MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which dimension of an organization‟s environment refers to the degree to which it can support growth? |
| A. | Volatility |
| B. | Technology |
| C. | Capacity |
| D. | Complexity |
| Answer» D. Complexity | |
| 2. |
_____ is an individual's capacity to influence decisions |
| A. | Span of control |
| B. | Line authority |
| C. | Staff authority |
| D. | Power |
| Answer» E. | |
| 3. |
One of the most popular ways to group activities is by……….. |
| A. | Product |
| B. | Function |
| C. | Process |
| D. | Geography |
| Answer» C. Process | |
| 4. |
In question No. 127 what is the marginal output for the 3rd hours of labour |
| A. | 55 |
| B. | 50 |
| C. | 60 |
| D. | 65 |
| Answer» E. | |
| 5. |
Which of them is a characteristic of a price taker |
| A. | MR = Price |
| B. | AR = MR |
| C. | TR = PXQ |
| D. | All the three |
| Answer» E. | |
| 6. |
Scientific Management approach is developed by |
| A. | Elton Mayo |
| B. | Henry Fayol |
| C. | F.W. Taylor |
| D. | (A) Maslow |
| Answer» D. (A) Maslow | |
| 7. |
In the long run price is governed by …………. |
| A. | Cost of Production |
| B. | Demand supply forces |
| C. | Marginal utility |
| D. | None |
| Answer» B. Demand supply forces | |
| 8. |
Concept of MBO was introduced by: |
| A. | Peter. F.Drucker |
| B. | Mary Parker |
| C. | Henry Fayol |
| D. | Philip Kotler |
| Answer» B. Mary Parker | |
| 9. |
Which of the following is not a conflict resolution technique? |
| A. | superordinate goals |
| B. | appointing a devil’s advocate |
| C. | avoidance |
| D. | authoritative command |
| Answer» C. avoidance | |
| 10. |
An organization that seeks to eliminate the chain of command, have limitless spans of control, andreplace departments with empowered teams is called a/an……….. |
| A. | Cooperative organization |
| B. | Virtual organization |
| C. | Boundaryless organization |
| D. | Modular organization |
| Answer» D. Modular organization | |
| 11. |
A Monopoly‟s demand curve is |
| A. | Same as its average revenue curve |
| B. | Same as its supply curve |
| C. | Same as its cost curve |
| D. | Same as that of the factor inputs |
| Answer» B. Same as its supply curve | |
| 12. |
Authority, discipline, unity of command, and unity of direction are: |
| A. | Taylor's four principles of management. |
| B. | Principles of the human relations movement. |
| C. | Elements of Weber's ideal bureaucratic structure. |
| D. | Four of Fayol's fourteen principles of management. |
| Answer» E. | |
| 13. |
Decrease in Demand is also known as |
| A. | Expansion in demand |
| B. | Compression in demand |
| C. | Extension in demand |
| D. | Extraction in demand |
| Answer» E. | |
| 14. |
The supply of goods means …………… |
| A. | Quantity offered for sale at a given price and time |
| B. | Quantity produced by the manufacturer |
| C. | Quantity available with the supplier |
| D. | Consumers disposal income |
| Answer» B. Quantity produced by the manufacturer | |
| 15. |
Bread and butter have……….. |
| A. | Negative cross price elasticity of demand |
| B. | Positive cross elasticity of demand |
| C. | Positive income elasticity of demand |
| D. | Negative income elasticity of demand |
| Answer» B. Positive cross elasticity of demand | |
| 16. |
Goods or services that are not necessary for living are |
| A. | Needs |
| B. | Desires |
| C. | Wants |
| D. | Essentials |
| Answer» D. Essentials | |
| 17. |
CRR is used to |
| A. | Combat inflation |
| B. | Check black money |
| C. | Check tax evasion |
| D. | All the three |
| Answer» B. Check black money | |
| 18. |
_____ conflict hinders group performance. |
| A. | Formal |
| B. | Informal |
| C. | Functional |
| D. | Dysfunctional |
| Answer» E. | |
| 19. |
When the group disagrees, it is usually over how the work should get done. The type of conflictexperienced by your group is: |
| A. | task conflict. |
| B. | relationship conflict. |
