Multiple Choice Questions (MCQs)
Business may be define as an economic activity undertaken with a motive of earning profit by satisfying human needs in society. The term economic activity includes the activities with the motive of:
Total income of the country/Total population is the formula to calculate.
Which of the following can be categorized as opportunity for an organization?
A distribution channel represents the path of a product from a producer to:
In what type of business,there is easiest dissolution?
Competitor analysis is discussed under the following part?
Which of the following is a correct formula to get the per capita income?
Which of the partner who does not take part in the management of the business but is known to the public?
Which of the following factor(s) contribute to success of new businesses.
DSS stands for:
It is difficult to transfer the rights of ownership in?
Which of the following issues the initial public offering (IPO)?
An agreement between two parties in which one party passes on the right to other party is called:
Statutory meeting must be held within ________ of the commencement of the business.
The two major sources of raising funds or financing a business are:
Sole proprietorship always enjoys:
Which of the following is an example of genetic industry?
Which of the following is the growth rate of GDP, adjusted for infiation and changes in the value of country's currency?
Which one of the following is NOT a type of business organization?
All of the following fall in the category of "business" except:
What is mean by global organization?
Which of the following have powers of decisions making in Joint Stock Company?
Which of the following Selection devices are based upon physical condition of the candidates:
Concessions provided by a country to its producers in order to protect economy?
A written statement of what a job holder does, how a job is done, and why a job is done is a_______:
Which of the following are the functions of management?
Goods produce domestically and sold in some other country is called:
In which economy, the government decides that how many resources have to be generated and how the resources should be allocated?
A form designed by the employer for the prospective employee to fill it out is called?
Franchisors like franchising because:
Franchiser gets a large amount of mony from franshisee as ________ while using its name.
In democratic style of leadership there is:
In which type of Needs, Organizations encourage informal organizational activities. For example, combined lunch or dinner, Sports, Fun fair, Musical Programs etc.
Those who invest in joint stock companies is called:
Which of the following condition must be fulfilled to obtain the "Certificate of commencement"?
Which of the following is included in a economic factors?
A major disadvantage of the corporate form of organization is the ________.
Which of the following can be the wearkness of an organization?
The activities that are undertaken for personal satisfaction and not to earn profit or income are known as ________.
Which of the following is not the disadvantage of cooperative society?
Which of the following is not the objective of the Directors' meeting?
A document that contains the terms and conditions of the business
Employees' tendency to leave the job in an organization is called ________.
Marketing should begin with _______.
The law relating to joint stock company has been laid in Companies Ordinence, 1984 which came into force on ________ in Pakistan.
Which of the following is not an example of non-profit making organization?
which mode of the business is formed when several business concern undertaking units are combined to carry on the business together for achieving the economic benefits?
Job Enrichment:
A part of organization that requires separate planning is called ________.
Which of the following enjoys limited liability?
Which of the following managers are responsible for hiring and training of employees?
Which one of the following statements about marketing is inaccurate?
Those countries where people are earning below US $ 765 are known as:
Which of the following factor(s) contribute to failures of new businesses.
Which of the following is NOT an aspect to purchase a franchise business?
________ are the government taxes on imports that raise the price of foreign goods and make them less competitive with domestic goods.
The word "limited" at the end of the company name means:
The law relating to stock companies has been laid in companies Ordinence?
In which leadership style, there will be downward communication only.
Sellers feel the needs of an organized institution that coordinates all activities related to sales in ________ .
Which of the meetings is held only once in the life of a public company?
Annual General Meeting is the meeting of the company that held
Dividing the market on the basis of area, climate and cultural values is called?
Filling out the vacant positions is called ______.
In franchising, all of the following are the rights of franchisee except:
________ is one who has invested the maximum amount in the business?
________ describes life time objectives of the organization.
The method of interviews where questions can be changed or adapted to meet the respondent's intelligence and understanding is called:
First meeting of the members of public limited company is known as:
Enviromental forces that are controllable are called?
Which of the following statement is true for the World Trade Organization (WTO):
________ are paid for short term period, e.g. for a day or for an hour or on the basis of units completed.
Sources of marketing information are categorized into two groups - what are they?
The first annual general meeting should be held with the ________ of incorporation of a company.
Which of the following is NOT the characteristic of a business?
________ is no liable for the debt of the partnership business.
Who signs the documents on behalf of the joint stock company?
Which types of organizations have expertise in selecting people for the job?
Decision about activities performed by the workers is called
A document containing information regarding internal and external matters of the business is called:
Those countries where people are earning below US $765?
Which of the following is not the example of primary industry?
Election of directors and appointment of auditors is the objectives of ________.
Limit imposed by one country or importing commodities from another country?
To get a product that is up to the expectations of the customers comes under consumerism.
A document that contains rules and regulations of the company.
The marketing activity of dividing market into smaller units with similar needs and characteristics is known as:
Which of the following is included in a business plan:
Which theory describes that behavior can be encouraged or discouraged by means of rewards or punishments?
The relationship between persons who have agreed to share the profit of a business carried on by all or any of them acting for all is called:
All of the following personal characteristics are found in an entrepreneur except:
Which of the following documents contains the name and address of joint stock company?
All of the following are the main features of a comparative form of organization, EXCEPT:
In which approach of marketing: unstatisfied needs of the customers are satisfied?
All of the following is the barrier of international trade, Except:
Statutory report must be sent to the shareholder before meeting that is certified by at least:
For a private limited company, minimum numbrer of members are ________.
Profit distributed among shareholders is called _______.
The notice calling the ammual general meeting, must be given to all its members at least ________ days before the date of the meeting.
The first time issuance of share is held in the:
________ meeting is the first meeting after commencenent of business.
A sole proprietorship business may have:
________ meeting must be held at least once in three months and at least four times in a year.
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