InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Explain in one sentence, how management helps in achieving group goals. |
| Answer» It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. | |
| 2. |
Your grandfather has retired as the director of a manufacturing company. At which level of management, was he working? State any one function |
| Answer» My grandfather was working at middle level management Another function performed by this level is to maintain close contacts with employees or subordinates, so as to evaluate their performance | |
| 3. |
How is entry into a profession restricted? Give example. |
| Answer» The entry to a profession is restricted through an examination or degree. For example a person can practice as Doctor only when he is having MBBS degree. Whereas there is no legal restriction on appointment of a manager, anyone can become a manager irrespective of the educational qualification | |
| 4. |
Management can be considered asA. an artB. a scienceC. Both art and scienceD. None of the above |
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Answer» Correct Answer - C Management can be considered as both science as well as an art. ... It is considered as a science because it has an organized body of knowledge which contains certain universal truth. It is called an art because managing requires certain skills which are personal possessions of managers. The correct option is:- Option D: None. This is because, management is not a science or art, it's business.
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| 5. |
Fashion India Limited is a chain of ladies garments boutiques where most of the work is done manually. Due to coming of international brands in India, the company is finding it difficult to compete on two fronts - finishing and embroidery work. The production manager realised that without modern machines it would not be possible for them to survive for long. The company purchased new hi-tech modern machines from Germany. During the production process, the manager observed that the quatlity of production is not as per standard and very often production is disrupted due to beak-down of machinery. The workers get frustrated by continous rejection of output and started showing resistance towards new technology. To increase the efficiency of the workers, the company decided to train their worker on-the-job under the able guidance of specialists. The worker who are able to pick the skills are promoted and made in-charge of the not so trained groups. This created positive impact and encouraged to communicate freely. Identify and explain any three points of importance of management highlighted in the above case by quoting the lines. |
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Answer» The points of importance of management highlighted in the given case are: (Explain) (i) Management increase efficiency "To increase the efficiency of the worker, the company decided to train their workers on-the-job under the able guidance of specialist." (ii) Management helps in achieving personal objectives. "The workers who are able to pick the skills are promoted and made incharge of the not so trained groups. This created positive impact and everybody became keen to learn." (iii) Management creates a dynamic organisation. "The production manager realised that without modern machines it would not be possible for them to survive for long. The company purchased new hi-tech modern machines from Germany." |
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| 6. |
CEO is at which level of mangement ?A. all levels of managementB. Supervisory level of managementC. Middle level of managementD. Top level of management |
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Answer» Correct Answer - D The board of directors, president, vice-president, and CEO are all examples of top-level managers. These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. |
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| 7. |
Planning and executing day-to-day operations is a function of which level of management? |
| Answer» Planning and executing day-to-day operations is a function of supervisory level of management. | |
| 8. |
Which of the following is not a function of management?A. PlanningB. StaffingC. CooperatingD. Controlling |
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Answer» Correct Answer - C Cooperating is not a function of management. There are mainly five functions of management- planning, organising, staffing, directing and controlling. For the performance of these interrelated functions, the activities of the various departments, units and individuals must be synchronized. |
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| 9. |
Justify how coordination is (a) a continuous process (b) an all-pervasive function. |
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Answer» iii) Coordination is a continuousprocess : - Coordination is nota one-time function but acontinuous process. It begins atthe planning stage and continuestill controlling. Suhasini plansher winter collection in the monthof June itself. She has to thenensure that there is adequateworkforce and continuouslymonitor whether production isproceeding according to plans.Her marketing department alsohas to be briefed in time toprepare their promotional andadvertising campaigns. (iv) Coordination is an all pervasivefunction: Coordination is requiredat all levels of management dueto the interdependent nature ofactivities of various departments.It integrates the efforts of differentdepartments and different levels. The purchase, production andsales departmental efforts haveto be coordinated by Suhasini forachieving organisational objectivesharmoniously. The purchasedepartment is responsible forprocuring fabric. This thenbecomes the basis of the activitiesof the production departmentand finally sales can take place. Iffabric purchased is of an inferiorquality or is not according to thespecifications of the productiondepartment, further sales willalso decline. In the absence of coordination there is overlappingand chaos instead of harmonyand integration of activities |
