Business Management Quiz

What does “Span of Control” refer to?

• Authority of top management

• Number of levels in hierarchy

• Number of subordinates under a manager

• Department size

Which of the following is an example of financial planning?

• Setting marketing targets

• Estimating working capital needs

• Hiring employees

• Making production plans

In which market are IPOs issued?

• Secondary market

• Bond market

• Primary market

• Derivatives market

Which principle of management deals with fair treatment?

• Discipline

• Equity

• Unity of Command

• Stability of tenure

Which one of the following is not a component of marketing mix?

• Product

• Price

• People

• Promotion

The process of comparing actual performance with standards is:

• Planning

• Controlling

• Coordinating

• Organising

Which of these is an example of capital market instrument?

• Treasury Bill

• Equity Share

• Commercial Paper

• Call Money

Which leadership style encourages full employee participation?

• Autocratic

• Democratic

• Laissez-faire

• Authoritarian

What is a channel of distribution?

• A medium of advertising

• A method of cost control

• A path for product flow

• A communication tool

Which department handles employee development?

• Finance

• HR

• Compliance

• Logistics