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Business GK

Description: Useful for commerce students and other competitive exams.
Number of Questions: 29
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Tags: Business Management Commerce
Attempted 0/29 Correct 0 Score 0

Theory X states that

  1. workers prefer to be directed

  2. workers exercise self-direction and self-control

  3. workers have inherent liking for work

  4. works are divisible


Correct Option: A

Theory X and Theory Y were given by

  1. Maslow

  2. Herzberg

  3. McGregor

  4. Vroom


Correct Option: C

While delegating, a superior delegates

  1. authority and responsibility but not accountability

  2. only authority

  3. only responsibility

  4. only accountability


Correct Option: A

The delegation of authority depends on the subordinate's

  1. physical qualities

  2. educational qualification

  3. training

  4. ability and potential


Correct Option: D

The role of staff in line staff organisation is

  1. authoritative

  2. advisory

  3. responsible

  4. effective


Correct Option: B

SWOT analysis means

  1. analysing strengths, weaknesses, opportunities and threats.

  2. analysing specialisations, wealth, oligopolies and time.

  3. analysing superiors, workers, offices and time.

  4. analysing superiors, workers, opportunities and trends.


Correct Option: A

Which policy regulates the economic growth through the expansion of money supply?

  1. Price policy

  2. Monetary policy

  3. Fiscal policy

  4. Measurement policy


Correct Option: B

In line and staff organisation, the authority is vested on

  1. stafff

  2. line

  3. both (1) and (2)

  4. neither (1) or (2)


Correct Option: B

In the technique of MBO, (1) overall objectives are set at the top of the Organizational hierarchy (2) individual objectives coincide with the objectives of the organization (3) performance should be evaluated periodically (4) objectives are decided at the subordinate level

  1. 1 and 2

  2. 1, 2, 3

  3. 1 and 3

  4. 1, 2, 3, 4


Correct Option: C

Principle of construction notice is not agreed by

  1. the doctrine of indoor management

  2. the doctrine of ultra virus

  3. both (1) and (2)

  4. any such disagreement


Correct Option: A

Decentralisation causes

  1. increase in the importance of subordinates

  2. decrease in the importance of subordinates

  3. both (1) and (2)

  4. none of these


Correct Option: A

Staffing function includes

  1. training and placement

  2. training and organising

  3. training and motivating

  4. none of these


Correct Option: A

Planning function can

  1. tell a work allocation to all

  2. monitor whether the things allocated are in proper way

  3. make a blue print of ideas and work

  4. all of these


Correct Option: C

Leadership function includes all of the following but excludes

  1. leader

  2. situation

  3. product/service

  4. working group


Correct Option: C

Planning relates to

  1. forecasting

  2. training

  3. grouping

  4. all the above


Correct Option: A

According to Peter's principle

  1. people may become foolish when they reach the top

  2. only fools reach the top

  3. promotion based on current job - competence is not adequate

  4. feasibility of superiors is a part of life


Correct Option: C

Staffing means

  1. evaluating

  2. training

  3. motivating

  4. grouping


Correct Option: B

Directing can be related with

  1. grouping

  2. evaluating

  3. training

  4. motivating


Correct Option: D

Controlling means

  1. evaluating

  2. forecasting

  3. training

  4. motivating


Correct Option: A

The decentralisation of an organisation has which of the following advantages?

  1. Reduced burden on top executives, executive development and can solve the problems of co-ordination

  2. Option 1 and improvement of morale.

  3. No such advantage

  4. Can't say


Correct Option: A

In case of functional organisation,

  1. the organisation is divided into functions of specialists having authority

  2. there are specialist advisers but they have no authority

  3. both (1) and (2)

  4. can't say


Correct Option: A

The activities are grouped into units for the purpose of administration can be called as

  1. coordination

  2. decentralisation

  3. departmentalisation

  4. all the above


Correct Option: C

In management budgeting, cost accounting, planning and control can be done by which of the following techniques?

  1. Operation research

  2. Budgetary control

  3. PERT and CPM

  4. Forecasting


Correct Option: C

Policy making is a part of

  1. coordinating

  2. planning

  3. organising

  4. all the above


Correct Option: B

According to Scalar principle of organisation,

  1. only one superior is possible for each subordinate.

  2. a manager can supervise only a limited number of subordinates.

  3. complex problems are to be referred to the higher level of management.

  4. all the above.


Correct Option: C

Test-tube method of forecasting is called

  1. symptomatic technique

  2. systematic technique

  3. statistical technique

  4. survey technique


Correct Option: B

Historical analogy method is based on the stages of economic development as suggested by

  1. Marshal

  2. Maslow

  3. Rostow

  4. Terry


Correct Option: C

A strategy

  1. is the right combination of factors, both external and internal.

  2. is the relative combination of actions.

  3. may involve even contradictory action.

  4. all of these.


Correct Option: D

Which one of the following filing system is more flexible?

  1. Pigeon-hole filing

  2. Horizontal filing

  3. Vertical filing

  4. All are equally flexible


Correct Option: C
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