Management Sciences Quiz 4 Welcome to Shaheen Leader Academy We expect 100% result. Click on Start Button. Your time is Ended. Thanks Management Sciences Management Sciences Quiz 1 / 25 _________ is known as father of game theory:- Von Neumann Arnoff A K Erlang 2 / 25 __________ is known as symbolic model:- Iconic Analogue Mathematical 3 / 25 Which is an importance of  planning :- Reducing uncertainty Identifying alternatives critically Both a b 4 / 25 Financial policy is evaluated by :- Profit Margin Total assets turnover Debt equity ratio 5 / 25 The assignment problems can be used to maximise resources:- True False 6 / 25 What is the full form of TQM;- Typical quality Management Total quantity Management Total quality Management 7 / 25 Matrix Minima Method to find initial feasible solution to a TP is also called;- NWCM LCM VAM 8 / 25 Which ratios are interesting to short term creditors:- Liquidity ratios Market value ratio profitability Ratios 9 / 25 Which is not a principle by Henry Fayal :- Division of work Unity of command Harmony not discord 10 / 25 A minor can be an:- Surety Agent Partner 11 / 25 __________ is applied to determine optimal solution:- VAM NWCR MODI method 12 / 25 Who defined Operations Research as " the art of giving bad answers to problem which otherwise have worse answers":- H M Wanger H A Talha T L Saaty 13 / 25 Unity of command means one employee getting orders and instructions from one supervisor :- True False 14 / 25 Which type of learning is  management development concerned with ;- Multi skill development Specific job skill development Manual skill development 15 / 25 Finance is a vital for ______________ business activity:- Both of them Product pricing Marketing Research 16 / 25 Managing Director is the position of  ________ level of management in a large company;- Lower Top Middle 17 / 25 Which plan prescribes chronological steps for  performing activities ;- Rule Procedure Policy 18 / 25 ________ are representations of reality:- Phases Models None of these Both a, b 19 / 25 The depreciation under the diminishing balance method is:- Changed every year Constant every year Decrease every year 20 / 25 Directing functions of management embraces activities  of ;- issuing orders to subordinate Supervising subordinates all of them 21 / 25 ___________ is activity oriented network diagram:- CPM PERT Histogram 22 / 25 Game theory become popular when the Book " Theory of games and Economic Behavior" was published by____________:- Von Neumann Mc Closky both a, c Morgenstern 23 / 25 Operation Research has the characteristics that it is done by a team of;- Scientist Mathematicians Academicians Politicians 24 / 25 If income is calculated more than expenditure then :- Surplus Both a, b Difict 25 / 25 n simplex method, we add _________ in the case of constraint with sign = :- Slack variable Surplus variable Artificial variable Your score is Restart quiz Subscribe our Channel Here