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Principles of Economics and Management MCQs | Page - 9

Dear candidates you will find MCQ questions of Principles of Economics and Management here. Learn these questions and prepare yourself for coming examinations and interviews. You can check the right answer of any question by clicking on any option or by clicking view answer button.

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Q. 81) ______ is the ultimate source of authority.

(A) Top management
(B) Middle level management
(C) Lower level management
(D) All of the above
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Q. 82) Which is the skills of management?

(A) Conceptual skills
(B) Human skills
(C) Technical skill
(D) All of the above
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Q. 83) Which is the principles of management?

(A) Division of work
(B) Authority and responsibility
(C) Unity of Direction
(D) All of the above
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Q. 84) Which is the function of management?

(A) Planning
(B) Organizing
(C) Staffing
(D) All of the above
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Q. 85) _______ is function of management.

(A) Production
(B) Staffing
(C) Transaction
(D) None of the above
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Q. 86) ______ is an organized group of people with a particular purpose.

(A) Organization
(B) Management
(C) Company
(D) None of the above
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Q. 87) Which one is the characteristics of organization?

(A) Assigning the duties
(B) Division of work
(C) Coordination
(D) All of the above
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Q. 88) Function of organization is _________.

(A) Specialization
(B) Coordination
(C) Efficient functioning
(D) All of the above
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Q. 89) Which is the types of organization?

(A) Line organization
(B) Staff organization
(C) Committee organization
(D) All of the above
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Q. 90) Power and authority is kept under top management is known as?

(A) Centralization
(B) Decentralization
(C) Both A and B
(D) None of the above
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