Objective Questions in Business Management S.S. Kaptan Professor and Head Dept. of Business Administration and Management Amravati University, Amravati RG. Ashtikar Associate Professor & Coordinator M.B.A. Dept. RS, Munéle Dharampeth Arts & Commerce College, Nagpur Sarup & Sons Delhi-1 10002Preface Objective Questions in Business Management is a unique collection of multiple choice questions on various aspects of business management and commerce. It covers wide areas of learning and has touched almost all important functional aspects of business management, economics as well as accounting. ‘The book will prove a good reservoir of information as to how to prepare for competitive examinations like N.E.T. (National Eligibility Test) SET (State Eligibility Test) and many other competitive examinations. The simple language and relevant choices make the book a unique ready reference to prepare for competitive examination. The authors tried to maintain a particular order and system in selecting various subjects and questions of high importance. The students appearing for post-graduate courses like M.Com., M.B.A. and other graduate level examinations will also find this book a good addition for their ready reference. It makes an essential reading for every teacher of Business Management and Commerce.|. What is bearers share? (a) Share Warrant ()_ Share Certificate (©) Bond (d)_ Preference Share. What is dividend mandate? (a) Dividend to be deposited in account on request of shareholders (b) A dividend declared by a company due to Court’s order (©) Aminimum assured dividend (d) A dividend paid in kind. 3. What is a consumer want? (@) Goods for which consumer is willing and able to pay (b) Consumer's desires to buy a commodity (©) A desire for luxury items (d)Anorder placed by a buyer. |. What are the consumer goods? (a) All goods other than free goods used to satisfy consumer wants (©) Convinience goods (c) Luxury goods (d) Goods regularly consumed by consumers. ;. What is an utility of a commodity? (a) Want satisfying capacity (b) Direct benefit (©) Creative value. (a) Anattribute What is aim of production activity? (a) Toearn profit (b) Tomake money (©) Toconvert materials into goods (@) Tocreat market. The concept of elasticity of demand is given'by— (a) Alfred Markshal ~——(b)-Pigou (©) Kenes (@)_J.M.Clark.