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.

581. ________ keeps tracks of data concerning purchase from and payments to suppliers.

A. Inventory control
B. Accounts payable
C. Payroll
D. Accounts receivable
✅ The correct answer is option B.
Accounts payable keeps tracks of data concerning purchase from and payments to suppliers. Accounts Payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goods on credit.

582. Father of scientific management

A. Henry fayol
B. Fw Taylor
C. Peter drucker
D. weber
✅ The correct answer is option B.
Fw Taylor is the father of scientific management. Taylor’s principal concern was that of increasing efficiency in production, not only to lower costs and raise profits but also to make possible increased pay for workers through their higher productivity.

584. Interest rate of certificate of deposits is quoted using a time span of

A. 250 days a year
B. 150 days a year
C. 365 day a year
D. 360 day a year
✅ The correct answer is option D.
Interest rate of certificate of deposits is quoted using a time span of 360 day a year. A certificate of deposit (CD) is a product offered by banks and credit unions that offers an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

587. While assigning random numbers in Monte Carlo simulation, it is?

A. Not necessary to assign the exact range of random number interval as the probability
B. Necessary to develop a cumulative probability distribution
C. Necessary to assign the particular appropriate random numbers
D. All of the above
✅ The correct answer is option B.
While assigning random numbers in Monte Carlo simulation, it is Necessary to develop a cumulative probability distribution. A cumulative probability refers to the probability that the value of a random variable falls within a specified range. Frequently, cumulative probabilities refer to the probability that a random variable is less than or equal to a specified value.

588. A _______ evaluation process reduces the possibility of buying inadequate hardware.

A. Stable
B. Formal
C. Unstable
D. Informal
✅ The correct answer is option B.
A Formal evaluation process reduces the possibility of buying inadequate hardware. A formal evaluation is a written list and summary of an employee’s performance. It is an opportunity for a manager and employee to go over the strengths and weaknesses of work performance. During the formal evaluation there should be no surprises, as communication between a manager and an employee should be ongoing.

590. Practice by seller of offering same product at different prices, to different customers is known as

A. price incurrence
B. price discrimination
C. price targeting
D. price engineering
✅ The correct answer is option B.
Practice by seller of offering same product at different prices, to different customers is known as price discrimination. Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to.
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