Management-07

CO6I, EE5I, EJ6I, IF6I, ME5I

22509

Multiple Choice Questions (MCQs)

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1   Which of the following is not a basic function of the management process?
    (A)   Controlling
    (B)   Organizing
    (C)   Working
    (D)   Leading
[showhide type=”button7c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
2   In line organization, who is responsible for final result?
    (A)   The worker
    (B)   The Superior authority
    (C)   The managers
    (D)   The foreman
[showhide type=”button7c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
3   Which of the following is not the advantages of a public limited company?
    (A)   Quick Formation
    (B)   Large Capital
    (C)   Professional Management
    (D)   Limited Liability
[showhide type=”button7c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
4   Which of the following is not the responsibility of a production manager?
    (A)   Quality
    (B)   Quantity
    (C)   Storage of goods
    (D)   Controlling accidents
[showhide type=”button7c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
5   In partnership, the partners have unlimited liability, is it true or false?
    (A)   TRUE
    (B)   FALSE
    (C)   Partly True
    (D)   Partly False
[showhide type=”button7c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
6   What happens in fatal accident?
    (A)   Hospitalization
    (B)   Fractures
    (C)   Disablement
    (D)   Death
[showhide type=”button7c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
7   —– is a factor influencing requirements of fixed capital?
    (A)   capitalization
    (B)   Nature of business
    (C)   higher operating efficiency
    (D)   none of above
[showhide type=”button7c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
8   Which one of the following is not a major section in cash budget?
    (A)   Receipts Section
    (B)   Disbursements section
    (C)   Financing Section
    (D)   Capital section
[showhide type=”button7c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
9   Which one of the following is not a tax charged by the central Government?
    (A)   Income Tax
    (B)   Customs duties
    (C)   Wealth tax
    (D)   Stamp duty
[showhide type=”button7c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
10   Service tax is applicable to the whole of India except the state
    (A)   Goa
    (B)   Assam
    (C)   Jammu and Kashmir
    (D)   Punjab
[showhide type=”button7c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
11   What are the various costs involved in material management?
    (A)   Procurement costs
    (B)   Inventory carrying costs
    (C)   Total cost
    (D)   a and b both
[showhide type=”button7c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
12   One of the functions of MRP
    (A)   Forecast of material
    (B)   Reducing waste
    (C)   Economy in buying
    (D)   all of the these
[showhide type=”button7c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
13   Which one of the following can be an ERP module?
    (A)   Human resource
    (B)   sales and marketing
    (C)   Finance
    (D)   all of the above
[showhide type=”button7c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
14   An activity under quality assurance:
    (A)   process control
    (B)   Continuous improvement
    (C)   benchmarking
    (D)   none of above
[showhide type=”button7c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
15   Which one of the following benefits the customer due to TQM?
    (A)   Greater satisfaction
    (B)   less number of problems
    (C)   Customer empowerment
    (D)   Both ‘A’ and ‘B’
[showhide type=”button7c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
16   Old Indian textile industry was predominantly —– based.
    (A)   Polyester
    (B)   Cotton
    (C)   Synthetic Textile
    (D)   Blended Fabrics
[showhide type=”button7c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
17   Which one of the following categories of chemical industry has smallest volume?
    (A)   Basic Chemicals
    (B)   Life Sciences
    (C)   Specialty Chemicals
    (D)   Consumers Products
[showhide type=”button7c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
18   Esprit de Corps means —–.
    (A)   Coordination
    (B)   Principle of management
    (C)   Name of the company
    (D)   Management concept in
[showhide type=”button7c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
19   Aim of Departmentation is to —–.
    (A)   Distribute the work
    (B)   Make people specialized
    (C)   Give freedom for each
    (D)   All of above
[showhide type=”button7c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
20   Which statement about cooperative society is wrong?
    (A)   Works on democratic principal
    (B)   Membership is voluntary
    (C)   Ownership is in the hands of the Government
    (D)   It is private ownership
[showhide type=”button7c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
21   Week as per Factory Act is a period between two —–.
    (A)   Mondays
    (B)   Saturdays
    (C)   Sundays
    (D)   Thursdays
[showhide type=”button7c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
22   According to Factory Act, drinking water must be away from latrine by —–
    (A)   12
    (B)   3
    (C)   6
    (D)   9
[showhide type=”button7c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
23   Working capital is also called as —–.
    (A)   Fixed capital
    (B)   Floating capital
    (C)   Blocked capital
    (D)   Circulating capital
[showhide type=”button7c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
24   1) VAT is not simple and transparent 2) VAT is progressive form of Sales tax.
