The shareholders have limited liability in case of a
A.cooperative
B.partnership firm
C.public limited company
D.All of the above
Category: Business Management Mcqs
The size of the market for a product means
A.The number of people in a particular area
B.The geographical area saved by the producers
C.The number of sales of the product recorded annually
D.The number of potential buyers of the product
E.The volume of potential sales of the product
The employees Provident Fund act is acceptable to
A.All industries
B.Only small and medium industries
C.Industries which volunteer for the same
D.The industries notified by Government
E.The trade unions notified by Government
Contribution of a growing production to economic growth consists in what is
A.Adds to consumption
B.Adds to production minus what it takes away from the national product in the form of consumption
C.Adds to saving and investment
D.Adds to reproducible resources
E.None of the above
For a fact be considered as information, it must relate to a thing or circumstance and be:
A.Quantitatives
B.Relevant
C.Objective
D.Added knowledge
E.All of the above
Gross national income minus net national income equals
A.cost
B.taxes
C.depreciation
D.wages
The disadvantage of process layout system is
A.The initial investment is high
B.Machine failures and job difficulties seriously disrupt production schedules
C.The scope of production facilities is limited
D.Production time is longer, requiring more goods in process
E.High initial investment is required
What should a wise manager try to do about the informal communication system (the grapevine) that exists (virtually within) every formal organization?
A.Destroy it
B.Ignore it
C.Impede its flow of messages whenever possible
D.Use it as a supplement to the formal system
E.None of the above
The advertisement cost is included
A.In fixed cost
B.Sometimes in fixed cost and sometimes in variable costs
C.Always in variable costs
D.Never included in variable costs
E.It is a separate head of costs
Expediting is watching
A.flow of material
B.worker’s activity
C.minimizing delay
D.none of the above
