Business Management MCQs

Question 1

What does 'Hierarchy of Authority' means?
1. The lower levels have to pursue the goals laid down by higher levels.
2. The upper levels of hierarchy set the goals to be pursued.
3. The upper level can not take disciplinary action against subordinates.
4. The lower levels have freedom to carry out the operations.
Select the correct answer:

Accepted Answer

Both 1 and 2

Answer

Both 2 and 3

Answer

Both 3 and 4

Answer

Both 1 and 4

Question 2

The steps in planning process are jumbled up. Arrange them in correct sequence.
1. Specifying alternatives
2. Analysing alternatives
3. Goal setting
4. Elaborating plans and specifying details
5. Establishing standards for measurement
6. Maintaining communication
7. Maintaining a time perspective
8. Planning for unpredictable contingencies
9. Organising
10. Implementing
11. Ensuring participation
12. Follow-up, providing for flexibility

Accepted Answer

3, 5, 7, 1, 2, 4, 11, 6, 9, 10, 12, 8

Answer

3, 1, 7, 2, 4, 11, 6, 10, 9, 8, 12, 5

Answer

4, 3, 1, 6, 7, 9, 2, 5, 12, 8, 10

Answer

3, 7, 5, 2, 1, 11, 4, 9, 6, 10, 12, 8

Question 3

Which of the following statements are correct?
Coordination in the organisation means
1. removal of redundancy in the tasks and roles in the organisation.
2. removal of any conflict within the organisation.
3. securing the harmony in operations and different units in the organisation.
4. complete control of the activities of the employees.
Select the correct answer:

Accepted Answer

All of the above

Answer

Both 1 and 4

Answer

1, 2 and 3

Answer

2, 3 and 4

Question 4

Match List I management functions with their possible explanation List II . List-I List-II a. Controlling/Monitoring 1. Making optimum use of the resources required to enable successfully carrying out the plans b. Leading/Motivating 2. Deciding what needs to happen in future and generating plans for action c. Organising 3. Checking progress against plans, which may need modification based on feedback d. Planning 4. Getting others to play an effective part in achieving plans

Accepted Answer

a-3, b-4, c-1, d-2

Answer

a-1, b-2, c-3, d-4

Answer

a-4, b-1, c-3, d-2

Answer

a-3, b-4, c-2, d-1

Question 5

Which of the following statement(s) is/are correct?
Statement I Lack of proper management results in wastage of time and resources.
Statement II Management establishes a sound organisation by allocating the work to individuals.
Statement III Management is a science but not art.

Accepted Answer

Both Statements I and II

Answer

Only Statement I

Answer

Only Statement II

Answer

All of the above

Question 6

Find out correct answer regarding classical theory of organisation?
1. It throws focus on human beings as such.
2. It throws focus not on human beings as such but on the role.
3. It is normally the dominant set of work relationship.
4. All of the above
Select the correct answer:

Accepted Answer

Both 2 and 3

Answer

Both 1 and 2

Answer

Both 1 and 3

Answer

Only 4

Question 7

Match the following. List-I List-II a. Objective 1. Reveal priorities b. Strategies 2. Retreats c. Policies 3. Potential actions d. Periodical conduct of strategic management meeting 4. Mainly address repetitive/recurring situations

Accepted Answer

a-1, b-3, c-4, d-2

Answer

a-3, b-4, c-1, d-2

Answer

a-3, b-1, c-2, d-4

Answer

a-4, b-1, c-2, d-3

Question 8

Match the following. List-I (Theories) List-II (Developers) a. General principles of management 1. Max Weber b. Neo-classical theory 2. Fayol c. Classical theory 3. Elton Mayo d. Western electric company 4. Hawthorne studies

Accepted Answer

a-2, b-3, c-1, d-4

Answer

a-1, b-2, c-3, d-4

Answer

a-4, b-3, c-2, d-1

Answer

a-1, b-3, c-2, d-4

Question 9

Match the following. List-I (Statements) List-II (Approaches) a. Organisation has interconnected and interrelated elements 1. Decision theory approach b. Organisations work through motivation, leadership communication and participative management 2. Systems approach c. Management is essentially decision-making 3. Human behavior approach d. Appropriate managerial action depends on external environment, internal states and needs 4. Contingency approach

Accepted Answer

a-2, b-3, c-1, d-4

Answer

a-2, b-3, c-4, d-1

Answer

a-1, b-2, c-3, d-4

Answer

a-2, b-4, c-1, d-3

List-I	List-II
a. Controlling/Monitoring	1. Making optimum use of the resources required to enable successfully carrying out the plans
b. Leading/Motivating	2. Deciding what needs to happen in future and generating plans for action
c. Organising	3. Checking progress against plans, which may need modification based on feedback
d. Planning	4. Getting others to play an effective part in achieving plans

List-I	List-II
a. Objective	1. Reveal priorities
b. Strategies	2. Retreats
c. Policies	3. Potential actions
d. Periodical conduct of strategic management meeting	4. Mainly address repetitive/recurring situations

List-I (Theories)	List-II (Developers)
a. General principles of management	1. Max Weber
b. Neo-classical theory	2. Fayol
c. Classical theory	3. Elton Mayo
d. Western electric company	4. Hawthorne studies

List-I (Statements)	List-II (Approaches)
a. Organisation has interconnected and interrelated elements	1. Decision theory approach
b. Organisations work through motivation, leadership communication and participative management	2. Systems approach
c. Management is essentially decision-making	3. Human behavior approach
d. Appropriate managerial action depends on external environment, internal states and needs	4. Contingency approach