Business and Technology MCQ Quiz - Objective Question with Answer for Business and Technology - Download Free PDF
Last updated on May 29, 2025
Latest Business and Technology MCQ Objective Questions
Business and Technology Question 1:
Which business structure is most flexible and informal, often used in startups?
Answer (Detailed Solution Below)
Business and Technology Question 1 Detailed Solution
The correct option is option 2
Additional Information:
- Flat organisations have few levels and promote direct communication.
- Flat structures are ideal for small, agile firms with less bureaucracy.
Business and Technology Question 2:
A tall structure with many levels of hierarchy is most likely to?
Answer (Detailed Solution Below)
Business and Technology Question 2 Detailed Solution
The correct option is option 4
Additional information:
- Tall structures often cause delay and inefficiencies in decision-making.
- Multiple layers require approvals, causing delays.
Business and Technology Question 3:
Which of the following is an advantage of a flat organisational structure?
Answer (Detailed Solution Below)
Business and Technology Question 3 Detailed Solution
The correct option is option 3
Additional Information:
- Flat structures simplify hierarchy, promoting faster communication.
- Fewer levels = quicker decisions and better teamwork.
Business and Technology Question 4:
Which structure is most likely to suit a multinational company producing many products in different regions?
Answer (Detailed Solution Below)
Business and Technology Question 4 Detailed Solution
The correct option is option 2
Additional Information:
- Divisional structures are organised by product lines, markets, or regions.
- Large firms benefit from separate control for each product or area.
Business and Technology Question 5:
In a functional organisational structure, departments are grouped by?
Answer (Detailed Solution Below)
Business and Technology Question 5 Detailed Solution
The correct option is option 4
Additional Information:
- Functional structures group employees by expertise or role.
- Common in small to medium-sized businesses.
Top Business and Technology MCQ Objective Questions
Business and Technology Question 6:
Which of the following is a key characteristic of a partnership?
Answer (Detailed Solution Below)
Business and Technology Question 6 Detailed Solution
The correct option is option 3
Additional Information:
In a traditional partnership, partners share profits, control, and responsibility, including liability.
Business and Technology Question 7:
Which of the following statements is/are true?
(1) An informal organisation exists within every formal organisation
(2) Objectives of the informal organisation are broadly the same the formal organisation
(3) A strong, close-knit informal organisation is desirable within the formal organisation
Answer (Detailed Solution Below)
Statement (1) only
Business and Technology Question 7 Detailed Solution
Correct Answer: A
Explanation:
Statement (2) is not true, because the informal organisation has its own agenda.
Statement (3) is not true, because a strong informal organisation with its own agenda can undermine the formal organisation: create damaging rumours, safety/quality shortcuts, distractions from task goals etc.
Business and Technology Question 8:
Which of the following is an advantage of a flat organisational structure?
Answer (Detailed Solution Below)
Business and Technology Question 8 Detailed Solution
The correct option is option 3
Additional Information:
- Flat structures simplify hierarchy, promoting faster communication.
- Fewer levels = quicker decisions and better teamwork.
Business and Technology Question 9:
Which of the following states the four cultural types identified by Handy?
Answer (Detailed Solution Below)
Business and Technology Question 9 Detailed Solution
Correct Answer: A
Explanation:
Resource, individualism, uncertainty, dynamism and bureaucratic are not cultural types per Handy.
Business and Technology Question 10:
Machine learning is an example of which of the following?
Answer (Detailed Solution Below)
Business and Technology Question 10 Detailed Solution
Correct Answer: A
Explanation:
Machine learning uses networks, statistics and operational research to identify insights in data without being programmed what to conclude and is an example of artificial intelligence.
Business and Technology Question 11:
Which of the following statements are true?
(1) With a shared service centre services are likely to be less tailored
(2) The IT function is commonly provided using shared service approach
(3) A shared service centre is not part of the organisation
Answer (Detailed Solution Below)
Statements (1) and (2) only
Business and Technology Question 11 Detailed Solution
Correct Answer: B
Explanation:
The shared service centre is created within the organisation and is a part of it, although its relationship is similar to that of an external service provider.
Business and Technology Question 12:
An organisation would consider offshoring its manufacturing operation in order to lower costs and gain access to skilled production labour.
Is this statement true or false?
Answer (Detailed Solution Below)
Business and Technology Question 12 Detailed Solution
Correct answer: A.
Explanation:
This is a true statement. Offshoring is a viable alternative if an organisation is attempting to reduce costs and/or seeking skilled labour.
Business and Technology Question 13:
In order to discharge their duties ethically, finance directors must ensure that the information published by their organisations provides a complete and precise view of the
position of the business, without concealing negative aspects that may distort the reader’s perception of its position.
This duty describes which of the following ethical principles?
Answer (Detailed Solution Below)
Business and Technology Question 13 Detailed Solution
The correct option is option 4
Additional Information:
A professional accountant acting in accordance with fundamental ethical principles is demonstrating objectivity when they give a complete and precise view, which by implication means that negative aspects should not be concealed or positive aspects accentuated.
Business and Technology Question 14:
Penny has recently placed some of his earnings into a scheme which is designed to reduce the amount of tax he pays to the Government. The scheme is legal, but a Government minister has described it as ‘frustrating the intentions of Parliament’. The scheme is therefore an example of:
Answer (Detailed Solution Below)
Business and Technology Question 14 Detailed Solution
The correct option is option 3
Additional Information:
- Tax evasion is illegal. Tax avoidance is used to describe schemes that frustrate the intentions of Parliament, while tax mitigation describes schemes that do not frustrate the intentions of Parliament.
Business and Technology Question 15:
BZ Ness Ltd is an organisation with a strongly traditional outlook. It is structured and managed according to classical principles: specialisation, the scalar chain of command, unity of command and direction.
Personnel tend to focus on their own distinct tasks, which are strictly defined and directed. Communication is vertical, rather than lateral. Discipline is much prized and enshrined in the rule book of the company.
From the scenario, what sort of culture does BZ Ness Ltd have, using Harrison’s classifications?
Answer (Detailed Solution Below)
Role culture
Business and Technology Question 15 Detailed Solution
Correct Answer: A
Explanation:
The role culture is a bureaucratic or mechanistic culture, as described in the scenario. Task culture is project-focused; existential culture is person-focused; and power culture is leader-focused.