Unit 01 : Understanding an Organisation 1. What is an organisation? a) A group of people working independently b) A group of people working together to achieve common goals c) A random collection of individuals d) A legal entity only Answer: b 2. Which of the following is a characteristic of an organisation? a) Lack … Read more
Unit 01 – Basic Principles of Communication Communication is the process of: a) Transferring information and understanding from one person to another b) Speaking and listening only c) Writing and reading only d) Sending messages without feedback Answer: a The main purpose of communication is: a) Entertainment b) Exchange of ideas and information c) Generating … Read more
Unit 01 : Introduction to Statistics 1. What is Statistics? The study of the Earth’s structure. The study of human behavior. The science of collecting, organizing, analyzing, and interpreting data. None of the above.Answer: 3 2. What are the two main types of Statistics? Quantitative and Qualitative. Descriptive and Inferential. Experimental and Observational. Mathematical and … Read more
Unit 01: Introduction to Financial Accounting 1. What is the primary purpose of financial accounting? A) To prepare budgets B) To provide information to internal users C) To provide financial information to external users D) To manage daily business operations Answer: C 2. Which of the following is NOT a characteristic of financial accounting? A) … Read more
Unit 1: Meaning and Importance of Managerial Economics A) Basic Concepts Managerial Economics is best defined as: A) Study of microeconomics only B) Application of economic theory to business management C) Analysis of the economy as a whole D) Study of government policies Answer: B The primary focus of Managerial Economics is on: A) Economic … Read more
Unit 1: Introduction to Human Resource Management 1. What is the primary objective of HRM? a) Increase productivity b) Maximize profit c) Manage human capital effectively d) Reduce operational costs (Correct answer: c) 2. Which of the following is not a function of HRM? a) Recruitment b) Marketing c) Training and development d) Compensation management … Read more
