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BUS105 EXAM PRACTICE QUESTIONS AND TMA SOLUTIONS

BUS106 EXAM PRACTICE QUESTIONS AND TMA SOLUTION
CBT Exam Practice Question and TMA Solutions

BUS105 EXAM PRACTICE QUESTIONS AND TMA SOLUTIONS

TUTOR AYO

EXAM PRACTICE QUESTIONS

GST105 

1. one of the most important activities of human beings is …………

a) organization

b) managing

c) controlling

d) management

 

2. All resources have values and the values are always expressed in monetary …………

 

a) terms

b) value

c) worth

d) form

 

3. ……….  is aimed at calculating or predicting what is likely going to happen in the future.

 a) Decision making

b) Forecasting

c) Timing

d) Imagination

 

4. A good………. commands not only the focus of management, but also management action

 a) manager

b) leader

c) information

d) objective

5. We have stressed the fact that a manager should not be given ……….

without the commensurate authority

a) wages

b) allowance

c) responsibility

d) authority

6. Planning is defined as the design of a desired future and of effective and

efficient ……… of bringing it about.

a) method

b) reason

c) idea

d) ways

7. which of this is not a condition of organizing

 a) The manager must determine

b) The first condition is that there must be objective.

c) be a clear idea concerning the activities or the duties that must be perform

d) The third condition is the authority that the person occupying a position

8. Forecasting is aimed at calculating or predicting what is likely going to happen in the future

a) organization

b) company

c) future

d) market place

9. This necessitates finding customers/clients who will agree to accept the product or service at a price

Ans: selling 

10. The ………… Department performs planning for and measuring production progress

a) chairman

b) staff

c) manager

d) personnel

 

11. Centralization of authority is one source while decentralization is the spreading of authority take decisions down the organization line.

a) market

b) product

c) decisions

d) organizations

 

12. Management applies to any kind of …………

a) business

b) company

c) product

d) organization

 

13. ……… defined management as getting things done through the efforts of others.

ANS: Sir Reynolds

 

 

14. Which of these is a type of objectives

a) Short-term Objective

b) Middle term Objective

c) Long-term Objective

d) All of the above

15. ………… is the ability to work with people

a) Human skills

b) Human ability

c) Human power

d) Human brain

 

16. To spend organization’s resources on ………… projects does not indicate sound management

 

a) profitable

b) unprofitable

c) company

d) local

 

17. Production is to add ……… to goods or services.

 

a) value

b) more

c) price

d) utility

 

 

18. The application of principles is what is referred to as ………

 

ANS: art

 

19. The word management can also be used to separate a special class of people in an organization from other classes

 

TRUE or FALSE

 

20. ……….. is the ability to solve problems in ways that will benefit the

Organization

 

a) Designing skills

b) Planning

c) Conceptual skill

d) Human skill

 

21. The word “Administration” concerns the ……… down of policies

 

a) putting

b) setting

c) laying

d) none of the above

 

 

 

22. ……….. the ability to see the big picture of the end in view (objective) of

where you are going.

 

a) Human skill

b) Conceptual skill

c) Designing skill

d) Decision making

 

23. ……….. involves raising funds, safeguarding the funds against waste and expending the funds in a manner that will maximize the objectives of the organization.

 

a) Financing

b) Donation

c) Giving

d) Bank loan

 

24. The authority to take action and make decisions is known as

 

a) Staff relationship

b) Line relationship

c) Decision making

d) Liberty

 

 

 

 

25. Departmentation by geographical area ensures that all activities in a geographic area or territory are grouped and assigned to a manager who has other staff working under him

 

TRUE / FALSE 

 

 

26. Another name for conceptual skill is ………

 

a) designing skill or the skills of visualization

b) human skill

c) conceptual skill

d) production skill

 

27. Centralization of authority is a rare case because absolute centralization means that there is no …………

a) payment

b) organization

c) manager

d) authority

 

28. Consequently, when you are making use of organizational resources, you are spending

 

a) time

b) resources

c) effort

d) money

 

29. fixed cost plus the variable cost that give you ……….

a) variable cost

b) total cost

c) fixed cost

d) marginal cost

 

 

 

30. The …………. is the cost you pay for machine, erecting buildings

 

Ans. fixed cost

 

 

 

