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Latest Management Exam Question (Objective Questions), MCQ in English

Subjects : Management

Question Bank Management - English
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Management

Question 1Single Answer
Indicate the correct code for the scope of managerial economics from the following :
(a) Demand Analysis
(b) Production and Cost Analysis
(c) Pricing and Investment Decisions
(d) Factor pricing Decisions
(e) Economic Environmental Analysis
     Codes :
  1. A
    (a), (b), (c), (d)  
  2. B
    (b), (c), (d), (e)
  3. C
    (a), (b), (c), (e)  
  4. D
    (a), (c), (d), (e)
Question 2Single Answer
Which one of the following will be the appropriate pricing strategy for a new product expecting an expanding market?
  1. A
    Monopoly pricing
  2. B
    Skimming pricing
  3. C
    Penetrating pricing
  4. D
    Differential pricing
Question 3Single Answer
Match the items of the List-I with those of the List-II and suggest the correct code from the following :
      List-I                                  List-II
(a) Loss Leader               (i) Locational price differentials
(b) Unchanged Pricing     (ii) Products with high initial demands
(c) Basing Point Pricing   (iii) Product line pricing     
(d) Skimming Pricing       (iv) Oligopoly pricing
    Code :
  1. A
    (a)    (b)    (c)    (d)
    (i)    (ii)    (iii)    (iv)
  2. B
    (iii)    (iv)    (i)    (ii)
  3. C
    (iv)     (ii)    (i)    (iii)
  4. D
    (iii)    (i)    (ii)    (iv)
Question 4Single Answer
In case the firm makes varying investments on the different investment projects, the appropriate project evaluation technique would be, which one of the following?
  1. A
    Average annual rate of return technique
  2. B
    Pay back period technique
  3. C
    Net present value technique
  4. D
    Profitability index technique
Question 5Single Answer
According to Henry Fayol, which one of the following combinations of qualities are required in a manager?
  1. A
    Physical, mental, experience, educational and conceptual.
  2. B
    Technical, human, conceptual, mental and moral.
  3. C
    Physical, mental, moral, educational, technical and experience
  4. D
    Mental, moral, conceptual, educational, technical and experience.
Question 6Single Answer
Neo-classical organisation theory emphasises on which one of the following?
  1. A
    Flat structure of organisation
  2. B
    Tall structure of organisation.
  3. C
    Coordination by hierarchy
  4. D
    Unity of command
Question 7Single Answer
According to Graicuna’s formula of span of management, if a superior has three subordinates, what number of cross-relationships would be?
  1. A
    three   
  2. B
    six
  3. C
    nine  
  4. D
    eighteen
Question 8Single Answer
In Reddin’s Tridimensional Grid’, which one of the following is a less effective style of leadership?
  1. A
    Developer    
  2. B
    Missionary
  3. C
    Executive   
  4. D
    Bureaucrat
Question 9Single Answer
Assertion (A) : Attribution theory is based on relationship between personal perception and interpersonal behaviour.
Reasoning (R) : Since most ‘whys’ are not directly observable, people must depend upon cognitions, particularly perception.
Codes :
  1. A
    (A) is right but (R) is wrong.
  2. B
    (A) is wrong but (R) is right.
  3. C
    Both (A) & (R) are right but (R) doesnot explain (A).
  4. D
    Both (A) & (R) are right and (R) explains (A).
Question 10Single Answer
Arrange the following steps of training and development process in the right sequence :
(a) Need analysis
(b) Validation
(c) Evaluation
(d) Implement the programme
(e) Instructional design
  1. A
    (a), (e), (d), (c), (b)  
  2. B
    (a), (e), (c), (b), (d)
  3. C
    (a), (e), (b), (d), (c)  
  4. D
    (a), (b), (e), (c), (d)
Question 11Single Answer
The following is the demand function :
Q =100-5P
What will be the point price elasticity of demand at price 10?
  1. A
    2.00
  2. B
    1.00
  3. C
    0.85
  4. D
    0.50
Question 12Single Answer
Match the items of List-1 with the items of List-2  and select the code of correct matching :
List-1
(a) sales revenue maximization
(b) maximization of a firm's growth rate
(c) maximization of managerial utility function
(d) Satisficing behaviour model
List-2
(1) Williamson's model
(2) Cyert-March Hypothesis
(3) Baumol's Theory
(4) Marri's Theory
  1. A
    Codes:
    (a)   (b)   (c)   (d)
    (3)   (4)   (1)   (2)
  2. B
    (1)  (2)  (4)  (3)
  3. C
    (2)  (3)  (1)  (4)
  4. D
    (4)  (3)  (2)  (1)
Question 13Single Answer
Assertion (A) : the perceived risk of operating a domestic firm in international environment is much higher.
