Government Polytechnic, Chh.

Sambhajinagar

IOM Final Exam Question Bank

Sr.No Question Answer A Answer B Answer C Answer D ChapNo

1 Which one of these is not a type of business? Service Manufacturing Machining Trade 1
Which of the following is not a manufacturing Iron and Steel
2 Flour mills Fruit canning Mining 1
industry? industry
Which one of the following has least benefited of Agricultural
3 Service Sector Food Sector IT Sector 1
globalization in India? Sector
Rapid integration or interconnection between
4 Privatization Globalization Liberalization Socialization 1
countries is known as…………………………..
Inter-
Investment made by MNCs is Mutual Portfolio Foreign
5 Government 1
called…………………………. Investment Investment Investment
Investment
Company that owns or controls production in more Foreign Government Multinational Private
6 1
than one nation is called as…………………………. company company company company
Small
7 Globalization has posed major challenges for: Big Producer Rural Poor Urban Poor 1
Producers
Effective Increase in Rapid
One major factor that has stimulated the globalization Willingness to
8 utilization of income and improvement in 1
process is: cooperate
resources wealth technology
Lesser Greater
No competition
competition competition None of the
9 Globalization by connecting countries leads to: between 1
among among Above
producers
producers producers
Economic Cheap Labour None of the
10 Where do MNCs choose to set up production? Cheap Goods 1
Sustainability Resources Above
 A Professional A Student
A Doctor A Lawyer
11 Which of the following is not an economic activity? cricketer playing 1
practicing practicing law
playing cricket volleyball

