Which management function involves setting goals and objectives and

creating specific plans for completing them?

1 point

) Planning
B) Organizing
C) Controlling
D) Leading

2. The ability of a manager to interface and work effectively with individuals

and group is descriptive of what type of managerial skill?

2 points

A) Technical
B)Administrative
C) Interpersonal
D) Organizational

3. Which level of management is responsible for implementing programs

that are intended to carry out the broader objectives of an organization set by
executives?

2 points

A) Supervisory managers
B) Middle managers
C) First level managers
D) Chief financial managers

4.Which one of the following is not true about the contribution of Human
Relations Approach?

2 points
 A. It is concerned with workers – the vital machine, like Robert Owen’s teaching.
B. It spotlights the importance of a manager’s style.
C. More attention is given to teaching people management skills, as opposed to
technical skills.
D. Their findings have enabled mangers to become much more sensitive and
sophisticated in dealing efficiently with subordinates.

5. A manager who possesses knowledge of the processes, equipment, and

potential

problems of an industry would possess what type of managerial skill?

2 points

A. Technical
B. Administrative
C. Interpersonal
D. Organizational

6. Plan that extended beyond 5 years is called ____________?

2 points

A. Medium term
B. Long term
C, Short term
D. Annual

7. A general rule of truth that may be expected to apply under similar

conditions anywhere to reach or get similar outcomes is
called_____________?

2 points

A. Plan
B. Procedure
C, Principle
D. Rule
8. The managerial function that involves in defining organization
objectives, establishing an overall strategy, developing comprehensive
hierarchy of plans to integrative activities is:-

2 points

A. Organizing
B. Controlling
C, Staffing
D. Planning

9. The staffing phase that involves in recruiting, screening, and placing

personnel is ________.

2 points

A. Acquisition phase
B. The retaining phase
C, The terminating phase
D. All of the above

10. The systematic evaluation of the performance of an employee by an

expert or his immediate superior is called__________.

2 points

A. Auditing
B. Promotion
C, Demotion
D. Performance appraisal

11. Which statement is true about preventing computer virus infections?

2 points

A. Never use storage media from an untrustworthy source

B. Never download files from a site or person that you don’t trust
 C. Never open an email attachment from a person you don’t know
D. All of the above

12.Which of the following statement is not true about knowledge

management?

2 points

A. It focus on competitive advantage of organizations

B. It focus on innovation and advantage on the sharing of lesson learned
C. It focus on continuous improvement of the organization
D. All of the above are correct

13. The nature of the information is financial growth of the firm, social role
of the firm in different sectors. Thus, the end users for this information are
____________.

2 points

A. Government
B. Investors
C, Employees
D. Consumers and public

14. The nature of its information is state of salaries, wages and bonus.
Thus, the end users for this information are ___________________

2 points

A. Investors
B. Employees
C, Creditors
D. Consumers and public

15. One of the following is not the essential components of

telecommunications system.

2 points
 A. Terminals
B. Communication channel
C, Communication processors
D. All are essential components of a telecommunication system

16. Which software can play an integral role in protecting systems and data?

2 points

A. Security software
B. System software
C, Application software
D. management software

17. Which of the following is not true about the operational information (OI)?

2 points

A. OI is needed for day-to-day operation of an organization.

B. OI is obtained from straightforward clerical processing of data.
C. OI relates to current and historical performance.
D. OI is needed to take short term decisionto run the organization efficiently

18. Report to top management, oversee first managers, develop and

implement activities and allocate resources is the function of
______________.

2 points

A. First line managers

B. Middle managers
C. IT specialist
D. The secretary

19. ____________________ is a collection of elements or components

that are organized for a common purpose/objective.
2 points

A. System
B. Analysis
C, MIS
D. Group

20. Which one of the following is not the characteristic of an open system?

2 points

A. It interacts with other systems through the free passing of information

B. It has many interfaces with its environment
C. It can also adapt to changing environmental conditions
D. It operates on its own with little or no influence from the outside world.

