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Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 33

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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) Ethics deals with ideals, it is regarded as a normative science. Choose any one from the following options which is not a part of ethics as a normative science.
(1) It tells what a human conduct ought to be.
(2) It determines norms, ideals, standards or values.
(3) It passes judgements of value stating whether a particular conduct is in conformity with the moral ideal or the ideal of goodness.
(4) It passes judgements regarding facts and events as they are and state the laws governing them.
Answer: It passes judgements regarding facts and events as they are and state the laws governing them.
(2) Value formulation is a combination of several factors indicated below. Which one of them is the appropriate option ?
(1) Biological source, medical source, legal mandate, organisational mission and vision
(2) Legal source, moral source, spiritual source, philanthropic source
(3) Organisational culture, command from higher authorities, judicial pronouncements
(4) Genetic source, environmental source (culture, education, religious faith), influence of superiors, multimedia source
Answer: Genetic source, environmental source (culture, education, religious faith), influence of superiors, multimedia source

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(3) In the sphere of ethics in decision making, for determining morally correct action, there are specific stages providing rationale for moral action. Choose any one appropriate option from the following.
(1) Actions that avoid punishment, actions that serve one’s needs, actions that gain approval from others, actions that abide laws and authority, social contracts and actions supported by universal principles.
(2) Actions that impose punishment, actions that are not followed by feedback response, actions beyond moral approbation, approved by judicial pronouncement, supported by universal principles.
(3) Actions that are morally right, legally enforceable, is used on external believes that events are controlled by destiny, fate or luck, not supported by social contracts, supported by universal principles.
(4) Actions that are morally wrong but supported by hierarchy and organisational goal of profit maximisation, individual judgement about ethicality of the decision is ignored
Answer: Actions that avoid punishment, actions that serve one’s needs, actions that gain approval from others, actions that abide laws and authority, social contracts and actions supported by universal principles.
(4) Assertion (A) : According to David Fritzsche, business ethics is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture. Reason (R) : Managers need not evaluate the moral dimensions of a decision before making it, because they are to carry out the order of the higher authority to maximise commercial gain for the entity. Codes :
(1) Both (A) and (R) are correct.
(2) (A) is correct and (R) is the right explanation of (A).
(3) (A) is correct but (R) is not the right explanation of (A).
(4) Both (A) and (R) are incorrect.
Answer: (A) is correct but (R) is not the right explanation of (A).
(5) In which sector FDI was not prohibited under the government route as well as automatic route till February 10, 2015 ?
(1) Atomic energy
(2) Lottery business
(3) Housing and real estate
(4) Single brand retail trade
Answer: Single brand retail trade
(6) If the demand for using the Noida express way is given by

: Q540,00022500P

Where Q is the number of users (vehicles) and P is the amount of toll collected per unit who uses the express way. In light of this information which of the following is true :

(1) At P5` 6 and Q514,000 ; demand is price inelastic.
(2) At P5` 7 and Q516,500 ; demand is unitary elastic.
(3) At P5` 4 and Q59,500, demand is price elastic.
(4) All of the above
Answer: At P5` 4 and Q59,500, demand is price elastic.
(7) If a 100% scale-efficient plant has 92% technical efficiency and 88.5% allocative-efficiency, then its overall efficiency will be :
(1) 88.5%
(2) 90.25%
(3) 93.0%
(4) 81.42%
Answer: 81.42%
(8) A country can improve its balance of payment through contribution both to current account and capital account by way of __________.
(1) Export promotion
(2) Foreign Direct Investment
(3) Import of Capital
(4) Export of Capital
Answer: 81.42%
(9) For an economy which consist of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of ` 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4% greater automobile production and 8% inflation.
(1) 4.0%
(2) 12.0%
(3) 6.0%
(4) 12.32%
Answer: 12.32%
(10) Demand policies targeted to reduce the unemployment become ineffective in presence of the following :
(1) Vertical phillips curve
(2) Money illusion and ignorance among workers
(3) Horizontal phillips curve
(4) None of the above
Answer: Vertical phillips curve
(11) An individual’s involvement with, satisfaction and enthusiasm for, the work he does, is known as :
(1) Employee engagement
(2) Job involvement
(3) Job satisfaction
(4) Organisational commitment
Answer: Employee engagement
(12) Which of the following is not perceived as the basic element of motivation ?
(1) Direction
(2) Intensity
(3) Performance
(4) Persistence
Answer: Performance
(13) A theory of motivation that is concerned with the beneficial effects of intrinsic motivation and the harmful effects of extrinsic motivation, is termed as
(1) Cognitive Evaluation Theory
(2) Self-efficiency Theory
(3) Self-determination Theory
(4) Two-factor Theory
Answer: Self-determination Theory
(14) A relatively stable set of characteristics that influence an individual’s behaviour is known as :
(1) Attitude
(2) Learning
(3) Perception
(4) Personality
Answer: Personality
(15) Assertion (A) : The more differentiated the HR environment, the more uncertain it shall be : Reason (R) : Organisations are dependent in an environment where human resources are not widely available.
(1) Both (A) and (R) are correct
(2) (A) is correct and (R) is the right explanation of (A)
(3) (A) is correct but (R) is not the right explanation of (A)
(4) Both (A) and (R) are incorrect
Answer: (A) is correct but (R) is not the right explanation of (A)

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