VU Midterm Past Papers
198 solved midterm past paper MCQs for MGT503 (Principles of Management) at Virtual University, each with the correct answer marked. Use them to learn the VU question style and test your recall. An independent study tool — not affiliated with VU.
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Q1. When managers motivate employees, direct the activities of others and resolve conflicts, they are performing which of the following functions of management?
Q2. A field of expertise that is responsible for the production and delivery of an organization's products and services is called:
Q3. The principle reason for formation of the regional trading alliance in Europe was to reduce the power of the United States and:
Q4. Once a manager has identified a problem, the next step would be the identification of:
Q5. In case of a simple problem the assumptions of rationality can be met because of which of the following?
Q6. The customs, norms, values and demographic characteristics of the society in which the organization functions are called:
Q7. As organization is defined as the structure formed by the union of two or more persons to achieve a common goal, which of the following is distinguished as an organization?
Q8. Which of the following is considered as the major resource, offered by the environment to most of the organizations?
Q9. During which of the following era, the concept of bureaucracy within organizations had emerged?
Q10. Importance of workforce employed in an organization was first recognized during:
Q11. In order to maintain proper check & balance, utility stores manage their inventory on regular basis. This concept of inventory management is an illustration of:
Q12. Job activities performed by workers of an organization are served as:
Q13. The production manager of a company observed that workgroup of his employees develops its own notion of acceptable productivity and uses group pressure to ensure that no one deviates from this norm. This observation validates which of the following?
Q14. An executive of an IT firm recognized an opportunity that no one was addressing the administrative problems faced by hospitals in Pakistan. So, he developed a special software package for hospitals. This opportunity was lying in
Q15. A FMCG company predicts its demand by considering economic trends, availability of raw materials, household consumption patterns and other environmental forces. This process is called:
Q16. A manager of a fertilizer company wants to minimize the distribution cost by devising a suitable delivery system from three production plants to seven warehouses in the country. Which decision tool will help him in this planning?
Q17. Which are the tools that managers can use to analyze their organization's environment?
Q18. Ali has decided to implement changes within the production process of his organization. This decision was based upon his review of how well the performance level of the organization is meeting the established goals for the company. He is practicing which of the following management functions.
Q19. Tax revenue is one of the significant resources of the city government, in which type of resource category tax revenue falls?
Q20. In order to survive in the competitive environment, R & D has become essential for each & every organization. This importance of R & D was first recognized in which of the following phase of management?
Q21. Business environment has become dynamic due to the constant changes occurring in the world. In order to cope with such challenges, concept of has emerged.
Q22. Someone who actively participates in management process through the four functions of planning, organizing, leading and controlling is known as
Q23. Greater profit margin can be 2 of a business organization.
Q24. A home appliances company wants to improve their product quality in coming days. This is their:
Q25. 'Revolutionary Computers' is a local manufacturer of computer accessories. For the last 3 months the company is facing heavy losses in the sales of its manufactured USBs. Which suggestion will you propose to Revolutionary Computers?
Q26. All of the following are said to be the early advocates of Behavioral viewpoints EXCEPT :
Q27. All of the following are Taylor's four principles of management EXCEPT:
Q28. Interpersonal roles include which of the following three roles?
Q29. All of the following are the assumptions of rational decision making EXCEPT:
Q30. Which of the following is an advantage of group decision-making?
Q31. Plans which have the broadest organizational focus and the longest time frame are called:
Q32. All of the following are values of studying management, EXCEPT:
Q33. Five departmental heads directly report to CEQ. Whereas a team of seven members is reporting to HR head. Which of the following managerial level is experiencing the wider span of control?
Q34. 'Break-even Analysis' is a means of earning profitable operations of the business through concrete calculations. Therefore, it falls under:
Q35. The contingency viewpoint of management is contradictory to:
Q36. Presidential elections are conducted after the expiration of each electoral term. The procedure defined for the elections is labeled as:
Q37. Choosing the best alternative is relatively achieved soon after:
Q38. Which of the following pre-classical theorists maximized his productivity by setting a higher minimum age of employees, shorter working hours, meal and recreation facilities and better employee housing?
Q39. Demographic factors describe the population and its characteristics in regions where an organization operates. Demographics are part of which environment?
Q40. All of the following are assumptions of rationality EXCEPT:
Q41. Top-level Managers are often involved in defining span of control within the organization, while performing:
Q42. In which of the following managerial approach, it is assumed that decision regarding managerial actions depends upon the particular variables of a situation?
Q43. Which of the following depicts the name of system in which different countries use the common currency?
Q44. In terms of linear programming, profit margins on different products that a company can produce represent which of the following?
Q45. VULMS of Virtual University is a good example of
Q46. The part of mega environment, that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called:
Q47. Which of the following is NOT one of Fredrick Taylor's four principles of management?
Q48. LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these managers are playing?
Q49. Ali is a Branch Manager at Mutual Saving Bank. If he is an average middle manager, which of the following management activities is he likely to spend the greatest amount of time?
Q50. Which of the following acts as an unambiguous measure of the effectiveness of a business organization?
Q51. Manager's interpersonal skills are known as:
Q52. Amir is representing his company at the local Chamber of Commerce Annual Business Recognition luncheon. He is performing which of the following managerial role?
Q53. According to Maslow's hierarchy of need, a healthy work environment is an example of which of the following need?
Q54. Which of the following management perspective focuses on decision making, economic effectiveness, mathematical models and use of computers?
