Management MCQs

__________ details are given by Management to Marketing Service System.

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A. Customer
B. Employee
C. Supplier
D. None of the above
✅ The correct answer is option C.
Supplier details are given by Management to Marketing Service System. “A marketing information system is a continuing and interacting system of people, equipment’s, and procedures to gather, sort, analyze, evaluate, and distribute the pertinent, timely, and accurate information for use by marketing decision-makers to improve their marketing planning, implementation, and control.”

An iso-profit line represents.

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A. An infinite number of solutions all of which yield the same profit
B. An infinite number of solution all of which yield the same cost
C. An infinite number of optimal solutions
D. A boundary of the feasible region
✅ The correct answer is option A.
An iso-profit line represents an infinite number of solutions all of which yield the same profit. The graph of the profit function is called an iso-profit line. It is called this because “iso” means “same” or “equal” and the profit anywhere on the line is the same.

On an accounting report of cash flows an “increase (decrease) in cash and cash equivalents” shows

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A. a cash flow from operating activities
B. a cash flow from investing activities.
C. a cash flow from financing activities.
D. none of above.
✅ The correct answer is option D.
A Cash flow statement shows inflow and outflow of cash and cash. Among the given options it shows none of the above.

Developing a __________ is like having a dream to be covered into reality in future

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A. Mission
B. Objectives
C. Goals
D. Vision
✅ The correct answer is option D.
Developing a vision is like having a dream to be covered into reality in future. An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future. It is intended to serves as a clear guide for choosing current and future courses of action.

What type of communication does a report to a customer from an employer is

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A. Manager communication
B. officer communication
C. administrator communication
D. Official communication
✅ The correct answer is option D.
Report to a customer from an employer is Official communication. Formal communication is any communication that is offered in the official capacity of the professionals involved.

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

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A. Synergy
B. Stakeholders
C. Competitive advantage
D. Resources
✅ The correct answer is option D.
Resources is a consideration when assessing the appropriateness of a strategy. A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.

The extent to which power and authority are retained at the top is called as

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A. centralization
B. decentralization
C. responsibility
D. accountability
✅ The correct answer is option A.
The extent to which power and authority are retained at the top is called as centralization. Centralisation or centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.