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.

📘 Business Communication MCQs
📘 Business Management MCQs
📘 Communication skills MCQs
📘 Human Resource Management (HRM) MCQs
📘 International Finance and Treasury MCQs
📘 Management Accounting MCQs
📘 Management Information System (MIS) MCQs
📘 Marketing MCQs
📘 Operations Research MCQs
📘 Strategic Management MCQs

702. A service can be defined as “any activity or benefit that one party can offer another that is essentially intangible and that does not result in the ownership of anything.”

A. TRUE
B. FALSE
Answer: Option A
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✅ The correct answer is option A.
A service can be defined as “any activity or benefit that one party can offer another that is essentially intangible and that does not result in the ownership of anything.” Services are usually intangible and time-based, and occur multiple times over the course of a relationship such as a house cleaning services, or a consulting services.

704. Reduction of risk by holding large number of securities in portfolio of assets is classified as

A. diversification
B. selling ability
C. reduction ability
D. director ability
✅ The correct answer is option A.
Reduction of risk by holding large number of securities in portfolio of assets is classified as diversification. A diversified investment is a portfolio of various assets that earns the highest return for the least risk. A typical diversified portfolio has a mixture of stocks, fixed income, and commodities.

705. Need hierarchy theory was formulated by

A. maslow
B. henry fayol
C. mc gregor
D. fw taylor
✅ The correct answer is option A.
Maslow’s hierarchy of needs is a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid. Needs lower down in the hierarchy must be satisfied before individuals can attend to needs higher up. From the bottom of the hierarchy upwards, the needs are: physiological, safety, love and belonging, esteem and self-actualization.

707. Which type of system tracks day-to-day activities of an organization?

A. Transaction processing system (TPS)
B. Management information system (MIS)
C. Decision-support system (DSS)
D. Executive support system (ESS)
✅ The correct answer is option A.
Transaction processing systems are used to record day to day business transactions of the organization. They are used by users at the operational management level.

708. In which of the following types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints?

A. what if analysis
B. optimization
C. Goal seeking analysis
D. None of these
✅ The correct answer is option B.
In optimization types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints. Optimization Analysis is a more complex extension of goal-seeking analysis. Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.

709. If there is no receiver, there is no

A. communication
B. sender
C. Message
D. Media
✅ The correct answer is option A.
If there is no receiver, there is no communication. Communication requires a sender, a message, and a recipient, although the receiver may not be present or aware of the sender’s intent to communicate at the time of communication. Communication requires that the communicating parties share some area of commonality.

710. Gold standard introduced in

A. 1913
B. 1990
C. 1876
D. 1944
✅ The correct answer is option C.
Gold standard introduced in 1876. Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.
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