    (A)   Both 1 & 2 are correct
    (B)   Both 1 & 2 are wrong
    (C)   1 correct & 2 wrong
    (D)   1 wrong & 2 correct
[showhide type=”button7c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
25   Material planning is based on data from —–.
    (A)   Sales Department
    (B)   Production Department
    (C)   Purchase Department
    (D)   All
[showhide type=”button7c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
26   Holding cost is also known as —–.
    (A)   Receiving Cost
    (B)   Carrying cost
    (C)   Production cost
    (D)   Design cost
[showhide type=”button7c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
27   In ABC analysis which one is incorrect about ‘A’ items
    (A)   Most important
    (B)   Tightly controlled inventory items
    (C)   Weekly control statement
    (D)   Insignificant items
[showhide type=”button7c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
28   Which one of the following is one of the aspects of TQM?
    (A)   Quality aspect
    (B)   Continuous improvement
    (C)   Customer satisfaction
    (D)   Product aspect
[showhide type=”button7c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
29   Six Sigma implies that —–.
    (A)   A statistical method
    (B)   A trouble shooting method
    (C)   Teams are effective
    (D)   3.4 defects per million
[showhide type=”button7c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
10   Which one of the following is a benefit of the Kaizen?
    (A)   Improved efficiency
    (B)   Improved Safety
    (C)   Employee Satisfaction
    (D)   All of these
[showhide type=”button7c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
31   Classification of industry based on
    (A)   Area of work
    (B)   Kind of ownership
    (C)   Both(i) and (ii)
    (D)   None of the above
[showhide type=”button8c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
32   SEZ policy announced in
    (A)   2000
    (B)   1999
    (C)   2001
    (D)   2002
[showhide type=”button8c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
33   Getting the things done through others is called
    (A)   Direction
    (B)   Adjustment
    (C)   Organization
    (D)   Management
[showhide type=”button8c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
34   First step in planning is
    (A)   Establish goals
    (B)   Identify resources
    (C)   Prioritize goals
    (D)   Establish tasks
[showhide type=”button8c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
35   What is Esprit De Corps?
    (A)   It is a function of management
    (B)   It is a principle of management
    (C)   It is management concept in Russia
    (D)   It is a name of company
[showhide type=”button8c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
36   Achievement due to one will be shared by all others, this happens in
    (A)   General partnership
    (B)   Limited partnership
    (C)   Both(i) and (ii)
    (D)   None of the above
[showhide type=”button8c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
37   About budget, which statement is wrong
    (A)   It is not time bound
    (B)   Quantity of money is the
    (C)   It defines policies
    (D)   It is prepared before the
[showhide type=”button8c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
38   Following is not concerned with material management
    (A)   MRP
    (B)   SAP
    (C)   ERP
    (D)   5’S’
