Classical

Business Management - Business Management MCQ

1:  
Consider the following statements:
Planning involves
1. Forecasting
2. Choice among alternative courses of action.
3. Wishful thinking
4. Decision only by production manager 
Of these statements:
A.

1, 2, 3 and 4 are correct

B.

1, 3 and 4 are correct

C.

1 and 2 are correct

D.

2 and 3 are correct

 
 

Option: C

Explanation :


2:  
Overall and strategic planning is done by the
A.

Top management

B.

Middle level management

C.

Supervisory level management

D.

All of the above

 
 

Option: A

Explanation :


3:  
If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of
A.

Division of authority

B.

Decentralisation of authority

C.

Delegation of authority

D.

Delegation of responsibility

 
 

Option: C

Explanation :


4:  
Consider the following basic steps involved in the process of control:
1. Identifying the strategic control points
2. Establishment of the standards
3. Measuring performance against standards
4. Correcting deviations from the standards
A.

1,4,3,2

B.

1,2,3,4

C.

2,1,3,4

D.

2,3,1,4

 
 

Option: B

Explanation :


5:  
An organisation structure is effective if it enables individuals to contribute to the objectives of the enterprise. This is known as
A.

Scalar principle

B.

Principle of functional definition

C.

Principle of unity of objectives

D.

None of the above

 
 

Option: C

Explanation :




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  • Business Management objective type questions answers can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
  • This section contains Business Management  Questions Answers.
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  • Business Management questions answers can be used in the preparation of ugc net exams.
  • This section can also be used by management students for improving their knowledge in Business Management.
  • These mcq can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Business Management.