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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971. The extent to which an employment selection test provides consistent results is known as:

A. Reliability
B. Dependability
C. Consistency
D. Trustworthiness
✅ The correct answer is option A.
The extent to which an employment selection test provides consistent results is known as Reliability. Reliability means that the selection methods, tests and ensuing results are consistent and do not vary with time, place or different subjects”. Or as Cowling puts it: “Reliability is a measure of the consistency with which a predictor continues to predict performance with the same degree of success”.

973. Fixed cost is divided by break-even revenues to calculate

A. cost margin
B. fixed margin
C. revenue margin
D. contribution margin
✅ The correct answer is option D.
Fixed cost is divided by break-even revenues to calculate contribution margin. Contribution margin is a product’s price minus all associated variable costs, resulting in the incremental profit earned for each unit sold. The total contribution margin generated by an entity represents the total earnings available to pay for fixed expenses and to generate a profit.

974. The general purpose system simulation language.

A. Requires programme writing
B. Does not require programme writing
C. Requires predefined coding forms
D. Needs a set of equations to describe a system
✅ The correct answer is option B.
The general purpose system simulation language does not require programme writing. General Purpose Simulation System (GPSS) is a discrete time simulation general-purpose programming language, where a simulation clock advances in discrete steps. It is used primarily as a process flow oriented simulation language; this is particularly well-suited for problems such as a factory.

975. Which of the following is (are) the HRD score card?

A. HRD systems maturity score
B. Competency score
C. HRD competencies systems maturity score
D. All of the above
✅ The correct answer is option D.
HRD systems maturity score, Competency score and HRD competencies systems maturity scoreis are the HRD score card.

976. Which computer based model is developed after human brain?

A. Fuzzy Logic
B. Neural Network
C. Virtual-Reality
D. All of the above
✅ The correct answer is option B.
Neural Network computer based model is developed after human brain. Neural network, a computer program that operates in a manner inspired by the natural neural network in the brain.

977. __________ has become a popular way to expand delivery of an effective service concept to multiple sites without the level of investment capital that would be otherwise needed.

A. Multi-site expansion
B. Sub-contracting
C. Franchising
D. Company-owned expansion
✅ The correct answer is option C.
Franchising has become a popular way to expand delivery of an effective service concept to multiple sites without the level of investment capital that would be otherwise needed. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisees). If buying an existing business doesn’t sound right for you but starting from scratch sounds a bit intimidating, you could be suited for franchise ownership.

978. Possibly the most important pre-20th century influence on management was:

A. Scientific management
B. The industrial revolution
C. The division of labour
D. Therbligs
✅ The correct answer is option A.
Possibly the most important pre-20th century influence on management was Scientific management. The Scientific Management Theory is well known for its application of engineering science at the production floor or the operating levels.

980. While solving a LP model graphically, the area bounded by the constraints is called?

A. Feasible region
B. Infeasible region
C. Unbounded solution
D. None of the above
✅ The correct answer is option A.
While solving a LP model graphically, the area bounded by the constraints is called feasible region. It is the set of all possible points (sets of values of the choice variables) of an optimization problem that satisfy the problem’s constraints, potentially including inequalities, equalities, and integer constraints.
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