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Mgt211 Final Term Solved Mcqs File

This document contains multiple choice questions (MCQs) for the MGT211 final term. It covers topics related to business, commerce, industry, companies, and management. Key points included are that commerce involves trade and aids to trade, GDP per capita measures productivity, the minimum members for a public limited company is 5, and cooperative societies aim to protect economically poor sections of society. The document encourages visiting Vurank for more questions to prepare for the final exam.

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0% found this document useful (0 votes)

166 views4 pages

Mgt211 Final Term Solved Mcqs File

Uploaded by

fajar araab

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

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MGT211 FINAL TERM SOLVED MCQs

(VISIT VURANK FOR MORE)

-------------- is the lifeblood of every business.

goods wealth

capital
buying

--------is connected with the production and preparation of goods and services.
business system
social process

industry

------------- is the second component of business.

commerce
industry primary
industry secondary
industry

Commerce can be----------------

trade aids to trade

trade and aids to trade

home trade

A good business person must have the knowledge about ---------- skills.
personal
technical
leadership decision
making

------------ separates the organization from its environment.

external environment
multiple environment
economic environment

organizational boundaries
Measure of ---------- by which we compare that how much a system can produce with the resources
needed to produce it purchasing selling
GDP per capital capital

Minimum members of public limited company should be

5
7
9
10

Cooperative society is set up to protect economically the -------- sections of the society.
Middle
Poor
Stable
Wealthy

Due to the absence of ----------- the performance of cooperative society is very poor.
Discipline
Experience
Capital
Profit incentive

----------- are the objectives that a business hopes and plan to achieve
Plans
Goals
Miss ion
SW OT analysis

In Private limited company minimum members can be 2 and maximum members should not exceed------
-
50
20
10
40

A p ublic company must have --------- basic legal document.

2
3
5
6
A n otice of annual general meeting should be sent to the shareholders at least-------- days before the
date of meeting.
15
30
21
51

Company must hold an annual general meeting of its shareholders -------in a year.
once
twice
thrice four
times

---------- skills are necessary to compete in a global environment.

Technical skills
Global management skills
Time management skills
Human relation skills

Skills used in understanding and getting along with people is ----------

Decision making skills
Technical skills
Human relation skills
Conceptual skills

------------- are responsible for the development. pricing, promotion and distribution of goods and services
Operation managers

Marketing managers
Information managers
Financial managers