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.

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92. Delegation made by written orders and instruction is known as _________.

A. oral delegation
B. written delegation
C. downward delegation
D. sideward delegation
✅ The correct answer is option B.
Delegation made by written orders and instruction is known as written delegation. Delegation is an administrative process of getting things done by others by giving them responsibility. All important decisions are taken at top level by Board of Directors.

93. The mathematical model of an LP problem is important because.

A. It helps in converting the verbal description & numerical data into mathematical expression
B. Decision-makers prefer to work with formal models
C. It captures the relevant relationship among decision factors
D. It enables the use of algebraic technique
✅ The correct answer is option A.
The mathematical model of an LP problem is important because it helps in converting the verbal description & numerical data into mathematical expression. Linear programming (LP, also called linear optimization) is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.

94. Leadership theory which explains that a leader is strongly affected by the situation in which he works is

A. Followers theory
B. Trait theory
C. Situational theory
D. Managerial grid
✅ The correct answer is option C.
Leadership theory which explains that a leader is strongly affected by the situation in which he works is Situational theory. The situational leadership theory refers to those leaders who adopt different leadership styles according to the situation and the development level of their team members. It is an effective way of leadership because it adapts to the team’s needs and sets a beneficial balance for the whole organization.

95. Eurobonds are traded in

A. only in issuing country
B. stagnant exchange
C. telephonic market
D. over counter market
✅ The correct answer is option D.
Eurobonds are traded in over counter market. Like stocks, after issuance in the primary market, bonds are traded between investors in the secondary market. However, unlike stocks, most bonds are not traded in the secondary market via exchanges. Rather, bonds are traded over the counter (OTC).

96. The ________ refers to the various companies that are involved in moving a product from its manufacturer into the hands of its buyer.

A. Distribution chain
B. Network chain
C. Supply chain
D. Promotion network
✅ The correct answer is option A.
The Distribution chain refers to the various companies that are involved in moving a product from its manufacturer into the hands of its buyers. The path through which goods and services travel from the vendor to the consumer or payments for those products travel from the consumer to the vendor. A distribution channel can be as short as a direct transaction from the vendor to the consumer, or may include several interconnected intermediaries along the way such as wholesalers, distributers, agents and retailers.

99. How many type of price discriminations are there?

A. 1
B. 3
C. 2
D. 4
✅ The correct answer is option B.
In commerce there are three types of price discrimination that exist. The exact price discrimination method that is used depends on the factors within the particular market.

First degree price discrimination: the monopoly seller of a good or service must know the absolute maximum price that every consumer is willing to pay and can charge each customer that exact amount. This allows the seller to obtain the highest revenue possible.
Second degree price discrimination: the price of a good or service varies according to the quantity demanded. Larger quantities are available at a lower price (higher discounts are given to consumers who buy a good in bulk quantities).
Third degree price discrimination: the price varies according to consumer attributes such as age, sex, location, and economic status.

100. What are the five principle dimensions to judge service quality?

A. Reliability, responsiveness, assurance, empathy, tangibles
B. Reliability, response, assurance, empathy, tangibles
C. Reliability, responsiveness, assurance, empathy, targets
D. Reliability, responsiveness aspects, empathy, tangibles
✅ The correct answer is option A.
Reliability, responsiveness, assurance, empathy and tangibles are the five principle dimensions to judge service quality.
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