Management MCQs

In customer cost hierarchy, costs of individual customer support activities are classified as

by
A. discretionary channel costs
B. corporate-sustaining costs
C. distribution-channel costs
D. customer-sustaining costs
✅ The correct answer is option D.
In customer cost hierarchy, costs of individual customer support activities are classified as customer-sustaining costs. A customer-sustaining cost is the cost of resources consumed to service a customer regardless of the number of units sold to the customer.

Disney is in the business of:

by
A. theme parks or movies
B. creating entertainment, fun and fantasy
C. building theme parks
D. designing new imaginative characters
✅ The correct answer is option B.
Disney is in the business of creating entertainment, fun and fantasy. The Walt Disney Company is one of the most creative and successful forces in the entertainment industry. The company is best known for bringing decades of fantasy to families through its motion pictures, television series, and amusement parks.

Management is ____________.

by
A. art
B. science
C. art and science
D. humanities
✅ The correct answer is option C.
Management is both art and science. It is considered as a science because it has an organized body of knowledge which contains certain universal truth. It is called an art because managing requires certain skills which are personal possessions of managers.

Process in which group of investment banks distribute securities is classified as

by
A. task groups
B. syndicate
C. investment groups
D. securitize groups
✅ The correct answer is option B.
Process in which group of investment banks distribute securities is classified as syndicate. This is a way of distributing a newly issued security, such as stocks or bonds, to investors.

AIS stands for _______.

by
A. Account Interactive System
B. Accounting Inactive system
C. Account In System
D. Accounting Information Systems
✅ The correct answer is option D.
AIS stands for Accounting Information Systems. An accounting information system (AIS) is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies.

Amount of money involved in swap transaction is classified as

by
A. notion principal
B. swap principal
C. transaction principal
D. time value of swap
✅ The correct answer is option A.
Amount of money involved in swap transaction is classified as notion principal. The notional principal amount, in an interest rate swap, is the predetermined dollar amounts, or principal, on which the exchanged interest payments are based. The notional principal never changes hands in the transaction, which is why it is considered notional, or theoretical.

Aim of MNC is to boost accounting profitability by shifting funds around the

by
A. Country
B. Region
C. World
D. Market
✅ The correct answer is option C.
Aim of MNC is to boost accounting profitability by shifting funds around the World. A central goal of a multinational corporation is to remain more innovative than its competitors, and to anticipate what products will be most profitable in the coming years. The corporation must then get that product into the market.

Raised eyebrows and shrugs are examples of

by
A. body language
B. cross-cultural communication
C. poor communication
D. good communication
✅ The correct answer is option A.
Raised eyebrows and shrugs are examples of body language. Body language is a type of nonverbal communication that relies on body movements (such as gestures, posture, and facial expressions) to convey messages.

You are planning to install a steel manufacturing plant in your city. For that purpose you want to have a supplier who supplies you the steel in raw form for manufacturing. Here supplier supplies you which of the following form of industrial product?

by
A. Material and parts
B. Capital items
C. Supplies and services
D. None of the given options
✅ The correct answer is option A.
Here material and parts are the form of industrial product.

What is an incremental strategy?

by
A. One that is formalized from the beginning and adhered to along the way exactly
B. One that evolves according to past experiences and changing circumstances
C. One that is formalized, but is slightly flexible if necessary
D. One that has the potential to open up new opportunities along the way which can be incorporated into the long term strategy
✅ The correct answer is option B.
One that evolves according to past experiences and changing circumstances is an incremental strategy. Incremental strategic planning identifies the changes an organization needs to implement in order to improve specific conditions, whether these are community conditions or organizational conditions. Incremental plans provide very clear direction on political and funding priorities.