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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📘 Strategic Management MCQs

631. Which of the following is NOT a major element of the strategic management process?

A. Formulating strategy
B. Implementing strategy
C. Evaluating strategy
D. Assigning administrative tasks
✅ The correct answer is option D.
Assigning administrative tasks is NOT a major element of the strategic management process. The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring.

632. All decision-making power is centralized in the leader is under ___________.

A. autocratic style
B. liberal leader
C. democratic leader
D. institutional leader
✅ The correct answer is option A.
All decision-making power is centralized in the leader is under autocratic style. The autocratic leader typically follows certain characteristics including: Retains all power, authority, and control, and reserves the right to make all decisions. Distrust of their subordinate’s ability, and closely supervise and control people under them.

633. In process of examining, occurred changes in total revenues, operating income and costs is known as

A. revenue analysis
B. costs analysis
C. operating income analysis
D. cost volume profit analysis
✅ The correct answer is option D.
In process of examining, occurred changes in total revenues, operating income and costs is known as cost volume profit analysis. Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit.

634. In 1944 international accord is recognized as

A. Breton Wood Agreement
B. Exchange Agreement
C. International Trade
D. Fisher Effect
✅ The correct answer is option A.
In 1944 international accord is recognized as Breton Wood Agreement. The Bretton Woods Agreement was negotiated in July 1944 to establish a new international monetary system, the Bretton Woods System.

635. In a quote exchange rate, currency that is to be purchase with another currency is called :

A. liquid currency
B. foreign currency
C. local currency
D. base currency
✅ The correct answer is option D.
In a quote exchange rate, currency that is to be purchase with another currency is called base currency. A base currency is the first currency that appears in a forex pair quotation. In the foreign exchange market, one currency will always be quoted in relation to another because you are buying one while selling the other.

636. A desire of an individual to give good performance for self-satisfaction is known as

A. intrinsic motivation
B. extrinsic motivation
C. monetary motivation
D. bounded motivation
✅ The correct answer is option A.
A desire of an individual to give good performance for self-satisfaction is known as intrinsic motivation. Intrinsic motivation refers to behavior that is driven by internal rewards. In other words, the motivation to engage in a behavior arises from within the individual because it is naturally satisfying to you.

637. Complete installation of computer within 3 months is an example of

A. rules
B. programme
C. project
D. schedule
✅ The correct answer is option D.
Complete installation of computer within 3 months is an example of schedule. Schedule management is the process of developing, maintaining and communicating schedules for time and resource. A schedule is the timetable for a project, programme or portfolio.

638. Which one of the following is not an aspect of the MOST analysis

A. Mission
B. Strategies
C. Tactics
D. Organization
✅ The correct answer is option D.
Organization is not an aspect of the MOST analysis. MOST Analysis is a technique for analysing what an organisation aims to achieve (mission & objectives) and how it aims to achieve this (strategy & tactics).

639. The term corporate strategy concerns strategy and strategic decisions

A. In certain types of organization
B. At all levels in an organization
C. Developed by the senior management in an organization
D. In the private sector only
✅ The correct answer is option B.
The term corporate strategy concerns strategy and strategic decisions at all levels in an organization. Corporate strategy is hierarchically the highest strategic plan of the organization, which defines the corporate overall goals and directions and the way in which will be achieved within strategic management activities. It is a long-term, clearly defined vision of the direction of a company or organization.
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