MCQOPTIONS
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MCQOPTIONS
This section includes 210 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
One of the factors that govern the wage level is |
| A. | Bargaining power of Trade Union |
| B. | The absence of Trade Union |
| C. | The economy of the country |
| D. | None of the above |
| Answer» B. The absence of Trade Union | |
| 52. |
A committee consisting of equal number of representatives of employer and workmen for settlement of dispute is called |
| A. | Board of Conciliation |
| B. | Labour Court |
| C. | Works Committee |
| D. | Court of Enquiry |
| Answer» D. Court of Enquiry | |
| 53. |
The relation between the number of persons joining the organisation and leaving due to resignation, retirement or retrenchment is called |
| A. | Work load analysis |
| B. | Work force analysis |
| C. | Labour turnover |
| D. | Absenteesm |
| Answer» D. Absenteesm | |
| 54. |
When employees are taken through a short course under working conditions that approximate actual office conditions it is known as |
| A. | Under study |
| B. | On the job training |
| C. | Coaching |
| D. | Vestibule |
| Answer» E. | |
| 55. |
The process of forecasting, developing and controlling by which a firm ensures it has the right number of people at the right place and time is |
| A. | Human resource planning |
| B. | Human resource management |
| C. | Human resource development |
| D. | Human resource information system |
| Answer» B. Human resource management | |
| 56. |
Human resource planning which helps to plan for educational facilities, health care facilities, agricultural and industrial development etc is |
| A. | HRP at national level |
| B. | HRP at sectoral level |
| C. | HRP at industry level |
| D. | HRP at the unit level |
| Answer» B. HRP at sectoral level | |
| 57. |
A plan originated to encourage efficiency amongst workers as well as to guarantee them wages according to time basis is |
| A. | Rowan plan |
| B. | Taylors differential piece wage plan |
| C. | Bedeaux Point premium plan |
| D. | Halsey plan |
| Answer» E. | |
| 58. |
______ training program tends more towards education than merely on the vocational training |
| A. | refresher 19 |
| B. | apprenticeship |
| C. | induction or orientation |
| D. | internship |
| Answer» C. induction or orientation | |
| 59. |
The President shall appoint the staff Grievance Committee which shall consist of |
| A. | 20 staff members |
| B. | 10 staff members |
| C. | 30 staff members |
| D. | 5 staff members |
| Answer» B. 10 staff members | |
| 60. |
If the employee feels aggrieved, the employee should file a written complaint within |
| A. | 10 days of occurrence |
| B. | 20 days of occurrence |
| C. | 15 days of occurrence |
| D. | 30 days of occurrence |
| Answer» C. 15 days of occurrence | |
| 61. |
Both the employee and the supervisor have the right to appeal to the |
| A. | Chairman |
| B. | President |
| C. | HR Manager |
| D. | Director |
| Answer» C. HR Manager | |
| 62. |
Using _________________, sellers often combine several of their products and offer the bundle at a reduced price. |
| A. | Discount and allowance pricing |
| B. | Product bundle pricing |
| C. | Promotional pricing |
| D. | Psychological pricing |
| Answer» C. Promotional pricing | |
| 63. |
In the marketing mix, the process of moving products from the producers to the intended users is called |
| A. | placing |
| B. | retailing |
| C. | wholesaling |
| D. | positioning |
| Answer» B. retailing | |
| 64. |
A strategy of setting a high price for a new product in the market so that the company makes fewer but more profitable sales is |
| A. | Market-skimming pricing |
| B. | Market-penetration pricing |
| C. | Captive-product pricing |
| D. | Inflation |
| Answer» B. Market-penetration pricing | |
| 65. |
The process of marketing communication involving information, persuasion and influence is called |
| A. | Marketing |
| B. | Marketing Mix |
| C. | Branding |
| D. | Promotion |
| Answer» E. | |
| 66. |
The promotion mix involves |
| A. | advertising |
| B. | sales promotion |
| C. | personal selling |
| D. | all of the above |
| Answer» E. | |
| 67. |
When a firm introduces new product to a market in which it is well established it is called |
| A. | Diversification |
| B. | Product development |
| C. | Market penetration |
| D. | Test marketing |
| Answer» C. Market penetration | |
| 68. |
Trade links connecting the manufacturers or producers and the intended consumers is called |
| A. | Wholesalers |
| B. | Retailers |
| C. | Channels of distribution |
| D. | Middlemen |
| Answer» D. Middlemen | |
| 69. |
Middlemen who do not handle the goods in the capacity of owners but render services and get paid in the form of commission are called |
| A. | Wholesalers |
| B. | Mercantile agents |
| C. | Merchant middlemen |
| D. | None of the above |
| Answer» C. Merchant middlemen | |
| 70. |
When a present product is introduced to a new market it is called |
| A. | Market development |
| B. | Market penetration |
| C. | Development strategy |
| D. | Product innovation |
| Answer» C. Development strategy | |
| 71. |
Consumer reaction and response is a yardstick use in |
| A. | Pricing of a product |
| B. | Psychological pricing |
| C. | Price leadership |
| D. | Tariff |
| Answer» B. Psychological pricing | |
| 72. |
The concept of marketing mix as the combination of the major tools of marketing was first developed by |
| A. | Borden |
| B. | Mc Carthy |
| C. | Mark & Spencer |
| D. | HaagenDaz |
| Answer» B. Mc Carthy | |
| 73. |
The characteristics of a product or service that bear on its ability to satisfy stated or implied customer needs |
| A. | Product feature |
