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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📘 Human Resource Management (HRM) MCQs
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📘 Management Accounting MCQs
📘 Management Information System (MIS) MCQs
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1621. Variable cost per unit is multiplied to quantity of sold units to calculate

A. per unit cost
B. variable cost
C. fixed cost
D. multiple cost
✅ The correct answer is option B.
Variable cost per unit is multiplied to quantity of sold units to calculate variable cost. A variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company’s production volume; they rise as production increases and fall as production decreases.

1622. A constraint in an LP model becomes redundant because.

A. Two iso-profit line may be parallel to each other
B. The solution is unbounded
C. This constraint is not satisfied by the solution values
D. None of the above
✅ The correct answer is option D.
A redundant constraint is a constraint that can be omitted from the system without changing the set of feasible solutions S. An implicit equality constraint is an inequality constraint that can be replaced by an equality constraint without changing S.

1623. The purpose of a mission statement is to declare all of these except

A. a reason for being
B. an annual financial plan
C. a statement of purpose
D. a statement of beliefs
✅ The correct answer is option B.
The purpose of a mission statement is to declare all of these except an annual financial plan. The sole purpose of a mission statement is to serve as a company’s goal/agenda, it outlines clearly what the goal is.

1624. In Eurodollar market, increase in demand of Euro dollars results in

A. increase in LIBOR
B. decrease in LIBOR
C. increase in KIBOR
D. decrease in KIBOR
✅ The correct answer is option A.
In Eurodollar market, increase in demand of Euro dollars results in increase in LIBOR. Deposits from overnight out to a week are priced based on the fed funds rate. Prices for longer maturities are based on the corresponding London Interbank Offered Rate (LIBOR).

1626. Difference between price of underlying asset and exercise price of option is classified as

A. extrinsic value of European option
B. intrinsic value of option
C. extrinsic value of option
D. intrinsic value of European option
✅ The correct answer is option B.
Difference between price of underlying asset and exercise price of option is classified as intrinsic value of option. The intrinsic value of an option represents the current value of the option, or in other words how much in the money it is. When an option is in the money, this means that it has a positive payoff for the buyer.

1627. The process of dividing the large monolithic functional organization into small and flexible administrative units is called ________.

A. staffing
B. delegation
C. departmentation
D. control
✅ The correct answer is option C.
The process of dividing the large monolithic functional organization into small and flexible administrative units is called departmentation. Departmentation is a process of dividing the large monolithic functional organization into smaller and flexible administrative units.

1628. Plant and equipment are examples of

A. long term fixed assets
B. short term fixed assets
C. short term working capital
D. long term working capital
✅ The correct answer is option A.
Plant and equipment are examples of long term fixed assets. The term fixed assets generally refers to the long-term assets, tangible assets used in a business that are classified as property, plant and equipment.

1630. The human resource management functions aims at

A. ensuring that the ‘human resources possess, adequate capital, tool equipment and material to perform the job successful
B. helping the Organisation deal with its employees in different stages of employment
C. improving an Organisation’s creditworthiness among financial institutions
D. Ensuring financial & Marketing Stability
✅ The correct answer is option B.
The human resource management functions aims at helping the Organisation deal with its employees in different stages of employment. Human Resource Management typically means to engage, improve and preserve sufficiently capable employees, to implement the activities essential to achieve organizational aims.
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