F1 - MCQ by Sir Fawad Mujahid, ACCA

F1 MCQ by Sir Fawad Mujahid, ACCA
Q-1} Organization owned or run by government is a Private Sector Organization. Is this Statement True or False? A B Q-2} TRUE FALSE
Non Profit Organizations have a primary goal to maximize profit. Is this Statement True or False? A B TRUE FALSE
Q-3}
A limited company has a separate legal __________ from its owners (shareholders). Which of the following word completes the above sentence? A B C D Profit Director Size Personality
Q-4}
A private companys Share Capital cannot be raised from? A B C D The founder Employer Institutional Investor Venture Capitalist
Q-5}
Which of the following statement is Not the advantage of Limited Companies? A B C D It reduces Risk for Investors No restrictions on number of Shareholders Shareholders need not get involved in operations There is no legal compliance cost
Q-6}
Co-operatives are business owned by their workers.
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Sir Fawad Mujahid, ACCA
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Is this Statement True or False? A B Q-7} TRUE FALSE
The characteristics of Public Sector does not include:A B C D They are accountable to the Parliament They can be funded through raising Taxes There is huge demand for public services Their goal is to maximize profit
Q-8}
A Non-governmental organization is an independent _________ association of people acting together for some common purpose. Which of the following word completes the above sentence? A B Voluntary Involuntary
Q-9}
Mintzberg analyzed all organizations into A B C D 4 Components 6 Components 5 Components 7 Components
Q-10} According to Mintzberg Operating Core manages the Organizations relationship with the environment. Is this Statement True or False? A B TRUE FALSE
Q-11} Which of the following is Not a Component of an Organization described by Mintzberg? A B Technostructure Operating Core
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C D Support Apex Middle Line
Q-12} Which of the following is not a advantage of Functional departmentation? A B C D Workers expertise is pooled It is suitable for centralized businesses It avoids duplication of work It creates no Vertical barriers to information
Q-13} Product departmentation advantages does not include A B Managers can be held for the profitability of individual products Different activities within an organization can be co-ordinated in order to make and sell products It creates technical expertise for the staff It does not increase the overhead cost
C D
Q-14} The strategic apex wishes to retain control over decision making and so exercises what Mintzberg describes as a pull to A B C D North South East Centralize
Q-15} Slower decision making due to the added complexity is a disadvantage of Matrix organization. Is this Statement True or False? A B TRUE FALSE
Q-16} Which of the following is not a part of Shamrock Organization A B Professional Core Self-employed Professionals
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C D Dedicated Directors Contingent Workforce
Q-17} Within the Shamrock Organization Professional Core does not consists of A B C D Professionals Managers Technicians Consumers
Q-18} Span of Control refers to the numbers of subordinates responsible to a superior. Is this Statement True or False? A B TRUE FALSE
Q-19} A tall organization implies a A B C D Narrow span of control Wide span of Control Broad span of Control Large span of Control
Q-20} A flat organization has a ____________ number of hierarchical levels. Which of the following word completes the above sentence? A B C D Large Small Outsized Huge
Q-21} Which of the following does not help in the process of delayering A B Empowerment Information Technology
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C D Cost Reduction Consumers
Q-22} Which of the following is not the aspect of Corporate Strategy A B C D Resources Values Environment Pricing
Q-23} Which of the following is not a Marketing function activity A B C D Promoting a product Devising Products Pricing Strategies New Products
Q-24} Which of the following is not a managerial activity classified by Robert Anthony A B C D Tactical Management Operational Management Classic Management Strategic Management
Q-25} In most organizations, task and people are grouped together in some rational way on the basis of specialization or shared technology. This is known as A B C D Technostructure Operating Core Departmentation Components
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F1 - MCQ by Sir Fawad Mujahid, ACCA

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F1 - MCQ by Sir Fawad Mujahid, ACCA

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F1 MCQ by Sir Fawad Mujahid, ACCA

Co-operatives are business owned by their workers.

Sir Fawad Mujahid, ACCA