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  1. Management Exam
  2. MGT

MGT Questions and Answers (Q&A)

What are willingness, capacity & opportunity to perform said to be?
K. Gibson, Corporate employee
Answered: Sep 24, 2020
Willingness, capacity, and opportunity are simply referred to in the theory of work performance. The theory of work performance emphasizes these three entities: willingness, capacity, and...Read More

3 Answers

2893 views
How do you find the missing value of any given accounting situation?
E.Ruth
Answered: Feb 19, 2018
To find the missing value in an accounting situation, you must use the fundamental accounting equation Assets = Liability + Owner’s Equity. One of the most important financial statem...Read More

2 Answers

1067 views
What is the buyer really buying?
Robert Hazlewood, Senior Executive
Answered: Feb 28, 2019
The buyer needs to know the core benefit of the product before he actually buys the product. There are a lot of people who will check out the products that they want but they would not make an...Read More

2 Answers

720 views
Which concept is a useful philosophy in a situation when the products cost is too high and marketers look for ways to bring it down?
John Smith
Answered: Apr 27, 2024
Selling concept
Product concept
Production concept
Marketing concept

1 Answer

692 views
What type of examples Wage, Rent & Materials are?
John Smith
Answered: Apr 27, 2024
1. explicit cost-a business expense that is easily identified and accounted for. explicit costs represent clear, obvious cash outflows from a business that reduces its bottom-line profitability....Read More

1 Answer

395 views
How advances in these concepts positively effect a business?
John Smith
Answered: Apr 27, 2024
In 21st century the trends are changing rapidly in the fields of information technology, globalization and entrepreneurship. The best manager is one who takes these changes as opportunity and...Read More

1 Answer

326 views
What do you do with Opportunity costs while calculating the Net Present Value(NPV) for a specific project?
John Smith
Answered: Apr 27, 2024
You have to include the opportunity costs-opportunity costs relevant to the cash flows of the projectsuppose you are to invest in a new project, a small production unit with 4 weaving looms....Read More

1 Answer

282 views
What is the cost that is subject to actual payment or will be paid for in future?
John Smith
Answered: Apr 27, 2024
Explicit cost-a business expense that is easily identified and accounted for. explicit costs represent clear, obvious cash outflows from a business that reduce its bottom-line profitability. this...Read More

1 Answer

279 views
How a manager can make his forecasting technique more effective?
John Smith
Answered: Apr 27, 2024
Now a days management techniques are more demanding, as soon as global boundaries are finished due to it, and approach to each and every part of the world become easy, challenges are also...Read More

1 Answer

248 views

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