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.

1721. The right of a person to give instructions to his subordinates is known as_________.

A. responsibility
B. authority
C. accountability
D. line authority
✅ The correct answer is option B.
The right of a person to give instructions to his subordinates is known as authority. Authority, in simple words, is the right way of commanding subordinates, issuing orders and instructions, and exacting obedience from the team. It is also the right of the manager to make decisions. Also, to act or not to act depends on how he perceives the objectives of the organization.

1722. Which of the following is true for small businesses in relation to strategic planning?

A. It belongs in all organizations
B. It is too expensive
C. It only belongs in large organizations
D. The benefits are too long term
✅ The correct answer is option A.
It belongs in all organizations is true for small businesses in relation to strategic planning. Strategic planning is a process in which organizational leaders determine their vision for the future as well as identify their goals and objectives for the organization.

1723. The scope of human resource management includes

A. Production
B. Marketing
C. Inventory management
D. Training & Development
✅ The correct answer is option D.
The scope of human resource management includes Training & Development. Training and Development is a subsystem of an organization which emphasize on the improvement of the performance of individuals and groups. Training is an educational process which involves the sharpening of skills, concepts, changing of attitude and gaining more knowledge to enhance the performance of the employees.

1724. Sales letters start with

A. An easy and effective way
B. An attention-getting device
C. A smooth story
D. Buffer
✅ The correct answer is option B.
Sales letters start with an attention-getting device. To get through, your sales letter needs to be good, different, professional and relevant. Use the five-second rule when designing direct sales letters opening statements and headlines.

1725. The Recognition may be shown in the form of

A. A pat on the back of employee
B. Promotion
C. Assignment of more interesting tasks
D. All of the above
✅ The correct answer is option D.
The Recognition may be shown in the form of a pat on the back of employee, Promotion and Assignment of more interesting tasks.

1726. Type of Eurodollars deposits denominated in banks outside United States is classified as

A. mutual certificate of deposit
B. euro dollar certificate of deposit
C. expansionary certificate of deposit
D. euro dollar contraction deposit
✅ The correct answer is option B.
Type of Eurodollars deposits denominated in banks outside United States is classified as euro dollar certificate of deposit. A Eurodollar certificate of deposit (Eurodollar CD) is a negotiable dollar-denominated time deposit issued by a U.S. bank located outside the United States or by a foreign bank located abroad.

1727. The followers themselves take decisions for which they get authority under

A. positive style
B. negative style
C. free rein style
D. democratic style
✅ The correct answer is option C.
The followers themselves take decisions for which they get authority under free rein style. Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Mangers set objectives and employees are free to do whatever is appropriate to accomplish those objectives.

1728. Which is not a domain of Artificial Intelligence?

A. Intelligent Agents
B. Expert System
C. Both A & B
D. None of the above
✅ The correct answer is option C.
Intelligent Agents and Expert System is not a domain of Artificial Intelligence. Artificial intelligence (AI), the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings.

1730. Prices that are adjusted day to day to picture current conditions of futures markets are classified as

A. market future prices
B. market to market prices
C. market to invest prices
D. present market prices
✅ The correct answer is option B.
Prices that are adjusted day to day to picture current conditions of futures markets are classified as market to market prices. Mark to market (MTM) is a measure of the fair value of accounts that can change over time, such as assets and liabilities. Mark to market aims to provide a realistic appraisal of an institution’s or company’s current financial situation.
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