Management Practice MCQ Page 35

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: 4365   Which of the following is not a step in decision making?
  1. identifying the problem
  2. talking about the problem but refusing to analyze relevant data
  3. determining possible solutions
  4. implementation of a solution
Question: 4367   Quantitative methods of decision making received a big boost during:
  1. World War II
  2. World War I
  3. The Korean War
  4. The Indo-Pak War
Question: 4369   Inventory costs include
  1. clerical and administrative costs
  2. storage costs
  3. carrying cost
  4. all of the above
Question: 4370   Game theory involves:
  1. economic order quantity
  2. conflict of interest situations
  3. linear programming
  4. waiting-line theory
Question: 4371   Saddle point zero-sum games:
  1. can included two party zero-sum games
  2. use minimax
  3. use maximin
  4. all of these
Question: 4380   Monto Carlo technique uses:
  1. subjective technique
  2. calculated payoffs
  3. simulation
  4. assigned probability
Question: 4415   Linear programming technique can be applied for:
  1. optimisation of systems
  2. minimisation of cost
  3. minimisation of effort
  4. improving human relations
Question: 4416   Simulation technique will be useful :
  1. when the problems are complex
  2. when the problem cannot be solved mathematically
  3. where a precise solution is required
Question: 4417   The most correction statement about punishment is that :
  1. it should always be delayed to allow time to reflect and cool off
  2. it should never be used
  3. if employed more often,we could have greater productivity
  4. its costs and benefits must be carefully evaluated before using it
Question: 4418   The organizational level of management requires data about:
  1. production scheduling
  2. inventory control
  3. inventory measurement
  4. formulating budgets
Question: 4419   Which of the following is not a basic function of every business
  1. financing
  2. distributing
  3. research
  4. creating a utility
Question: 4420   The organization chart will not show:
  1. the informal organization
  2. how the work is divided
  3. the nature of the work performed by the components
  4. chain of command

Answers to the questions of Management on this page

Following list gives the correct choice for the answer of the Management mcqs.
4365 . B       4367 . A       4369 . D       4370 . B       4371 . A       4380 . C       4415 . A       4416 . B       4417 . D       4418 . D       4419 . C       4420 . A      

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