Business Management MCQs (Chapterwise Multiple Choice Questions)

Business leaders create wealth by ________.

Hiring employees in order to sell more units and generate more profit

Reducing their gross margins

Charging high prices to customers

Avoiding the cost of hiring employees

Answer & Explanation

Correct Answer: Hiring employees in order to sell more units and generate more profit

Note: This Question is unanswered, help us to find answer for this one

Complete the equation: monosaccharide + monosaccharide ______ + water

Disaccharide

Polypeptide

Polysaccharide

Fat

Answer & Explanation

Correct Answer: Disaccharide

Note: This Question is unanswered, help us to find answer for this one

The united states is a member of the ____, which is the successor to gatt.

International Court Of Justice

International Monetary Fund

World Trade Organization

North American Free Trade Agreement

Answer & Explanation

Correct Answer: World Trade Organization

Note: This Question is unanswered, help us to find answer for this one

__________ is a condition in which the price increases are slowing.

Disinflation

Perfect Competition

Cyclical

Frictional

Answer & Explanation

Correct Answer: Disinflation

Note: This Question is unanswered, help us to find answer for this one

Business rules are derived from ____.

A detailed description of an organization's operations

Standards and practices developed over the years

Managers' recommendations

Governmental oversight organization standards

Answer & Explanation

Correct Answer: A detailed description of an organization's operations

Note: This Question is unanswered, help us to find answer for this one

A dishwasher is an example of a(n) ________ good.

Convenience.

Shopping.

Specialty.

Unsought

Answer & Explanation

Correct Answer: Shopping.

Note: This Question is unanswered, help us to find answer for this one

Locating production facilities within regional markets is popular because ________.

Regional markets offer greater range of resources needed for production

Creating investment barriers to ensure domestic control of an industry

Requiring companies to divulge proprietary secrets

Allowing companies to remove profits earned in the domestic market

Answer & Explanation

Correct Answer: Regional markets offer greater range of resources needed for production

Note: This Question is unanswered, help us to find answer for this one

Wholesalers that perform the entire range of wholesaler functions are _____ wholesalers.

Full-service

General merchandise

Limited-line

None of these

Answer & Explanation

Correct Answer: Full-service

Note: This Question is unanswered, help us to find answer for this one

The downtime metric, ____________________, is also referred to as maximum acceptable data loss.

CPMT

After-action review

Statement of indemnification

Recovery Time Objectives

Answer & Explanation

Correct Answer: Recovery Time Objectives

Note: This Question is unanswered, help us to find answer for this one

A _____ is all the products offered by an organization.

Risk

Pull

Mix

Intensive

Answer & Explanation

Correct Answer: Mix

Note: This Question is unanswered, help us to find answer for this one

Business Management Quick Quiz

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Start Practicing with our MCQs given below.

MCQ on Business Plan	MCQ on Control Budget through management
MCQ on Ethics & Social Responsibility of management	MCQ on Franchising in small business
MCQ on Management used Scientific Method	MCQ on Managing Structural Organizations
MCQ on Managing Team Performance	MCQ on Managing as a Leaders
MCQ on Operations Management	MCQ on Strategic Management and Planning
General Business Management MCQs