Management-11

CO6I, EE5I, EJ6I, IF6I, ME5I

22509

Multiple Choice Questions (MCQs)

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1   Which is not the merit of Indirect tax?
    (A)   Convenient
    (B)   Equitable
    (C)   Wide coverage
    (D)   Certain
[showhide type=”button7c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
2   Which is not the cost concerned with EOQ?
    (A)   Procurement cost
    (B)   Inventory carrying cost
    (C)   Total cost
    (D)   Primary cost
[showhide type=”button7c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
3   What will be happen when there is no buffer stock?
    (A)   Production stoppage
    (B)   Delay in deliveries
    (C)   loss of reputation
    (D)   All of the above
[showhide type=”button7c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
4   Statement 1 – Procurement is a systematic process. Statement 2 – Purchasing is a routine process.
    (A)   Both 1 and 2 are correct
    (B)   Both 1 and 2 are wrong
    (C)   1 correct, 2 wrong
    (D)   1 wrong, 2 correct
[showhide type=”button7c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
5   Benefits of TQM are —–
    (A)   Increase efficiency
    (B)   Encourages customer satisfaction
    (C)   Inspection costs are reduced
    (D)   both i and ii
[showhide type=”button7c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
6   The Six Sigma methodology endorses
    (A)   DMAIC concept
    (B)   CRM concept
    (C)   Quality circle concept
    (D)   TQM concept
[showhide type=”button7c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
7   For staffing, inventory, production etc. company develops and design a plan called —–
    (A)   MPS
    (B)   MRP
    (C)   ERP
    (D)   EPS
[showhide type=”button7c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
8   ERP stands for —–
    (A)   Enterprise Resource
    (B)   Enterprise Resource Process
    (C)   Enterprise Resource
    (D)   None of the above
[showhide type=”button7c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
9   The goal of Total Quality Management is
    (A)   Customer satisfaction
    (B)   Product differentiation
    (C)   Brand Equity
    (D)   Action Globally
[showhide type=”button7c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
10   Service Tax introduce in India in year
    (A)   1993
    (B)   2004
    (C)   1994
    (D)   1989
[showhide type=”button7c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
11   Mr. Praful Kulkarni is working in Birla Pvt. ltd in the capacity of Foreman. Company provided him certain protecting devices under ACT.
    (A)   Factory Act
    (B)   Minimum Wages Act
    (C)   Compensation Act
    (D)   Safety provisions Act
[showhide type=”button7c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
12   According to F.W. Paich can be defined as “the provision of money at the time it is wanted”
    (A)   Finance
    (B)   Capital
    (C)   Budget
    (D)   VAT
[showhide type=”button7c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
13   when foreign investors do huge sale of stocks back to its own country it is referred as —–
    (A)   Bank loans
    (B)   Hire Purchase
    (C)   Equipment leasing
    (D)   Profit Flow Back
[showhide type=”button7c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
14   ……has to kept at secured and separate place which is not easily accessible.
    (A)   Inflammable Material
    (B)   Machine Safeguards
    (C)   Protecting Devices
    (D)   All of the above
[showhide type=”button7c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
15   organizational —– is mainly about adjusting work assignment, man power, and facilities that are required when temporary changes occur while working
    (A)   Balance
    (B)   Stability
    (C)   Flexibility
    (D)   None of the above
[showhide type=”button7c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
16   Balaji Telefilms industries refers to which of the following company type-
    (A)   Private limited company
    (B)   Ownership company
    (C)   Public Company
    (D)   Government
[showhide type=”button7c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
17   BIRLA Industries Ltd. Is a form of –
    (A)   Single Ownership
    (B)   Partnership
    (C)   Private ltd
    (D)   Joint Stock Company
[showhide type=”button7c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
18   1. can be defined as the set of steps to do the particular activity or activities in systematic manner.
    (A)   Organizing
    (B)   Planning
    (C)   Directing
    (D)   Motivating
[showhide type=”button7c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
19   1. Goal and solid decision making allows ………to very fast and becomes stable in the market.
