Business and Finance MCQs Test 02 Preparation Online Leave a Comment / Economics / By Shani Malik Business and Finance MCQs Test 02 Preparation Online 1. The first level of needs in Maslow's 'need hierarchy is ?A. Security needsB. Esteem needsC. Social needs D. Physiological needs Loading... 2. 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... 3. Objectives in the context of management may be defined as ?A. The purpose for the organization's survival B. Parameters for unified planningC. Laying down targets to be achieved over a period of time D. The end result, which an organisation tries to attain Loading... 4. 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.Burnham B. J.K.GalbraithC. Alfred MarshallD. F.W.Taylor Loading... 5. Which one of the following is an example of indirect tax ?A. Wealth taxB. Corporation taxC. Sales taxD. Income tax Loading... 6. The two key factors in 'management by objectives' are ?A. Short-run goods and flexibilityB. Systems approach and long-range planning C. Performance evaluation and objectives D. Democratic goal-setting and verifiable objectives Loading... 7. The incidence of tax refers to ?A. The effect produced by the tax B. The rate of taxation C. One who is immediately responsible to pay the taxD. One who bears the ultimate money burden of the tax Loading... 8. Who is generally regarded as the father of modern management ?A. F.W.Taylor B. James D.Mooney C. Alan C. ReileyD. Henry Fayol Loading... 9. The principle of scientific management implies ?A. Use of science in business B. Human approach to managementC. Managing business in a scientific way D. Replacement of rules of thumb by scientific principles of management Loading... 10. An informal organisation is one where ?A. There are no fixed hours of workB. There is no division of work C. Jobs of individuals are not precisely definedD. The structure is not prescribed by formal authority Loading... Loading... Related NTS Results Post:Biology Mcqs Test 10 Online PreparationBiology Mcqs Test 13 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 15 Online PreparationChemistry MCQs Test 07 Online PreparationIslamiat Mcqs Test 02 Online PreparationBiology Mcqs Test 14 Online Preparation
