Management 22509 MCQ for MSBTE Online Examination

In this post, we shared all the important Management 22509 MCQs for the MSBTE Online Examination. Multiple-choice questions for all chapters are given below.

The most important management questions are collected from the latest textbook for the MSBTE diploma.

Here are the first 30 multiple-choice questions (MCQs) from the uploaded Management PDF, including all options and the correct answers:

Business firm Produce and supply wide varieties of goods and _ required by the society.
A) Money
B) Services ✅
C) Entities
D) Social Service
The year 1991 is famous for:
A) New Fiscal deficit policy
B) IT parks initiated in Bangalore
C) Globalization policy, liberalization was accepted by India ✅
D) Policies of cooperative societies changed
The primary sector includes all of the following except:
A) Forestry
B) Manufacturing ✅
C) Mining
D) Agriculture
_ product comes under petrochemical industry.
A) Vehicles
B) Plastic ✅
C) Wood
D) Paper
Management causes:
A) Miss-communication
B) Wastage of resources
C) Miss-coordination
D) None of the above ✅
_ Skill is needed at the top level management.
A) Technical
B) Conceptual and technical
C) Conceptual ✅
D) Conceptual, Technical and human
_ is recruitment of right people at right place in an organization.
A) Planning
B) Organizing
C) Staffing ✅
D) Controlling
Policy making in an industry is a role of:
A) Management
B) Administration ✅
C) Public
D) Workers
Scientific management works on:
A) Research and experimentation ✅
B) Trial and error
C) More attention on production only
D) Tradition management theory
What is Espirit De Corps?
A) It is a function of management
B) It is a principle of management ✅
C) It is management concept in Russia
D) It is a name of company
The process of monitoring, comparing and correcting is called:
A) Coordinating
B) Controlling ✅
C) Leading
D) Organizing
A joint venture can be defined as:
A) Two firms collaborate with each other on a specific project
B) One firm licenses its intellectual property to another firm
C) Two firm merge together
D) Two firms come together to form a third, legally separate firm ✅
Grouping the activities or operations of an enterprise into various units is referred as:
A) Centralization
B) Departmentation ✅
C) Delegation
D) Communication
_ can be defined as running business by a single owner:
A) Proprietorship ✅
B) Partnership
C) Private limited
D) Public limited
Which are factors in which span of control depends?
A) Trained and experienced subordinates
B) Type of work
C) Capacity of executive or manager
D) All of the above ✅
Unlimited liability is present in:
A) Proprietorship
B) Partnership
C) Both a & b ✅
D) None of the above
“Achievement due to one will be shared by all others”, this happens in:
A) General partnership ✅
B) Limited partnership
C) Both a and b
D) None of the above
Factories Act came into force from:
A) 1948 ✅
B) 1949
C) 1976
D) 1st April 1949
VAT and sales tax falls under:
A) Indirect tax ✅
B) Service tax
C) Direct tax
D) All of the above
The necessity of industrial act is to protect the interests of:
A) Workers
B) Employers
C) A and B ✅
D) None of the above
Safety management deals with:
A) Loss of life
B) Personal injury
C) Damage to the equipment
D) Prevention of an accident ✅
Collapse of crane is a cause of accident, under which type of accident it comes?
A) Mechanical cause of accident ✅
B) Natural cause of accident
C) Human error
D) All of the above
Capital required by a company to purchase building for starting the company is called as:
A) Working capital
B) Fixed capital ✅
C) Loan
D) Dept
Variance report is the difference between outcome of the company:
A) Material cost and labor cost
B) Planned budget and actual budget ✅
C) Cash budget and fixed budget
D) Purchased budget and overhead budget
Which is input to MRP:
A) Master production schedule
B) Inventory record file
C) Bill of materials
D) All of the above ✅
Value added tax (VAT) is a tax on:
A) An employee earning
B) The organization profits
C) The investment earnings
D) Goods and services ✅
Internal source/s of finance is/are:
A) Deferred taxation
B) Shares
C) Debentures
D) All of the above ✅
According to which Act, a business is required to prepare a balance sheet?
A) Companies Act ✅
B) Factory Act
C) Environmental Act
D) None of the above
Which is part of material management:
A) Inventory Management ✅
B) Marketing Management
C) Both A & B
D) None
Which is not the feature of ERP:
A) Current forecasting
B) Bill of material
C) On hand inventory
D) All of the above ✅