Top 550+ Solved Business Management MCQ Questions Answer
Q. Standing orders act provides for penalties for
a. Failure of an employer to submit the draft standing orders for certification
b. Modifications of standing orders not in accordance with the prescribed procedure
c. Doing any act in contravention of the certified above
d. (A) and (B) above
e. (A), (B) and (C) above
Q. Safety guards on machines should be
a. always in position
b. Put in position while using machine
c. Used if operator desires
d. Never used
e. Used if time permits
Q. Statistics show that the vast majority of all accidents result from
a. Technical causes
b. Human causes
c. Environmental causes
d. A combination of human, technical and environmental causes
e. None of the above
Q. The best source of revenue for States in India is
a. Sales tax
b. Customs duty
c. Income from lotteries
d. Excise duty
e. Entertainment tax
Q. The price of diamonds is higher than the price of wheat because
a. Diamonds are much heavier than wheat
b. Diamonds are more useful than wheat
c. The total stock of diamonds is more useful than the total stock of wheat
d. Diamonds cannot be grown whereas wheat can be grown
e. Enough people have a higher subjective value of diamonds relative to wheat
Q. Which of the following is not a factor management which must weight when deciding to establish particular kind of employee benefit
a. Cost
b. Need
c. Productivity
d. Union power
e. Ability to pay
Q. Planning and control departments normally do not consist of
a. Planning cell
b. Control cell
c. Inventory section
d. Printing section
e. Quality section
Q. The disadvantage of process layout system is
a. The initial investment is high
b. Machine failures and job difficulties seriously disrupt production schedules
c. The scope of production facilities is limited
d. Production time is longer, requiring more goods in process
e. High initial investment is required
Q. If the electric supply is not available in a factory the workers will show it as
a. Delay
b. Deliberate delay
c. Avoidable delay
d. Unavoidable delay
e. None of the above
Q. A process layout is generally suggested for
a. Jobbing work
b. Batch production
c. Continuous type of production
d. Efficient machine utilization ratio
e. None of the above
Q. Indian Railways are a
a. joint sector undertaking
b. public sector undertaking
c. departmental operation
d. private sector undertaking
e. Rs. 17,50,500
Q. The financial position of a company is considered to be sound if
a. Sufficient funds are available under reserve and surplus
b. Company has declared good dividends in the past
c. Sales are increasing
d. Gross profit is reasonable
e. The company has no loans outstanding
Q. The sign of a country's development is
a. More and more industries
b. Higher standard of living
c. Higher per capita income
d. More means of transport
e. All of the above
Q. Which one is not a component of process?
a. Operation
b. Inspection
c. Storage
d. Disassemble
e. Quality section
Q. Capital expenditure means
a. Expenses incurred in capital
b. Main expenditure
c. Recurring expenditure
d. Expenditure on procurement of fixed assets
e. None of the above