21. The movement of individual to a higher-level potion in the organization

is called

2 points

A. transfer
B. placement
C, promotion
D. demotion

22. Which of the following factor can affect performance appraisal?

2 points

A. legal constraint
B. rater bias
C, appraisal acceptance
D. all can affect the appraisal process

23. Is a formal system of periodic review and evaluation of an individual's job

performance?
2 points

A. human resource planning

B. career planning
C, performance appraisal
D. human resource development

24. The process by which one selects career goals and the paths of these
goals is

2 points

A. Career planning
B. Human resource development
C, Career path
D. Career goal

25. The process of staff development begins from

2 points

A. Establish specific objectives

B. Select methods of staff development
C. Determine the training and development needs
D. Implementing the development program

26. The selection process takes its course from

2 points

A. Strategy plan of the organization

B. Human resource plan of the organization
C. Identified sources of recruitment, i.e., internal or external sources
D. Recruited individuals

27. One of the following is not an internal factor of recruitment ___________.

2 points

A. working conditions
B. Salary levels
C, Image of the organization
D. Career opportunities in the organization

28.The process by which an organization chooses from a list of

applicants the person or persons who best meet the selection criteria from
the position available, considering current environmental conditions is
_____________.

2 points

A. Recruitment
B. Selection
C, Job description
D. Job design Job enrichment

29. The process of human resource planning begins from

2 points

A. Current human resource assessment

B. Organizational goals and plans
C. Forecasting human resources
D. Implementing human resource actions such as recruitment, selection etc.

30. The document that specifies the skills, attributes, physical abilities,
qualification, education, experience and personal traits that the described job
require is called

2 points

A. Job analysis
B. Job description
C, Job specification
 D. Job design

31. The first step in conducting any research to ask one-self question is

2 points

A. Why do I conduct research?

B. When do I conduct research?
C. How do I conduct research?
D. Where do I conduct research?

32. Which of the following sequential arrangement is correct?

2 points

A. Problem, cause, symptom

B. Symptom, cause, problem
C, Symptom, cause, problem
D. Cause, symptom, problem

33.Which of the following is the character of data?

2 points

Objective
B. Subjective
C. Quantitative
D. All of the above

34. Which of the following constitute the initial phase in the process of
problem-formulation?

2 points

A. Rational question
B. Specific question
C, Originating question
D. Gathering secondary information
35. _____________ is one of the criteria for the choice of research problem
that avoids involvement of objectionable duplication.

2 points

A. Novelty
B. Amenability
C, Feasibility
D. Ethics

36.The research proposal may tell us one of the following

2 points

A. What the research will be done?

B. Why the research will be done?
C. Where the research will be done?
D. All of the above

37. The type of title states the subject of the research rather than the
expected out comes is known as

2 points

A. Hanging title
B .Question title
C. Indicative title
D. All of the above

38.__________is dedicated for presenting the base of the problem.

2 points

A. Abstract
B. Table of content
C, Back ground
D. Synopsis
39.Which of the following is a characteristic of good Hypothesis?

2 points

A. Hypothesis must be specific

B. Hypothesis must be clear
C, Hypothesis must be testable
D. All of the above

40.Practical issue of how we formulate research project may not include one
of the following

2 points

A. Sampling
B. construct validity
C. Measurement
D . Design .

41. A line that has a slope of 20 and Y- intercept of 40 has the following
equation:

2 points

A. Y=40X+20
B. Y=20X+40
C. Y= 2X+4
D. Y= 10X+20

42. ____________ is the difference between sales and variable cost or

marginal cost of sales.

2 points

A. Margin
B. Profit
C. Contribution
 D. Total variable cost

43. From the following which one is linear equation?

2 points

A. 6X²+2Y=7
B. 6X+4Y-6=2
C. 2YX+7Y=0
D. √y+3X=6

44. __________ is the cost of producing one extra unit of output/additional

unit.

