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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1731. Scalar chain means ________.

A. hierarchy levels
B. chain of command
C. delegation of authority
D. span of control
✅ The correct answer is option A.
Scalar chain means hierarchy levels. The concept of hierarchy is a universal phenomenon of organization which means the scalar chain implying a ladder structured in a pyramidical fashion with successive several steps interlinked with each other, from top to bottom.

1732. The Ranking method is best suited for

A. Complex organizations
B. Large organizations
C. Small organizations
D. Any of the above
✅ The correct answer is option C.
The Ranking method is best suited for Small organizations. Ranking method is one of the simplest performance evaluation methods. In this method, employees are ranked from best to worst in a group. The simplicity of this method is overshadowed by the negative impact of assigning a ‘worst’ and a ‘best’ rating to an employee.

1733. An investment is multiplied to required rate of return to calculate

A. congruent cost of investment
B. transfer cost of investment
C. operating cost of investment
D. imputed cost of investment
✅ The correct answer is option D.
An investment is multiplied to required rate of return to calculate imputed cost of investment. An imputed cost is a cost that is incurred by virtue of using an asset instead of investing it or undertaking an alternative course of action. An imputed cost is an invisible cost that is not incurred directly, as opposed to an explicit cost, which is incurred directly.

1734. If an iso-profit line yielding the optimal solution coincides with a constaint line, then.

A. The solution is unbounded
B. The solution is infeasible
C. The constraint which coincides is redundant
D. None of the above
✅ The correct answer is option D.
An iso-profit line represents an infinite number of solutions all of which yield the same profit. The graph of the profit function is called an iso-profit line. It is called this because “iso” means “same” or “equal” and the profit anywhere on the line is the same.

1735. Men, Money Material and Machines are included in

A. factors of production
B. resources
C. budget preparation
D. cost analysis
✅ The correct answer is option B.
Men, Money Material and Machines are included in resources. Resource management is the process by which businesses manage their various resources effectively. Those resources can be intangible – people and time – and tangible – equipment, materials, and finances. It involves planning so that the right resources are assigned to the right tasks.

1738. Mr. ‘A’ must decide what positions the firm should fill in the next six months. What activity is Mr. ‘A’ working on?

A. Recruitment
B. Selection
C. Personnel planning
D. Interviewing
✅ The correct answer is option C.
Mr. ‘A’ working on Personnel planning. Personnel planning are the first step in the recruiting and selection process. It is the process of determining an organization’s human resource needs. By such planning an organization ensures that it has right number and kinds of people.

1740. The interview is used as a method for determining :

A. The personality of the candidate.
B. The degree ‘of fit between the applicant and the demands of the job.
C. His/her age.
D. Physical attributes
✅ The correct answer is option B.
The interview is used as a method for determining the degree ‘of fit between the applicant and the demands of the job. A job interview is an interview consisting of a conversation between a job applicant and a representative of an employer which is conducted to assess whether the applicant should be hired.
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