Business Management Objective Type Questions, Complete List Of BM Tests

business management objective type questions

We have compiled a checklist of business management objective-type questions to suit the learning and preparation needs of everyone .

The content meets the need of both teachers and students setting exam questions or preparing for exams respectively.

Educareguide offers a service to help students and teachers with a Business Management Objective Type Questions catalog for teaching, learning, and business purposes.

If you are a student and you want to find a list of business management questions and answers, then educareguide is here for you.

Honestly, upon careful study of these practical business management questions and answers, you will be equipped with all the necessary knowledge and technique to pass your business management and administration exams paper.

Now, let’s look at the benefits of our list of business management questions for business management and administration teachers, tutors and lecturers.


Business Management Questions And Answers For Teachers, Tutors, And Lecturers

 Secondly, our detailed list of questions and answers in business management and administration helps teachers get already made business management past questions to choose from to sufficiently administer examination questions to students and pupils.

Thus, you do not need to worry your head and spend time to look for business management exams questions to ask your students at the Senior High School or university.

Rather bookmark our site, and there will always be an unlimited list and catalogue of management past questions you can choose from.


Business Management Questions And Answers For Businessmen And Business Women

If you are already managing a business as an owner or a CEO, you are not left out of our scope.

Indeed, we have a list of practical business situation problems and solutions for your benefit.

Thus bookmark our site, and you will have ready access to every answer for your business.

Also, you can contact me with your specific business questions, and I would be glad to give you a tailored solution for your enterprise or company.

Truly, the good news is that this is a free consultancy at work here on our website. We have a team of seasoned business executives who are on standby and willing to assist you every step of the way.

In addition to the above, our business management exam questions and answers serves the needs of all business students across the globe. 

Let’s find out some catalog of business management questions and answers below.


Choose from among the following A, B, C and D, the one that best answers the questions.


1. Which of the following is not a management function?

    1. Controlling
    2. Communication
    3. Planning
    4. Advertising


2. A person who is engaged in the formation of a company is known as

    1. An Organiser
    2. An initiator
    3. A promoter
    4. A director


3. The right to give orders and power to exact obedience is referred to as

    1. Authority
    2. Power
    3. Command
    4. Responsibility


4. A person who engages another to represent him/her and act in his/her name is referred to as

    1. A broker
    2. A principal
    3. An Agent
    4. An auctioneer


5. The association of two or more persons for the purpose of carrying on any business for profit is a

    1. Co-operative society
    2. Limited liability partnership
    3. Company
    4. Public corporation


6. When an agent is restored to his formal position for any loss incurred in the line of his duty, the compensation package is referred to as:

    1. Revocation
    2. Frustration
    3. Appropriation
    4. Indemnity


7. Decentralization in organization refers to

    1. A type of committee made up of senior management personnel such as managing directors.
    2. Proper arrangement of offices to ensure free movement of employees.
    3. Disposal of authority and power to ensure effective utilization of an organization’s resources.
    4. The recommendation to management on affairs of government.


8. Flat organizations have few authority levels and tend to be centralized with

    1. Narrow span of control
    2. Wide span of control
    3. Long chains of command
    4. Proper delegation of authority


9. Which of the following involves the assignment of managers to their subordinates?

    1. Controlling
    2. Planning
    3. Organizing
    4. Directing


10. In everyday business activities, the supervisor who issue instructions as to what should be done, how it should be done and when it should be done is

    1. Controlling
    2. Supervising
    3. Organizing
    4. Directing


11. The situation where a manager select one course of action from two or more alternative is known as

    1. Motivation
    2. Controlling
    3. Decision-making
    4. Performance


12. The process by which departments and branches are allowed to take decisions and implement them is

               known as

    1. Delegation
    2. Decentralization
    3. Departmentalization
    4. Centralization


13. Shareholders are the owners of a

    1. Company
    2. Sole proprietorship
    3. Co-operative societies
    4. Limited liability partnership


14. The private limited liability company differs from a public limited liability company because

    1. It declares dividends to shareholders.
    2. It has a separate entity.
    3. The liabilities of shareholders are limited.
    4. It has a limited number of shareholders.


More Business Management Questions And Answers

15. The introduction of a suggestion box in communication  is an example of

    1. Upward communication
    2. Downward communication
    3. Horizontal communication
    4. Diagonal communication


16. The process of transferring information from the sender to the receiver in an organization is termed

    1. Transportation
    2. Communication
    3. Advertisement
    4. Delegation


17. Which of the following is not an element of control?

    1. Measuring of performance against standards
    2. The means of delegating authority
    3. Taking corrective measures to rectify deviations
    4. Setting standards of performance


18. The day-to-day running of the affairs of a limited liability company is the responsibility of

    1. Shareholders
    2. Storage
    3. Recruitment
    4. Sales promotion


Use the following information to answer question 19.

      1. All partners may take part in the management of the firm.
      2. Interest must be paid on capital
      3. Profits or losses must be shared according to Capital
      4. Any loan by a partner must attract 5% interest.
      5. No new partner must be admitted without the consent of all other partners.


19. Which of the above are true of a partnership agreement?

    1. I, II and IV only
    2. I and III only
    3. II, III and V only
    4. II, IV and V only


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