Management MCQ Solutions
Management MCQ Solutions
. 1. What is central focus of all marketing activities? a. Supplier b. Money lender c. Seller d.
Customer
3. Who professed X and Y theory of motivation? a. Abraham Maslow b. Henry Fayol c. F.W.Taylor
d. Mc. Gregor.
4. How many function of of management described under the catch word “PODSCORB”?
a. 8 b. 7 c. 5 d. 6.
9. Which of the following functions of an organization consists of all activities directly related
to production of a good or service? a.Operations b. Marketing c. Accounting d.
Finance
13. One of the earliest and most enduring descriptions of managerial roles comes from ?
a. Henry Mintberg b. P.F. Drucker c. Adam smith d. Jack welsh.
14. Which one of the following is not the main concern of production management? a.
Mechanistic tools b. Production c. Efficiency d. Rationality.
15. Scientific management theory was proposed by a. Elton Mayo b. P.F.Drucker c. F.W.
Taylor d. E.W. Taylor.
16. Management is the art of a. Profit making b. Getting things done by people
c. Influencing the supplier d. influencing the competitors.
17. TQM stands for a. Total Quantity Management b. Total Quantity of Material
c. Total Quality Management d. Total Quality of Maintenance.
18. Division of work promotes a. Customers satisfaction b. Employees satisfaction c.
Employees dissatisfaction d. Specialisation.
19. When authority flows from top executive to lower level employees, is known as
a. Staff organization b. Line organisation c. Matrix organisation d. Project organisation.
20. Which one of the following correctly explains the qualitative forecasting technique?
21. Which one of the following refers to the volume of output at which total cost equals total
revenue?
a. Optimal operating rate b. Break even point c. Feasible volume d. Utilization
22. Which one of the following techniques uses historical data to predict future value of a
variable of interest?
a. Time series method b. Causal forecasting method c. Qualitative forecasting method
d. Intuitive forecasting method
23. Which of the following refers to the essential elements of operations strategy?
a. Policies, tactics and objectives b. Plans, strategies and vision c. Mission, goals and
plans d. Mission, policies and distinctive competencies
24. Which one of the following formulae can be used to compute break even point?
a. Q = VC / (R - VC) b. Q = FC / (R - VC) c. Q = VC / (R + FC) d. Q = FC / (R + VC)
28. Which among the following is not a tool for demand forecasting ?
a. Regression analysis b. Moving average method c.Simplex method d. Exponential
smoothing method.
29. Which one is not the elements of marketing mix? a. Packing b. Price c. Place d. Product.
30. Goodwill is a a. Fixed assets b. Current assets c. Fictitious assets d.Wasting assets.
31. Excess of current assets over current liabilities is termed a. Total capital b. Floating capital
c. Working capital d. Debt capital.
32. The Trade Union Act passed in the year a) 1926 b. 1956 c. 1896 d) 1930.
33. Many organization fail because of a. Poor planning b. Poor SWOT analysis c. Unavailable
skilled employee d. Systems approach to management.
34. EOQ stands for a. Economic Order Quantity b. Excess Order Quantity c. Exempted order
Quantity d. None of these.
35. Fayol concentrated on a. Top level b) Shop level c) Middle level d) Lower level
36. Who described the function of management under a catchword PODSCORB. a. Mc.
Gregor b. Luther Gullick c. Elton Mayo d. P.F Drucker
38. An event at which an activity terminates is called a. End event b. Succeeding event
c. Critical event d. none of these.
39. CPM networks are –---- oriented a. Event b. Activity c. Time d. None of these.
40. If input decrease while output remains constant, what will happen to productivity?.
a. Increase b. Decrease c. remain constant d. Whatever may be.
41. Which among the following is a type of control chart variables? a. C-chart b. P-chart
c. X Bar- chart d. U – chart.
45. The brand choice is heavily influenced by reference group in which stage of Product life
cycle?
a. Introduction b.Growth c. Maturity d.Decline
46. What type of control chart is used to monitor the number of defects per unit?
a. p-chart
b. R-chart
c. c-chart
d. x-bar chart
47. A project has three paths: A—B—C has a length of 25 days. A—D—C has a length of 15
days. A—E—C has a length of 20 days. Which of the following statements is correct?
a. A—D—C is the critical path.
b. A—B—C has the most slack.
c. The expected duration of the project is 25 days.
d. The expected duration of this project is 60 days.
48. The major components of marketing mix are
a. Product b. Price c. Place d. All of the above
3- Who said, “Management is a multiple purpose organ that manages a business, manages a
manager and manages workers and work”?
(A) Harold Konntz
(B) Peter Drucker
(C) Kenneth O ‘Donell
(D) Anonymous
7- Who is the person you have to give importance under the company’s checklist before making
call to the consultant.
(A) Managers
(B) Employees
(C) Customer
(D) All of the above
8- What is one of the most significant inhibitors in customer preference while purchasing
perishable items in retail?
(A) Proximity of markets
(B) Customer preference to brands
(C) Both (A) and (B)
(D) None of the above
9- The objectives in corporate governance are
(A) Growth
(B) Stability
(C) Shareholders value maximization
(D) All of the above
33-The demand for a product is ________ when price cut causes revenue to increase.
(a)Income elastic
(b)Price elastic
(c)Cross elastic
(d)None of the above
37-When the market is run by a small number of firms that together control the majority of market
share is known as
(a)Oligopoly
(b)Duopoly
(c)Oligopsony
(d)Perfect competition
42-What is the location of lower control limit in the X bar-R control chart?
(a) 3 standard deviations below central line
(b) 2 standard deviations below central line
(c) 1 standard deviations below central line
(d) Any of the above
43-Which photographic technique is used to record path of motions of the members of the body
during method study?
(a) Acrograph
(b) Cyclograph
(c) Cyclogram
(d) Cycloscope
44-The term ________ implies the foregone profit due to inability of company to produce.
(a) Opportunity cost
(b) Marginal cost
(c) Overhead cost
(d) All of the above
45-In case of an OC curve, the risk of rejecting a good quality lot may vary between ________.
(a) 0.01 to 5%
(b) 0.01 to 10%
(c) 0.01 to 15%
(d) 0.01 to 20%