Administrative Management represents the top level management pertaining thinking and planning functions.
1. Administrative Management
2.Operative management
3.Floor level management
4.Both A & B
Art of getting work done from others is known as
1.Planning
2.Organizing
3.Directing
4.Co-ordinating
Assertion (A) Business finance refers to the money required for carrying out business activities. Reason (R) Financing decisions involve careful selection of assets, in which funds are to be invested.
1.Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
2.Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
3.Assertion (A) is true, but Reason (R) is false
4.Assertion (A) is false, but Reason (R) is true
Assertion (A) Primary aim of financial management is to maximise shareholder’s wealth. Reason (R) Company’s funds belong to the shareholders and the return earned by them determines their market value and price.
1.Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
2. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
3. Assertion (A) is true, but Reason (R) is false
4.Assertion (A) is false, but Reason (R) is true
Assertion (A): Expenses on training are the investment for the future. Reason (R): Expenses on training makes employees able to complete their work in an efficient manner and give the benefit of specialization to the organization. Choose the correct option from the following:
1.A is correct but R is not the correct explanation of A.
2.A is correct and R is the correct explanation of A.
3. Only A is correct, R is incorrect.
4. Both A and R is incorrect.
Avik is the finance manager of Mars Ltd. In the current year, the company earned high profits. However, Avik thinks that it is better to declare a smaller dividend as he is unsure about the earning potential of the company in the coming years. Avik’s choice of dividend decision is based on which of the factor affects it?
1.Amount of earnings
2. Stability in earnings
3.Stability of dividends
4. Growth opportunities
Bharti Ltd. is a leading mobile company. It is planning to acquire Queen Ltd. (its close competitor) business worth `1,000 crores. Which financial decision is involved in it?
1.Investment
2.Financing
3.Dividend
4. None of these
Current assets are those assets that get converted into cash:
1.Within six months
2.Within one year
3.Between one and three years
4.Between three and five years
Debts financing is better than equity if
1.Company has a strong cash flow
2.Company has a weak cash flow
3.Cash flow position does not matter
4.None of the above
Financial planning arrives at :
1.Minimising external borrowing by resorting to equity issues
2.Entering that the firm always have significantly more fund than required so that there is no paucity of funds
3.Ensuring that the firm faces neither a shortage nor a glut of unusable funds.
4.Doing only what is possible with the funds that the firm has at its Disposal
Financial risk of a company increases because of
1.High operating cost
2.High fixed cost charges
3.High rate of dividends
4.High debt-equity ratio
Higher debt-equity ratio results in:
1.Lower financial risk
2.Higher degree of operating risk
3.Higher degree of financial risk
4.Higher EPS
How many levels of management are there?
1.One
2. Two
3.Three
4.Four
If planning is the brain of business then what is organization?
1.Heart
2.Limbs
3.Structure
4.Blood
Long-term investment decisions are also called as
1.Working capital decisions
2.Capital budgeting decisions
3.Dividend decision
4.Financing decisions
Management is ________ in order to create a surplus.
1. an art
2.a science
3. both A & B
4.None of these
Management satisfies ______ characteristics of a profession.
1.few
2.many
3.all
4.zero
Management skills applies to managers at _____
1.Middle levels in an organization
2.Top levels in an organization
3. Executive levels in an organization
4.All levels in an organization
Management _______________ in order to achieve the goals.
1.registers trademark
2. develops tactics
3.formulates strategies
4.outsources operations
Managerial skills involves _____
1. technical skills
2.human skills
3.conceptual skills
4.all of the above
MOST stands for ________
1.Machinery, Office, Staff and Technology
2.Mission, Objectives, Strategies and Tactics
3.Maximum Output Strategy Tools
4.Manager, Operator, Seller and Trader
Other things remaining the same, an increase in the tax rate on corporate profits will:
1.Make the debt relatively cheaper
2.Make the debt relatively dearer
3.Have no impact on the cost of debt
4. We can’t say
Planning is about deciding in advance what should be done.
1.organising
2.directing
3.planning
4.controlling
The book “The Psychology of management” was published by
1.William Gilbreth
2.Hendry Fayol
3. F.W.Taylor
4. Robert Owen
The cheapest source of finance is:
1.Debenture
2. Equity share capital
3. Preference shares
4.Retained earnings
The most significant management skills are ________
1.Technical, Human and Conceptual
2. Technical, behavioural and Conceptual
3.Systematic, Human and Conceptual
4.Technical, Human and cognitive
VNG Agro Food Ltd. is a famous multinational company. Mr. SK Nagi is its finance manager. He is trying to increase the market value of capital invested by the equity shareholders. He already knew it could be possible only when the price of the shares increases and the price of shares increases only if financing, investment, and dividend decisions are taken optimally. He did the same and achieved success. Which objective of financial management has been referred to here?
1.Maximizing the wealth of equity shareholders
2. Effective utilisation of funds
3.Ensures the safety of funds
4. Avoiding idle finance
What does management association frame for its own profession?
1.Inconsistency
2.Improper
3.Code of conduct
4.Decisions
What is the method that puts knowledge easily into practice called?C
1.Profession
2.Science
3.Art
4.Direction
What is the other name for bottom level management?
1.Functional level
2.Worker’s level
3.Policy making level
4.Officer’s level
What type of activity is management?
1.Universal
2.Inefficient
3.Defining objectives
4.Transparent
Which is NOT an informational role of manager?
1.Monitor’s role
2.Disturbance’s handler role
3. Disseminator’s role
4.spokesman’s role
Which of the following is not included in Human Resource Management?
1.Repairing and maintenance
2.Training and development
3.Promotion and transfer
4. Recruitment and selection
Which of the following is the function of marketing management?
1.Distribution of income
2.Production
3. Product-mix
4.Use of finance
Which of these is the purpose of recruitment?
1.Make sure that there is a match between cost and benefits
2.To attract potential employees with the necessary qualification
3.Help the firm to create the more culturally diverse workforce
4.Help the firm to recognize the caliber of every employee
Who among the following is not included in any of the level of management?
1.Supervisor
2.Jobber
3.Worker
4.Accountant
Who are included in top level management?
1.Experts
2.Workers
3. Departmental heads
4.Board of Directors
Workforce analysis is a part of
1.Workforce analysis is a part of
2.Selection process
3.Training and development process
4.estimation of manpower requirement
_ is the important interpersonal role of manager.
1.Leader role
2. Liaison role
3.Figurehead role
4.All of the above
___ is about grouping of jobs.
1.organising
2.directing
3.planning
4.controlling
____ is the basic reason for it’s existence.
1. The organizational vision
2.The organizational mission
3. The organizational objectives
4. The organizations CEO
_____ basically formulate the MOST.
1.Government
2.Managers
3.Workers
4.Trademark registrar
______ is called as father of scientific management
1.Elton Mayo
2. Hendry Fayol
3.F.W.Taylor
4.Robert Owen
__________ represents the lower level management covering execution and implementation functions.
1.Administrative Management
2.Operative management
3.Co-operative management
4. All of the above