2 points

A. Contribution
B. Profit
C, variable cost
D. Margin

45 The following are true about matrix

I. Matrix is an mxn rectangular array of numbers.

II. Each number of the mxn matrix is called an element.

III. Matrix is all about rectangular bracket with some numbers.

IV. Order is how many rows and how many column.

2 points

A. I Only
B. I and II Only
C, II, III and IV
D. I, II, IV
46 What is the determinant of the following matrix?

A= [ ]

2 points

A. 0
B. -2
C. -18
D. 18

47 The objective of linear programming for an objective function is

to________?

2 points

A. maximize or minimize
B. subset or proper set modeling
C, row or column modeling
D. adjacent modeling

48. The present value of cash inflows is Birr 32000 and present value of
cash

outflows is Birr 25000 then net present value is__________?

2 points

A. 7000
B. 8000
C, 57000
D, 28000

49. The identification of all the cash flows associated with project gives the
value classified as?

2 points
 A. net discounted value
B. net present value
C. net future value
D. net compounded value

50.The reciprocal of series compound amount factor is classified

as_________?

2 points

A. Series fund factor

B. Sinking fund factor
C, Annuity fund factor
D. Nominal fund factor

51.The scatter in a series of values about the average is called:

2 points

A. Central tendency
B. Dispersion
C. Skewness
D. Symmetry

52.The measures of dispersion can never be:

2 points

A. Positive
B. Zero
C. Negative
D. Equal to 2

53.Which of the following is an absolute measure of dispersion?

2 points

A. Coefficient of variation
 B. Coefficient of dispersion
C. Standard deviation
D. Coefficient of skewness

54.The degree of peaked ness or flatness of a uni-model distribution is called:

2 points

A. Skewness
B. Symmetry
C. Dispersion
D. Kurtosis

55.In economics, desire backed by purchasing power is known as

2 points

A.Utility
B. Demand
C. Consumption
D. Scarcity

56.Basic assumptions of law of demand include

2 points

A. Prices of other goods should change.

B. There should be substitute for the commodity.
C. The commodity should not confer any distinction.
D. The demand for the commodity should not be continuous

57.In the case of perfect elasticity, the demand curve is

2 points

A. Vertical
B. Horizontal
 C. Flat
D. Steep

58.______________ is the base of marketing planning

2 points

A. Demand Estimation
B. Demand analysis
C. Demand function
D. Demand forecasting

59. Perfect competition is not characterized by

2 points

A. large number of buyers and sellers

B. homogeneous product
C. free entry and exit of firms
D. Heterogeneous product

60. Government basically can help new venture formation by providing:

2 points

A. Finance
B. Technology
C. Infrastructure
D. Funds

61. Which of the following factors does not affect a person for being an

entrepreneur?

2 points

A. Gender
B. Education
 C. Family background
D. Personal values

62. Which of the following is not typically regarded as a source of idea

generation?

2 points

A. Consumers
B. Government
C. Brain storming
D. Training

63. ______________ is a form of financing especially for funding high

technology, high

risk and perceived high reward projects

2 points

A. Fixed capital
B. Current capital.
C. Seed capital.
D. Venture capital

64.One of the following is primarily concerned with the identification of the

project

demand potential and the selection of the optimal technology.

2 points

A.Techno-economic analysis.
B. Feasibility analysis.
C. Input analysis.
D. Financial analysis
65. One of the following implies the availability or otherwise of plant and
machinery and technical know-how to produce the product.

2 points

A. Economic viability
B. Financial feasibility
C. Technical feasibility
D. Managerial competence

66. One of the following does not form Intellectual Property?

2 points

A. Trade marks
B. Patents
C. Tangible assets
D. Copyright

67. Innovation can best be defined as ______________.

2 points

A. The successful exploitation of new ideas

B. The evolution of new ideas.
C. The opposite of creativity.
D. The generation of new ideas

68. The type of diversification in which the company adds complementary to

theexisting product or service line is ______________.