Which one of these is the largest segment in Indian Textile Banking Chemical Engineering
12 1
Industry? Industry Industry Industry Industry
Which one of the following is not a consumer
13 Soap Detergents Caustic soda Cosmetics 1
product?
Information Information
Information Information
Technology Technology
14 What does ITES stand for? Technology Technology 1
Enabled Education
Extend Service Energy Service
Service Service
Which one of the following is the leading IT Hub in
15 Bangalore Hyderabad Delhi Mumbai 1
India?
16 India is largely an ______retail market. Unorganized Profitable Organized Movable 1
The process of transferring ownership of business
17 Globalization Liberalization Privatization Trading 1
from public sector to private sector is:
Acquiring Production of Completing
18 What is manufacturing? Gaining profit 1
customers merchandise demand
19 Following is not a chemical industry? Sugar Polymer Petrochemical Paints 1
___________is the relationship between host and
20 Banking Insurance IT Hospitality 1
guest.
World Tariff World Trade World Tourism World Telecom
21 WTO stands for ___________ 1
Organization Organization Organization Organization
Individual
Intellectual Intellectual Individual
22 IPR stands for_____________ Property 1
Product Rights Property Rights Product Rights
Rights
23 Recently_______is the fastest growing sector in India. Agriculture Fishing Manufacturing Service 1
 __________policies cover the cost of medical Health Dental Disability Crime
24 1
treatments. Insurance Insurance Insurance Insurance
Access to
Increased Less Less Foreign
25 Which is the advantage of Globalization? Advanced 1
Pollution Competition Investment
Technology
_________industry refers to manufacturing that is
26 Engineering Textile Process Insurance 1
associated with formulas and manufacturing recipes.
Airports
Coal India
27 Which of the following is not a Maha-Ratna industry? Authority of SAIL GAIL 1
Limited
India
Doing
All of the
28 Which of the following describes e-Commerce? Business Doing Business Sale of Good 1
Above
Electronically
Which of the following is not one of the major type of
29 B2C B2B C2B C2C 1
e-Commerce?
……………….in the e-commerce may be a holder of
30 a payment card such as credit card or debit card from Issuer Customer Merchant Acquirer 1
an issuer
A company wishes to ensure that no one else can use Industrial
31 Copyright Trademark Patent 1
their logo. Design
A singer wishes to assign the rights to reproduce a Industrial
32 Copyright Trademark Patent 1
video she has made of her concert. Design
Which of the following is not an intellectual property Copyright Act, Trademark Act, Customs Act, Patent Act,
33 1
law? 1957 1999 1962 1970
World World World World
Industrial Industrial Intellectual Intellectual
34 WIPO Stands for 1
Property Penetration Penetration Property
Organization Organization Organization Organization
 Trade barriers
Economies of
and controls on
Weak scale are being Technological
35 Which of the following is a driver of globalization? inflows of 1
competition exploited to the advance
foreign direct
maximum
investment.
36 Fayol suggested ___ function of management. 12 4 14 6 2
A differential
piece rate To pay more To give less To provide
37 To motivate workers, F W Taylor suggested 2
method of salary work festival bonus
payment
………..…sets the vision and mission of the Top Middle Frontline Board of
38 2
organization. Management Management Management Directors
Which of the following is not a basic function of the
39 Controlling Organizing Working Leading 2
management process?
The planning process is used to
40 Advancement Technologies Discoveries Budgets 2
prepare……………...in an organization.
Getting work done with a minimum of effort, expense
41 Efficiency Effectiveness Productivity Planning 2
or waste is the definition of:
------- are an organization's objectives, and -------- are Standing plans; Specific plans;
Stated goals;
42 the documented ways that organization intend to meet Single use Goals; Plans Directional 2
Real goals
those objectives. plans plans
43 -------- is judgment of future. Planning Forecasting Mission Organizing 2
44 A ------- is a long term goal. Plan Vision Innovation Operation 2
------ is a communication that flows from a higher Horizontal Upward Downward None of the
45 2
level to lower level in the organization. communication communication communication Above
------- determines specific goals and lays down the None of the
46 Organization Management Business 2
board which the goals are to be attained. Above
47 Who are the part of Low level manager? President Workers Executives Manager 2
Production General Marketing
48 Who is not a middle level manager? Section Head 2
Manager Manager Manager
 Which managers supervise and coordinate the Production Frontline Operation's
49 Section head 2
activities of operating employees? manager manager manager
50 ------- is a policy making function. Customer Administration Management Employee 2
-------- does not belong to Henry Fayol 14 principles Standardizatio
51 Scalar chain Authority Discipline 2
of management. n
52 -------- is the second function of management. Organizing Planning Leading Controlling 2
The process of inspiring the subordinate to put in their
53 Motivation Teamwork Management Leadership 2
best is known as ---------
Which one of the following functions involves
54 recruiting and placing qualified personnel needed for Planning Organizing Staffing Leading 2
the organization?
For a manager, to control or direct the work of an
55 Line authority Responsibility Referent Power Staff Authority 2
employee the manager must have :
Defining Hiring Motivating Determining
56 Organizing include: organizational organizational organizing who does what 2
goals members members tasks
The process of monitoring, comparing & correcting is
57 Coordinating Controlling Leading Organizing 2
called --------
Technical, Human, Technical, Technical,
The 3 essential managerial skills required by any
58 Human and Empirical and Interpersonal Human and 2
person in an organization are ---------
Empirical conceptual and Controlling Conceptual
Managers with good ------- are able to get out of their Conceptual
59 Human skills Technical skills Visual skills 2
people. skills
Which one of the following skills are more important
60 Human Technical Conceptual Empirical 2
at lower level of management?
Strategic
61 In order to achieve a mission, -------- is/are set. Smaller Goals Vision Big Plan 2
Management
62 A business plan depends upon -------- information. Product Word of mouth Finance Market 2
An employee should receive orders from only one Unity of Unity of Unity of None of the
63 2
superior is called as _______ Direction Authority Command Above
64 -------- is the rights to issue order or make decisions. Manage Policy Supervise Authority 2
-------- is the function of employing eligible people
65 Planning Staffing Strategy Mission 2
for the company.
In a Joint stock company, loans are repaid by the ------- None of the
66 Members Promoters Company 2
- Above
A Private Limited company can have minimum --------
67 4, 50 4, 20 2, 50 2,20 2
and maximum --------- members.
Friends and
In a Private Limited company, generally ---------- are All of the
68 Partners Neighbors Family 2
the members. Above
Members
Subordinate to Superior to Subordinate to Superior to
69 In Line organization, the authority flows from: 2
Subordinate Superior Superior Subordinate
In Line organization, who is responsible for final Superior
70 Workers Managers Foreman 2
results……….. Authority
71 Line Organization is: Rigid Flexible Strong Expensive 2
All of the
72 Line Organization lacks : Coordination Overloading Specialization 2
Above
Functional Staff Special Line
73 Line and Staff organization is the modification of : 2
organization organization organization organization
Which of the following is not the advantage of public Quick Professional
74 Large capital Limited liability 2
limited company? formation management
Project organization is a ------------ organization
75 Temporary Permanent Annual Quarterly 2
structure.
Maximum use Decision are
None of the
76 The advantages of project organization : Rigid of specialist taken 2
Above
knowledge independently

