Scribd
Upload
28 views2 pages

PRC-5 Test 1 Chapter 1 QP

Prc assignment

Uploaded by

Muhammad Ayan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
28 views2 pages

PRC-5 Test 1 Chapter 1 QP

Prc assignment

Uploaded by

Muhammad Ayan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

SBI SCHOOL OF BUSINESS INTELLEGENCE

PRE-REQUISITES COMPETENCY STAGE EXAMINATION


Chapter 1 Total Marks: 24
Tutor: Malik Mumtaz Ahmed Time Allowed: 35 Minutes
Name of the examinees: ……………... ID:……………..
Introduction to Business (PRC-5) Test 1

1. __________statement is more concerned with the future while_________Statement focuses on present


(02 marks)
(a) vision; comparative
(b) income; mission
(c) vision; mission
(d) mission; vision

2. Which one of the following is NOT included in internal stakeholders? (02 marks)
(a) executive directors
(b) non-executive directors
(c) senior manager
(d) company cashier

3. Which one of the following statements is NOT true? (02 marks)


(a) all sahreholdrs are stakeholders but all stakeholders may not necessarily be
shareholders.
(b) a shareholder has an equity interest but stakeholder may have any type of
interest.
(c) a stakeholder may be a shareholder and a shareholders may be a stakeholders.
(d) all stakeholders and shareholders share profit of an entity.

4. Although executive directors are involved in the management of the company but their interest are similar
to the interest of senior manager. (02 marks)
(a) true
(b) false

5. A stakeholder which is neither a decision maker nor a part of the full time structure of the
organisation yet is very influential in the decision making and shaping the future of the
organisation is called? (02 marks)
(a) internal stake holder
(b) external stakeholder
(c) connected stakeholder
(d) manager

Prepared By: Malik Mumtaz Ahmed (Cell: 03004907961) Page 1 of 4


6. Which one of the following is NOT true for non-executive directors? (02 marks)
(a) they are the members of the board of directors
(b) they are external stake holders
(c) they are not full time employees
(d) they receive part-time salary

7. The most effective and motivating goals are always: (02 marks)
(a) interesting and easy
(b) challenging and remain achievable
(c) challenging and interesting
(d) too easy and achievable

8. The mission statement of company is issued by: (02 marks)


(a) managers
(b) highly senior employees
(c) board of directors
(d) stakeholders

9. The objective of an organization should be SMART, the letters used in SMART stand for: (02 marks)
(a) Subjective, Meaningful, Attainable, Realistic, Time-Bound
(b) Specific , Measurable , Agreed, Realistic , Time-Bound
(c) Short, Memorable, Attractive, Reasonable, Tested
(d) Specific, Measurable ,Absolute, Recurring ,Tactical

10. A well-written mission statement leaves nothing open to interpretation and should be: (02 marks)
(a) positive, complete and business focus
(b) final and definite
(c) simple, clear and specific to the business
(d) in direct writing and environment friendly

11. Profitability of the business can be measured though key variables such as: (02 marks)
(a) quality, quantity and variety of products
(b) higher salaries, fringe benefits and job security
(c) profit, dividend and tax
(d) revenue, cost and profit

12. Which one of the following is NOT a factor of production? (02 marks)
(a) capital
(b) labour
(c) money
(d) land

THE END

Prepared By: Malik Mumtaz Ahmed (Cell: 03004907961) Page 2 of 4

You might also like