2 points

A. Conglomerate diversification
B. Horizontal integration
C. Vertical integration
D. Concentric integration
69. John believes that men perform better in oral presentations than women.
What

shortcut has been used in this case?

2 points

A. The halo effect

B. The contrast effect
C. Projection
D. Stereotyping

70. ______________ is the process of screening out information that we are

uncomfortable with or that contradict to our beliefs

2 points

A. Perceptual context
B. Selective perception
C. Halo effect
D. Stereotyping

71. Believes, attitudes, traditions and expectations which are shared by group

members is called_______________

2 points

A. Group norms
B. Group communication
C. Group cohesiveness
D. Group structure

72. A study of human behavior in organizational settings

is_________________________
2 points

A. Individual behavior
B. Group behavior
C. Organizational behavior
D. Psychology

73. One of the following refers to the reactions of individuals to new or

threatening

factors in their work environments

2 points

A. Attitude
B. Stress
C. Dissonance
D. Disappointment

74. Which of the following is an environmental force that shapes personality?

2 points

A. Gender
B. Height
C. Experience
D. Brain size

75. ______________ is the ability of influencing people to strive willingly for

mutual

Objectives

2 points

A. Motivation
B. Control
 C. Leadership
D. Supervision

76. Jerry is always late coming to work and the manager cut his increment.
This is an

example of.

2 points

A. positive reinforcement
B. negative reinforcement
C. Punishment
D. extinction

77. Select the correct hierarchical order of qualities of an individual

2 points

A. Ability-Skills- Aptitude- Competency

B. Aptitude-Ability- Skills- Competency
C. Skills- Aptitude- Competency- Ability
D. Competency-Ability-Skills- Aptitude

78. ______________ is a set of values that states what an organization

stands for

2 points

A. Organization behavior
B. Organizational culture
C. Organizational spirit
D. Organizational effectiveness

79. A group of projects which have similar objectives and goals

are__________________

2 points
 A. Project
B. Program
C. Business Plan
D. Portfolio

80. Which of the following is false about a project

2 points

A. It has beginning and end

B. It has specific objectives
C. It drives change
D. It is a permanent endeavor

81. Organizational leaders are unlikely to initiate projects due to one of the
following

factor

2 points

A. To attract donors
B. To meet requirements
C. To satisfy stakeholders
D. Implement changes

82. Managing a project may not basically deals with one of the following

2 points

A. Identifying requirements
B. Addressing needs of stakeholders
C. Managing requirements towards stakeholders needs
D. Setting up communication among stakeholders

83. Project constraint that concerned with the project’s efficiency is

_____________________

2 points

A. Quality
B. Risk
C. Scope
D. Schedule

84. Which one of the following is true about the role of project manager?

2 points

A. Providing management oversight for a business unit

B. Ensuring the business operation’s efficiency
C. Leading and achieving project objectives
D. Managing the strategic issues of an organization

85. One of the following is not true about strategic planning

2 points

A. It is a long-range plannin
B. It helps assist establishing priorities
C. It is usually prepared by lower managers
D. It serves as guide for implementing programs

86. Select the order of sampling schemes from best to worst.

2 points

A. simple random, stratified, convenience

B. simple random, convenience, stratified
C. stratified, simple random, convenience
D. stratified, convenience, simple random
87. The measure of location which is the most likely to be influenced by
extreme

values in the data set is :

2 points

A. Range
B. Median
C. Mode
D. Mean

88. Two events, A and B, are mutually exclusive and each has a non-zero
probability.

If event A is known to occur, the probability of the occurrence of event B is:

2 points

A. One
B. Any positive value
C. Zero
D. Any value between 0 to 1

89. A numerical description of the outcome of an experiment is called

a_____________

2 points

A. Descriptive statistic
B. Probability functio
C. Variance
D. Random variable

90. Convenience sampling is an example of

2 points
 A. probabilistic sampling
B. stratified sampling
C. non-probability sampling
D. cluster sampling

91. If average variable cost is decreasing as output increases, then marginal

cost is

definitely

2 points

A. Decreasing as output increases

B. Increasing as output increases.
C. Less than average variable cost.
D. Greater than average variable cost.

92. Determining how tasks are to be grouped is part of which management

function?