| B. | Product quality |
| C. | Branding |
| D. | Product design |
| Answer» C. Branding | |
| 74. |
An Extended marketing mix, the 7 Ps was proposed by Booms and Bitner in the year |
| A. | 1982 |
| B. | 1981 |
| C. | 1980 |
| D. | 1983 |
| Answer» C. 1980 | |
| 75. |
_____ do not normally deal with the end consumer but with other intermediaries |
| A. | wholesalers |
| B. | retailers |
| C. | distributors |
| D. | franchisees |
| Answer» B. retailers | |
| 76. |
For consumer goods, the most visible player in the channel of distribution is the |
| A. | retailer |
| B. | wholesaler |
| C. | producer |
| D. | consumer |
| Answer» B. wholesaler | |
| 77. |
Marketing involves ______activities regarding goods |
| A. | selling |
| B. | advertising |
| C. | sales promotiom |
| D. | all of the above |
| Answer» E. | |
| 78. |
Marketing means |
| A. | transfer of ownership |
| B. | formulation of marketing policies |
| C. | salesmanship and sale promotion |
| D. | all of the above |
| Answer» B. formulation of marketing policies | |
| 79. |
________ is the costliest form of marketing |
| A. | personal selling |
| B. | advertising |
| C. | sales promotion |
| D. | all of the above |
| Answer» B. advertising | |
| 80. |
Setting prices across an entire product line |
| A. | Optional-product pricing |
| B. | By-product pricing |
| C. | Product line pricing |
| D. | Product bundle pricing |
| Answer» D. Product bundle pricing | |
| 81. |
Marketing mix is the market mechanism consisting of elements like |
| A. | production |
| B. | price |
| C. | place and promotion |
| D. | all of the above |
| Answer» E. | |
| 82. |
____________means a mark made on commodities to indicate the quality and the manufacturer. |
| A. | Design |
| B. | Brand |
| C. | Style |
| D. | All of the above |
| Answer» C. Style | |
| 83. |
The elements of the marketing mix includes |
| A. | Product |
| B. | price |
| C. | Promotion |
| D. | All of these |
| Answer» E. | |
| 84. |
_________implies face to face contact between a seller and a buyer. |
| A. | Sales promotion |
| B. | Personal selling |
| C. | Publicity |
| D. | Advertising |
| Answer» C. Publicity | |
| 85. |
A ___________is a person who acts as a link in the channel of distribution. |
| A. | Producer |
| B. | Consumer |
| C. | Middleman |
| D. | None of these |
| Answer» D. None of these | |
| 86. |
_____ is a source of long-term finance. |
| A. | Venture funding |
| B. | Hire-purchase finance |
| C. | Lease finance |
| D. | All of the above |
| Answer» E. | |
| 87. |
________________ calls for skillful planning, control and execution of a firm s activities |
| A. | capital structure |
| B. | finance function |
| C. | working capital function |
| D. | dividend policy |
| Answer» C. working capital function | |
| 88. |
The financial function for allocation of capital to long term assets is |
| A. | Capital structure |
| B. | Capital budgeting |
| C. | Working capital management |
| D. | Dividend policy |
| Answer» C. Working capital management | |
| 89. |
______________ management refers to current assets management which effects the firm s liquidity and solvency |
| A. | Working capital |
| B. | Capital structure |
| C. | Dividend policy |
| D. | Capital budgeting |
| Answer» B. Capital structure | |
| 90. |
The objectives of financial management includes- |
| A. | Procurement of funds |
| B. | Optimum capital structure |
| C. | Utilization of funds |
| D. | All of the above |
| Answer» B. Optimum capital structure | |
| 91. |
_______________ involves the decision of allocation of capital or commitment of funds to long-term assets that would yield benefits in the future |
| A. | Working capital |
| B. | Capital budgeting |
| C. | Dividend policy |
| D. | Capital structure |
| Answer» C. Dividend policy | |
| 92. |
The important factors that to be considered for dividend policy includes- |
| A. | Government tax policy |
| B. | Maintenance of reserves |
| C. | Legal restrictions |
| D. | All of the above |
| Answer» E. | |
| 93. |
The only viable goal of financial management is: |
| A. | Profit maximization |
| B. | Wealth maximization |
| C. | Sales maximization |
| D. | Assets maximization |
| Answer» C. Sales maximization | |
| 94. |
The extent to which the firm has fixed financing costs arising from the use of debt is measured by |
| A. | Combined leverage |
| B. | Operating leverage |
| C. | Financial leverage |
| D. | None of the above |
| Answer» D. None of the above | |
| 95. |
Short-term finance is required to meet the expenses for- |
| A. | Payment of wages and salaries |
| B. | Cost of fixed assets |
| C. | Initial development expenditures |
| D. | Operating losses |
| Answer» B. Cost of fixed assets | |
| 96. |
Which of the following is not a component of current assets? |
| A. | Cash |
| B. | Debtors |
| C. | Bills Payables |
| D. | Inventories |
| Answer» D. Inventories | |
| 97. |
The modern approach to finance functions considers which of the following? |
| A. | Investment decisions |
| B. | Financing decisions |
| C. | Dividend decisions |
| D. | All of the above |
| Answer» E. | |
| 98. |
________ varies with the volume of operations |
| A. | Fixed/Permanent WC |
| B. | Fluctuating/Temporary WC |
| C. | Gross WC |
| D. | Net WC |
| Answer» C. Gross WC | |
| 99. |
A firm should select a financing mix which maximizes its value and the shareholders wealth. Such is referred to as |
| A. | Optimal Capital Ration |
| B. | Optimal Capital Budget |
| C. | Optimal Capital costs |
| D. | Optimal Capital structure |
| Answer» E. | |
| 100. |
Projects are accepted under profitability method, if |
| A. | PI > 1 |
| B. | PI = 1 |
| C. | PI < 1 |
| D. | PI = 0 |
| Answer» B. PI = 1 | |