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
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152. MBO approach in management was introduced by—
  • M. P. Follet
  • Keith Davis
  • Peter Drucker
  • Oliver Sheldon
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153. Which of the following is not an element of marketing mix ?
  • Product
  • Price
  • Promotion
  • Product life cycle
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154. Market segmentation means—
  • Grouping of buyers
  • Grouping of sellers
  • Grouping of middle men
  • Grouping of producers
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155. Standard costing is a technique of—
  • Planning
  • Organising
  • Coordination
  • Control
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156. The principle of ‘Unity of Command’ was introduced by—
  • Elton Mayo
  • Henry Fayol
  • F. W. Taylor
  • Urwick
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157. The last step of communication process is—
  • Controlling
  • Implementation
  • Correction
  • Reaction
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158. Strategy is used in—
  • Military
  • Business
  • Industry
  • All of the above
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159. ‘3-D’ Model of leadership is propounded by—
  • Likert Reinsis
  • Kurt Levis
  • William Ridin
  • Henry Fayol
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160. Personal selling includes—
  • Selling
  • Services to the customers
  • Developing goodwill of the firm
  • All of the above
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