Reason (R) : the international environment is more volatile and the domestic firm generally does not have full information about the environment.
  1. A
    Codes :
    Both (A) and (R) are correct.
  2. B
    Both (A) and (R) are incorrect.
  3. C
    (A) is correct while (R) is incorrect.
  4. D
    (A) is incorrect while (R) is correct.
Question 14Single Answer
Statement-1 : the accept-reject approach is adopted generally when a firm has a large amount of funds to invest in several projects at the same time.
Statement-2 : Both the NVP and the IRR methods of investment appraisal are based on discounted cash flow approach.
  1. A
    Both the statements are correct.
  2. B
    Both the statements are incorrect.
  3. C
    Statement-1 is correct while statement-2 is incorrect.
  4. D
    Statement-1 is incorrect while statement-2 is correct.
Question 15Single Answer
Which process is used by a person (perceiver) to deal with conflicting messages and conflicting data?
  1. A
    Halo effect
  2. B
    The process of checking
  3. C
    Perceptual defence
  4. D
    The process of reacting
Question 16Single Answer
The basic Emphasis of________ theory of organisational design is on flat structure, decentralization and provision of informal organisation.
  1. A
    Neo-classical theory
  2. B
    Modern Theory of systems approach
  3. C
    Matrix organisation theory
  4. D
    Classical Theory
Question 17Single Answer
The result variables as the component of mathematical model for measuring system's effectiveness and efficiency in management science include_________
  1. A
    Measures of performance
  2. B
    Measures of effectiveness
  3. C
    Payoffs and outcomes
  4. D
    All the above
Question 18Single Answer
Assertion (A) : Reinforcement plays a central role in the learning process.
Reason (R) : Reinforcement strengthens the response preceding it and induces repetitions of the response.
  1. A
    Codes :
    Both (A) and (R) are correct.
  2. B
    (A) is correct and (R) is the right explanation of (A)
  3. C
    (A) is correct but (R) is incorrect.
  4. D
    Both (A) and (R) are incorrect.
Question 19Single Answer
Most job descriptions contain sections that cover.
  1. A
    Responsibilities and duties
  2. B
    Job summary
  3. C
    Working conditions
  4. D
    All of the above
Question 20Single Answer
Match the items of List-1 with the items of List-2 The items related to evoluation and follow-up of training process.
List-1
(a) Results
(b) Learning
(c) Reaction
(d) Behaviour
List-2
(1) Document the learner's immediate response to the training.
(2) Note supervisor's reactions to learner's performance following completion of the training.
(3) Use feedback devices or pre and post tests to measure what learners have actually gained.
(4) determine the level of improvement in job performance.
  1. A
    Codes :
    (a)  (b)  (c)  (d)
    (3)  (2)  (1)  (4)
  2. B
    (4)  (3)  (1) (2)
  3. C
    (1)  (2)  (3)  (4)
  4. D
    (4)  (1)  (3)  (2)
Question 21Single Answer
Which one of the following assumptions is not related to consumer behaviour based on the Cardinal utility approach ?
  1. A
    Rationality
  2. B
    Diminishing marginal utility of money
  3. C
    Utility cardinally measurable
  4. D
    Maximization of satisfaction with limited money income
Question 22Single Answer
Statement 1 : a rectangular hyperbola shaped demand curve has uniform slopes on all its points.
Statement 2 : If the price elasticity is equal to Unity, the marginal revenue corresponds to zero.
  1. A
    Codes :
    both the statements are correct.
  2. B
    both the statements are incorrect.
  3. C
    statement 1 is correct while Statement 2 is incorrect.
  4. D
    Statement 1 is incorrect while Statement 2 is correct.
Question 23Single Answer
Match the items of list-1 with the items of list-2 and find the correct combination :
List-1 (Market Structure)
(a) Perfect competition
(b) Oligopoly
(c) Monopoly
(d) Monopolistic competition
List-2 (Nature of industry where prevalent)
(1) Aluminium and passenger cars
(2) public utilities like telephones and electricity
(3) manufacturing : T.V sets, refring-erators
(4) Farm Products : Grains
  1. A
    Codes :
    (a)  (b)  (c)  (d)
    (1)  (2)  (3)  (4)
  2. B
    (4)  (1)  (2)  (3)
  3. C
    (3)  (4)  (1)  (2)
  4. D
    (2)  (3)  (4)  (1)
Question 24Single Answer
Statement-1 : In general, the MVP and IRR methods lead to the some acceptance or rejection decision when a single project is involved.
