Multiple Choice Questions on Business Management
13- Learning from mistakes is often more powerful than learning from________.
(A) Teacher
(B) Success
(C) School
(D) All of the above
14- What is the authority for the Strategic Business Unit (SBU) which is delegated to each person heading it, and can adapt quickly to any environmental change?
(A) Decision-making
(B) Intelligence
(C) Self motivated
(D) All of the above
15- Intelligence quotient is the measurement of one’s?
(A) Decision-making
(B) Intelligence
(C) Self-motivation
(D) All of the above
16- Being ________ requires high level of optimism and persistence despite rejection.
(A) Disciplined
(B) Self-Motivated
(C) Aligned
(D) All of the above
17- Under McKinsey’s 7S model, the soft S’s is (are):
(A) Style
(B) Staff
(C) Skills
(D) All of the above
18- The characteristic(s) of knowledge worker would be
(A) egoistic
(B) right conscious
(C) Both (A) and (B)
(D) none of the above
19- Successful consultants should promote their consultancy through what?
(A) Network
(B) Relations
(C) Experience
(D) Hard work
20- Under the role of management consultant, consultant acts as a
(A) Motivator
(B) Leader
(C) Counselor
(D) All of the above
21- The process of forecasting is based on
(A) Future trends
(B) Current analysis
(C) Past performance
(D) All of the above
22- Advantage of delegation of authority results in prompt ________.
(A) Decision-making
(B) Corrective action
(C) Both (A) and (B)
(D) None of the above
23- Maintaining discipline and ________ those who perform properly, is an element of direction.
(A) controlling
(B) rewarding
(C) directing
(D) all of the above
24- Managerial function of control is the ________ and correction of performance of various activities.
(A) measurement
(B) advancement
(C) managing
(D) all of the above
ANSWERS:
13-(B), 14-(A), 15-(B), 16-(B), 17-(D), 18-(C), 19-(A), 20-(D), 21-(D), 22-(A), 23-(A), 24-(A)