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Q. 21) Productivity ultimately depends on both

(A) efficiency and effectiveness
(B) infrastructure and culture
(C) people and money
(D) satisfaction and revitalization
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Q. 22) What is planning?

(A) the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
(B) the process of evaluating whether outcomes match objectives and, if not, taking corrective action
(C) the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
(D) determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
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Q. 23) What is the process of managerial control or controlling?

(A) the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
(B) the process of evaluating whether outcomes match objectives and, if not, taking corrective action
(C) the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
(D) determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
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Q. 24) What is competitive strategy?

(A) the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
(B) the process of evaluating whether outcomes match objectives and, if not, taking corrective action
(C) the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
(D) planning actions at the line of business level about where and how to compete
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Q. 25) The process of strategic thinking most involves what?

(A) the process of establishing objectives and specifying how they are to be accomplished in an uncertain future
(B) the process of evaluating whether outcomes match objectives and, if not, taking corrective action
(C) the pattern of managing actions that focus resources and core competence on achieving a sustained competitive advantage
(D) determining a workable fit between organisational competencies and limitations on the one hand and opportunities and threats on the other
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Q. 26) IT has impacts as

(A) first order
(B) second order
(C) third order
(D) all of the above
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Q. 27) A centralised system keeps decision making firmly at the top of the hierarchy

(A) true
(B) false
(C) not applicable
(D) don’t know
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Q. 28) Centralised IT management system best suited for

(A) small sized organization
(B) large sized organization
(C) all of the above
(D) none of the above
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Q. 29) Decentralised IT management system best suited for

(A) small sized organization
(B) large sized organization
(C) all of the above
(D) none of the above
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Q. 30) Centralised IT management system has

(A) inadequate control over the organization
(B) considerable control over the organization
(C) all of the above
(D) none of the above
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Information systems and engineering economics MCQs Set 1

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