Management MCQs

The total value of the products and services marketed by a nation is called.

by
A. Gross Domestic Product
B. Gross National Product
C. National Income
D. Per capita income
✅ The correct answer is option D.
The total value of the products and services marketed by a nation is called Per capita income. Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.

Which of the following term best represents the individuals who have interests in an Organisation and are influenced by it?

by
A. Workforce
B. Stakeholders
C. Customers
D. Stockholders
✅ The correct answer is option B.
Stakeholders best represents the individuals who have interests in an Organisation and are influenced by it. Primary stakeholders are direct beneficiaries, such as employees who receive a raise because HR revised the company’s compensation structure. Indirect or secondary stakeholders derive benefits from HR projects, such as a neighboring business that profits from a company hiring more staff.

Government issues treasury bills at discounted rate from

by
A. face value
B. book value
C. premium value
D. federal value
✅ The correct answer is option A.
Government issues treasury bills at discounted rate from face value. U.S. Treasury bills (T-bills) are typically sold at a discount from their par value. The level of discount is determined during Treasury auctions. Unlike other U.S. Treasury securities such as Treasury notes (T-notes) and Treasury bonds (T-bonds), T-bills do not pay periodic interest at six-month intervals.

The control takes place before the actual activity is known as

by
A. concurrent control
B. feed forward control
C. feedback control
D. preserving control
✅ The correct answer is option B.
The control takes place before the actual activity is known as feed forward control. Feedforward control is a mechanism in a system for preventing problems before they occur by for monitoring performance inputs and reacting so as to maintain an identified level.

Which of the following is not one of the contextual aspects that have a critical impact on strategic change?

by
A. Structural factors
B. Environmental factors
C. Personal factors
D. Financial factors
✅ The correct answer is option D.
Financial factors is not one of the contextual aspects that have a critical impact on strategic change. A factor is an intermediary agent that finances receivables. A factor is essentially a funding source that agrees to pay the company the value of an invoice less a discount for commission and fees.

Three ways in which communication flows through formal organizational channels are called

by
A. loose coupling, tight coupling, and uncoupling
B. positive flow, negative flow, and peripheral flow
C. downward flow, upward flow, and horizontal flow
D. the grapevine, the gatekeeper, and the network
✅ The correct answer is option C.
Three ways in which communication flows through formal organizational channels are called downward flow, upward flow, and horizontal flow. Communication within a business can involve different types of employees and different functional parts of an organization. These patterns of communication are called flows, and they are commonly classified according to the direction of interaction: downward, upward, horizontal, diagonal, external.

According to loanable funding theory, net suppliers of funds are

by
A. insurance companies
B. government
C. corporations
D. households
✅ The correct answer is option D.
According to loanable funding theory, net suppliers of funds are households. According to this approach, the interest rate is determined by the demand for and supply of loanable funds. The term loanable funds includes all forms of credit, such as loans, bonds, or savings deposits.

Single European Act created in

by
A. 1970
B. 1988
C. 1977
D. 1978
✅ The correct answer is option B.
Single European Act created in 1988. Single European Act (SEA), agreement enacted by the European Economic Community (EEC; precursor to the European Community and, later, the European Union) that committed its member countries to a timetable for their economic merger and the establishment of a single European currency and common foreign and domestic policies.

When effort to earn additional income through a second job does not bear fruit, such type of efforts & the consequent results may be called as

by
A. Red moon lighting
B. Blue moon lighting
C. Yellow moon lighting
D. Silver moon lighting
✅ The correct answer is option B.
When effort to earn additional income through a second job does not bear fruit, such type of efforts & the consequent results may be called as Blue moon lighting. Moonlighting refers to the practice of working a second job outside normal business hours. Therefore, an employee may work a normal 9-to-5 job as a primary source of income but work nights at a different job in order to earn extra money.