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)