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This section includes 19 Mcqs, each offering curated multiple-choice questions to sharpen your Master of Business Administration (MBA) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
An older system that is still of use to an organization despite the need for frequent maintenance is a(n): |
| A. | obsolete system. |
| B. | legacy system. |
| C. | repository. |
| D. | None of the above. |
| Answer» C. repository. | |
| 2. |
Which of the following is a recommendation that will successfully implement an enterprise wide system? |
| A. | Secure executive sponsorship. |
| B. | Get help from outside experts. |
| C. | Thoroughly train users. |
| D. | All of the above |
| Answer» E. | |
| 3. |
Which of the following is not true of problems that can arise when firms within a supply chain do not collaborate? |
| A. | Reduced costs |
| B. | Excessive inventories |
| C. | Missed production schedules |
| D. | Inaccurate manufacturing capacity |
| Answer» B. Excessive inventories | |
| 4. |
The use of online and offline promotion techniques to increase the audience of a site is known as |
| A. | Search engine optimisation |
| B. | Traffic building campaign |
| C. | Quality score |
| D. | Search engine marketing |
| Answer» C. Quality score | |
| 5. |
Identify the subsystems of Plant Maintenance module of an ERP system: I. Component Tracking II. Preventive Maintenance Control III. Inventory Management IV. Cost Management |
| A. | 1, 2 & 3 |
| B. | 2, 3 & 4 |
| C. | 1 & 2 |
| D. | 1, 3 & 4 |
| Answer» D. 1, 3 & 4 | |
| 6. |
Sub modules of Sales and Distribution modules are: I. Order Management II. Warehouse Management III. Foreign Trade IV. Sales Support |
| A. | 3 |
| B. | 1 & 2 |
| C. | 2 & 4 |
| D. | 1, 2, 3 & 4 |
| Answer» E. | |
| 7. |
Identify the main components of PDM systems-- I. Data Management II. Classification of Components III. Product Structure IV. Document relationships |
| A. | 1, 2 & 3 |
| B. | 1, 4 & 3 |
| C. | 2 & 3 |
| D. | 4 & 3 |
| Answer» B. 1, 4 & 3 | |
| 8. |
Match the following: First set:I. Material request managementII. Material IssueIII. Material Receipt IV. Stock Valuation Second set: |
| A. | receipt is issued from the seller. |
| B. | Stock is verified mechanically. |
| C. | Appeal for materials is made from various departments. |
| D. | Materials are issued as per order. |
| Answer» B. Stock is verified mechanically. | |
| 9. |
Components of a CRM system are:I. UsersII. Hardware and Operating SystemsIII. CRM SoftwareIV. Business Processes |
| A. | 3 &4 |
| B. | 1, 2, 3 & 4 |
| C. | 2 & 4 |
| D. | 1,2 & 3 |
| Answer» C. 2 & 4 | |
| 10. |
Important point to be kept in mind while evaluating ERP software is the total costs that includesI. Cost of licenseII. Cost of TrainingIII. Implementation and maintenance cost.IV. Customisation and hardware requirements costs. |
| A. | 1, 2, & 3 |
| B. | 2, 3, & 4 |
| C. | 1, 2, 3, & 4 |
| D. | 1, 2, &4 |
| Answer» D. 1, 2, &4 | |
| 11. |
State whether the following are True/False.I. HRM defines enterprise planning for work and job roles with respect to specific language.II. HRM defines staff selection and decides various phases of the project according the policies of the company.III. HRM does not facilitate recruitment process.IV. HRM deploys effective search engine to easily find and sort out the profiles that is filtered with respect to the company s criteria. |
| A. | 1T, 2F, 3F, 4T |
| B. | 1T, 2T, 3T, 4T |
| C. | 1T, 2T, 3F, 4T |
| D. | 1T, 2T, 3F, 4F |
| Answer» D. 1T, 2T, 3F, 4F | |
| 12. |
Match the following sets of topology categories and their examples.First Set:I. Internal failure costsII. External failure costsIII. Appraisal costs,IV. Prevention costsSecond Set:A. Costs of scrap.B. Design and development of new quality equipmentC. Cost of inspecting upon arrival.D. Warranty claims. |
| A. | 1A, 2D, 3C, 4B |
| B. | 1C, 2B, 3D, 4A |
| C. | 1C, 2D, 3A, 4B |
| D. | 1C, 2A, 3B, 4D |
| Answer» B. 1C, 2B, 3D, 4A | |
| 13. |
World Software automatically allows the user to,I. Selectively mix, match and integrate software applications.II. Easily modify it to ongoing business, local and organization-specific requirements.III. Maximise productivity by shrinking the amount of training users nIV. Add World Vision, its advanced graphical user interface. |
| A. | 1 & 3 |
| B. | 2, 3, & 4 |
| C. | 1, 2, & 3 |
| D. | 1, 2, & 4 |
| Answer» E. | |
| 14. |
ERP system is a highly integrated, and enterprise wide information system that covers |
| A. | All the functional areas of an organization |
| B. | Manufacturing |
| C. | zarea of an organization |
| D. | Materials department of an organization |
| Answer» B. Manufacturing | |
| 15. |
What was the rationale behind introducing the Global Data Synchronisation Network in 2005? |
| A. | To provide a common pricing structure taking currency fluctuations into account |
| B. | To speed up e-commerce interaction |
| C. | To allow trading partners to manage each other's supply chain |
| D. | To create standards for sharing information about products |
| Answer» E. | |
| 16. |
As guidance to managing a global distribution, seven action points have been suggested. Do these include: |
| A. | Do not waste money, time and energy initially |
| B. | Let distributors pick you |
| C. | Treat local distributors as short-term partners |
| D. | They are all incorrect |
| Answer» E. | |
| 17. |
What would be the total cost of inventory, if a firm holds 200 units of a product A ,where the carrying cost is Rs. 2 per unit? |
| A. | Rs. 202 |
| B. | Rs. 100 |
| C. | Rs. 198 |
| D. | Rs. 400 |
| Answer» E. | |
| 18. |
Which of the following mathematical expressions can be employed to compute inventory cost? |
| A. | Carrying cost per unit + average inventory cost |
| B. | Carrying cost per unit average inventory cost |
| C. | Carrying cost per unit average inventory cost |
| D. | Carrying cost per unit average inventory cost |
| Answer» B. Carrying cost per unit average inventory cost | |
| 19. |
Which of the following is the cost of carrying an item in inventory for a specific period of time? |
| A. | Ordering cost |
| B. | Holding cost |
| C. | Shortage cost |
| D. | Stock out cost |
| Answer» C. Shortage cost | |