C) Minimize production delays, interruption and conflicts
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) Minimize total project duration
πŸ“Š Principles of Management
Q. The initial solution of a transportation problem can be obtained by applying any known method. But the only condition is
  • (A) The solution be optimal
  • (B) The rim conditions are satisfied
  • (C) The solution not be degenerate
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (B) The rim conditions are satisfied
πŸ“Š Principles of Management
Q. When total supply is equal to total demand in a transportation problem , the problem is said to be
  • (A) Balanced
  • (B) Unbalanced
  • (C) Degenerate
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) Balanced
πŸ“Š Principles of Management
Q. Management should find ' One best way ' to perform a task. Which technique of scientific management is defined in this sentence?
  • (A) Time study
  • (B) Motion study
  • (C) Fatigue study
  • (D) Method study
πŸ’¬ Discuss
βœ… Correct Answer: (D) Method study
πŸ“Š Principles of Management
Q. Which scholar's definition on management is " Management is the art of getting things done through and with people in formally organised groups"?
  • (A) Harold Koontz
  • (B) J.N. Schulze
  • (C) S. George
  • (D) Henry Fayol
πŸ’¬ Discuss
βœ… Correct Answer: (A) Harold Koontz
πŸ“Š Principles of Management
Q. Which of the following is not an example of 'structure?
  • (A) Supplies of materials
  • (B) Rules and procedures
  • (C) Formal hierarchy
  • (D) Information systems
πŸ’¬ Discuss
βœ… Correct Answer: (A) Supplies of materials

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