MGT211 Solved MCQs

-------------- 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

trade

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

selling

capital 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

Mission SWOT analysis

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

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

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

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

trade

selling

capital

Middle

Poor

Stable Wealthy