Management MCQs

Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate

by
A. target net cost
B. target net income
C. target net gain
D. target net loss
✅ The correct answer is option B.
Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate target net income. Target income is the profit that the managers of a company expect to attain for a designated accounting period.

Reduction of risk by holding large number of securities in portfolio of assets is classified as

by
A. diversification
B. selling ability
C. reduction ability
D. director ability
✅ The correct answer is option A.
Reduction of risk by holding large number of securities in portfolio of assets is classified as diversification. A diversified investment is a portfolio of various assets that earns the highest return for the least risk. A typical diversified portfolio has a mixture of stocks, fixed income, and commodities.

Need hierarchy theory was formulated by

by
A. maslow
B. henry fayol
C. mc gregor
D. fw taylor
✅ The correct answer is option A.
Maslow’s hierarchy of needs is a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid. Needs lower down in the hierarchy must be satisfied before individuals can attend to needs higher up. From the bottom of the hierarchy upwards, the needs are: physiological, safety, love and belonging, esteem and self-actualization.

Which type of system tracks day-to-day activities of an organization?

by
A. Transaction processing system (TPS)
B. Management information system (MIS)
C. Decision-support system (DSS)
D. Executive support system (ESS)
✅ The correct answer is option A.
Transaction processing systems are used to record day to day business transactions of the organization. They are used by users at the operational management level.

In which of the following types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints?

by
A. what if analysis
B. optimization
C. Goal seeking analysis
D. None of these
✅ The correct answer is option B.
In optimization types of analysis, the goal is to find the optimum value for one or more target variables, given certain constraints. Optimization Analysis is a more complex extension of goal-seeking analysis. Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.

If there is no receiver, there is no

by
A. communication
B. sender
C. Message
D. Media
✅ The correct answer is option A.
If there is no receiver, there is no communication. Communication requires a sender, a message, and a recipient, although the receiver may not be present or aware of the sender’s intent to communicate at the time of communication. Communication requires that the communicating parties share some area of commonality.

Gold standard introduced in

by
A. 1913
B. 1990
C. 1876
D. 1944
✅ The correct answer is option C.
Gold standard introduced in 1876. Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.

What is the role of IMF

by
A. It controls the budgets of national government
B. It acts as a forum for international economics
C. It Observes world exchange rates, balance of payments and multilateral payments
D. It seeks to promote free international trade
✅ The correct answer is option C.
The role of IMF is that it observes world exchange rates, balance of payments and multilateral payments.

Supply of human and material resources and helps to achieve the objective of business is

by
A. planning
B. organisation
C. management
D. control
✅ The correct answer is option B.
Supply of human and material resources and helps to achieve the objective of business is organisation. An organization or organisation is an entity comprising multiple people, such as an institution or an association, that has a particular purpose.