Top 550+ Solved Business Management MCQ Questions Answer
Q. Through routing the engineers decide in advance
a. The flow of material in the plant
b. The ways and means for proper utilization of manpower
c. The ways and means for proper utilization of machines
d. Inspection of final products
e. Normal route of workers through the plant
Q. Demand for a commodity is elastic when
a. Change in price causes greater change in its demand
b. Change in price does not change its demand
c. Change in National income causes change in demand
d. Any of the above
e. None of the above
Q. The largest source of revenue for state governments is generally
a. Entertainment tax
b. Sales tax
c. Land revenue
d. Excise duty
e. Rs. 17,50,500
Q. Who proposed that all human efforts can be measured in terms of a common unit partly composed of actual work and partly of compensating relaxation?
a. Emerion
b. Taylor
c. Gantt
d. Bedaux
e. None of the above
Q. Improving the work force overtime is the aim of
a. Recruitment
b. Selection
c. Human resource planning
d. Placement
e. Human resource auditing
Q. How an executive interprets facts and events in accordance with beliefs and assumptions is best described by his
a. Administrative acuman
b. Managerial philosphy
c. Executive profile
d. Leadership style
e. None of the above
Q. The shareholders have limited liability in case of a
a. cooperative
b. partnership firm
c. public limited company
d. All of the above
e. Rs. 17,50,500
Q. The term 'balance of trade' is associated with
a. imports and exports
b. taxation
c. gross profits of a company
d. budgeting
e. Rs. 17,50,500
Q. Motion study is not used for
a. Improving a work method by locating deficiencies
b. Improving a work method by assisting in adjusting the pattern of inter-relationships
c. Designing a work method through logical analysis and synthesis
d. Providing a schematic framework for organizing knowledge about the inter-relationships
e. Reducing inventory costs
Q. Process planning consists of
a. specifying product details
b. specifying quality standards
c. specifying details of work
d. none of the above
e. None of the above
Q. A bonus plan in which allowance is determined in terms of time for each unit of output instead of money is
a. hour-for-hour plan
b. group plan
c. Beedaux plan
d. none of the above
e. None of the above
Q. Public goods are different from private goods because
a. The government produces public goods, while private goods are produced by private persons
b. Public goods are preferred to private goods
c. The amount consumed by one does not affect the amount available for others
d. Private goods can be consumed only by private individuals while public goods can be consumed by government and private citizens
e. All of the above
Q. M.T.M. helps in
a. Establishing time standards
b. Estimating cost
c. Improving existing methods
d. Developing methods before the starting of production
e. All of the above
Q. Job enrichment means
a. Paying more for entry level jobs
b. providing further training in job skills
c. adding more tasks at the same level
d. adding some planning and control to a job
e. None of the above
Q. Barter system can work successfully when
a. people are fully educated
b. society is developed
c. wants are limited
d. demand is equal to supply
e. Rs. 17,50,500