Q55. Daimler-Benz, an automobile manufacturer use realistic computer simulations to study collision damage to cars. These simulations give them precise information and avoid the costs of crashing so many test cars. Which of the following approach of management is helping them in reducing their cost?
Q56. Mega environment is also called:
Q57. Environment made up of specific outside elements within which an organization interfaces in the course of conducting its business is called:
Q58. Mega environment, that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called:
Q59. The belief that a firm's obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as:
Q60. A choice made from two or more alternatives is called:
Q61. Most of the time lower level management of organizations have to deal with problems which are:
Q62. Many decisions fail after the final choice because of the occurrence of which of the following?
Q63. When an organization encounters a serious problem which needs to be solved immediately, it is called:
Q64. As managers move toward the organizational hierarchy, problems are more likely to become which of the following?
Q65. Usman authorized an additional $100,000 for the production of the new product. The cost of the new product seems to be increased far beyond what was planned or even forecasted. However, Usman continues to support the project. He is engaged in which of the following?
Q66. Which of the following refers to the concentration of decision authority at the top levels of the organizational hierarchy?
Q67. In which of the following conditions forecasting is considered to be the most accurate?
Q68. Which of the given element of an organization is supposed to perform to achieve the organizational goals?
Q69. Which of the following is the important point of Deming's' philosophy?
Q70. It was estimated by the chief engineer that the bridge will be accomplished within 3 years, whereas, the construction of bridge was completed at the end of year 2. Therefore, the construction of bridge is labeled as:
Q71. Increased importance of TQM gave emergence to the concept of employee empowerment that has made the ________ skill category mandatory for all managerial levels.
Q72. Which of the following management style is based on the universal perspective of management that describes one best approach to be adopted?
Q73. How suppliers can generally influence the organizational activities?
Q74. Selection of students in the admission process of university is an illustration of:
Q75. In order to identify the most efficient path for execution of activities, managers use:
Q76. Which of the resource allocation technique gives more emphasis to allotment of time?
Q77. All of the following are the parts of organization’s external environment, EXCEPT:
Q78. WTO appears to play an important role in monitoring and promoting:
Q79. Which of the following is the basic rule of brainstorming?
Q80. According to Mintzberg, which management role includes entrepreneur, disturbance handler, resource allocator and negotiator?
Q81. Chester Barnard saw organizations as a ______system that required human assistance.
Q82. Which of the following concept suggests that organizational units may often be more successful working together than working alone?
Q83. A form of business exchange or transaction in which the parties interact electronically is called:
Q84. An individual’s personal beliefs regarding what is right and wrong or good and bad is called:
Q85. A formal written statement of the values and ethical standards that guide a firm’s action is called:
Q86. is right and wrong or good and bad is called:
Q87. For the first time, a Textile company is closing one of its plants in Faisalabad. In this situation, which type of decision is being practiced by its Top management?
Q88. Aisha wants to sell her house. She makes a decision to sell house to the first person who comes along after getting the initial offer. which of the following she is practicing?
Q89. According to Adam Smith, the division of labor results in:
Q90. The significance of ‘Pakistan Resolution – 23 March, 1940’ is:
Q91. The distinct purpose of an organization is typically expressed in terms of:
Q92. To motivate the employees a manager should give them:
Q93. In order to achieve efficiency, organizations empower their employees which ultimately results in:
Q94. Total Quality Management (TQM), advocates:
Q95. In order to ensure work efficiency, F. Taylor suggested that appropriate number of workers should be selected cautiously prior to work assignment to them. In which of the following category of POLCA this proposal will be incorporated?
Q96. While working employees feel as a part of community to give & get from the community. This aspect is represented by:
Q97. Who stands responsible for managing contingent situations?
Q98. Which of the following is considered true for non-programmed decisions?
Q99. The best opinion is selected among various alternatives through voting by the participants in a group decision making while conducting:
Q100. Simulation technique which artificially creates a replica of actual situation, is usually applied in:
Q101. Non-managerial staff can be best described as:
Q102. Sociology can be defined as:
Q103. Behavioral viewpoint emphasizes the need of understanding the various factors affecting the_______ in an organization.
Q104. The extent to which an alternative can be accomplished within related organizational constraints such as time, budgets, technology and policies is called:
Q105. Attempting to understand the signs of some problem comes under:
Q106. The ABC Corporation has decided to upgrade its processing machines as it is experiencing problems within its production department due to the usage of outdated machineries, while its competitors are enjoying more profits by utilizing modern technology. This is an example of an:
Q107. Due to time constraints sometimes managers are bound to choose the alternative which appears to be little satisfactory. Which of the given term depicts this situation?
Q108. Which of the following techniques relies on individual or group judgments rather than on mathematical analysis?
Q109. LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture. Which of the following roles these mangers are playing?
Q110. The managerial functions according to Fayola were :
Q111. that includes the attitudes, values, norms, beliefs, behaviors and associated demographic trends that are characteristics of a given geographic area, is called:
Q112. Which of the following decision making techniques requires a panel of experts?
Q113. As managers move towards the organizational hierarchy, problems are more likely to become which of the following?
Q114. Programmed decisions minimize the need for managers to:
Q115. Fifth Step in the rational decision making process is:
Q116. In decision making process, ideas should be evaluated on the basis of:
Q117. A situation in which manager can make an accurate decision is called:
Q118. The single EU currency will be called:
Q119. The customs, mores, values and demographic characteristics of the society in which the organization function are called:
Q120. Systems that are not influenced by and do not interact with their environment are :
Showing the first 120 of 198 MCQs.