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| 10. |
Reva and Deva are the owners of PLA Group. They are having a diversified business. Now, they are planning to launch a new venture. The owners are very successful as they follow planning organising, directing and controlling in all businesses. Which characteristic of management does it signify? Explain any five characteristics of management. |
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Answer» The characteristics of management depicted in the above case are: (i) Management is a goal-oriented process (ii) Management is pervasive (iii) Management is a continuous process (iv) Management is intangible. (v) Management is a group activity |
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| 11. |
Mr. Shiv Sharma and Ms. Suhasini are both managers of HTL Ltd. Mr. Shiv is the CEO of the company and Ms. Suhasini is a branch manager at HTL Ltd. They manage the enterprise at different levels. At which levels of management are they working in HTL Ltd.? State any two functions which they must be performing at HTL Ltd. |
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Answer» (a) Mr.. Shiv Sharma, the CEO of the company is working at the top level management. (Give two functions of top level management.) (b) Ms. Suhasini, a branch manager at HTL Ltd. Is working at the middle level management. (Give two functions of middle level management.) |
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| 12. |
How is coordination a continuous process? |
| Answer» Coordination is a non-ending function. Coordination is a continuous activity because in order to achieve coordination, the manager work continuously and maintain coordination because without coordination companies cannot function efficiently. | |
| 13. |
Max Power Ltd wants to expand its business. It is planning to establish four new power plants. Suggest which process is suitable and why? |
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Answer» The steps involved in the process of management which should be followed by Max Power Ltd are: (i) Planning In this step, an organisation plans everything before action. This step helps in determining objective, forecasting and formulation of policies (ii) Organising Once the plans are formulated in an organisation, the next step is organising which means providing all necessary things for its functioning-raw materials, tools, capital, personnel, etc (iii) Staffing In this step, right person is placed at the right job according to the need of work force which is required to achieve the organisational goals. (iv) Directing At this stage, actual work is started as it implies initiating or instructing employees to act. (v) Controlling This step helps in binding the efforts at every step. It ensures that the organisation is moving on the right track to achieve its goal. The various functions of manager are usually performed in the order given above, suggesting that a manager first plans. In reality, managers are rarely able to carry out these functions in isolation The activities are interrelated and it is often difficult to pinpoint where one ended and the other began. e.g. While performing the staffing function, HR Managers have to plan for the future manpower requirements, recruitment, selection, etc, all at the same time Thus, management functions are continuous and interrelated, with no predetermined sequence |
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| 14. |
Give the meaning of management and explain how it creates a dynamic organisation and helps in the development of society |
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Answer» Management: Management is the process of conducting a set of functions (planning,organising, staffing,directing and controlling) to get the work done in an efficient and effective manner. 1.Management Creates a Dynamic Organisation: Every organisation works in an everchanging environment. Toface the changing environment, many changes need to be made in the organisation as well. But people resistchanges. Manager creates a favourable environment through introducing employees to the benefits arising byadapting changes. 2.Management helps in the Development of Society: Management has some responsibility towards society.Managers by fulfilling their social responsibilities help in the development of society. These responsibilitiesare to provide employment opportunities, to prevent environment from getting polluted, to make availablegood quality products at areasonable price, etc. |
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| 15. |
Social-Connect Pvt. Ltd. Is a mobile manufacturing company. The manager of the company observed that the market is dynamic and a lot of changes were taking place in the mobile market and hence, the risk of the product becoming obsolete is high. The designs of the phones are governed by requirements and prefernces of the customers. He started incorporating new and advanced features taking clue from the consumers and with the help of his workers. Identify the characteristic of management highlighted in this case. |
| Answer» Management is a dynamic function. | |
| 16. |
Mention briefly any two characteristics of management briefly |
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Answer» Characteristics of management: Management is Pervasive:Management is a universal phenomenon. The use of management is not restricted to business firms only it is applicable in profit-making, non-profit-making, business or non-business organisations; even a hospital, school, club and house has to be managed properly. Management is a group activity:Management always refers to a group of people involved in managerial activities. The management functions cannot be performed in isolation. Each individual performs his/her role at his/her status and department, and then only management function can be executed. |
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| 17. |
