Management MCQs

Which of the following is a consideration when assessing the feasibility of a strategy?

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A. Timing
B. Planning gap
C. Synergy
D. Culture
✅ The correct answer is option A.
Timing is a consideration when assessing the feasibility of a strategy. Feasibility is concerned with the resources required to implement the strategy are available, can be developed or obtained.

Form of market efficiency which states that prices of stock reflects public and private information of firm is classified as

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A. weak form of market efficiency
B. strong form of market efficiency
C. semi-strong form market efficiency
D. expensive form market efficiency
✅ The correct answer is option B.
Form of market efficiency which states that prices of stock reflects public and private information of firm is classified as strong form of market efficiency. Market efficiency refers to the degree to which market prices reflect all available, relevant information. If markets are efficient, then all information is already incorporated into prices, and so there is no way to “beat” the market because there are no undervalued or overvalued securities available.

1. While listening we should not let our mind wander, so we should avoid __________. 2. We should focus on _________ not on the delivery style of the speaker. 3. In order to remain objective & open – minded we should avoid _________ involvement.

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A. Emotional, distractions, content
B. Distractions, content, emotional
C. Content, distractions, emotional
D. Distracts, emotional, content
✅ The correct answer is option B.
1. While listening we should not let our mind wander, so we should avoid distractions.

2. We should focus on content not on the delivery style of the speaker.

3. In order to remain objective & open – minded we should avoid emotional involvement.

Technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called

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A. product life cycle
B. life cycle budgeting
C. life cycle costing
D. target costing
✅ The correct answer is option B.
Technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called life cycle budgeting. A life-cycle budget is an estimate of the total amount of sales and profits to be garnered from a product over its estimated life span.

What term best describes the use of both financial and non-financial measures in assessing whether an entity has achieved its objectives?

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A. Balanced scorecard
B. Benchmarking
C. Performance measurement
D. Target setting
✅ The correct answer is option C.
Performance measurement best describes the use of both financial and non-financial measures in assessing whether an entity has achieved its objectives. Performance measurement is generally defined as regular measurement of outcomes and results, which generates reliable data on the effectiveness and efficiency of programs. Resources (human resources, employee time, funding) used to conduct activities and provide services.

Institutions deals in financial functions and protects corporations and individuals against accidents, theft and death are considered as

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A. penalty companies
B. insurance companies
C. events dealers
D. protecting companies
✅ The correct answer is option B.
Institutions deals in financial functions and protects corporations and individuals against accidents, theft and death are considered as insurance companies. Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured.

Type of bond for which bonds present value is greater than bonds face value is classified as

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A. coupon bond
B. interest bonds
C. discount bond
D. premium bond
✅ The correct answer is option D.
Type of bond for which bonds present value is greater than bonds face value is classified as premium bond. A premium bond is a bond trading above its face value or in other words; it costs more than the face amount on the bond. A bond might trade at a premium because its interest rate is higher than current rates in the market.

__________ is the environment in which the service is delivered and where the firm and customer interact and any tangible components that facilitates performance or communication of the service.

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A. Physical evidence
B. Process
C. Place
D. People
✅ The correct answer is option A.
Physical evidence is the environment in which the service is delivered and where the firm and customer interact and any tangible components that facilitates performance or communication of the service.

Job identification is one of the components of

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A. Job specification
B. Job design
C. Job description
D. Job evaluation
✅ The correct answer is option B.
Job identification is one of the components of Job design. Job design is the process of organizing work as group of tasks, arranging and defining the job process and structure at the workplace depending on the job analysis performed.