1. Which of the following is a qualitative forecasting method?

a) Moving average
b) Delphi technique c) Exponential smoothing d) Regression analysis

2. Which motivational theory proposes that people are motivated by an

equitable reward system? a) Expectancy Theory b) Equity Theory c) Goal-
Setting Theory d) Reinforcement Theory

3. What is the primary objective of human resource management? a) Maximizing

profits b) Improving employee performance c) Enhancing product quality d)
Increasing market share

4. Who developed the Five Forces Model? a) Henry Mintzberg b) Peter Drucker
c) Michael Porter d) Frederick Taylor

5. Which of the following is not a component of the marketing mix? a) Product

b) Price c) Place d) Position

6. What is a Gantt chart primarily used for? a) Resource allocation b) Project

scheduling c) Budgeting d) Performance evaluation

7. Which theory suggests that employees are motivated by a hierarchy of needs?

a) Maslow’s Hierarchy of Needs b) Herzberg's Two-Factor Theory c)
McGregor’s Theory X and Theory Y d) Vroom's Expectancy Theory

8. What does ERP stand for in business management? a) Employee Resource

Planning b) Enterprise Resource Planning c) Electronic Resource Planning d)
Economic Resource Planning

9. Which of the following is an example of a financial control tool? a) Gantt chart

b) Balance sheet c) SWOT analysis d) Fishbone diagram