Explain any four features of management. |
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Answer» Following are the main characteristics of management: 1. Management is a Goal Oriented Process: No goal in the hand-no need of management. In other words, weneed management when we have some goals to be achieved. A manager on the basis of his knowledgeand experience tries to achieve the goals which are already decided. Hence, nothing is wrong to say thatmanagement is a goal oriented process. 2. Management is all Pervasive: Anything minus management is nothing or zero. Here, by anything we meanall types of activities-business and non-business. If we deduct management out of these activities, theresult will be failure or zero. It means management is necessary to conduct any type of activities. Hence, itis pervasive or universal. 3. Management is a Group Activity: It means that it is not a single person who con-summates all theactivities of an organisation but it is always a group of persons (Managers).Hence, management is agroup effort. 4. Management is an Intangible Force: Management is that power which cannot be seen. It can only be felt. Ifany organisation is heading toward higher levels of achievement, it signifies an existence of goodmanagement and vice-versa. |
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| 18. |
There has been an increase in corporate form of business. What does it imply? |
| Answer» It implies that management is a profession. | |
| 19. |
Management principles can be applied to all types of activities. Which characteristic of management is depicted here? |
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Answer» Management is all pervasive Management is required in all types of organizations whether it is political, social, cultural or business because it helps and directs various efforts towards a definite purpose. When ever more than one person is engaged in working for a common goal, management is necessary. |
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| 20. |
Management process is a series of continuous, composite and inter-related functions, with no predetermined sequence. Explain |
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Answer» The steps involved in the process of management which should be followed by Max Power Ltd are: (i) Planning In this step, an organisation plans everything before action. This step helps in determining objective, forecasting and formulation of policies (ii) Organising Once the plans are formulated in an organisation, the next step is organising which means providing all necessary things for its functioning-raw materials, tools, capital, personnel, etc (iii) Staffing In this step, right person is placed at the right job according to the need of work force which is required to achieve the organisational goals. (iv) Directing At this stage, actual work is started as it implies initiating or instructing employees to act. (v) Controlling This step helps in binding the efforts at every step. It ensures that the organisation is moving on the right track to achieve its goal. The various functions of manager are usually performed in the order given above, suggesting that a manager first plans. In reality, managers are rarely able to carry out these functions in isolation The activities are interrelated and it is often difficult to pinpoint where one ended and the other began. e.g. While performing the staffing function, HR Managers have to plan for the future manpower requirements, recruitment, selection, etc, all at the same time Thus, management functions are continuous and interrelated, with no predetermined sequence |
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| 21. |
What does pyramid form of levels of management indicate? |
| Answer» Pyramid form of levels of management indicates less number of managers at the top level, higher number of managers at the middle level and maximum number of managers at the supervisory level | |
| 22. |
Which function of management relates to assigning duties, grouping tasks, establishing authority and allocating resources required to carry out a specific plan? |
| Answer» Correct Answer - Organising | |
| 23. |
What is meant by management as an art ? Explain with the help of any three features |
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Answer» Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently achieve selected aims It is true that management is an art because of the following reasons: (i) It has a systematised body of knowledge consisting of principles, concepts and vocabulary which forms the basis of the art (ii) The practice of management principles differs from individual to individual, giving rise to different styles of management. (iii) Management involves practice and creativity for finding solutions to complex managerial problems |
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| 24. |
Discuss in brief: (i) Management is a continuous process. (ii) Management is a dynamic function. |
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Answer» (i)Management is a continuous process - It is a never ending process. It is concerned with constantly identifying the problem and solving them by taking adequate steps. (ii)Management is a dynamic function:Management has to make changes in goal, objectives and other activities according to changes taking place in the environment. The external environment such as social, economical, technical and political environment has great influence over the management. |
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| 25. |
Give any three functions which are performed by the Chief Executive Officer of a company |
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Answer» Chief executive officer is concerned with top level of management. Following are the main functions performed by him: (i) Determines the objectives of the business. (ii) Formulates the policies of the business. (iii) Analysis, evaluates and deals with the external environment |
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| 26. |