[showhide type=”button8c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
39   QA is
    (A)   Quality Administration
    (B)   Quality Affiliation
    (C)   Quality Assurance
    (D)   Quality Action
[showhide type=”button8c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
40   In ABC Analysis, Items that are extremely inexpensive or have low demand are termed as
    (A)   A Items
    (B)   B Items
    (C)   C Items
    (D)   D Items
[showhide type=”button8c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
41   Tax to be paid by manufacturer of goods/commodities/products to government is
    (A)   Custom Duty
    (B)   Excise Duty
    (C)   Income Tax
    (D)   VAT
[showhide type=”button8c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
42   Which of the following is/are objectives of materials management?
    (A)   To reduce material cost
    (B)   To purchase materials at lowest cost
    (C)   To minimize investment related to inventories
    (D)   All of the Above
[showhide type=”button8c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
43   A financial statement showing assets and liabilities of company at any given time is known as
    (A)   Profit & Loss Statement
    (B)   Balance Sheet
    (C)   Budget
    (D)   Capital
[showhide type=”button8c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
44   The Stock of goods in hand at the beginning of the year is known as
    (A)   Sales
    (B)   Closing Stock
    (C)   Opening Stock
    (D)   none of these
[showhide type=”button8c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
45   Which of the following is not an example of fixed capital?
    (A)   Payment of employee wages
    (B)   Land
    (C)   Building
    (D)   Machinery
[showhide type=”button8c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
46   Which of the following is external source of capital?
    (A)   Retained Earnings
    (B)   Depreciation Provisions
    (C)   Share Capital
    (D)   Deferred taxation
[showhide type=”button8c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
47   Safety promotes —–
    (A)   Sales
    (B)   Productivity
    (C)   Profit
    (D)   Research
[showhide type=”button8c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
48   Which Act safeguards interest of workers engaged in factory
    (A)   Indian Factory Act
    (B)   Workmen’s Compensation
    (C)   Minimum Wages Act
    (D)   Industrial Dispute Act
[showhide type=”button8c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
49   Accidents happen in industry because of –
    (A)   Workers
    (B)   Management
    (C)   Design of working place
    (D)   All of the Above
[showhide type=”button8c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
50   BSNL is a
    (A)   Public Limited company
    (B)   Joint Stock Company
    (C)   Private Limited company
    (D)   none of these
[showhide type=”button8c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
51   Line organization is characterized by
    (A)   Simple, easy & Flexible structure
    (B)   Clear & Simple division of authority
    (C)   No working confusions
    (D)   All of the Above
[showhide type=”button8c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
52   see if her department met the target, she is performing which of the following functions?
    (A)   Planning
    (B)   Controlling
    (C)   Organizing
    (D)   Directing
[showhide type=”button8c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
53   A force that causes & inspires an individual to behave in a specific way and to increase his performance is called as
    (A)   Motivation
    (B)   Teamwork
    (C)   Quality
    (D)   Satisfaction
[showhide type=”button8c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
54   Which of the following function of management involves measuring & comparing current performance against the established standards?
