Commerce Accountancy

Business and Project Management

1,146 Questions

Business and project management focus on organizational resources, strategic planning, and time management techniques used to achieve corporate objectives. It includes theories of administration and continuous improvement processes. Review these commerce and management questions to prepare for business administration sections in competitive exams.

Strategic managementTime managementOrganizational resourcesAdministration principles

Business and Project Management Questions

Multiple choice

Considered the following statements about the organizational process model of decision making- 1. Officials choose the action whose consequences best help to meet the State's established goals.

  1. Decisions result from routine administrative procedure. Which of the statements given above is/are correct?

  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Graham Allison's Organizational Process Model posits that decisions are the result of standard operating procedures (SOPs) and routine administrative processes. Statement 1 describes the Rational Actor Model, not the Organizational Process Model.

Multiple choice

Line Activities are those:

  1. which are directly concerned with accomplishing the objectives of the organization

  2. which provide support to the main functions of the organization

  3. which provide advice to the Chief Executive

  4. all of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Line activities are the primary functions of an organization that are directly responsible for achieving its goals and objectives. For example, in a police department, patrolling and investigation are line activities. Support and advisory roles are handled by staff or auxiliary agencies.

Multiple choice

Which one of the following statements is connected with the managerial view of administration?

  1. Every particular application of law is an act of administration.

  2. Public Administration is directed by the chief executive as the General Manager.

  3. Administration is not doing things, but getting things done.

  4. Public Administration is concerned with the ends of the state.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The managerial view of administration focuses on the techniques and processes of management, famously summarized as 'getting things done.' This view, supported by scholars like Luther Gulick, emphasizes the 'how' of administration over the 'what' or the specific legal content.

Multiple choice

Given below are four definitions given by four authors on Administration. Which one was given by Simon?

  1. Administration 'consists of all activities performed with a defined goal.'

  2. Administration consists of 'the activities of groups co-operating to accomplish common goals.'

  3. Administration is 'a process of formulation, execution, co-ordination and evaluation of institutional policy.'

  4. Administration 'refers to doing and getting things done.'
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Herbert Simon, a Nobel laureate known for his work on decision-making, defined administration as the activities of groups cooperating to accomplish common goals. This definition emphasizes the behavioral and cooperative nature of organizational life. Other definitions focus more on policy execution or goal-setting in a general sense.

Multiple choice

The book written by Simon Smithberg and Thompson emphasizes:

  1. the legal view of Public Administration

  2. the institutional view of Public Administration

  3. the managerial view of Public Administration

  4. the integral view of Public Administration
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The book 'Public Administration' (1950) by Simon, Smithberg, and Thompson is a classic text that emphasizes the managerial and behavioral aspects of the field. It moved away from purely legal or institutional descriptions to look at how organizations are managed and how individuals behave within them. This approach is central to the 'managerial' view of administration.

Multiple choice

Which of the following is/are non-applicable for BC/BCM planning in Business continuity?

  1. This planning determines the business specific operation to provide business continuity.

  2. It involves risk mitigation planning.

  3. It determines a business' recovery planning to ensure the continued operation in the aftermath of a disaster.

  4. It is performed according to a preset design plan.

  5. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

This is false as BC/BCM planning does not provide the design plan.

Multiple choice

Which of the following is/are correct about 'Change management' in Business continuity?

  1. By using 'Change management', the members of the disaster recovery team must be able to communicate effectively among themselves.

  2. It defines the regulations require that changes to business functions be documented and tracked for auditing purposes.

  3. It provides a level of stability to the business functions by requiring the support personnel.

  4. All of the above

  5. Only 2 and 3
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

These are correct about 'Change management' in business continuity.

Multiple choice

Which of the following is not applicable for Disaster Recovery Planning (DRP)?

  1. It makes the difference for an organisation's crises with respect to minimum cost and maximum speed.

  2. It manages the business continuity for the organisation.

  3. The plan could include recovering from different levels of disaster, which can be short-term.

  4. It encompasses a loosely defined set of planning, preparatory and related activities, which are intended to ensure that an organisation's critical business functions properly.

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

This is called Business Continuity.

Multiple choice

Directions: The question below contains four sentences; (A), (B), (C), (D). By using all the four sentences you have to frame a meaningful paragraph. Choose the correct answer from the five alternatives and mark it as the answer.

(A) Because, if the manager's subordinates are inefficient and ineffective and are not helped to increase their efficiency and effectiveness, the task may not be achieved. (B) This must be just as true as the responsibility for achieving his prescribed tasks. (C) If it is achieved it is at too great a cost, or at the risk of other effects many of which are less obvious. (D) It is often said that one of the prime responsibilities of a manager is the training and development of his staff.

  1. ADBC

  2. BDAC

  3. CABD

  4. CDBA

  5. DBAC
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

 All the statements except D, refer to something as 'it'. Therefore, statement D , which introduces the subject is the lead statement.

Multiple choice

MD

  1. Doctor of Medicine

  2. Director of Manager

  3. Director of Money

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

MD stands for Medicinae Doctor, which is Latin for Doctor of Medicine. It is the standard professional degree for physicians.