MGT211 Quiz 3 Solution Download MGT211 Quiz 3 


 -------------- is the lifeblood of every business. goods wealth

 capital 

buying 


--------is connected with the production and preparation of goods and services.

 business system

social process 

industry


 ------------- is the second component of business.

 commerce industry 

primary industry 

secondary industry 


Commerce can be---------------- 

trade aids to trade

 trade and aids to trade 

home trade 


A good business person must have the knowledge about ---------- skills.

 personal 

technical

 leadership decision

 making 


------------ separates the organization from its environment. 

external environment

 multiple environment 

economic environment 

organizational boundaries 


Measure of ---------- by which we compare that how much a system can produce with the resources needed to produce it purchasing selling 

GDP per capital capital 


 Minimum members of public limited company should be 

9 

10

5

7


 

MGT211 Quiz 3 Solution Download MGT211 Quiz 3 


Cooperative society is set up to protect economically the -------- sections of the society.

 Middle

 Poor

 Stable 

Wealthy 


Due to the absence of ----------- the performance of cooperative society is very poor. 

Discipline

 Experience 

Capital

 Profit incentive


 ----------- are the objectives that a business hopes and

 plan to achieve 

Plans 

Goals 

SW OT analysis 

Mission  

In Private limited company minimum members can be 2 and maximum members should not exceed------ - 

50 

20

 10 

40


 A public company must have --------- basic legal document. 

2

 3

 5 

6 


A notice of annual general meeting should be sent to the shareholders at least-------- days before the date of meeting. 

15

 30

 21

 51


 Company must hold an annual general meeting of its shareholders -------in a year.

 once 

twice

 thrice

 four times 


MGT211 Quiz 3 Solution Download MGT211 Quiz 3 


---------- skills are necessary to compete in a global environment. 

Technical skills 

Global management skills 

Time management skills 


Human relation skills Skills used in understanding and getting along with people is ----------

 Decision making skills 

Technical skills

 Human relation skills


 Conceptual skills ------------- are responsible for the development. pricing, promotion and distribution of goods and services 

Operation managers 

Marketing managers 

Information managers 

Financial managers 


Commerce can be----------------

 trade aids to trade

 trade and aids to trade

 home tradE


 Measure of ---------- by which we compare that how much a system can produce with the resources needed to produce it purchasing selling 

GDP per capital capital 


Minimum members of public limited company should be 

5

 7

 9 

10 

MGT211 Quiz 3 Solution Download MGT211 Quiz 3 


Cooperative society is set up to protect economically the -------- sections of the society.

 Middle 

Poor 

Stable 

Wealthy