77 In a department the --------- is incharge of department. Manager H.R. C.E.O. Project manager 2
Suggest a suitable form of ownership for a bicycle None of the
78 Public limited Private limited Partnership 2
repair business. Above
79 -------- is right to issues orders. Responsibility Span Stability Authority 2
--------- is the legitimate power to exercise influence,
80 C.E.O. Supervisor Responsibility Authority 2
make decision, carry out actions and to direct others.
---------- is essential to direct, guide, instruct and
81 Manager Authority Responsibility Chairman 2
order to subordinate.
The authority that a -------- possesses is known as line Chief
82 Subordinate Manager Superior 2
authority. Executives
The life and existence of a -------- Ownership doesn't Entrepreneursh Joint stock
83 Partnership Proprietorship 2
depend upon life of members. ip Company
None of the
84 Organization is a/an --------- system. Closed Exposed Open 2
Above
Who is known as the father of Scientific Alfred Matthew
85 F W Taylor Elton Mayo 2
Management? Marshall Boulton
86 …………..reduces uncertainty. Negotiating Planning Organizing Leading 2
Top level managers engage chiefly in ……………… Human
87 Financial Succession Strategic 2
planning or long range planning. resource
Which among the following is an example for a non- Charitable
88 Hotel Hospital University 2
profit organization? Society
Which feature does not form one of Fayol 14 Espirit De
89 Initiatives Order Individualism 2
principles of management? Corp
Which of the following men’s writings are associated Douglas
90 Max Weber Henry Fayol F W Taylor 2
with bureaucracy? McGrover
Being treated
According to Fayol 14 principles of management, Team work and Spirit of the
91 fairly and Spirit of work 2
‘esprit de corps’ refers to which of the following? harmony corporation
kindly
Delegation of Fundamentals
92 Planning is: Looking ahead Guiding People 2
authority of staffing
Flow of Flow of
Parity of
command from command from Parity in
93 Unity of command means authority and 2
subordinate to superior to controlling
responsibility
superior subordinate
 Measuring Managing the Management in Making
94 Staffing refers to: 2
performance positions action strategic plans
Performance
95 The characteristics of direction include: Motivating Planning Guiding 2
Appraisal
_______ applies to the systematic delegation of Decentralizatio None of the
96 Centralization Delegation 2
authority in an organization-wide context n Above
Which of the following designations does not fall in Executive
97 CEO President Supervisor 2
the category of top-level management? Director
................... refers to the grouping of activities and
98 Planning Organizing Staffing Directing 2
resources in a logical fashion.
A partner who is not actually involved in the
Nominal Dominant
99 partnership but lends his name for public relations Silent Partner General Partner 2
Partner Partner
purposes is a:
A_____________partner is an owner who has General
100 Senior Partner Silent Partner Limited Partner 2
unlimited liability and is active in managing the firm: Partner
Which of the following is an advantage of a sole ease of starting being your own pride of All of the
101 2
proprietorship? a business boss ownership Above
the unlimited disagreement
shared difficulty of
102 The main disadvantage of a general partnership is: liability of the amongst 2
management termination
partners partners
50% of capital
is held by the
at least 51% of
the entire share central
the capital is
capital is held government
A Government Company is one in held by the All of the
103 by the central and the 2
which__________________. central and/or Above
and/or state remaining 50%
state
government by one or more
governments
state
governments
 limited or
limited to the limited to the unlimited
The liability of members of co-operative society is amount of amount of paid depending
104 unlimited 2
______________________. nominal value up value of upon what the
of capital held capital held society has
opted for it

105 Membership of Cooperative Society is___________. Compulsory Voluntary Not essential Not compulsory 2
In case of death By insolvency
By mutual All of the
106 When the partnership is dissolved? of any of the of any of the 2
Consent Above
partner partner

It doesn't have It cannot be It exist only in

A Joint Stock Company is called an artificial person It is invisible &
107 the shape of used in the contemplation 2
because___________. intangible
natural person Court of Law of law

Organization culture is an aspect of the …………….

