McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 101. |
Authority and responsibility are …………….to each other |
| A. | supplementary |
| B. | complementary |
| C. | contradictory |
| D. | none |
| Answer» B. complementary | |
| 102. |
………….principle states that an employee should receive orders form one superior only |
| A. | unity of direction |
| B. | unity of command |
| C. | esprit de corps |
| D. | none |
| Answer» B. unity of command | |
| 103. |
According to ………….principle, there should always exist one head and one plan for a group of activities having the same objective |
| A. | unity of direction |
| B. | unity of command |
| C. | esprit de corps |
| D. | none |
| Answer» A. unity of direction | |
| 104. |
…………..is highly suitable for large organizations having large number of managerial personnel at different levels. |
| A. | centralization |
| B. | decentralization |
| C. | departmentalization |
| D. | all of these |
| Answer» B. decentralization | |
| 105. |
………….is defined as a chain of superiors ranging from the ultimate authority to the lowest ranks |
| A. | structure |
| B. | scalar chain |
| C. | both of these |
| D. | none of these |
| Answer» B. scalar chain | |
| 106. |
The book “Creative Experience was written by ……………….. |
| A. | henry fayol |
| B. | f.w. taylor |
| C. | mary parker follet |
| D. | none of these |
| Answer» C. mary parker follet | |
| 107. |
……… is a world wide federation of national standards bodies, with one body representing each member country. |
| A. | ansi |
| B. | ifrs |
| C. | ias |
| D. | iso |
| Answer» D. iso | |
| 108. |
Ethics means ………. |
| A. | character |
| B. | manner |
| C. | custom |
| D. | all of tehse |
| Answer» D. all of tehse | |
| 109. |
…… is a sub function of direction |
| A. | supervision |
| B. | planning |
| C. | organising |
| D. | recruitment |
| Answer» A. supervision | |
| 110. |
......... refers to coordination between activities of a manager and his subordinates |
| A. | vertical coordination |
| B. | horizontal coordination |
| C. | diagonal coordination |
| D. | none |
| Answer» A. vertical coordination | |
| 111. |
Which of the following is not an area of responsibility for a logisticsmanager? |
| A. | warehousing |
| B. | inventory |
| C. | information systems |
| D. | marketing |
| Answer» D. marketing | |
| 112. |
The objective of ISO-9000 family of Quality management is |
| A. | customer satisfaction |
| B. | employee satisfaction |
| C. | skill enhancement |
| D. | environmental issues |
| Answer» A. customer satisfaction | |
| 113. |
Which of the following is responsible for quality objective? |
| A. | top level management |
| B. | middle level management |
| C. | frontline management |
| D. | all of the above |
| Answer» A. top level management | |
| 114. |
Which of the following is for Environment management? |
| A. | iso-9000 |
| B. | iso-14000 |
| C. | iso-26000 |
| D. | iso-31000 |
| Answer» B. iso-14000 | |
| 115. |
The necessity of human relation in management is emphasised by…. |
| A. | elton mayo |
| B. | charles babbage |
| C. | f.w.taylor |
| D. | hnery fayol |
| Answer» A. elton mayo | |
| 116. |
Ethics is a system of …………… principles |
| A. | moral |
| B. | guiding |
| C. | value |
| D. | none of the above |
| Answer» A. moral | |
| 117. |
.………….. mean a code of conduct |
| A. | principles |
| B. | values |
| C. | ethics |
| D. | none of the above |
| Answer» C. ethics | |
| 118. |
A document prepared to guide organization members when encountering ethical dilemmas is |
| A. | code of conduct |
| B. | list of rules and responsibilities |
| C. | code of ethics |
| D. | outline of expected behaviors |
| Answer» C. code of ethics | |
| 119. |
The form of ethics that endeavors to help professionals decide what to do when they are confronted with a case or situation that raises an ethical question or moral problem is referred to as |
| A. | professional ethics |
| B. | organizational ethics |
| C. | business ethics |
| D. | none of the above |
| Answer» C. business ethics | |
| 120. |
……….. is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several action that must be evaluated as right or wrong. |