Raghav is the manager of Eastern zone of a large corporate house. At what level, does he work in the organisation? State some of the functions, which he performs at this level |
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Answer» Raghav works at the middle level management.Functions performed by Raghav are (i) Interprets the policies framed by top level management (ii) Collects the feedback of lower level and submits it to the top level. |
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| 27. |
DABBAWALAS- Excellence through Coordination The Dabbawallas of Mumbai is the story of a SIX SIGMA business enterprise. The success of the business lies in the complex yet well coordinated exercise that is carried out on the streets of Mumbai day after day. What is the secret behind the efficiency with which their business is conducted? The story of the dabbawallas begins in the kitchens of Mumbai. After they step out of their door, someone begins the time-consuming process of preparing the worker a fresh, homecooked lunch What happens next for demonstrates the coordination of the dabbawallas system. The first dabbawalla picks up the tiffin from home and takes it to the nearest railway station.The second dabbawalla sorts out the dabbas at the railway station according to destination and puts them in the luggage carriage. The third one travels with the dabbas to the railway stations nearest to the destinations. The fourth one picks up dabbas from the railway station and drops them off at the offices By mid-morning, thousands of dabbawallas are bicycling through the streets of Mumbai, ensuring a hot home cooked lunch for their customers. The whole tiffin distribution requires negligible technology. The dabbawallas rely on low capital and use cycles, wooden carriages and local trains to achieve their target. There are several groups that work independently and network with each other to achieve their goal. Each area is divided into several small distribution sectors and each sector is handled by a particular person. This person understands the address in that locality very well. Also, this perfection comes with practice. Many new employees work for months under the guidance of their seniors Punctuality and time management are on top of the agenda for dabbawalas. Whatever be the circumstances, the dabbawalas never get delayed even by a few minutes. On the basis of the above paragraph indicate any three features of coordination |
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Answer» Three features of coordination are (i) Integrates group efforts (ii) Ensures unity of action (iii) Deliberate function |
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| 28. |
State three levels of management. Explain any three functions of the operational level of management. |
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Answer» Levels of management refer to a line of demarcation between various management positions in an organisation.It can be classified into three categories: (i) Top level management (ii) Middle level management (iii) Lower/Operational level management Functions of operational level are as follows: (a) Plans day-to-day production within the goals laid down by higher authorities. (b) Supervises and controls workers. (c) Arranges materials and tools to carry out the operations smoothly. |
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| 29. |
Why is management considered as an art? |
| Answer» Like an art, management is a personalised process in which a manager applies his acquired knowledge in a personalised and skillful manner in the light of realities of a given situation | |
| 30. |
Why is management considered as a continuous process? |
| Answer» The process of management is an ongoing process All the functions ie planning, organising staffing directing and controlling are performed continuously. Thus, it is a continuous process | |
| 31. |
"Management is considered as a continuous process". Which of the following relates to this statement?A. The process of management is a dynamic functionB. The process of management is multi dimensionalC. The process of management is an ongoing processD. All of the above |
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Answer» Correct Answer - D Management is a continuous dynamic process as it has to adjust itself to regularly changing environment. It is multidimensional because it has to manage works, people and operations It performs various functions like planning. organising, directing and controlling on ongoing basis |
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| 32. |
Briefly discuss the three levels of management |
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Answer» Organisational structure possesses three levels of management, as follows: (i) Top level management It consists of the Board of Directors, Chief Executives, Chief Operational Officers and many more. This level of management frames policies for overall attainment of management objectives (ii) Middle level management It consists of departmental heads, section officers, etc This level interprets and explains the policies framed by top level management. They are involved more in collecting and reporting feedbacks to top level. (iii) Operational level management It is the lowest level of management. It consists of plant superintendents, clerks, supervisors, etc. They are concerned with technical and routine work on day-to-day basis |
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| 33. |
Enumerate any two functions of middle level management. |
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Answer» Two main functions of middle level management are: (i) Integrates the efforts of every individual, so that organisational goals could be achieved (ii) Interprets and explains the policies framed by top level management |
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| 34. |
State two functions of top level management |