    (A)   Business to Grow
    (B)   Business to Market
    (C)   Business to Business
    (D)   None Of the Above
[showhide type=”button7c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
20   —– is a right for giving orders and the power to ensure obedience
    (A)   Division of work
    (B)   Discipline
    (C)   Authority and Responsibility
    (D)   Work
[showhide type=”button7c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
21   Which definition best describes the process of globalization?
    (A)   capitalist companies are spreading across the planet
    (B)   we all now live in a single society
    (C)   individuals, groups and nations are becoming more interdepend
    (D)   human beings now live on every continent of the planet
[showhide type=”button7c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
22   1) 80:20 rule can also be called as
    (A)   Fish bone Diagram
    (B)   Pareto Diagram
    (C)   Scatter Diagram
    (D)   Histogram
[showhide type=”button7c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
23   Causes of accidents are:
    (A)   Accidents because of workers
    (B)   Accidents because of management
    (C)   Both a) and b)
    (D)   None
[showhide type=”button7c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
24   a —– assists in taking decisions correctly and also implementing it effectively and efficiently.
    (A)   line organization.
    (B)   line and staff organization
    (C)   functional organization
    (D)   all of above
[showhide type=”button7c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
25   —– can culminate into strikes or fights among employees and cause serious consequences to the organization.
    (A)   communication
    (B)   good communication
    (C)   miscommunication
    (D)   all of above
[showhide type=”button7c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
26   —– can be defined as running business by the single owner
    (A)   Proprietorship
    (B)   Partnership
    (C)   Private limited
    (D)   Public limited
[showhide type=”button7c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
27   Departmentalization can be done on the basic of following factor:
    (A)   process
    (B)   products
    (C)   Function
    (D)   All of above
[showhide type=”button7c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
28   Decision taken by supervisor could be:
    (A)   change in work schedule or rescheduling
    (B)   Increase or decrease in production depending on current situations.
    (C)   Decision regarding rejection of raw material or finished products
    (D)   All of the above
[showhide type=”button7c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
29   —– allows employees to get involved in the process of decision making for better results
    (A)   Unity of direction
    (B)   Centralization
    (C)   Discipline
    (D)   Unity of commands
[showhide type=”button7c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
30   The great thought of motivating the workers or employees for better results have come up from —– of management
    (A)   The classical school
    (B)   The behavioral school
    (C)   The quantitative or management science school
    (D)   All of the Above
[showhide type=”button7c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
31   1. Types of business
    (A)   Service
    (B)   Manufacturing
    (C)   Trade
    (D)   All of Above
[showhide type=”button8c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
32   Adolescent is a person of the age in between
    (A)   15-18
    (B)   18-21
    (C)   21-25
    (D)   58-61
[showhide type=”button8c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
33   Vat started in Maharashtra from
    (A)   2003
    (B)   2004
    (C)   2005
    (D)   2006
[showhide type=”button8c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
34   —– uses all the resources of the enterprise in a systematic
    (A)   MRP
    (B)   MRPII
    (C)   ERP
    (D)   None
[showhide type=”button8c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
35   Economic order quantity is represented by
    (A)   Q0
    (B)   Eo
    (C)   Eoq
    (D)   None
[showhide type=”button8c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
36   Discipline comes in
    (A)   Seiri
    (B)   Seiso
    (C)   Seiketsu
    (D)   Seiton
[showhide type=”button8c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
37   Implementation of policy making in an industry is a role of –
    (A)   Management
    (B)   Administration
    (C)   Public
    (D)   Workers
[showhide type=”button8c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
38   Follow in not the strength of textile industry
    (A)   Cheap workforce
    (B)   Demand is continuous
    (C)   Import of raw material
    (D)   Huge capacity of production
[showhide type=”button8c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
39   Globalization has disadvantage
    (A)   Industrialization
    (B)   Pollution of air, soil, water
    (C)   Adaption of western culture
    (D)   All of the above
[showhide type=”button8c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
40   The year 1991 is famous for
    (A)   New Fiscal deficit policy
    (B)   IT parks initiated in Bangalore
    (C)   Globalization policy, liberalization were accepted by India
    (D)   Policies of cooperative societies changed
[showhide type=”button8c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
41   Hindustan Petroleum Is a form of –
    (A)   Single Ownership
    (B)   Partnership
    (C)   Public Sector
    (D)   Private ltd.