2 points

A. Planning
B. Leading
C. Controlling
D. organizing

93. ______________ leadership emphasize on rules and regulation in an

organization

2 points

A. Democratic
B. Autocratic
C. Laissez-faire
D. Bureaucratic

94. Which of the following methods is/are used to solve intergroup conflicts
indirectly

2 points

A. Avoidance
B. Encouragement
C. Bargaining
D. Win-win
አማራጭ 5

95. A threatened strike action by a labor union to force the management to

accept

their demands is an example of which of the following power?

2 points

A. Referent power
B. legitimate power
C. Reward power
D. Coercive power

96. Two people see the same thing at the same time yet interpret it differently.

Where do the factors that operate to shape their dissimilar perceptions

reside?

2 points

A. The perceivers
B. The target
C. The timing
D. The context

97. A learned pre-disposition to respond in a consistently favorable or

unfavorable
manner with respect to a given object

2 points

A. Perception
B. Attitude
C. Behavior
D. personality

98. The economic force that cannot promote long-run profitability is

2 points

A. Few close substitutes

B. Strong entry barriers
C. Unlimited government intervention
D. Abundant Complimentary products

99. In BCG Matrix, the position of a business which is characterized by low

industry

growth but having high market share is:_______________

2 points

A. Star
B. Cash cow
C. Problem child (Question Mark)
D. Dogs

100. Environmental scanning cannot be carried out by one of the following

model

2 points

A. Five Force Model

B. SWOT Analysis
 C. PESTLE Analysis
D. Growth Matrix
Sure, let's go through the answers:

1. **A) Planning**
Planning involves setting goals and objectives and creating specific plans to achieve them.

2. **C) Interpersonal**
Interpersonal skills refer to the ability to interface and work effectively with individuals and groups.

3. **B) Middle managers**

Middle managers are responsible for implementing programs that carry out the broader objectives
set by executives.

4. **A) It is concerned with workers – the vital machine, like Robert Owen’s teaching.**
This statement is not true about the contribution of the Human Relations Approach.

5. **A) Technical**
Technical skills involve knowledge of processes, equipment, and potential problems of an industry.

6. **B) Long term**

Plans that extend beyond 5 years are considered long term.

7. **C) Principle**
A principle is a general rule of truth that applies under similar conditions.

8. **D) Planning**
Planning involves defining organization objectives, establishing strategy, and developing plans.

9. **A) Acquisition phase**

The recruiting, screening, and placing of personnel is part of the acquisition phase of staffing.

10. **D) Performance appraisal**

Performance appraisal involves the systematic evaluation of an employee's performance.

11. **D) All of the above**

All these measures help prevent computer virus infections.

12. **D) All of the above are correct**

All these statements are true about knowledge management.

13. **B) Investors**

Financial growth and the social role of the firm are primarily of interest to investors.

14. **B) Employees**

Information about salaries, wages, and bonuses is of primary interest to employees.

15. **D) All are essential components of a telecommunication system**

Terminals, communication channels, and communication processors are essential components of a
telecommunication system.

16. **A) Security software**

Security software plays an integral role in protecting systems and data.

17. **D) OI is needed to take short term decision to run the organization efficiently**
 Operational information (OI) is used for day-to-day operations and short-term decision-making.

18. **B) Middle managers**

Middle managers oversee first-line managers and report to top management.

19. **A) System**

A system is a collection of elements or components organized for a common purpose.

