PGT (Commerce previous year questions) (HTET) (Part – IV)Total Questions: 10061. Which among the following are sub-systems of business firmsA. Production systemB. Finance systemC. Research a development systemD. All of the aboveCorrect Answer: D. All of the above62. An economy which comprises the combination of capitalism and communism with a state ownership and control of business along with private enterprises is calledA. Mixed EconomyB. Financial EconomyC. Dual EconomyD. Organized EconomyCorrect Answer: A. Mixed Economy63. Match List-I (Motivation theory) with List-II (Management Expert) and select the correct answer using the codes given below the lists:List-I (Motivation Theory)List-II (Management Expert)I. Hygiene Theory1. Abraham H. MaslowII. Theory ‘X’ and theory ‘Y’2. Victor VroomIII. Expectancy theory3. Fredrick Herzberg4. Douglas Mc GregorCodes: A. I-3, II-4, III-2B. I-1, II-4, III-2C. I-3, II-2, III-4D. I-1, II-2, III-4Correct Answer: B. I-1, II-4, III-264. In management principles, grid refers toA. Diverse managerial stylesB. CoordinationC. CommunicationD. MotivationCorrect Answer: C. Communication65. The process of determining how to pursue long term goals with the expected resources available to the organisation is calledA. Operational planningB. Strategic planningC. Intermediate planningD. Tactical planningCorrect Answer: A. Operational planning66. Which one of the following is the most appropriate management control technique for timely completion of a project?A. Organisation chartB. Management by objectivesC. PERTD. Span of controlCorrect Answer: C. PERT67. Which of the following pairs are correctly matched?List-IList-III. Frederick HerzbergScientific managementII. Henry FayolModern managementIII. Max WeberBureaucracyIV. Philip KotlerMarketingSelect the correct answer using the codes given below:A. I and IIB. II and IIIC. I and IIID. II, III and IVCorrect Answer: D. II, III and IV68. Hawthorne studies have underlined the significance of which of the following?A. System approach to managementB. Contingency approach to managementC. Modern approach to managementD. Human relations approach to managementCorrect Answer: D. Human relations approach to management69. Is management by exception, one of the important principles of control?A. Yes; because only the unusual deviations from standards should be brought to the notice of the managementB. No; because less significant deviations and the actual performance according to the standards are not brought to the notice of the managementC. Yes; because exception principle saves time of the subordinates staffD. No; because the manager can attend too operative decisions, and the strategic problems can be left to the technocratsCorrect Answer: A. Yes; because only the unusual deviations from standards should be brought to the notice of the management70. Job evaluation is used forA. study of progress of productionB. study of job compositionC. determining wage-rate differentialsD. rating the merit of an employeeCorrect Answer: C. determining wage-rate differentialsSubmit Quiz« Previous12345678910Next »