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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1822. Issued bond which is considered as hybrid bond is called

A. non-convertible bonds
B. premium convertible bonds
C. discount convertible bonds
D. convertible bonds
✅ The correct answer is option D.
Issued bond which is considered as hybrid bond is called convertible bonds. A convertible bond is a fixed-income debt security that yields interest payments, but can be converted into a predetermined number of common stock or equity shares. The conversion from the bond to stock can be done at certain times during the bond’s life and is usually at the discretion of the bondholder.

1824. What does SPACE stand for?

A. Sales, Position, and ACtion Evaluation
B. Strategic Profit And Credit Evaluation
C. Sales, Profit, ACtion and Evaluation
D. Strategic Position and ACtion Evaluation
✅ The correct answer is option D.
SPACE stand for Strategic Position and Action Evaluation. It is “an approach to hammer out an appropriate strategic posture for a firm and its individual business.”

1825. An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called

A. inelastic demand
B. product differentiation
C. cost leadership
D. elastic demand
✅ The correct answer is option B.
An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called product differentiation. Product differentiation (or just differentiation) is a marketing process of differentiating an offering (product or service) from others in the market, to make it more appealing to the target audience.

1826. Financial instrument which is used to raise funds for working capital is considered as

A. commercial paper
B. commercial notes
C. notes payable
D. notes receivable
✅ The correct answer is option A.
Financial instrument which is used to raise funds for working capital is considered as commercial paper. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.

1827. SSTS refers to __________.

A. Service Standards Testing
B. Self- Service Technologies
C. Standard Service Technologies
D. Self Service Treatments
✅ The correct answer is option B.
SSTS refers to Self- Service Technologies. Self-Service Technologies (SSTs) are technological interfaces allowing customers to produce services independent of involvement of direct service employee.

1828. What is the sequence of steps for the service recovery process?

A. Anticipating customer needs, acknowledging their feelings, Apologising and Owning the responsibility, Offering alternatives, making amends
B. Acknowledging their feelings, Apologising and Owning the responsibility , making amends, anticipating customer needs, offering alternatives
C. Acknowledging their feelings, Apologising and owning the responsibility, offering alternatives, making amends, anticipating customer needs
D. Acknowledging their feelings, offering alternatives, Apologising and owning the responsibility, making amends, anticipating customer needs
✅ The correct answer is option C.
Acknowledging their feelings, Apologising and owning the responsibility, offering alternatives, making amends, anticipating customer needs is the sequence of steps for the service recovery process.

1829. Manpower inventory involves

A. The classification of the inventory of workers in an organisation in addition to the qualities
B. The classification of characteristics of personnel in an organisation, in addition to counting their number
C. The classification of characteristics of managers’ qualities in addition to their number
D. The classification of characteristic features of functions for inventory in addition to the total number of functions
✅ The correct answer is option B.
Manpower Inventory involves the classification of characteristics of personnel in an organisation, in addition to counting their number.
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