Top 550+ Solved Business Management MCQ Questions Answer
Q. Which of the following wage and salary criteria refer to organizationally internal wage determinants?
a. Ability to pay
b. Supply and demand
c. Cost of living
d. Prevailing pay
e. Union bargaining power
Q. Queuing theory is associated with
a. Production time
b. Inventory
c. Sales
d. Inspection time
e. Waiting time
Q. Which of the following is the broadcast concept
a. Job description
b. Job analysis
c. Position description
d. Position specification
e. Job specification
Q. Which of the following is a multination corporation?
a. IBM
b. LST
c. DCM
d. Escorts
e. Rs. 17,50,500
Q. The advertisement cost is included
a. In fixed cost
b. Sometimes in fixed cost and sometimes in variable costs
c. Always in variable costs
d. Never included in variable costs
e. It is a separate head of costs
Q. If the price level rises with a marked change in real output this is known as
a. Inflation
b. Deflation
c. Devaluation
d. Revaluaion
e. Improved labour relations
Q. Which of the following cheque is encashable at any branch of the issuing bank?
a. Bearer cheque
b. Crossed cheque
c. Traveller's cheque
d. Order cheque
e. Rs. 17,50,500
Q. PERT stands for
a. Project estimation and return times
b. Planning estimation, review techniques
c. Project evaluation and review techniques
d. Puching edging and review techniques
e. Precise Estimation and Results Technique
Q. Upper limit for capital investment in small scale industries is
a. Rs. 10 lakhs
b. Rs. 15 lakhs
c. Rs. 35 lakhs
d. Rs. 50 lakhs
e. Rs. 17,50,500
Q. Demand for electricity is elastic because
a. It is very expensive
b. It has number of close substitutes
c. It has number of alternatives uses
d. All of the above
e. None of the above
Q. PERT is
a. Based on one time estimates
b. Synthesis in concepts
c. Used for repetitive works
d. Built of activities oriented programme
e. All of the above
Q. While estimating 'Economic Order Quantity' if uniform inflation rate is also taken into consideration as compared to conventional method
a. The lot size with inflation will reduce
b. The lot size with inflation will increase
c. There will be no change
d. Inventories are not related with inflation
e. None of the above
Q. Which one of the following is a 'free good' in economics?
a. Tap water
b. Water in canal
c. Water in Atlantic ocean
d. Distilled water
e. Soda-water
Q. Which cheque can be encashed by any one
a. Account payee cheque
b. Crossed cheque
c. Bearer cheque
d. none of the above
e. Rs. 17,50,500
Q. A monopolist makes maximum profits when
a. Prices are high
b. Production is maximum
c. Marginal cost is equal to marginal revenue
d. Sales are high
e. Buyers buy less