Top 550+ Solved Principles of Management MCQ Questions Answer
Q. Relationship between revenues and expenses is given by
a. Audit
b. Breakeven point Analysis
c. Profit and loss budget
d. PERT
Q. State a tool to evaluate Project execution and completion time.
a. Time Budget
b. Functional Budget
c. Variable Budget
d. PERT
Q. Economic Productivity= --------------------
a. Output/input
b. Value/Cost
c. Input/Output
d. Cost/Value
Q. Physical Productivity= ------------------------------------
a. Output/input
b. Cost/Value
c. Amount of product/resources
d. Value of Product /resources
Q. Economic Productivity=---------------------------------------------
a. Output/input
b. Cost/Value
c. Amount of product/resources
d. Value of Product /resources
Q. An Example of Direct Control --------------------------------
a. Authority
b. Responsibility
c. Credit policy
d. Documentation
Q. --------------------------------- is a preventive control
a. Authorization
b. Credit Policy
c. Fiscal policy
d. All of the above
Q. Management Information System deals with -----------------------------
a. Document Preparation
b. Record Keeping
c. Business Planning
d. All of the Above
Q. State the basic principle behind Pareto diagrams.
a. 80/20 rule
b. Scientific Method of tracking
c. Visualization of Process
d. None of the above
Q. State the basic principle behind Control charts and Scatter Plot.
a. 80/20 rule
b. Scientific Method of tracking
c. Visualization of Process
d. None of the above
Q. Give an example of the chart that has boundary lines or limits.
a. Pareto Diagrams
b. Control Charts
c. Process Mapping
d. Cause and Effects diagrams
Q. Fishbone diagrams are called as ------------------------------------
a. Scatter Plots
b. Control Charts
c. Pareto Diagrams
d. Cause and Effects Diagrams
Q. The limitation in Operations Research is--------------------------------
a. Data Collection
b. Formulating Control and Objectives
c. Validating Model and output
d. Formulating human behavior
Q. Among the following businesses, which business offers full control over foreign markets?
a. Exporting
b. FDI
c. Licensing
d. Franchising