| C. | process conflict. |
| D. | traditional conflict. |
| Answer» D. traditional conflict. | |
| 20. |
___________________ are those plans that are extended beyond three years. |
| A. | Short Term Plans |
| B. | Long Term Plans |
| C. | Specific Plans |
| D. | Strategic Plans |
| Answer» C. Specific Plans | |
| 21. |
Market demand curve for a commodity is |
| A. | Horizontal summation of the individual demand curve for the commodity |
| B. | Summation of individual demand curve for 3 years |
| C. | Demand curve of complementary goods |
| D. | Demand curve of supplementary goods |
| Answer» B. Summation of individual demand curve for 3 years | |
| 22. |
Which of the following would not reduce the transaction cost in a market? |
| A. | a real estate agent, when buying a house |
| B. | a stock broker, when purchasing stock |
| C. | a full page newspaper ad to sell your used lawn mower |
| D. | a farmer’s market for fresh produce |
| Answer» D. a farmer’s market for fresh produce | |
| 23. |
Which of these are not included in territory sector? |
| A. | Banking |
| B. | Insurance |
| C. | Agriculture |
| D. | Transport |
| Answer» D. Transport | |
| 24. |
Which type of organization outsources major business functions? |
| A. | Modular |
| B. | Innovation |
| C. | Virtual |
| D. | Feminine |
| Answer» B. Innovation | |
| 25. |
Which of the following is not an attribute of psychological individual difference? |
| A. | Motivation |
| B. | Learning |
| C. | Personality |
| D. | Complexion |
| Answer» E. | |
| 26. |
Super normal profits occurs when |
| A. | Average revenue is more than average cost |
| B. | Total revenue is maximum |
| C. | Total cost is minimum |
| D. | MC is equal to MR |
| Answer» B. Total revenue is maximum | |
| 27. |
High job specialization causes _____ conflict. |
| A. | communicative |
| B. | structural |
| C. | personal-variable |
| D. | antecedent |
| Answer» C. personal-variable | |
| 28. |
In a competitive market ……………….. is the price taker |
| A. | Firm |
| B. | Industry |
| C. | Consumer |
| D. | Trade association |
| Answer» B. Industry | |
| 29. |
The difference between an e-business enhanced organization and an e-business enabled organization is: |
| A. | Only an e-business enhanced organization uses the Internet. |
| B. | Only an e-business enhanced organization relies on an intranet. |
| C. | Only e-business enhanced organizations use e-business tools and applications. |
| D. | Only e-business enhanced organizations have e-business units within their organization. |
| Answer» E. | |
| 30. |
The innovation strategy is characterized by……………… |
| A. | A mixture of loose with tight properties |
| B. | Looser controls for new undertakings |
| C. | Low specialization and low formalization |
| D. | Tight controls over current activity |
| Answer» D. Tight controls over current activity | |
| 31. |
The field of operations management is shaped by advances in which of the following fields? |
| A. | chemistry and physics |
| B. | industrial engineering and management science |
| C. | information sciences |
| D. | all of the above |
| Answer» E. | |
| 32. |
Normative economic theory deals with |
| A. | What is or how the economic problem facing the society are solved |
| B. | How the problem should be solved |
| C. | What to Produce |
| D. | How to produce |
| Answer» C. What to Produce | |
| 33. |
The law of diminishing returns applies in……………. |
| A. | Short run |
| B. | Long run |
| C. | Very short run |
| D. | All the time period |
| Answer» B. Long run | |
| 34. |
A technique to bring changes in the entire organization, rather man focusing attention on individuals tobring changes easily. |
| A. | Organizational development |
| B. | Organizational change |
| C. | Organizational culture |
| D. | Organizational conflicts |
| Answer» B. Organizational change | |
| 35. |
Green revolution was successful because of use of ……. Seeds |
