Management MCQs

In managerial grid, the style which is maximum concern for both people and production is

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A. task management
B. impoverished style
C. middle of the road
D. team management style
✅ The correct answer is option D.
In managerial grid, the style which is maximum concern for both people and production is team management style. According to this method, the team leader instructs their team members to complete a task, and if they refuse, they will be punished.

By what means should an organization measure its performance?

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A. Efficiency
B. Effectiveness
C. Economy, efficiency, and effectiveness
D. Efficiency and effectiveness
✅ The correct answer is option C.
By economy, efficiency, and effectiveness means should an organization measure its performance. analyzing a company’s performance against its objectives and goals. In other words, organizational performance comprises real results or outputs compared with intended outputs.

Delegation made by written orders and instruction is known as _________.

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A. oral delegation
B. written delegation
C. downward delegation
D. sideward delegation
✅ The correct answer is option B.
Delegation made by written orders and instruction is known as written delegation. Delegation is an administrative process of getting things done by others by giving them responsibility. All important decisions are taken at top level by Board of Directors.

The mathematical model of an LP problem is important because.

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A. It helps in converting the verbal description & numerical data into mathematical expression
B. Decision-makers prefer to work with formal models
C. It captures the relevant relationship among decision factors
D. It enables the use of algebraic technique
✅ The correct answer is option A.
The mathematical model of an LP problem is important because it helps in converting the verbal description & numerical data into mathematical expression. Linear programming (LP, also called linear optimization) is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.

Leadership theory which explains that a leader is strongly affected by the situation in which he works is

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A. Followers theory
B. Trait theory
C. Situational theory
D. Managerial grid
✅ The correct answer is option C.
Leadership theory which explains that a leader is strongly affected by the situation in which he works is Situational theory. The situational leadership theory refers to those leaders who adopt different leadership styles according to the situation and the development level of their team members. It is an effective way of leadership because it adapts to the team’s needs and sets a beneficial balance for the whole organization.

Eurobonds are traded in

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A. only in issuing country
B. stagnant exchange
C. telephonic market
D. over counter market
✅ The correct answer is option D.
Eurobonds are traded in over counter market. Like stocks, after issuance in the primary market, bonds are traded between investors in the secondary market. However, unlike stocks, most bonds are not traded in the secondary market via exchanges. Rather, bonds are traded over the counter (OTC).

The ________ refers to the various companies that are involved in moving a product from its manufacturer into the hands of its buyer.

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A. Distribution chain
B. Network chain
C. Supply chain
D. Promotion network
✅ The correct answer is option A.
The Distribution chain refers to the various companies that are involved in moving a product from its manufacturer into the hands of its buyers. The path through which goods and services travel from the vendor to the consumer or payments for those products travel from the consumer to the vendor. A distribution channel can be as short as a direct transaction from the vendor to the consumer, or may include several interconnected intermediaries along the way such as wholesalers, distributers, agents and retailers.