Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 28

Questions
1 Car enters the drive-through of a fast food restaurant to place an order, and then it proceeds to pay for the food, and pick up the order. This is an example of :
1 a multiphase system
2 a multichannel system
3 a multiguaue system
4 a multiphase and multichannel system

Answer: a multiphase system
2 If the project completion time is normally distributed and the due date for the project is greater than the expected completion time, then the probability that the project will be finished by the due date is :
1 undeterminable without more information
2 less than 0.50
3 equal to 0.50
4 greater than 0.50

Answer:greater than 0.50
3 Consider the following statements relating to correlation and regression analysis :

Statement I : Correlation is independent of change of scale, but not of origin

Statement II : Correlation denotes co-variability between the variables

Statement III : Regression is a relative measure of relationship between variables

Statement IV : Regression is independent of change of origin but not of scale Choose the correct

option :
1 Statements I, II and IV are correct
2 Statements II, III and IV are correct
3 Statements II and III are correct
4 Statements II and IV are correct

Answer:Statements II and IV are correct
4 Which of the following is not a technology driver for an information system ?
1 Knowledge asset management
2 Enterprise applications
3 Object technologies
4 Networks and internet

Answer: Knowledge asset management
5 Negandhi Estafen’ is recognised as a good model for the analysis of :
1 Organisational effectiveness
2 Management effectiveness
3 Organisational growth
4 Organisation behaviour

Answer:Management effectiveness
6 A self contained internet program designed to be used in a specific environment is :
1 Active – X
2 Application programme interface
3 Applet
4 Artificial intelligence

Answer: Applet
7 A company manages multiple strategies for it’s multiple markets and multiple products through which one of the following ?
1 Strategic Planners
2 Strategic Business Units
3 Strategic Windows
4 Strategic Technology

Answer:Strategic Business Units
8 Only diversified company with a balanced portfolio can use its strengths to truly capitalise on its growth opportunities. Hence the balanced portfolio contains :
1 Stars whose high share and high growth assure the future
2 Cash cows that supply funds for their future growth
3 Question marks to be converted into stars with the added funds
4 All of the above

Answer:Question marks to be converted into stars with the added funds
9 Porter’s Generic Strategies identified three basic catagories of strategies to include which one of the following combinations ?
1 High Cost Producer, differentiation and cost control
2 Low Cost Producer, differentiation and focused Niche
3 Specific strategic issues, vertical integration strategies and supply strategy
4 Managerial resources, profitability and focused Niche

Answer:Low Cost Producer, differentiation and focused Niche
10 The stages of corporate development provide a way for the strategic manager to analyse :
1 Personal objectives, entrepreneurial skill
2 Managerial abilities, opportunity and threats
3 Frequently encountered version, functional management
4 Competitiveness, aggresiveness

Answer: Managerial abilities, opportunity and threats
11 Which of the following are included as external factors affecting industrial sickness ?

(a) Changes in fiscal and monetary policies

(b) Price and distribution

(c) Non-availability of inputs

(d) Industrial relations

(e) Capital market fluctuations

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

Answer:(a), (b), (c), (d) and (e)
12 Statement (I) “Motivation is a continuous, complex and dynamic process”.

Statement (II) “As compared to other industries, extra motivation is required in service sector industries”.

1 Statement (I) is correct but Statement (II) is incorrect.
2 Statement (II) is correct but Statement (I) is incorrect.
3 Both, Statement (I) and (II) are correct.
4 Both, Statement (I) and (II) are incorrect.

Answer:Both, Statement (I) and (II) are correct.
13 Assertion (A) : The function of entrepreneurs is to reform or revolutionise the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way.

Reasoning (R) : Lack of innovations will usually reduce the life span of a product and/or service.

Code :
1 Assertion (A) and Reasoning (R), both, are correct, and (R) is correct explanation of (A).
2 Assertion (A) and Reasoning (R), both, are correct, but (R) is not right explanation of (A).
3 Assertion (A) is correct, whereas Reasoning (R) is incorrect.
4 Reasoning (R) is correct, whereas Assertion (A) is incorrect

Answer:Assertion (A) and Reasoning (R), both, are correct, but (R) is not right explanation of (A).
14 Which of the following are correct for an entrepreneur ?

(a) is an independent person

(b) makes his/her own decisions

(c) has the opportunity of realising dreams

(d) has good financial strength

(e) has undergone a systematic business training

(f) has immense job satisfaction

Code :
1 (a), (b), (c) and (d)
2 (a), (b), (c) and (e)
3 (a), (b), (c) and (f)
4 (a), (b), (d) and (f)

Answer:(a), (b), (c) and (f)
15 Assertion (A) : Social audit has been defined as a commitment to systematic assessment of and reporting in some meaningful, definable domain of the company’s activities that have social impacts.

Reasons (R) : The Companies Act 2013 has accorded statutory recognition of the social responsibility of a corporate entity and gives option to provide a percentage of profit for the purpose as per discretion of the board.

Code :
1 Both (A) and (R)are correct, and (R) is the right explanation of (A).
2 Both (A) and (R) are correct, but (R) is not the right explanation of (A).
3 (A) is correct but (R) is not correct.
4 (R) is correct but (A) is not correct

Answer: (A) is correct but (R) is not correct.

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