20. **D) It operates on its own with little or no influence from the outside world**
An open system interacts with its environment through the free passing of information.

21. **C) Promotion**

Promotion refers to the movement of an individual to a higher-level position in the organization.

22. **D) All can affect the appraisal process**

Legal constraints, rater bias, and appraisal acceptance can affect performance appraisal.

23. **C) Performance appraisal**

Performance appraisal is a formal system of periodic review and evaluation of an individual's job
performance.

24. **A) Career planning**

Career planning involves selecting career goals and the paths to these goals.

25. **C) Determine the training and development needs**

The process of staff development begins with determining the training and development needs.

26. **C) Identified sources of recruitment, i.e., internal or external sources**

The selection process starts from identifying sources of recruitment.

27. **C) Image of the organization**

Image of the organization is not an internal factor of recruitment.

28. **B) Selection**

Selection is the process of choosing from a list of applicants those who best meet the selection
criteria.

29. **B) Organizational goals and plans**

The process of human resource planning begins with organizational goals and plans.

30. **C) Job specification**

Job specification specifies the skills, attributes, qualifications, and other traits required for a job.

31. **A) Why do I conduct research?**

The first step in conducting research is to ask oneself why the research is conducted.

32. **C) Symptom, cause, problem**

The correct sequential arrangement is symptom, cause, problem.

33. **D) All of the above**

Data can be objective, subjective, quantitative, or all of these.

34. **C) Originating question**

Gathering secondary information is the initial phase in the process of problem formulation.

35. **A) Novelty**

Novelty is one of the criteria for choosing a research problem to avoid objectionable duplication.
36. **D) All of the above**
The research proposal may specify what, why, and where the research will be done.

37. **C) Indicative title**

An indicative title states the subject of the research rather than the expected outcomes.

38. **C) Background**

Background is dedicated to presenting the base of the problem in a research proposal.

39. **D) All of the above**

A good hypothesis must be specific, clear, and testable.

40. **D. Design**

Practical issues of how to formulate a research project may not typically include design.

41. **B. Y = 20X + 40**

The equation of a line with a slope of 20 and a y-intercept of 40 is Y = 20X + 40.

42. **C. Contribution**

Contribution is the difference between sales and variable costs.

43. **B. 6X + 4Y - 6 = 2**

This equation is a linear equation.

44. **C. Variable cost**

The cost of producing one extra unit of output is the variable cost.

45. **D. I, II, IV**

Statements I, II, and IV are true about matrices.

46. **A. 0**

The determinant of an empty matrix is 0.

47. **A. maximize or minimize**

The objective of linear programming is to maximize or minimize an objective function.

48. **A. 7000**

Net Present Value (NPV) = Present value of cash inflows - Present value of cash outflows
NPV = 32000 - 25000 = 7000

49. **B. net present value**

Identifying all cash flows associated with a project is part of calculating the net present value.

50. **B. Sinking fund factor**

The reciprocal of the series compound amount factor is the sinking fund factor.

51. **B. Dispersion**

Dispersion measures the scatter or spread of values in a dataset.

52. **D. Equal to 2**

Measures of dispersion cannot be negative.

53. **C. Standard deviation**

Standard deviation is an absolute measure of dispersion.

54. **D. Kurtosis**

 Kurtosis measures the degree of peakedness or flatness of a distribution.

55. **B. Demand**

Desire backed by purchasing power is known as demand in economics.

56. **C. The commodity should not confer any distinction.**

This is not a basic assumption of the law of demand.

57. **A. Vertical**

In the case of perfect elasticity, the demand curve is vertical.

58. **B. Demand analysis**

Demand analysis forms the base of marketing planning.

59. **D. Heterogeneous product**

Perfect competition is characterized by homogeneous products.

60. **D. Funds**

Government can help new venture formation by providing funds.

61. **D. Personal values**

Personal values do not affect a person's ability to be an entrepreneur.