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Answer» Two functions of top level management are: (i) Formulates policies. (ii) Establishes long-term objectives. |
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| 35. |
What are the three levels of management? Explain any three functions of top level management. |
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Answer» In an organisation, the relationship between the top managers and subordinates are arranged and defined through a series of levels. These are called levels of management. There are three levels of management viz top level middle level and operational or supervisory level of management Functions of Top level management It includes: 1. Determining the objectives of the enterprise 2. Framing of plans and policies 3. Assembling all the resources such as finance, fixed assets etc. 4. Controlling the performance of employees 5. Liason with outside world |
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| 36. |
With the help of an example, discuss in brief, coordination |
| Answer» Coordination is the force that binds all the functions of management and establishes harmony among them. Coordination is the orderly synchronising of efforts of subordinates to provide proper amount, timing and quality of execution, so that their united efforts lead to the stated objectives, namely, the common purpose of the enterprise eg If goods are not produced in certain quantity at the right time. supply of goods to customers cannot be undertaken by the sales department This will lead to wastage of resources, effort and time | |
| 37. |
Michael is working as Corporate Development Head in Adam Ltd. Name the managerial level at which he is working. State four functions which he will perform as a Corporate Development Head in this company |
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Answer» Michael is associated with Top level management. Being a Corporate Development Head, his job is to plan and execute wide range of strategies to meet the organisational objectives. He should perform the following functions of top level management: (i) Analyse, evaluate and deal with the external environment. (ii) Determine the objectives of the business. (iii) Formulate the policies of the business. (iv) Create an organisational framework consisting of authority responsibility relationship. (v) Integrate and coordinate the activities of different departments. |
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| 38. |
Management is a profession like medical or legal profession Do you agree with the statement? Give reasons in support of your answer. |
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Answer» Management as a profession Profession means occupation that requires specialised knowledge and a practice of formal education, which is acquired by the respective professional body. The basic features of a profession are : (i) Systematised body of knowledge: A profession is based on a systematised body of knowledge (ii) Restricted entry: Entry into a profession is restricted through an examination or degree, as in medical, law profession, etc (iii) Professional association: All professionals are bound to be a part of a professionals are bound to be a part of a professional association which regulates entry. grants certificate of practice and enforces a code of conduct e g All lawyers have to be member of Bar Council to pursue their profession (iv) Code of conduct: All professionals are subject to an ethical code of conduct, as laid down by the Association (v) Service motive :The basic motive of each professional is to render committed service to the society Following points highlight whether management is a profession or not: (i)Like profession, management has well defined body of knowledge. It has its own principles which are based on experiments One can acquire such knowledge by pursuing courses like MBA, BBA, etc. and acquire managerial skills through instruction and training. (ii) In management, no such restriction is there for managers to clear an examination or hold a degree. However, these days more and more people are appointed for managerial posts, who possess management degrees (iii) In management, no such rules and regulations are framed to guide the managers through a code of conduct. (iv) Membership to a professional association like AIMA is not mandatory for managers (v) All managers, directly or indirectly, work for the development of society. Conclusion On the basis of the above study, it can be said that management has some of the characteristics of profession. Thus it should be considered that it is not a full fledged profession, but only a developing profession. |
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| 39. |
Name the function of management, which is considered as a base for all other functions of management. |
| Answer» Planning is the function of management, which is considered as a base for all other functions of management | |
| 40. |
List any two functions of middle level management |
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Answer» Two main functions of middle level management are: (i) Integrates the efforts of every individual, so that organisational goals could be achieved (ii) Interprets and explains the policies framed by top level management |
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| 41. |
List any two functions of top level management. |
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Answer» Two functions of top level management are: (i) Formulates policies. (ii) Establishes long-term objectives. |
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| 42. |
State three functions of top level management. |
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Answer» In an organisation, the relationship between the top managers and subordinates are arranged and defined through a series of levels. These are called levels of management. There are three levels of management viz top level middle level and operational or supervisory level of management. Functions of Top level management It includes: 1. Determining the objectives of the enterprise 2. Framing of plans and policies 3. Assembling all the resources such as finance, fixed assets etc. 4. Controlling the performance of employees 5. Liason with outside world |