    (A)   Planning
    (B)   Controlling
    (C)   Organizing
    (D)   Directing
[showhide type=”button8c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
55   Planning may fail because of
    (A)   Incomplete knowledge of
    (B)   Absence of data analysis
    (C)   Unrealistic nature of plan
    (D)   All of the Above
[showhide type=”button8c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
56   Administration is activity in organization
    (A)   Top Level
    (B)   middle lever
    (C)   Lower Level
    (D)   Upper middle Level
[showhide type=”button8c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
57   Which of the following is NOT the advantage of Globalization?
    (A)   Increased free trade between nations
    (B)   Information & Money is flowing more rapidly
    (C)   Over use & heavy dependence on communication Media & IT Services
    (D)   Transportation of people & goods became & easy
[showhide type=”button8c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
58   Travel & tourism business comes under
    (A)   Service Industry
    (B)   Manufacturing Industry
    (C)   Trade Sector
    (D)   none of these
[showhide type=”button8c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
59   IT Enabled services (ITES) includes
    (A)   Call centers
    (B)   BPO
    (C)   LPO
    (D)   All of the Above
[showhide type=”button8c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
60   Which of the following includes monitoring & controlling of banking &financial systems throughout India?
    (A)   SEBI
    (B)   RBI
    (C)   IDBI
    (D)   NABARD
[showhide type=”button8c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
61   In quality circle Participation of employees in the group is —–
    (A)   Voluntary without any compulsion or Pressure
    (B)   Non-Voluntary
    (C)   Randomly
    (D)   None of these
[showhide type=”button9c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
62   First Preference in TQM is given to —–
    (A)   The customers
    (B)   Continuous Improvement
    (C)   Zero Defects
    (D)   Training & Development
[showhide type=”button9c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
63   Inspection assures that —–
    (A)   The process is in control
    (B)   Workers are motivated
    (C)   Product meets Specification
    (D)   Quality Problems are Solved
[showhide type=”button9c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
64   Commerce is also called as —–.
    (A)   Service
    (B)   Manufacturing
    (C)   Trade
    (D)   All of above
[showhide type=”button9c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
65   Out of the following which is not the function of management
    (A)   Decision making
    (B)   Coordinating
    (C)   Reporting
    (D)   None of above
[showhide type=”button9c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
66   From the options given below, who belongs to the lower level of management?
    (A)   Clerks
    (B)   Supervisors
    (C)   Data entry operators
    (D)   All of above
[showhide type=”button9c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
67   Which is the appropriate reason of failure of good plan?
    (A)   Insufficient data
    (B)   Lack of knowledge
    (C)   Over confidence
    (D)   All of above
[showhide type=”button9c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
68   Determine objectives and goals is —– step in the process of organizing.
    (A)   first
    (B)   second
    (C)   third
    (D)   last
[showhide type=”button9c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
69   Identify the levels of management with respect to the position held by the different persons in organization.
    (A)   1- Top management, 2-Middle management, 3- Lower management
    (B)   1- Vertical management, 2-Middle management, 3- Horizontal management
    (C)   1- High management, 2-Centre management, 3- Low management
    (D)   1- Up management, 2-Centre management, 3- Down management
[showhide type=”button9c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
70   Which is the disadvantage of co-operative society?
    (A)   Beneficial to common man
    (B)   Members are involved in decision making
    (C)   Straightens rural economic
    (D)   None of these
[showhide type=”button9c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
71   Security of job is maximum in —–.
    (A)   Partnership
    (B)   Public sector
    (C)   Joint Stock companies
    (D)   Co-operative societies
[showhide type=”button9c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
72   According to Factory Act, an ambulance room should be provided by every factory if the number of workers is more than —–.
    (A)   500
    (B)   300
    (C)   400
    (D)   450
[showhide type=”button9c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
73   —– takes in account only those cost, e.g., direct labour and material, which vary with output and over which the department has control
    (A)   Fixed budget
    (B)   Variable budget
    (C)   Functional budget
    (D)   All of the above
[showhide type=”button9c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
74   —– capital is that amount of capital which must be in cash or current asset for continuing the activities of business.
    (A)   Gross working
    (B)   Net working
    (C)   Permanent working
    (D)   Temporary working
[showhide type=”button9c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
75   Which of the following is not correct assumption in calculating EOQ?
    (A)   The ordering cost is constant
    (B)   The ate of demand/consumption does not change
    (C)   The lead time is not fixed
    (D)   items do not change with quantity i.e.; no discount is available
[showhide type=”button9c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
76   Each event of ordering has a certain cost associated with it called —–.
    (A)   procurement cost
    (B)   carrying cost
    (C)   holding cost
    (D)   purchasing cost
[showhide type=”button9c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
77   ABC analysis divides an organization on hand inventory into three classes based upon:
    (A)   annual consumption value
    (B)   annual consumption
    (C)   unit price
    (D)   the number of units on hand
[showhide type=”button9c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
78   Pick the false statement about ERP vendors.
    (A)   They have been slow to develop offerings related to e-commerce.
    (B)   They have a huge installed base of customers.
    (C)   They are now shifting gears to develop applications for good electronic commerce websites.
    (D)   They have a virtual stranglehold on “back- office” functions such as order fulfillment.
[showhide type=”button9c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
79   An effective QMS focuses on —–
    (A)   systematically developing and communicating a customer – focus mission, strategies and action plans
    (B)   listening and responding to the customers‟ needs and expectation
    (C)   continuously improve and increase their satisfaction with their process and environment
    (D)   gathering and analyzing key performance indicators to improve organizational and process result
[showhide type=”button9c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
80   5S was developed in Japan and stands for the Japanese words Seiri, Seiton, Seiso, Seiketsu, and Shitsuke. The English equivalent of 5S is –
    (A)   structurize, systemize, sanitize, standardize, self-discipline
    (B)   systemize, sanitize, standardize, self-discipline, structurize
    (C)   sanitize, standardize, self- discipline, structurize, systemize
    (D)   self-discipline, structurize, systemize, sanitize, standardize
[showhide type=”button9c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
81   Statement 1: The organization must establish, document, implement and maintain documented procedures for its internal audit, corrective and preventive action processes, among others Statement 2: This is a requirement of ISO9001:2000
    (A)   The first statement is true, but the second statement is false
    (B)   The first statement is false, but the second statement is true
    (C)   Both statements are true, and the second statement explains the first statement.
    (D)   the second statement does not provide an adequate explanation for the first statement.
