Question Bank

Course: ARM 321 –Agribusiness Management & Entrepreneurship (1+1)
I. Choose the Best Answer:

1. How many sectors involved in agribusiness?
A. Only one
B. There are three
C. Foremost four
D. Finally five
Answer: B. There are three
2. The book “A Concept of Agri-business” is written by

A. John David and A. Gold Berg
B. Nelson DL and Cox MM
C. Alexopoulos,C.J. and Mims,C.W.
D. Richard and B Chase
Answer: A. John David and A. Gold Berg
3. Which one is a basic function of management?

A. Planning
B. Controlling
C. Organizing
D. Staffing
Answer: A. Planning
4. Lower level of management is also known as

A. Supervisory level of management
B. Operative level of management
C. Both a & b
D. First line managers
Answer: C. Both a & b
5. Any business unit which is owned and controlled by a single individual is

known as
A. Individualistic institutions
B. Sole proprietorship
C. Joint Stock Company
D. None of the above
Answer: B. Sole Proprietorship
6. Where first advanced Agribusiness management seminar was held?

A. Manila
B. Tokyo
C. Delhi
D. Japan
Answer: A. Manila
7. Board of directors, chairman and chief executive officer were coming
under the which level of management.
A. Top management
B. Middle management
C. Supervisory level
D. None of the above
Answer: A. Top management
8. Planning, Organizing, Staffing, Directing and Controlling was stated by

A. Koontz & O’Donnel
B. Ralph Davis
C. Henry Fayol
D. E.F.L Brach
Answer: A. Koontz & O’Donnel
9. Selection of top executives and determination of overall organisation

structure is the function of
A. Board of Directors
B. Chief executives
C. Chairman
D. Managers
Answer: A. Board of Directors
10. Creating environment for work performance, coordinating departmental

heads and bringing organisational plans into action are the functions of
A. Top management
B. Middle management
D. Executory level
Answer: A. Top Management
11. Co-operative farming societies comes under which type of integration.

A. Vertical
B. Horizontal
C. Both a & b
D. Forward
Answer: B. Horizontal
12. If wholesaler assumes retailing function also is called as

A. Backward Integration
B. Forward Integration
C. Horizontal Integration
D. Both b & c
Answer: B. Forward Integration
13. Formation of utilities by converting raw objects in to final creation by
different scientific methods and set of laws is.
A. Production
B. Marketing
C. Quality control
D. Resource management
Answer: A. Production
14. The management which deals with valuable use and control of
manpower.
A. Production management
B. Marketing management
C. Financial management
D. Personal management
Answer: D. Personal Management
15. Management roles include-

A. Only decisional
B. Informational
C. Decisional
D. Both b & c
Answer: D. Both b & c
II.Fill in the blanks: (15 Questions)
1. Shareholders are the _________ of the company

A. Owners
B. Partners
C. Members
D. Board people
Answer: C. Members
2. Agribusiness is always _________oriented

A. Production
B. Business
C. Market
D. Customer
Answer: C.Market
3. ___________an agreement between two or more persons.

A. Partnership
B. Sole trading
C. Joint Hindu family
D. Multinational companies
Answer: A.Partnership
4. ____________ is the sum total of operations involved like manufacture,

distribution, production, storage, processing and distribution of farm
commodities.
A. Agriculture
B. Agri-business
C. Management
D. Manufacturing
Answer: B. Agri-business
5. ____________ deals with the supply of inputs required by the farmers.

A. Output sector
B. Input sector
C. Farm sector
D. Product sector
Answer: B.Input Sector
6. __________is the art of getting things done through the efforts of other
people
A. Management
B. Marketing
C. Agri-business
D. Business
Answer: A.Management
7. ____________ is the keyword given by Luther Gullick for Planning,

Organizing, Staffing, Directing, Co-ordination, Reporting & Budgeting.
A. PSOCODBR
B. POSDCORB
C. PDCOSRBO
D. POROCODS
Answer: B.POSDCORB
8. The Supervisory / Operative level of management is also known
as__________________Management.
A. Top level
B. Administrative level
C. Middle level
D. Low level
Answer: D. Low Level
9. ___________ implies overseeing the work of subordinates by their

superiors.
A. Supervision
B. Motivation
C. Leadership
D. Communications
Answer: A.Supervision
10. _____________ is the ultimate source of authority.

A. Top Level Management
B. Middle Level Management
C. Low Level Management
D. Executory Level management
Answer: A.Top Level Management
11. _______________means inspiring, stimulating or encouraging the sub-

ordinates with zeal to work.
A. Supervision
B. Leadership
C. Communication
D. Motivation
Answer: D. Motivation
12. _________deals in job assessment, merit ranking of jobs and making

wage and encouragement policy for employees.
A. Training and development
B. Industrial relation
C. Wage administration
D. Recruitment and selection
Answer: C.Wage Administration
13. ____________ management skill is ability to visualize most appropriate

response to a situation.
A. Political
B. Conceptual
C. Diagnostic
D. Interpersonal
Answer: C. Diagnostic
14. The process of grouping the activities is commonly known as__________

A. Segmentation
B. Departmentation
C. Advertising
D. Communication
Answer: B. Departmentation
15. ____________ department guarantee the customer satisfaction.
A. Material management
B. Quality Control
C. Market research
D. Costing
Answer: B. Quality Control
III.1.Match the Following
a. Technical skill : i. Build a power base and connections

b. Interpersonal skill : ii. Appropriate response
c. Conceptual skill : iii. Creating a budget
d. Diagnostic skill : iv. Communication
e. Political skill : v. Analyze complex situations
A. a - iii, b - iv, c - v, d - i, e- ii B. a - iii, b - v ,c - iv, d – i, e-ii

C. a - iii, b - iv, c - v ,d –ii, e- i D. a - iv, b - iii ,c - v ,d – ii, e- i
a Planning : i. Communication
.
b Organizing : ii. what to do
.
c. Staffing : iii. Corrective action
d Directing : iv. Training
.
e Controlling : v. Assigning duties
.
C. a - iii, b - iv, c - v ,d –ii, e- i D. a - ii, b - v ,c - iv ,d –i, e- iii
a Management By Objective : i. Haimann

.
b Agribusiness : ii. Michael J. Julias
.
c. Management : iii. Peter Drucker
d Directing : iv. John David
.
e Personnel management : v. Lawrence A. Appley
.
C. a - iii, b - iv, c - v ,d –ii, e- i D. a - ii, b - v ,c - iv ,d –i, e- iii
Part – B: 2 mark questions
Read the following passage and answer the questions

1. Henry Mintzberg understood and organized the roles of management
systematically in his 1990 book Mintzberg on Management: Inside our
Strange World of Organizations. Mintzberg maintains that management is
often more art than science, evident in his very practical and applicable model
outlining 10 Management Roles.
1. Manager is a source of inspiration
A. Figurehead
B. Leader
C. Liaison
D. Entrepreneur
2. Which one of following coming under informational category
A. Disturbance Handler
B. Negotiator
C. Liaison
D. Disseminator
3. Find out which one of following not in 10 management roles
A. Resource Allocator
B. Disturbance Handler
C. Designer
D. Spokesperson
4. Which one of the following process the information available
A. Monitor
B. Liaison
C. Leader
D. Entrepreneur
2. Planning refers to the process of designing the future course of action for an
organization to achieve specific goals. The planning classified based upon
extent of use, time frame, organization levels etc.
1. Which one is not in standing plans classification.
A. Policy
B. Project
C. Procedures
D. Rules
2. Which one is not in Six P’s of planning.
A. Purpose
B. Philosophy
C. Plans
D. Program
3. Any plan made with a particular objective is known as
A. Routine plans
B. Formal plans
C. Specific plans
D. Tactical plans
4. Plan usually involves time interval of between 1 and 3 years is called as
A. Short term plans
B. Long term plans
C. Intermediate plans
D. Permanent plans
3. Integration shows the relationship of firms. Agri-business sector provides

crucial backward and forward linkages. Answers to the following questions?
1. ______________ occurs when a firm performs more than one activity in
the sequence is called as.
A. Horizontal integration
B. Vertical integration
C. Conglomeration
D. Forward integration
2. If one firm assumes several functions which do not have any relationship is
called as ____________
B. Vertical integration
C. Conglomeration
D. Backward integration
3. If one firm assumes other functions (succeeding) related to consumption
function?
B. Backward integration
C. Vertical integration
D. Forward integration
4. A firm taking control of other firms or agencies performing similar function.
A. Vertical integration
B. Backward integration
C. Ownership integration
D. Horizontal integration
4. Human resource management is an important discipline in management.

The success of an organization lies in the hands of the human resources who
actually run the organization. Answers to the following questions?
1. The process of identifying the sources for perspective candidates
and to stimulate them to apply for the jobs.
A. Recruitment
B. Selection
C. Training
D. Job analysis
2. “Manpower management effectively describes the processes of
planning and directing the application, development, and
utilisation of human resources in employment” is given by
A. Michael J. Julias
B. Dale Yoder
C. Pigors and Myres
D. Dalton E. McFarland
3. Recruitment is the process of attracting potential employees to
the company is given by
A. Michael J. Julias
B. Dale Yoder
C. Pigors and Myres
D. Dalton E. McFarland
4. Which one of following is the second step in selection procedure
of employees?
A. Job Description
B. Job Analysis
C. Job Specification
D. Job Location
5. The term “Levels of Management’ refers to a line of demarcation

between various managerial positions in an organization. The level
of management determines a chain of command, the amount of
authority & status enjoyed by any managerial position. Answers to
the following questions?
1. Preparation of department budgets, procedures, schedules etc.
is the role of
A. Top level
B. Middle level
C. Low level
2. Assigning of jobs and tasks to various workers
A. Top level
B. Low level
C. Executory level
D. Middle level
3. Who prepares strategic plans & policies for the enterprise
A. Top level
B. Low level
D. Middle level
4. Who arrange necessary materials, machines, tools etc for getting the
things done?
A. Top level
B. Middle level
C. Low level
6. Organizing is the process of bringing together physical, financial
and human resources and developing productive relationship
amongst them for achievement of organizational goals. Answers to
the following questions?
1. Which one of the following is the principle of organizing?
A. Span of control
B. Delegation
C. Selection
D. Both a & b
2. ________ is the tool by which a manager is able to accomplish
the desired objective?
A. Unity of command
B. Flexibility
C. Unity of direction
D. Authority
3. The organization should be able to attain the mission and
objectives at the minimum cost.
A. Efficiency
B. Span of control
C. Specialization
D. Scalar principle
4. The organization structure should be ________ as possible with minimum
number of levels.
A. Efficient
B. Simple
C. Easy
D. Control
7. There are several key ways in which an organisation may decide about the
pattern that will be used in grouping the various, similar activities performed.
There are various basis of departmentation. Answers to the following
questions?
1. A firm can employ a great variety of skills and utilize the same efficiently.
Is the strength which basis of departmentation?
A. Function
B. Product
C. Time
D. Equipment
2. Which basis of departmentation reduces transport costs?
A. Time
B. Territory
C. Product
D. Function
3. Which basis of departmentation is more common in banking, book
publishing and food industry?
A. Customer
B. Process
C. Time
D. Product
4. Which basis of departmentation suited to manufacturing companies?
A. Equipment
B. Function
C. Product
D. Customer
8. Direction is a vital managerial function, performed by every manager.

Whenever decision is taken, it must be converted into action by proper
implementation. Otherwise, it is of no use. Effective implementation of a
decision is made possible by directions. Answer to the following questions?
1. “Directing consists of the process and techniques utilized in issuing
instructions and making certain that operations are carried on as originally
planned” is given by
A. Haimann
B. Koonz and O’Donnel
C. Pigors and Myres
D. Heinz Weihrich
2. An employee should receive orders and instructions only from one
superior.
A. Direct supervision
B. Effective communication
C. Unity of direction
D. Follow through
3. _______________means inspiring, stimulating or encouraging the sub-
ordinates with zeal to work.
A. Supervision
B. Leadership
C. Communication
D. Motivation
4. How many principles are there in directing?
A. Three
B. Two
C. Five
D. Four
9. Controlling implies measurement of accomplishment against the standards

and correction of deviation if any to ensure achievement of organizational
goals. The purpose of controlling is to ensure that everything occurs in
conformities with the standards. An efficient system of control helps to predict
deviations before they actually occur. Answer to the following questions?
1. The steps in controlling may broadly be classified into ______ parts
A. Eight
B. Five
C. Four
D. Seven
2. Based on elements to be controlled, control can be divided into ___________
A. Five
B. Two
C. Four
D. Three
3. Based on the stages, control can be in three forms
A. Three
B. Two
C. Five
D. Four
4. Which one of the following is not in steps of controlling?
A. Establishment of control standards
B. Measurement of performance
C. Performance appraisals
D. Correction of deviations from standards
10. There are eight types of production which may be classified in three or four
broad groups according to the quantities of production involved [Samuel
Eilon].
1. The Examples like manufacturing of aircrafts, ships, space vehicle, bridge
and dam construction etc. are coming under which type of production
system?
A. Batch Production
B. mass production
C. Continuous Production
D. Job Production
2. Which production system deals with ‘low volume and large variety’?
A. Batch Production
B. Job shop Production
C. Mass production
D. Flow Production
3. A steel plant is example for which type of production systems?
A. Unit Production
B. Continuous production
C. Batch Production
D. Job shop Production
4. The feature “Work-in-process (WIP) inventory in this system is zero” can
seen in which type of production systems?
A. Batch Production
B. Unit production
C. Continuous Production
D. Job shop Production
Thanthai Roever Institute of Agriculture and Rural Development
(Affiliated to Tamil Nadu Agricultural University)
ARM 301- AGRI BUSINESS MANAGEMENT AND ENTREPREUNERSHIP (1+1)
III Year - V Semester
Mid Semester Examination – 2017
PART-A
I. Choose the correct answer
1. Father of scientific management
a) Elton Mayo b) Abraham Harold Maslow
c) Henry Fayol d) F.W. Taylor
2. Each subordinates should receive orders from one superior is known as
a) Authority b) Unity of direction
c) Unity of command d) Division of work
3. Tactical plans are prepared by
a) Top-level b) Middle-level
c) Operational-level d) both a & b
4. Example for Departmentation by time
a) Hospital b) Book publishing
c) Zonal offices d) Food products
5. Most widely accepted functions of management i.e. Planning, Organising,

staffing, Directing and controlling were given by
a) Luther Gullick b) Henry Fayol
c) George and Jerry d) Koontz and O’ Donnel
6. Management by objectives was coined by Peter Drucker in the year
a) 1952 b) 1953
c) 1954 d) 1955
7. It implies overseeing the work subordinates by their superiors. It’s the act of
watching, directing work and workers
a) Motivation b) supervision
c) Communication d) Direction
8. It is the process of passing information, experience, opinion, etc., from one

person to another. It’s a bridge of understanding
a) Coordination b) leadership
c) Communication d) Motivation
9. Planning should be
a) Proactive b) Formal
c) Corporate d) Informal
10. Top level management includes
a) Board of Directors b) Regional Manager
c) Chief Executive Officer d) Both a & c
11. Leaders wants to run show all by himself
a) Autocratic b) Laissez Faire
c) Participatory d) Democratic
12. The management function that involves influencing others to engage in the
work behaviours necessary to reach organizational goals
a) Planning b) Leading
c) Controlling d) Organizing
13. The needs in Maslow’s hierarchy that involve the desire to affiliate with and
be accepted by others is
a) Esteem needs b) Self- actualization needs
c) Safety needs d) Social needs
14. How many sectors in agribusiness management
a) Only one b) Three

c) Oremost four d) finally five
15. Agribusiness is always
a) Production b) Business
c) Market d) Costumer
II. Fill in the Blanks
16. The process of working with and through others to achieve organizational
objectives in a changing environment is termed as __________
a) Planning b) Management
17. The process of assigning the duties and responsibilities and accountabilities
known as__________
a) Delegation b) Departmentation
c) Controlling d) Decentralization
18. The term agribusiness was termed by _________.
a) William Spriegel b) Abraham Harold Maslow
c) John H. Davis d) F.W. Taylor
19. The process of grouping of varies the activities is commonly known as

