Management MCQs

If demand of loanable demands increases then borrowing cost of funds is

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A. higher
B. zero
C. upside
D. lower
✅ The correct answer is option A.
If demand of loanable demands increases then borrowing cost of funds is higher. The demand for loanable funds represents the behavior of borrowers and the quantity of loans demanded. The lower the interest rate, the less expensive it is to borrow.

cohesive marketing mix consists of the product, promotion, price, and

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A. personnel
B. production
C. advertising
D. communication
✅ The correct answer is option D.
Cohesive marketing mix consists of the product, promotion, price, and communication. A cohesive marketing strategy is one that takes all your different platforms of promoting your business and aligns them to the same strategy.

Product costing technique in which markup component is added into cost base, to set a target price is known as

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A. market based approach
B. cost incurrence pricing
C. cost plus pricing
D. locked-in cost pricing
✅ The correct answer is option C.
Product costing technique in which markup component is added into cost base, to set a target price is known as cost plus pricing. Product costing methods are used to assign a cost to a manufactured product.

A tool for assessing the level of service quality based on the difference between users expectations and the service experience delivered is:

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A. The service dashboard
B. The service quality gap model
C. The balanced scorecard
D. The information value model
✅ The correct answer is option B.
A tool for assessing the level of service quality based on the difference between users expectations and the service experience delivered is the service quality gap model. The Gap Model of Service Quality is a framework which can help us to understand customer satisfaction issues and how they arise.

A ________ when it is aroused to a sufficient level of intensity.

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A. Need becomes a motive
B. Motive becomes a need
C. Desire becomes a reality
D. Unfulfilled demand becomes a crisis
✅ The correct answer is option A.
A Need becomes a motive when it is aroused to a sufficient level of intensity. A need is a consumer’s desire for a product’s or service’s specific benefit, whether that be functional or emotional.

Risk arises from trading of assets because of change in asset prices and exchange rates is classified as

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A. asset risk
B. trade risk
C. market risk
D. exchange risk
✅ The correct answer is option C.
Risk arises from trading of assets because of change in asset prices and exchange rates is classified as market risk. Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets in which he or she is involved. Market risk, also called “systematic risk,” cannot be eliminated through diversification, though it can be hedged against in other ways.

The transition matrix elements remain positive from one point to the next. This property is known as:

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A. Steady-state property
B. Equilibrium property
C. Regular property
D. All of the above
✅ The correct answer is option C.
The transition matrix elements remain positive from one point to the next. This property is known as Regular property. A transition matrix (stochastic matrix) is said to be regular if some power of T has all positive entries.

The process of activity relating to the effective utilization of available resources for production is

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A. planning
B. management
C. organization
D. decision making
✅ The correct answer is option B.
The process of activity relating to the effective utilization of available resources for production is management. Management is a set of principles relating to the functions of planning, organizing, directing and controlling, and the application of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.