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Business Management MCQ Questions and Solutions with Explanations | Management

Business Management MCQ Questions and answers with easy and logical explanations. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Management MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. Page-2 section-2

Each section contains 100 MCQs on Business Management .
11
Deal with routing and repetitive problems is a
Discuss
Answer & Solution
Answer: Option A
Solution:
Deal with routing and repetitive problems is a programmed decision. A routine or repetitive decision that can be handled by established business rules or procedures. These types of decisions are often called for at certain points in a standard process, and are decided based on recognized and easily identifiable factors.
12
Leadership behaviour is influenced by certain qualities of a person is __________.
Discuss
Answer & Solution
Answer: Option B
Solution:
Leadership behaviour is influenced by certain qualities of a person is Trait theory. The trait theory of leadership is an early assumption that leaders are born and due to this belief, those that possess the correct qualities and traits are better suited to leadership. This theory often identifies behavioural characteristics that are common in leaders.
13
The leadership theory study leaders behaviour is __________.
Discuss
Answer & Solution
Answer: Option C
Solution:
In Behavioral Theory, the focus is on the specific behaviors and actions of leaders rather than their traits or characteristics. The theory suggests that effective leadership is the result of many learned skills. Individuals need three primary skills to lead their followers – technical, human, and conceptual skills.
14
The decision taken by lower level management is a
Discuss
Answer & Solution
Answer: Option D
Solution:
The decision taken by lower level management is a programmed decision. The lower level management informs the workers about the decisions which are taken by the management. They also inform the management about the performance, difficulties, feelings, demands, etc., of the workers. They spend more time in directing and controlling.
15
All decision-making power is centralized in the leader is under ___________.
Discuss
Answer & Solution
Answer: Option A
Solution:
All decision-making power is centralized in the leader is under autocratic style. The autocratic leader typically follows certain characteristics including: Retains all power, authority, and control, and reserves the right to make all decisions. Distrust of their subordinate's ability, and closely supervise and control people under them.
16
The leader makes decisions in consultation with his followers is _________.
Discuss
Answer & Solution
Answer: Option C
Solution:
The leader makes decisions in consultation with his followers is democratic leader. A democratic leader is one who takes decisions in consultation with his subordinates. He emphasises consultation with and participation of his subordinates and encourages initiative from them. He also seeks their advice and opinions on matters which affect them and their jobs.
17
The decision taken by high level of management is
Discuss
Answer & Solution
Answer: Option B
Solution:
The decision taken by high level of management is non-programmed decision. These decisions are taken in unstructured situations which reflect novel, ill-defined and complex problems. The problems are non-recurring or exceptional in nature. Since they have not occurred before, they require extensive brainstorming. Managers use skills and subjective judgment to solve the problems through scientific analysis and logical reasoning.
18
Complete freedom for group or individual decision, with a minimum of leader participation is under _________.
Discuss
Answer & Solution
Answer: Option C
Solution:
Complete freedom for group or individual decision, with a minimum of leader participation is under free-rein style. Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Mangers set objectives and employees are free to do whatever is appropriate to accomplish those objectives.
19
Non-programmed decision is also called
Discuss
Answer & Solution
Answer: Option C
Solution:
Non-programmed decision is also called strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates, the entire resources and the people who form the company and the interface between the two.
20
A leader exercises his power over his followers because of his position held in the. organizational hierarchy is _________.
Discuss
Answer & Solution
Answer: Option D
Solution:
A leader exercises his power over his followers because of his position held in the. organizational hierarchy is institutional leader. The concept of Institutional Leadership opens up some essential aspects of organizational leadership capability that could be defined as the collective ability of leadership to detect and cope with changes in the external environment by maintaining the primary goals of the organization.