Commerce MCQ Questions and Answers

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Showing 10 of 242 questions
Q151
Planning function of management is performed by-
  • A Top management
  • B Middle management
  • C Lower management
  • D All of the above
Answer: Option A
Q152
MBO approach in management was introduced by-
  • A M. P. Follet
  • B Keith Davis
  • C Peter Drucker
  • D Oliver Sheldon
Answer: Option C
Q153
Which of the following is not an element of marketing mix ?
  • A Product
  • B Price
  • C Promotion
  • D Product life cycle
Answer: Option D
Q154
Market segmentation means-
  • A Grouping of buyers
  • B Grouping of sellers
  • C Grouping of middle men
  • D Grouping of producers
Answer: Option A
Q155
Standard costing is a technique of-
  • A Planning
  • B Organising
  • C Coordination
  • D Control
Answer: Option D
Q156
The principle of ‘Unity of Command’ was introduced by-
  • A Elton Mayo
  • B Henry Fayol
  • C F. W. Taylor
  • D Urwick
Answer: Option B
Q157
The last step of communication process is-
  • A Controlling
  • B Implementation
  • C Correction
  • D Reaction
Answer: Option D
Q158
Strategy is used in-
  • A Military
  • B Business
  • C Industry
  • D All of the above
Answer: Option D
Q159
‘3-D’ Model of leadership is propounded by-
  • A Likert Reinsis
  • B Kurt Levis
  • C William Ridin
  • D Henry Fayol
Answer: Option C
Q160
Personal selling includes-
  • A Selling
  • B Services to the customers
  • C Developing goodwill of the firm
  • D All of the above
Answer: Option D

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