[showhide type=”button9c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
82   Manufacturing is —–.
    (A)   completing demand
    (B)   production of merchandize
    (C)   gaining profit
    (D)   None of above
[showhide type=”button9c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
83   —– is described as willing exchange of goods.
    (A)   Service
    (B)   Manufacturing
    (C)   Trade
    (D)   All of above
[showhide type=”button9c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
84   The Indian Textile industry was predominantly —– based during post-independence.
    (A)   Wool
    (B)   Cotton
    (C)   polymers and plastics
    (D)   Fabrics
[showhide type=”button9c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
85   The functions of middle level management are
    (A)   Giving recommendations to top management
    (B)   Interpretation of policies framed by top management
    (C)   Framing rules and regulations to be followed by lower-level management
    (D)   All of above
[showhide type=”button9c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
86   Among the given options who are designated as members of middle level of management?
    (A)   Senior Managers
    (B)   Junior Managers
    (C)   Supervisors
    (D)   All of above
[showhide type=”button9c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
87   Comparing actual performance with the standard is —– steps in process of directing.
    (A)   first
    (B)   second
    (C)   third
    (D)   last
[showhide type=”button9c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
88   these basic steps: (1) identifying the problem; (2) identifying resources and constraints, (3) generating alternative solutions, (4) evaluating alternatives, (5) selecting an alternative, (6) implementing the alternative, and (7) monitoring the alternative
    (A)   Directing
    (B)   Controlling
    (C)   Decision making
    (D)   Coordinating
[showhide type=”button9c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
89   Bank of Maharashtra, Bata India Ltd, Bharat fertilizers Ltd etc., are which types of companies?
    (A)   Government departments
    (B)   Public companies
    (C)   Public corporations
    (D)   All of the above
[showhide type=”button9c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
90   Crèches should be provided when there are more than —– female workers having children of age below —– years.
    (A)   100, 6
    (B)   25, 6
    (C)   25, 9
    (D)   30, 6
[showhide type=”button9c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
91   —– is prepared to co-ordinate between various budget.
    (A)   Master budget
    (B)   Sales budget
    (C)   Production budget
    (D)   Material budget
[showhide type=”button10c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
92   Which of the following is function of financial management?
    (A)   Keep a check and control over the expenditure
    (B)   Periodically evaluate the progress of each department
    (C)   Determine the financial of the organization after analyzing efficiency
    (D)   Fix product price giving due consideration to profit optimization
[showhide type=”button10c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
93   What is the total amount of liabilities from this balance sheet?
    (A)   22290
    (B)   120140
    (C)   225770
    (D)   Nil
[showhide type=”button10c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
94   Instead of each department having its own database of information, —– puts all of the information into a single place
    (A)   MRP
    (B)   MPS
    (C)   BOM
    (D)   ERP
[showhide type=”button10c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
95   —– is the process of planning, procuring, storing and providing the appropriate material of the right quality, right quality at the right place in the right time.
    (A)   Financial management
    (B)   Materials management
    (C)   Operation management
    (D)   Marketing management
[showhide type=”button10c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
96   —– is just a transaction and is basic activity of purchase
    (A)   Purchasing
    (B)   Placement
    (C)   Procurement
    (D)   Purchase order
[showhide type=”button10c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
97   From the EOQ, label the cost at point 1 and 2.
    (A)   (1) Ordering cost (2) Storage cost
    (B)   (1) Storage cost (2) Ordering cost
    (C)   (1) Inventory cost (2) Ordering cost
    (D)   (1) Ordering cost (2) Inventory cost
[showhide type=”button10c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
98   Which statement about kaizen is wrong?
    (A)   It needs heavy investment
    (B)   It gives commitment to
    (C)   It is a Japanese technique
    (D)   It is a continuous
[showhide type=”button10c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
99   SME’s stands for —–.
    (A)   Small and Medium sized enterprises
    (B)   Small and Medium sized entity
    (C)   Small and Medium sized enrollment
    (D)   Small and Medium sized effects
[showhide type=”button10c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
100   —– is popularly known as the Silicon Valley of India and IT capital of India.
    (A)   Mumbai
    (B)   Hyderabad
    (C)   Bengaluru
    (D)   Kolkata
[showhide type=”button10c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]

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