Multiple Choice Questions (MCQ) on Business Management

Multiple Choice Questions (MCQ) on Business Management

1-Acceptable standard of behavior within a group that are shared by the group members

(A) Policies

(B) Norms

(C) Status

(D) None of the above


2-Which of the following concept says that the consumers will favor those products that are available widely at low cost?

(A) Production concept

(B) Selling Concept

(C) Product Concept

(D) Marketing Concept


3-Which of the following is true with regards to ‘Bin Card’?

(A) It records value only

(B) It records value and quantity

(C) It records quantity only

(D) None of the above is true


4-Average Stock Level is calculated with which of the following formula?

(A) Minimum stock + ½ Reorder quantity

(B) Minimum stock + ¼ Reorder quantity

(C) Minimum stock + Reorder quantity

(D) Minimum stock + (Reorder quantity x Reorder Time)


5-Adjusting one’s behavior to align with the norms of the group

(A) Group cohesiveness

(B) Group Conflict

(C) Conformity

(D) None of the above


6-In ‘ABC’ analysis of stock control, which of the following is true with regards to ‘C’ category goods

(A) They have tight control

(B) They have less tight control

(C) They have no control

(D) They have simplest possible control


7-Special Drawing Right (SDR) is related to which of the following institution?






8-Audit note book is maintained by whom?

(A) Client’s clerk

(B) Auditor

(C) Client

(D) Audit clerk


9-Which of the following is the formula to calculate workers wage under Halsey Premium Plan?

(A) T x R + %( S-T-R)

(B) T x R + %S (T-R)

(C) T x R + %( S-T) R

(D) (T – R) + %( S-T) R


10-Expand MBTI

(A) Mary-Brigg Thematic Index

(B) Myers-Ben Test Indicator

(C) Myers-Briggs Type Indicator

(D) Mary-Brigg Thematic Indicator



1-(B), 2-(C), 3-(C), 4-(A), 5-(C), 6-(D), 7-(C), 8-(D), 9-(C), 10-(C)