Business Administration Paper – 2007 Solved MCQs NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Set 1

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(1) A decision is a choice made between two or more alternatives.

(a) True

(b) False

Answer: (a)

(2) Frank Gilbreth is known as father of Scientific Management.

(a) True

(b) False

Answer: (b)

(3) The responsibility for organizational planning rests with middle level management.

(a) True

(b) False

Answer: (a)

(4) The Hawthrone Experiments found that people were more concerned with preserving the work group than with maximizing their pay.

(a) True

(b) False

Answer: (a)

(5) Selling concept assumes that heavy selling and promotional efforts are needed to stimulate more demand for the product.

(a) True

(b) False

Answer: (a)

(6) Any paid form of non-personal presentation and promotion of ideas, goods or services by identified sponsor is known as public relation.

(a) True

(b) False

Answer: (b)

(7) Market Segmentation is concerned with dividing the market demographically and geographically.

(a) True

(b) False

Answer: (b)

(8) Joint Venturing is a form of entering foreign markets by joining with foreign companies to produce or market a product or service.

(a) True

(b) False

Answer: (b)

(9) Another name of cash flow is accounting profit.

(a) True

(b) False

Answer: (b)

(10) The Financial Manager has full control over his firm՚s stock price.

(a) True

(b) False

Answer: (b)

(11) Systematic risk can be diversified away by adding more securities to a portfolio.

(a) True

(b) False

Answer: (b)

(12) Discounting is the process of finding present value.

(a) True

(b) False

Answer: (a)