[showhide type=”button8c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
42   Which organization is temporary in nature?
    (A)   Line and staff organization
    (B)   Line organization
    (C)   Project organization
    (D)   Staff Organization
[showhide type=”button8c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
43   Which of following is not the direct tax?
    (A)   Custom Duty
    (B)   Excise
    (C)   Sales
    (D)   All of the above
[showhide type=”button8c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
44   Working capital is required for
    (A)   Advertisement
    (B)   Salary
    (C)   Maintenance
    (D)   All of the above
[showhide type=”button8c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
45   The summarized budget of entire enterprise is known as.
    (A)   Master Budget
    (B)   Template Budget
    (C)   Main Budget
    (D)   Enterprise Budget
[showhide type=”button8c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
46   Who is responsible “unguarded moving parts”?
    (A)   Workers
    (B)   Management
    (C)   Government
    (D)   None of the above
[showhide type=”button8c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
47   —– is the financial snapshot of the of the organization.
    (A)   Balance Sheet
    (B)   Profit and Loss Account
    (C)   Snap Sheet
    (D)   Budget
[showhide type=”button8c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
48   Following is not concerned with modern techniques in material management
    (A)   MRP
    (B)   SAP
    (C)   ERP
    (D)   5S
[showhide type=”button8c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
49   A’ type of items are purchased in
    (A)   Sufficient quantities
    (B)   Small quantities
    (C)   Medium quantities
    (D)   None of the above
[showhide type=”button8c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
50   —– determines quantity and timing for materials planning
    (A)   MRPII
    (B)   SAP
    (C)   ERP
    (D)   MRP
[showhide type=”button8c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
51   Number of subordinates handled by a manager effectively called as
    (A)   Authority
    (B)   Delegation
    (C)   Span of Control
    (D)   Scop of Control
[showhide type=”button8c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
52   Economics 3. Maslow (iii) Principles of Management 4. Henry Fayol (iv)Scientific Management
    (A)   1-(ii),2-(iv),3-(i),4-(iii)
    (B)   1-(ii),2-(iii),3-(iv),4-(i)
    (C)   1-(iii),2-(iv),3-(i),4-(ii)
    (D)   1-(iv),2-(i),3-(ii),4-(iii)
[showhide type=”button8c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
53   Pickles, papad, basket making are products of —–
    (A)   Chemical Industry
    (B)   Agro Industry
    (C)   IT Industry
    (D)   Banking Industry
[showhide type=”button8c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
54   Industries associated with are computer hardware, software, electronics, semiconductors, internet, telecom equipment and e-commerce
    (A)   IT Industry
    (B)   Banking Industry
    (C)   Insurance Industry
    (D)   Retail Industry
[showhide type=”button8c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
55   —– is a process of dividing large organization into small and flexible administrative units.
    (A)   Divisions formation
    (B)   Defragmentation
    (C)   Departmentation
    (D)   Partitioning
[showhide type=”button8c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
56   Which statement is wrong? In product type departmentation
    (A)   People become expert in the work allotted to them
    (B)   Product may become brand name
    (C)   Attention is given to the product
    (D)   No duplication of work
[showhide type=”button8c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
57   Under which of the following case, an employer has to provide compensation to an employee?
    (A)   Injury caused during employment
    (B)   permanent disablement due to accident
    (C)   death due to accident
    (D)   all of the above
[showhide type=”button8c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
58   A joint stock company divides the capital required into units of equal denomination of Rs. 1,2,5 or 10. Each unit is called a ……
    (A)   Budget
    (B)   Debenture
    (C)   Share
    (D)   Balance sheet
[showhide type=”button8c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
59   on value addition at each stage of transaction in the production/ distribution chain.
    (A)   Customs duty
    (B)   Sales Tax
    (C)   Service Tax
    (D)   VAT
[showhide type=”button8c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
60   While deciding how to manage inventory, the question to be answered is
    (A)   How much should we
    (B)   How often should we order?
    (C)   Both (a) and (b)
    (D)   None
[showhide type=”button8c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
61   Which of the following is not a step in purchasing?
    (A)   If necessary, request for quotations is made on prescribed quotation form to all the selected sources of supply
    (B)   To achieve integration with other departments of the company
    (C)   Open the quotations at prescribed time on the prescribed date
    (D)   Prepare a comparative statement of the rates, terms and conditions mentioned in the quotations and then analyze them
[showhide type=”button9c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
62   A product/service is said to possess good quality if it fulfills the following requirements. 1. Suitability (It is fit for the intended use) 2. Reliability (It gives efficient and consistent performance) 3. Durability (It has desired life) 4. Safe and foolproof workability (Its working is safe and foolproof)
    (A)   All 1,2, 3,4
    (B)   1 and 2
    (C)   2 and 3
    (D)   1,3 and 4
[showhide type=”button9c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
63   —– is a management technique used to communicate to employees what is required to produce the desired quality of products and services and to influence employee actions to complete tasks according to the quality specifications
    (A)   QC
    (B)   5S/9+
    (C)   KAIZEN
    (D)   QMS
[showhide type=”button9c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
64   In 1991 India adopted —–
    (A)   Policies of co-operative.
