Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 33
Questions
1
Ethics deals with ideals, it is regarded as a normative science. Choose any one from the following options which is not a part of ethics as a normative science.
Answer:It passes judgements regarding facts and events as they are and state the laws governing them.
2
Value formulation is a combination of several factors indicated below. Which one of them is the appropriate option ?
Answer: Genetic source, environmental source (culture, education, religious faith), influence of superiors, multimedia source
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3
In the sphere of ethics in decision making, for determining morally correct action, there are specific stages providing rationale for moral action. Choose any one appropriate option from the following.
Answer: Actions that avoid punishment, actions that serve one’s needs, actions that gain approval from others, actions that abide laws and authority, social contracts and actions supported by universal principles.
4
Assertion (A) : According to David Fritzsche, business ethics is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture.
Reason (R) : Managers need not evaluate the moral dimensions of a decision before making it, because they are to carry out the order of the higher authority to maximise commercial gain for the entity.
Codes :
Answer: (A) is correct but (R) is not the right explanation of (A).
5
In which sector FDI was not prohibited under the government route as well as automatic route till February 10, 2015 ?
Answer:Single brand retail trade
6
If the demand for using the Noida express way is given by
: Q540,00022500P
Where Q is the number of users (vehicles) and P is the amount of toll collected per unit who uses the express way. In light of this information which of the following is true :
Answer:At P5` 4 and Q59,500, demand is price elastic.
7
If a 100% scale-efficient plant has 92% technical efficiency and 88.5% allocative-efficiency, then its overall efficiency will be :
Answer:81.42%
8
A country can improve its balance of payment through contribution both to current account and capital account by way of __________.
Answer: 81.42%
9
For an economy which consist of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of ` 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the 4% greater automobile production and 8% inflation.
Answer:12.32%
10
Demand policies targeted to reduce the unemployment become ineffective in presence of the following :
Answer:Vertical phillips curve
11
An individual’s involvement with, satisfaction and enthusiasm for, the work he does, is known as :
Answer: Employee engagement
12
Which of the following is not perceived as the basic element of motivation ?
Answer:Performance
13
A theory of motivation that is concerned with the beneficial effects of intrinsic motivation and the harmful effects of extrinsic motivation, is termed as
Answer:Self-determination Theory
14
A relatively stable set of characteristics that influence an individual’s behaviour is known as :
Answer:Personality
15
Assertion (A) : The more differentiated the HR environment, the more uncertain it shall be :
Reason (R) : Organisations are dependent in an environment where human resources are not widely available.
Answer: (A) is correct but (R) is not the right explanation of (A)