MGT211 MCQs by A I

Is the lifeblood of every business.

✓ Goods wealth

✓ Capital

✓ Buying

--------is connected with the production and preparation of goods and services.

✓ Business system ✓ Social process

✓ Industry

------------- is the second component of business.

✓ Commerce

✓ Industry primary ✓ Industry secondary ✓ Industry

A good business person must have the knowledge about ---------- skills.

✓ Personal

✓ Technical

✓ Leadership decision ✓ Making

------------ separates the organization from its environment.

✓ External environment ✓ Multiple environment ✓ Economic environment

✓ Organizational boundaries

✓ Middle ✓ Poor ✓ Stable ✓ Wealthy

Due to the absence of ----------- the performance of cooperative society is very poor.

✓ Discipline ✓ Experience ✓ Capital

✓ Profit incentive

----------- are the objectives that a business hopes and plan to achieve

✓ Plans

✓ Goals

✓ Miss ✓ SW

In Private limited company minimum members can be 2 and maximum members should not exceed------

✓ 50 ✓ 20 ✓ 10 ✓ 40

A public company must have --------- basic legal document.

✓ 2 ✓ 3 ✓ 5 ✓ 6

A notice of annual general meeting should be sent to the shareholders at least-------- days before the date of meeting.

✓ 15 ✓ 30 ✓ 21 Company must hold an annual general meeting of its shareholders -------in a year.

✓ Once ✓ Twice ✓ Thrice four ✓ Times

---------- skills are necessary to compete in a global environment.

✓ Technical skills

✓ Global management skills

✓ Time management skills ✓ Human relation skills

Skills used in understanding and getting along with people is ----------

✓ Decision making skills ✓ Technical skills

✓ Human relation skills

✓ Conceptual skills

------------- are responsible for the development. Pricing, promotion and distribution of goods and services

✓ Operation managers

✓ Marketing managers

✓ Information managers ✓ Financial managers

Measure of ---------- by which we compare that how much a system can produce with the resources needed to produce it purchasing selling

GDP per capital capital

Minimum members of public limited company should be

✓ 5