| A. | crisis |
| B. | ethical issue |
| C. | condemnation |
| D. | fraud |
| Answer» B. ethical issue | |
| 121. |
……….. ethics is study of human behavior as a consequence of beliefs about what is right or wrong. |
| A. | normative |
| B. | meta |
| C. | applied |
| D. | moral |
| Answer» D. moral | |
| 122. |
The word “ethics” is derived from greek word …………. |
| A. | ethios |
| B. | ethikos |
| C. | etheos |
| D. | none of these. |
| Answer» B. ethikos | |
| 123. |
Ethics is a ………. |
| A. | pure science |
| B. | normative science |
| C. | inexact science |
| D. | none of these. |
| Answer» B. normative science | |
| 124. |
Ethics means………….. |
| A. | character |
| B. | manner |
| C. | customs |
| D. | all of these |
| Answer» D. all of these | |
| 125. |
…………. Deals with the right actions of individuals. |
| A. | sincerity |
| B. | rules |
| C. | ethics |
| D. | all of these |
| Answer» C. ethics | |
| 126. |
What is the classical view of management's social responsibility? |
| A. | to create specific environment in work place |
| B. | to maximise profits |
| C. | to protect and improve society's welfare |
| D. | all of the above |
| Answer» B. to maximise profits | |
| 127. |
What does the socio - economic view of social responsibility talk about? |
| A. | social responsibility goes beyond making profits to include protecting and improving society's welfare |
| B. | encourage business |
| C. | financial return |
| D. | none of the above |
| Answer» A. social responsibility goes beyond making profits to include protecting and improving society's welfare | |
| 128. |
What is the only concern of stock holders? |
| A. | financial return |
| B. | make profits |
| C. | encourage business to take up social responsibility |
| D. | none of the above |
| Answer» A. financial return | |
| 129. |
Which of the following is a disadvantage of social responsibility? |
| A. | possession of resources |
| B. | b. ethical obligation |
| C. | public image |
| D. | violation of profit maximization |
| Answer» D. violation of profit maximization | |
| 130. |
__________ is when a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities. |
| A. | social obligation |
| B. | social responsibility |
| C. | social responsiveness |
| D. | none of the above |
| Answer» A. social obligation | |
| 131. |
When social criteria is applied on investment decisions it is called ____ |
| A. | social responsiveness |
| B. | ethical obligation |
| C. | social screening |
| D. | financial return |
| Answer» C. social screening | |
| 132. |
The recognition of the close link between an organization’s decisions and activities and its impact on the natural environment is called __________. |
| A. | global environment |
| B. | greening of management |
| C. | social actions |
| D. | none of the above |
| Answer» B. greening of management | |
| 133. |
……………. Generally refers to transparent business practices that are based on ethical values, compliance with legal requirements, and respect for people, communities, and the environment. |
| A. | corporate social responsibility |
| B. | code of ethics |
| C. | ethical standards |
| D. | none of the above |
| Answer» A. corporate social responsibility | |
| 134. |
WBCSD stands for |
| A. | world business council for sustainable development |
| B. | world business company for sustainable development |
| C. | world bank council for sustainable development |
| D. | world business council for strategic development |
| Answer» A. world business council for sustainable development | |
| 135. |
In the process of production, capital equipment is worn out. The word used to described this process is |
| A. | Obsolescence |
| B. | Devalution |
| C. | Appreciation |
| D. | Depreciation |
| E. | Funding |
| Answer» D. Depreciation | |
| 136. |
The political party to which Hind Mazdoor Sabah is affiliated is |
| A. | Janata Party |
| B. | Bhartia Janata Party |
| C. | Congress (I) |
| D. | Socialist Party |
| E. | Communist Party |
| Answer» D. Socialist Party | |
| 137. |
Industrial safety is defined as |
| A. | Freedom from danger or injury, risk, or loss. |
| B. | Job security. |
| C. | Less than 1 |
