Management MCQs

Distribution of product to get it in the marks refers to which of the following activities?

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A. Selling Activities
B. Advertising activities
C. Promotion Activities
D. Place or distribution activities
✅ The correct answer is option D.
Distribution of product to get it in the marks refers to place or distribution activities. Placement, or distribution, is the way a company ensures its target market or markets have access to its products or services. The goal is to ensure that the customer has access to the products or services a company sells in the location he or she would be most likely to look for that product or service.

Once a firm has a pool of applicants, the first step in pre-screening is the

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A. in-person interview
B. on-site visit
C. application form
D. telephone interview
✅ The correct answer is option C.
Once a firm has a pool of applicants, the first step in pre-screening is the application form. The pre-screening process typically begins with the review of a candidate’s employment application and resume, followed by a telephone interview.

If revenue bonds becomes default, bondholders must

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A. not be paid
B. be paid
C. be sold
D. not be sold
✅ The correct answer is option B.
If revenue bonds becomes default, bondholders must be paid. Revenue bonds are municipal bonds that finance income-producing projects and are secured by a specified revenue source. Typically, revenue bonds can be issued by any government agency or fund that is managed in the manner of a business, such as entities having both operating revenues and expenses.

A method of interacting with customers such as a Web site or a wireless device is called _____________.

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A. Demand point
B. Customer service model
C. Sales force point
D. Touch point
✅ The correct answer is option D.
A method of interacting with customers such as a Web site or a wireless device is called Touch point. Touchpoint (also touch point, contact point, point of contact) is business jargon for any encounter where customers and business engage to exchange information, provide service, or handle transactions.

CPU means ____.

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A. Central Process Utility
B. Central Processing Unit
C. Central Process Uniformity
D. Central Process Usage
✅ The correct answer is option B.
CPU means Central Processing Unit. Sometimes referred to simply as the central processor, but more commonly called a processor, the CPU is the brains of the computer where most calculations take place.

The MIS should be developed by____________.

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A. The manager
B. The information specialist
C. Both (a) and (b)
D. Neither (a) or (b)
✅ The correct answer is option C.
The MIS should be developed by The manager and The information specialist. Management information system, or MIS, broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization.

Financial instrument such as commercial paper can be sold

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A. issued by commercial banks
B. directly
C. with brokers or dealers
D. functional buyers
✅ The correct answer is option B.
Financial instrument such as commercial paper can be sold directly. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities. Maturities on commercial paper rarely range longer than 270 days.

The common types of Intellectual property include.

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A. Copyrights and trademarks
B. Patents and industrial design rights
C. Trade Secrets
D. All of the above
✅ The correct answer is option B.
The common types of Intellectual property include Patents and industrial design rights. Intellectual property is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The most well-known types are copyrights, patents, trademarks, and trade secrets.

If a firm is practicing ___________, the firm is training and effectively motivating its customer-contact employees and all of the supporting service people to work as a team to provide customer satisfaction.

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A. Double-up marketing
B. Internal marketing
C. Interactive marketing
D. Service marketing
✅ The correct answer is option B.
If a firm is practicing Internal marketing, the firm is training and effectively motivating its customer-contact employees and all of the supporting service people to work as a team to provide customer satisfaction. Internal marketing is the promotion of a company’s objectives, products and services to employees within the organization. The purpose is to increase employee engagement with the company’s goals and fostering brand advocacy.

Financial instruments of public markets includes

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A. transfer funds
B. bearer bonds
C. shares
D. bonds
✅ The correct answer is option C.
Financial instruments of public markets includes shares. A financial instrument is a monetary contract between parties. We can create, trade, or modify them. We can also settle them. A financial instrument may be evidence of ownership of part of something, as in stocks and shares. Bonds, which are contractual rights to receive cash, are financial instruments.