Commerce MCQ Question and Answer
Commerce MCQ Question and Answer
151. Planning function of management is performed by—
- Top management
- Middle management
- Lower management
- All of the above
152. MBO approach in management was introduced by—
- M. P. Follet
- Keith Davis
- Peter Drucker
- Oliver Sheldon
153. Which of the following is not an element of marketing mix ?
- Product
- Price
- Promotion
- Product life cycle
154. Market segmentation means—
- Grouping of buyers
- Grouping of sellers
- Grouping of middle men
- Grouping of producers
156. The principle of ‘Unity of Command’ was introduced by—
- Elton Mayo
- Henry Fayol
- F. W. Taylor
- Urwick
157. The last step of communication process is—
- Controlling
- Implementation
- Correction
- Reaction
159. ‘3-D’ Model of leadership is propounded by—
- Likert Reinsis
- Kurt Levis
- William Ridin
- Henry Fayol
160. Personal selling includes—
- Selling
- Services to the customers
- Developing goodwill of the firm
- All of the above