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Business Management GK

Description: Useful for commerce students, SET, NET,etc.
Number of Questions: 28
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Tags: Business Management General Knowledge Commerce Visual / Spatial Reasoning Logical Reasoning Area 2-D Mensuration Probability
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Four levels of management include top,______, middle and operating levels.

  1. bottom

  2. intermediate

  3. in-between

  4. medium


Correct Option: B

Planning and _____ are inseparable siamese twins of management.

  1. organising

  2. staffing

  3. directing

  4. controlling


Correct Option: D

_______ is the function in industry concerned with the execution of policies within the limits and the employment of the organsiation for the particular objectives set before it.

  1. Management

  2. Administration

  3. Organisation

  4. Controlling


Correct Option: A

_______ decisions are used for unstructured novel and illdefined situations of a non-recurring nature.

  1. Programmable

  2. Programmed

  3. Non-programmed

  4. Non-programmable


Correct Option: C

_______ induces an individual to perform.

  1. Leadership style

  2. Motivation

  3. Morale

  4. Direction


Correct Option: B

The system of authority created in an organisation is called

  1. unity of command

  2. chain of command

  3. organisational command

  4. both (1) and (2)


Correct Option: B

_______ is defined as an economic resource, a group, a subject of study and a process.

  1. Business

  2. Administration

  3. Management

  4. Organisation


Correct Option: C

______ is also known as grapevine.

  1. Formal communication

  2. Informal communication

  3. Verbal communication

  4. Written communication


Correct Option: B

Managerial skills are of four types; conceptual, human, technical and _____ .

  1. diagnostic

  2. artistic

  3. competitive

  4. managerial


Correct Option: A

According to _____ school, management is situational.

  1. environmental

  2. contingency

  3. managerial

  4. traditional


Correct Option: B

_____ holds the view that administration is above management.

  1. Oliver Sheldon

  2. E.F.L. Breach

  3. Henry Fayol

  4. Koontz


Correct Option: A

______ refers to the line of demarcation between various managerial positions in an organisation.

  1. Hierarchy

  2. Authority

  3. Power

  4. Command


Correct Option: A

______ is the function in industry concerned with the determination of corporate policy, the coordination of finance, production and distribution, the settlement of compass and ultimate control of the executive.

  1. Management

  2. Controlling

  3. Organisation

  4. Administration


Correct Option: D

Promotion in service is a _____ need.

  1. social

  2. physiological

  3. self realisation

  4. esteem


Correct Option: C

Love and affection are ______ according to Abraham Maslow.

  1. social needs

  2. physiological needs

  3. self realisation needs

  4. esteem needs


Correct Option: A

One of the most widely known approaches of defining leadership styles is the _____ developed by Robert Blake and Jane Mouton.

  1. managerial grid

  2. autocratic leadership style

  3. benevolent autocratic style

  4. both (1) and (2)


Correct Option: A

____ is an example of esteem need.

  1. Food

  2. Protection from accident

  3. Promotion in service

  4. Personal dignity


Correct Option: D

According to _____ motivation results from valance x expectancy.

  1. Maslow

  2. Fayol

  3. Blake and Mouton

  4. Vroom


Correct Option: D

In Vroom's theory, motivation results from

  1. valance + expectancy

  2. valance / expectancy

  3. valance x expectancy

  4. valance - expectancy


Correct Option: C

Which of the following is a satisfier?

  1. Salary

  2. Relation with supervisor

  3. Working condition

  4. Advancement


Correct Option: D

According to Herzberg, motivators are

  1. dissatisfiers

  2. satisfiers

  3. hygiene factors

  4. both (2) and (3)


Correct Option: B

Working condition is a _____ factor according to Herzberg's two factor theory.

  1. motivator

  2. satisfier

  3. dissatisfier

  4. hygiene


Correct Option: C

______ developed the scientific management school.

  1. F.W. Taylor

  2. F.M. Taylor

  3. M.F. Taylor

  4. Henry Fayol


Correct Option: A

In an organisation, the most important element is the

  1. cost

  2. people

  3. time

  4. task


Correct Option: B

______ is the end process preceeded by deliberation and reasoning.

  1. Planning

  2. Organising

  3. Staffing

  4. Decision making


Correct Option: D

According to _______ management is a comprehensive term and administration is its part.

  1. Oliver Sheldon

  2. E.F.L. Breach

  3. Henry Fayol

  4. Koontz


Correct Option: B

Which of the following is an objective?

  1. To reduce cost as much as possible.

  2. To reduce product price to capture the market.

  3. To make more profits.

  4. To reduce costs by five percent.


Correct Option: D

A management style that exists when the to management grants subordinate managers a significant degree of autonomy and independence in operating and making decisions for their organisational units, is called

  1. centralisation

  2. delegation

  3. decentralisation

  4. span of control


Correct Option: C
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