Management MCQs

Letters, circulars, memos, bulletin, manuals, reports are example of________.

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A. oral communication
B. written communication
C. gestural communication
D. sideward communication
✅ The correct answer is option B.
Letters, circulars, memos, bulletin, manuals, reports are example of written communication. A ‘Written Communication’ means the sending of messages, orders or instructions in writing through letters, circulars, manuals, reports, telegrams, office memos, bulletins, etc. It is a formal method of communication and is less flexible.

International business has recently grown at such a rapid pace because of

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A. stricter government policies on cross-border movements
B. development of institutions to support and facilitate trade
C. decreasing global competition
D. companies increased concerns with terrorism
✅ The correct answer is option B.
International business has recently grown at such a rapid pace because of development of institutions to support and facilitate trade. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries.

In network based systems ____ devices is used to connect all the system in to one for sharing information.

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A. modem
B. adapter
C. hub
D. processor
✅ The correct answer is option C.
In network based systems hub devices is used to connect all the system in to one for sharing information. A hub, also called a network hub, is a common connection point for devices in a network. Hubs are devices commonly used to connect segments of a LAN. The hub contains multiple ports. When a packet arrives at one port, it is copied to the other ports so that all segments of the LAN can see all packets.

Communication without words is called

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A. Non- verbal communication
B. Verbal
C. Oral communication
D. Written communication
✅ The correct answer is option A.
Communication without words is called Non- verbal communication. When messages or information is exchanged or communicated without using any spoken or written word is known as nonverbal communication. Non-verbal communication (NVC) is usually understood as the process of communication through sending and receiving wordless messages.

Municipal bonds public offering is often made through

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A. insurance companies
B. index banking firm
C. commercial banking firm
Answer: Option C
✅ The correct answer is option C.
Municipal bonds public offering is often made through commercial banking firm. Commercial banks make loans to people and small businesses and offer checking and savings accounts and certificates of deposit.

What do you understand by the term ‘a prospector organisation’?

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A. An organisation that represents a good prospect for a firm looking to make an acquisition
B. An organisation with good growth prospects
C. An organisation that has recently been founded as an entrepreneurial start-up
D. An organisation that actively seeks new opportunities and change
✅ The correct answer is option D.
‘A prospector organisation’ means An organisation that actively seeks new opportunities and change. Prospector organizations face the entrepreneurial problem of locating and exploiting new product and market opportunities.

TPS stands for_____

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A. Transaction Processing System
B. Transaction Process System
C. Transaction Product System
D. Transaction Profit System
✅ The correct answer is option A.
TPS stands for Transaction Processing System. A Transaction Processing System is a set of information which processes the data transaction in database system that monitors transaction programs.

The person who ensures that systems are developed on time, within budget, and with acceptable quality is a __________________.

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A. System designer
B. Project manager
C. Systems owner
D. External system user
✅ The correct answer is option B.
The person who ensures that systems are developed on time, within budget, and with acceptable quality is a Project manager. A project manager is the person responsible for leading a project from its inception to execution. This includes planning, execution and managing the people, resources and scope of the project.

Book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as

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A. operating cost
B. sunk cost
C. in-house cost
D. out-house cost
✅ The correct answer is option B.
Book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as sunk cost. A sunk cost is a cost that an entity has incurred, and which it can no longer recover.