Assalam O Alaikum Everyone

I have attempted the MCQ section of paper 2011 and expect to do the later ones as well according to availability.

These answers are my personal attempt and corrections are welcome.

2011
(PART-I MCQs) (COMPULSORY)
(i) Fredrick Winslow Taylor’s Principles of Scientific Management suggested the use of scientific methods
to define:
a) The easiest way of doing a job
b) The most complex way of doing a job
c) The best way of doing a job
d) None of these

(ii) The quantitative approach using quantitative techniques in Management is called:
a) Scientific Method
b) Operations Research
c) Quantitative Approach
d) None of these

(iii) The perspective that Managers are directly responsible for an organization’s success is known as:
a) Omnipotent view of management
b) Management orientation
c) Autocratic management
d) None of these

(iv) Effective Management decisions are:
a) Emotional
b) Based on lots of data
c) Rational (doubt)
d) None of these

(v) Breakeven Analysis is a useful technique for:
a) Reducing operating costs
b) Maximizing sales
c) Resource allocation
d) None of these

(vi) Recruitment helps:
a) Improve productivity of HR
b) Reduce number of employees
c) Improve labour relations
d) None of these

(vii) Grapevine is:
a. An office decoration plant
b. An information network
c. An official drink
d. None of these

(viii) Most important asset in an organization is:
a. Money
b. Plant and Machinery
c. Employees
d. None of these

(ix) Employees resist organizational change because it:
a. Reduces their compensation
b. Creates uncertainty
c. Puts more work on them
d. None of these

(x) Strictly observing Corporate Ethics is:
a. Not important in commercial organizations
b. Against the concept of profit maximization
c. An essential requirement of professional business management
d. None of these

(xi) According to Herzberg’s Motivation – Hygiene Theory, employee’s salary is:
a. Hygiene Factor
b. Motivating Factor
c. Employee’s Retention Factor
d. None of these

(xii) Who has the most power in Value Chain?
a. Suppliers
b. Distributors
c. Customers
d. None of these

(xiii) Marketing is:
a. Sales of goods and services
b. The range of services starting and ending with the customer
c. Sales planning and promotion
d. None of these

(xiv) Marketing Strategy is:
a. Activities focused to defeat competitors
b. Activities aimed at creating value and profitable relationship with customers
c. Activities for maximizing sales
d. None of these

(xv) Cost strategy means charging:
a. Highest price for products
b. Lowest price for products
c. Varying prices for products
d. None of these

(xvi) Branding is:
a. Not possible for services
b. Not very useful commercially
c. Useful for building product loyalty
d. None of these

(xvii) Creation of value in a business means:
a. Earning maximum profits
b. Promoting rapid growth in sales
c. Optimizing shareholder’s return in a company
d. None of these

(xviii) Price/Earnings Ratio of a company shows relationship between its:
a. Net profit and Sales
b. Gross profit and Net earnings
c. Market price of its share and Earnings per share
d. None of these

(xix) Free Cash Flows are:
a. Net after tax profit
b. Expected Revenues minus expected costs and capital expenditures
c. Cash in hand and in bank
d. None of these

(xx) Term interest earned is:
a. EBIT ÷ Interest on debt
b. Net profit ÷ Debt
c. Sales ÷ Interest Payable
d. None of these

I could not find MCQ section of 2012, 2014 or 2015

If any of the members have the above stated MCQ sections kindly post it in this thread.

Again this is my personal attempt and corrections are welcome


2013
PART - I (MCQS) ( COMPULSORY )
Q.1 (i) Select the best option and fill in the appropriate circle on the OMR answer sheet ( 20 * 1 = 20 )

1. what are the earning per share (EPS) for a company that earned $ 100,000 last year in the after-tax profits, has 200,000 common shares outstanding and $1.2 million in retained earning at the year end ?
(i) $ 100,000
(ii) $ 6.00
(iii) $ 0.50
(iv) $ 6.50

2. The decision function of financial management can be broken down into the decisions :
(a) financing and investment
(b) investment,financing & asset management
(c) financing and dividend
(d) capital budgeting, cash management and credit management.

