How an executive interprets facts and events in accordance with beliefs and assumptions is best described by his
A.Administrative acuman
B.Managerial philosphy
C.Executive profile
D.Leadership style
E.None of the above
Category: Business Management Mcqs
The greatest barrier to communication lies in
A.Technological limitations
B.Human differences
C.Distance
D.Semantic problem
E.All of the above
Which of the following wage and salary criteria refer to organizationally internal wage determinants?
A.Ability to pay
B.Supply and demand
C.Cost of living
D.Prevailing pay
E.Union bargaining power
If the price index is 200, it means that the price level is
A.200 percent higher than in the base year
B.150 percent higher than in the base year
C.100 percent higher than in the base year
D.50 percent higher than in the base year
The demand for luxuries is
A.constant
B.elastic
C.inelastic
D.fixed
Shares can be purchased and sold in
A.nationalised banks
B.financial corporations
C.stock exchanges
D.non-nationalised banks
If the price level rises with a marked change in real output this is known as
A.Inflation
B.Deflation
C.Devaluation
D.Revaluaion
The disadvantage of product layout is
A.High initial investment is required for the specialized facilities
B.Skill labour is required to operate general purpose machinery
C.Production time is longer, requiring more goos in prices
D.Cost of inspection is very high
E.Production control is complex and costly
The law of demand indicates the relationship between
A.The price of a commodity and the quantity demanded
B.The income of consumer and the quantity demanded
C.The relationship betweent he price of one commodity and the price of a substitute
D.The price of two commodities
E.All of the above
An action probably engaged in by energetic manager is:
A.Controlling
B.Organizing
C.Decision making
D.Directing
E.None of the above
