Management MCQs

The business unit strategy has three major components:

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A. mission, business, and SBU goals
B. marketing, advertising and pricing objectives
C. mission, business unit goals, and competencies
D. business mission, department mission, and daily plans
✅ The correct answer is option C.
The business unit strategy has three major components mission, business unit goals, and competencies. The major parts of a standard strategic plan include the following: Mission, vision, and aspirations, Core values, Strengths, weaknesses, opportunities, and threats, Objectives, strategies, and operational tactics, Measurements and funding streams.

Under writer spread is subtracted from gross proceeds to calculate

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A. Gross proceeds
B. cumulative proceeds
C. non cumulative proceeds
D. net proceeds
✅ The correct answer is option D.
Under writer spread is subtracted from gross proceeds to calculate net proceeds. Net proceeds are the amount the seller receives following the sale of an asset after all costs and expenses are deducted from the gross proceeds.

Which of the following statement is True(T) or False(F) are given below. 1. When you invite any guest to a function you have to clearly write the time and Venue 2. It is bad business etiquette to write any acceptance or declination of an invitation.

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A. TF
B. FT
C. FF
D. TT
✅ The correct answer is option A.
1. When you invite any guest to a function you have to clearly write the time and Venue

2. It is good business etiquette to write any acceptance or declination of an invitation.

Which of the following act represents a situation in which employment decisions are NOT affected by illegal-discrimination?

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A. Fair employment
B. Legal compliance
C. Litigation Process
D. Affirmative action
✅ The correct answer is option A.
Fair employment act represents a situation in which employment decisions are NOT affected by illegal-discrimination. Illegal discrimination is defined generally as being treated differently than someone else “because of” a protected characteristic.

The following is (are) the key components of a business process Re-engineering programme?

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A. Product development
B. Service delivery
C. Customer satisfaction
D. All of the above
✅ The correct answer is option D.
The Product development, Service delivery and Customer satisfaction are the key components of a business process Re-engineering programme.