Top 550+ Solved Business Management MCQ Questions Answer
Q. In retractional flow system in plant layout
a. Material is transferred from one machine to another without having to move again along the same path
b. The flow is repeated for completing non-consecutive operations
c. Materials fed at one end and components leave at the other end
d. The feeding to and ejection from the line is at the same end
e. The flow of material is in zig-zag path
Q. EOQ stands for
a. Elements of quality control
b. Elimination of quality inspection
c. End of quality inspection stage
d. Economic order quantity
e. None of the above
Q. The amount deducted from the salary of workers towards Employees Provident Fund is
a. Retained by employer
b. Deposited in bank
c. Deposited in Post office
d. Deposited in the account of workers with employer
e. Deposited in the account of workers with Provident Fund Commissioner
Q. In break even analysis the total cost consists of
a. fixed cost
b. Variable cost
c. Fixed cost + Variable cost
d. Fixed cost + Variable cost + Profits
e. Fixed cost + Variable cost + Profits + Overheads
Q. Which of the following represents joint supply?
a. Paan Parag and Paan Bahar
b. Cigarettes and Bidis
c. Radiosets and Transistors
d. Birds and Cages
e. Rs. 17,50,500
Q. The disadvantage of product layout is
a. High initial investment is required for the specialized facilities
b. Skill labour is required to operate general purpose machinery
c. Production time is longer, requiring more goos in prices
d. Cost of inspection is very high
e. Production control is complex and costly
Q. Which of the following is the characteristic of national income distribution of India?
a. Great income inequalities
b. Inequality in sharing consumption
c. Regional disparities in growth and development
d. All of the above
e. Rs. 17,50,500
Q. In work study the symbol O implies
a. Delay
b. Operation
c. Transport
d. Inspection
e. Temporary storage
Q. Which of the following is not an advantage of large scale production?
a. Cheap production
b. Latest use at technology
c. Full opportunities for exhibition of creative art
d. All of the above
e. None of the above
Q. All of the following are the characteristics of mixed economy EXCEPT
a. Co-existence of private and public sectors
b. Economic welfare
c. Economic equality
d. Govt. control over huge capital investment industries
e. Rs. 17,50,500
Q. Control of production is done through
a. scheduling
b. follow up
c. dispatching
d. none of the above
e. None of the above
Q. Training current workers new skills may be best thought of as
a. Time consuming
b. Downgrading
c. Retraining
d. Inefficient
e. Benevolent
Q. Which does not apply to the point system?
a. Stability of rating scale
b. Worker acceptance
c. Valid
d. Quickly constructed
e. Reliable
Q. Mixed economy is identified by
a. Lack of competition
b. co-existence of public and private sectors
c. vigorous competition
d. rising trend in prices
e. Rs. 17,50,500
Q. Human resource action programmes are commonly found in which of the following areas
a. Labour relations - collective bargaining
b. Training development
c. Recruitment selection
d. Benefits and compensation
e. All of the above