Multiple Choice Questions (MCQ) on Business Management
51-In which of the following pricing strategy, the marketer charge maximum price on introducing a new product
(A) Penetration Pricing
(B) Going rate Pricing
(C) Skimmed Pricing
(D) Full Cost Pricing
52-Which of the following is not an operative function of HRM?
(A) Controlling
(B) Procurement
(C) Development
(D) Competition
53-Human Relations Approach was originated by:
(A) Henry Fayol
(B) Peter F Drucker
(C) Gantt
(D) Elton Mayo
54-Strategic HRM focus on:
(A) Results
(B) Action
(C) Planning
(D) Goal
55-Following is the set of all products and items that a seller offers to sell
(A) Product line
(B) Product Mix
(C) Product width
(D) Product Length
56-Follwing is the process of identifying the individual strength and weakness in order to better match his/her competency with the job
(A) Bench marking
(B) SWOT analysis
(C) Competency Mapping
(D) Training Need Analysis
57-___ is the method of analyzing and understanding interpersonal behavior.
(A) Personality Test
(B) Transactional Analysis
(C) Social Test
(D) Sensitivity Analysis
58-___ is the practice of measuring the quality of something by comparing it with something else of an accepted standard.
(A) Kaizen
(B) Total Quality Management
(C) Bench Marking
(D) Business Process Reengineering
59-___ explains the proper relationship between wages paid for different jobs within a company.
(A) External equity
(B) Internal equality
(C) External equality
(D) Internal equity
60-Which of the following do not fall under ‘4Ps’ suggested by McCarthy?
(A) Promotion
(B) Product
(C) Place
(D) Perfection
ANSWERS:
51-(C), 52-(A), 53-(D), 54-(D), 55-(B), 56-(D), 57-(B), 58-(C), 59-(B), 60-(D)