31. The aim of all managers whether a senior manager or a junior one is made …………

 

a) name

b) fame

c) surplus/profit

d) heaven

 

32. ………. and ……… always go together and they cannot be Separated

 

a) Manager and staff

b) Manager and company

c) Human and behavior

d) Authority and responsibility

 

33. ………. is the process that measures current performance and guides it toward the accomplishment of some objective

 

a) Controlling

b) Leadership

c) Bossing

d) Monitoring

 

34.  One advantages of tall shaped structure necessary in a situation where a subordinate is new is ………

 

ANS: close supervision

 

35. The ………. on his own interest will regard management as employing suitably qualified candidates to fill existing vacancies

 

a) company

b) management

c) personnel manager

d) human resource

 

 

36. Span of control is simply the desirable member of subordinates that reports to the ……….

 

a) managing director

b) manager

c) admin

d) security

 

 

37. Technology is simply the manner of doing something to get the desired output.

TRUE / FALSE

 

38. ………… either by oral or written in a flat-shaped structured, superior officers must delegate

 

a) Statement

b) Word

c) Language

d) Communication

 

39. After a period of continuous observation, the next ………. is to classify the facts so as to be able to analyze them objectively

a) action

b) stage

c) step

d) thing

40.  all but 0ne are the Criteria for Drawing a Chart

 

a) Position

b) Heads

c) Lines of communication

d) All of the above

 

41.   The environment of management is never ………

 

a) change

b) static

c) improve

d) moved

42. Candidates judged to meet the recruitment of the job are selected and placed on the job they have applied for is known as ……

 

a) selection

b) choosing

c) placement

d) position

 

43.  Being given authority without the corresponding responsibility is …….

ANS: dangerous

 

44. …….. is anything that interferes with good communication.

 

a) Language

b) Song

c) Noise

d) Distance

 

45. A situation where few subordinates report to a manager is known as

 

ANS: Narrow span of control 

 

46. To ………  organization’s resources on unprofitable projects does not indicate sound management

 

a) waste

b) spend

c) misused

d) manage

 

 

47. Close control ……… that the manager looks at the work of the subordinate and companies that output again the standard that has been set.

 

a) supply

b) communication

c) demand

d) none of the above

 

48. Financial department carry out the following except

 

a) costing

b) financial accounting

c) records

d) pricing

 

 

 

 

49. The organizational charts indicate the formal n organizational relationships among ……….

 

a) board of director

b) staffs

c) marketers

d) executives

50.  Off the job training where the employee ……., the organization

to undergo the training.

a) leaves

b) join

c) involve

d) separate

 

51. While going for an/a ………… the candidates bring the original of the

credentials he claims to posses

 

a) meeting

b) conference

c) interview

d) examination

 

52.  The desirable member of subordinates that reports to the manager is known as ………….

ANS: Span of control 

53. ….……… training is where a person learns some technical skills within a defined period of time.

a) Apprenticeship

b) Staff

c) Business

d) Home

 

 

 

54. A ……… is a guide to action and provides the direction that all organizational efforts will follow

 

a) organization

b) promotion

c) policy

d) plan

 

55. An objective should be targeted at specific action.

TRUE / FALSE

 

 

56. An objective should be targeted at specific ………

 

a) result

b) behavior

c) area

d) design

 

 

 

57.  A good objective commands not only the focus of management but also ………… action

ANS: management

 

58. Government policies determine business practices and investment

 

TRUE /FALSE

 

59. Social environment concerns the norms, tastes, and habit of the target population in the …………

a) state

b) country

c) community

d) area

 

 

60. Sir Reynolds defined management as getting things done through the efforts of …………

 

a) human

b) staff

c) machine

d) others

61. The accountant will like to see management in terms of ………

 

a) cash sales

b) cash deposit

c) cash flow

d) cash discount

 

 

62. ……………. is aimed at calculating or predicting what is likely going to happen in the future.

 

a) Forecasting

b) Planning

c) Decision making

d) Management

 

63. An objective should be targeted at specific ……….

 

a) action

b) customer

c) result

d) skills

 

64. Technical ……… form the knowledge of and proficiency in activities involving methods, procedures and processes.

 

a) skills

b) result

c) action

d) customer

 

65. The environment of management is a/an ………. One

 

a) effective

b) noisy

c) dynamic

d) upgraded

 

66. when you are making use of organizational resources, you are spending money.

