Assignment No 3 Ans

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Assignment No 3

1) work out product requirement in detail and set product specification on the basis of customer’s
preference, cost and profit is a function of............

a)Quality management b) Material management

c) Production management d)Inventory management

2) QUESTION: which of the following is / are the characteristics of organization?

A) Small or large group of people b) Group headed by executive leader

C) Allocates duties and responsibilities to employees d) All of the above

3) factor which affects departmentation are________

a) Product b) Process c)Function d)All of the above

4) The lower level of managers work at

a) Strategical level b)Tactical level c) Operational level d) At all levels

5) The process of monitoring & comparing & correcting is is called _______

a)Coordinating b)Controlling c)Leading d)Organizing

6) Finance may be defined as art & science of ..........

a) Managing material b)Managing money c)Managing men d)Managing machinery

7) The capital invested in assets which cannot be easily converted into is called

a) Fixed capital b) Equity capital c)Working d)None of the above

8) ______ management is defined as an attempt to balance inventory needs and requirement with the
need to minimize costs resulting and holding inventory

a)Financial b)Marketing c)Inventory d)Production

9) _________ department floats enquiries and processes quotations.

a) Sales budget b) Purchase c)Production d)Inventory

10) The participation of all the members in an organizing, aiming at long term success through customer
satisfaction for the benefits to all member & to the society is known as

a)Quality control b)Quality assurance c)Total quality management d)Quality team


11) which of the following post comes under middle level management

a)Director b)Branch manager c)Foreman d)Supervisor

12) _____________ is the task of buying goods of right quality , in the right quantities , at the right time
and at the right place

a)Supplying b)Purchasing c)Scrutinizing d) none of the above

13) to achieve quality (i.e., defect free products and services),we require ------

a)Close cooperation between management &staff b)Commitment

c)An environment in which quality can flourish d)All of the above

14) Which of the following process includes the activities of planning , scheduling and controlling
material.

a) Material Management b) Resource Management c) Resource Planning d) ERP

15) Quality is the responsibility of --

a)all those in concern with product including end user b) all those who are working in the organization

c) all those who are managers d) all those who are supervisors

16) Grouping the activities or operations of an enterprise into various units is referred as

A) Centralization B) Departmentation C) Delegation D) Communication

17) Bench marking determines

A) Customer requirement B) Process capability C) Standards D) Getting ISO 9000 audit done

18) ...........is The process of operations, verify conformity with the predetermined plan and takes
corrective action

A) Coordinating B) Forecasting C) Organizing D) Controlling

19) In automobile industry, departments can be on the basis of ______

A) Territorial B) Product C) Customer D) Process

20) All the person working in the organization ( including managers & workers ) Should be

involved in _______ operation

A) MRP B) TQM C) Globalization D) EOQ


21) ________ is prepared to co-ordinate between various budget

A) Master budget B) Sales budget C) Production budget D) Material budget

22) Capital required by a company to purchase building for staring the company is called as.

A) Working Capital B) Fixed captital C) Laon D) Debt

23) The Objective of TQM is

A) To improve profitability B) To improve process C) To guide management D) None

24) Work out product requirement in detail and set product specification on the basis if customers
preference, cost and profit is a function of _____________

A) Quality management B) Material management

C) Production management D) Inventory management

25) The sum that every shareholder gets is known as________

A) Amount B) Dividend C) Shares D) Capital

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