Business Management MCQs

✅ The correct answer is option A.
Time-event network is PERT. The Program Evaluation and Review Technique ( PERT) is a network model that allows for randomness in activity completion times.

✅ The correct answer is option A.
Exchange of messages through spoken words is oral communication. Oral communication is the process of expressing information or ideas by word of mouth.

✅ The correct answer is option C.
Business organization gives importance to people and their relationships. A business organization is an entity aimed at carrying on commercial enterprise by providing goods or services, to meet needs of the customers.

✅ The correct answer is option B.
Verification of financial statements is internal audit. Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. They ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

✅ The correct answer is option B.
Leadership behaviour is influenced by certain qualities of a person is Trait theory. The trait theory of leadership is an early assumption that leaders are born and due to this belief, those that possess the correct qualities and traits are better suited to leadership. This theory often identifies behavioural characteristics that are common in leaders.

✅ The correct answer is option C.
The study relating to the movement of a machine operator and his machine while performing the job is called motion study. Method Study is a technique which analyses each operation of a given piece of work very closely in order to eliminate unnecessary operations and to approach the quickest and easiest method of performing each necessary operation. It includes the standardization of equipment, methods and working conditions, and training of the operator to follow the standard method.

✅ The correct answer is option A.
Leadership is the activity of influencing people to strive willingly for mutual objectives – The definition is given by George R Terry.

✅ The correct answer is option C.
Porter and Lawler model of motivation is primary to managers. The Porter and Lawler theory of motivation is based on the assumption that rewards cause satisfaction and that sometimes performance produces reward. They hypothesize that the relationship between satisfaction and performance is linked by another variable rewards.

✅ The correct answer is option C.
According to Maslow, physiological needs is a lower level needs. Physiological needs deal with the maintenance of the human body. This lowest category includes the most basic needs that are vital to survival, such as the need for water, air, food, and sleep.

✅ The correct answer is option A.
MBO was introduced by Peter F drucker. Management by objectives (MBO), also known as management by results (MBR), was first popularized by Peter Drucker in his 1954 book The Practice of Management.