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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-5 section-5

Each section contains 100 MCQs on Business Management .
41
Neo-classical organisation theory emphasises on which one of the following?
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Answer & Solution
Answer: Option A
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42
"Increased output per unit of human effort through the use of right method, right tool and right procedures" refers to which of the following theory/approach?
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Answer & Solution
Answer: Option B
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43
Formulation of policies, programmes and procedures is the primary concern of
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Answer & Solution
Answer: Option B
Solution:
Top management focuses on formulating the organization's policies, programmes, and procedures. This involves setting long-term strategies and ensuring alignment with the company's mission and vision.

Middle management implements these policies and ensures they are followed at the departmental level. They act as a bridge between top management and operational management but are not primarily responsible for formulating policies.

Operating management focuses on daily operations and task execution as per the guidelines and procedures set by the top and middle management.

Thus, policy formulation remains the primary responsibility of top management, not middle management.
44
Which of the following is not related to staffing?
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Answer & Solution
Answer: Option C
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45
Match the following.
List-I (Statements) List-II (Approaches)
a. Organisation has interconnected and interrelated elements 1. Decision theory approach
b. Organisations work through motivation, leadership communication and participative management 2. Systems approach
c. Management is essentially decision-making 3. Human behavior approach
d. Appropriate managerial action depends on external environment, internal states and needs 4. Contingency approach
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Answer & Solution
Answer: Option B
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46
Who popularised the behavioural approach to organisation?
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Answer & Solution
Answer: Option C
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47
In which year, the book entitled 'Principles of Scientific Management' was published?
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Answer & Solution
Answer: Option C
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48
Top level inanagement possess . . . . . . . . skills.
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Answer & Solution
Answer: Option A
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49
Arrange the following activities to form the process of planning.
1. Identifying a problem
2. Identification of decision criteria
3. Allocating weights to different criteria
4. Developing alternatives
5. Analysing various alternatives
6. Selecting alternative
7. Implementation of the alternative
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Answer & Solution
Answer: Option C
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50
Organisation structure is primarily concerned with . . . . . . . . and . . . . . . . . of tasks and authority.
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Answer & Solution
Answer: Option A
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