62. **D. Training**

Training is not typically regarded as a source of idea generation.

63. **D. Venture capital**

Venture capital is funding for high-risk, high-reward projects.

64. **A. Techno-economic analysis**

Techno-economic analysis involves identifying project demand potential and selecting optimal
technology.

65. **C. Technical feasibility**

Technical feasibility involves the availability of plant, machinery, and technical know-how.

66. **C. Tangible assets**

Tangible assets do not form intellectual property.

67. **A. The successful exploitation of new ideas**

Innovation can be defined as the successful exploitation of new ideas.

68. **D. Concentric integration**

Adding complementary products or services to an existing product line is concentric integration.

69. **D. Stereotyping**

Stereotyping is the shortcut used in this case.

70. **B. Selective perception**

Selective perception is the process of screening out information that contradicts our beliefs.

71. **A. Group norms**

Beliefs, attitudes, traditions, and expectations shared by group members are called group norms.

72. **C. Organizational behavior**

A study of human behavior in organizational settings is organizational behavior.
73. **B. Stress**
Stress refers to the reactions of individuals to new or threatening factors in their work
environments.

74. **C. Experience**

Experience is an environmental force that shapes personality.

75. **C. Leadership**

The ability to influence people to strive for mutual objectives is leadership.

76. **D. extinction**

Cutting Jerry's increment is an example of extinction in behavioral psychology.

77. **D. Competency-Ability-Skills- Aptitude**

The correct hierarchical order of qualities of an individual is competency, ability, skills, and aptitude.

78. **B. Organizational culture**

Organizational culture is a set of values that states what an organization stands for.

79. **B. Program**

A group of projects with similar objectives and goals is a program.

80. **D. It is a permanent endeavor**

Projects have a beginning and end; they are not permanent endeavors.

81. **D. Implement changes**

Organizational leaders are unlikely to initiate projects solely to implement changes.

82. **C. Managing requirements towards stakeholders needs**

Managing a project does not necessarily involve managing requirements towards stakeholder
needs.

83. **A. Quality**

Quality constraint concerns the
Here are the answers to the remaining questions:

85. One of the following is not true about strategic planning

Answer: C. It is usually prepared by lower managers

86. Select the order of sampling schemes from best to worst.

Answer: A. simple random, stratified, convenience

87. The measure of location which is the most likely to be influenced by extreme values in the data
set is:
Answer: D. Mean

88. Two events, A and B, are mutually exclusive and each has a non-zero probability. If event A is
known to occur, the probability of the occurrence of event B is:
Answer: C. Zero

89. A numerical description of the outcome of an experiment is called a_____________

Answer: D. Random variable

90. Convenience sampling is an example of

Answer: C. non-probability sampling

91. If average variable cost is decreasing as output increases, then marginal cost is definitely
 Answer: A. Decreasing as output increases

92. Determining how tasks are to be grouped is part of which management function?
Answer: D. Organizing

93. ______________ leadership emphasize on rules and regulation in an organization

Answer: D. Bureaucratic

94. Which of the following methods is/are used to solve intergroup conflicts indirectly
Answer: A. Avoidance

95. A threatened strike action by a labor union to force the management to accept their demands is
an example of which of the following power?
Answer: D. Coercive power

96. Two people see the same thing at the same time yet interpret it differently. Where do the
factors that operate to shape their dissimilar perceptions reside?
Answer: A. The perceivers

97. A learned pre-disposition to respond in a consistently favorable or unfavorable manner with

respect to a given object
Answer: B. Attitude

98. The economic force that cannot promote long-run profitability is

Answer: D. Abundant Complimentary products

99. In BCG Matrix, the position of a business which is characterized by low industry growth but
having high market share is:_______________
Answer: B. Cash cow

100. Environmental scanning cannot be carried out by one of the following model
Answer: D. Growth Matrix

These answers are based on the typical understanding of these concepts in management and
related fields.