Economics Business and Finance MCQs Test 02 Preparation Online 0 Business and Finance MCQs Test 02 Preparation Online 1. The term Managerial Revolution refers to the prediction that with the expansion in size of business units, world affairs will eventually be in the hands of a few powerful managers. Who made use of this term ?A. J.K.GalbraithB. Alfred MarshallC. J.Burnham D. F.W.Taylor Loading... 2. The incidence of tax refers to ?A. One who bears the ultimate money burden of the tax B. The rate of taxation C. One who is immediately responsible to pay the taxD. The effect produced by the tax Loading... 3. The principle of scientific management implies ?A. Use of science in business B. Replacement of rules of thumb by scientific principles of management C. Human approach to managementD. Managing business in a scientific way Loading... 4. Which one of the following is an example of indirect tax ?A. Income taxB. Sales taxC. Wealth taxD. Corporation tax Loading... 5. Who is generally regarded as the father of modern management ?A. F.W.Taylor B. Henry Fayol C. Alan C. ReileyD. James D.Mooney Loading... 6. An informal organisation is one where ?A. There are no fixed hours of workB. The structure is not prescribed by formal authority C. Jobs of individuals are not precisely definedD. There is no division of work Loading... 7. The two key factors in 'management by objectives' are ?A. Performance evaluation and objectives B. Systems approach and long-range planning C. Democratic goal-setting and verifiable objectivesD. Short-run goods and flexibility Loading... 8. Planning and control are related in such a way that ?A. Both are concurrent B. Planning precedes control C. Both go hand-in-hand with each other in a cyclical mannerD. Control precedes planning Loading... 9. Objectives in the context of management may be defined as ?A. The end result, which an organisation tries to attainB. Laying down targets to be achieved over a period of time C. Parameters for unified planningD. The purpose for the organization's survival Loading... 10. The first level of needs in Maslow's 'need hierarchy is ?A. Physiological needsB. Esteem needsC. Security needsD. Social needs Loading... Loading... Related PostsBusiness and Finance MCQs Test 06 Preparation OnlineBusiness and Finance MCQs Test 07 Preparation OnlineBusiness and Finance MCQs Test 08 Preparation OnlineBusiness and Finance MCQs Test 01 Preparation OnlineBusiness and Finance MCQs Test 03 Preparation OnlineBusiness and Finance MCQs Test 04 Preparation OnlineBusiness and Finance MCQs Test 05 Preparation OnlinePublic Finance Test 01 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation Online Continue Reading Previous Business and Finance MCQs Test 01 Preparation OnlineNext Business and Finance MCQs Test 03 Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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