___________.
a) Delegation b) Departmentation
c) Controlling d) Decentralization
20. _________ is the process of deciding in advance, what is to be done, how,
When and by whom.
a) Planning b) Management
21. _________ level management stands between top management and
supervisory management level.
a) Top-level b) Middle-level
c) Operational-level d) both a & b
22. Synchronising and unifying the actions of a group of people is termed as
___________.
c) Communication d) Controlling
23. _________ refers to goal-directed behaviour.
c) Communication d) Motivation
24. Comparing opening results with the plans and taking corrective action
When results deviate from the plans is known as ___________.
c) Communication d) Controlling
25. _________ is the process by which a course of action is consciously chosen from
available alternatives for the purpose of achieving the desired goals
a) Unity of direction b) decision- Making
c) Unity of command d) Division of work
26. _________ It is the ability of a person to influencing another person to perform an

act.
a) Authority b) direction
c) Power d) responsibilities
27. _________ is theory help managers in understanding the needs of individuals and
motivates them.
a) Bureaucracy b) Maslow’s
c) Authority d) Motion Study
28. The process involved in identifying, assessing, placing, evaluating and

directing individuals are work is known as _____________
a) Staffing b) Planning
29. ______________ a chain of events which initiatives the process of sources, make
and deliver a products from ore to store to satisfying the ever changing needs
of a customer in the market place
a) Scalar Chain b) Gang plank
c) Supply Chain d) Demand chain
30. ___________ is process of something original and more effectives and as

consequences, new, that “breaks into” the market or society.
a) Invention b) Innovation
c) Fabien d) Drones
III. Match the Following (31-35)
1. Partnership - i) course of financial action
2. Sole trading institutions - ii) one or more individuals
3. Corporation - iii) Formal organization
4. Authority - iv) Single individual owners
5. Budget control - v) two are more owners
a) 1-v, 2-iv, 3-ii, 4- iii, 5-i b) 1-iii, 2- i, 3-ii, 4-v, 5-iv

c) 1-iv, 2-v, 3-iii, 4-I, 5-ii d) 1-ii, 2-i, 3-iv, 4-v, 5-iii
1. Operation Management - i) Service to line staff
2. Inventory Management -ii) Do’s and Don’ts
3. Single Use plan -iii) Mango pulp
4. Marketing Management -iv) Engine oil
5. Staff functions -v) buying and selling
a) 1-v, 2-iv, 3-ii, 4- iii, 5-i b) 1-iii, 2-iv, 3-ii, 4-v, 5-i
c) 1-ii, 2-i, 3-iv, 4-v, 5-iii d) 1-iii, 2- i, 3-ii, 4-v, 5-iv
1. Administrative theory - i) Frank Gilbreth
2. Bureaucratic management - ii) Luther Gulick
3. Father of motion study - iii) Henry Fayol
4. POSDCORD - iv) Chester Barnard
5. Theory of authority -v) Max Webber
a) 1-v, 2-iv, 3-ii, 4- iii, 5-i b) 1-iii, 2-iv, 3-ii, 4-v, 5-i
c) 1-ii, 2-i, 3-iv, 4-v, 5-iii d) 1-iii, 2- v, 3-i, 4-ii, 5-iv
PART-B
Answer the questions
1. History of management
A) The process relies on a rational set of structuring guidelines, such as rules and
procedures, hierarchy, and a clear division of labour.
a) Bureaucratic Management b) Scientific Management
c) Strategic Management d) Administrative Management
B) The "one best way" to do a job is called as

C) Emphasize the flow of information in the operation of the organization.
D) Emphasizes achieving customer satisfaction by providing high quality goods and

services.
a) Quality Management b) Quantity Management
c) Supply Management d) Demand Management
2. Small business organization
A) The investment in fixed assets in Plant and Machinery, whether held in ownership
terms or on lease or by hire purchase, does not exceed Rs.100 lakhs is called
a) Small Scale Industrial b) Tiny Enterprises
c) Export Oriented Units d) Women Enterprises

B) The investment limit in Plant and Machinery up to Rs.25 lakhs irrespective of the
location of the unit

C) Units having fixed assets in Plant and Machinery not exceeding Rs.100 lakhs and
which undertake to export at least 30% of its current production

D) One or more women entrepreneurs have not less than 51% of financial holding
3. Planning is the function

A) All enterprise activities are directed to achieve the targets set by long-range
planning. Long-range planning is also called
a) Strategic planning b) Tactical planning
c) Specific planning d) intermediate planning

B) Short-range planning, its covers a short period, usually one year.
C) Planning is only supplementary to long-range or short range planning of the

enterprise and, in a sense
D) The organization to serve as guidelines with respect to activities which will occur
frequently over time
a) Short term plan b) long term plan
c) Standing use plans d) Single use plan
4. Principles of organization
A) The number of subordinate managers reporting to a single senior manager

stationed above them in the management pyramid.
a) Unity of Command b) Span control
c) Scalar Chain d) Responsibility
B) The stipulates that each is responsible to only one superior

C) The line of authority from the chief executive at the top to the first line supervisor
at the bottom.
D) The obligation of subordinates to whom a superior has assigned a task, to perform

the service as required.

5. Pattern in Organization Structure
A) The persons having the greater decision-making authority are placed at the top,
and those having the least decision-making authority are at the bottom.
a) Line organization b) Project organization
c) Function organization d) Committee organization
B) The one person where the work is organized on the basis of specialization
C) The project may become a long-term or permanent effort that eventually becomes
a programme (or branch) organization.

D) A group of persons formed for a special purpose.

6. Types of leader
A) Leader wants to run show all by himself.
a) Autocratic Leader b) Democratic Leader
c) Laissez Faire Leader d) Institutional Leader

B) Leader permits his followers to do whatever they want to do.

C) The leader derives his power by consent of the followers.

D) Leader is one who wields power over his followers due to the position or office
occupied by him in the organizational hierarchy.

7. Types of Communication
A) The form of communication in which message is transmitted verbally;
communication is done by word of mouth and a piece of writing.
a) Verbal b) Non Verbal
c) Formal d) Informal
B) A communication is the sending or receiving of wordless messages.
C) A communication, certain rules, conventions and principles are followed while
communicating message.
D) A communication is done using channels that are in contrast with formal
communication channels. It’s just a casual talk.
8. Forms of Co-ordination
A) A co-ordination between the different units of within the organisation
a) Internal b) External
c) Vertical d) Horizontal
B) A co-ordination between and its external environment comprising (outside
enterprises)
a) Internal b) Vertical
c) External d) Horizontal
C) A co-ordination between different levels of the organisation and has to ensure that
all the levels in the organisation act in harmony and in accordance with the goals and
policies of the organisation
D) A co-ordination between different departments and other units at the same level
of the management hierarchy.
9. Controlling activities and types, tools and components of control
A) When sometimes called preliminary or preventive controls, attempt to identify and
prevent deviations in the standards before they occur.
a) Feed forward control b) Concurrent control
c) Feedback control d) Inventory control
B) Monitor ongoing employee activity to ensure consistency with quality standards

C) It involves reviewing information to determine whether performance meets

established standards.
D) Controlling the kind, amount, location, movement and timing of various
Commodities used in produced by industrial enterprise.
10. Managerial Skills and Managerial Roles

A) The three roles include figurehead, leader, and liaison activities is called
a) Informational Roles b) Interpersonal Roles
c) Decision Role d) both a and b
B) The three Informational roles include monitor; disseminator, and spokesperson

a) Informational Roles b) Interpersonal Roles
c) Decision Role d) both a and b

C) Competencies important, particular for lower management
a) Technical skill b) Interpersonal Skill
c) Conceptual skill d) both a and b
D) Competencies needed for all level of management

a) Technical skill b) Interpersonal Skill
c) Conceptual skill d) both a and b

(Answer All questions) [20 x 0.5 = 10]
Choose the correct answer

1. Agri-business as a concept was born in Harvard University in ___________
a. 1954 b. 1957 c. 1955 d. 1958
Ans: b. 1957
2. Agri-business provides crucial ___________
a. Forward linkages b. Backward linkages c. Both d. None
Ans: c. Both
3. _________________ is an art of getting things done by others efforts.
a) Management
b) Finance
c) Marketing
d) Production
Ans: a) Management
4. Who is the father of management?
a) Peter Drucker
b) Schumpeter
c) Will smith
d) Maslow
Ans: a) Peter Drucker
5._ ____________ is a process of identifying and grouping the work to be performed, defining,
delegating responsibility
a) Organization
b) Team building
c) Focus group
d) Financing
Ans; a) Organization
6. ____________ is the activity that establish a course of action for guiding future decision
making
a) Promotion
b) Demotion
c) Appraisal
d) Planning
Ans: d) Planning
7. Correct sequence of management functions
a) Planning, organizing, staffing, directing, controlling
b) Planning, staffing, directing, organizing, controlling
c) Planning, organizing, staffing, controlling, directing
d) Planning, organizing, directing, staffing, controlling
Ans: a) Planning, organizing, staffing, directing, controlling
8. Agribusiness word was introduced by ______________
a. Adam Smith b.John H Davis c. Peter Drucker d. Luther Gullick
Ans: b) John H Davis
9. Any business unit which is owned and controlled by a single individual is known as a
___________
a. Partnership b. Sole trading c. Joint stock company d. Co-operative Society
Ans: b) Sole trading
10. Types of directing based on elements are .....................
a. Strategic control b. Operational control c. Both a and b d. None
Ans: c) Both a and b
11. ............. is a network of facilities and distribution options that performs the functions of
procurement of materials, transformation of these materials into intermediate and finished
products, and the distribution of these finished products to customers.
a. Value chain b. Supply chain c. Market channel d. Both a and b

Ans: b. Supply chain
12. ................. is management function concerned with hiring , motivating and maintaining
people in an organization. It focuses on people in organization.
a. Production Management b. Financial Management c. Marketing Management d. Human

Resource Management
Ans: d. Human Resource Management
13. A list of a job’s duties, responsibilities, reporting relationships, working conditions, and
supervisory responsibilities are termed as ..................
a. Job analysis b. Job description c. Job specification d. None
Ans: b. Job description
14. The procedure for determining the duties, skills and competence requirements of a job and
the kind of person who should be hired for it.
a. Job analysis b. Job description c. Job specification d. None
Ans: a. Job analysis
15. ................is the process of forecasting an organization’s future demand for, and supply of,
the right type of people in the right number.
a. Selection b. Recruitment c. Human Resource Planning d. None

Ans: c. Human Resource Planning
Fill in the blanks

16. ……………………. is the basic function of management
a. Directing b. Planning c. Staffing d. Controlling
Ans: b. Planning
17. ………………. is the process of bringing together physical, financial and human resources
and developing productive relationship amongst them for achievement of organizational
goals.
a. Directing b. Planning c. Organizing d. Controlling
Ans: c. Organizing
18. ……………………. is the function of manning the organization structure and keeping it
manned.
a. Staffing b. Planning c. Organizing d. Controlling
Ans: a. Staffing
19. ……………………. Level of management is the ultimate source of authority and it manages
goals and policies for an enterprise.
a. Supervisor b. Middle c. Top d. Subordinate
20. …………………..... management is the management of production function to produce the
right goods in right quantity at the right time and at the right cost.
a. Personnel b. Financial c. Production d. Marketing
Ans: c. Production
21. ………………………….. is a voluntary association of persons

a. Co-operatives b. Joint stock company c. Sole Traders d. Partnership
Ans: a. Co-operatives
22. …………………..... implies measurement of accomplishment against the standards and

correction of deviation if any to ensure achievement of organizational goals.
a. Co-ordination b. Controlling c. Directing d. Reporting
Ans: b. Controlling
23. The …………..structure refers to the number of tiers across the supply chain.
a. Vertical b. Horizontal c. Both a and b d. None
Ans: b.Horizontal
24. A ………….. is dynamic and involves the constant flow of information, product and funds
between different stages.
a. Value chain b. Market chain c. Supply chain d. None
Ans: c. Supply chain
25. Types of directing based on stages are.....................
a. Concurrent control b. real-time control c. Steering control d. All the above
Ans: d. All the above
26. ................are used over and over again because they focus on organizational situations
that occur repeatedly.
a. Standing Plans b. Single-use Plans c. Proactive Plans d. Reactive Plans
Ans: a. Standing Plans
27. A process structure suited for low-volume production of a great variety of non-standard
products is known as.............
a. Assembly line b. Job Shop c. Batch shop d. None
Ans: b. Job shop
28. Departmentation by territory, also known as ----------------- departmentation.

a. Product-wise b. Time-wise c. Geographic d. Customer-wise
Ans: c. Geographic
29. …………. departmentation involves the grouping together of all the activities necessary to
manufacture a product or product line.
a. Product-wise b. Time-wise c. Functional d. Territory-wise
Ans: a. Product-wise
30. If one firm assumes several functions which do not have any relationship is known
as ................ integration
a. Vertical b. Horizontal c. Conglomerate d. Both a and b
Ans: c. Conglomerate
Match the following
31. Father of Management - a) John H Davis

32. Father of Agribusiness - b) Peter Drucker
33. Levels of Management - c) Luther Gullick
34. POSDCORB - d) Procedure
35. Standing Plan - e) Brech
Ans: 31. b 32. a 33. e 34. c 35. D
36. Forward-Looking - a) Classification of grouping of activities

37. Board of directors - b) Continuous process
38. Organizing - c) Planning
39. Controlling - d) Business form
40. Joint Stock - e) Top level management
Ans: 36. c 37. e 38. a 39. b 40. d
41. Logistical Drivers - a) Information
42. Budget - b) Repetitive processing
43. Territory - c) Single-use plans
44. Assembly Line – d)Basis of Departmentation
45. Cross-functional drivers - e)Inventory
Ans: 41. e 42. c 43. d 44. b 45. A
PART – B
Observe the picture and answer the questions (46 – 49)

46. ……… is deciding in advance - what to do, when to do & how to do. It bridges the gap
from where we are & where we want to be”.
a. Planning b. Directing c. Staffing d. Controlling
Ans: a. Planning
47. ................is the process of bringing together physical, financial and human resources
and developing productive relationship amongst them for achievement of organizational
goals.
a. Planning b. Directing c. Organizing d. Controlling
Ans: c.Organizing
48. .................implies overseeing the work of subordinates by their superiors.

a.Planning b.Supervision c. Leadership d. Communication
Ans: b. Supervision
49. ............is the measurement & correction of performance activities of subordinates in

order to make sure that the enterprise objectives and plans desired to obtain them as
being accomplished.
a. Organizing b. Supervision c. Leadership d. Controlling
Ans: d. Controlling
Read the following passage and answer the questions (50 – 53)
The term “Levels of Management’ refers to a line of demarcation between various

managerial positions in an organization. The number of levels in management increases when
the size of the business and work force increases and vice versa. The level of management
determines a chain of command, the amount of authority & status enjoyed by any managerial
position. The levels of management can be classified in three broad categories: -
1. Top level
2. Middle level
3. Low level
50. ...................controls and coordinates the activities of all the departments.
a. Low level b. Middle level c. Top level d. None
Ans: c. Top level
51. Lower level is also known as ....................... level of management.

a. Operative b. Supervisory c. Top level d. Both a and b
Ans: d. Both a and b
52. In big enterprises, there may be ..........................layer of middle level management.

a. Senior and Junior b. Single c. Multiple d. Complex
Ans: a. Senior and Junior
53. Middle level management sends important reports and other important data
to ................
a. Supervisor b. Subordinate c. Top level management d. Both a and b
Transformation process
Ans: c. Top level management
Input Improvemen
Output
Design t
Transformed resources Product & Service
i.e, materials,
information & Planning
Observe the picture and answer the questions
customers (54 –&57)
Control
Transforming resources
Customer feedback & Returns
54. ................... is concerned with converting materials and labor into goods and services as
efficiently as possible to maximize the profit of an organization.
a. Operation management b. Personal management c. Human resource
management d. None
Ans: a. Operation management
55. Amount of goods that a firm is capable of producing over a specified period of time is
known as ............
a. Capability b. Capacity c. Capacity building d. Both b and c
Ans: b. Capacity
56. To specify the level of capacity (output rate) that will meet market demands in a cost-
efficient way is known as.....................
a. Capability b. Capacity requirement planning c. Capacity building d. Both
b and c
Ans: d. Both b and c
57. A ……………refers to how a factory organizes material flow using one or more of the
process technologies.
a. Product flow structure b. Process flow structure c. Customer flow structure
d. None
Ans: b. Process flow structure

