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.

792. When an interviewer asks the questions to the candidate according to the response received from him and the questions asked are not pre-determined in such an interview, it is called

A. Unprepared type of interview
B. Unstructured interview
C. Unconditional interview
D. None of the above
✅ The correct answer is option B.
In an unstructured interview, the interviewer does not have a strict agenda but rather allows the applicant to set the pace of the interview and asks the questions to the candidate according to the response received from him

794. An incentive plan may consist of

A. Monetary
B. Nonmonetary
C. Both monetary and nonmonetary
D. None of the above
✅ The correct answer is option C.
An incentive plan may consist of both monetary and nonmonetary. Monetary rewards are the incentives which involve direct money to the employees. Non-Monetary rewards are the incentives which do not involve direct money to the employees. Non-Monetary rewards are usually given to all the employees of a certain level to offer them convenience and security.

795. ________ pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.

A. Market-skimming
B. Value-based
C. Market-penetration
D. Leader
✅ The correct answer is option C.
Market-penetration pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share. Market penetration pricing is a pricing strategy that sets a low initial price for a product. The goal is to quickly attract new customers based on the low cost. The strategy is most effective for increasing market share and sales volume while discouraging competition.

796. Non-negativity condition in an LP model implies.

A. A positive coefficient of variables in objective function
B. A positive coefficient of variables in any constraint
C. Non-negative value of resources
D. None of the above
✅ The correct answer is option D.
Non-negativity restriction indicates that all decision variables must take on values equal to or greater than zero.

797. __________system is that two or more subsystems share the data over a network.

A. Open
B. Closed
C. Distributed
D. Undistributed
✅ The correct answer is option C.
Distributed system is that two or more subsystems share the data over a network. A distributed system is a network that consists of autonomous computers that are connected using a distribution middleware. They help in sharing different resources and capabilities to provide users with a single and integrated coherent network.

799. HRM stand for ___.

A. Human Resource Manager
B. Human Resource Management
C. Human Re Management
D. Human ReManager
✅ The correct answer is option B.
HRM stand for Human Resource Management. Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization’s employees. HRM is often referred to simply as human resources (HR).

800. Holding an inventory have

A. buying cost
B. selling cost
C. opportunity cost
D. exchange rate risk
✅ The correct answer is option C.
Holding an inventory have opportunity cost. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them.
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