Management MCQs

Raw facts that have not been organized into a useful form are called_______________.

by
A. Business objectives
B. Information
C. Data
D. Information systems
✅ The correct answer is option C.
Raw facts that have not been organized into a useful form are called Data. The word raw means that the facts have not yet been processed to get their exact meaning. Data is collected from different sources.

___ models to analysis a problem and provides possible solution for management evaluation

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A. Decision
B. Standard
C. Structural
D. Periodic
✅ The correct answer is option A.
Decision models to analysis a problem and provides possible solution for management evaluation. The Decision Model is an intellectual template for perceiving, organizing, and managing the business logic behind a business decision.

The problems in communication channels is known as__________.

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A. organizational barriers
B. mechanical barriers
C. personal barriers
D. semantic barriers
✅ The correct answer is option B.
The problems in communication channels is known as mechanical barriers. Mechanical communication barriers are technical sources of interference in the communication process. A mechanical barrier stems from a problem in machinery or instruments used to transmit the message.

An expected performance of company is also known as

by
A. price requirements
B. supply requirements
C. budgeted performance
D. demand requirements
✅ The correct answer is option C.
An expected performance of company is also known as budgeted performance. Performance budgets reflect the input of resources and the output of services for each department or unit of an organization.

Managers can receive information from _____ that supports their decision making systems.

by
A. Workstations
B. personal system
C. Reports
D. File
✅ The correct answer is option A.
Managers can receive information from workstations that supports their decision making systems. It facilitates the free flow and exchange of ideas and information among the group members.

The nodal agency of the Government of India for promoting the country’s external trade is.

by
A. Indian Trade Promotion Organisation
B. Indian Institute of Foreign Trade
C. Federation of Indian Exports
D. Trade Development Authority of India
✅ The correct answer is option B.
The nodal agency of the Government of India for promoting the country’s external trade is Indian Institute of Foreign Trade. The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country’s foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research.

relevant costs are classified in relevance concepts as

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A. expected future costs
B. serial costs
C. parallel costs
D. abnormal costs
✅ The correct answer is option A.
Relevant costs are classified in relevance concepts as expected future costs. A relevant cost is a cost that only relates to a specific management decision, and which will change in the future as a result of that decision.

Consider call option writing, probability that a buyer would have positive payoff increases with the

by
A. increase in stock price
B. decrease in stock price
C. increase in maturity duration
D. decrease in maturity duration
✅ The correct answer is option B.
Considering call option writing, probability that a buyer would have positive payoff increases with the decrease in stock price. Writing a call option means that you are selling a call option. If you sell a call (also know as a “short call”) then you are obliged to sell stock at the strike price.