HR planning Process
58. Which of the following is not a HR supply factor?

a. Existing human resources
b. Internal sources of supply
c. External sources of supply
d. External Supplier resources
Ans: d. External Supplier resources
59. ..................solicits estimates of personnel needs from a group of experts, usually
managers.
a. Delphi technique
b. Work study technique
c. Selection technique
d. None
Ans: a. Delphi technique
60. Which of the following is not an environmental factor?
a. Political
b. Geographical
c. Demographical
d. Operation
Ans: d. Operation
61. Which is the process of estimating the future quantity and quality of people required?
a. HR demand forecast
b. HR supply forecast
c. HR programming
d. HR plan implementation
Ans: a. HR demand Forecast
Supply chain management decisions can be classified into two broad categories --
strategic and operational. As the term implies, strategic decisions are made typically over a
longer time horizon. These are closely linked to the corporate strategy, and guide supply chain
policies from a design perspective. On the other hand, operational decisions are short term,
and focus on activities over a day-to-day basis.
62. Major decision areas in supply chain management are..............
a. Location
b. Production
c. Inventory
d. All the above
63. .........................is strategic in the sense that top management sets goals.
a. Inventory decisions
b. Location decision
c. Production decisions
d. Transportation decisions
Ans: a. Inventory decisions
64. …………………..are key in effective management of the firm's transport strategy.
a. Shipment sizes
b. Routing
c. Scheduling of equipment
d. All the above
65. ……………..decisions include the construction of the master production schedules,
scheduling production on machines, and equipment maintenance.
a. Location
b. Production
c. Financial
d. Inventory
Ans: b. Production
Control as an element of management process involves analyzing whether actions

are being taken as planned and taking corrective actions to make these to conform to
planning. Control may be of different types and these can be classified on the basis of elements to
be controlled and stage at which control can be exercised in controlling the work outcome.
66. Which of the following is not a Controlling technique?
a. Establishment of control standards
b. Measurement of performance
c. Correction of deviations from standards
d. Future course of action
Ans: d. Future course of action
67. ...................is the last step in the control process requires that actions should be taken to
maintain the desired degree of control in the system or operation.
a. Measurement of Performance
b. Correction of Deviations
c. Establishment of Control Standards
d. Comparing Actual and Standard Performance
Ans: b. Correction of Deviations
68. Based on elements to be controlled, control can be....................
a. Strategic control
b. Operational control
c. Feedback control
d. Both a and b
69. ................control involves evaluation of inputs taking corrective action before a particular
sequence of operation is completed.
a. Strategic control
b. Concurrent control
c. Feedback control
d. Operational control
Ans: c. Feedback
Direction represents one of the essential functions of management because it deals

with human relations. Direction is the managerial function of guiding, motivating, leading, and
supervising the subordinates to accomplish desired object. It is a connecting and activating
link between various functi ons of management.
70. Which of the following is not a element of direction?
a. Communication
b. Motivation
c. Planner
d. Leadership.
Ans: c. Planner
71. The first important component of direction is...................
a. Supervision
b. Motivation
c. Communication
d. Leadership.
Ans: a. Supervision
72. ........................roles of a supervisor are in the form of a technician, analyzer or researcher,
and controller.
a. Scientific management
b. Human relation
c. Functional
d. None
Ans: a. Scientific management
73. A good direction involves the following elements..............
a. Good instructions
b. Follow-up of instructions
c. Explanations
d. All the above

74. .....................is owned by the members of the family who have inherited their ancestral
property.
a. Partnership
b. Joint Stock Company
c. Joint Hindu family
d. Sole traders
Ans: c. Joint Hindu family
75. .................is a company carrying on business in two or more countries.
a. Multinational Companies
b. Joint Stock company
c. Private company
d. Co-operative Society
Ans: a. Multinational Companies
76. ...............................is the example of Departmental Undertakings.
a. Reserve Bank of India
b. B.S.N.L.,(Telephones)
c. Life Insurance Corporation
d. Unit Trust of India
Ans: b. B.S.N.L., (Telephones)
77. ...............is the example of Board Organisation.
a. Hindustan Steel Limited
b. Bharath Heavy Electricals Limited
c. Tamil Nadu Electricity Board
d. None
Ans: c. Tamil Nadu Electricity Board
Planning means looking ahead and chalking out the future courses of action to be
followed. It is a preparatory step. It is a systematic activity which determines when, how and
who is going to perform a specific job. Planning is a detailed programme regarding future
courses of action. It is rightly said “Well plan is half done”.
78. Formal planning is a ………………
a. Structured plan
b. Unstructured plan
c. Non-proper direction
d. Both a and c
Ans: a. Structured plan
79. Planning is an……………………..
a. Continuous Process
b. Intellectual Process
c. End Process
d. Both a and b
80. ……………….. Planning that is made to ensure smooth working of the organisation taking
into account the needs of each and every department.
a. Formal
b. Informal
c. Functional
d. Corporate
Ans: c. Functional
81. …………….is a single use plan to carry out a special project within an organization.
a. Budgets
b. Procedure
c. Rules
d. Program
Ans: d. Program
82. A systematic approach to collect information about a job such as tasks, responsibilities
and the skills required to perform those tasks is known as…………….
a. Job Specification
b. Job Description
c. Job Analysis
d. Job Opportunities
Ans: c. Job Analysis
83. A list of job duties, responsibilities, reporting relationships, working conditions, and
supervisory responsibilities are comes under…………..
a. Job Specification
b. Job Description
c. Job Analysis
d. Job Opportunities
Ans: b. Job Description
84. Who is involved in the job analysis?
a. Management
b. Supervisors
c. Job analysts
d. All the above
85. Which one the following is not a method of Job analysis?

a. Observation
b. Interview
c. Responsibilities
d. Questionnaires
Ans: c. Responsibilities
ARM 301 Agribusiness Management and Entrepreneurship (1+1)
1. John H. Davis of Harvard University first used the term agribusiness in the year
a) 1957 b) 1965 c) 1975 d) 1985
Ans: 1957
2. An art of getting things done by others efforts.
a) Management
b) Finance
c) Marketing
d) Production
Ans: Management
3. Who is the father of management?
a) Peter Drucker
b) Schumpeter
c) Will smith
d) Maslow
Ans: Peter Drucker
4. A process of identifying and grouping the work to be performed, defining, delegating
responsibility
a) Organization
b) Team building
c) Focus group
d) Financing
Ans: Organization
5. Managerial activity which is concerned with planning and controlling of the firm’s
financial resources
a) Financial management
b) Operation management
c) Inventory management
d) Logistics management
Ans: Financial management
6. A stocking and holding of materials for the purpose of future use
a) Transportation
b) Inventory
c) Planning
d) Organizing
Ans: Inventory
7. The activity that establish a course of action for guiding future decision making
a) Planning
b) Promotion
c) Demotion
d) Appraisal
Ans: Planning
8. Encompass the companies and the business activities needed to design, make, deliver,
and use a product or service
a) Value chain
b) Supply Chain
c) Marketing channel
d) Logistics
Ans: Supply Chain
9. Involves analyzing whether actions are being taken as planned and taking corrective
actions to make these to conform to planning
a). Directing
b). Controlling
c). Planning
d). Motivation
Ans: Controlling
10. It deals with the supply of inputs required by the farmers for raising crops, livestock and
other allied enterprises.
a). Manufacturing sector
b). Farm sector
c). Input sector
d). Industrial sector
Ans: Input sector
11. It is refers to the geographical setting of supply chain facilities.
a). Location
b). Information
c). Inventory
d). Production
Ans: Location
12. Top level management consist of
a). Supervisor
b). Manager
c). Accountant
d). Managing Director
Ans: Managing Director
13. This management skills used to analyze complex situations
a). Political
b). Diagnostic
c). Conceptual
d). interpersonal
Ans: Conceptual
14. It means moving to action and supplying simulative power to a group of persons
a). Staffing
b). Organizing
c). Planning
d).Directing
Ans: Directing
15. A process by which a person (Sender) transmits information or message to other person
(Receiver)
a). Communication
b). Marketing channel
c). Supervision
d).Organizing
Ans: Communication
Fill in the blanks

1. …………………. is the sum total of all operations involved in the manufacture and
distribution of farm supplies, production activities on the farm, storage, processing and
distribution of farm commodities and items made from them”
a. Supply chain b. Agribusiness c. Marketing d. Procurement
Ans: Agribusiness
2. Expands for POSDCORB …………………….
a. Planning, Organizing, Staffing, Directing, Co- ordination, Reporting, Budgeting
b. Planning, Organizing, Staffing, Development, Co- ordination, Reporting, Budgeting
c. Planning, Organizing, Staffing, Directing, Controlling, Reporting, Budgeting
d. Production, Organizing, Staffing, Directing, Co- ordination, Reporting, Budgeting
Ans: Planning, Organizing, Staffing, Directing, Co- ordination, Reporting,
Budgeting
3. ……………………. is the basic function of management

a. Planning, b. Organizing c. Staffing d. Directing
Ans: Planning
4. ……………………. is the process of bringing together physical, financial and human
resources and developing productive relationship amongst them for achievement of
organizational goals.
Ans: Organizing
5. ……………………. is the function of manning the organization structure and keeping it
manned. (Staffing)
Ans: Staffing
6. ……………………. is that part of managerial function which actuates the

organizational methods to work efficiently for achievement of organizational purposes.
Ans: Directing
7. …………………..... implies measurement of accomplishment against the standards and
correction of deviation if any to ensure achievement of organizational goals.
a. Planning, b. Controlling c. Staffing d. Directing
Ans: Controlling
8. ……………………. Level of management is the ultimate source of authority and it
manages goals and policies for an enterprise. (Top)
a. Top b. middle c. both a & b d. lower
Ans: Top
9. …………………..... management is the management of production function to produce
the right goods in right quantity at the right time and at the right cost.
a. Production
b. Marketing
c. Finance
d. HRM
Ans: Production
10. …………………… is the segment of management which deals with valuable use and
control of manpower.
a. Production Management
b. Marketing Management
c. Finance Management
d. Personal Management
Ans: Personal Management
11. Establishing objectives is one of the steps in …………….
Ans: Planning
12. ……………. is the systematic effort to delegate to the lowest levels.
a. Centralization b. Decentralization c. Delegation d. Directing
Ans: Decentralization
13. …………………… of industrial operations involves for considerations, namely, what
work shall be done, how the work shall be done and lastly, when the work shall be done.
a. Production control b. Production Scheduling
c. Production planning d. JIT
Ans: Production planning
14. …………………… is a process that identifies current and future human resources needs
for an organization to achieve its goals
a. Selection b. Recruitment c. HRP d. Directing
Ans: HRP
15. ……………… is computerized integration process that utilizes production and inventory
information to schedule each phase of the production process.
a. Master b. Materials requirement planning
c. Aggregate d. Manufacturing resources planning
Ans: Materials requirement planning
Match the following

1. Father of Management - Frederick. W. Taylor 3
2. Father of Agribusiness - Peter Drucker 1
3. Father of scientific management - Management function 4
4. POSDCORB - John H Davis 2
5. Father of principles of management - Henry fayol 5
a. II, IV, I, III, V
b. I, IV, II, III, V
c. II, V, I, III, IV
d. I, V, II, IV, III
Ans: II, IV, I, III, V
1. Forward-Looking - Written document 7

2. Job description - Planning 6
3. Delegation - Top level management 9
4. Board of directors - deputation 8
5. Concentration of authority - centralization 10
b. I, IV, II, III, V
c. II, I, IV, III, V
Ans: II, I, IV, III, V
1. Dispersion of authority - decentralization 11

2. Organizing - To put right man on right job 13
3. Staffing - Process of grouping activities 12
4. Motivating sub-ordinate - Measurement of actual performance 15
5. Controlling step - Directing element 14
b. I, III, II, V, IV
c. II, I, IV, III, V
Ans: I, III, II, V, IV
Part - B
Short Notes 2 Marks

The following questions are related to human resource planning process
1. The process of estimating the future quantity and quality of people required
a. Policies b. HR Programming c. Evaluation d. HR Demand Forecast
Ans: HR Demand Forecast
2. ……………….. After personal demand and supply are forecast the vacancies should be
filled at right time with right employees
a. Control and Evaluation b. HR Programming
c. HRP Implementation d. HR Demand Forecast
Ans: HR Programming
3. Process of Recruitment and Selection is
a. HRP Implementation b. HR Programming
c. Evaluation d. Control and Evaluation
Ans: HRP Implementation
4. ……………….. should report employment costs against budget and trends in wastage
and employment ratios
a. Policies b. Control and Evaluation c. Evaluation d. HR Demand Forecast
Ans: Control and Evaluation

Classified management levels into three categories. The top management is the ultimate
source of authority and it manages goals and policies for an enterprise. Middle management
stands between top management and supervisory management level. Lower level management is
above the operatives and below the middle management in an organization.
1. The top level consist of ……………

a. Financial Manager b. CEO c. Supervisor d. Labour
Ans: b. CEO
2. The middle level consist of ……………
a. Chairman b. CEO c. Supervisor d. Marketing Manager
Ans: d. Marketing Manager
3. Which one of the following is a main role of top level management
a. Plan Implementation b. Work done
c. Policy making d. Supervision
Ans: Policy making
4. Which one of the following is a main role of middle level management
a. Directing b. Executing the plans c. Supervision d. Guiding

Ans: Executive the plans

The teacher explained to the students about Delegation (also called deputation) is the
assignment of authority and responsibility to another person to carry out specific activities.
Centralization is the opposite action. Authority and responsibility are tightly held by upper levels
of the organization and are not delegated. In centralization little delegation of authority is the
rule; power and discretion are concentrated at the top levels. Decentralization is the systematic
effort to delegate to the lowest levels.
1. Delegation is also known as
a. Levels of Management b. Deputation
c. Concentration of authority d. Dispersion of authority
Ans: b. Deputation
2. Centralization is refers to
a. Executive the plans b. Deputation
Ans: c. Concentration of authority
3. In Decentralization authority is located at
a. Top level b. Middle c. Both top and middle d. Lower level
Ans: c. Lower level
4. Decentralization is refers to
a. Executive the plans b. Deputation
Ans: d. Dispersion of authority
Teacher explained to students about HRM is concerned with getting better results with
the collaboration of people. It is an integral but distinctive part of management, concerned with
people at work and their relationships within the enterprise. Job analysis Collecting, analyzing
and recording information about jobs. Job Description is a written description of a job. Job
specification a written statement of the necessary qualifications of the employee.
1. ………………… helps in attaining maximum individual development, desirable working
relationship between employees and employers
a. Financial Management b. Production Management
c. Marketing Management d. Human Resource Management
Ans: Human Resource Management
2. ………………… to determine the duties and responsibilities of the job.
a.Job Description b. Job Specification
c. Job Analysis d. Human Resource Management
Ans: Job Analysis
3. Which one of the following is a Job Specification
a. Job title b. Experience

c. Place of work d. Working condition
Ans: Experience
4. Which one of the following is a Job Description
a. Decision making b. Job title

c. Judgment d. Training
Ans: Job title

Organizing is a process of coordinating task goals and activities to resources. Staffing is
the function of employee recruitment, screening and selection performed within an organization
or business to fill job openings. Staff selection is defined as the process of choosing the best one
from among the number of candidates. HRP is the process of forecasting an organization's
future demand for, and supply of, the right type of people in the right number.
16. Manpower planning is otherwise called as
a. Personal planning b. Directing c. Job description d. Job analysis
Ans: Personal planning
17. To put right man on right job
a. Directing b. Staffing c. Controlling d. Planning
Ans: Staffing
18. The process of choosing for right person for right job
a. Selection b. Recruitment c. Controlling d. Planning
Ans: Selection
19. …………………… is a process that identifies current and future human resources needs
for an organization to achieve its goals
a. Selection b. Recruitment c. HRP d. Directing
Ans: HRP
Teacher discuss with students about directing meaning, definition and elements of
directing, directing means moving to action and supplying simulative power to a group of
person. Elements of Directing: Motivation, Communication, Supervision, Leadership.
1. A process in which the managers instruct, guide and oversee the performance of the
workers to achieve predetermined goals.
a. Organizing b. Staffing c. Planning d. Directing
Ans: Directing
2. The process of stimulating people to actions to accomplish the goals
a. Organizing b. Supervision c. Motivation d. Leadership
Ans: Motivation
3. A process by which a person transmits information or message to other person
a. Motivation b. Communication c. Leadership d. Supervision
Ans: Communication
4. …………………….. refers to day to day relationship between manager / Superior and
his Subordinate.
5. a. Motivation b. Communication c. Leadership d. Supervision
Ans: Supervision
Production is most important activity of an enterprise. It occupies significant place in an
organization because other functional areas of management viz., financing, marketing, personnel
revolve around it. Production planning is the technique of forecasting or picturing ahead every
step in a long series of separate operations, each step to be taken in the right place of the right
degree and at the right time and each operation to be done at maximum efficiency. Scheduling of
production determines the time at which the operations is to take place.
1. Production Management is otherwise called as
a. Marketing management b. HRM
c. Production management d. Procurement
Ans: Production management
2. …………………… of industrial operations involves for considerations, namely, what
work shall be done, how the work shall be done and lastly, when the work shall be done.
a. Production control b. Production Scheduling
c. Production planning d. JIT
Ans: Production planning
3. Which one of the following is a scheduling
a. Routing b. 2. Loading c. Master d. 4. Dispatching