    (B)   initiate IT parks.
    (C)   Globalization policy
    (D)   Fiscal Deficit policy
[showhide type=”button9c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
65   Types Of Business —–
    (A)   Manufacturing
    (B)   Trade
    (C)   Service
    (D)   All of above
[showhide type=”button9c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
66   Cipla Ltd is
    (A)   Textile company
    (B)   Chemical Company
    (C)   IT industry
    (D)   All of above
[showhide type=”button9c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
67   Scientific management works on
    (A)   Research &experimentation
    (B)   trial & error
    (C)   more attention on production only
    (D)   Tradition management theory
[showhide type=”button9c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
68   Setting basic goals and objectives is function of –
    (A)   upper middle level management
    (B)   Top level management
    (C)   Middle level management
    (D)   Low level management
[showhide type=”button9c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
69   ABC industry start their recruitment process in which manager select qualified people for various job position in organization. This activity is —–
    (A)   Forecasting
    (B)   Organizing
    (C)   Leadership
    (D)   Staffing
[showhide type=”button9c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
70   How many partners are eligible for partnership?
    (A)   2
    (B)   02-May
    (C)   02-Oct
    (D)   ALL of the above
[showhide type=”button9c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
71   The firm type of Bajaj Auto Ltd is
    (A)   Proprietorship
    (B)   Partnership
    (C)   Joint stock company
    (D)   Public Sector
[showhide type=”button9c11″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
72   Sai Sale services is trading business started by four persons by investing 2lacks each. Which is suitable ownership for that business.
    (A)   Private Limited
    (B)   Partnership
    (C)   Proprietorship
    (D)   Both i & ii
[showhide type=”button9c12″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
73   Fixed capital is also called as
    (A)   Tight capital
    (B)   Blocked capital
    (C)   working capital
    (D)   current capital
[showhide type=”button9c13″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
74   Which of the following illustrates the use of a hedging (or matching) approach to financing?
    (A)   Short-term assets financed with long-term liabilities.
    (B)   Permanent working capital financed with long-term liabilities.
    (C)   Short-term assets financed with equity.
    (D)   All assets financed with a 50percent equity, 50 percent long-term debt mixture.
[showhide type=”button9c14″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
75   Which business is liable for VAT?
    (A)   Importers
    (B)   manufacturer
    (C)   Distributor
    (D)   All
[showhide type=”button9c15″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
76   The ABC company Investment in purchasing raw material, salary is come under
    (A)   Working Capital
    (B)   fixed capital
    (C)   blocked capital
    (D)   ALL
[showhide type=”button9c16″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
77   —– is set of activities that ensure right material at right quality and quantity in right time
    (A)   Purchase Department
    (B)   Quality Department
    (C)   Marketing department
    (D)   None of these
[showhide type=”button9c17″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
78   Inventory control objectives
    (A)   Minimize investment in inventory
    (B)   maximize the service level to the firm’s customer & its operating departments
    (C)   Both i & ii
    (D)   None of these
[showhide type=”button9c18″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
79   Circle leader is from —–
    (A)   Management
    (B)   Board Of directors
    (C)   workers
    (D)   Supervisors
[showhide type=”button9c19″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
80   A paper mill supplies a corrugated container manufacturer with Kraft paper. The corrugated container manufacturer uses Kraft paper to manufacture corrugated shipping containers that are then sold to a cereal manufacturer. Which of the following is true?
    (A)   The corrugated container manufacturer is an internal customer to the cereal manufacturer.
    (B)   cereal manufacturer is an external customer to the paper mill.
    (C)   Both the paper mill and cereal manufacturer are External customers to the corrugated container manufacturer.