108 Internal Task External General 2
environment of an organization
External information is more useful for..........
109 Staff Level Top Level Bottom level Middle Level 2
managers
_______ means job analyzing, recruitment and hiring
110 Administrating Staffing Recruiting Hiring 3
individuals for appropriate jobs.
111 Personnel Management deals with -------- Man Machine Money Material 3
Manpower Manpower Manpower Manpower
112 Forecasting of required man power is called as -------- 3
Organizing Controlling Planning Developing
Planning, Organizing, Procuring and Maintenance of Personal Personnel Personal Personnel
113 3
employee is called as -------- Management Development Development Management
Following is/are the objectives of Human Resource Employee Employee None of the
114 Both A and B 3
Management. Welfare Safety Above
The following is (are) concerned with developing a
All of the
115 pool of candidates in line with the human resources Development Training Recruitment 3
Above
plan.
 Production
The following is not a functions of Personnel Training and Wages and Recruitment
116 Planning and 3
Management. Development Salary Admin and Selection
Control
The following factor(S) affect (s) Manpower Nature of Performance All of the
117 Working Hours 3
Planning. Production Rate Above
Personnel Manpower None of the
118 Personnel Management is called as -------- Both A and B 3
Administration Management Above
_______ can be defined as Written Record of the Job Job None of the
119 Job Profile 3
duties, responsibilities and conditions of job. Description Specification Above
Human Resource Management aims to maximize
120 Efficiency Effectiveness Economy Effort 3
employees as well as organization ----
121 Human Resource Management helps to improve ---- Productivity Profit Production Power 3
The process of analyzing jobs from which job Job
122 Job Analysis Job Evaluation Job Enrichment 3
descriptions are developed are called----- Enlargement
The term Procurement in terms of employee stands Recruitment Training and Pay and Health and
123 3
for ----- and Selection Development Benefits Safety
_______can be defined as a process of checking the
124 Recruitment Induction Orientation Selection 3
right person for the right job.
Departmental
125 ___________is not an internal source of recruitment. Promotion Job Rotation Transfer 3
Exam
____________ is not an external source of Internal Off Campus Walk-In
126 Job-Fair 3
recruitment. Advertisement Selection Interviews
_________is the selection test which judges the
Intelligence Mental ability Personality None of the
127 emotional ability that will help to judge work in 3
Test Test Test Above
group.
__________is the selection test to judge the co- Personality Maintainability Psychomotor
128 Intelligent Test 3
ordination between hands and eye. Test Test Test
__________ is the main function of Human
129 Evaluation Examination Recruitment Assessment 3
Resources.
 _____ and ______ are two phases of the employment Recruitment, Organization, Planning, Recruitment,
130 3
process. Selection Selection Design Planning
The process of ________ is basically to enhance the
131 skill set of employees so that they can produce the Planning Organizing Recruiting Training 3
best result
Identifying the _______ candidates and ________then Available, Potential, Available, Potential,
132 3
to apply for the job is called Recruitment. Insisting Attracting Making Insisting

133 Campus selection is a _____ source of Recruitment. External Modern Internal Fresh 3
Committee Project
134 The following is not a On the Job Training method. Job Rotation Case Studies 3
Assignment Assignment
Increase Reduce Reduce All of the
135 The following is (are) the benefit (S) of training. 3
Productivity Accident Supervision Above
_______ training is used to welcome new employee in
136 Orientation Induction Motivation 360 Degree 3
the organization.
Introduction of Understanding
Enhancing Understanding
137 Following are not the part (s) of induction training. Organization Rules and 3
Skill Policies
Structure Regulation
Following are the main method (s) of skill None of the
138 Coaching Demonstration Both A and B 3
enhancement training. Above
Maintain
Following are not the objective(s) of motivation Inspire Boost Team Seeing Layout
139 Working 3
training. Employee Spirit of Premises
Relation
The main methods of skill enhancement training are Assigning None of the
140 Job Rotation Both A and B 3
_____ Project Above
Which of the following types of leader encourages
141 members to participated in group decision and policy Autocratic Democratic Laissez-Faire Charismatic 3
making decision?
Which of the following types of leader is most likely
142 Laissez-Faire Democratic Autocratic Beurocratic 3
to say whatever the group does is fine with him/her?
143 Which of the following types of leader work by book? Charismatic Autocratic Democratic Beurocratic 3
144 Hitler is a _____ type of leader. Charismatic Autocratic Democratic Beurocratic 3
_____ is the process of enhancing the skills,
145 capabilities and knowledge of employees for doing a Inducting Training Orienting Both A and B 3
particular job.
______ is the set of forces that energize, direct and
146 Motivation Empowerment Expectancy Socialization 3
sustain behaviour.
Solve problems Gives full
None of the
147 Following are the duties of leadership ____________ and make freedom to Both A and B 3
Above
decision employees
________ reflects the desire to do something because Intrinsic Extrinsic Intrinsic Extrinsic
148 3
it is enjoyable. Leadership Motivation Motivation Leadership
_________ is desire of a person to do something for Extrinsic Intrinsic Extrinsic Intrinsic
149 3
external rewards like praise, Awards and money. Leadership Motivation Motivation Leadership
Abraham Douglas
150 Who invented levels of hierarchy of human needs? Henry Fayol F W Taylor 3
Maslow McGrover
Which is the third level of Maslow theory of Physiological Self-Esteem
151 Social Need Safety Need 3
Motivation? Needs Need
152 Following is not an example of physiological need. Food Shelter Hunger Job 3
Which is the last level of Maslow theory of Self Self None of the
153 Both A and B 3
Motivation? Actualization Fulfillment Above
How many levels are there in Maslow theory of
154 5 4 6 3 3
Motivation?
Relatives, Love and belongingness are the example of Self Self
155 Social Need Self-Esteem 3
which level in Maslow theory of Motivation. Actualization Fulfillment
Following is not the example of self actualization
156 Wisdom Respect Justice Truth 3
need.
Uncomfortable Lack of Lack of
None of the
157 ________ is a cause of accident because of worker. Working maintenance of adequate 3
Above
Procedure machine Knowledge
 Lack of
Taking None of the
158 _________ is a cause of accident due to management. maintenance of Day Dreaming 3
Shortcuts Above
plant
None use of Lack of Poor Mental
159 ________ is a cause of accident due to layout. 3
safety devices Training Housekeeping Distractions