3. You want to buy an ordinary annuity that will pay you $4000 a year for next 20 years. You expect annual interest rate will be 8 percent over that time period. the maximum price you would be willing to pay for the annuity closest to :
(a) $32,000
(b) $39,272 (doubt)
(c) $40,000
(d) $80,000

4. Which of the following would NOT improve the current ratio ?
(a) Borrow short term to finance additional fixed assets
(b) Issue long term debt to buy inventory
(c) sell common stock to reduce current liabilities
(d) sell fixed assets to reduce accounts payable

5. Alto industry has a debt to equity ratio of 1.6 compared with the industry average if 1.4. this means that the company :
(a) will not experience any difficulty with its creditors
(b) has less liquidity than other firms in industry'
(c) will be viewed as having high credit worthiness
(d) has greater than average financial risk when compared to other firms in industry.

6. According to the capital-asset pricing model (CAPM), a security's expected (required) return is equal to the risk free rate plus a premium :
(a) Equal to the security's beta
(b) based on the unsystematic risk of the security
(c) Based on the total risk of the security
(d) Based on the systematic risk of the security

7. " How people feel about corporations, government agencies, trade unions and universities " refers to which of the following views ?
(a) People's view of others
(b) People's view of societies
(c) People's view of themselves
(d) People's view of organizations

8. Gathering secondary information is one of the steps of developing the research plan. What does the meaning of secondary information in marketing research?
(a) That does not currently exist in an organized form.
(b) that already exist somewhere, having been collected for another purpose.
(c) that the researcher can obtain through surveys and observation.
(d) that already exist somewhere in an organized form.

9. which one of the following factor is NOT used for measuring the social class ?
(a) Income
(b) Number of children in family
(c) Occupation
(d) Education

10. which one of the following three-steps process represents "perception" ?
(a) Motivation, personality and attitudes
(b) Collecting, eliminating, and organizing information inputs.
(c) Receiving, organizing and interpreting information inputs.
(d) anticipating, classifying and discarding information inputs.

11. Demographic segmentation divides the market into groups based on which of the following variables?
a. size, location, industry, customer
b. size, company, industry, technology
c. location, size, occupation, race
d. customer, technology, industry, company

12. Which of the following are those products purchased for further processing or for use in conducting a business ?
a. Unsought products
b. specialty products
c. shopping products
d. industrial products

13. After concept testing, a firm would engage in which stage for developing and marketing a new product ?

a. Marketing strategy development
b. Business analysis
c. Product development
d. Test marketing


14. Fredrik Taylor advocated which of the following management principles?

a. Work and responsibility should be divided almost equally between management and workers.
b. workers should perform all work , while management should maintain responsibility for the work performed.
c. Managers should perform more work than workers, because managers are generally more skilled.
d. Workers can be highly productive even if they are randomly selected for a job.

15. General administrative theory focuses on ?

a. The entire organization.
b. Managers and administrators
c. The measurement of organizational design relationship.
d. Primarily the accounting function.

16. Bureaucracy is defined as a form of organization characterized by:
(a) Division of labor
(b) Clearly defined hierarchy
(c) Detailed rules and regulations
(d) All of these

17. The quantitative approach involves applications of:
(a) Statistics, information models, and computer simulations
(b) Psychology testing, focus groups, and mathematics
(c) Optimization models, interviews, and questionnaries
(d) Survey, strategic planning, and group problem solving

18. The Hawthorne Studies were initially devised to study:
(a) Productivity levels of groups versus individuals
(b) The effect of noise on employee productivity
(c) The effect of illumination levels on employee productivity
(d) The effect of cooperative versus competitive organizational environments on productivity

19. Which of the following is considered a systems input?
(a) Management activities
(b) Financial results
(c) Operations methods
(d) Raw materials

20. A manager who believes that no one set of principles applies equally to all work environments is most likely advocating which management approach?
(a) Contingency
(b) Workplace diversity
(c) Organizational behaviour
(d) Knowledge management