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This set of Business Management Multiple Choice Questions & Answers (MCQs) focuses on Business Management Set 8
Q1 | Day today work standards can be decided in........
- Strategic planning
- tactical planning
- contingency planning
- operational planning
Q2 | Planning establishes standard for........
- Directing
- forecasting
- controlling
- none of these
Q3 | Planning reduces....... Activities
- New
- Old
- overlapping
- none of these
Q4 | Taking the review of the market is called as....... In forecasting
- Delphi technique
- focus Group study
- test marketing
- none of these
Q5 | From test marketing results idea of people ...... about the product can understood
- Interest
- strategy
- planning
- none of these
Q6 | In quantitative techniques of of demand forecasting seasonal variations aredependent upon........
- Price
- organisation
- season
- none of these
Q7 | A chronological sequence of steps to be undertaken to enforce a policy andto attain an objective is known as ___________.
- objective.
- strategies.
- procedures.
- rules.
Q8 | A statement of expected results expressed in numerical terms for a definiteperiod of time in the future is known as ____________.
- objective.
- strategies.
- procedures.
- budgets.
Q9 | The process of establishing a time sequence for the work is known as__________.
- objective.
- schedules.
- procedures.
- budgets.
Q10 | A rigid plan, no scope for discretion __________.
- rule.
- schedules.
- procedures.
- budgets.
Q11 | Specifying the manner of executing policy is known as ________________.
- objective.
- schedules.
- procedures.
- budgets.
Q12 | Goal or target to be achieved is known as ____________.
- objective.
- schedules.
- procedures.
- budgets.
Q13 | Penalty is levied for violation of __________.
- rules.
- procedures.
- policy.
- methods.
Q14 | Plan that establish a required method of handling future activities is called_________.
- rules.
- procedures.
- policy.
- methods.
Q15 | Supply of human and material resources and helps to achieve the objective ofbusiness is______________.
- planning.
- organisaiton.
- management.
- control.
Q16 | Formal authority flows from upwards to downwards in___________.
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q17 | Informal authority flows upwards to downwards or horizontallyin_____________.
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q18 | Rules, duties and responsibilities or workers are given in writingin______________.
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q19 | Which arises from man's quest for social satisfaction?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q20 | Which type of organization is permanent and stable?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q21 | Which type of organization gives importance to terms of authority andfunctions?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q22 | Which type of organization gives importance to people and theirrelationships?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q23 | Which organisaitonal relationship gives a greater job satisfaction and resultsin maximum production?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q24 | Which type of organization has no place in the organization chart?
- formal organization.
- informal organization.
- business or oganisation.
- strategic organization.
Q25 | Decision making is the selection based on some criteria from two or morepossible alternatives" is defined by___________.
- Farland.
- Mac Donald.
- Terry.
- M.C. Nites.