Management MCQs

Second step in decision making process is

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A. multi-collinearity information
B. quantitative information
C. qualitative analysis
D. obtaining information
✅ The correct answer is option D.
Second step in decision making process is obtaining information. Gather relevant information Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it. This step involves both internal and external “work.” Some information is internal: you’ll seek it through a process of self-assessment.

In a big network the system are called as ______.

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A. system
B. node
C. group systems
D. personal system
✅ The correct answer is option B.
In a big network the system are called as node. It’s called the computer node or internet node. Modems, switches, hubs, bridges, servers, and printers are also nodes, as are other devices that connect over Wi-Fi or Ethernet.

Balanced scorecard perspective focuses on all operations, which leads to value creation process for customers, can be categorized as

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A. learning perspective
B. financial perspective
C. internal business process perspective
D. customer perspective
✅ The correct answer is option C.
Balanced scorecard perspective focuses on all operations, which leads to value creation process for customers, can be categorized as internal business process perspective. This perspective explains how the company is going to satisfy customer needs and meet financial goals.

MIGA stands for

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A. Multilateral Investment Guarantee Agency
B. Multilateral Institutional and Government Agencies
C. Mutual Interest Guaranteeing Agencies
D. Mutual Institutional and Government Agencies
✅ The correct answer is option A.
MIGA stands for Multilateral Investment Guarantee Agency. The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees.

______________ are defined as resources, skills and attributes of an organization that are essential to deliver success in the market place

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A. Balanced score card
B. Industrial analysis
C. Core competencies
D. Critical success factors
✅ The correct answer is option D.
Critical success factors are defined as resources, skills and attributes of an organization that are essential to deliver success in the market place. A critical success factor (often abbreviated “CSF”) may sound complicated, but it’s actually a pretty simple concept.

The “balanced scorecard” supplies top managers with a _____________ view of the business.

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A. long-term financial
B. detailed and complex
C. simple and routine
D. fast but comprehensive
✅ The correct answer is option D.
The “balanced scorecard” supplies top managers with a fast but comprehensive view of the business. A balanced scorecard is a strategic management performance metric used to identify and improve various internal business functions and their resulting external outcomes. Balanced scorecards are used to measure and provide feedback to organizations.

Which of the following statement is True(T) or False(F) are given below. 1. The best policy is to ask for identify of the person or the other end first before announcing your identity. 2. Never leave a caller or hold. 3. Use simple language, avoid slang technical ferns.

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A. TFT
B. FTT
C. TTT
D. FFF
✅ The correct answer is option B.
1. The best policy is not to ask for identify of the person or the other end first before announcing your identity.

2. Never leave a caller or hold.

3. Use simple language, avoid slang technical ferns.

A main difference among real and nominal interest proceeds is that

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A. real returns adjust for inflation and nominal returns do not
B. real returns use actual cash flows and nominal use expected cash flows
C. real interest adjusts for commissions and nominal returns do not
D. real returns show highest possible return and nominal returns show lowest possible returns
✅ The correct answer is option A.
A main difference among real and nominal interest proceeds is that real returns adjust for inflation and nominal returns do not. A real rate of return is the annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external factors. Adjusting the nominal return to compensate for factors such as inflation allows you to determine how much of your nominal return is real return.

Service mechanism in a queuing system is characterized by.

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A. Server’s behavior
B. Customer’s behavior
C. Customers in the system
D. All of the above
✅ The correct answer is option A.
Service mechanism in a queuing system is characterized by Server’s behavior. Queuing theory is the mathematical study of the delays of waiting in line, covering all aspects, from arrival time to the number of servers.