Business Management MCQS with Answers

Question 1

Who is known as the father of modern management?

Accepted Answer

Henri Fayol

Answer

F.W. Taylor

Answer

Max Weber

Answer

Elton Mayo

Question 2

Scientific management was pioneered by:

Accepted Answer

F.W. Taylor

Answer

Henri Fayol

Answer

Peter Drucker

Answer

Mary Parker Follett

Question 3

Which of the following is NOT one of the basic functions of management?

Accepted Answer

Accounting

Answer

Planning

Answer

Organizing

Answer

Controlling

Question 4

The principle of 'Unity of Command' implies that:

Accepted Answer

An employee should receive orders from only one superior

Answer

There should be one plan for one objective

Answer

All managers must agree

Answer

There is only one boss in the entire company

Question 5

SWOT analysis stands for:

Accepted Answer

Strengths, Weaknesses, Opportunities, Threats

Answer

Sales, Wealth, Organization, Team

Answer

Strategy, Work, Objectives, Tactics

Answer

Systems, Workers, Operations, Time

Question 6

The Hawthorne Studies are associated with which management approach?

Accepted Answer

Human Relations Movement

Answer

Scientific Management

Answer

Classical Management

Answer

Quantitative Approach

Question 7

Which level of management is primarily responsible for strategic planning?

Accepted Answer

Top management

Answer

First-line managers

Answer

Middle managers

Answer

Supervisors

Question 8

The process of assigning authority and responsibility to subordinates is called:

Accepted Answer

Delegation

Answer

Centralization

Answer

Departmentalization

Answer

Coordination

Question 9

A matrix organization combines which two types of departmentalization?

Accepted Answer

Functional and Product

Answer

Customer and Geographic

Answer

Process and Time

Answer

Centralized and Decentralized

Question 10

The term 'span of control' refers to:

Accepted Answer

The number of subordinates directly reporting to a manager

Answer

The total number of employees in a company

Answer

The physical area a manager oversees

Answer

The time a manager spends controlling

Question 11

Which of the following describes a 'laissez-faire' leadership style?

Accepted Answer

Manager provides little or no direction and gives employees maximum freedom

Answer

Strict rules and top-down decisions

Answer

Manager makes all decisions without consulting

Answer

Manager consults the team but makes the final call

Question 12

Maslow's Hierarchy of Needs places which need at the highest level?

Accepted Answer

Self-actualization

Answer

Physiological needs

Answer

Safety needs

Answer

Esteem needs

Question 13

The process of monitoring performance, comparing it with goals, and taking corrective action is known as:

Accepted Answer

Controlling

Answer

Planning

Answer

Organizing

Answer

Leading

Question 14

MBO stands for:

Accepted Answer

Management By Objectives

Answer

Management By Observation

Answer

Marketing Business Operations

Answer

Master of Business Organization

Question 15

Decentralization implies:

Accepted Answer

Dispersal of decision-making authority throughout the organization

Answer

Concentration of decision-making at the top

Answer

Eliminating middle management

Answer

Increasing the span of control