MGT211 Midterm 200 MCQs Preparation

MGT211 Introduction To Business More than 200 MCQs

For Preparation of Midterm Exam

Q1. Which of the following business type has longest life time?

Sole proprietorship Partnership Joint stock company All of the given options

Q2. Election of the Board of Directors is done by Shareholders.

Q3. Which of the following business type, has to pay double taxes to the government?

Sole proprietorship Partnership Joint stock company Cooperative Societies

Q4. ___________ includes the rules and regulations, necessary to manage the internal affairs of the company.

Memorandum of Association Article of Association Prospectus All of the given option

Q5. General information like Appointment, election and powers of directors, voting rights and transfer of shares mention in ____________.

Q6. To call the extraordinary meeting, how many days’ notice is required? 21 days 15 days 07 days 30 days

Q7. According to Section 305 of Companies Ordinance, a company may wound up by court under which of the following circumstances:

Statutory Declaration Fails to submit statutory report Expiry of Period Appointment of Liquidators

Q8. Which of the following is the source of acquiring of redeemable capital? Modarba Certificate Debentures

Participation Term Certificates All of the given option

Q9. Normally some part of Capital is kept for the payment of debts at the time of winding up, is called as:

Reserve capital Un-Issued Capital Un-Called up Capital All of the given option

Q10. The following person cannot make a petition to the court to get an order for winding up of a company.

Petition by debtor Petition by creditor Petition by contributory All of the above

Q11. Which of the following is the disadvantage of modified schedules and alternative workplace?

Freedom in professional and personal life More Job satisfaction

Complicated coordination

Suitable for self starter who require little direct supervision

Q12. Among different managerial styles, which of the following allows most rapid decision making?

Autocratic styles Democratic styles Free rein style None of the given option

Q13. ____________ is the process of motivating others to work to meet specific objectives.

Leadership Motivation Free rein style Democratic style

Q14. Which of the following represents the set of procedures involving both managers and subordinates in setting goals and evaluating progress? Participative Management and Empowerment

Management by Objectives (MBO)

Reinforcement/Behavior Modification Theory None of the given option

Q15. The internal environment consists of the insides forces that influence marketing strategy and decision making is/are as follows:

Organization Policies Product Policies Management Structure All of the given option

Q16. A specific communication task to be accomplished with a specific target audience during a specific period of time is called as:

Marketing Mix Advertising objective Market segmentation Marketing process

Q17. Dividing a market into distance groups of buyers who have distinct needs, characteristics, or behavior and who might require separate products or marketing mixes.

Market segmentation Marketing Mix Marketing Penetration Marketing control

Q18. The actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationship with target customers are called as:

Marketing Environment Market segmentation Marketing Mix Marketing Penetration

Q19. The set of controllable tactical marketing tools-product, price, place and promotion that the firm blends to produce the response it wants in the target market.

Market segmentation Marketing Mix Marketing Penetration Marketing Environment

Q20. Motor cycle and car are very different from one another, but both fulfill the need for transport is an example of:

Substitute product competition Brand competition International competition: Market competition

Q21. Physical distribution is a channel to make availability of ___________ from producer to consumer.

Finished goods Work in process Raw material All of the given option

Q22. Advertising strategies often depend on the product life cycle stage. Example in case of introductory stage, which of the following advertising strategy is used:

Persuasive advertising Comparative advertising Informative advertising Reminder advertising None of the given options

Q23. ____________ is a promotional approach that encourages consumer demand, which then exerts pressure on wholesalers and retailers to carry a product. Pull strategy Push strategy Persuasive advertising Sales Promotion

Q24. _____________ includes rental or mortgage payments, insurance, and wages. Other cost includes material handling and inventory control.

Warehousing cost Transportation cost Distribution cost Manufacturing cost

Q25. Personal selling task in which salespeople try to persuade buyers to purchase products by providing information about their benefits is:

Order Processing Creative Selling Missionary Selling None of the given option

Q26. Consumer promotion aimed at the _________ and Trade promotion aimed at wholesalers and retailers.

Final consumer Retailer Wholesalers All of the given options

Q27. In which of the following, Companies rent booths to display and demonstrate products to customers who have a special interest or are ready to buy. Trade Shows Contests Cross-promotion Special-event sponsorship

Q28. _____________ is the planning, organizing, directing, and controlling of all the activities needed to get high-quality goods and services into the marketplace.

Total quality management (TQM) Promotion strategy Sales promotion Management by objective (MBO)

Q29. A promotional tool in which information about a company or product is transmitted by general mass media, which is free, but you have little or no control of the content and delivery.

Public relation Trade Promotion Publicity Consumer Promotion

Q30. Advertising strategy that tries to keep a product's name in the consumer's mind.

Persuasive advertising Comparative advertising Informative advertising Reminder advertising

Q31. Pizza delivery service company generated after tax earnings of Rs. 800,000. With total stockholder investments equaling Rs. 20,00,000. What was the company's return on equity?

10% 15% 40% 80%