Management Practice MCQ Page 33

Multiple Choice questions for Management in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 4276   Which is not type of economic forecasting?
  1. extrapolation
  2. user expectations
  3. lead and lag indicators
  4. econometrice
Question: 4277   Sales may be anticipated by:
  1. jury of executive opinion
  2. grass-roots method
  3. current sales information
  4. all of the above
Question: 4278   An econometric model;
  1. uses no - mathematical techniques
  2. is not used in forecasting
  3. can suggest the results of using various strategies
  4. determines lag indictors.
Question: 4279   An each system in the planning function is made up of four elements.The are:
  1. objectives ,policies,procedures,plans
  2. procedures,feedback,control plans
  3. standards,inputs ,outputs, controls
  4. inputs,process,outputs,feedback
Question: 4280   The specified of XYZ Ltd.can accept gifts from suppliers except token gifts of purely nominal or advertising value.It is a:
  1. objectives
  2. policy
  3. procedure
  4. method
Question: 4343   Management by objectives:
  1. is the opposite of job enrichment
  2. does not related to establishing goals
  3. is not related to establishing goals
  4. gives subordinates a voice in what is goint on
Question: 4344   A policy is best defined as:
  1. an unwritten objective
  2. a rule
  3. a guide to action and decision making
  4. a regulation not be violated
Question: 4345   Operation research :
  1. is a research at the operation level
  2. is a non-mathematical concept
  3. shows how to conduct research on various manufacturing operations
  4. helps broaden management 's vision and perspective in selecting alternative strategies and solutions to problems
Question: 4346   In its approach to decision making,operations research emphasizes the use of .......... point of view
  1. departmental
  2. inter-departmental
  3. inter-firm
  4. none of these
Question: 4347   The steps involved in OR analysis are:
  1. identification and quantification of goals of the system
  2. identification and quantification of variables that affect goals attainment
  3. selection or construction of the appropriate mathematical models
  4. all of these
Question: 4348   Selective probability is:
  1. the product of benefits times probability
  2. the product of costs times probability
  3. based on known probabilities
  4. based on limited knowledge or experience
Question: 4349   The probability of a new product's success is 0.6 ,with an expected value of Rs.21,600.What is projected savings?
  1. Rs.12,960
  2. Rs.21,600
  3. Rs.34,560
  4. Rs.36,800