Equilibrium exists between
A.Buyers and sellers
B.Supply and demand
C.Price and quality
D.Quantity and quantity
E.All of the above
Category: Business Management Mcqs
Which of the following will not happen if trade union forces up the wage bill?
A.Other things remaining the same firms profit will fall
B.More men will be employed because the higher wages attract them
C.Prices of the product will soon rise
D.Employers will substitute machines for men where possible
E.Fewer men will be employed
Interest is not paid by banks on
A.Fixed deposits
B.Recurring deposit
C.Savings deposits
D.Cash certificates
E.Traveller’s cheqe.
The financial position of a company is considered to be sound if
A.Sufficient funds are available under reserve and surplus
B.Company has declared good dividends in the past
C.Sales are increasing
D.Gross profit is reasonable
E.The company has no loans outstanding
Which would cause interest rates to rise?
A.Diamond for money
B.Standard of living
C.Value of money
D.General level of prices
E.All of the above
Planning and control departments normally do not consist of
A.Planning cell
B.Control cell
C.Inventory section
D.Printing section
E.Quality section
Division of labour is helpful in
A.batch production
B.mass production
C.quality assurance
D.bulky goods
Fringe benefit refer to
A.Extra remuneration
B.Overtime
C.Non-wages
D.Extra capital earning
E.Bonus system
Which of the following place is not associated with steel plant?
A.Salem
B.Visakhapatnam
C.Bhadravati
D.Udaipur
The main disadvantage of line organisation is
A.Communication delay
B.Rigid structure
C.Top level executions over work
D.All the above
E.None of the above
