Business Administration Paper – 2006 Solved MCQs Maharashtra PSC Exam Set 1

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(1) The three stages of marketing practices through which a company may pass are entrepreneurial marketing, formulate marketing and entrepreneurial marketing.

(a) True

(b) False

Answer: (a)

2) The continual segmenting or fragmenting of markets impedes the new product development process.

(a) True

(b) False

Answer: (b)

3) Reverse-flow channels refer to situations where one channel level acquires a level back in the channel, such as sears owning its own suppliers

(a) True

(b) False

Answer: (a)

4) Planning is concerned with defining an organization՚s goals and objectives and how to integrate and coordinate activities.

(a) True

(b) False

Answer: (a)

5) Leadership and management are two terms for the same process. [False]

(a) True

(b) False

Answer: (b)

6) Effective control systems monitor everything happening in the organization.

(a) True

(b) False

Answer: (b)

7) In informal planning, the organization՚s objectives are rarely verbalized.

(a) True

(b) False

Answer: (a)

8) The trait approach to leadership has identified a specific set of personality characteristics that determine leader success.

(a) True

(b) False

Answer: (a)

9) A brand is an offering from a known source.

(a) True

(b) False

Answer: (a)

10) The concept of compounding deals with finding the future value of a present

Sum.

(a) True

(b) False

Answer: (a)

11) Short term creditors would be most interested in the firm՚s of leverages ratios. [False]

(a) True

(b) False

Answer: (b)

12) Working capital management includes in part the administration of cash, marketable securities, receivables and inventories. [True]

(a) True

(b) False

Answer: (a)

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