Tag: commerce

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Questions Related to commerce

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

Leadership is situational _____________.

  1. True

  2. Partly true

  3. False

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

Situational leadership theory, or the situational leadership model, is a model by Paul Hersey and Ken Blanchard, developed while working on Management of Organizational Behavior. The theory was first introduced as "life cycle theory of leadership.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

According to which of the following management approaches, does managerial practice depend on circumstances?

  1. Systems Approach

  2. Contingency Approach

  3. Empirical Approach

  4. Human Relations Approach
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

According contingency management approaches, does managerial practice depend on circumstances. The contingency approach of management can be defined as the style of management which states that there is no one universally applicable set of management principles to organization as management practices depends on situations. It is also known as situational approach of management.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

The Managerial Grid, propounded by Blake and Mouton, is based on a manager's concern for people and concern for production. The most effective management style as characterized by the Managerial Grid is ______________.

  1. High concern for people and low concern for production

  2. High concern for people and high concern for production

  3. Low concern for people and high concern for production

  4. Low concern for people and low concern for production
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Managerial Grid, propounded by Blake and Mouton, is based on a manager's concern for people and concern for production. The most effective management style as characterized by the Managerial Grid is high concern for people and high concern for production. This model is regarded as a leadership model. The model originally identified five different leadership styles based on the concern for people and concern for production.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

laissez-faire means _________.

  1. The important feature of a creative work

  2. Without a day being appointed

  3. A policy of interference

  4. A policy of non-interference
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Laissez-faire means a policy of non-interference. Laissez-faire is a French word which means ' let people do as they choose'. It can be defined as a policy where things are left to take up their own course without interfering.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

Which of the following statement is incorrect in relation to leadership?

  1. Leadership is dynamic and ever-evolving process; a manager must lead continuously.

  2. One who leads should not be a part of the group.

  3. Leadership involves directing, guiding and influencing the behaviour of individuals and group

  4. All of above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

One who leads should not be a part of the group- this statement is incorrect in relation to leadership. Leadership can be defined as a process of influencing the behaviour of people at work towards the realization of specific goal. The influence under leadership is always for the achievement of common goal.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

_________state that "leadership is influencing people to follow in the achievement of a specialized goal".

  1. Koontz and O'Donnell

  2. Gray Desslor

  3. George R. terry

  4. Lewin, Lippitt & white
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Koontz and O'Donnell state that " leadership is influencing people to  follow in the achievement of a specialized goal". Leadership can be defined as a process of influencing the behaviour of people at work towards the realization of specific goal. The influence under leadership is always for the achievement of common goal.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

Match List I with List II and select the correct answer using the codes given:

List I List II
A. Ohio State University Study 1. Production centered and employee centered
B. University of Michigan study 2. Consideration and initiating structure
C. Likert's System Four 3. Country club, team manager. impoverished, task manager
D. Fiedler's Leadership Model 4. Exploitative authoritative, benevolent authoritative, consultative, participative
5. Leader-member relations, task structure, position power

  1. A - 1, B - 2, C - 4, D - 5

  2. A - 2, B - 1, C - 3, D - 4

  3. A - 2, B - 1, C - 4, D - 5

  4. A - 5, B - 2, C - 3, D - 4
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
List 1  List 2
 Ohio State University Study  Production centered and employee centered
 University of Michigan study  Consideration and initiating structure
 Likert's System Four  Exploitative authoritative, benevolent authoritative, consultative, participative
Likert's System Four
 Fiedler's Leadership Model  Leader-member relations, task structure, position power
Multiple choice organisation of commerce and management leadership leadership theories directing commerce

Match the items of List-I with List-II and select the correct code:

List-I List-II
(a) Getting Effective Leadership in the Industrial Organization (i) Dale Yoder
(b) The Nature of Leadership Organization and Management (ii) Alford and Beatty
(c) Industrial Management (iii) Douglas McGregor
(d) Personnel Management (iv) Chester I. Bernard
  1. $(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)$
  2. $(a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)$
  3. $(a) - (iii), (b) - (iv), (c) - (i), (d) - (ii)$
  4. $(a) - (iv), (b) - (iii), (c) - (ii), (d) - (i)$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Matching the literary works with their authors: 'Getting Effective Leadership in the Industrial Organization' was written by Douglas McGregor (a-iii); 'Organization and Management' is by Chester I. Barnard (b-iv); 'Industrial Management' is by Alford and Beatty (c-ii); and 'Personnel Management' is by Dale Yoder (d-i). This matches option B.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

A leader who identifies what subordinates need to do to achieve objectives, clarifies organizational roles and tasks, sets up an organization structure, rewards performance and provide for the social needs of their followers, is __________.

  1. a transformational leader

  2. a participative leader

  3. a transactional leader

  4. an autocratic leader
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A transactional leader focuses on clarifying roles and task requirements, establishing organizational structures, and using a system of contingent rewards to motivate followers. This style relies on structured exchanges rather than inspiring deep personal transformation.

Multiple choice organisation of commerce and management leadership leadership theories directing commerce

Consider the following leadership styles:
1. Telling 2. Autocratic
3. Selling 4. Motivating
5. Participating 6. Delegating
7. Charismatic
Select the four styles of leadership explained by Hersey and Blauchard.

  1. $1, 2, 6$ and $7$
  2. $2, 3, 4$ and $5$
  3. $1, 3, 5$ and $6$
  4. $4, 5, 6$ and $7$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Hersey and Blanchard's Situational Leadership Model identifies four distinct leadership styles based on task and relationship behaviors: Telling (1), Selling (3), Participating (5), and Delegating (6). This corresponds to option C.