ExamVeda
Login
Home

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-8 section-1

Each section contains 100 MCQs on Business Management .
71
Specifying the manner of executing policy is known as
Discuss
Answer & Solution
Answer: Option C
Solution:
Specifying the manner of executing policy is known as procedures. Procedures explain how to accomplish a task. A procedure is sometimes called a work instruction.
72
The orders, instructions or direction are delegated to a particular person specifically is known as _________.
Discuss
Answer & Solution
Answer: Option C
Solution:
The orders, instructions or direction are delegated to a particular person specifically is known as specific delegation. Specific delegation of authority is related with an assigned the task or a particular function.
73
Goal or target to be achieved is known as.
Discuss
Answer & Solution
Answer: Option D
Solution:
Goal or target to be achieved is known as objective. A step of a program is called a target. A program is composed of targets. A target is an action which should be undertaken in order to achieve a desired objective. There are several values of targets.
74
When authority is delegated as per the organisaiton structure it is called ________.
Discuss
Answer & Solution
Answer: Option A
Solution:
When authority is delegated as per the organisaiton structure it is called formal delegation. Formal delegation of authority is the part of organizational structure. Whenever a task is assigned to a person then the required authority is also given to him. This type of delegation is part of the normal functioning of the organization.
75
Penalty is levied for violation of
Discuss
Answer & Solution
Answer: Option B
Solution:
Penalty is levied for violation of Rules. A penalty is a punishment or consequence for doing something wrong.
76
When an individual or a group agrees to work under the direction of an informal leader is called ________.
Discuss
Answer & Solution
Answer: Option B
Solution:
When an individual or a group agrees to work under the direction of an informal leader is called informal delegation. Informal delegation does not arise due to position but according to circumstances.
77
Delegation made by written orders and instruction is known as _________.
Discuss
Answer & Solution
Answer: Option B
Solution:
Delegation made by written orders and instruction is known as written delegation. Delegation is an administrative process of getting things done by others by giving them responsibility. All important decisions are taken at top level by Board of Directors.
78
Set of clear instruction in a clear and logical sequence to perform a particular task
Discuss
Answer & Solution
Answer: Option B
Solution:
Set of clear instruction in a clear and logical sequence to perform a particular task is known as programme. Programme management is the process of managing several related projects, often with the intention of improving an organization's performance.
79
Departmentation on the basis of activities grouped according to the type of customer is _________.
Discuss
Answer & Solution
Answer: Option D
Solution:
Departmentation on the basis of activities grouped according to the type of customer is departmentation by customers. Customer departmentalization is where the organization’s activities are ready to respond to and interact with specific customers or customer groups.
80
Construction of fly over is an example of
Discuss
Answer & Solution
Answer: Option C
Solution:
Construction of fly over is an example of project. Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters