Management MCQs

The Holiday Inn, Burlington statement, “If a customer has a need or want, we fill it.” is an example of a:

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A. Business unit goals
B. Marketing objectives
C. Business unit mission
D. Goal of a business segment
✅ The correct answer is option B.
The Holiday Inn, Burlington statement, “If a customer has a need or want, we fill it.” is an example of a Marketing objectives. Marketing objectives are goals set by a business when promoting its products or services to potential consumers that should be achieved within a given time frame.

Job titles that refer to strategists include which of the following?

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A. External audit
B. Owner, entrepreneur, executive director, and accountant
C. Chief executive officer, salesman, dean, and lawyer
D. Owner, dean, president, and executive director
✅ The correct answer is option D.
Job titles that refer to strategists include Owner, dean, president, and executive director. A job title can describe the responsibilities of the position, the level of the job, or both. For example, job titles that include the terms “executive,” “manager,” “director,” “chief,” “supervisor,” etc. are typically used for management jobs.

The components of Balance of Payment includes.

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A. Current and Capital Account
B. Current account and official reserves
C. Capital Account and Official reserves
D. Current account, capital account and official reserves
✅ The correct answer is option B.
The components of Balance of Payment includes Current account and official reserves.

Voting ballot that is sent to stock holders by corporation is classified as

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A. corporate paper
B. white voting paper
C. screened paper
D. proxy
✅ The correct answer is option D.
Voting ballot that is sent to stock holders by corporation is classified as proxy. A proxy is an agent legally authorized to act on behalf of another party or a format that allows an investor to vote without being physically present at the meeting.

Which of the following statement is True(T) or False(F) are given below. 1. Semantic markers like it is worth noting is used to indicate the relative importance of different items. 2. For illustrations and examples semantic markers like primarily secondly are used 3. To express a time relationship we use- so, thus, hence.

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A. TTT
B. FFF
C. FTF
D. TFF
✅ The correct answer is option D.
1. Semantic markers like it is worth noting is used to indicate the relative importance of different items.
2. For illustrations and examples semantic markers like secondly are used
3. To express a time relationship we use- relation, connection, tie, association, consanguinity, affinity, likeness, link, kinship, blood tie, bond, dependence, etc.

__________ charts are used to represent the project tasks and durations.

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A. Gantt
B. X ray
C. Bar
D. Scatter
✅ The correct answer is option A.
Gantt charts are used to represent the project tasks and durations. A gantt chart is a horizontal bar chart that visually represents a project plan over time. Modern gantt charts typically show you the status of as well as who’s responsible for each task in the project.

We multiply foreign revenue with rate with respect to that country is

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A. Forward rate
B. Spot rate
C. Cash Flows
D. Portfolio Investment
✅ The correct answer is option B.
We multiply foreign revenue with rate with respect to that country is Spot rate. The spot rate is the price quoted for immediate settlement on a commodity, a security or a currency. The spot rate, also referred to as the “spot price,” is the current market value of an asset at the moment of the quote.

An estimated price, which is expected to be paid by customers for particular market offering is classified as

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A. target price
B. target cost
C. outsource price
D. off shore price
✅ The correct answer is option A.
An estimated price, which is expected to be paid by customers for particular market offering is classified as target price. Target price is on which Investor want to sell the security.so investor put his target price in his/her demat account while place selling order.

Difference between actual input variance and budgeted input variance is called

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A. price variance
B. actual output price
C. budgeted output price
D. actual selling price
✅ The correct answer is option A.
Difference between actual input variance and budgeted input variance is called price variance. Price variance is the difference between the actual price paid by a company to purchase an item and its standard price, multiplied by the number of units purchased.

In managerial grid, the style of management depicts the style of a leader who is neither concerned about the people nor does he care about the task to be performed is

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A. task management
B. impoverished style
C. country club
D. team management style
✅ The correct answer is option B.
In managerial grid, the style of management depicts the style of a leader who is neither concerned about the people nor does he care about the task to be performed is impoverished style. The impoverished leadership style is plotted at the bottom-left corner of the grid and shows the least concern for production or for people.