Statement-2 : The inconsistency in ranking of competing projects as per the NVP and IRR methods lies in the implicit assumptions with regard to different rates of returns on re-investment of intermediate cash flows.
  1. A
    Codes :
    both statements are.
  2. B
    both statements are incorrect.
  3. C
    Statement-1 is correct while Statement-2 is incorrect.
  4. D
    Statement-1 is incorrect while Statement-2 is correct.
Question 25Single Answer
Which one of the following is not covered in macro-economics?
  1. A
    performance of the entire economy
  2. B
    price and output determination of a commodity
  3. C
    factors and forces of Economics fluctuations
  4. D
    Monetary and fiscal policies
Question 26Single Answer
Match the below mentioned aspects with their main behavioural disciplines :
Aspects
(a) Leadership and stress
(b) Group conflict management
(c) Cross-culturalanalysis
(d) Power
Behavioural discipline
(1) Psychology
(2) Anthropology
(3) Sociology and Psychology
(4) Political Science
  1. A
    Codes :
    (a)  (b)  (c)  (d)
    (4)  (1)  (2)   (3)
  2. B
    (2)  (3)  (1)  (4)
  3. C
    (1)  (4)  (2)  (3)
  4. D
    (4)  (2)  (3)  (1)
Question 27Single Answer
The operant conditioning on learning approach to behaviour is based on............
  1. A
    Law or Reinforcement
  2. B
    Law of effect
  3. C
    Law of reproduction
  4. D
    Law of expectations
Question 28Single Answer
The principles by which the process of perceptual organisation works was first identified by Max wertheimer in the year.........
  1. A
    1918 
  2. B
    1933
  3. C
    1924 
  4. D
    1923
Question 29Single Answer
The..........Leadership theory of............ describes that effective group performance depends on the proper match between the leader's style if interacting with his subordinates and the degree to which the situation gives control and influence to the leader.
  1. A
    'Iowa State Leadership Studies';
  2. B
    Ronald Luppitt and Ralph K. White
  3. C
    'Managerial Grid'; Blake and Mouton
  4. D
    'Trait Theory'; Stodgill and Barnard
  5. E
    'Contingency Model'; Fred Fielder
Question 30Single Answer
when one  individual or group wins at the expense of another individual or group, it is termed as..........
  1. A
    Zero-sum conflict
  2. B
    Non-zero sum conflict
  3. C
    Line-staff conflict
  4. D
    Formal-informal conflict
Question 31Single Answer
If the demand for using the Noida Express way is given by :
Q = 40,000 - 2500 P
Where Q is the number of users (vehicles) and P is the amount of toll collected per unit who uses the express way. In light of this information which of the following is true :
  1. A
    At P = Rs.6 and Q = 14000; demand is price inelastic.
  2. B
    At P =  Rs.7 and Q = 16,500; demand is unitary elastic.
  3. C
    At P = Rs. 4 and Q = 9500; demand is Price elastic.
  4. D
    All of the above
Question 32Single Answer
If a 100 % scale -efficient plant has 92 % technical efficiency and 88.5 % allocative -efficiency, thrn its overall efficiency will be :
  1. A
    88.5 %
  2. B
    90.25 %
  3. C
    93.0 %
  4. D
    81.42 %
Question 33Single Answer
The market share data for an industry, comparison five companies, it's given below :
Company.                       Market Share (%)
 A.                                       35
 B.                                        25
 C.                                        18
 D.                                        12
E.                                       10
This  industry's three- firms Herfindahl-Hirschman index shall be :
  1. A
    0.234
  2. B
    0.217
  3. C
    0.151
  4. D
    0.0175
Question 34Single Answer
For an economy which consists of single automobile maker and that in Year 2014, 30000 vehicles are produced with an average price of 500000 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4 % greater automobile production and 8% inflation.
  1. A
    4.0 %
  2. B
    12.0 %
  3. C
    6.0 %
  4. D
    12.32 %
Question 35Single Answer
Demand Policies targeted to reduce the unemployment become ineffective in presence of the following :
  1. A
    Vertical Phillips curve
  2. B
    Money Illusion and ignorance among workers
  3. C
    Horizontal Phillips curve
  4. D
    None of the above
Question 36Single Answer
An individual's involvement with, satisfaction and enthusiasm for, the work he does, is knows as :
  1. A
    Employee engagement
  2. B
    Job involvement
  3. C
    Job satisfaction
  4. D
    Organisational commitment
Question 37Single Answer
which of the following is not pereceived as the basic element of motivation ?
