Business Studies MCQs

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As a result of major government initiatives, more and more people are going 'green'. In order to keep in line with the trend, 'Clapaway...






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Any kind of external devices, like compact discs (CD's) for computer, have become obsolete. Google, with its Google Drive service, Apple with its...






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Growing awareness about X creates increase in demand for Y, H and V. Identify the feature of business environment being described in the above case.






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'Twinkle Stars' is a well-known resort for organising parties, especially for children. However, in past 6 months its popularity has reduced...






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According to the United Nations Environmental Agency, the world produces around 300 million tons of plastic each year, half of which constitutes singl...






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The Economic Survey, 2019 suggests that the psychological biases can be used in the realm of tax compliance. It is in favour of using religious norms ...






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'Yo Tummy' began its business by offering the classic combo of hamburgers and fries. But over time, their customers wanted healthier foods, ...






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According to a report by the India Staffing Federation (ISF), India has emerged as thefifth largest market worldwide in flexi-staffing in 2018 and the...






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Which one of the following is a step of planning?






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Which one of the following is a single-use plan?






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__ is a statement of expected results in numerical terms.






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__ is a comprehensive plan for achieving its objectives.






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___ are relevant to recurring activities.






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Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coaching, Vestibule Training, Conference, Lecture Metho...






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The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, ...






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Based on National Common Mobility Card standards, India's first indigenously developed inter-operable transport card was launched in March 2019 t...






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Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify the related limitation of planning.






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A strategy is derived from






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In which category does management fall?






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The element that aims at integrating group efforts to achieve group objectives is called ___






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Managing Director is the position of ___ level of management in a large company.






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Efficiency is concerned with






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Keeping in view the changes in the consumer demands and preferences 'Tasitemaker Bakery' has reduced the sugar and fat content in its produc...






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Which of the following statements is not relevant to the concept of "Management as an inexact science"?






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Identify the process that provides the requisite amount, quality, timing and sequence of efforts, which ensures that planned objectives are achieved w...






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Which one of the following is not a principle of scientific management?






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According to Henri Fayol, if this principle of general management is violated, "authority is undermined, discipline is in jeopardy, order disturbed an...






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Which of the following statements best defines the techniques of management?






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The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point of time. W...






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Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The given statement highlig...






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According to this principle of scientific management, "Scientific management has for its foundation the firm conviction that true interest of the mana...






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According to this principle of scientific management, the employees should be rewarded for their suggestions which results in substantial reduction in...






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The principle of management given by Fayol which aims at preventing overlapping of activities is:






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Product cost sets the lower limits of the price, the utility provided by the product and the intensity of demand of the buyers sets the upper limit. S...






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One of the following is an advantage of functional structure:






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___ involves giving authority and responsibility to subordinates.






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__ is the organisational structure in which no department is responsible for end results.






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___ is the duty for job performance.






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As the span of management increases in an organisation, the number of levels of management in the organisation






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Identify the type of organisational structure which facilitates occupational specialisation,






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Rishabh has joined as a Creative Head in an entertainment company. He always ensures that the work has been divided into small and manageable activiti...






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Lakshay has been given the task of arranging for five-day conference for foreign delegates. In order to ensure smooth functioning of the event, he has...






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___ is the deliberate action of an organisation for promoting goodwill between itself and the society.






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Marketing is called a ___ process because it involves interaction of buyers and sellers.






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Registering a trademark gives to the users.






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The main focus of selling concept is production volume. (T or F)




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According to Philip Kotler, marketing management is an art & science of which of the following:






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Which of the following are strategies involved in selling:






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Harshit is planning a start up a venture for offering mobile pet care services at door step. He has decided to charge ?1000 for heated hydrobath & blo...






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The term 'market' may be understood in which of the following contexts?






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Karam Limited is offering a travel package for 15 destinations worldwide with a free insurance on the bookings for the month of December, 2019. Identi...






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Madhubala is planning to launch an online education portal. In order to understand the varied needs of the students, she conducted an online survey. B...






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Pragati Limited has chalked out an action plan in order to increase its market share in the international market by 20% in the next one year. The acti...






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Keeping in view the recent trends of sales regression, Sona Limited has decided to offer a flat 15% discount on all its products. Identify the related...






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While reading the label of a pack of aluminium foil, Reshma discovered that the product was manufactured at Hyderabad but was available for sale in ma...






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Ranjan's business is being adversely affected due to the delay in delivery on account of poor weather conditions. Identify the marketing function...






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Champ Limited is a company providing online education to school children of all the classes. Over the years, it has established a good reputation and ...






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Srijan is fond of a particular brand of stationery. Every time he buys his favourite brand stationery products, he does not need make a close inspecti...






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Sugandha purchased a pack of crayons for her daughter from a nearby stationery shop. She noticed that the crayons were packed in a portable transparen...






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Lavanya runs a Play School from her residence. Recently, she placed an order online for 200 chalk boxes. The boxes were delivered to her in a corrugat...






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In an inter school quiz competition, the participants were shown empty bottles of soft drinks and were asked to identify the brands. All the participa...






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Ria refused to buy an insulated lunch box for ?1200 as she felt that the real worth of the product was much less than its monetary value. Identify the...






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Mehak Limited has hired 300 salesmen who will be assigned the task of contacting prospective buyers and creating awareness about the new range of orga...






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Samay wanted to purchase a car with the latest standards and possessing features to minimize pollution. He saw an advertisement and subsequently visit...






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Suganya decided to start the business of selline dress materials. She did some research to find out about the preferences of prospective customers. Ba...






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Yamuna Ki Bhujia' has developed a strong distribution network in India and abroad by setting up retail outlets and reaching out to the customer t...






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On the advice of VIGYAPAN PVT. LTD., "Yamuna Ki Bhujia' has also worked upon managing pubic opinion by developing better relations with the ...






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Which of the following does not apply to Principles of Management?






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Which of the following statements is false with respect to principles of management?






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Which of the following statements is true?






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_________ principle of management is being violatad if management does not fulfill its promise to inrease wages of the workers after the mission is ac...






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Aditi tends to be more biased towards her female employees, when it comes to solve the conflicts among employees. Which principle is being violated he...






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"...there will be separate departments for finance, marketing, production and sales..."






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"Planning involves foresightedness and imagination". Which feature of planning is described here






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"He always makes alternative plans and selects best out of them" Which feature of planning is highlighted here?






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Departments are established on the basis of ________ in functional organisation






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In which situation the divisional structure happens to be appropriate?






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Which of the following increases the importance of the subordinates?






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According to the traditional point of view ________ is called market






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________ point of view lays stress upon customer's welfare






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_______ is the central point in the marketing point of view.






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Under which philosophy of marketing, efforts are made to bring down the costof production to the minimum?






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Develop relationship.






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Which of the following is not a part of 'Place and Promotion'?






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Which one of the following is an importance of planning?






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Out of the following which one gives more strength to research work.






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Who is the Father of Administrative Management?






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Which of the following statements best describes 'Mental Revolution'?






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Which of the following statements is FALSE about Taylor and Fayol?






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Which of the following statements best describes the principle of 'Division of Work'?






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A purchase manager of a company has to purchase 500 tons of raw material. Apart from the other suppliers in the market, his son also supplies that raw...






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Which of the following elements should be kept in mind while determining fair remuneration?






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The violation of which principle of management results in 'disorderly flow of information'?






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According to which principle of management, all similar activities for the fulfilment of one object must be kept under one authority.