| A. | HYV |
| B. | Imported |
| C. | Australian |
| D. | Local seeds |
| Answer» B. Imported | |
| 36. |
Which of the following is NOT associated with learning organizations or knowledge management? |
| A. | COIN |
| B. | A recommended response to a rapidly changing world |
| C. | Systematic gathering and sharing of useful information. |
| D. | PSTN |
| Answer» E. | |
| 37. |
A firm that break even after all the economic costs are paid in earning |
| A. | Economic profit |
| B. | Accounting profit |
| C. | Normal profit |
| D. | Super normal profit |
| Answer» D. Super normal profit | |
| 38. |
In which stage are conflict issues defined? |
| A. | Stage I, Potential opposition |
| B. | Stage II, Cognition and personalization |
| C. | Stage III, Intuitions |
| D. | Stage IV, Behavior |
| Answer» C. Stage III, Intuitions | |
| 39. |
A short letter written to a potential employer with a resume attached is known as a |
| A. | Introduction letter |
| B. | Cover letter |
| C. | Interview letter |
| D. | Ice-breaker letter |
| Answer» C. Interview letter | |
| 40. |
If a solution to a particular problem is not vital to the functioning of an organization and management is willing to overlook the causes of the conflict, managers may choose to use which type of conflict resolution? |
| A. | Confrontation |
| B. | Avoidance |
| C. | Dominance |
| D. | Compromise |
| Answer» C. Dominance | |
| 41. |
--------------- theory believes that employees dislike work |
| A. | X theory |
| B. | Y theory |
| C. | Z theory |
| D. | None of these |
| Answer» B. Y theory | |
| 42. |
________ is the recording system which enables sender to leave messages for receiver by telephone. |
| A. | |
| B. | Voice Mail |
| C. | Videoconferencing |
| D. | Teleconferencing |
| Answer» C. Videoconferencing | |
| 43. |
______________________ teams are an effective way to allow people from diverse areas within an organization to exchange information, develop new ideas and solve problems, and coordinate complex project. |
| A. | Multifaceted |
| B. | Problem-solving |
| C. | Quality circle |
| D. | Cross-functional |
| Answer» E. | |
| 44. |
RBI was nationalized in |
| A. | June 1947 |
| B. | Jan. 1949 |
| C. | March 1954 |
| D. | April 1936 |
| Answer» C. March 1954 | |
| 45. |
An organizational design with low departmentalization, wide spans of control, authority centralized in asingle person and little formalization are characteristics of ________. |
| A. | Simple structure |
| B. | Functional structure |
| C. | Divisional structure |
| D. | None of given option |
| Answer» B. Functional structure | |
| 46. |
Walter Shewhart is listed among the important people of operations management because of hiscontributions to |
| A. | assembly line production |
| B. | measuring the productivity in the service sector |
| C. | statistical quality control |
| D. | all of the above |
| Answer» D. all of the above | |
| 47. |
Total cost is the arithmetic sum of |
| A. | AFC and AVC |
| B. | FC and Variable cost |
| C. | Marginal cost and variable cost |
| D. | Sunk cost and fixed cost |
| Answer» C. Marginal cost and variable cost | |
| 48. |
The functional approach to leadership emphasises that |
| A. | the various functions of leadership cannot be shared among members of a group |
| B. | leadership resides in a particular person and not in the functions |
| C. | both of the above |
| D. | neither of the above |
| Answer» E. | |
| 49. |
…….. is the price at which demand for a commodity is equal to its supply |
| A. | Normal price |
| B. | Equilibrium price |
| C. | Short run price |
| D. | Secular price |
| Answer» C. Short run price | |
| 50. |
Omlet and cakes have |
| A. | Negative cross price elasticity of demand |
| B. | Positive cross elasticity of demand |
| C. | Positive income elasticity of demand |
| D. | Negative income elasticity of demand |
| Answer» C. Positive income elasticity of demand | |