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Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 7

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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) Which one of the following is not a ‘hygiene factor’ of Herzberg’s Two Factor theory ?
(1) Interpersonal relations
(2) Working conditions
(3) Responsibility
(4) Job security
Answer: Responsibility
(2) Assertion (A) : Promotion is a move within the organisation to a higher position that has greater responsibilities and requires more advanced skills.

Reasoning (R) : Promotion may not involve a raise in status but a hike in salary is a must.

Code :
(1) (A) and (R) both are correct.
(2) (A) and (R) both are incorrect.
(3) (A) is correct whereas (R) is incorrect.
(4) (A) is incorrect whereas (R) is correct.
Answer: (A) is correct whereas (R) is incorrect

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(3) Which one of the following is a facility to file anonymous complaints ?
(1) Juke Box
(2) Wide Box
(3) Gripe Box
(4) Hard Box
Answer: Gripe Box
(4) Which of the following is/are not gainsharing plan(s) ?

(a) Scanlon Plan

(b) Rucker Plan

(c) Employee Stock Option Plan

(d) Improshare Plan

Code :
(1) (c) only
(2) (d) only
(3) (c) and (d) both
(4) (b), (c) and (d)
Answer: (c) only
(5) In which one of the following methods of performance appraisal, predetermined percentages of rates are placed in various performance categories ?
(1) Alternation Ranking Method
(2) Forced Distribution Method
(3) Paired Comparison Method
(4) Check - list Method
Answer: Forced Distribution Method
(6) Indicate the correct code for the combination from the following regarding the superiority of the wealth maximisation over the profit maximisation objective of the financial management :

(a) It takes into account long term stability and survival of the firm.

(b) It takes care of all other objectives of the firm like exploring and expanding markets, etc.

(c) It is based on the assumption of perfect competition in the market.

(d) It considers risk alongwith returns.

Code :
(1) (a), (b), (c) and (d)
(2) (b), (c) and (d)
(3) (a), (b) and (d)
(4) (a), (c) and (d)
Answer: (a), (b) and (d)
(7) The controller function of the financial management concerns with :
(1) advertising the public issue of the firm
(2) negotiating with banks for loans
(3) analysing variance between standard costs and actual costs
(4) estimating the future cash flows from certain project
Answer: analysing variance between standard costs and actual costs
(8) Capital Asset Pricing Model (CAPM) for risk measurement has been given by :
(1) Sharpe and Lintner
(2) Lintner and Treynor
(3) Sharpe, Lintner and Treynor
(4) Lintner, Modigliani and Miller
Answer: Sharpe, Lintner and Treynor
(9) Beta (β) is a measure of :
(1) Systematic Risk
(2) Unsystematic Risk
(3) Total Risk
(4) Business Risk
Answer: Systematic Risk
(10) Capital budgeting is concerned with :
(1) Arranging cash resources for the project.
(2) Managing the working capital of the firm.
(3) Managing the fixed assets through repairs and renewals.
(4) Evaluating the returns and investment in projects
Answer: Evaluating the returns and investment in projects.
(11) Which one of the following is the demand state where “Consumers dislike the product and may even pay to avoid it” ?
(1) Unwholesome demand
(2) Declining demand
(3) Negative demand
(4) Latent demand
Answer: Negative demand
(12) Evaluate the statements according to Brand Asset Valuator Model of Brand Equity :

Statement (I) : Knowledge measures the degree to which a brand is seen as different from others as well as its pricing power.

Statement (II) : Esteem measures perceptions of quality and loyalty or how well the brand is regarded and respected.

Code :
(1) Both the Statements are correct.
(2) Both the Statements are incorrect.
(3) Statement (I) is correct while Statement (II) is incorrect.
(4) Statement (I) is incorrect while Statement (II) is correct.
Answer: Statement (I) is incorrect while Statement (II) is correct.
(13) If a coaching institute provides some supporting study material along with teaching, then which one of the following service mix category would it be
(1) Hybrid offering
(2) Major service with accompanying minor goods and services
(3) Tangible good with accompanying services
(4) Pure service
Answer: Major service with accompanying minor goods and services
(14) Statement (I) : A low market - penetration index indicates substantial growth potential for all the firms.

Statement (II) : Generally, price competition increases and margins fall when the market - penetration index is already high.

Code : `
(1) Both the Statements are correct.
(2) Both the Statements are incorrect.
(3) Statement (I) is correct while Statement (II) is incorrect.
(4) Statement (I) is incorrect while Statement (II) is correct.
Answer: Both the Statements are correct.
(15) Which one of the following is a system of partnerships and alliances that a firm creates to source, augment, and deliver its offerings ?
(1) Value network
(2) Omnichannel marketing
(3) Integrated marketing channel system
(4) Direct marketing channel
Answer: Value network

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