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

951. What does CCIE stand for?

A. Chief Controller of Imports and Exports
B. Central Cottage Industries Exports
C. Control on Cotton Imports and Exports
D. Commissioner of Central Imports and Exports
✅ The correct answer is option A.
CCIE stand for Chief Controller of Imports and Exports.

952. IMF was created in

A. 1941
B. 1945
C. 1943
D. 1944
✅ The correct answer is option D.
IMF was created in 1944. International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity (access to hard currencies).

953. Innovation and quality can be seen as which form of management?

A. Marketing management
B. Financial management
C. Operations management
D. Human resource management
✅ The correct answer is option C.
Innovation and quality can be seen as Operations management. Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.

954. The current account of balance of payments does not include

A. Trade in goods
B. Trade in services
C. Income on investments
D. None of the above
✅ The correct answer is option A.
The current account of balance of payments does not include trade in goods. Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. It is measured in million USD, as percentage of GDP for net trade, and also in annual growth for exports and imports.

955. Difference between variable cost per unit and selling price can be classified as

A. contribution margin per unit
B. variable margin per unit
C. selling margin per unit
D. sale per unit
✅ The correct answer is option A.
Difference between variable cost per unit and selling price can be classified as contribution margin per unit. Contribution margin per unit is the net amount that each additional unit sold contributes towards a company’s fixed costs and profit.

956. The area where the goods are permitted to be imported and re-exported without any processing in the same form is called

A. Export Processing Zone
B. Free Trade Zone
C. Special Economic Zone
D. Agri Export Zone
✅ The correct answer is option D.
The area where the goods are permitted to be imported and re-exported without any processing in the same form is called Agri Export Zone. An Agri Export Zone or AEZ is a specific geographic region in a country demarcated for setting up agriculture based processing industries, mainly for export.

957. Type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as

A. mutual distribution
B. probability distribution
C. collective distribution
D. marginal distribution
✅ The correct answer is option B.
Type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as probability distribution. A probability distribution is a list of all of the possible outcomes of a random variable along with their corresponding probability values. To give a concrete example, here is the probability distribution of a fair 6-sided die.

958. Which of the following is an aspect of implementation that can be changed indirectly if necessary?

A. Organizational structure
B. Information systems
C. Quality
D. Procedures
✅ The correct answer is option C.
Quality is an aspect of implementation that can be changed indirectly if necessary. The quality strategy is a vital element to building the quality process and expectations of the organization. It is important that it reflects the business mission and provides vision, values and goals to the employees.

959. Forgone amount for holding balances of cash at time they are received is classified as

A. forgone cost
B. debt cost
C. opportunity cost
D. balances cost
✅ The correct answer is option C.
Forgone amount for holding balances of cash at time they are received is classified as 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.

960. Fourth step in decision making process is

A. linear correlation
B. making decisions
C. implement decisions
D. evaluate performance
✅ The correct answer is option B.
Fourth step in decision making process is making decisions. Decision Making Process helps manager and other professional to make choices by examining a decision , collecting information for solving problem.
Scroll to Top