21
What is "Time Management"?
A.
B.
C.
D.
Answer & Solution
Time management is the process of organizing and planning how to divide your
time between different tasks to maximize productivity and effectiveness.
22
What is "Management Information System" (MIS)?
A.
B.
C.
D.
Answer & Solution
MIS is used by managers to analyze business operations, evaluate performance, and make informed decisions by processing and storing organizational data.
23
What does "Corporate Governance" mean?
A.
B.
C.
D.
Answer & Solution
Corporate governance refers to the mechanisms, processes, and relations by which corporations are controlled and directed, ensuring accountability and transparency in decision-making.
24
What is "The Hawthorne Effect"?
A.
B.
C.
D.
Answer & Solution
The Hawthorne Effect is a psychological phenomenon where employees improve
their performance because they are aware they are being observed by management
or researchers.
25
What does "Vertical Integration" refer to?
A.
B.
C.
D.
Answer & Solution
Vertical integration occurs when a company expands its control over multiple stages of production or distribution, either by acquiring suppliers (backward integration) or distributors (forward integration).
26
What is "Risk Assessment"?
A.
B.
C.
D.
Answer & Solution
Risk assessment involves identifying potential risks to the business, analyzing their likelihood and impact, and taking steps to mitigate or manage those risks.
27
What is "Six Sigma"?
A.
B.
C.
D.
Answer & Solution
Six Sigma is a set of techniques and tools used for process improvement,
focusing on eliminating defects, reducing process variability, and achieving
near-perfect performance.
28
Which of the following is a common barrier to effective communication?
A.
B.
C.
D.
Answer & Solution
Language differences can hinder
understanding and lead to miscommunication, making it difficult for individuals
from diverse backgrounds to effectively exchange information.
29
Why is feedback crucial in the communication process?
A.
B.
C.
D.
Answer & Solution
Feedback helps the sender understand whether their message was received and understood as intended, enabling improvements in future communications.
30
What is a key aspect of nonverbal communication?
A.
B.
C.
D.
Answer & Solution
Nonverbal communication includes all forms of communication that do not involve words, such as body language, facial expressions, tone of voice, and gestures, which can significantly impact the interpretation of a message.
