Top 1000+ Solved Fundamentals of Economics and Management MCQ Questions Answer
Q. What kind of training program is most appropriate for a simple task?
a. On-the-job training
b. vestibule training
c. laboratory training
d. job rotation
Q. Which leadership theory suggests that management style should adapt itself to changingcircumstances?
a. Contingency theory
b. Delegation theory
c. Autocratic theory
d. Participatory theory
Q. According to Abraham Maslow, the most elevated type of need is _____.
a. Self-actualization
b. Physiological
c. Esteem
d. Safety
Q. Mr. (A) is a manager in a manufacturing company, he attempts to establish a culture of quality affecting the attitudes and actions of every employee and relies on a workforce that wants to improve quality. He focuses on establishing:
a. Total Quality Management
b. Knowledge management
c. Operations Management
d. Management of Information System
Q. Ali is working in XYZ Company; he desires to get himself secure from crimes, company layoffs and otheradverse impacts. We can say that he fulfils the ----------------- need.
a. Self Actualization
b. Social need
c. Esteem
d. Safety
Q. In -------------- theory management assumes that employees may be ambitious, self-motivated, and anxious to accept greater responsibility, and exercise self-control, self-direction, autonomy and empowerment.
a. Theory Y manager
b. Theory X manager
c. Theory Z manager
d. All of the above
Q. ------------------- roles involve people and other duties that are ceremonial and symbolic in nature.
a. Informational.
b. Interpersonal.
c. Decisional.
d. All of the given options.
Q. ----------------- is the use of scientific method to define the “one best way” for a job to be done.
a. Scientific management
b. Bureaucratic management
c. Administrative management
d. Management
Q. The planning process can be used to promote _______________ inorganization
a. Advancement
b. Technologies
c. Innovation
d. Discoveries
Q. The study of people in relation to their fellow human beings is ___________
a. Psychology
b. Sociology
c. Anthropology
d. All of the given options
Q. Which management concept suggests that low-importance decisions be handled by subordinates, sothat managers can focus on high-importance decisions?
a. management by objective
b. management by exception
c. Participatory management
d. inclusionary management
Q. Getting work done with a minimum of effort, expense or waste is the definition of _________
a. Effectiveness.
b. Management
c. Planning.
d. Efficiency
Q. _____________ are mathematical models that describe the operating characteristics of queuing situations.
a. Waiting line models
b. Simulation models
c. Decision trees
d. All of the given options
Q. Managers having the least authority and are at the lowest level in the hierarchy of the organization arecalled______________
a. Middle level managers
b. Top level managers
c. First-line managers
d. None of the given options