Business Administration Paper – 2006 Solved MCQs NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. 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)