Ans: Master
4. ……………… is computerized integration process that utilizes production and inventory
information to schedule each phase of the production process.
a. Master b. Materials requirement planning
c. Aggregate d. Manufacturing resources planning
Ans: Materials requirement planning
The following questions related to Supply chain Management
1. ………………….. entails moving inventory from point to point in the supply chain
Production b. Location c. Information d. Inventory
Ans: Transportation
2. ………………….. driver can be made very responsive by building factories that have a
lot of excess capacity and use flexible manufacturing techniques to produce a wide range
of items
a. Production b. Location c. Information d. Inventory
Ans: Production
3. ………………….. serves as the connection between various stages of a supply chain,
allowing them to coordinate & maximize total supply chain profitability.
a. Production b. Location c. Information d. Inventory
Ans: Information
4. …………………. is nothing but the funds flow from the consumers to the manufacturer,
from manufacturer to supplier.
a. Production flow b. Money flow c. Transport d. Information
Ans: Money flow
A teacher was explained to students about managerial roles (Mintzbergs). The students
should answer the following questions
1. Which one of the following is an interpersonal managerial role
a. Disturbance Handler b. Figurehead c. Entrepreneur d. Disseminator
Ans: Figurehead
2. Which one of the following is a decisional managerial role
a. Monitor b. Liaison c. Spokesperson d. Resource Allocator
Ans: Resource Allocator
3. ………………… is where you communicate potentially useful information to your
colleagues and your team
a. Spokesperson b. Monitor c. Disseminator d. Disturbance Handler
Ans: Disseminator
4. Which one of the following is an informational managerial role
a. Monitor b. Leader c. Entrepreneur d. Disturbance Handler
Ans: Monitor
Control as an element of management process involves analyzing whether actions are
being taken as planned and taking corrective actions to make these to conform to planning. The
steps in controlling may broadly be classified into four parts: Establishment of control standards,
Measurement of performance, Comparison between performance and standards and the
communication, Correction of deviations from standards. The following questions are related to
controlling.
1. ………………………. control is concerned with action or performance and is aimed at
evaluating the performance of the organization as a whole or its different components
such as strategic business units, divisions, and departments.
a. Operational b. Strategic
c. Feedback control d. Concurrent or real-time
Ans: Strategic
2. Involves analyzing whether actions are being taken as planned and taking corrective
actions to make these to conform to planning
a. Planning b. Controlling
c. Measurement of performance d. Comparison
Ans: Controlling
3. ……………. involves evaluation of inputs taking corrective action before a particular
sequence of operation is completed.
a. Operational b. Feed forward Control
Ans: Feed forward Control
4. …………… is exercised during the operation of a programme.
a. Operational b. Feed forward Control
Part A
I. Choose the best answer.
1.The concept of Agni-business was born in Harvard University in the year
a. 1947 b. 1957
c. 1967 d. 2006
Ans: b
2.Agro based industries are mainly established in rural areas because
a. Availability of raw material b. Availability of labour
c. Absence of pollution in environment d. Low tariff on electricity
Ans: a
3.In a business firm,the manager expected o have a fixed cost/unit as Rs.300 and variable
cost/unit as Rs.450.He decided to have a mark up of 15% on sale/unit.But due to fall in price of
the product in the market(may be due to low demand),he helped for improved production
strategies in the firm.The strategies he implemented will represent__________ function of
management.
a. Directing the business activities b. Motivating the staff
c. Organization of the business activities d. Controlling the business activities
Ans: d
4.The planning process which represents what actually is done in the organization
a. Policy b. Procedure
c. Practice d. Motivation
Ans: c
5.Which of the following are inter-related?
a. Planning and Control b. Organization and Direction
c. Organization and Staffing d. Control and Direction
Ans: c
6.Orders are _________ in an organization
a. Unidirectional b. Bidirectional
c. Multidirectional d. None
Ans: a
7. Six sigma is the philosophy of which country
a. USA b. China c. Japan d. Korea
Ans:c
8.The process of dividing total workload into tasks for easy and logical work for performance
a.Decentralisation b. Division of labour
c. Centralization d. organizational hierarchy
Ans: b
9. When authority and accountability have been passed down to lower level, it is called as
a. Centralization b. Division of labour
c. Decentralization d. Departmentation
Ans: c
10. Motivational job design is stated by
a. Henry Foyal b. J Richard Hackman c. Simon d. Maslow
Ans: b
11.Most operational information flows
a. Diagonally b. Vertically c. Horizontally d. Circularly
Ans: c
12.Decision support system is used by
a. Lower level manager
b. Middle level manager
c. Higher level manager
d. All of them
Ans: b
13.Supply chain includes
a. Wholesalers, retailer, transporters
b. Manufacturers, wholesalers, retailers, warehouses
c. Suppliers, manufacturers, wholesalers and retailers
d. All of the above
Ans:d
14. Primary purpose of any supply chain is

a. To satisfy the customers need
b. To maximize the profit
c. To minimize the overall cost
d. To create the link between the intermediaries
Ans: a
15. Job analysis can be done using
a. Flow process chart
b. Worker-machine chart
c. Both of the above
d. None of the above
Ans: c
II. Fill in the blanks.

1. The group of employees and tasks is generally referred to as ………
c. Departmentation d. Centralization
Ans: c
2. The organizational structure that specifies who reports to whom in the organization is
…………
a. Organizational climate
b. Organizational culture
c. Organizational hierarchy
d. Organizational platform
Ans: c
3. …………… focuses upstream on integrating supplier & producer processes, improving
efficiency & reducing waste
a.Supply chainb. Value chain
c. Demand chain d. Product chain
Ans: a
4. Supply chain mapping is the study of ………..
a. Logistics network
b. Activities sequence
c. Value and non value added activities
d. All of the above
Ans: c
5. A system with feedback and control components is sometimes called as ……….
a. Balancing system b. Active system
c. Cybernetic system d. Interconnected system
Ans: c
6. The process of forward thinking about a course of acion based on understanding of all the
related factors is known as ……….
a. Management b. Planning
c. Direction d. Human Cognition
Ans: b
7.Planning necessitates faithfulness to ……..
a.Achievement b. Objectives
c. Outcomes d. Returns
Ans: b
8.A good plan must be ………
a. Rigid b. Flexible
c. Rapid d. All
Ans: b
9.Supply chain activities at operational level does not include ……
a. Taking customer order
b. Movement of goods from warehouse to point of consumption
c. Creating a purchasing plan with the preferred supplier
d. Maintenance of inventory record
Ans: c
10. A single use plan that covers a larger set of activities is called as ……..
a. Project b. Programme c. Policies d. Procedure
Ans: b
11. The term supply chain management was coined by ……..
a.Peter drucker b. Keith oliver
c.Raphael kaplinsky d. Michael porter
Ans:b
12. ………… is the source of revenue in the supply chain
a. Wholesaler b. Retailer c. Customer d. All the above
Ans: b
13. Quality, supply chains, inventory and capacity are strategic decisions generally made by
……….
a.Marketing b. Human resources
c. Project managers d. Operations
Ans: d
14. Efficiency, in capacity terms, is the ratio of………..
a. Actual output to effective capacity
b. Effective capacity to actual output
c. Design capacity to effective capacity
d. Design capacity to actual capacity
Ans: a
15.Difference between supply chain and value chain is ………..
a. Shift in focus from supply base to the customers
b. Shift in focus from one supplier to other
c. Shift in focus from one customer to other
d. No shift in focus, both have same focus, i.e., the suppliers
Ans: a
III. Match the following.
1. a. Management - i) A systematized body of knowledge pertaining to a
specific field of enquiry.
b. Administration - ii) The application of knowledge and personal skills to
achieve results.
c. Science - iii) The overall determination of policies, the
setting of major objectives and the laying
out of broad programmes
d. Art - iv) Is the process of planning, organizing, staffing,
directing and controlling to accomplish
organizational objectives
through the
co-ordinate use of human and material resources.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a-(iv), b-(iii), c- (i), d- (ii)
c) a-(iv), b-(i), c-(i), d-(iii) d) a- (iii),b-(iv),c-(i),d-(ii)
Ans :b
2. a.Organizing - i) Based on information about performance and

taking corrective steps.
b.Leading - ii) Managers act as liaisons, establish relationships
between people and work and arrive at decisions
regarding the utilization ofresources.
c.Staffing - iii) Managers use their authority and power to meet
organizationalobjectives.
d.Controlling - iv) Involves hiring, training, evaluating performance as
well as negotiating with labour unions.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a -(iii), b-(iv), c-(i), d-(ii)
Ans :a
3. a.Internal coordination - i) The voluntary effort of individuals to work
together and to help each other.
b.Vertical coordination - ii) Coordination between an organization and its
external environment.
c.Cooperation - iii) coordination between different departments and
persons within an organization.
d.External coordination - iv) integration of effort between superiors and
subordinatesworking at different levels in an
organization.
c) a -(iii), b-(iv), c-(i), d-(ii) d) a- (iii),b-(iv),c-(i),d-(ii)
Ans :c
4. a.Budget - i) A kind of a time table of a work.

b.Method - ii) help managers deal with routine problems in a
predeterminedand consistent manner.
c.Schedule - iii) is a numerised programme designed to allocate
resources of a firm.
d.Standard plans - iv) shows the one best way of doing things.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a -(ii), b-(iv), c-(i), d-(iii)
Ans : d
5. a.Feed forward control - i) The process of gathering information about a
completed activity.
b.Feedback control - ii) It is also known as real time control.
c.Concurrent control - iii) Making something happen the way it was
planned.
d.Control - iv) Control that prevents anticipated problems.
c) a-(iv), b-(i), c-(i), d-(iii) d) a- (i),b-(iv),c-(iii),d-(ii)
Ans : c
6. a.Departmentation by function - i)Local consumer
b.Departmentation by product - ii)Finance
c.Departmentation by customer -iii)South india
d.Departmentation by territory -iv)Agricultural inputs
c) a-(ii), b-(iv), c-(i), d-(iii) d) a- (i),b-(iv),c-(iii),d-(ii)
Ans : c
7. a.Liaison role – i) Deals with strikes, shortage of materials
b.Disseminator role – ii) Connecting link between organization and others
c.Leadership – iii) Distribute important information to subordinates
d.Disturbance handler role – iv) Deals with hiring, motivating the employees.
Ans : a
8. a.Supply chain management – i) the way in which goods are move from
producer toconsumers
b.Marketing channel – ii) Deals with sourcing of raw materials,
manufacturing, delivery of goods.
c.Reverse supply chain – iii) Effect of taxes in design and implementation
of supply chain.
d.Tax efficient supply chain – iv) Deals with managing of return of goods.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a-(ii), b-(i), c-(iv), d-(iii)
Ans : b
9. Supply chain drivers Activity

a.Production – i) How and when to move the product.
b.Information – ii) What and when to produce.
c.Transportation – iii) How much to produce, how much to stock
d.Inventory – iv) Basis for making decisions
Ans:c
10. Features Functions of Management
a. Grouping of activities - i) Organization
b. Action oriented statement - ii) Control
c. Working together - iii) Planning
d. Process of influencing performance - iv) Coordination
a) a-(i), b-(iii), c-(iv), d-(ii) b) a-(ii), b-(i), c-(iv), d-(iii)
Ans: a
11. Principles Of Direction Functions

a.Harmony of objectives – i) Two way process.
b.Managerial communication – ii) Constant and continous supervision.
c.Motivation techniques – iii) Sense of belonging.
d.Follow up – iv) Job promotion.
a) a-(i), b-(iii), c-(iv), d-(ii) b) a-(iii), b-(i), c-(iv), d-(ii)
Ans : b
12. Type of Agri business industries Example
a.Agricultural Produce Processing Units -i)Coromandel fertilizers
b.Agricultural Produce Manufacturing Units -ii)Groundnut decorticating units
c.Agro-input Manufacturing Units -iii)Repairs of irrigation pumpsets
d.Agro-service Centers - iv)Gur and Khandsari units
Ans: c
13. a.Job analysis – (i) prepared on the basis of Job Description

b.Job description – (ii) management of people
c.HRM – (iii) procedures to identify the content of a job
d.Specification – (iv) a document that describes the general tasks, or
functions, and responsibilities of a position
c) a-(ii), b-(iv), c-(i), d-(iii) d) a- (iii), b-(iv), c-(ii), d-(i)
Ans: d
14. a.Planning – i)The organization merely reacts to events as and when

theyarise.
b.Reactive planning – ii) Anticipating future contingencies and getting ready with
alternative paths for unforeseen circumstances.
c.Proactive planning – iii) The process of identifying the specific procedures
andprocesses required at lower levels of an
organization.
d.Operational planning– iv) Deciding in advance what to do, how to do it,
when to do it and who is to do it.
a) a-(iv), b-(i), c-(ii), d-(iii) b) a-(iii), b-(i), c-(iv), d-(ii)
Ans: a
15. Product Example

a.Unsought good -(i) News paper
b.Impulse good - (ii) Swetter
c.Staple good - (iii) Vaccum cleaner
d.Emergency good - (iv) Magazines
c) a- (iii),b-(iv),c-(i),d-(ii) d) a- (iii), b-(iv), c-(ii), d-(i)
Ans: c
Part B
Two mark questions.
1.The manager has the major functions namely planning, organizing, staffing, leading and
controlling. These functions performed by him with in limits established by the external
environment.
i.Planning refers to:
a)Making decision about future b)Arrangement of resources
c)Recruiting suitable persons d)Stimulating people to be high performers
Ans:a
ii.Organizing refers to
Ans:b
iii. Staffing means
Ans:c
iv.Leading and influencing means
Ans:d
2.According to Mintzberg,managers must play many roles such as interpersonal role,

informational role,disseminator roles in an organization
i.Interpersonal roles deals with
a)Human relationship b)Computer data
c)Decisional making d)Organizational setup
Ans:a
ii.Decisional role deals with
a)Organizational setup b)Resource allocation
b)Hierarchy d)Computer data
Ans:b
iii.A manger as a disturbance handler, he deals with
c)Strike d)Organizational setup
Ans:c
iv.Informational role related to
a)Consumers taste b)Supply availability
c)Demand forecasting
d)All the above
Ans:d
3.The Level of managementrefers to a line of demarcation between various managerial