Following is not a kind of precaution necessary to Use Safety Good

160 Maintenance Planning 3
avoid accident. guards Housekeeping
While operating with machine, what type of Uniform Half sleeves
161 Torn Uniform Loose Uniform Dress with Tie 3
is use? Uniform
162 Following is not the personal protective device. Goggle Traffic lanes Helmet Ear plug 3
______ means a person who has completed his
163 Person Young person Adult Old person 3
eighteen year of age.
______ means a person who has not completed his
164 Person Adolescent Young Person Child 3
fifteenth year of age
ESI Act for India is an integrated social security act
165 tailored to provide ____ protection to workers and Financial Social Physical Economical 3
their dependents.
166 ________benefit is not provided under ESI Act. Sickness Independent Maternity Medical 3
Which of the following is not authorities comes under Courts of
167 Labour Court Conciliation Facilitator 3
Industrial Dispute Act? Inquiry
Under workmen's Act, employer shall not be liable to
pay compensation in respect of any injury which does
168 not resulting in death or permanent total or partial 7 5 3 2 3
disablement of the workmen for a period exceeding
_____ days.
In which year Industrial Dispute Act come into
169 1947 1949 1953 1963 3
operation?
____ means temporary closing of place of Industrial
170 Lock-out Strike-out Court 3
employment or the suspension of work. Dispute
 Personal Injury Personal Injury
Who is liable to get compensation in Workmen's happened happened None of the
171 Both A and B 3
Compensation Act? outside the inside the Above
organization organization
______ benefit is given to insured employee and his
Sickness Maternity Hospital
172 family member on his medical treatment and Medical Benefit 3
Benefit Benefit Benefit
attendance at an ESI hospital.
Minor means a person who has not attained the age of
173 21 20 18 19 3
______
In which year Workman's Compensation Act come
174 1924 1922 1923 1925 3
into operation?
Planning
Determining Attracting Selecting
175 Which one is not a part of recruitment process? recruitment 3
requirements candidates candidates
campaign
Which one of the following is not a machinery for
Conciliation Board of Collective
176 settlement of Industrial Disputes under the Industrial Labour Court 3
Officer Conciliation Bargaining
Disputes Act, 1947?
How much amount is payable to the dependents for
177 5000 12500 15000 10000 3
funeral expenses?
Who has
Who is less Who is more Who is more
178 Who is an adult as per Factories Act, 1948? completed 18 3
than 18 years than 14 years than 15 years
years of age
A premises including precincts thereof is a ‘factory’
within the meaning of the Factories Act, 1948
10 or more 20 or more 15 or more 50 or more
179 wherein a manufacturing process is being carried on 3
Workers Workers Workers Workers
without the aid of power and where the number of
workers working is
According to Lewin, Lippet and White's 1939
None of the
180 experiment, which form of leadership produced the Democratic Laissez-Faire Autocratic 3
Above
most work from participants?
 Everyone
Leader gives
What is one characteristic of a Laissez-Faire works together Leader takes None of the
181 opinion only 3
leadership style? and participate Charge Above
when asked
together
Project
182 Which of these is an off - the - job training method? Coaching Job Rotation Online Surfing 3
Assignment
A student who completes learning tasks in order to earn
183 Extrinsic Factor Mastery Goals Knowing Needs Intrinsic Factor 3
stars on her paper is motivated by:

An effective and A way of

An ancient way A way of normal
184 The safe way of working is…… right way of handling the 3
of working working
working work in a hurry

