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Business Administration Paper – 2002

Q1. Which one of the following statement is correct?

(a) Decisions in public organizations emphasize political priorities, while decisions in
business organizations are rational and apolitical.
(b) Public decisions makers, in contracts to their business counter parts are constrained by
administrative procedure that limit managerial authority and autonomy.
(c) It is hard to get high performance out of government employees because, compared to their
business counterparts they are logy, more security oriented and less motivated.
(d) None of the above is true.

Q2. Who has written the famous book “Principles of Scientific Management”?

(a) Eltca Mayo
(b) Henls Fayol
(c) Fredric Taylor
(d) Maw weber
(e) None of These

Q3. Which one of the following cannot be consider as an important dimension on which nation‟s
culture differ?

(a) Individualism Vs Collectivism
(b) Power Distance
(c) Uncertainty Avoidance
(d) Economic development

Q4. Market penetration pricing strategy can be pursued in price sensitive market?

(a) True
(b) False

Q5. A Product can have a combination of physical product and service

(a) True
(b) False

Q6. Vertical marketing System is integration of manufacturing and marketing activities

(a) True
(b) False

Q7. Distribution of free product samples is part of publicity

(a) True
(b) False

Q8. Which one of the following is not the part of marketing Mix?

(a) Advertising
(b) Personel Selling
(c) Publicity
(d) Sales promotion
(e) None of the above is the part of martikng mix

Q9. Which one of the following is not the part of product attributes?

(a) Quality
(b) Positioning
(c) Brand
(d) Packaging
(e) None of the above

Q10. Under the monopolistic combination, market consist of few sellers who are highly sensitive
to each other‟s pricing and marketing strategies

(a) True
(b) False

Q11: Which of the following statements is not part of theory ‘X’ assumptions?

(a) Decisions are made in participative manner
(b) Employees inherently dislike work
(c) Employees must be coerced to achieve goals
(d) Employees tend to avoid responsibilities

Q12: Which of the following statement is not true?
(a) Planning that proves inaccurate is a waste of management time
(b) Planning can eliminate change
(c) Planning reduces flexibility
(d) None of these

Q13: Which of the following sources of power is dependent on authority?

(a) Legitimate power
(b) Coercive power
(c) Expert power
(d) Referent power
(e) None of the above

Q14: Deciding whether to record a sale when order for services is received or when the services
are performed is an example of a

(a) Classification issue
(b) Recognition issue
(c) Valuation issue
(d) None of these

Q15: Payment for a two year insurance policy (in advance) is debit to

(a) Unexpired insurance
(b) Cash
(c) Insurance expense
(d) Expired insurance

Q16: Which of the following is an important reason for studying accounting?
(a) Accounting information is useful in making economic decisions
(b) Accounting plays an important role in society
(c) The study of accounting can lead to a challenging career
(d) None of the above
Q17: If a company has liability of 19,000 and owner’s equity of 57,000 its assets are (a)
38,000
(b) 57,000
(c) 76,000
(d) 19,000

Q18: Transactions are initially recorded in the

(a) Books of Final Entry
(b) Books of original entry
(c) T accounts
(d) Accounting equation

Q19: The term Hybrid Security is used for

(a) Common Stock
(b) Defferred Stock
(c) Preferred Stock
(d) None of the above

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