| D. | A disease-free work environment |
| E. | Job specification |
| Answer» A. Freedom from danger or injury, risk, or loss. | |
| 138. |
During contract negotiations what two rights are weighed against each other |
| A. | Employes rights |
| B. | Management right |
| C. | Government right |
| D. | A and B |
| E. | B and C |
| Answer» D. A and B | |
| 139. |
A fall in demand for the product of a monopolised industry when predicted with lead to |
| A. | A fall in price |
| B. | A decrease in number of firms in the long run |
| C. | A decrease in the output of each firms |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |
| 140. |
If you want to use a red pen but mass production of only blue pens is undertaken, your inability to exercise your sovereignty is because of |
| A. | Limited income |
| B. | Standardized production |
| C. | Weather conditions |
| D. | State control |
| E. | Poor demand |
| Answer» B. Standardized production | |
| 141. |
The major cause of unemployment in India is |
| A. | under development |
| B. | inadequate employment planning |
| C. | rapid population growth |
| D. | All of the above |
| E. | Rs. 17,50,500 |
| Answer» D. All of the above | |
| 142. |
Nationalization means |
| A. | Taking over, by the government, of existing privately run concerns |
| B. | Establishing new enterprises as state run concerns |
| C. | Putting the day-to-day control of firms in the hands of Parliament |
| D. | Instituting worker in control of an industry |
| E. | The state assuming control of an industry to secure greater efficiency |
| Answer» A. Taking over, by the government, of existing privately run concerns | |
| 143. |
Differences in rates of interest charged from different customers arise due to |
| A. | Differences in risks |
| B. | Differences in use of money |
| C. | Differences in productivity |
| D. | All of the above |
| E. | None of the above |
| Answer» C. Differences in productivity | |
| 144. |
The 'free' good is so called because |
| A. | No charge is made to the consumer |
| B. | It is supplied freely by a public authority |
| C. | The supply is adequate to meet all needs without rationing |
| D. | There is an unlimited supply |
| E. | None body wants it. |
| Answer» E. None body wants it. | |
| 145. |
Indirect financial and non-financial forms of compensation are called |
| A. | Salaries |
| B. | Services |
| C. | Benefits |
| D. | none of the above |
| E. | All of the above |
| Answer» C. Benefits | |
| 146. |
The assumption in PERT is |
| A. | A project is always behind schedule |
| B. | Cost of project is always more than the estimated cost |
| C. | A project can be sub-divided into a set of predictable, independent activities |
| D. | Activities are complex in nature and time taken by them are indeterminate |
| E. | None of the above |
| Answer» C. A project can be sub-divided into a set of predictable, independent activities | |
| 147. |
A public sector undertaking |
| A. | Is fully owned by public through shareholders |
| B. | Is jointly owned by private parties |
| C. | Is jointly owned by private partics and Government |
| D. | Is fully owned by Government |
| E. | None of the above |
| Answer» D. Is fully owned by Government | |
| 148. |
Retention of cost competitiveness is the function of |
| A. | methods engineering |
| B. | finance department |
| C. | production planning and control |
| D. | none of the above |
| E. | None of the above |
| Answer» C. production planning and control | |
| 149. |
The size of the market for a product means |
| A. | The number of people in a particular area |
| B. | The geographical area saved by the producers |
| C. | The number of sales of the product recorded annually |
| D. | The number of potential buyers of the product |
| E. | The volume of potential sales of the product |
| Answer» E. The volume of potential sales of the product | |
| 150. |
Which of the following contributes to indirect cost? |
| A. | Training of workers |
| B. | Overtime payment to workers |
| C. | Depreciation of machinery |
| D. | Cost of material |
| E. | Rs. 17,50,500 |
| Answer» A. Training of workers | |
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