Quiz Space

May 2023 term · Strategies for Professional Growth · BSGN3001

SPG Quiz 2: 6 August 2023 (May 2023 term)

The IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 6 Aug 2023, in the May 2023 term: 28 questions for 40 marks in 120 minutes. Every question is below with its answer. Take it as a timed mock test to be marked, or read it through first.

Questions
28
Marks
40
Duration
120 min
Written
3
MCQ
25

Updated

Official paper: IIT M DEGREE AN3 EXAM QPE3 06 Aug 2023 · No negative marking.

Question 1

+5 marksWritten answer

Read the case study, then answer the given subquestions that follow in about 100-150 words each. Ensure your answers are supported with relevant content from the course and/or suitable examples.
Case: Southwestern Project: Communication Turmoil
Jack asked, “How is the Southwestern project coming along?” Ms. Lee said, “I need to talk to you about that.” “I don’t want to hear any excuses, just get this project done,” Jack yelled to Wei Lee. Ms. Lee said, “Fine. I quit. Do it yourself.” Ms. Lee is the senior project manager and is in charge of completing a customized training program for the firm’s largest client. Jack was hired from the outside just two months ago as vice president of training. Ms. Lee believes that her credentials are more appropriate and impressive than are Jack’s. Ms. Lee expected the job. She has no alternatives lined up. Jack has already earned a reputation for being harsh in a place where people formerly enjoyed working. The particular project in question includes extensive material/course manual preparation as well as classroom sessions. Before the interruption, Ms. Lee was attempting to communicate to Jack that the client had requested a significant variation from what was originally contracted. The good news that Ms. Lee had to share was that the client had agreed to double the fee.

How many rules for effective listening has Jack broken? (Answer in 100-150 words)

Show answer

A written answer, not marked automatically.

Question 2

+5 marksWritten answer

Read the case study, then answer the given subquestions that follow in about 100-150 words each. Ensure your answers are supported with relevant content from the course and/or suitable examples.
Case: Southwestern Project: Communication Turmoil
Jack asked, “How is the Southwestern project coming along?” Ms. Lee said, “I need to talk to you about that.” “I don’t want to hear any excuses, just get this project done,” Jack yelled to Wei Lee. Ms. Lee said, “Fine. I quit. Do it yourself.” Ms. Lee is the senior project manager and is in charge of completing a customized training program for the firm’s largest client. Jack was hired from the outside just two months ago as vice president of training. Ms. Lee believes that her credentials are more appropriate and impressive than are Jack’s. Ms. Lee expected the job. She has no alternatives lined up. Jack has already earned a reputation for being harsh in a place where people formerly enjoyed working. The particular project in question includes extensive material/course manual preparation as well as classroom sessions. Before the interruption, Ms. Lee was attempting to communicate to Jack that the client had requested a significant variation from what was originally contracted. The good news that Ms. Lee had to share was that the client had agreed to double the fee.

Can you suggest any alternative actions that would have been consistent with good
communication practices? (Answer in 100-150 words)

Show answer

A written answer, not marked automatically.

Question 3

+5 marksWritten answer

Read the case study, then answer the given subquestions that follow in about 100-150 words each. Ensure your answers are supported with relevant content from the course and/or suitable examples.
Case: Southwestern Project: Communication Turmoil
Jack asked, “How is the Southwestern project coming along?” Ms. Lee said, “I need to talk to you about that.” “I don’t want to hear any excuses, just get this project done,” Jack yelled to Wei Lee. Ms. Lee said, “Fine. I quit. Do it yourself.” Ms. Lee is the senior project manager and is in charge of completing a customized training program for the firm’s largest client. Jack was hired from the outside just two months ago as vice president of training. Ms. Lee believes that her credentials are more appropriate and impressive than are Jack’s. Ms. Lee expected the job. She has no alternatives lined up. Jack has already earned a reputation for being harsh in a place where people formerly enjoyed working. The particular project in question includes extensive material/course manual preparation as well as classroom sessions. Before the interruption, Ms. Lee was attempting to communicate to Jack that the client had requested a significant variation from what was originally contracted. The good news that Ms. Lee had to share was that the client had agreed to double the fee.

If you learned that Jack dislikes female professionals, what additional insight does that provide regarding communication difficulties between him and Ms. Lee? What might you suggest to Jack? (Answer in 100-150 words)

Show answer

A written answer, not marked automatically.

Question 4

+1 markOne correct option

Which of the following methods allows for comparing cash flows across time, either as what a future cash flow is worth today or what an investment made today will be worth in the future?

  1. A

    Marginal analysis

  2. B

    Simple interest

  3. C

    Time value of money

  4. D

    Compounding

Show answer

Correct answer

  • C

    Time value of money

Question 5

+1 markOne correct option

Which of the following categories do rent and mortgage payments fall under?

