Management Multiple Choice Questions and Answers

This quiz consist of all the management related questions and answers.
1. Which of the following organizations have recognized the importance of knowledge management to being a learning organization ?
[A] General electric
[B] Toyota
[C] Buckman Laboratories
[D] All of above
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2.

The organic organization seeks to maximize flexibility and .....


[A] Accuracy
[B] Ability
[C] Adaptability
[D] Autnomy
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3. "Life Cycle Theory" of leadership was developed by ?
[A] Paul Hersey and Kenneth H.Blanchard
[B] Paul Blanchard & Peter John
[C] Paul Hersey and John Davidson
[D] Paul Hersey and Kenneth Jones
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4. Accounting is defined as ?
[A] An art of recording,classifying and summarizing in a significant manner and in terms of money,transactions and events which are in part at least,of a financial character and interpreting the results thereof.
[B] A systematic and regular record of events clear financial picture
[C] A method of ascertaining profits & loss
[D] Noting but book keeping
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5. A narrow view of the world; an ability to recognize difference between people is known as ?
[A] Geocentric Attitude
[B] Parochialism
[C] Ethnocentric Attitude
[D] None of these
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6. A narrow view of the world; an ability to recognize difference between people is known as ?
[A] Geocentric Attitude
[B] Parochialism
[C] Ethnocentric Attitude
[D] None of these
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7. The concept of scientific management was given by ?
[A] Frederick Taylor
[B] Henry Fayol
[C] Elton Mayo
[D] Peter Drucker
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8. The purpose of business, according to Drucker is to ?
[A] Maximize sales
[B] Maximize Profits
[C] Create Customers
[D] Improve Morale
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9. The function of administration in a business organization is performed by ?
[A] Top management
[B] Middle Management
[C] Supervisory Force
[D] None of above
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10. Management Seeks to make
[A] Workers efficient
[B] Management consultants assertive
[C] Organization effective
[D] None of above
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