Business Management MCQ Questions and Solutions with Explanations

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-7 section-5

As per the principle of balance, there should be balance between

A) the activities B) authority and responsibility C) standardisation of procedures and flexibility D) All of the above

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Answer & Solution

Answer: Option D

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Who corrected the difficulties of Taylor's differential piece rate system of wages?

A) Henry Towne B) HL Gantt C) Frank and Lillian Gilbreths D) Newmann and Summer

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Answer: Option B

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Recruitment and selection are part of which of the following managerial function?

A) Planning B) Organising C) Staffing D) Controlling

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Answer: Option C

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Assertion (A) Negotiator is a decisive role.
Reason (R) Decisive roles involve taking decisions about various business aspects.

A) Both (A) and (R) are correct and (R) is the correct explanation of (A) B) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) C) (A) is correct, but (R) is incorrect D) (A) is incorrect, but (R) is correct

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Answer & Solution

Answer: Option C

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For planning and decision-making, the method that consists in trying out alternatives, is known as

A) experience B) experiment C) the model D) none of these

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Answer & Solution

Answer: Option B

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Which of the following books provides the most comprehensive enunciation of classical theory?

A) Principles on organisation B) Papers on science of administration C) Principle of scientific management D) General and industrial management

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Answer: Option B

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Which of the following is/are not a part of classical approach to management?

A) Scientific management B) Administrative management C) Decision theory D) Bureaucratic organisation

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Answer: Option C

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In line organisation, the business activities are divided into following three types.

A) Accounts, production, sales B) Production, quality, sales C) Production, quality, maintenance D) Production, maintenance, sales

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Answer & Solution

Answer: Option A

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These decisions are original and the product of managerial wisdom. These decisions are known as

A) programmed decisions B) unprogrammed decisions C) middle-level system D) top-level decision

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Answer & Solution

Answer: Option B

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Hawthorne experiments brought out the fact that
1. Individuals crave for self-interest and have no regard for social norms.
2. Workers constituted a small, well-knit social group.
3. Men are not isolated creatures.
4. An organisation was a social system, a group of people behaving with each other.
Select the correct answer:

A) 1, 2, 3 and 4 B) 2, 3 and 4 C) Both 3 and 4 D) Only 4

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Answer & Solution

Answer: Option B

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