Business Administration Paper – 2008 Solved MCQs NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Set 1
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(1) The last stage of Maslow Need Hierachy is Esteem.
(a) True
(b) False
Answer: (b)
(2) An effective Manager is one who achieves the goal with the least amount of resources.
(a) True
(b) False
Answer: (a)
(3) Audit is a type of controlling system.
(a) True
(b) False
Answer: (a)
(4) Removal of undesirable elements serves as Negative Reinforcement tool to motivate the people.
(a) True
(b) False
Answer: (a)
(5) Marketing of services heavily rely on advertising.
(a) True
(b) False
Answer: (a)
(6) Advertising is paid, personal communication through media
(a) True
(b) False
Answer: (b)
(7) Skimming pricing is used when the customers are quality conscious.
(a) True
(b) False
Answer: (a)
(8) Advertising is usually at the top of Promotion Mix of every product.
(a) True
(b) False
Answer: (a)
(9) Profit as against Share Price Maximization is always a desirable goal of organization.
(a) True
(b) False
Answer: (b)
(10) For a short-term creditor, liquidity ratios are more important than efficiency ratios.
(a) True
(b) False
Answer: (a)
(11) Low levels of net working capital decrease risks.
(a) True
(b) False
Answer: (b)
(12) The present value of an annuity is inversely related to future value of annuity.
(a) True
(b) False
Answer: (a)