Management MCQs

In companies can develop ____ information system to gain a competitive edge.

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A. Structural
B. Strategic
C. Procedural
D. Physical
✅ The correct answer is option B.
In companies can develop Strategic information system to gain a competitive edge. Strategic Information System is developed to respond to the corporate world used for giving the higher advantage of competition.

According to Sir Allen Shepherd what is the task of corporate leadership?

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A. To apply energy and judgement to the corporate culture to ensure its relevance
B. To apply energy and judgement to the corporate culture to ensure its stability
C. To apply energy and judgement to the corporate culture to ensure its continuity
D. To apply energy and judgement to the corporate culture to ensure its productivity
✅ The correct answer is option A.
According to Sir Allen Shepherd to apply energy and judgement to the corporate culture to ensure its relevance is the task of corporate leadership. Shepherd leadership is a matter of selfless service to subordinates. This service to others will require a commitment to serve without the potential of immediate recognition or reward. Shepherd leadership will require, at times, gently leading those in their charge, mentoring and sometimes teaching them along the way.

The merging of analysis of internal and external factors influencing the organizations strategy is known as

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A. complete studies
B. organizational behavior and theory
C. definitional analysis
D. SWOT analysis
✅ The correct answer is option D.
The merging of analysis of internal and external factors influencing the organizations strategy is known as SWOT analysis. SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company’s competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.

Level of used input to achieve a determined level of output is termed as

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A. efficiency
B. effectiveness
C. growth evaluation
D. performance evaluation
✅ The correct answer is option A.
Level of used input to achieve a determined level of output is termed as efficiency. Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result.

In real world, all factors of production are perfectly

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A. Mobile
B. Immobile
C. Somewhat mobile
D. All of answers are correct
✅ The correct answer is option B.
In real world, all factors of production are perfectly immobile. Factors of production are the inputs needed for the creation of a good or service. The factors of production include land, labor, entrepreneurship, and capital.

Choice of financial managing can be split down into choices of

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A. Financing and investment
B. Investment, financing, and asset management
C. Financing and dividend
D. Capital budgeting, cash management, and credit management
✅ The correct answer is option B.
Choice of financial managing can be split down into choices of Investment, financing, and asset management.

Bankers acceptance which is usually time draft is fully backed by

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A. commercial banks
B. Swiss banks
C. agriculture banks
D. functional banks
✅ The correct answer is option A.
Bankers acceptance which is usually time draft is fully backed by commercial banks. Commercial banks make money by providing loans and earning interest income from those loans.