Business Management MCQs and Notes

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Business Management

Q 1. Which of the following groups of economists find consumers sovereignty undesirable?

(A) Capitalists

(B) Socialists

(D) Positivists

Q 2. In linear programming shadow prices are

(A) The values assigned to one unit of capacity

(B) Maximum cost per item

(D) Cost of items manufactured in the plant

Q 3. The performance of a company can be judged by its

(A) Share capital

(B) total production

(D) profits

Q 4. All of the following are the characteristics of capitalism EXCEPT

(A) Right to private property

(B) Economic equality

(D) Right of free enterprise

Q 5. The incentive plan which awards bonus to worker on the basis of time save in addition to certain base rate is

(A) Halsey plan

(B) Rowan plan

(D) none of the above

Q 6. Basic tool in work study is

(A) Process chart

(B) Planning chart

(D) Stop watch

Q 7. India had a plan holiday between

(A) 1947 and 1951

(B) 1963 and 1966

(D) 1971 and 1974

Q 8. Micromotion study is

(A) Enlarged view of motion study

(B) Analysis of one stage of motion chart

(D) Sub-division of an operation into therbligs and their analysis

Q 9. Sinking fuad' is associated with

(A) employees welfare

(B) mahcine depreciation

(D) indirect labour cost

Q 10. Speculation arises because of

(A) Monopolistic competition

(B) Stock market

(D) Uncertainty of the future

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