positions.These are top level, middle level, lower level management. The differences among
managerial functions arise because of existence of various management levels.
i.Top level management deals with
a)Deciding goals,polices b)Consumers taste
c)Processing of goods
d)All the above
Ans:a
ii.Middle level manager deals with
c)Coordinate the activities of front line managers
d)Job promotion
Ans:c
iii.Front line manager deals with
a)Supervision of operating employees b)Consumers taste
c)Deciding goals,polices d)All the above
Ans:a
iv.Technical skills are essential for
a)Top level managers b) Lower level managers
c)CEO of an organization d)All the above
Ans:b
4.Robert L.Katz has identified three basic types of skills technical,human and conceptual skills-
which are needed for all managers
i.Technical skill refers to
a)Ability to use tools,procedures b)human skills
c)Motivational skills d)conceptual skills
Ans:a
ii.Human skills refers to
a)Technical skills b)Ability to work with and throughother
people
c)Ability to use procedures
d)All the above
Ans:b
iii.Conceptual skills refers to
a)Ability of coordinate the interest & activities b)Ability to work
c)Ability to use procedures d)Ability of a person
Ans:a
iv.Ability to motivate, facilitate the employee is____________
a)Human skills b)Technical skills
c)Conceptual skills d)Management
Ans:a
5.Departmentation means dividing large and complex organization into smaller, flexible
administrative units . It is essential for specialization, expansion, Autonomy, Management,
Development. There are several ways in which an organization may divide the work.
i.Finance, Production,Sales dealt by
a)Departmentation by function b)Departmentation my territory
c)Departmentation by time d)Departmentation by products
Ans:a
ii.The large companies used to deal there products to different region of a country is
a)Departmentation by function b)Departmentation by territory
c)Departmentation by time d)Departmentation by products
Ans:b
iii.Departmentation by marketing channel refers to
a)The way of movement of goods
b)b)The production process
c)The processing of goods d)The quality control of goods
Ans:a
iv.The organization that work round –the –clock is known as

a)Departmentation by time b)Department by products
c)Departmentation by function d)Department by territory
Ans:a
6.Direction is telling people what to do and seeing what they are actually doing to the best of
their ability.There are some principles in direction, which leads to the effective function of an
organization.
i.Principles of harmony of objectives deals with
a)Sense of belonging b)Sense of private
c)Sense of individual d)Sense of normality
Ans:a
ii.Order received from the single authority is
a)Principle of unity of command b)Principle of managerial communication
c)Principle of motivation d)Principle of direct supervision
Ans:a
iii.Passing of instruction and feedback dealt by
a) Principle of unity of command b)Principle of managerial communication
Ans:b
iv.Job promotion, salary increment dealt by
Ans:c
7.Coordination is the process of integrating the objective & actives of separate units of
organization . On the basis of scope and flow, the coordination is classified as vertical &
horizontal coordination.
i.Coordination between the different units of an organization is known as
a)Internal coordination b)External coordination
c)Vertical coordination d)Horizontal coordination
Ans:a
ii.Coordination between the organization and customer is known as
Ans:b
iii.Coordination between different levels of organization is
Ans:c
iv.Coordination between the same level of an organization is
Ans:d
8.In an organization,Scheduling is arranging, controlling,optimizing the work in a timely
manner. It is used in manufacturing and engineering in order to minimize the production
time,cost and increase the efficiency. It is classified as production scheduling, forward
scheduling and backward scheduling.
i.The task of planning from the date resources become available to determine the shipping date
is___________
a)Forward scheduling b)Backward scheduling
c)Production scheduling d)Schedule for processing
Ans:a
ii.The task from the due date to determine the start date is
Ans:b
iii.If the customer wants 1000 kg of paddy in the month of April. so the producer sowing the
seeds in January is an example for
Ans:b
iv.The producer sowing paddy seeds in the year end and planned to sale in the month of April
and doing the operations accordingly. It is an example for
Ans:a
9.Supply chain capabilities are guided by the decision of the supply chain drivers. Each of these
drivers can be developed and managed to emphasize the responsiveness or efficiency depending
on changing business requirement
i.Production driver deals with
a)What andwhen to produce b)How much to make & stock
c)How and when to move the product d)Basis for decision making
Ans:a
ii.Inventory driver deals with
a)What and when to produce b)How much to make & stock
Ans:b
iii.Transportation driver deals with

Ans:c
iv.Information driver deals with
c)How and when to move the product d)Basis of decisions for other divers
Ans:d
10.Supply chain is a management of flows.There are five major flows in any supply chain
namely product flow, financial flow, informational flow, value flow and risk flow.
i.The movement of goods dealt by
a)Financial flow b)The product flow
c)Information flow d)The flow of risk
Ans:b
ii.Cost on investment dealt by
Ans:a
iii.Details about the production,sales, consumers preference dealt by
Ans:c
iv.The various uncertain elements broadly covered under supply, demand, production are dealt
by
b)Information flow d)The flow of risk
Ans:d
RVS PADMAVATHY COLLEGE OF HORTICULTURE
Sempatti, Dindigul District
III B.SC. (Hort.) V Semester 2015 Batch
Mid-Semester Examination
Course: ARM 301 Agri-Business Management and Entrepreneurship (1+1)
Part A
Fill in the Blanks with correct answer
1. The number of levels in management ________________ when the size of the business
and work force increases and vice versa (Increases/Decreases/Infinite/Constant).
2. _________________ are those which are rendering key activities, i.e activities essential
for the fulfillment of goals (Key department/Production Department/Finance
Department/Marketing Department).
3. The first step in organising is to know the _______________ of the enterprise

(objectives/Plan/Organization set up/Departments).
4. Organization is a deliberately and consciously created __________________ (human

group/Plan/Objective/Departments).
5. ____________________ is the framework through which managers operate

(Organisation/Plan/Department/Objective)
6. ______________________ refers to the process of setting goals for the employees so that
they know what they are supposed to do at the workplace (Management by
Objective/Planning/Staffing/Organizing).
7. _________________________ is the first step in the management process

(Planning/Organizing/Staffing/Monitoring).
8. Well-defined_______________ are essential for effective planning (goals/Plans/Human

groups/Organization).
9. Any business unit which is owned and controlled by a single individual is known as a
_____________________ (sole proprietorship/Private company/Limited company/Joint
Stock Company)
10. _____________________ is the function of manning the organization structure and

keeping it manned (Staffing/Planning/Monitoring/Evaluation).
11. The process of passing information, experience, opinion, etc., from one person to another
is called as __________________ (Promotion/Recruitment/Organizing/Communication)
12. _____________________ level management helps to solve the grievances of the workers
(Low/Top/Middle/Upper middle).
13. First advanced agri-business management seminar was held at ______________ in 1969
(Phillippines/Washington/Osakka/Cairo)
14. Agri-business is ________________ oriented (Market/Production/Processing/Export)
15. Getting things done through others is called ____________________

(Management/Business/Marketing/Production)
1. It is sum total of all operations or activities involved in the business of production and
marketing of farm supplies and farm products for achieving the targeted objectives.
a. Agribusiness
b. Agricultural Marketing
c. Farm Management
d. Management
2. It deals with agro-based industries providing seeds, fertilizers, feed, chemicals etc., The
industries supplying machinery or equipment, implements and petroleum etc are also
important in this regard.
a. Farm input sector
b. Farm product sector
c. Agriculture sector
d. Service sector
3. Agri-business is always oriented to

a. Marketing aspects
b. Production aspects
c. Value addition
d. Processing
4. Management in brief is the efficient use of men, material and resources towards
achieving specific
a. Objectives
b. Vision of the company
c. Mission of the company
d. Strategy
5. A person, who provides the organization with leadership and who acts as a catalyst for
change.
a. Manager
b. Managing Director
c. Chairman
d. Supervisor
6. Management uses these resources in such a manner which results in best combination.
a. Human and financial
b. Physical, human and financial
c. Physical and financial
d. Capital resources
7. Management enables the organization to survive in changing environment by

a. Adapting to change in demand of the market
b. Adapting to change in needs of the society
c. Adapting to change in demand in the market and needs of the society
d. Adapting to change in demand in the market and needs of the individuals in the
society
8. Planning is an intellectual activity and it helps in avoiding

a. Confusion
b. Policy
c. Control
d. Practice
9. Marketing management is responsible for

a. Sales
b. Processing and Value addition
c. Sales management and Market Research
d. Transportation and Sales
10. It tends to be somewhat permanent with a provision of incorporating changes whenever

required.
a. Organization as a structure
b. Organization as an entity
c. Strategic business plans
d. Government policies
11. Once a plan has been implemented, it has to be
a. Revised
b. Reviewed
c. Recommended
d. Justified
12. Plans should be _______________ to all persons concerned in the organization

a. Communicated
b. Dictated
c. Formulated
d. Directed
13. Behavior of an individual in an organization is governed by

a. Rewards and Penalty
b. Elevation of position
c. Increments
d. Promotions
14. The planning process meant for solving recurring problems is _______________
a. Policy
b. Procedure
c. Practice
d. Motivation
15. The planning process necessitates faithfulness to _______________
e. Achievements
f. Objectives
g. Outcome
h. Returns
Match the following
1. Organization a. Tune
2. Grouping of similar activities into divisions b. Departmentalization
3. Linking various departments c. Overall Organizational structure
4. Organization as a structure d. Permanent in nature
5. Reward for behavior e. Reward & penalty system
6. Well defined jobs and authority f. Specialization
7. Agri-Business g. Input, product & Farm sectors
8. Leadership & catalyst in an organization h. Manager
9. Input minimization and output maximization i. Proper planning
10. Organizing j. Group of activities
11. Plan k. Flexible
12. Top level managers l. Board of Directors
13. Low level managers m. Supervisor
14. Authority n. Power to issue orders
15. Orders o. Uni-directional
Part B
1. Planning is the process by which a manager looks to the future and discovers alternate
courses of action. Planning describes the adoption of specific programme in order to
achieve desired results. It means the selection from among alternatives of future courses
of action for the enterprise as a whole and each department with in it. It is determining
goals, policies and courses of action and it involves the processes like work scheduling,
budgeting, setting up procedures, setting goals or standards, preparing agenda and
programming. In the body of management knowledge, planning is the muscle and it
allows the other functions to move in the desired direction. Planning is not a forecast but
an action oriented statement.
1a. Planning necessitates faithfulness to
a. Achievements b. Objectives c. Outcomes d. Returns
1b. A good plan must be

a. Rigid b. Flexible c. Rapid d. Detailed
1c. Effective planning always helps to

a. Increase risks b. Decrease risks c. Increase uncertainity d. Directing
1d. The process of forward thinking about a course of action based on understanding of all
the related factors is known as
a. Management b. Planning c. Direction d. HRM
2. In any business activity there is always a person who guides and controls its functions.
He also co-ordinates and regulates all the factors which are employed in the business
activity. Apart from monitoring it, he takes the responsibility of the outcome. We call
such a person an entrepreneur (organizer) and the business activity which he is doing is
called as an enterprise or organization. If management is seen as a body of knowledge,
then the organization is skeleton or framework on which the management is built.
2a. The process of organization starts with
a. Staffing and recruitment b. Appointments c. Selection d. Interview
2b. Which of the following is considered as a heart beat of organization

a. Planning b. Organizing c. Control d. Direction
2c. As a part of the organization function, the agribusiness manager must see that each
employees has a ______________ that is clearly defined
a. Goals b. Role c. Objective d. Duty
2d. An organization structure is effective if it facilitates the contribution of individuals in the

attainment of______________
a. Enterprise Objectives b. Income c. Position d. Promotion
3. It is defined as the process of filling the positions in an organization structure through

identifying work force requirements, inventorying the people available, recruitment,
selection, placement, promotion, appraisal, compensation and training of needed people
to carry out the business activities very effectively. Staffing should be based on the need
of the enterprise operation and day to day running of the business with out any sort of
hindrance. On the basis of the need, managers should determine the number and type of
persons to be staffed in the enterprise.
3a. Staffing starts with
a. Recruitment b. Appointments c. Selection d. Interview
3b. Staffing plan with specification of the positions/jobs should always thrive to fulfill
________________
a. Objective of firm b. Objective of staff c. Objective of manager
d. Objective of supervisor
3c. A good organizer selects the person with fairly above average academic record with extra
curricular activities which gives rise to a good____________
a. Manager b. Leader c. Follower d. Employee
3d. In case of managerial positions along with academic record and leadership qualities,
________________ skills assume greater significance.
a. Communication b. Interpersonal c. Personal d. Empathic
4. Direction is nothing but motivating, guiding, leading, executing and supervising the
organization. It is an important management function making the people engaged in
various positions to move towards the achievement of goals and objectives. Managers as
directors know that the successful measure of the output/profit is due to sum of the
performance or work output of all those who work under their control in the firm.
4a. It is the vehicle of messages with proper direction from top to bottom of an organization
a. Order b. Motivation c. Guidance d. Communication
4b. Jobs are assigned to the workers in the firm according to their ________________
a. Skills b. Knowledge c. Behaviour d. Experience
4c. It is necessary to keep persons in the organization both as individuals and as groups
motivated for proper ____________
a. Outcome b. Direction c. Functioning d. Output
4d. Orders vary in form and details depending upon the degree of delegation practiced in the
________________
a. Organization b. Position c. Time period d. Nation
5. The function of direction may also be described in broader terms as the task of making the
organization take on life, of creating the conditions that make for interest in the job, vigour
of action, imaginative thinking and continuous team work. This goal is one that cannot be
reached by magic formulae. Its achievement rests in large measure, up on the qualities of
leadership exhibited by the manager. Leadership is helping individuals or groups to
accomplish organizational goals. It is also, perhaps paradoxically, the process by which the
manger attempts to unleash each persons individual potential, once again, as a contribution
towards organizational success. Leaders recognize the result of a person’s activities counts
for more than the activities themselves.
5a. In the functional concept of management, the inner frame or torque or speed of wheel
represents _________________
a. Order b. Motivation c. Guidance d. Communication
5b. The manner in which the firm is organized facilitates good ________________
a. Skills b. Knowledge c. Behaviour d. Conditioning
5c. Successful managers must have __________________

a. Dictatorship b. Leadership skills c. Good Attitude d.
Communication skills
5d. A good manager must help subordinates to find satisfaction and to identify themselves
with their jobs and with the _____________________
a. Organization b. Position c. Time period d. Nation
6. People of an organization are arranged in a hierarchy and they all have the on ship of
suoerior-subordinate, except the person at the top-most position who is the superior alone
and person at the lowest level who is subordinate alone. Thus, there will be as many levels
in the organization as the number of superiors in a line of command. From the analysis
point of view, some of the levels can be merged into one on the basis of nature of functions
performed and authority enjoyed. However, there is no unanimity over the broad category
of management levels. There are three levels of management and various positions are
placed under these categories.
6a. _______________ level managers integrates the functions of the whole organization.
a. Top b. Middle c. Upper middle d. Lower
6b. These level managers are responsible to integrate the organization with the environment,
balance interests of various groups, and is responsible for overall results.
a. Top b. Middle c. Upper middle d. Lower
6c. Elected by the shareholders, the person is responsible to them as their agent for managing
the affairs of the organization, imposed by the MoA and AoA of the company
a. Board of Directors b. Manager c. General Manager d. CEO
6d. The person is responsible for integration of his organization with the external
environment. The person has to maintain relationship with various agencies in the society.
a. Board of Directors b. Manager c. General Manager d. CEO
7. There will be as many levels in the organization as the number of superiors in a line of
command. The middle management stands between top management and supervisory
management level. The number of levels within the middle management depends on the
size of the organization in terms of number of employees.
7a. The basic divisions of the organization are determined and overall programmes of a
division or department are established.
a. Top b. Middle c. Upper middle d. Lower middle
7b. These level managers are responsible to carry out functions for achieving specific goals.
7c. There is no uniformity about the number of levels of ______________ level management.
7d. The level of management is concerned with efficiency in using resources of the
organization.
a. Top b. Middle c. Upper middle d. Lower level
8. Mintzberg published his ten management roles in his book, “Mintzherg on management:
Inside our Strange World of Organization,” in 1990. He identified 10 roles of a manager
played in organization which falls into three basic categories: interpersonal roles,
informational roles and decisional roles.
8a. The role relates to the manager’s behavior that involve people that are ceremonial and
symbolic in nature.
a. Interpersonal b. Informational c. Decisional d. Managerial
8b. The role of a leader to build relationship with employees and communicates with,
motivates, and coaches them.
8c. The role include monitor, disseminator, and spokes person.

8d. An entrepreneur, disturbance handler, resource allocator and negotiator.

