ALL4MBA: Management quiz

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Quiz Questions

1.
What psychological methodology does NLP stand for?
- A.
  Neuro-Linguistic Programming
- B.
  Non linear programming
- C.
  Neuro-Logistic programming
- D.
  Neuro lateral Programming
2.
Who developed the ten stages of corporate life cycle, starting with Courtship and Infancy and ending in Bureaucracy and Death?
- A.
  Dr. NH Borden
- B.
  Dr Ichak Adizes
- C.
  Philip Kotler
- D.
  David Aaker
3.
What does the selling acronym AIDA stand for?
- A.
  Awareness, Interest, Desire, Action
- B.
  Accessibility, Interest, Durability, Action
- C.
  Attention, Interest, Desire, Action
- D.
  None of the above
4.
The Ansoff matrix correlates what two aspects of business development from the 'new' and 'existing' perspectives?
- A.
  Price and Market
- B.
  Service and Market
- C.
  Products and Industry
- D.
  Products and Markets
5.
In business accounts and financial reporting, expenses which change according to scale of performance or usage or demand are known as what?
- A.
  Variable Cost
- B.
  Fixed Cost
- C.
  Marginal Cost
- D.
  Semi Variable cost
6.
What is the name of Ingham and Luft's model and theory which deals with hidden and open areas of knowledge about a person?
- A.
  BCG matrix
- B.
  The Johari Window
- C.
  Traffic Light Matrix
- D.
  None of the above
7.
One of the most effective and efficient forms of marketing is abbreviated to the initials WOM; what is it?
- A.
  Word of members
- B.
  Wisdom of Members
- C.
  Word of Mouth
- D.
  None of the above
8.
Bloom's Taxonomy of Learning Domains divides learning development into three main aspects: Cognitive, Affective and Psychomotor; what might these three aspects of personal development more commonly be called?
- A.
  Ability, Skills, Knowledge
- B.
  Knowledge, Seriousness, Attitude
- C.
  Awareness, Skills, Kindness
- D.
  Knowledge, Attitude, Skills
9.
What are the four metaphorical terms used to describe products/services in Boston Matrix model according to market share and market maturity?
- A.
  Stars, Question marks, Cash cows, Dogs
- B.
  Successful, Qualitative, Cash dogs, Donkeys
- C.
  Stars, Question marks, Cash, Dogs
- D.
  All of the above
10.
The financial ratio which divides a company's 'liquid assets' by 'current liabilities' is known by what popular term?
- A.
  Acid test
- B.
  Litmus Test
- C.
  Pilot Test
- D.
  Pre Test
11.
What does the SWOT stand for in SWOT analysis?
- A.
  Shortcomings, Weaknesses, Oppositions, Time
- B.
  Strength, Weaknesses, Obstructions, Threats
- C.
  Strengths, Weaknesses, Opportunities, Threats
- D.
  None of the above
12.
What are the 'Four Functional Types' within Carl Jung's theory?
- A.
  Thinking, Feeling, Sensation, Intuition
- B.
  Timing, Feeling, Scoring, Integrating
- C.
  Thinking, Feeling, Sensing, Initiating
- D.
  None of the above
13.
Consider the following statements: Planning involves 1. Forecasting 2. Choice among alternative courses of action. 3. Wishful thinking 4. Decision only by production manager Of these statements:
- A.
  1, 2, 3 and 4 are correct
- B.
  1, 3 and 4 are correct
- C.
  1 and 2 are correct
- D.
  2 and 3 are correct
14.
Overall and strategic planning is done by the
- A.
  Top management
- B.
  Middle level management
- C.
  Supervisory level management
- D.
  All of the above
15.
If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of
- A.
  Division of authority
- B.
  Decentralisation of authority
- C.
  Delegation of authority
- D.
  Delegation of responsibility
16.
An organisation structure is effective if it enables individuals to contribute to the objectives of the enterprise. This is known as
- A.
  Scalar principle
- B.
  Principle of functional definition
- C.
  Principle of unity of objectives
- D.
  None of the above
17.
While delegating, a superior delegates
- A.
  Only authority
- B.
  Authority and responsibility
- C.
  Authority, responsibility and accountability
- D.
  Authority and responsibility but not accountability
18.
Stage of PLC (i) Introduction (ii) Growth (iii) Accessible (iv) Maturity (v) Decline (vi) Attitude
- A.
  i, ii, iii and iv
- B.
  ii, iii, iv and v
- C.
  i, ii, iv and v
- D.
  All of the above
19.
Market control process consists
- A.
  Formation of Performance standards
- B.
  Performance Appraisal
- C.
  Correcting Deviations
- D.
  All of the above
20.
Which of the following is not factors of the demand variable, according to Philip Kotler?
- A.
  Environment Variable
- B.
  Competition Variable
- C.
  Customer Variable
- D.
  All of the above
21.
The marketing concerns requires both fixed capital and
- A.
  Working Capital
- B.
  Long-term Capital
- C.
  Share Capital
- D.
  Flexible Capital
22.
The cost of capital method includes
- A.
  dividend yield method
- B.
  earning yield method
- C.
  dividend yield + growth in dividend method
- D.
  All of the above

Quiz Outcomes

1.
Beginner
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2.
You Know More Than The Average Management student
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3.
Well, You nailed it
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ALL4MBA: Management quiz

Take our management quiz to assess your knowledge on management courses and to identify scope for improvement.

Quiz Questions

Quiz Outcomes