Business Management MCQs

✅ The correct answer is option A.
All decision-making power is centralized in the leader is under autocratic style. The autocratic leader typically follows certain characteristics including: Retains all power, authority, and control, and reserves the right to make all decisions. Distrust of their subordinate’s ability, and closely supervise and control people under them.

✅ The correct answer is option A.
The person who sends a message is known as Sender. In the communication process, the sender is the individual who initiates a message and is also called the communicator or source of communication.

✅ The correct answer is option A.
Rules, duties and responsibilities or workers are given in writing in formal organization. The formal organization is basically goal-oriented entity that exist to accurate the efforts of individuals and it refers to the structure of jobs and positions with clearly defined functions, responsibilities and authorities.

✅ The correct answer is option A.

✅ The correct answer is option C.
Making assignments, issuing orders and instructions, providing guidance and inspiration to subordinates for the achievement of organizational objective is called Directing. Directing refers to a process or technique of instructing, guiding, inspiring, counselling, overseeing and leading people towards the accomplishment of organizational goals.

✅ The correct answer is option A.
Maslow’s hierarchy of needs is a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid. Needs lower down in the hierarchy must be satisfied before individuals can attend to needs higher up. From the bottom of the hierarchy upwards, the needs are: physiological, safety, love and belonging, esteem and self-actualization.

✅ The correct answer is option C.
Construction of fly over is an example of project. Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters

✅ The correct answer is option B.
Supply of human and material resources and helps to achieve the objective of business is organisation. An organization or organisation is an entity comprising multiple people, such as an institution or an association, that has a particular purpose.

✅ The correct answer is option A.
Increase sales by 10% is an example of objective. Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

✅ The correct answer is option D.
Fixation of standards, measurement of performance, comparison, and correction of deviation are the steps in control process. The control process involves carefully collecting information about a system, process, person, or group of people in order to make necessary decisions about each.