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Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 14

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Free Download as PDF Management Quiz Questions and Answers for Competitive Exams or solved MCQs with answers. These quiz objective questions are helpful for competitive exams SSC, UPSC, IAS, IPS, CDS, NDA, Railways or RRB, psc exams of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttar Pradesh, West Bengal, Chhattisgarh, Uttarakhand, Jharkhand, Telangana etc.
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(1) In case the firm makes varying investments on the different investment projects, the appropriate project evaluation technique would be, which one of the following ?
(1) Average annual rate of return technique
(2) Pay back period technique
(3) Net present value technique
(4) Profitability index technique
Answer: Profitability index technique
(2) According to Henry Fayol, which one of the following combinations of qualities are required in a manager ?
(1) Physical, mental, experience, educational and conceptual
(2) Technical, human, conceptual, mental and moral
(3) Physical, mental, moral, educational, technical and experience
(4) Mental, moral, conceptual, educational, technical and experience
Answer: Physical, mental, moral, educational, technical and experience

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(3) Neo-classical organisation theory emphasises on which one of the following ?
(1) Flat structure of organisation
(2) Tall structure of organisation
(3) Coordination by hierarchy
(4) Unity of command
Answer: Flat structure of organisation
(4) According to Graicuna’s formula of span of management, if a superior has three subordinates, what number of cross-relationships would be ?
(1) three
(2) nine
(3) six
(4) eighteen
Answer: six
(5) Arrange the following steps of training and development process in the right sequence :

a. Need analysis

b. Validation

c. Evaluation

d. Implement the programme

e. Instructional design

(1) a, e, d, c, b
(2) a, e, c, b, d
(3) a, e, b, d, c
(4) a, b, e, c, d
Answer: a, e, b, d, c
(6) Which one of the following is related to ‘Standard of Personnel’ ?
(1) Job Specification
(2) Job Description
(3) Job Design
(4) Job Evaluation
Answer: Job Specification
(7) If an employee desires to pay more than the minimum required contribution under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, then
(1) employer shall also pay an amount equal to the total contribution of employee.
(2) employer shall pay only half of the additional contribution of employee.
(3) employer is under no obligation to pay the additional contribution.
(4) the act is silent regarding this matter.
Answer: employer is under no obligation to pay the additional contribution.
(8) Under the Employees’ State Insurance Act, 1948, sickness benefit can be paid for which one of the following maximum periods ?
(1) 45 days in two consecutive benefit periods.
(2) 66 days in two consecutive benefit periods.
(3) 91 days in two consecutive benefit periods.
(4) 180 days in two consecutive benefit periods.
Answer: 91 days in two consecutive benefit periods.
(9) Which one of the following laws is enacted by the Central Government and enforced by the State Governments ?
(1) The Employees State Insurance Act, 1948
(2) The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952
(3) Factories Act, 1948
(4) The Mines Act, 1952
Answer: Factories Act, 1948
(10) The cost of external equity can be most appropriately computed as per the
(1) Earnings price ratio
(2) Dividend price ratio
(3) Dividend price plus growth ratio
(4) Capital assets pricing model
Answer: Capital assets pricing model
(11) Which one of the following is not a feature of ‘Preference Shares’ ?
(1) Prior claim on income / assets of the company over equity shareholders.
(2) Redeemability after certain period.
(3) Possessing voting rights on important issues of the company.
(4) May possess the right to participate in surplus profits of the company.
Answer: Possessing voting rights on important issues of the company.
(12) The basic consideration for dividend pay-out for a company excludes which one of the following ?
(1) Investment opportunities for the company
(2) Expectations of the shareholders of the company
(3) Legal and financial restrictions for the company
(4) Stability of the dividend considerations
Answer: Stability of the dividend considerations
(13) For the following two statements of Assertion (A) and Reasoning (R) indicate the correct code :

Assertion (A) : Shareholders Wealth Maximisation (SWM) and not the profit maximisation is an appropriate and operationally feasible financial management goal.

Reasoning (R) : There exists a principal-agent relationship between the shareholders and the management of the company.

Codes :
(1) (A) and (R) both are correct.
(2) (A) is correct but (R) is incorrect.
(3) (A) is incorrect but (R) is correct.
(4) (A) and (R) both are incorrect.
Answer: (A) and (R) both are correct.
(14) Which one of the following components is not the part of broad marketing environment ?
(1) Technological environment
(2) Task environment
(3) Demographic environment
(4) Natural environment
Answer: Task environment
(15) The Coco Cola Company markets a wide range of different beverage products including bottled water, soft-drinks, juices and sports drinks. Each product appeals to a different segment. This is an example of which type of market offering ?
(1) Differentiated marketing
(2) Target marketing
(3) Undifferentiated marketing
(4) Intensified marketing
Answer: Differentiated marketing

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