  1. A

    Long-term liabilities

  2. B

    Fixed expense

  3. C

    Short-term liabilities

  4. D

    Variable expense

Show answer

Correct answer

  • B

    Fixed expense

Question 6

+1 markOne correct option

Regarding recurring deposits, consider the following statements:
1. A fixed sum is deposited every month.
2. The period of deposit is a fixed tenure.
3. Interest is paid at a fixed deposit rate.
Which of the above statement(s) is/are correct?

  1. A

    1 only

  2. B

    1 and 2 only

  3. C

    2 and 3 only

  4. D

    1, 2 and 3

Show answer

Correct answer

  • D

    1, 2 and 3

Question 7

+1 markOne correct option

State whether the following statement is true or false:
“Savings accounts make great long-term investments because they provide excellent growth.”

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • B

    FALSE

Question 8

+1 markOne correct option

Which of the following is considered a very risky type of investment?

  1. A

    Certificates of deposit

  2. B

    Cryptocurrency

  3. C

    Bonds

  4. D

    Preferred stocks

Show answer

Correct answer

  • B

    Cryptocurrency

Question 9

+1 markOne correct option

For the conflict situations, identify the most appropriate conflict management style from the options given:
You have joined a committee to meet people and build professional relationships. Your interest in what the committee does is low. While serving on the committee, you make a recommendation that is opposed by another member. You realize that the conflict is trivial and step back to preserve harmony without confrontation. The other party is using a forcing style.

  1. A

    avoiding

  2. B

    accommodating

  3. C

    forcing

  4. D

    negotiating

  5. E

    collaborating

Show answer

Correct answer

  • A

    avoiding

Question 10

+1 markOne correct option

For the conflict situations, identify the most appropriate conflict management style from the options given:
You are on a task force that has to select new pieces of equipment for the office. It’s the brand, price, and service that people disagree on and hence requires optimal solution.

  1. A

    avoiding

  2. B

    accommodating

  3. C

    forcing

  4. D

    negotiating

  5. E

    collaborating

Show answer

Correct answer

  • E

    collaborating

Question 11

+1 markOne correct option

For the conflict situations, identify the most appropriate conflict management style from the options given:
You are a senior sales manager. Bhanu, one of your new salespeople, is trying to close a big sale. The two of you are discussing the next sales call she will make. You disagree with the strategy proposed by Bhanu to be used to close the sale. Due to your seniority, you decide to assert your perspective and direct the strategy for the upcoming sales call.

  1. A

    avoiding

  2. B

    accommodating

  3. C

    forcing

  4. D

    negotiating

  5. E

    collaborating

Show answer

Correct answer

  • C

    forcing

Question 12

+1 markOne correct option

For the conflict situations, identify the most appropriate conflict management style from the options given:
You’re already late and on your way to an important meeting. As you leave your office, at the other end of the work area you see Chaitanya, one of your employees, seems to be goofing off instead of working.

  1. A

    avoiding

  2. B

    accommodating

  3. C

    forcing

  4. D

    negotiating

  5. E

    collaborating

Show answer

Correct answer

  • A

    avoiding

Question 13

+1 markOne correct option

For the conflict situations, identify the most appropriate conflict management style from the options given:
You’re over budget for labour this month. It’s slow, so you ask Kashiful, a part-time employee, to leave work early. Kashiful tells you he doesn’t want to go because he needs the money. But Kashiful has been an exceptional employee thus far and you are willing to maintain a positive working relationship and retain a valuable employee.

  1. A

    avoiding

  2. B

    accommodating

  3. C

    forcing

  4. D

    negotiating

  5. E

    collaborating

Show answer

Correct answer

  • B

    accommodating

Question 14

+1 markOne correct option

Identify the behaviour in the question by their leadership style.
The manager is influencing the follower to do the job the way the leader wants it done.

  1. A

    job-centered

  2. B

    employee-centered

Show answer

Correct answer

  • A

    job-centered

Question 15

+1 markOne correct option

Identify the behaviour in the question by their leadership style.
The manager just calculated the monthly sales report and is sending it to all the sales representatives so they know if they met their quota.

  1. A

    job-centered

  2. B

    employee-centered

Show answer

Correct answer

  • A

    job-centered

Question 16

+1 markOne correct option

Identify the behaviour in the question by their leadership style.
The leader is saying a warm, friendly good morning to followers as they arrive at work.

  1. A

    job-centered

  2. B

    employee-centered

Show answer

Correct answer

  • B

    employee-centered

Question 17

+1 markOne correct option

Identify the behaviour in the question by their leadership style.
The manager is in his or her office developing plans for the department.

  1. A

    job-centered

  2. B

    employee-centered

Show answer

Correct answer

  • A

    job-centered

Question 18

+1 markOne correct option

Identify the behaviour in the question by their leadership style.
The leader seeks ideas from followers on a decision he or she has to make.

  1. A

    job-centered

  2. B

    employee-centered

Show answer

Correct answer

  • B

    employee-centered

Question 19

+1 markOne correct option

A team of five individuals was assigned a complex project that required diverse skills and expertise. Each team member had their own strengths and knowledge in specific areas. However, when they collaborated and combined their efforts, they were able to achieve remarkable results that exceeded their initial expectations.
Based on the given caselet, Which concept best represents the collaborative effect produced by the team, resulting in outcomes that surpassed the individual contributions?

  1. A

    Synergy

  2. B

    Social inhibition

  3. C

    Social loafing

  4. D

    Symbiosis

Show answer

Correct answer

  • A

    Synergy

Question 20

+1 markOne correct option

XYZ Corporation has recently implemented self-managed teams to improve operational efficiency and promote employee empowerment. The organization is keen on ensuring the effectiveness of these teams in achieving its goals.
Based on the given caselet, which of the following steps should managers AVOID taking to ensure the effectiveness of self-managed teams?

  1. A

    Empower teams with sufficient responsibility and autonomy.

  2. B

    Assign adequately complex tasks to the teams.

  3. C

    Evaluate and address the training needs of team members.

  4. D

    Direct supervision and control over the teams.

Show answer

Correct answer

  • D

    Direct supervision and control over the teams.

Question 21

+1 markOne correct option

Which of the following factors is crucial for successful change management and effective teamwork?

  1. A

    Open communication and transparent information sharing

  2. B

    Strict hierarchical structure and top-down decision-making

  3. C

    Individualistic approach among team members

  4. D

    Resistance to change and maintaining the status quo

Show answer

Correct answer

  • A

    Open communication and transparent information sharing

Question 22

+1 markOne correct option

Which type of group is exemplified by a group of workers coming together to interact socially, both during work hours and outside of work?

  1. A

    Formal group

  2. B

    Cross-functional group

  3. C

    Virtual team

  4. D

    Informal group

Show answer

Correct answer

  • D

    Informal group

Question 23

+1 markOne correct option

Which of the following strategies can help in connecting with your audience during a presentation?
1. Repeating a summary slide from your previous presentation.
2. Separating facts from opinions.
3. Pausing to enable a decision.
4. Explaining what is being shown.
5. Using familiar formats.
Select the correct options:

  1. A

    1 and 2 only

  2. B

    2, 3, and 4 only

  3. C

    1, 2, 3, and 5 only

  4. D

    1, 2, 3, 4, and 5

Show answer

Correct answer

  • D

    1, 2, 3, 4, and 5

Question 24

+1 markOne correct option

Which of the following is NOT included in emotional intelligence?

  1. A

    Self-awareness

  2. B

    Social awareness

  3. C

    Self-management

  4. D

    Self-concept

Show answer

Correct answer

  • D

    Self-concept

Question 25

+1 markOne correct option

Which of the following options best describes emotions?

  1. A

    Objective responses to experiences in our environment.

  2. B

    Subjective responses to experiences in our environment.

  3. C

    Physiological changes to experiences in our environment.

  4. D

    Behavioural changes to experiences in our environment.

Show answer

Correct answer

  • B

    Subjective responses to experiences in our environment.

Question 26

+1 markOne correct option

Ahmedi notices that her team member, Risan, seems to be feeling down and is not as engaged in his work as usual. She approaches him and asks if everything is alright. Risan opens up about some personal problems he's been facing. Ahmedi listens attentively, offers support, and suggests seeking professional help if needed.
Based on the given caselet, Which dimension of Emotional Intelligence is Ahmedi demonstrating in this scenario?

  1. A

    Self-awareness

  2. B

    Self-management

  3. C

    Self-concept

  4. D

    Empathy

Show answer

Correct answer

  • D

    Empathy

Question 27

+1 markOne correct option

Rajkishore is known for his optimistic outlook and positive feelings towards his colleagues, work, and organizational goals. He often expresses enthusiasm, shows appreciation for others' contributions, and maintains a positive mindset even in challenging situations.
Based on the given caselet,Which psychological construct refers to Rajkishore's positive or negative feelings about people, things, and issues?

  1. A

    Attitudes

  2. B

    Empathy

  3. C

    Beliefs

  4. D

    Traits

Show answer

Correct answer

  • A

    Attitudes

Question 28

+1 markOne correct option

State whether the following statement is true or false:
“Self-awareness relates to being conscious of your emotions and how they affect your personal and professional life.”

  1. A

    TRUE

  2. B

    FALSE

Show answer

Correct answer

  • A

    TRUE