9. Management is a challenging job. It requires certain skills to accomplish such a challenge.

Thus essential skills which every manager needs for doing a better management are called
as managerial skills. According to Robert Katz, there are three managerial skills, viz.,
conceptual, human relations and technical skills.
9a. The ability to visualize or see the organization as a whole. It includes analytical, creative
and initiative skills.
a. Conceptual b. HR c. Decisional d. Technical
9b. Human Relations skills are also called as _____________

9c. The ability to perform the given job with different machines and tools is ____________
a. Interpersonal b. Technical c. Decisional d. Managerial
9d. The low level managers requires more __________________ skills.

a. Interpersonal b. Technical c. Decisional d. Managerial
10. Agribusiness is sum total of all operations or activities involved in the business of
production and marketing of farm supplies and farm products for achieving the targeted
objectives. It is important to visualize the sectors as interrelated parts of a system in which
the success of each part depends heavily on the proper functioning of the other two.
10a. The sector responsible for supply of inputs for cultivation of crops and rearing of
livestock is ___________________.
a. Input b. Production c. Processing d. Service
10b. The sector responsible for raising of crops, livestock and other products is
______________
10c. The component responsible for various aspects like storage, processing and marketing
the finished products is ____________
10d. It is a dynamic sector and continuously meets current demands of consumers in domestic
as well as world markets.
a. Input b. Production c. Processing d. Agri-Business
IMAYAM INSTITUTE OF AGRICULTURE AND TECHNOLOGY
B.Sc (Ag) Degree Programme-III-Year V Semester 2017
ARM 301- AGRIBUSINESS MANAGEMENT AND ENTERPRENEURSHIP (1+1)
MID SEMESTER QUESTION
PART-A
A1. The concept of agribusiness was written by university in 1957
a. California
b. Henryford
c. Hodges
d. Harvard
Answer : D
A2. The book A concept of agribusiness was written by
a. Michael pollen and Joel salatin

b. Wes Jackson and Richard manning
c. Vandana shiva and Daniel shiva
d. John H. Dvis and A. Gold berg
Answer: D
A3. University of Philippines first organized Agribusiness programme at undergraduate level in the year
a. 1956
b. 1966
c. 1956
d. 1926
Answer: B
A4. First advanced agri business management seminar was held (1969) in
a. Geneva
b. Manila
c. Brazil
d. Harvard
Answer: Manila
A5. ----------------- is the sum total of all the operators or activities involved in business of production and
marketing of farm supplier and products for achieving the targeted objectives
a. Input sector
b. Processing sector
c. Business
d. Agribusiness
Answer : D
A6. Agribusiness is ------------ oriented
a. Business
b. Produce
c. Market
d. Processing
Answer: C
A7. Getting thing done by others is called
a. Business
b. Agribusiness
c. Management
d. Entrepreneurship
Answer: B
A8. The structure of agribusiness to
a. Horizontal
b. Vertical
c. Hexagonal
d. Diagonal
Answer: B
A9. The objectives which are fulfilled immediately within a short period
a. Mission
b. Short range
c. Long range
d. Strategies
Answer: B
A10. ----------------- is the frameword/ skeleton which the management built
a. Planning
b. Directing
c. Organizing
d. Staffing
Answer: A
A11. The process of filling the positions in an organization structure through identifying, work force
requirement.
a. Planning
b. Directing
c. Organizing
d. Staffing
Answer: D
A12. Planning is ----------- oriented
a. Market
b. Objectives
c. Mission
d. Goal
Answer: D
A13. Which of the following goods shows the pure good?
a. Salt
b. Fast food
c. Vehicle repair
d. Attending a party
Answer: A
A14. Most common quality control includes:
a. Planning
b. Organizing
c. Controlling
d. Inspection
Answer: D
A15. ---------- is the continuous process of supervision, communication, leadership and motivation
a. Staffing
b. Motivating
c. Directing
d. Organizing
Answer: C
PART B
FILL IN THE BLANKS WITH CORRECT ANSWER
A16. ------------- encompasses all activities associated with the flow and transformation of goods from
raw material stage, through to end uses, as well as the associated information.
a. Produciton
b. Directing
c. Supply chain
d. Staffing
Answer: C
A17. Which function typically employs more people more than any other functional area
a. Information system
b. Operations
c. Marketing
d. Finance
Answer: D
A18. The responsibilities of operations manager are
a. Planning, organization, staffing, processing and reviewing

b. Planning, organization, staffing , directing, controlling
c. Forecasting, designing, operating, processing, reviewing
d. Designing and operating
Answer: B
A19. Manufacturing work sent to other countries is called
a. Downsized
b. Outsourced
c. Vertical integration
d. Internationalization
Answer: B
A20. The following factor would be relatively low if supply of labour is higher than demand
a. Production
b. Labour cost
c. Wage
d. Performance
Answer: C
A21.-------------- refers to instructing, guiding, communicating and inspiring people in the organization
a. Staffing
b. Co ordinating
c. Directing
d. Supervision
Answer: C
A22. -------------- refers to the leadership style in which the leader gives his sub ordinates complete
freedom to make decision
a. Autocratic
b. Democratic
c. Laissez-fair
d. Maslow hierarchy
Answer: c
A23. ------------ is process of stimulating people to accomplish desired goals
a. Supervision
b. Motivation
c. Communication
d. Leadership
Answer: B
A24.------------ deals with purchase storage space issue and managers of material mandatory for
production division.
a. Production planning
b. Plant layout and location
c. Research and development
d. Material management
Answer: D
A25. -------------- involves sharing of manufacture goods to the buyers and may require number of steps
a. Sales management
b. Finance management
c. Marketing management
d. Accounting management
Answer: C
A26. Which Is the last step of planning process
a. Identifying alternatives
b. Selecting the most appropriate alternative
c. Reviewing the plan
d. Implementing the plan
Answer: C
A27. The process of setting objectives in the organization to give a sense of direction to the employees is
called as
a. Sequence of activities
b. Derivative plan
c. Management by objectives
d. Planning premises
Answer: c
A28. TQM refers to
a. Total quantity management

b. Total quality management
c. Total quotient management
d. Total quality marketing
Answer: B
A29. Human resource planning is otherwise called as ------------------
a. Future personnel need

b. Inventory
c. Man power planning
d. Employee multiskilling
Answer: c
A30. Performance appraisal of employee is the behavior of --------------------
a. HR
b. Trainee
c. Manager
d. Supervisor
Answer: d
PART C
MATCH THE FOLLOWING
C1.
A31. Intangible good i. Cotton shirt

A 32. Purchase in regular basis ii. Maruthi car
A33. Purchased without planning iii. Vacuum cleaner
A34. Homogenous shopping good iv. Impulse
a. A31-i, A32-ii, A33- iii, A34-iv b. A31- iii, A32-ii, A33-iv, A34-i
c. A31-ii, A32-i, A33-iv, A34-iii d. A31-i, A32-iii, A33-ii, A34-iv
(Answer- C)
C2.
22% of population are using mobile

A35. Market segmentation i. phones
A 36. Target marketing ii. Customers think of Xerox for copying
A37. Market positioning iii. Classifying customers based on age
A38. Market penetration iv. Fair and handsome cream for men
a. A35-i, A36-ii, A37- iii, A38-iv b. A35- iv, A36-i, A37-ii, A38-iii
c. A35-iii, A36-i, A37-iv, A38-ii d. A35-i, A36-iii, A37-ii, A38-iv
(Answer- B)
A39. Sole proprietorship i. Quick decision
A40. Partnership ii. Partnership act 1932
A41. Private company iii. Profit sharing as shares
A42. Public limited company iv. Secret shared by members
a. A39-i, A40-ii, A41- iv, A42-iii b. A39- iv, A40-i, A41-ii, A42-iii
c. A39-iii, A40-ii, A41-iv, A42-i d. A39-i, A40-iii, A41-ii, A42-iv
(Answer- A)
A43. Assigning duties and i. Coordination

responsibilities
A44. Grouping of activities ii. Planning
A45. Action of oriented statement iii. Direction
A46. Working together iv. Organization
a. A43-ii, A44-i, A45- iii, A46-iv b. A43- iv, A44-i, A45-ii, A46-iii
c. A43-iii, A44-ii, A45-iv, A46-i d. A43-i, A44-iii, A45-ii, A46-iv
(Answer- C)
PART –D
1. Agribusiness system - SECTORS
A47. ------------ Deals with the supply of inputs required by the farmers for raising crops livestock and
other allied enterprises
a. Input sector
b. Output sector
c. Farm sector
d. Product sector
Answer: A
A48. The sector which aims at producing crops livestock and other products is
a. Input sector
b. Output sector
c. Farm sector
d. Product sector
Answer: C
A49. It deals with various aspects like storage processing and marketing of finished products so as to
meet the dynamic needs of consumers
a. Input sector
b. Output sector
c. Farm sector
d. Product sector
Answer: D
A50. Crops production, livestock and their byproducts comes under
a. Input sector
b. Production sector
c. Processing and manufacturing sector
d. None
Answer: C
2 LEVELS OF MANAGEMENT
A51. The level of management who prepares strategic plans and policies for the enterprise is --------------
a. Supervisory level
b. Operative level
c. Administrative level
d. Executive level
Answer: C
A52. The level of management who are responsible for providing training to the workers is -------------
b. Middle level
d. Executive level
Answer: A
A53. The level of management who are responsible for coordinating activities within the division or
department is
b. Operative level
d. Executive level
Answer: d
A54. ------------- are the image builders of enterprise because they are in direct contact with the workers
b. Operative level
d. Executive level
Answer: A
3. Functional areas of management
A55.Which is not Sub area of production/ manufacturing department
a. Plant layout and location

b. Material management
c. Research and development
d. Sales management
Answer:B
A56. ---------- Deals with supervisory activities associated to procurement and operation of fund for
industry purpose
a. Marketing management
b. Human resource management
c. Finance and accounting management
d. Production management
Answer: C
A57. ----------- Deals with fixation of prizes genuine transfer of products to the klint after satisfying
certain formalities and after sale service
a. Financial accounting
b. Sales management
c. Market research
d. Quality control
Answer: B
A58. ------------- Deals in job assessment , merit ranking of jobs and making wage and encouragement
policy for employees
a. Recruitment and selection

b. Financial accounting
c. Management accounting
d. Wage administration
Answer: D
4.
TYPES OF BUSINESS ORGANISATION
A59. --------- is the relation existing between persons competent to make contrast who agree to carry on
a lawful business in common with a view to private gain
a. Sole proprietorship
b. Joint stock company
c. Multinational company
d. Partnership
Answer: D
A60. ------- Is the voluntary association of persons from the same locality voluntarily and join together
achieve a common economic objective
a. Joint stock company

b. Partnership
c. Cooperative society
d. Multinational company
Answer: C
A61. Which type of business can be started with cheap setup cost and reduced operating cost
a. Sole proprietorship
b. Joint stock company
c. Multinational company
d. Partnership
Answer: A
A62. Which one is not an example of multinational companies?
a. Coca cola corporation

b. BSNL
c. Hindustan steel limited
d. Maruti udhyog
Answer: A
5. Supply chain management
Supply chain management
A63. The purpose of supply chain management is -------------------
a. Provide customer satisfaction

b. Improve quality of products
c. Integrating supply and demand management
d. Increase in production
Answer: C
A64. Major decision areas in SCM is
a. Location, production, distribution, inventory

b. Planning, production, distribution, inventory
c. Location, production, scheduling, inventory
d. Location, production, distribution, marketin
Answer: A
A65. The supply chain management philosophy emerged in which decade
a. 1960’s
b. 1970’s
c. 1980’s
d. 1890’s
Answer: C
A66. Which of the following is true for supply chain management
a. Physical material moves in direction of end of the chain

b. Flow of cash backwards through the chain
c. Exchange of information moves in both the direction
d. All the above
Answer: D
6. Operation management
A67. Which of the following is not a type of operation ?
a. Goods production
b. Storage
c. Transportation
d. Price reduction
Answer: D
A68. The most common quality control includes
a. Planning
b. Organizing
c. Inspection
d. Directing
Answer: C
A69. TQM refers to
e. Total quantity management

f. Total quality management
g. Total quotient management
h. Total quality marketing
Answer: B
A70. Budgeting, analysis of investment proposals and provisions of fund are activities associated with
the ------------ function
a. Audit
b. Marketing
c. Purchasing
d. Finance
Answer: D
7. The Human mind is our fundamental resource – Edwin filppo
A71. The actual achievements compared with the objectives of job is
a. Job performance
b. Job evaluation
c. Job description
d. Job specification
Answer: A
A72. The following is concerned with developing a pool of candidates in line with Human Resource Plan
a. Development
b. Training
c. Recruitment
d. Controlling
Answer: C
A73. The --------------- programme once installed must be continued on permanent basis
a. Job evaluation
b. Training and development
c. Recruitment
d. Development
Answer: B
A74. ------------- Can be defined as a written record of duties, responsibilities and conditions of job.
a. Job description
b. Job specification
c. Job profile
d. Job analysis
Answer: A
8. Steps of organizing
A75. Which one of following is first step of organizing
a. Assignment of duties
b. Departmentalization
c. Establishing the reports
d. Identification and division of work.
Answer: D
A76. Which one of following is second step of organizing
Answer: B
A77. Which one of following is third step of organizing?
Answer: A
A78. Which one of following is fourth step of organizing
Answer: c
9. Directing
Directing represents one of the essential functions of management because it deals with human
relation. A good direction involved with given elements.
A79. The --------------- refers to monitoring the progress of work of once subordinates and guiding then
properly
a. Communications
b. Leadership
c. Motivation
d. Supervising
Answer: D
A80. Which is not the element of directing?
a. Supervision
b. Leadership
c. Motivation
d. Coordinating
Answer: D
A81.-------------- is the process of stimulating people in desired goals
a. Supervision
b. Leadership
c. Motivation
d. Communication
Answer: C
A82. ---------------- influence others in a manner to do what the leaders want them to do
a. Supervision
b. Leadership
c. Motivation
d. Communication
Answer: B
10. Heirarchy of plans
A83. ____________ are the statements develop by the top management board of directors and chief
executive to define what they believe to be the organization vision.
a. Strategy
b. Policy
c. Practices
d. Objectives
Answer: D
A84. ------------- is the determination of basic long term goals and objectives of an enterprise and the
adoption of force of action and allocation of resources necessary to carry out these goals.
a. Programmes
b. Policies
c. Strategies
d. Rules
Answer: C
A85. It is a plan of statement of expected result expressed in numerical terms and is called as a profit
plan and may be expressed in terms of labour hours, units of products, machine hours etc,.
a. Programmes
b. Practices
c. Procedures
d. Budget
Answer: D
A86. ---------- is that it reflects a managerial decision that certain action be taken or not be taken it
requires specific and definite action to be taken or not taken with respect to situation
a. Programmes
b. Policies
c. Strategies
d. Rules
Answer: D
Mid semester examination-CAT
Part A
I. Choose the best answer.
1.The concept of Agni-business was born in Harvard University in the year
a. 1947 b. 1957
c. 1967 d. 2006
Ans: b
2.Agro based industries are mainly established in rural areas because
a. Availability of raw material b. Availability of labour
c. Absence of pollution in environmentd. Low tariff on electricity
Ans: a
3.In a business firm,the manager expected o have a fixed cost/unit as Rs.300 and
variable cost/unit as Rs.450.He decided to have a mark up of 15% on sale/unit.But
due to fall in price of the product in the market(may be due to low demand),he helped
for improved production strategies in the firm.The strategies he implemented will
represent__________ function of management.
a. Directing the business activities b. Motivating the staff
c. Organization of the business activities d. Controlling the business activities
Ans: d
4.The planning process which represents what actually is done in the organization
a. Policy b. Procedure
c. Practice d. Motivation
Ans: c
5.Which of the following are inter-related?
a. Planning and Control b. Organization and Direction
c. Organization and Staffing d. Control and Direction
Ans: c
6.Orders are _________ in an organization
a. Unidirectional b. Bidirectional
c. Multidirectional d. None
Ans: a
7. Six sigma is the philosophy of which country
a. USA b. China c. Japan d. Korea
Ans:c
8.The process of dividing total workload into tasks for easy and logical work for
performance
c. Centralization d. organizational hierarchy
Ans: b
9. When authority and accountability have been passed down to lower level, it is
called as
a. Centralization b. Division of labour
c. Decentralization d. Departmentation
Ans: c
10. Motivational job design is stated by
a. Henry Foyal b. J Richard Hackman c. Simon d. Maslow
Ans: b
11.Most operational information flows
a. Diagonally b. Vertically c. Horizontally d. Circularly
Ans: c
12.Decision support system is used by
a. Lower level manager
b. Middle level manager
c. Higher level manager
d. All of them
Ans: b
13.Supply chain includes
a. Wholesalers, retailer, transporters
b. Manufacturers, wholesalers, retailers, warehouses
c. Suppliers, manufacturers, wholesalers and retailers
d. All of the above
Ans:d
14. Primary purpose of any supply chain is
a. To satisfy the customers need
b. To maximize the profit
c. To minimize the overall cost
d. To create the link between the intermediaries
Ans: a
15. Job analysis can be done using
a. Flow process chart
b. Worker-machine chart
c. Both of the above
d. None of the above
Ans: c
II. Fill in the blanks.

