Latest Mgt211 Solved Mcqs Mega File By Moaaz

1. Which of the following must hold a statutory meeting?

1. Statutory companies
2. Private limited companies
3. Public limited companies
4. Chartered companies

2. Which of the following is NOT included in aids to trade?

1. Insurance
2. Warehousing
3. Transportation
4. Foreign trade

3. The portion of capital kept at the winding up of acompany for the payment of debts is known as:

1. Reserve capital
2. Issued capital
3. Subscribed capital
4. Authorized capital

4. Which of the following business type can avail some

concessions from the government?

1. Sole proprietorship
2. Partnership
3. Joint Stock company
4. Cooperative society

5. While making financial projections in a business plan,

which of these would NOT form part of the

plan?

1. Source of loan
2. Audit
3. Net income or profit
4. Expected revenues

6. Which of the following are included in a business plan? Financial information, production plans, personal policies.

1. Goals of the business and how they will be
2. achieved.
3. Market analysis
4. All of the given options.

7. Which of the following is not a reason for a business failure?

1. Managerial experience or inexperience
2. Effective control systems
3. Insufficient control system
4. None of the given options

8. In which of the following two or more organizations collaborate on a project for mutual gain?

1. Limited partnership
2. Public corporation
3. Strategic alliance
4. None of the given options

9. The difference between a country's merchandise exports and its merchandise imports is the:

1. Current account
2. Capital account
3. Balance of trade
4. Balance of payments

10. One of the best solutions to get rid of non-biodegradable wastes is:

1. Dumping
2. Recycling

11. The MBTI is a personality test that has been used to select candidates who will more likely engage in organizational citizenship behaviors at work. However, critics of this test suggest that the results can change over time as a person's personality

develops. Therefore the MBTI personality test may be:

1. Legal but not valid
2. Valid but not reliable
3. Reliable but not valid
4. Reliable but not legal

12.__________ is a written statement which contains the duties and responsibilities of a job.

1. Job analysis
2. Job specification
3. Job description
4. Job inventory chart

13. According to Maslow's hierarchy of needs, a person who buys a motion detector/burglar alarm for her house is motivated to do so in an attempt to fulfill

the following need:

1. Esteem
2. Security
3. Social
4. Self-actualization

14. Douglas McGregor is associated with which of the following?

1. Scientific management
2. Motivational factors
3. Theory X and theory Y
4. The Hawthorne studies

15. Which step in Maslow's Hierarchy of Needs Theory deals with achieving one's potential?

1. Safety
2. Self actualization
3. Physiological
4. Social

16. The term "Job Rotation": Is another term for employee empowerment?

1. Involves allocating a wider range of similar tasks toindividuals
2. Involves giving employees work with a greater
3. degree of responsibility and autonomy
4. Means that staff is moved periodically from task to

17. Which of the following statements is NOT true about

services?

1. They are experienced, used or consumed
2. They are often sold first, and then consumed
3. They are perishable
4. They are tangible

18. Which of the following generic terms is not a

management function?

1. Leading
2. Systemizing
3. Planning
4. Organizing

19. Increases in the degree of responsibility a worker has over his or her job is referred to as job:

1. Empowerment
2. Enlargement
3. Enrichment
4. Entitlement

20. ABC Company is currently hiring employees from different countries. ABC Company is said to be implementing _______________ strategy.

1. Decentralization
2. Downsizing
3. Workforce diversity
4. Retrenchment

21. What is potentially the biggest advantage of a small

partnership over a sole proprietorship?

1. Unlimited liability
2. Single tax filing
3. Difficult ownership resale
4. Raising capital

22. Which of the following is the oldest form of business

organization?

1. Sole proprietorship
2. Partnership
3. Company
4. Cooperative society

23. Which of the following is an advantage of a corporation that is not an advantage as a limited partner in a partnership?

1. Limited liability
2. Easy transfer of ownership position
3. Double taxation
4. All of the given options are advantages that the
5. corporation has over limited partner

24. Examples of constructive industries include:

1. Canals
2. Fishery
3. Sugar mills
4. Plant nurseries

25. Which of the following statement shows the Trade Deficit process?

1. A process in which country imports are higher than

        the exports

2.A process in which country exports are equal to the

        exports

3.A process in which country imports are less than

      the country exports

4. All of the given options

26. Mr. Saleem has invested 20,000 Rs in a business but did

not take part in the management of the

business. In which category of partner he falls?

1. Secret partner
2. Silent partner
3. Sleeping partner
4. All of the given options

27. Name of the business should:

1. Be simple
2. Indicates the type of business
3. Be familiar
4. All of the given options

28. Hormel Foods Corporation in the USA allows the Danish company Tulip International to produce and market SPAM for the UK market under its

own name. What kind of market entry strategy is Hormel using?

1. Licensing
2. Joint venturing
3. Contracting
4. Franchising