Management MCQs

For forecasting the demand for manpower, the important techniques used are

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A. Delphi Techniques
B. Statistical Techniques
C. Work Study Techniques
D. All of the above
✅ The correct answer is option D.
For forecasting the demand for manpower, the important techniques used are Delphi Techniques, Statistical Techniques and Work Study Techniques

Added features to an offering are called _________ service features.

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A. Expected
B. Augmented
C. Primary
D. Secondary
✅ The correct answer is option E.
Added features to an offering are called perceived service features. Perceived quality can be defined as the customer’s perception of the overall quality or superiority of a product or service with respect to its intended purpose, relative to alternatives.

Interest rate equilibrium is decreased and supply curve of funds shifts to right is result of

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A. increase in total wealth
B. decrease in total wealth
C. increase in future value
D. decrease in future value
✅ The correct answer is option A.
Interest rate equilibrium is decreased and supply curve of funds shifts to right is result of increase in total wealth. The equilibrium interest rate is the rate at which the quantity of money demanded is equal to the quantity of money supplied. The Federal Reserve can alter the equilibrium interest rate by adjusting the supply of money. The demand for money and supply of money can be graphed to determine the equilibrium interest rate.

Which of the following is not suggested by Markides (1999) as a factor for competitive and strategic success?

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A. Synergy
B. Careful evaluation of strategic options
C. Ensure consistency between desired strategic position and the chosen strategy
D. Active opportunity searching
✅ The correct answer is option C.
Ensure consistency between desired strategic position and the chosen strategy is not suggested by Markides (1999) as a factor for competitive and strategic success. Markides (1999introduced ” breakthrough strategies ” that primarily focus on revitalizing business and markets in a competitive environment, also taking other strategic alliances into consideration. The combination of creative marketing strategies and effective implementation seems a logical approach for organizations to gain a competitive advantage.

Which of the following statement is True(T) or False(F) are given below. 1. By using a dissolve unit and two slide projectors it is possible to create a transition fade in and out effect. 2. Slide are more effective in well-lit-room. 3. Audiences consider slides as more professional.

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A. TFT
B. FFF
C. TTT
D. FTF
✅ The correct answer is option A.
1. By using a dissolve unit and two slide projectors it is possible to create a transition fade in and out effect.
2. Slide are more effective in dark room.
3. Audiences consider slides as more professional.

In marketing theory, every contribution from the supply chain adds ________ to the product.

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A. Value
B. Costs
C. Convenience
D. Ingredients
✅ The correct answer is option A.
In marketing theory, every contribution from the supply chain adds Value to the product. A basic marketing theory states that to maximize sales, a company must position its products or services in the marketplace in such a way that consumers believe they need a particular product for service or that a product or service they need has a particular benefit.

For an investment, weighted average time to maturity is considered as

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A. premium time
B. standard time
C. mean time
D. duration
✅ The correct answer is option D.
For an investment, weighted average time to maturity is considered as duration. Duration is defined as the average time it takes to receive all the cash flows of a bond, weighted by the present value of each of the cash flows. Essentially, it is the payment-weighted point in time at which an investor can expect to recoup his or her original investment.

Which of the following is the area from which applicants can be recruited?

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A. Employment Lines
B. Employees’ Association
C. Labour Market
D. Labour Schemes
✅ The correct answer is option C.
Labour Market is the area from which applicants can be recruited. A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job.

Which of the following is NOT a characteristic of strategic management that makes it different from other types of management?

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A. It is interdisciplinary
B. It has an external focus
C. It has an internal focus
D. It concerns the present direction of the organization
✅ The correct answer is option D.
Characteristic of strategic management that does not makes it different from other types of management is that it concerns the present direction of the organization.