555 Buiseness management MCQ questions

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Buiseness management MCQ questions

Question 121 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A decision taken to meet unexpected situations is known as .....
A
economic decision
B
crisis decision
C
non-economic decision
D
problem decision
Question 121 Explanation: 

For many smaller to medium size enterprises (SMEs) this might not be possible. One strategy in such a situation is to outsource the crisis decision making to a third party, experienced in such events. Rob Preston is the Commercial Director of the Chelsea Group Security and Crisis Management division. Find out more about our solutions here

How To Ensure Effective Decision Making in a Crisis | Chelsea

A crisis is a major, unfamiliar, and unusual situation for the manager that requires a rapid decision. It is an unexpected event in that the manager has not had sufficient time to prepare for it. Finally, it is a situation that has the potential to result in major consequences for the organization and/or its members.

Managerial decision-making under crisis: The role of emotion

Question 122 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Exchange of ideas, opinions, information etc. between two or more persons is.....
A
Planning
B
organizing
C
Communication
D
Staffing
Question 122 Explanation: 

Communication can broadly be defined as exchange of ideas, messages and information between two or more persons, through a medium, in a manner that the sender and the receiver understand the message in the common sense, that is, they develop common understanding of the message.

Notes on Communication: Meaning, Nature and Importance

Question 123 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If the subordinates do not accept the command of their superior, then the superior cannot be said to have any authority over them is given in.
A
The acceptance of authority theory
B
The formal authority theory
C
The competence theory
D
The organisaiton theory
Question 123 Explanation: 

It is the area or limits set by individuals within which they accept the authority of superiors over them. Outside this 'area of acceptance', superiors have to command acceptance of authority. By accepting authority, subordinates enable the order or directives-issuing managers to possess the requisite authority.

Top 4 Theories of Authority | Organisation

The acceptance theory of authority presents a contrast to the traditional formal view of authority. According to the acceptance theory, authority in the ultimate analysis depends on the acceptance or consent of the people who are managed (subordinates) rather than legitimacy, or any legal, social or cultural norms. If the subordinates don't accept the command of their superior, the superior cannot be said to have any authority with reference to them.

Authority: Meaning, Characteristics and Types

Question 124 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The study relating to the movement of a machine operator and his machine while performing the job is called.....
A
time study
B
work study
C
motion study
D
fatigue study
Question 125 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The extent to which power and authority are retained at the top is called as
A
centralization
B
decentralization
C
responsibility
D
accountability
Question 125 Explanation: 

In centralization little delegation of authority is the rule- power and discretion are concentrated at the top levels. Control and decision making resides at the top levels of the management. The more highly centralized the organization, the more control and decision making reside at the top.

Centralization and Decentralization | Management

There are 125 questions to complete.

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