Management
Management MCQs with Answers and Explanations
Management MCQs with answers and detailed explanations for MBA, BBA, NTS, PPSC and job tests. Covers planning, organising, leading and controlling. Take a scored quiz instead →
Which financial ratio evaluates a firm’s capacity to pay off short-term obligations using its short-term assets?
ADebt-to-Equity Ratio
BCurrent Ratio
CReturn on Investment
DAsset Turnover Ratio
The control process in management involves four basic steps. What is the logical sequence of these steps?
AEstablish Standards -> Measure Performance -> Compare -> Take Action
BMeasure Performance -> Establish Standards -> Compare -> Take Action
CCompare -> Establish Standards -> Measure Performance -> Take Action
DTake Action -> Establish Standards -> Measure Performance -> Compare
Who is universally recognized as the ‘Father of Scientific Management’?
AHenri Fayol
BFrederick Winslow Taylor
CMax Weber
DElton Mayo
In Victor Vroom’s Expectancy Theory of motivation, overall Motivation is formulated as:
AMotivation = Need x Drive x Incentive
BMotivation = Expectancy x Instrumentality x Valence
CMotivation = Hygiene x Motivator x Growth
DMotivation = Effort x Skill x Task
Which of Henri Fayol’s 14 principles of management dictates that an employee should receive orders from one supervisor only?
AUnity of Direction
BUnity of Command
CScalar Chain
DEsprit de Corps
What analytical framework assesses industry profitability and structural attractiveness by analyzing five competitive dynamics?
AAnsoff Matrix
BPorter's Five Forces Model
CMcKinsey 7S Framework
DBalanced Scorecard
The Hawthorne Studies, conducted by Elton Mayo and his associates, laid the foundational groundwork for which management movement?
AScientific Management Movement
BHuman Relations Movement
CBureaucratic Management Movement
DQuantitative Management Movement
Which decision-making model posits that managers choose options that are satisfactory rather than optimal due to cognitive constraints?
AClassical Decision Model
BBounded Rationality Model
CIntuitive Decision Model
DGarbage Can Model
According to Max Weber, an ideal organization characterized by division of labor, clear hierarchy, detailed rules, and impersonal relationships is known as a:
AMatrix Organization
BBureaucracy
CAdhocracy
DNetwork Structure
What term describes a phenomenon where strong group pressure for consensus overrides critical appraisal of alternative proposals?
AGroupthink
BSocial Loafing
CGroup Polarization
DBrainstorming