    (D)   None of these
[showhide type=”button9c20″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
81   GATT stands for
    (A)   General Awareness on Tariff and Trade
    (B)   General Agreement on Tariff and Trade
    (C)   Global Agreement on Tariff and Trade
    (D)   Global Agreement nontariff and Transport
[showhide type=”button9c21″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
82   Product are produced in
    (A)   Trade industry
    (B)   Manufacturing industry
    (C)   service Industry
    (D)   All of above
[showhide type=”button9c22″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
83   Banking Business is
    (A)   Service
    (B)   Manufacturing industry
    (C)   Trade
    (D)   None of these
[showhide type=”button9c23″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
84   Which is the process by which manager select, train, promote and retire their subordinates
    (A)   Staffing
    (B)   Directing
    (C)   Co ordinating
    (D)   Controlling
[showhide type=”button9c24″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
85   The process of breaking down an enterprise into various departments is
    (A)   Departmentation
    (B)   Project Organization
    (C)   Span of control
    (D)   None of these
[showhide type=”button9c25″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
86   Investment raised by shareholder from public for profit-based business in
    (A)   Proprietorship
    (B)   Partnership
    (C)   Joint stock Company
    (D)   Cooperative enterprises
[showhide type=”button9c26″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
87   Form of ownership which is nonprofit based is
    (A)   Proprietorship
    (B)   Partnership
    (C)   Joint stock Company
    (D)   Cooperative enterprises
[showhide type=”button9c27″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
88   Kirloskar Pneumatic Limited Company is
    (A)   Public Limited
    (B)   Private Limited
    (C)   Partnership
    (D)   Proprietorship
[showhide type=”button9c28″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
89   Sai Krupa Sugar & allied industry form by Mr. XYZ with 7 Board of director with, CEO. Under CEO, Plant Manager, Finance, & market. Plant Manager supervise on supervisor. Workers are under Supervisor. Investment raised by 43share holder in it. Then which is suitable Organization & form of Ownership
    (A)   Functional organization, Partnership
    (B)   Line & staff organization, Private ltd Company
    (C)   Line Organization, Proprietorship
    (D)   Project Organization, Cooperative enterprises
[showhide type=”button9c29″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
90   Injured Employer is not liable to compensate if:
    (A)   the worker recovers in 2hours
    (B)   the worker is under influence of drink or drugs
    (C)   any safeguard is removed by the workmen.
    (D)   All of above
[showhide type=”button9c30″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
91   working capital is also called
    (A)   blocked capital
    (B)   current capital
    (C)   fixed capital
    (D)   tight capital
[showhide type=”button10c1″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
92   Types of budgets:
    (A)   Fixed
    (B)   variable
    (C)   functional
    (D)   All of above
[showhide type=”button10c2″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
93   Johnson Company wants to procure Land & build the structure for its own company. Investment for this coming under
    (A)   Circulating Capital
    (B)   Fixed capital
    (C)   Working Capital
    (D)   None
[showhide type=”button10c3″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: B [/showhide]
94   The concept in management which concern with flow of material in an organization by using function like purchasing, storing, moving, distributing, production, dispatching is called
    (A)   Finance Management
    (B)   Quality management
    (C)   Material Management
    (D)   None
[showhide type=”button10c4″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
95   What is Ascending path for purchasing 1) Purchase Order 2) Material Requisition 3) market analysis 4) Quotation call 5) finalization of supplier
    (A)   1-2-3-4-5
    (B)   2-5-3-4-1
    (C)   4-3-1-2-5
    (D)   2-4-3-5-1
[showhide type=”button10c5″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
96   Standardizing includes in
    (A)   Seiri
    (B)   Seition
    (C)   Seiso
    (D)   Seiketsu
[showhide type=”button10c6″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
97   Industrial sector involves
    (A)   construction
    (B)   Fisheries
    (C)   Textile
    (D)   All of above
[showhide type=”button10c7″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: D [/showhide]
98   India is awarded a certification of POLIO free country in
    (A)   Jan-11
    (B)   Jan-09
    (C)   Jan-14
    (D)   Jun-11
[showhide type=”button10c8″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: A [/showhide]
99   Don Mackinnon, the person in charge of ” Hear Music” has been given goals related to the rollout and sales of this subsidiary of Starbucks. His success at implementing the strategy will be accessed by actual performance against the goals. This comparison is known as:
    (A)   Planning
    (B)   Organizing
    (C)   Controlling
    (D)   Implementing
[showhide type=”button10c9″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]
100   A partner who is not publicly known as a partner but takes active part in the affairs of the business is
    (A)   Sleeping partner
    (B)   Active partner
    (C)   Secret partner
    (D)   Nominal partner
[showhide type=”button10c10″ more_text=”Show Answer” less_text=”Hide Answer”] Answer: OPTION: C [/showhide]

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