BASICS ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ Bootlegging.
Answer: Informal work on projects, other than those officially assigned, of
employees' own choosing and initiative
◍ Termination interview.
Answer: A discussion between a manager and an employee about the
employee's dismissal
◍ Universalism.
Answer: The ethical system stating that all people should uphold certain
values that society needs to function
◍ Cost competitiveness.
Answer: Keeping costs low to achieve profits and be able to offer prices that
are attractive to consumers
◍ Demographics.
Answer: Measures of various characteristics of the people who make up
groups or other social units
◍ Contingency plans.
Answer: Alternative courses of action that can be implemented based on
how the future unfolds
◍ Management.
Answer: The process of working with people and resources to accomplish
organizational goals
◍ Mentors.
, Answer: Higher-level managers who help ensure that high-potential people
are introduced to top management and socialized into the norms and values
of the organization
◍ Learning organization.
Answer: An organization skilled at creating, acquiring, and transferring
knowledge, and at modifying its behavior to reflect new knowledge and
insights
◍ Budgeting.
Answer: The process of investigating what is being done and comparing the
results with the corresponding budget data to verify accomplishments or
remedy differences; also called budgetary controlling
◍ Union shop.
Answer: An organization with a union and a union security clause
specifying that workers must join the union after a set period of time
◍ Deming's 14 Points of Quality Management.
Answer: 1. Create constancy of purpose for improving products and
services.2.Adopt the new philosophy.3. Cease dependence on inspection to
achieve quality.4. End the practice of awarding business on price alone;
instead, minimize total cost by working with a single supplier.5. Improve
constantly and forever every process for planning, production and service.6.
Institute training on the job.7. Adopt and institute leadership.8. Drive out
fear.9. Break down barriers between staff areas.10. Eliminate slogans,
exhortations and targets for the workforce.11. Eliminate numerical quotas
for the workforce and numerical goals for management.12. Remove barriers
that rob people of pride of workmanship, and eliminate the annual rating or
merit system.13. Institute a vigorous program of education and
self-improvement for everyone.14. Put everybody in the company to work
accomplishing the transformation.
◍ High-involvement organization.
Answer: A type of organization in which top management ensures that there
is consensus about the direction in which the business is heading
,◍ Psychological contract.
Answer: A set of perceptions of what employees owe their employers, and
what their employers owe them
◍ Path-goal theory.
Answer: A theory that concerns how leaders influence subordinates'
perceptions of their work goals and the paths they follow toward attainment
of those goals
◍ Balanced scorecard.
Answer: Control system combining four sets of performance measures:
financial, customer, business process, and learning and growth
◍ Defenders.
Answer: Companies that stay within a stable product domain as a strategic
maneuver
◍ Brainstorming.
Answer: A process in which group members generate as many ideas about a
problem as they can; criticism is withheld until all ideas have been proposed
◍ Needs assessment.
Answer: An analysis identifying the jobs, people, and departments for which
training is necessary
◍ Shapers.
Answer: Companies that try to change the structure of their industries,
creating a future competitive landscape of their own design
◍ Managing diversity.
Answer: Managing a culturally diverse workforce by recognizing the
characteristics common to specific groups of employees while dealing with
employees as individuals and supporting, nurturing, and utilizing their
differences to the organization's advantage
◍ Gatekeeper.
Answer: A team member who keeps abreast of current developments and
, provides the team with relevant information
◍ Ethical responsibilities.
Answer: Meeting other social expectations, not written as law
◍ After-action review.
Answer: A frank and open-minded discussion of four basic questions aimed
at continuous improvement
◍ Autocratic leadership.
Answer: A form of leadership in which the leader makes decisions on his or
her own and then announces those decisions to the group
◍ Coalitional model.
Answer: Model of organizational decision making in which groups with
differing preferences use power and negotiation to influence decisions
◍ Nonprogrammed decisions.
Answer: New, novel, complex decisions having no proven answers
◍ Sustainability.
Answer: The effort to minimize the use of resources, especially those that
are polluting and nonrenewable
◍ Strategic vision.
Answer: The long-term direction and strategic intent of a company
◍ Corporate governance.
Answer: The role of a corporation's executive staff and board of directors in
ensuring that the firm's activities meet the goals of the firm's stakeholders
◍ What is the purpose of examining archetypes in a case study?.
Answer: Examining archetypes helps to find a suitable model that can guide
problem-solving efforts based on established systemic patterns.
◍ Collaboration.
Answer: A style of dealing with conflict emphasizing both cooperation and
assertiveness to maximize both parties' satisfaction