 

TRUE / FALSE

 

67. A ………………… which is a social system has its roles deliberately created so that the objectives of the organization can be achieved organization and informal organization.

 

ANS: formal organization

 

68. ……….. departmentation is the identification of necessary activities for the production and sales of product

 

a) Manager

b) Product

c) Sales

d) Items

 

69. In the process of planning in an organization ………. is being made

 

a) plan

b) action

c) discussion

d) decision

 

70. Committing mistakes along the line in the process of taking ……… can be fatal.

 

a) action

b) plan

c) decisions

d) orders

 

71. A flat-shaped structured limit to the activities a manager has to ………

 

ANS: perform

 

72. After a period of continuous observation, the next stage is to classify the facts so as to be able to analyze them objectively

TRUE / FALSE

 

73. scientists then look at them so as to find some cause and effects which they believe to be false

 

TRUE /FALSE

 

74.  ……………. refers to the right which an individual or department has through the process of delegation to control specified processes, practices or other matters relating to activities in other departments.

 

ANS: Functional authority

 

75. ………… means getting raw materials and transforming them into finished products or taking an idea and using it as a basis for providing service to others

 

a) Production

b) Manufacturing

c) Productivity

d) Transformation

 

76. the mind of man is like a ……… box

 

a) blue

b) green

c) white

d) black

 

77. Confusion sometimes ……. the terms line and staff departments

 

a) follow

b) allow

c) determine

d) support

 

78. Being given authority without the corresponding responsibility is …….

 

a) good

b) dangerous

c) none of the above

d) all of the above

 

 

79.  Organization Charts and manuals do not guarantee …….  Management

 

a) better

b) good

c) best

d) none of the above

 

80. ………. is simply the manner of doing something to get a desired

output.

 

a) Behavior

b) Understanding

c) Technology

d) Work

 

81. It is the responsibility of the board to fashion out what should be the policy of an organization

 

TRUE / FALSE

 

82.  Interview is used inter changeably with ……….

 

ANS: selection

 

 

83. ……………… is used to mean the granting of right and approval from a superior source to a subordinate to function within prescribed limits.

ANS: Delegation of authority

 

84. After planning and organizing, ………. takes place.

 

a) marketing

b) controlling

c) managing

d) selling

 

85.  Centralization of authority is one source while decentralization is the spreading of authority take decisions down the organization ……

 

a) goal

b) achievement

c) line

d) plan

 

86. ……………. involves a written report which is based on job analysis.

 

ANS: Job description

 

87. Management is a word used by different ……… with varying meanings

 

a) philosophers

b) marketers

c) managers

d) people

 

88. The variable cost as the name implies, vary with the quantity that you are ………

 

a) marketing

b) buying

c) selling

d) producing

 

89. The point, simply put, where revenue is equal to the amount of money being spent is known as ……

 

ANS: break-even point

 

 

 

 

90. Management is important to any ……… in an organization

 

a) state

b) position

c) level

d) terms

 

91. Necessary in a situation where a subordinate is new on the job and can easily make ………. that can be fatal to the organization.

 

ANS: mistakes

 

92. whatever position you find yourself in an organization, you will feel the presence of …………

 

a) God

b) boss

c) staff

d) management

 

 

93. The management function of staffing is defined as filling and keeping filled, positions created in the organization venture.

 

TRUE / FALSE

 

 

94. Management has importance because there are core ……. associated with it.

 

a) values

b) important

c) advantages

d) plan

 

 

95. The personnel manager on his own interest will regard management as employing suitably qualified ………. to fill existing vacancies

 

a) staff

b) members

c) candidates

d) person

 

96. Managing is concerned with ………  main types of cost

 

a) one

b) three

c) four

d) two

97.  ……… is another management function which is futuristic.

 

ANS: Planning

 

98. …………  is breaking down of the main content of a job

 

a) Selection

b) Division

c) Job analysis

d) All of the above

 

99.   Span of control is simply the desirable member of subordinates that reports to the ……….

 

a) manager

b) admin

c) security

d) board of director

 

100. Job specification, is to specify what manner of a man or woman that can reasonably perform the task that has been analyzed and described.

 

TRUE / FALSE 

 

 

 

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