1. The group of employees and tasks is generally referred to as ………
c. Departmentation d. Centralization
Ans: c
2. The organizational structure that specifies who reports to whom in the organization
is …………
a. Organizational climate
b. Organizational culture
c. Organizational hierarchy
d. Organizational platform
Ans: c
3. …………… focuses upstream on integrating supplier & producer processes,
improving efficiency & reducing waste
a.Supply chain b. Value chain
c. Demand chain d. Product chain
Ans: a
4. Supply chain mapping is the study of ………..
a. Logistics network
b. Activities sequence
c. Value and non value added activities
d. All of the above
Ans: c
5. A system with feedback and control components is sometimes called as ……….
a. Balancing system b. Active system
c. Cybernetic system d. Interconnected system
Ans: c
6. The process of forward thinking about a course of acion based on understanding of
all the related factors is known as ……….
a. Management b. Planning
c. Direction d. Human Cognition
Ans: b
7.Planning necessitates faithfulness to ……..
a.Achievement b. Objectives
c. Outcomes d. Returns
Ans: b
8.A good plan must be ………
a. Rigid b. Flexible
c. Rapid d. All
Ans: b
9.Supply chain activities at operational level does not include ……
a. Taking customer order
b. Movement of goods from warehouse to point of consumption
c. Creating a purchasing plan with the preferred supplier
d. Maintenance of inventory record
Ans: c
10. A single use plan that covers a larger set of activities is called as ……..
a. Project b. Programme c. Policies d. Procedure
Ans: b
11. The term supply chain management was coined by ……..
a.Peter drucker b. Keith oliver
c.Raphael kaplinsky d. Michael porter
Ans:b
12. ………… is the source of revenue in the supply chain
a. Wholesaler b. Retailer c. Customer d. All the above
Ans: b
13. Quality, supply chains, inventory and capacity are strategic decisions generally
made by ……….
a.Marketing b. Human resources
c. Project managers d. Operations
Ans: d
14. Efficiency, in capacity terms, is the ratio of………..
a. Actual output to effective capacity
b. Effective capacity to actual output
c. Design capacity to effective capacity
d. Design capacity to actual capacity
Ans: a
15.Difference between supply chain and value chain is ………..
a. Shift in focus from supply base to the customers
b. Shift in focus from one supplier to other
c. Shift in focus from one customer to other
d. No shift in focus, both have same focus, i.e., the suppliers
Ans: a
III. Match the following.
1. a. Management - i) A systematized body of knowledge pertaining to a
specific field of enquiry.
b. Administration - ii) The application of knowledge and personal skills to
achieve results.
c. Science - iii) The overall determination of policies, the
setting of major objectives and the laying out of
broad programmes
d. Art - iv) Is the process of planning, organizing, staffing,
directing and controlling to accomplish
organizational objectives through the
co-ordinate use of human and material resources.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a-(iv), b-(iii), c- (i), d- (ii)
Ans :b
2. a.Organizing - i) Based on information about performance and

taking corrective steps.
b.Leading - ii) Managers act as liaisons, establish relationships
between people and work and arrive at decisions
regarding the utilization ofresources.
c.Staffing - iii) Managers use their authority and power to meet
organizationalobjectives.
d.Controlling - iv) Involves hiring, training, evaluating performance as
well as negotiating with labour unions.
Ans :a
3. a.Internal coordination - i) The voluntary effort of individuals to work

together and to help each other.
b.Vertical coordination - ii) Coordination between an organization and its
external environment.
c.Cooperation - iii) coordination between different departments and
persons within an organization.
d.External coordination - iv) integration of effort between superiors and
subordinatesworking at different levels in an
organization.
c) a -(iii), b-(iv), c-(i), d-(ii) d) a- (iii),b-(iv),c-(i),d-(ii)
Ans :c
4. a.Budget - i) A kind of a time table of a work.

b.Method - ii) help managers deal with routine problems in a
predeterminedand consistent manner.
c.Schedule - iii) is a numerised programme designed to allocate
resources of a firm.
d.Standard plans - iv) shows the one best way of doing things.
a) a-(ii), b-(iii), c-(iv), d-(i) b) a -(ii), b-(iv), c-(i), d-(iii)
Ans : d
5. a.Feed forward control - i) The process of gathering information about a
completed activity.
b.Feedback control - ii) It is also known as real time control.
c.Concurrent control - iii) Making something happen the way it was
planned.
d.Control - iv) Control that prevents anticipated problems.
c) a-(iv), b-(i), c-(i), d-(iii) d) a- (i),b-(iv),c-(iii),d-(ii)
Ans : c
6. a.Departmentation by function - i)Local consumer
b.Departmentation by product - ii)Finance
c.Departmentation by customer -iii)South india
d.Departmentation by territory -iv)Agricultural inputs
Ans : c
7. a.Liaison role – i) Deals with strikes, shortage of materials
b.Disseminator role – ii) Connecting link between organization and others
c.Leadership – iii) Distribute important information to subordinates
d.Disturbance handler role – iv) Deals with hiring, motivating the employees.
Ans : a
8. a.Supply chain management – i) the way in which goods are move from
producer toconsumers
b.Marketing channel – ii) Deals with sourcing of raw materials,
manufacturing, delivery of goods.
c.Reverse supply chain – iii) Effect of taxes in design and implementation
of supply chain.
d.Tax efficient supply chain – iv) Deals with managing of return of goods.
Ans : b
9. Supply chain drivers Activity

a.Production – i) How and when to move the product.
b.Information – ii) What and when to produce.
c.Transportation – iii) How much to produce, how much to stock
d.Inventory – iv) Basis for making decisions
Ans:c
10. Features Functions of Management

a. Grouping of activities - i) Organization
b. Action oriented statement - ii) Control
c. Working together - iii) Planning
d. Process of influencing performance - iv) Coordination
a) a-(i), b-(iii), c-(iv), d-(ii) b) a-(ii), b-(i), c-(iv), d-(iii)
Ans: a
11. Principles Of Direction Functions

a.Harmony of objectives – i) Two way process.
b.Managerial communication – ii) Constant and continous supervision.
c.Motivation techniques – iii) Sense of belonging.
d.Follow up – iv) Job promotion.
Ans : b
12. Type of Agri business industries Example
a.Agricultural Produce Processing Units -i)Coromandel fertilizers
b.Agricultural Produce Manufacturing Units -ii)Groundnut decorticating units
c.Agro-input Manufacturing Units -iii)Repairs of irrigation pumpsets
d.Agro-service Centers - iv)Gur and Khandsari units
Ans: c
13. a.Job analysis – (i) prepared on the basis of Job Description

b.Job description – (ii) management of people
c.HRM – (iii) procedures to identify the content of a job
d.Specification – (iv) a document that describes the general tasks, or
functions, and responsibilities of a position
Ans: d
14. a.Planning – i)The organization merely reacts to events as and when
theyarise.
b.Reactive planning – ii) Anticipating future contingencies and getting ready with
alternative paths for unforeseen circumstances.
c.Proactive planning – iii) The process of identifying the specific procedures
andprocesses required at lower levels of an
organization.
d.Operational planning– iv) Deciding in advance what to do, how to do it,
when to do it and who is to do it.
Ans: a
15. Product Example

a.Unsought good -(i) News paper
b.Impulse good - (ii) Swetter
c.Staple good - (iii) Vaccum cleaner
d.Emergency good - (iv) Magazines
c) a- (iii),b-(iv),c-(i),d-(ii) d) a- (iii), b-(iv), c-(ii), d-(i)
Ans: c
Part B
Two mark questions.
1.The manager has the major functions namely planning, organizing, staffing,
leading and controlling. These functions performed by him with in limits established
by the external environment.
i.Planning refers to:
Ans:a
ii.Organizing refers to
Ans:b
iii. Staffing means
Ans:c
iv.Leading and influencing means
Ans:d
2.According to Mintzberg,managers must play many roles such as interpersonal role,

informational role,disseminator roles in an organization
i.Interpersonal roles deals with
c)Decisional making d)Organizational setup
Ans:a
ii.Decisional role deals with
a)Organizational setup b)Resource allocation
b)Hierarchy d)Computer data
Ans:b
iii.A manger as a disturbance handler, he deals with
c)Strike d)Organizational setup
Ans:c
iv.Informational role related to
a)Consumers taste b)Supply availability
c)Demand forecasting
d)All the above
Ans:d
3.The Level of managementrefers to a line of demarcation between various

managerial positions.These are top level, middle level, lower level management. The
differences among managerial functions arise because of existence of various
management levels.
i.Top level management deals with
c)Processing of goods
d)All the above Ans:a
ii.Middle level manager deals with
c)Coordinate the activities of front line managers
d)Job promotion Ans:c
iii.Front line manager deals with
a)Supervision of operating employees b)Consumers taste
c)Deciding goals,polices d)All the above
Ans:a
iv.Technical skills are essential for
a)Top level managers b) Lower level managers
c)CEO of an organization d)All the above
Ans:b
4.Robert L.Katz has identified three basic types of skills technical,human and
conceptual skills-which are needed for all managers
i.Technical skill refers to
a)Ability to use tools,procedures b)human skills
c)Motivational skills d)conceptual skills
Ans:a
ii.Human skills refers to
a)Technical skills b)Ability to work with and
throughother people
c)Ability to use procedures
d)All the above Ans:b
iii.Conceptual skills refers to
a)Ability of coordinate the interest & activities b)Ability to work
c)Ability to use procedures d)Ability of a person
Ans:a
iv.Ability to motivate, facilitate the employee is____________
a)Human skills b)Technical skills
c)Conceptual skills d)Management
Ans:a
5.Departmentation means dividing large and complex organization into smaller,
flexible administrative units . It is essential for specialization, expansion, Autonomy,
Management, Development. There are several ways in which an organization may
divide the work.
i.Finance, Production,Sales dealt by
a)Departmentation by function b)Departmentation my
territory
c)Departmentation by time d)Departmentation by
products Ans:a
ii.The large companies used to deal there products to different region of a country is
a)Departmentation by function b)Departmentation by
territory
c)Departmentation by time d)Departmentation by
products Ans:b
iii.Departmentation by marketing channel refers to
a)The way of movement of goods
b)b)The production process
c)The processing of goods d)The quality control of goods
Ans:a
iv.The organization that work round –the –clock is known as

a)Departmentation by time b)Department by products
c)Departmentation by function d)Department by territory
Ans:a
6.Direction is telling people what to do and seeing what they are actually doing to the
best of their ability.There are some principles in direction, which leads to the effective
function of an organization.
i.Principles of harmony of objectives deals with
a)Sense of belonging b)Sense of private
c)Sense of individual d)Sense of normality
Ans:a
ii.Order received from the single authority is
a)Principle of unity of command b)Principle of managerial communication
Ans:a
iii.Passing of instruction and feedback dealt by
Ans:b
iv.Job promotion, salary increment dealt by
Ans:c
7.Coordination is the process of integrating the objective & actives of separate units
of organization . On the basis of scope and flow, the coordination is classified as
vertical & horizontal coordination.
i.Coordination between the different units of an organization is known as
Ans:a
ii.Coordination between the organization and customer is known as
Ans:b
iii.Coordination between different levels of organization is
Ans:c
iv.Coordination between the same level of an organization is
Ans:d
8.In an organization,Scheduling is arranging, controlling,optimizing the work in a
timely manner. It is used in manufacturing and engineering in order to minimize the
production time,cost and increase the efficiency. It is classified as production
scheduling, forward scheduling and backward scheduling.
i.The task of planning from the date resources become available to determine the
shipping date is___________
Ans:a
ii.The task from the due date to determine the start date is
Ans:b
iii.If the customer wants 1000 kg of paddy in the month of April. so the producer
sowing the seeds in January is an example for
Ans:b
iv.The producer sowing paddy seeds in the year end and planned to sale in the month
of April and doing the operations accordingly. It is an example for
Ans:a
9.Supply chain capabilities are guided by the decision of the supply chain drivers.
Each of these drivers can be developed and managed to emphasize the responsiveness
or efficiency depending on changing business requirement
i.Production driver deals with
Ans:a
ii.Inventory driver deals with
Ans:b
iii.Transportation driver deals with

