Management MCQs

Ansoff’s growth vector matrix is used for

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A. analyzing the different strategic directions an organization can pursue
B. analyzing the balance of the portfolio
C. assessing whether the corporate parent is adding value
D. assessing the market share of a business
✅ The correct answer is option A.
Ansoff’s growth vector matrix is used for analyzing the different strategic directions an organization can pursue. The Ansoff Matrix, also called the Product/Market Expansion Grid, is a tool used by firms to analyze and plan their strategies for growth.

_____________ is a distinct program that can run unaided.

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A. Worm
B. Virus
C. Sniffer
D. Spoofing
✅ The correct answer is option A.
Worm is a distinct program that can run unaided. Computer worms are similar to viruses in that they replicate functional copies of themselves and can cause the same type of damage. In contrast to viruses, which require the spreading of an infected host file, worms are standalone software and do not require a host program or human help to propagate.

When a company is experiencing an economic recession this is a good time to do what?

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A. Reduce costs and assets
B. Refocus
C. Simplify
D. Invest
✅ The correct answer is option B.
When a company is experiencing an economic recession this is a good time to refocus. The ReFocus Group assists organizations to develop and implement dynamic strategic plans that are valuable to the organization, helping to define its culture, focus its long-term vision, and identify short-term actions steps that motivate proaction.

Type of market in which securities with less than one year maturity are traded is classified as

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A. money market
B. capital market
C. transaction market
D. global market
✅ The correct answer is option A.
Type of market in which securities with less than one year maturity are traded is classified as money market. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.

Type of bids which states complete description about quantity of bids and prices of bids is classified as

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A. markets bid
B. bankers bid
C. competitive bids
D. non-competitive bids
✅ The correct answer is option C.
Type of bids which states complete description about quantity of bids and prices of bids is classified as competitive bids. Competitive bidding is a process of issuing a public bid with the intent that companies will put together their best proposal and compete for a specific project.

Communication is a _________.

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A. one-way process
B. two-way process
C. three-way process
D. four-way process
✅ The correct answer is option B.
Communication is a two-way process. Two-way communication is when one person is the sender and they transmit a message to another person, who is the receiver. When the receiver gets the message, they send back a response, acknowledging the message was received. The model looks like this: Two-way communication is essential in the business world.

The HR policy which is based on the philosophy of the utmost good for the greatest number of people is covered under the

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A. utilitarian approach
B. approach based on rights
C. approach based on justice
D. configurational approach
✅ The correct answer is option A.
The HR policy which is based on the philosophy of the utmost good for the greatest number of people is covered under the utilitarian approach. According to this rule, an individual is responsible for, and concerned with, the well-being and happiness of others. The golden rule holds that ethical individuals are those who avoid causing harm and seek ways to help others.

Differences in nominal interest rates are removed in exchange rate is

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A. fisher effect
B. Leontief paradox.
C. combined equilibrium theory.
D. purchasing power parity
✅ The correct answer is option A.
Differences in nominal interest rates are removed in exchange rate is fisher effect. The Fisher Effect is an economic theory created by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates. The Fisher Effect states that the real interest rate equals the nominal interest rate minus the expected inflation rate.

_____________ involves the development of projections about the direction, scope, speed and intensity of environmental change

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A. Environmental scanning
B. Environmental monitoring
C. Competitive intelligence
D. Environmental forecasting
✅ The correct answer is option D.
Environmental forecasting involves the development of projections about the direction, scope, speed and intensity of environmental change. Environmental forecasting is the process of predicting and calculating the potential intensity, duration, timeframe, and nature of various external forces that can affect the business activities of a company, interrupt its plans, and force it to introduce changes to its objectives and strategies.