FPSC PPSC CSS Business Administration Paper – 2005

1) Planning initiates other functions of management. True

2) Managements make things to happen. False

3) The ultimate criterion of control is the extent that activities are complete in ways that
lead to more profits. False

4) Computer Technology helps the management but does not replace the management.
True

5) Promotional mix is also known as communication mix. True

6) Marketing environment is made up of micro-environment and macro-environment.
True

7) Promotional mix is the part of marketing mix. False

8) Marketing strategy consists of specific strategy for target markets, positioning, the
marketing mix and marketing expenditure levels. True

9) A Financial manager has a full control over its firm‟s stock price. False

10) Liquidity ratios measure a firm‟s ability to meet short term obligations. True

11) The internal rate of return method is the most widely used capital budgeting techniques.
False

12) Stock exchange facilitates investment in real assets by providing secondary market to the
financial securities. False

13) The organizing function of management includes:

A. How tasks to be grouped.
B. Conflict resolution among sub-ordinates.
C. Comparison of actual results with a budget.
D. Definition of organization‟s goals.

14) The key to motivating today‟s diversified work force lies in:

A. Creativity
B. Goal setting
C. Support
D. Flexibility

15) Control should be placed:

A. Where they are cost-effective
B. On all activities
C. Where there are problem areas
D. On the single most important

16) The marketing logic by which the business unit hopes to achieve its marketing objective is
called:

A. Business strategy
B. Marketing strategy
C. Production & distribution strategy
D. All of these

17) Strategic planning is the process of developing a formal strategy for:

A. Identifying clear objectives
B. Long run survival & growth
C. Continuity & Consistency
D. All of these

18) Who are the true owners of Corporation?

A. Debt holder
B. Common stock holders
C. Managers of the firm
D. Board of directors

19) What does an efficient port folio provide?

A. Highest return for a given amount of risk
B. Least risk for a given level of return
C. Highest possible return and least amount of risk
D. Both ‘a’ and ‘b’

20) The economic order quaintly EOQ) increases when which of the following increases?

A. Sales
B. Ordering costs
C. Carrying costs
D. Both „a‟ and „b‟