Personnel management specifically deals with human Their Their All of the
185 Their motivation 3
resources in respect of procurement development Above
Wages &
186 The subject matter of personnel management is Profit Individual Human Being 3
Incentives
________ method of training is connected to real life In-Basket
187 Role Play Case Study Business Game 3
problem. method
The poor quality of selection will mean extra cost on None of the
188 Training Recruitment Work Quality 3
_______ and supervision. Above
Rearrange the following steps of recruitment.
I. Searching
II. Evaluation & Control
189 III, II, I, V, IV III, V, I, IV, II IV, V, III, I, II II, I, IV, V, III 3
III. Planning
IV. Screening
V. Strategy Development
Which mode of recruitment is through None of the
190 Direct Indirect Third party 3
advertisements, newspapers and want ads? Above
Which is not an advantage of Internal Source of Cultural
191 Time saving Less Expensive New Blood 3
Recruitment? Knowhow
The following is probably the most widely used single Psychological None of the
192 Interviewing Both A and B 3
method of selection. test Above
 An ……………is a traditional, widely accepted
Application All of the
193 device for getting information from a prospective Interview Induction 3
Form Above
applicant.
All of the
194 Demonstration type of training method is used to train Worker Supervisor Manager 3
Above
Which of the following colour is used for radiation
195 Red Green Orange Purple 3
hazard?
Safety, Esteem, Physiological, Self-
Physiological,
Actualization,
The order of Maslow's Hierarchy of Needs, from Social, Self- Esteem, Social, Safety, Social,
196 Esteem, Social, 3
bottom to top is: Actualization, Safety, Self- Esteem, Self-
Safety,
Physiological Actualization Actualization
Physiological

Which of the following is an example of an intrinsic Good Working Satisfaction in a

197 A Pay increase Promotion 3
motivator? Condition Job well done

A company picnic addresses which of Maslow's hierarchy

198 Social Physiological Safety Esteem 3
of needs:

Motivation If a need is met, Social needs are

None of the
199 Maslow's hierarchy of needs is based on the idea that: comes from it is no longer a the most 3
Above
need motivator. important needs.

The only feasible purpose of financial management Wealth Sales Income Assets
200 4
is_______ Maximization Maximization Maximization Maximization
Profit & Loss Account statement is also known Statement of Statement of Statement of All of the
201 4
as___________ Operations Income Earnings Above
Procurement &
Financial Management function comprises Safe custody of Expenditure of Procurement of
202 effective use of 4
of________ funds only funds only finance only
funds
All of the
203 Which of the following are the direct taxes? Income Tax Gift tax Wealth Tax 4
Above
None of the
204 Who bear the ultimate tax burden of GST? Seller Manufacturer Consumer 4
Above
 Followings is (are) the activities of financial Planning of Allocating None of the
205 Both A & B 4
management. Finance Fund Above
Current Current Asset-
206 Net Working Capital = Liability-Asset Asset-Liability Liability - Current 4
Current Asset Liability

