Principles Of Economics And Management Set 2
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This set of Principles of Economics and Management Multiple Choice Questions & Answers (MCQs) focuses on Principles Of Economics And Management Set 2
Q1 | Management is a creative and ________ process.
- Continuous
- Technical
- Democratic
- None of the above
Q2 | Which type of strategies do professional managers help organizations in chalking out?
- Multi-disciplinary
- Corporate
- Managerial
- All of the above
Q3 | Management exists at the ______ level of the organization.
- Lower
- Middle
- Top
- All of the above
Q4 | Management is said to be the combination of
- Arts, science and profession
- Arts, science and engineering
- Arts, commerce and science
- Arts, commerce and engineering
Q5 | ______ is supposed to be immutable, unchanging and eternal.
- Policy
- Vision
- Mission
- All of the above
Q6 | Positive motivation makes people willing to do their work in the best way they can andimprove their ________.
- Productivity
- Personality
- Performance
- All of the above
Q7 | The objective in corporate governance is
- Shareholder value maximization
- Growth
- Stability
- All of the above
Q8 | The heart of administration is the _____ function.
- Directing
- Organizing
- Controlling
- Cooperating
Q9 | Direction is a ________ function performed by all the managers at all levels of the organization.
- Managerial
- Organizational
- Both A and B
- None of the above
Q10 | _______ is a tool for corporate governance.
- Training
- Recruitment
- Communication
- Consulting
Q11 | The internal environment factor that influence management is
- Labor
- Machines
- Place
- All of the above
Q12 | Management is said to be the combination of three factors, arts, science and the third is
- Profession
- Authority
- Communication
- None of the above
Q13 | One of the popular forecast is
- Technological
- Economi
- C Deman
- D None of the above
Q14 | Limitation of business planning is
- Time consuming
- Expensive device
- Heavy cost of planning
- All of the above
Q15 | In management process, the most misinterpreted word is
- Organizing
- Delegating
- Controlling
- Planning
Q16 | Management as a discipline is the function of ____.
- Science
- Art
- Creativity
- All of the above
Q17 | The word _______ denotes a function, a task, a discipline.
- Management
- Leadership
- Motivation
- None of the above
Q18 | Costliness of the ________ is the overriding factor determining the extent ofdecentralization.
- Decision
- Staffing
- Controlling
- Managing
Q19 | ______ is a tool for corporate governance.
- Management
- Communication
- Coordination
- All of the above
Q20 | The higher the ________ level of the employee, the lower the job satisfaction.
- Managerial
- Educational
- Satisfaction
- None of the above
Q21 | Management is a creative and ________ process.
- Systematic
- Continuous
- Long
- None of the above
Q22 | Economics is a study of wealth(Assets) said by _____.
- Adam smith
- Alfred marshall
- Lionel robbins
- None of the above
Q23 | In concept of Economics, Macro means _____.
- Small
- Large
- Middle
- All of the above
Q24 | In concept of Economics, Micro means _____.
- Small
- Large
- Middle
- All of the above
Q25 | Quantity of a product people are willing to buy at a certain price is known as ______.
- Supply
- Supply relationship
- Deman
- D Demand relationship