Management MCQs

Which of the following is not one of the three elements of strategy creation?

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A. Sales
B. Innovation
C. Planning
D. Leadership
✅ The correct answer is option A.
Sales is not one of the three elements of strategy creation. The environment, the resources of your organisation and the expectations of different stakeholders are three elements of strategy creation.

This time is yours to use as you please, use it for the things you value most in life.

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A. Committed time
B. Discretionary time
C. Maintenance time
D. Family time
✅ The correct answer is option B.
Discretionary time is yours to use as you please, use it for the things you value most in life. Discretionary time is any time when you have a choice as to what to do.

In monetary terms, an expected value of outcome is classified as

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A. expected value
B. expected decision value
C. expected outcome value
D. expected monetary value
✅ The correct answer is option D.
In monetary terms, an expected value of outcome is classified as expected monetary value. Expected monetary value (EMV) is a risk management technique to help quantify and compare risks in many aspects of the project.

_____ configurations provide extremely a fast transmission between workstations contains only one

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A. General
B. Star
C. Mesh
D. Ring
✅ The correct answer is option C.
Mesh configurations provide extremely a fast transmission between workstations contains only one. Mesh is a network topology in which devices are connected with many redundant interconnections between network nodes. In a true mesh topology every node has a connection to every other node in the network.

An advantage of simulation as opposed to optimization is that.

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A. Several options of measure of performance can be examined
B. Complex real-life problems can be studied
C. It is applicable in cases where there is an element of randomness in a system
D. All of the above
✅ The correct answer is option D.
An advantage of simulation as opposed to optimization is that Several options of measure of performance can be examined, Complex real-life problems can be studied and It is applicable in cases where there is an element of randomness in a system.

Praise, recognition and power are_______.

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A. intrinsic motivation
B. extrinsic motivation
C. positive motivation
D. negative motivation
✅ The correct answer is option A.
Praise, recognition and power are intrinsic motivation. Intrinsic motivation is by nature hard to influence from the outside. However, it’s possible, and it’s not rocket science. Research found that people are happier when they share the values of their peer group. Therefore, the key to making your employees’ work more enjoyable is enabling them to identify with the company’s shared values and goals. It’s within a leader’s circle of influence to give your organization a personality employees can identify with and hire people who share your values.