207 Following is not an example of fixed capital. Telephone Bill Land Machinery Building 4

Gross Working None of the

208 Followings is (are) the type of working capital. Net Capital Both A & B 4
Capital Above
Working None of the
209 Which one is long run capital? Fixed capital Both A & B 4
Capital Above
Purchasing Day to Day None of the
210 Working Capital is required for__________. Both A & B 4
Fixed Asset Activities Above
Following is the example of Internal sources of Retained
211 Public Deposit Bank Loan Debenture 4
finance. Earning
Planning and
control of an Preparation of Assess the non-
Company
212 Which is the mostly likely purpose of budgeting? organization's a five-year financial 4
valuation
income and business plan performance
expenditure
Material Production
213 Which of the following is not a functional budget? Sales Budget Fixed Budget 4
Budget Budget
Debenture None of the
214 Who are the owner of the company? Employee Shareholder 4
Holder Above
Industrial Industrial
Which of the following are not the Financial State Financial Reserve Bank
215 Financial Development 4
Institution? Corporation of India
Companies Companies
Debenture
216 Who get the fixed rate of interest on their investment? Shareholder Employee Customer 4
Holder
 Dependent on
Dependent on Dependent on Not dependent
217 Production Budget is_____________ Purchase 4
Sales Budget Cash Budget on any budget
Budget
To plan and
To coordinate achieve its
To define the All of the
218 The main objective of budgetary control is… different goals related to 4
goal of the firm Above
departments income and
expenditure
Which budget is used to forecast the quantity of Production Marketing
219 Sales Budget Material Budget 4
product to be manufactured? Budget Budget
220 What is the face value of share? 10 20 30 40 4
221 What is the face value of Debenture? 200, 500 400, 2000 300, 700 100, 1000 4
Following is (are) are the function of Financial Management Management of None of the
222 Both A & B 4
Management. of Cash Profit Above
______________ is required to start, run & expand Land &
223 Production Capital Material 4
business Building
Labour budget is used to estimate of ________ labour None of the
224 Indirect Direct Both A & B 4
requires to manufacture the products. Above
For finding Labour cost which two factor is No. of Hour, No. of Labour, No. of Day, No. of Hour,
225 4
consider…. Rate per/Day No. of day Rate/Hour Rate/Hour
Asset acquired for long period of time in the business None of the
226 Fixed Asset Current Asset Fictious Asset 4
is known as______ Above
__________ is the major source of revenue of any
227 Purchase Sale Interest Loan 4
business.
228 ___________ is not an intangible asset. Cash Budget Land Goodwill Building 4
Companies profit divided among shareholder is called
229 Interest Dividend Surplus Reserve 4
as .....
Earnings are the result of the difference Revenue and Revenue and Liabilities and Revenue and
230 4
between_________. Asset Liabilities Expenses Expenses
The term _________denotes the cost of services and
231 Expenses Income Loss Profit 4
things used for earning revenue.
 ____________ gives detail of profit and loss incurred Trading Profit & Loss None of the
232 Balance Sheet 4
during a particular financial year. Account account Above
All of the
233 Personal Income Tax was levied on the income of Salary Business House Property 4
Above
Which act is used to find income tax on the income Income Tax Income Tax Income Tax Income Tax Act
234 4
generated by an human being? Act 1939 Act 1956 Act 1962 1961
If tax is charged directly on personal or corporate
235 Direct Tax Corporate Tax Indirect tax Personal Tax 4
income then it is called as ___________.
Inventory Availability of All of the
236 Factors affecting production Budget is (are): Sales Forecast 4
Policies Resources Above
The wealth invested in business to generate income is
237 Capital Asset Liability Profit 4
called as_____________
Money which is retained by the company from the Returned Retained Reserved
238 Remain Earning 4
portion of their profit earned during previous year. Earning Earning Earning
__________ refers to advanced payment made by Customer Customer Customer Customer
239 4
customer against the price of product. Prepaid Postpaid Advance Payment
All of the
240 Which kind of loan is given by bank to organization? Long term Medium term Short term 4
Above
Variable Company
241 Which of the following are not the type of budget? Fixed Budget Master Budget 4
Budget Budget
_____________ is the following year in which this Assessment
242 Financial Year Current Year Previous Year 4
income is assessed and taxed. Year
Income-
____________ is a forecast of the revenue, expenses Expenses
243 Income Budget Expense Budget 4
and resources over a specified future period of time. Budget
Budget
Which of the following bank give loan to agriculture
244 SBI Dena Bank NABARD IDBI 4
purpose only?
__________________ is the management of finance
Cost Profit Financial
245 of an organization in order achieve financial Both A & B 4
Management Management Management
objectives.
Financial
Following is (are) the elements of Financial Financing Financial All of the
246 Decision 4
Management. Planning Control Above
making
 None of the
247 Which are types of Shares? Preference Equity Both A & B 4
Above
Income- Earning- None of the
248 Profit = Both A & B 4
Expenses Expenditure Above
249 Which is the new tax comes into the picture? ABT SGT GST MODVAT 4
Maximize the Maximize the Maximize the
wealth of wealth of wealth of All of the
250 The goal of financial management is to 4
Preference Debenture Equity Above
Shareholders holders shareholders
1st January 1st September
251 In India GST became effective from 1st April 2017 1st July 2017 4
2017 2017
GST is a _______ based tax on consumption of goods
252 Destination Duration Development Dividend 4
& services.
253 Indian GST Model has ____ rate structure. 3 5 6 4 4
Entertainment
254 Which of the following tax is not subsumed in GST? VAT Stamp Duty Central Excise 4
Tax
CGST &
255 What are the taxes levied on Intra-State Supply? CGST SGST IGST 4
SGST
Which of the following taxes will be levied on the
256 CGST IGST SGST Exempt 4
imports of goods & services?
How will the goods & services be classified under SAC/HSN
257 HSN Code GST Code SAC Code 4
GST regime? Code
258 A fixed rate of _________ is payable on debentures. Dividend Commission Interest Brokerage 4
Services Software System Services
259 SAC code stands for Accounting Accounting Accounting Application 4
Code Code Code Code
Nationally
Increase Brand Personal All of the
260 The major advantage of a franchise is: recognized 4
Value ownership Above
name
Finished Consumable
261 Which of the following is not an inventory? Raw material Machines 5
product tools
 Cost of Inventory Cost of
262 The cost of insurance and taxes are included in Set up cost 5
ordering carrying cost shortages
Economic Inventory
order quantity carrying costs Ordering cost
All of the
263 Which of the following is true for Inventory control? has minimum increases with decreases with 5
Above
total cost per quantity per lot size
order order
The time period between placing an order and its
264 Shortage Time Carrying time Lead time Over time 5
receipt in stock is known as

