Management MCQs

Cost such as dispose value of an old machine is $6000 is classified as

by
A. irrelevant
B. depreciated cost
C. salvages
D. relevant
✅ The correct answer is option D.
Cost such as dispose value of an old machine is $6000 is classified as relevant cost. Relevant cost is a managerial accounting term that describes avoidable costs that are incurred only when making specific business decisions.

Kets de Vries (1996) suggested strategic leaders have two key roles to play. Which two roles are they?

by
A. Transformational and Effective
B. Charismatic and Effective
C. Transformational and Charismatic
D. Charismatic and Architectural
✅ The correct answer is option D.
Kets de Vries (1996) suggested strategic leaders have two key roles to play that are Charismatic and Architectural. In the charismatic role, leaders envision a better future and empower and energize their subordinates. In the architectural role, leaders address issues related to organizational design and control and reward systems.

Porter and Lawler model of motivation is primary to

by
A. workers
B. directors
C. managers
D. supervisors
✅ The correct answer is option C.
Porter and Lawler model of motivation is primary to managers. The Porter and Lawler theory of motivation is based on the assumption that rewards cause satisfaction and that sometimes performance produces reward. They hypothesize that the relationship between satisfaction and performance is linked by another variable rewards.

What can be used to promote unbiased views and to manage the development of the mission and vision statement more effectively?

by
A. an internal group
B. a committee of managers
C. command-and-control
D. a facilitator
✅ The correct answer is option D.
A facilitator can be used to promote unbiased views and to manage the development of the mission and vision statement more effectively. Facilitation is defined as an activity designed ‘to make easier, to promote or help forward’. In business, it is about helping people to solve their problems using their own solutions.

The first-order Markov chain is generally used when.

by
A. Transition probabilities are fairly stable
B. Change in transition probabilities is random
C. No sufficient data are available
D. All of the above
✅ The correct answer is option A.
The first-order Markov chain is generally used when transition probabilities are fairly stable. The first order Markov chain transition probability is the conditional probability that the second amino acid occurs in a two-amino-acid sequence, given the occurrence of the first amino acid, ie P(second amino acid|first amino acid).

According to Maslow, physiological needs is a

by
A. high level needs
B. medium level needs
C. lower level needs
D. psychological needs
✅ The correct answer is option C.
According to Maslow, physiological needs is a lower level needs. Physiological needs deal with the maintenance of the human body. This lowest category includes the most basic needs that are vital to survival, such as the need for water, air, food, and sleep.