Management Questions and Answers - Set 36 | MBA BBA Solved Multiple Choice Questions(MCQs)

Questions

1 Which one of the following is not a major area of entrepreneurial innovation as suggested by Joseph Schumpeter ?

1 Product innovation

2 Process innovation

3 Market innovation

4 Structural innovation

Answer: Structural innovation

2 Which one of the following types of entrepreneurs are not proactive in nature and does not respond much to changes in the environment ?

1 Fabian entrepreneur

2 Adoptive entrepreneur

3 Drone entrepreneu

4 Innovative entrepreneur

View Answer

Answer: Fabian entrepreneur

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3 SFURTI (Scheme of fund for regeneration of traditional industries) is implemented by :

1 Union Ministry of Traditional Industries

2 National Agricultural cooperative Marketing Federation

3 Federation of Indian Chamber of Commerce and Industry

4 Union Ministry of Micro, Small and Medium Enterprises

View Answer

Answer: Union Ministry of Micro, Small and Medium Enterprises

4 According to the Tiwari Committee report, which one of the following is not an internal cause of industrial sickness in India ?

1 Lack of manpower planning

2 Lack of control systems

3 Excessive expenditure

4 Excessive tax policies

View Answer

Answer: Excessive tax policies

5 Which of the following is/are the component(s) of Ethics by field of interest ?

1 Descriptive ethics

2 Normative ethics

3 Meta ethics

4 All of the above

View Answer

Answer:All of the above

6 What is the right sequence of four psychological sub-processes in ethical action given by James Rest ?

1 Moral sensitivity, moral focus, moral judgment, moral character

2 Moral focus, moral character, moral sensitivity, moral judgement

3 Moral sensitivity, moral judgement, moral focus, moral character

4 Moral character, moral focus, moral judgement, moral sensitivity

View Answer

Answer: Moral sensitivity, moral focus, moral judgment, moral character

7 A new approach “Learning Model” which is helpful to strengthen the decision making process was developed by :

1 Arthur Rich

2 Bob Garratt

3 Christian Wolff

4 Lord Keynes

View Answer

Answer:Bob Garratt

8 Assertion (A) : Corporate behaviour towards stakeholders is an important concept in practice and a central part of corporate Governance.

Reason (R) : It has to be ethical, legal and responsible behaviour for organisation, stakeholders and society.

1 Both (A) and (R) are true.

2 Both (A) and (R) are false.

3 (A) is false, but (R) is true

4 (A) is true, but (R) is not a correct explanation of (A).

View Answer

Answer: Both (A) and (R) are true.

9 CSR is important because :

1 It influences all aspects of Company’s operation

2 It gives company’s mission and strategy

3 It increases the general affluence and societal expectation

4 All of the above

View Answer

Answer: All of the above

10 The demand function for commodity X, is QD5300220P; where P is the price in rupees per unit and QD is the quantity demanded in units per period. Which of the following is the price level at which total revenue of a firm facing this demand function is maximised ?

1 8.0

2 7.5

3 10.5

4 12.5

View Answer

Answer: 7.5

11 It costs a firm ` 90 per unit to produce product A, and ` 60 per unit to produce B individually. If the firm can produce both products together at ` 160 per unit of product A and B, this exhibits signs of :

1 economies of scope

2 diseconomies of scale

3 diseconomies of scope

4 economies of scale

View Answer

Answer: diseconomies of scope

12 In the context of Prisoner’s dilemma, which one of the following is correct ?

1 rational choices can lead to bad outcomes

2 rational choices can lead to good outcomes

3 co-operation can lead to sub - optimal results

4 none of the above

View Answer

Answer: rational choices can lead to bad outcomes

13 Find the most appropriate sequence of life-cycle of price for a product, from the initial stage to the mature stage.

1 Target price®penetration price®value - based price®limit price®niche price

2 Penetration price®limit price®value - based price®target price®niche price

3 Penetration price®target price®limit price®value - based price®niche price

4 Penetration price®niche price®target price®limit price®value - based price

View Answer

Answer: Target price®penetration price®value - based price®limit price®niche price

14 A public works project is proposed that has total present - worth benefits of ` 75 million and total present-worth cost of ` 55 million. In deliberating this proposal, some members of the Municipal Board have suggested that the project has a total present-worth disbenefits of ` 15 million; other members feel that ` 15 million should be treated as a cost. What will be the benefit cost ratio and net benefits value while considering the disbenefits as a cost ?

1 1.70 and ` 10 million

2 1.57 and ` 5 million

3 1.60 and ` 6 million

4 1.07 and ` 5 million

View Answer

Answer:1.07 and ` 5 million

15 The ability to integrate new ideas with the existing processes and to innovate on the job is a crucial __________ for today’s managers.

1 Conceptual skill

2 Human skill

3 Soft skill

4 Technical skill

View Answer

Answer:Conceptual skill

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Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 36

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