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Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 27

1 When one individual or group wins at the expense of another individual or group, it is termed as __________.
1 Zero-sum conflict
2 Non-zero sum conflict
3 Line-staff conflict
4 Formal-informal conflict

Answer: Zero-sum conflict
2 Which one of the following statements is not true in the case of Human Resource Management ?
1 It performs developmental function
2 Employees are motivated by salary
3 It is proactive in nature
4 It consists of various sub-systems

Answer: Employees are motivated by salary


3 Which one of the following training methods is not a managerial ‘on-the-job training method‘ ?
1 Coaching
2 Action Learning
3 Job Rotation
4 Management Games

Answer:Management Games
4 __________ to deal with employee indiscipline provides the offender every opportunity to state his side of the case.
1 Punitive approach
2 HRD approach
3 Humanistic approach
4 Judicial approach

Answer:Judicial approach
5 Which one of the following is a disadvantage of Critical Incident Method as a tool of performance appraisal ?
1 Difficult to rate or rank employees relative to one another
2 Time - consuming
3 Can cause disagreements among employees and may be unfair if all employees are, in fact, excellent
4 Employee’s appraisal results depend on employer’s choice of cut-off points

Answer:Difficult to rate or rank employees relative to one another
6 If raw materials are in store for 2 months, processing time 2½ months, finished goods remain in store for 15 days, debtors are allowed 60 days’ credit and credit received from suppliers of raw material is one month, the operating cycle period is :
1 7 months
2 6 months
3 6½ months
4 5 months

Answer: 6 months
7 Which of the following is not general disclosure requirement under Accounting standard-14 ?
1 Name and nature of Business
2 Description and number of shares issued
3 Accounting method followed
4 Particulars of scheme sanctioned

Answer:Description and number of shares issued
8 Under the Modified Accelerated Cost Recovery System (MACRS) an asset in the “5 year property class” would typically be depreciated over how many years ?
1 4 years
2 5 years
3 6 years
4 7 years .

Answer:6 years
9 According to the concept of financial signalling, management behaviour results in new debt issues being regarded as “__________ news” by investors.
1 Non-Event
2 Bad
3 Risk Neutral
4 Good

10 The Exchange of interest and/or principal payment between two parties are called :
1 Swap
2 In the money
3 Forward
4 Put option

11 From the following set of information, which combination is correct to define the process of perception in order to understand consumer behaviour ?

(a) Selective Attention

(b) Selective Distortion

(c) Selective Retention

(d) Selective Apprehension

Code :
1 Only (a) and (d) are correct
2 Only (a), (b) and (d) are correct
3 Only (b), (c) and (d) are correct
4 Only (a), (b) and (c) are correct

Answer: Only (a), (b) and (c) are correct
12 When the company’s Salesperson contacts the customer from time to time with Suggestions about improved uses of the product or additional new range of products, then it is called as :
1 Proactive Marketing
2 Accountable Marketing
3 Reactive Marketing
4 Relationship Marketing

Answer:Proactive Marketing
13 A state of demand where major part of the market dislikes the product and may even pay a price to avoid it, may be called as :
1 Declining Demand
2 Overfull Demand
3 Negative Demand
4 Distractive Demand

Answer:Negative Demand
14 When the Companies pay less attention to its own costs or demands and bases its price largely on competitors’ prices, then it is known as :
1 Value Pricing
2 Going rate pricing
3 Image pricing
4 Psychological pricing

Answer:Going rate pricing
15 An input (such as variable cost per unit or fixed cost) for a model is an example of a(n) ?
1 Stochastic variable
2 Decision variable
3 Algorithm
4 Parameter

Answer: Parameter

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