The principle of management by exception is most likely to be applied in the management function of:
A.Planning
B.Organizing
C.Directions
D.Control
E.All of the above
Category: Business Management Mcqs
Which of the following tax is separately imposed by central as well as state governments?
A.Entertainment tax
B.Sales tax
C.Income tax
D.Import duty
The economic function of middle-man is
A.To exploit the parties involved in the exchange
B.To ensure that parties to an exchange are made better off
C.To make trade among individuals so that the middle-man realizes a profit
D.Unjustified because the traders them selves could engage in trade and be better off if they did not pay the middle-men
E.All of the above
Which of the following is capital good
A.Cigarettes
B.Medicines in a hospital
C.New print
D.News paper
E.Car for factory manager
In a factory the costs which increase as output increases are known as
A.Fixed costs
B.Variable costs
C.Total costs line
D.Average fixed costs
E.Average total costs
First free trade zone in India was established in
A.Bombay
B.Calcutta
C.New Delhi
D.Madras
E.Trivandrum
Which of the following is not a financing institution?
A.IFCI
B.IDBI
C.FCI
D.IRCI
Which of the following company is under cooperative sector?
A.DCM Limited
B.Voltas Ltd
C.IFFCO
D.BARC
A synthetic process is one that
A.Combines several different ingredients or assembles numerous component parts to manufacture a product
B.Starts with basic raw materials and breaks it down into various constituent products
C.Is characterized by an uninterupted flow of operations from raw materials to end product
D.Involves operations which are repeated in the same way
E.Involves non-repetitive operations
Appraisal is
A.Judging
B.Finding
C.Hiring
D.Matching
E.None of the above