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| 43. |
Dheer is working as an operation Incharge in Tifco Ltd. Name the managerial level at which he is working State any four functions he will perform at this position in the company |
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Answer» Lower level of management Main function of the lower level management are as follows (i) Plans and executes day-to-day operations (ii) Supervises and controls the workers (iii) Arranges materials and tools to start the process (iv) Makes arrangements of training if required by the workers |
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| 44. |
Management of an organisation strives to achieve profit and growth. It is associated to which objective of management? |
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Answer» It is associated with organisational objective of management The organisational objectives of management refer to the main objectives required to fulfill the economic goals of any business organisation. The chief aim of management is to utilize the human and material resources in such a manner as should give maximum advantage to the organization. |
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| 45. |
Radhika Ltd. Uses environment-friendly methods of production. Identify the objective it is trying to achieve. |
| Answer» Social objectives of management | |
| 46. |
Coordination is not a separate function of management, it is the essence of management Explain with the help of a suitable example. |
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Answer» Coordination is considered as the essence of management because of the following reasons: 1.Coordination is needed to perform all the functions of management: (i) In planning. coordination is required between the objectives and available resources. (ii) Organising, is ineffective if there is a lack of coordination between different departments and divisions. (iii) In staffing, coordination is required between the required skills and abilities of an individual who is selected to perform a job (iv) Directing, is impossible and of no worth if there is lack of coordination between superiors and subordinates. (v) In controlling coordination helps in ensuring that actual results are fruitful Coordination is needed at all levels of management (i) Top level The top level coordinates the activities of the whole organisation keeping in view the desired goals. (ii) Middle level The middle level managers coordinate the activities of different departments (iii) Lower level The lower level coordinates the activities of the workers for achieving goals Thus we can say, coordination is not a separate function of management. It is the essence of management |
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| 47. |
Coordination is the essence of management Explain |
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Answer» Coordination is considered as the essence of management because of the following reasons: 1.Coordination is needed to perform all the functions of management: (i) In planning. coordination is required between the objectives and available resources. (ii) Organising, is ineffective if there is a lack of coordination between different departments and divisions. (iii) In staffing, coordination is required between the required skills and abilities of an individual who is selected to perform a job (iv) Directing, is impossible and of no worth if there is lack of coordination between superiors and subordinates. (v) In controlling coordination helps in ensuring that actual results are fruitful Coordination is needed at all levels of management (i) Top level The top level coordinates the activities of the whole organisation keeping in view the desired goals. (ii) Middle level The middle level managers coordinate the activities of different departments (iii) Lower level The lower level coordinates the activities of the workers for achieving goals Thus we can say, coordination is not a separate function of management. It is the essence of management |
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| 48. |
Name the force that binds all the functions of management |
| Answer» Coordination is the force that binds all the functions of management Coordination is a process through which harmony is established among different activities of an organisation. | |
| 49. |
Rishitosh Mukherjee has recently joined AMV Ltd, a company manufacturing refrigerators. He found that his department was understaffed and other departments were not cooperating with his department for smooth functioning of the organisation. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved. (i) Identify the level at which Rishitosh Mukherjee was working (ii) Also state three more functions required to be performed by Rishitosh Mukherjee at this level. |
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Answer» (i)Rishitosh Mukherjee is working at the middle level of management. (ii) Three more functions required to be performed by Rishitosh Mukherjee at this level are (a) To interpret the policies framed by the top level of management. (b) To assign necessary duties and responsibilities to the employees of his department for implementation of the plans (c) To motivate employees of his respective department to achieve the desired objectives |
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| 50. |
Vrinda Ltd. Is able to achieve the target production of 5000 units within the prescribed period. However, to achieve the target on time, additional Rs.40,000 were paid as overtime wages to employees. Do you think Vrinda Ltd. Is effective and efficient in its working? |
| Answer» The management of Vrinda Ltd. Is effective as the target is achieved. Howerver, it is not efficient as the target is achieved at a higher cost. | |