  1. A
    Direction
  2. B
    Intensity
  3. C
    Performance
  4. D
    Persistence
Question 38Single Answer
A theory of motivation that is concerned with the beneficial effects of intrinsic motivation and the harmful effectz of extrinsic motivation, is termed as :
  1. A
    Cognitive Evaluation Theory
  2. B
    Self -efficiency Theory
  3. C
    Self- determination Theory
  4. D
    Two -factor Theory
Question 39Single Answer
Match the item of list-I with those of List-II
  List-I.                              List-II
Behavioural Science.            Contribution
A. anthropology.                   (i) Attitude change
B. Psychology.                    (ii) Attitude measurement
C. Social Psychology.          (iii) Conflict
D. Sociology.                       (iv) Organisational culture
  1. A
    Codes :.    
    (a).         (b).          (c).           (d)
    (i).         (ii)           (iii)            (iv)
  2. B
    (iv)          (ii).           (i).            (iii)
  3. C
    (iv)          (ii).           (iii).           (i)
  4. D
    (ii)           (ii).           (iii).            (i)
Question 40Single Answer
A relatively stable set of characteristics that influence and individual's behaviour is known as :
  1. A
    Attitude
  2. B
    Learning
  3. C
    Perception
  4. D
    Personality 
Question 41Single Answer
In the market- oriented system, for the allocation of resources which one the following is the most appropriate convevyor of information ?
  1. A
    Finance Ministry
  2. B
    Central Bank
  3. C
    Market Price
  4. D
    Advertisement Expenditure 
Question 42Single Answer
A company supplies 20 units of a particular products per month, at a price of Rs 10 per unit. Is price elasticity of supply is 5, how many units would be company supply at a price of Rs 15 ?
  1. A
    50
  2. B
    70
  3. C
    40
  4. D
    5
Question 43Single Answer
Which characteristic is not likely to be a part of perfect competition ?
  1. A
    Absence of indepence
  2. B
    Deadweight loss is non-existent
  3. C
    Strong rivalry
  4. D
    Absence of advertisement
Question 44Single Answer
Match the items given in List-I and List-II by considering which of the following are macroeconomic issues and which are macroeconomic ones :
           List-I.                                                                      List-II
a. The level of government revenue.                         (i) Microeconomic
b. The rate of inflation                                                (ii) Microeconomic
c. The price of T.V. set
d. The amount saved last year by households
  1. A
    Codes :
    (a).             (b).            (c).             (d)
    (ii).              (i).             (i).             (ii)
  2. B
    (ii).             (i).             (ii).             (i)
  3. C
    (i).             (ii).            (ii).             (ii)
  4. D
    (ii).           (ii).             (i).             (ii)
Question 45Single Answer
In the recent years, World economy has witnessed the unfluence of unconventional monetary policy of the U.S.A. This policy stanse is known as :
  1. A
    Bank rate
  2. B
    Taylor rule
  3. C
    Reserve Requirement
  4. D
    Quantitative easing
Question 46Single Answer
Rita, a young enthusiastic manager has joined an organisation as a Project coordinator.  The project head counsels her to socialize less with non- management employees; whereas the product head tells her to learn more about market issues. She should socialize more with the non-management employees. Rita is confused, she is facing :
  1. A
    Inter-role conflict
  2. B
    Intra-role conflict
  3. C
    Interdepartmental conflict
  4. D
    Hierarchical Conflict
Question 47Single Answer
List-I consists of Motivation theories and List-II consists of the Motivation theorists. You have to match them and indicate the correct match as per code :
    List - I.                                        List-II
a. Two-factor theory                            (i) David McClrlland
b. ERG theory.                                  (ii) Fredrik Herzberg
c.Theory X and Therory Y.                  (iii) Douglas McGrrgor
d. Need theory.                                 (iv) Clayton Alderger
  1. A
    Codes :
    (a).             (b).            (c).             (d)
    (ii).              (iv).             (iii).             (i)
  2. B
    (i).              (ii).             (iii).             (iv)
  3. C
    (i).              (iv).            (ii).             (iii)
  4. D
    (iv).            (iii).             (ii).             (i)
Question 48Single Answer
The conflict over content and goals of the work is called :
  1. A
    Functional conflict
  2. B
    Process conflict
  3. C
    Relationship conflict
  4. D
    Task conflict
Question 49Single Answer
............. theory of motivation ignores the inner state of the individual and concentrate solely on what happen when he or she take some action :
  1. A
    Equity
  2. B
    Expectancy
  3. C
    Goal- setting
  4. D
    Reinforcement
Question 50Single Answer
In the "Big Five" personality factors widely accepted personality traits are mentioned. The trait of being dependable, organised, conforming and persevering on tasks is called :
  1. A
    Extroversion
  2. B
    Conscientiousness
  3. C
    Agreeableness
  4. D
    Emotional stability 
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