Ans:c
iv.Information driver deals with
c)How and when to move the product d)Basis of decisions for other divers
Ans:d
10.Supply chain is a management of flows.There are five major flows in any supply
chain namely product flow, financial flow, informational flow, value flow and risk
flow.
i.The movement of goods dealt by
Ans:b
ii.Cost on investment dealt by
Ans:a
iii.Details about the production,sales, consumers preference dealt by
Ans:c
iv.The various uncertain elements broadly covered under supply, demand, production
are dealt by
b)Information flow d)The flow of risk
Ans:d
TAMIL NADU AGRICULTURAL UNIVERSITY
B.Sc.(Hons.) Agri. Degree Programme
Mid semester Examination, October 2019
Year : 2019 (2017Syllabus) Time : 1 hr
Semester : V Max. Marks: 20
ARM 301 – Entrepreneurship Development and Business Communication
PART – A
Multiple choice questions (kindly bold the answers) (30 x 0.5 = 15)
Q1. People who own, operate and take risk of business
1. Aptitude
2. Employee
3. Entrepreneur
4. Entrepreneurship
Q2. Which one is not a step in the problem solving
1. Define the problem
2. Gather information
3. Identify solutions
4. Ignore the problem
Q3. A performance and credit rating scheme has been launched by the MSME
Ministry to assess creditworthiness and capabilities of industries in the sector. What
is it called?
1. Performance and Credit Rating Scheme
2. Zero Defect Zero Effect Certification
3. Performance and Economy Rating Scheme
4. None of the above
Q4. Which one of the following is a barriers to news product creation and
development
1. Trial and error
2. Opportunity parameter
3. Opportunity cost
4. Intrapreneurship culture
Q5. Business firm generally involve in ________ to choose the market offer of the
product
1. Target marketing
2. Market positioning
3. Market segmentation
4. Market penetration
Q6. Various set of tools that the business firm or marketer used to study the
performance of product and marketing objectives in a target market
1. Target marketing
2. Market positioning
3. Marketing mix
4. Market segmentation
Q7.Which of the following represents the correct sequence of product life cycle?
1. Development – Introduction – Growth – Maturity - Decline
2. Development – Maturity – Introduction – Growth - Decline
3. Introduction – Development – Growth – Maturity – Decline
4. Introduction – Growth – Development - Maturity – Decline
Q8. Marketing ethics are
1. The rules as to behaviour of the personnel in the Marketing Department of a
firm
2. Moral principles that define right and wrong behaviour in marketing
3. Upholding teachings of major religions
4. To preserve the culture of a society when marketing products
Q9. When does a state of negative balance of trade?
1. When its imports are greater than its exports
2. When it looses a WTO ruling
3. When its tariffs are greater than its revenues
4. When its exports are greater than its imports
Q10. Which is the features of venture capital?
1. Venture capitalists
2. Commercialisation of new ideas
3. Equity participation
4. All of the above
Q11. Innovation theory includes
1. To create a new department
2. To open a new market
3. To present a new product
4. All of the above
Q12. Individuals influencing an entrepreneur's carrier choice and style are known as
which of the following?
1. Role model
2. Moral-support network
3. Professional support network
4. Support system
Q13. The activity which occurs when the new venture is started is called
1. Motivation
2. Business skills
3. Departure point
4. Goal orientation
Q14. Which one of the following is NOT an intrapreneurial leadership characteristic?
1. Understands environment
2. Encourage the team work
3. Not flexible
4. Persistant
Q15. While setting quality objective , _____________is considered
1.Customer need
2. material quality
3. Both 1&2
Q16. Entrepreneurial success has been significant because of the culture and the
political and economic system in _______
1. European countries
2. Middle east countries
3. Asian countries
4. Transition economies
Q17. The difference in the entrepreneurial and managerial domains has contributed
towards an increase interest in
1. Forming new firms
2. Partnership
3. Intrapreneurship
4. Private firms
Q18. Any business unit which is owned and controlled by a single individual is known
as a ___________
1. Partnership
2. Sole trading
3. Joint stock company
4. Co-operative Society
Q19. Correct sequence of management functions
1. Planning, organizing, staffing, directing, controlling
2. Planning, staffing, directing, organizing, controlling
3. Planning, organizing, staffing, controlling, directing
4. Planning, organizing, directing, staffing, controlling
Q20. The procedure for determining the duties, skills and competence requirements
of a job and the kind of person who should be hired for it.
1. Job analysis
2. Job Description
3. Job specification
4. None
Q21. Planning is an intellectual activity and it helps in avoiding
1. Control
2. Confusing
3. Policy
4. Price
Q22. Which of the following is inter-related?
1. Planning and Control
2. Organization and Direction
3. Organization and Staffing
4. Control and Direction
Q23. Six sigma is the philosophy of which country
1. USA
2. JAPAN
3. CHINA
4. U.K.
Q24. ____________ focuses upstream on integrating supplier & producer
processes, improving efficiency & reducing waste
1. Supply chain
2. Value chain
3. Demand chain
4. Product chain
Q25. Types of directing is based on _________
1. Strategic control
2. Operational control
3. Both 1& 2
Q26. For whom was a radio jingle released by MSME ministry on 20th Sept 2017?
1. National SC ST Hub
2. Marginalised communities
3. Minority communities
Q27. The process mapping is a ______ diagram.
1. Data flow
2. Work flow
3. Circular
4. Audit
Q28. Total Quality Management (TQM) focuses on
1. Employee
2. Customer
3. Both 1& 2
Q29. Innovative entrepreneurs may have to pay high insurance premiums due to the
1. The need to protect the patents
2. Greater employee liability
3. Greater customer liability
4. Greater trading risks
Q30. KVIC has launched an e-commerce portal. What other agreement has it
entered into?
1. Agreement with Raymond to promote Khadi as a fashion garment in India
and abroad
2. Agreement with Siyaram to promote Khadi as a fashion garment in India and
abroad
3. Agreement with Mafatlal to promote Khadi as a fashion garment in India and
abroad
PART – B
Define / Brief answer ( 5 x 1 =5)
Answer any five questions
Q31. Define entrepreneurship? Differentiate between Entrepreneur and manager?
Q32. List the Steps in entrepreneurial process
Q33. Define principles of innovation
Q34. What is Micro and macro business environment?
Q35. What are the sources of innovative opportunities?
Q36. Write about MSME and KVIC
MOTHER TERASA COLLEGE OF AGRICULTURE
B.Sc. (Hons.) Agri. Degree Programme
Final Model Theory Assessment, April 2020
Year : III (2017 Syllabus) Time: 2 ½ hrs
Semester : V Max. Marks: 60
ARM 301 (1+1)
ENTREPRENEURSHIP DEVELOPMENT AND BUSINESS MANAGEMENT
PART-A
Multiple choice question
A1. _____ are usually reluctant to adopt the changes.
A) Innovative B) Imitative
C) Fabian D) Drone
A2. An entrepreneurial process begins with
A) Idea generation B) Evaluating Opportunities
C) Identifying gaps D) All the above
A3. _________ are also called as Intrapreneur.
A) Trading Entrepreneurs B) Industrial Entrepreneurs
Corporate Business Entrepreneurs
C) D)
Entrepreneurs
A4. ________ type of entrepreneurs usually found in LDC.
A) Imitative B) Innovative
C) Cognitive D) Business
A5. _________ entrepreneurs are sophisticated with experts.
A) Imitative B) Innovative
C) Cognitive D) Business
_______ entrepreneur is concerned with maximizing the economic returns at
A6.
consistent level.
A) Classic B) Private
C) Pure D) Professional
A7. The book “A Concept of Agri-business” is written by
John Davis and A Gold John David and A. Gold Berg
A) B)
Berg
C) Nelson DL and Cox MM D) Richard and B Chase
A8. Incubators help start-ups save on
A) Marginal cost B) Recurring cost
C) Recurring cost D) Operating cost
A9. The social objective of KVIC is
A) Promote KVIC products B) Providing employment
Generate self- Create self-reliance
C) D)
employment
A10. Peter F. Drucker has classified sources of innovative opportunity into
A) 7 B) 6
C) 8 D) 9
A11. Agri-business provides crucial ______
A) Forward linkages B) Backward linkages
C) Both D) A only
A12. Agribusiness is always _________oriented
A) Production B) Market
C) Business D) Customer
A process of identifying and grouping the work to be performed, defining,
A13.
delegating responsibility
A) Team building B) Financing
C) Organizing D) Focusing
A14. Expand POSDCORB
Planning, Organizing, Planning, Organizing, Staffing, Directing,
Staffing, Directing, Co- Controlling, Reporting, Budgeting
A) ordination, Reporting, B)
Budgeting
Planning, Organizing,
Staffing, Development, Production, Organizing, Staffing, Directing,
C) Co- ordination, D) Co- ordination, Reporting, Budgeting
Reporting, Budgeting
A15. Formal planning is a
A) Structured plan B) Unstructured plan
C) Non-proper direction D) None
A16. Long-range planning is also called

A) Strategic planning B) Intermediate planning
C) Specific planning D) Tactical planning
The activity that establishes a course of action for guiding future decision
A17.
making
A) Promotion B) Demotion
C) Appraisal D) Planning
A18. Departmentation by _______ is better suited to manufacturing companies.
A) Product B) Process
C) Customer D) Function
_______ is a process of identifying, analyzing, and determining the duties,
A19.
responsibilities, skills, abilities, and work environment of a specific job.
A) Job Analysis B) Job Description
C) Job Specification D) Job Design
_______ is an organized factual statement of job contents in the form of duties
A20.
and responsibilities of a specific job.
A) Job Analysis B) Job Description
C) Job Specification D) Job Design
A21. The immediate products of job analysis are
Job descriptions and Job specifications and job analysis
A) B)
job specifications
Job design and job Job description and job analysis
C) D)
specifications
A22. _______ is a negative process.
A) Recruitment B) Selection
C) Screening D) Reference check
A23. ______ is exercised during the operation of a programme.
A) Feedforward Control B) Feed backward Control
C) Concurrent Control D) Feedback Control
A24. Operational Control aims on
A) External environment B) Internal environment
C) Both A & B D) Only B
A25. 4 P’s are
Product, Place, Price, Product, Place, Promotion, Process
A) B)
Process
Product, Place, People, Product, Place, Price, Promotion
C) D)
Process
A26. Who extended the 4P model to 7P model?
A) Robert F. Lauterborn B) Robert Theodre
C) Peter F Drucker D) Booms and Bitner
A27. TQM was developed by
A) William Deming B) Philip Kotler
C) William J Stanson D) Booms and Bitner
A28. _________ the tactical or operational part of a marketing plan.
A) Market Segmentation B) Marketing Plan
C) Marketing Strategy D) Marketing Mix
A29. Operation management is a
A) Transformation process B) Transactional Process
C) Both A & B D) Only B
A30. The 4Cs marketing model was developed by
A) Robert F. Lauterborn B) Robert Theodre
C) Peter F Drucker D) Booms and Bitner
PART-B
(Answer any Ten questions) [10 x 3 = 30]
B1. Define entrepreneurship and classify the entrepreneurs on the basis of A. H. Cole
B2. Distinction between an Entrepreneur and a Manager
B3. Define Business environment and explain in short about its classification.
B4. Expand MSME and explain in short about the MSME recent classification.
B5. Write the different types of plans and explain in detail about the operational plan.
B6. Define organizing and write the steps involved
B7. Define Staffing and write its importance
B8. Define controlling and explain it process
B9. Define market segmentation and its bases of segmentation.
B10. Define Supply Chain Management and its flows
B11. Explain KVIC and write its objectives in short.

B12. Define financial management and write its scopes.
PART-C
(Answer any Three questions) [3 x 5 = 15]
C1. Explain entrepreneurial process in detail.
C2. Define innovation. Explain the Principles of innovative opportunities.
C3. Steps in planning process
C4. Define marketing mix and explain about 7P’s
******************
TAMIL NADU AGRICULTURAL UNIVERSITY
B.Sc. (Hons.) Agri. Degree Programme
Final Theory Assessment, April 2021
Year : III (2017 Syllabus) Time : 2 ½ hrs
Semester : V ARM 301 Entrepreneurship Development and
Max. Marks: 60
Business Management (1+1)
PART-A
Multiple choice question
A1. The word ‘entrepreneur’ is derived from
A) Latin B) French
C) Greek D) Italian
A2. Founder of eBay
A) Mark Zuckerberg B) Caterina Fake
C) Steve Jobs D) Pierre Omidyar
------------ is the one who undertakes trade activities and is not concerned with the
A3.
manufacturing work.
A) Trading Entrepreneur B) Agricultural Entrepreneur
C) Industrial Entrepreneur D) Corporate Entrepreneur
A4. Entrepreneurs who start their business out of their natural talent are called as ---
Spontaneous Induced Entrepreneur
A) B)
Entrepreneur
C) Motivated Entrepreneur D) Modern Entrepreneur
Building a consistent personal and business brand tailored to the right audience
A5.
is called as -------
A) Networking B) Branding
C) Curiosity D) Efficiency
A6. A written document describing the nature of the business is called as -----------
A) Business plan B) Business analysis
C) Business statement D) Business sheet
It deals with the supply of inputs required by the farmers for raising crops,
A7.
livestock and other allied enterprises.
A) Manufacturing sector B) Farm sector
C) Input sector D) Industrial sector
A8. It is referring to the geographical setting of supply chain facilities.
A) Location B) Information
C) Inventory D) Production
A9. Innovation =
A) Invention + Research B) Invention + Implementation
Application + Development + Implementation
C) D)
Implementation
A10. Marginal, Small and Medium Enterprises Development Act was passed in
A) 2002 B) 2004
C) 2006 D) 2008
A11. Annual turnover of Micro industry should not be more than
A) Rs. 25 Lakhs B) Rs. 1 Crore
C) Rs. 2.5 Crore D) Rs. 5 Crore
A12. Head office of KVIC is present in
A) Delhi B) Mumbai
C) Calcutta D) Chennai
A13. Who is the father of management?
A) Peter Drucker B) Maslow
C) Will smith D) Schumpeter
A14. The structure of ‘Agribusiness’ is
A) Vertical B) Horizontal
C) Matrix D) Functional
A15. An art of getting things done by others efforts.
A) Management B) Controlling
C) Production D) Directing
A16. A good plan must be
A) Rigid B) Rapid
C) Flexible D) Uncertain
A17. Top level management consist of
A) Supervisor B) Labour
C) Accountant D) Managing Director
A18. The basic function of management is
A) Planning B) Organizing
C) Staffing D) Directing
Involves analyzing whether actions are being taken as planned and taking
A19.
corrective actions to make these to conform to planning
A) Planning B) Motivation
C) Directing D) Controlling
A20. It means moving to action and supplying simulative power to a group of persons
A) Planning B) Staffing
C) Organizing D) Directing
A process by which a person (Sender) transmits information or message to
A21.
other person (Receiver)
A) Communication B) Marketing
C) Supervision D) Organizing
A22. Function of manning the organization is
A) Planning, B) Staffing
C) Organizing D) Directing
The segment of management which deals with valuable use and control of
A23.
manpower.
Production Marketing Management
A) B)
Management
C) Personal Management D) Finance Management
A24. The systematic effort to delegate powers to the lower levels
A) Centralization B) Delegation
C) Decentralization D) Directing
A25. A stocking and holding of materials for the purpose of future use
A) Commodity B) Inventory
C) Service D) Product
Encompass the companies and the business activities needed to design, make,
A26. deliver, and use a product or service
A) Value chain B) Supply Chain
C) Marketing channel D) Logistics
Managerial activity which is concerned with planning and controlling of the
A27.
firm’s financial resources
A) Financial management B) Operation management
C) Inventory management D) Logistics management
A28. Industrial Investment Bank of India was established in
A) 1985 B) 1990
C) 1955 D) 1975
A29. Industrial Credit and Investment Corporation of India head office is at
A) Delhi B) Mumbai
C) Calcutta D) Chennai
A30. Tamilnadu Industrial Investment Corporation Ltd. Was setup in
A) 1949 B) 1947
C) 1950 D) 1957
PART-B
(Answer any Ten questions) [10 x 3 = 30]
B1. Explain steps of entrepreneurial process with diagram?
B2. List out seven sources of Innovative opportunity?
B3. Classify KVIC Products into six classes?
B4. Write down Importance of Business Incubator?
B5. Indicate three sectors of Agribusiness with a diagram?
B6. Organize ten managerial roles according to Mintzberg?
B7. Explain functions of management given by Koontz and O’Donnel?
B8. What is departmentation and list out seven bases of departmentation?
B9. Expand and explain TQM and list eight principles of TQM?
B10. Diagrammatically represent 7P’s of Marketing Mix?
B11. What are seven basic Market Segmentations?
B12. Define Human Resource Planning and indicate flow of its process?
PART-C
(Answer any Three questions) [3 x 5 = 15]
C1. Who is an Entrepreneur and what core competencies he should posses.
C2. What is Business environment and write about micro and macro environment?
C3. Write a short note on organization and its principles?
C4. What is Staffing and how process of staffing function takes place?
C5. Define venture capital and write a concept note on venture capital investment
process?
******************

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Course: ARM 321 –Agribusiness Management & Entrepreneurship (1+1)

I. Choose the Best Answer:

2. The book “A Concept of Agri-business” is written by

3. Which one is a basic function of management?

4. Lower level of management is also known as

5. Any business unit which is owned and controlled by a single individual is

6. Where first advanced Agribusiness management seminar was held?

8. Planning, Organizing, Staffing, Directing and Controlling was stated by

9. Selection of top executives and determination of overall organisation

10. Creating environment for work performance, coordinating departmental

11. Co-operative farming societies comes under which type of integration.

12. If wholesaler assumes retailing function also is called as

15. Management roles include-

II.Fill in the blanks: (15 Questions)

1. Shareholders are the _________ of the company

2. Agribusiness is always _________oriented

3. ___________an agreement between two or more persons.

4. ____________ is the sum total of operations involved like manufacture,

5. ____________ deals with the supply of inputs required by the farmers.

7. ____________ is the keyword given by Luther Gullick for Planning,

9. ___________ implies overseeing the work of subordinates by their

10. _____________ is the ultimate source of authority.

11. _______________means inspiring, stimulating or encouraging the sub-

12. _________deals in job assessment, merit ranking of jobs and making

13. ____________ management skill is ability to visualize most appropriate

14. The process of grouping the activities is commonly known as__________

III.1.Match the Following

a. Technical skill : i. Build a power base and connections

A. a - iii, b - iv, c - v, d - i, e- ii B. a - iii, b - v ,c - iv, d – i, e-ii

III.2.Match the Following

III.3.Match the Following

a Management By Objective : i. Haimann

Part – B: 2 mark questions

Read the following passage and answer the questions

3. Integration shows the relationship of firms. Agri-business sector provides

4. Human resource management is an important discipline in management.

5. The term “Levels of Management’ refers to a line of demarcation

8. Direction is a vital managerial function, performed by every manager.

9. Controlling implies measurement of accomplishment against the standards

I. Choose the correct answer

1. Father of scientific management

a) Elton Mayo b) Abraham Harold Maslow

c) Henry Fayol d) F.W. Taylor

2. Each subordinates should receive orders from one superior is known as

a) Authority b) Unity of direction

c) Unity of command d) Division of work

3. Tactical plans are prepared by

c) Operational-level d) both a & b

4. Example for Departmentation by time

a) Hospital b) Book publishing

c) Zonal offices d) Food products

5. Most widely accepted functions of management i.e. Planning, Organising,

a) Luther Gullick b) Henry Fayol

c) George and Jerry d) Koontz and O’ Donnel

6. Management by objectives was coined by Peter Drucker in the year

8. It is the process of passing information, experience, opinion, etc., from one

10. Top level management includes

a) Board of Directors b) Regional Manager

c) Chief Executive Officer d) Both a & c

11. Leaders wants to run show all by himself