MCQ on Business Management
1-Advertising is always :
(a) Salesmanship
(b) Personal
(c) Impersonal
(d) Imaginative
2-Which one is the most effective way to tackling the problem of defectives in a manufacturing concern ?
(a) SQC
(b) Correlation
(c) Regression
(d) None of these
3-JIT stands for :
(a) Just in Trick
(b) Joy in Time
(c) Just in Today
(d) Just in Time
4-CPM stands for :
(a) Critical Path Method
(b) Cyclical Path Method
(c) Critical Problem Method
(d) Critical Path Marketing
5-At EOQ, sum of carrying cost and ordering cost is :
(a) Maximum
(b) Minimum
(c) Double of carrying cost
(d) Double of ordering cost
6-Business ethics deals primarily with :
(a) Social responsibility
(b) The pricing of products and services
(c) Being unfair to the competition
(d) Moral obligation
7-Which one of the following is not the duty of employer to the employee ?
(a) Wages
(b) Health and Safety
(c) Family matters of employees
(d) Occupational Safety and Health Administration
8-Check the wrong among the following myths about business ethics :
(a) Business ethics is more a matter of religion than management.
(b) Ethics can be managed.
(c) Business ethics and social responsibility both are same.
(d) Managing ethics at the work place has little practical relevance.
9-High growth, high market share businesses are :
(a) Stars
(b) Cash Cows
(c) Question Mark
(d) None of these
10-The five forces business strategy model associated with the name of :
(a) Boston consulting group
(b) M.E. Porter
(c) Ansoff
(d) None of these
11-Which one of the following is concerned with ‘Agency’ problem ?
(a) Divorce between management and ownership of company.
(b) Growing number of business agents.
(c) Failure of government agencies.
(d) None of these
12-Which concept of statistics relates to the concept of risk in Financial Management ?
(a) Median
(b) Standard Deviation
(c) Mean
(d) Correlation
13-β (Beta) is more than one for
(a) Risk free Assets
(b) Defensive Assets
(c) Aggressive Assets
(d) It is always more than one.
14-On the basis of PI, project will be selected if :
(a) PI = 1
(b) PI > 1
(c) PI < 1
(d) PI = 0
15-Which one is concerned with economics of mergers ?
(a) Economies of Scale
(b) Synergy
(c) Fast Growth
(d) All of these
16-Which one of the following is determinant of working capital ?
(a) Nature of Industry
(b) Sale
(c) Credit Policy
(d) All of these
17-Which of the following is the next stage after concept stage of product planning and development ?
(a) Idea Stage
(b) Product Planning Stage
(c) Product Development Stage
(d) Test Marketing Stage
18-The process of gathering information about trends is called :
(a) Need for Achievement
(b) Tenacity
(c) Scanning the Environment
(d) Neuroticism
19-Which one of the following is alternatively called Corporate Venturing ?
(a) Entrepreneurship
(b) Intrapreneurship
(c) Act of starting new venturing
(d) Offering new products by an existing company
20-Competitive Model was coined by :
(a) Michael E. Porter
(b) P.F. Drucker
(c) Philip Kotler
(d) Koontz
21-The concept of scatter diagram is related to :
(a) Correlation
(b) Probability
(c) Investment
(d) Capital
22-Recognise the parameters of binomial distribution :
(a) n
(b) p
(c) both n and p
(d) None of these
23-What is true about normal distribution ?
(a) It is bell shaped.
(b) It is the basis of all parametric tests.
(c) It is also called Gaussian distribution.
(d) All of the above
24-The value of Karl Pearson co-efficient of correlation lies between :
(a) 0 to 1
(b) 0 to –1
(c) –1 to +1
(d) None of the above
25-Which one comes under non-probability sampling ?
(a) Consecutive Sampling
(b) Judgment Sampling
(c) Snowball Sampling
(d) All of the above
26-Recognise the theorem of probability :
(a) Additive theorem of probability
(b) Multiplication theorem of probability
(c) Both (a) and (b)
(d) None of these
27-‘t’ test is used for which type of sample ?
(a) Large sampling
(b) Small samples
(c) For larger and smaller samples
(d) None of these
28-Under the following which one is the determinant of dividend policy ?
(a) Dividend Payout Ratio
(b) Owner’s Considerations
(c) Inflation
(d) All of the above
ANSWERS:
1-(c), 2-(a), 3-(d), 4-(a), 5-(a), 6-(d), 7-(c), 8-(b), 9-(a), 10-(b), 11-(a), 12-(b), 13-(c), 14-(b), 15-(a), 16-(c), 17-(b), 18-(c), 19-(b), 20-(a), 21-(a), 22-(c), 23-(d), 24-(c), 25-(d), 26-(c), 27-(b), 28-(d)