MKT501 Final Term MCQs 2026 by Ali Khan

Q1. Job evaluation is based on the:

1. Physical skills required by the job
2. Conceptual skill required by the job
3. Complexity of the job to perform
4. Relative job worth for an organization

Correct answer: Relative job worth for an organization

Q2. The basic objective of performance appraisal is not only a mere evaluation of employee for the only purpose to sure the target compliance but scan the employee and diagnose the deficiencies so that they may be rectified. This concept refers to:

1. Employee Promotion
2. Employee monitoring
3. Employee Learning
4. Employee Development

Correct answer: Employee Development

Q3. Training to the raters of performance appraisal is an important responsibility of:

1. Top management
2. Production department
3. Line managers
4. HR department

Correct answer: HR department

Q4. In which method of compensation, pay is directly tied to what the workers produce?

1. Piecework
2. Commission
3. Salaried
4. Day work

Correct answer: Piecework

Q5. The frequency of conducting performance appraisal is based on:

1. Job analysis
2. Organizational policies
3. Training sessions
4. Environmental challenges

Correct answer: Organizational policies

Q6. Ahmad is a punctual person. The rater is judging a punctual person as more hardworking and gives him overall good rating. Which of the following error has occurred during evaluation?

1. Leniency/Strictness
2. Central Tendency
3. Recent Behavior Bias
4. Halo Error

Correct answer: Halo Error

Q7. Which is the best time to discuss career-related issues with an employee?

1. During the employee’s annual appraisal
2. At a social lunch
3. At the weekly staff meeting
4. During a career success team meeting

Correct answer: During the employee’s annual appraisal

Q8. A plan of payment that refers to the payment on the basis of performance of the whole organization

1. Plant wide plans
2. Corporate wide plans
3. Team based plans
4. Group based plans

Correct answer: Corporate wide plans

Q9. Following are the non-financial compensation EXCEPT:

1. Monthly commission
2. Employee autonomy
3. Medical allowance
4. Stock option

Correct answer: Monthly commission

Q10. Which of the following is part of a manager’s role in an employee’s career development?

1. Communicating the mission, policies, and procedures
2. Establishing goals and career plans
3. Participating in career development discussions
4. Utilizing career development opportunities

Correct answer: Participating in career development discussions

Q1. The management is taking feedback from customers, suppliers and peers of employees for their performance evaluation. Which one of following method is being used by the management?

1. Work Standards
2. Behaviorally Anchored Rating Scales
3. Results-Based Systems
4. 360-degree feedback

Correct answer: 360-degree feedback

Q2. The frequency of conducting performance appraisal is based on:

1. Training sessions
2. Job analysis
3. Environmental challenges
4. Organizational policies

Correct answer: Organizational policies

Q3. An organization XYZ that gathers and considers the opinion of not only the immediate supervisors but also the subordinates and the colleagues at the same level actually uses the method:

1. Reverse Appraisal
2. 360 Degrees Feedback
3. Team Appraisal
4. Self Rating

Correct answer: 360 Degrees Feedback

Q4. The part of salary or the remuneration that an employee remains entitled as long as he/she is part of the

1. Benefits
2. Salary
3. Commissions
4. Wage

Correct answer: Salary

Q5. Which of the following measurement method rates employee performance relative to other employees?

1. Graphic rating scale
2. Essay method
3. Comparative method
4. Critical incident method

Correct answer: Comparative method

Q6. How money is perceived by employees as a part of their compensation?

1. Money motivates employees
2. Money makes effective evaluations
3. Money empowers employees
4. Money enhances management’s influence

Correct answer: Money motivates employees