Management

Enhance your preparation with the latest Management MCQs with answers and explanations for exams, interviews, and job tests. Our collection covers key topics including principles of management, organizational behavior, human resource management, marketing, finance, operations, strategic management, and business ethics. These Management multiple-choice questions are designed for students, competitive exam aspirants, and professionals preparing for NTS, PPSC, FPSC, CSS, PMS, MBA entrance tests, and recruitment assessments. Strengthen your management knowledge and problem-solving skills with our updated Management MCQs.

1. Cost allocation base used by an operating manager is classified as

A. machine hours
B. flexible hours
C. variable hours
D. fixed hours
✅ The correct answer is option A.
Cost allocation base used by an operating manager is classified as machine hours. A machine-hour is a measurement used to apply factory overhead to manufactured goods. It is most applicable in machine-intensive environments where the amount of time spent in processing by a machine is the largest activity upon which overhead allocations can be based.

3. Which arises from mans quest for social satisfaction

A. formal organization
B. informal organization
C. business organisation
D. strategic organization
✅ The correct answer is option B.
Informal organization arises from mans quest for social satisfaction. An informal organization is the social structure of the organization, as opposed to the formal structure of an organization. It establishes how an organization functions from a practical standpoint.

4. The basic role of promotion is _________.

A. Information
B. Manipulation
C. Communication
D. Interpretation
✅ The correct answer is option C.
The basic role of promotion is Communication. Promotion is all about communication because promotion is the way in a business makes its products known to the customers, both current and potential. The main aim of promotion is to ensure that customers are aware of the existence and positioning of products.

6. The bond markets are important because.

A. they are easily the most widely followed financial markets in the United States
B. they are the markets where foreign exchange rates are determined
C. they are the markets where interest rates are determined
D. they are the markets without risk
✅ The correct answer is option C.
The bond markets are important because they are the markets where interest rates are determined. The bond market broadly describes a marketplace where investors buy debt securities that are brought to the market by either governmental entities or publicly-traded corporations. National governments generally use the proceeds from bonds to finance infrastructural improvements and pay down debts.

8. An example of financial perspective in balanced scorecard is

A. employee turnover rates
B. operating capabilities and number of patents
C. operating income and revenue growth
D. customer satisfaction and market share
✅ The correct answer is option C.
An example of financial perspective in balanced scorecard is operating income and revenue growth. For organisations that do not have shareholders, the financial perspective indicates how well the strategy and operations contribute to improving the organisation’s financial health.

9. Items that are purchased routinely, do not become part of the final physical product, and are treated like expense items rather than capital goods are called

A. Raw materials
B. Major equipment
C. Accessory equipment
D. Component parts
✅ The correct answer is option C.
Items that are purchased routinely, do not become part of the final physical product, and are treated like expense items rather than capital goods are called Accessory equipment. Accessory equipment needs to be used in the production process in any business firm.

10. Bill of Lading is issued by the:

A. captain of the vessel
B. shipping company
C. customs authorities
D. consignor
✅ The correct answer is option B.
Bill of Lading is issued by the shipping company. A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.
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