265 The Economic Order Quantity (EOQ) is calculated as (2D*S/h)^1/2 (DS*/h)^1/2 (D*S/2h)^1/2 (D*S/3h)^1/2 5

Minimize the Up to date and None of the

266 What is the function of inventory? Both A & B 5
lead time accurate record Above
………………..includes lubricant and other item In-process Finished Indirect
267 Raw Inventory 5
needed for proper operation. Inventory Inventory Inventory
ABC analysis plays a vital role in ……………… None of the
268 Finance Inventory Both a and b 5
management Above
A type of item costing is generally ……..of all
269 5 to 10% 15 to 25% 35 to 40% 60 to 70% 5
inventories
Arranging the Determine the Preparing the None of the
270 Which is the first step in doing ABC ANALYSIS? 5
items unit price list of all items Above

Stock level can

Inventory Record keeping All of the
271 Advantages of ABC is/are: be maintained 5
analysis become easy Above
properly

Economic Economic Economic None of the

272 EOQ stands for 5
order quantity order quality object quantity Above
 ………………..is one which allow lowest cost/unit Economic Economic Economic None of the
273 5
and its most advantageous. order quantity order quality object quantity Above
Lead time is All of the
274 What is assumption in EOQ? Total cost Primary cost 5
constant Above
…………………avoid effect like price fluctuation None of the
275 Buffer stock EOQ Both a and b 5
and shortage of material in the market. Above
Analysis of
Maintain of Issuing the Making request
276 What is the first step in purchasing? purchase 5
record and files purchase order quotation
requisition
………………….. is just transaction and is basic Purchasing
277 Purchase Order Procurement Purchasing 5
activity. Department
Inventory Marketing None of the
278 …………………is the part of material management. Both A & B 5
Management Management Above
Systematic Systematic System
System Audited
279 SAP stands for Application Audited Application 5
Product
Product Product Product
B type of item costing is generally ……..of all
280 5 to 10% 15 to 25% 35 to 40% 70 to 80% 5
inventories
C type of item costing is generally ……..of all
281 5 to 10% 15 to 25% 35 to 40% 70 to 80% 5
inventories
A type of item consumption is generally ……..of all
282 60 to 70% 20 to 30% 10 to 20% 5 to 10% 5
inventories
B type of item consumption is generally ……..of all
283 60 to 70% 20 to 30% 10 to 20% 5 to 10% 5
inventories
C type of item consumption is generally ……..of all
284 60 to 70% 20 to 30% 10 to 20% 5 to 10% 5
inventories
EOQ is a formula that determines the quantity at Reorder, Procurement,
Procurement, Reorder,
285 which the combination of ______ cost and ______ Inventory Inventory 5
Manufacturing Manufacturing
cost are the least Carrying Carrying
286 Carrying Cost is also called as_________ cost Maintaining Holding Supervising Controlling 5
Improve Improve Reduce
287 Following is the objective of JIT_____________ Reduce Cost 5
Quantity Supervision Flexibility
 JIT is combination of techniques used to
288 Quality Performance Operation Delivery 5
improve_________
Enterprise Economic Enterprise Economic
289 ERP stands for Requirement Resource Resource Requirement 5
Planning planning Planning Planning
Just Increase Just Improve
290 JIT stands for Just in Time Both A and B 5
Time Time
Rate of demand
Ordering cost Lead Time is No discount is
291 Which is not the assumption in calculating EOQ? does not 5
is Variable Fixed available
change
User Middle
292 Who is the controlling Authority of "A" type of Item? Owner Top Executives 5
Department Executives
Which type of control is required in case of "B" type Very Close Moderate None of the
293 Loose Control 5
of Item? Control control Above
294 What is the frequency of review of "C" type of Item? Continuous Occasional Extreme rare Infrequent 5
Receiving a required inventory item at the exact time
295 ABC JIT EOQ PERT 5
needed.
The two basic questions in inventory management
None of the
296 are….. 1. How much to order? 2. When to order? TRUE FALSE Can't Say 5
Above
(True/False)
With the A-B-C approach, items which have high unit None of the
297 TRUE FALSE Can't Say 5
costs are classified as A items? (True/False) Above
Vendor
Which one of the following is not a part of an ERP Employees
298 Representative Consultants Customer 5
implementation? Team
s
ERP makes ERP integrate
ERP means ERP is the sole
Which one of the following is not a myth about an many and automate
299 more work & responsibility of 5
ERP? employees organization
Procedures management
redundant process
Just-in-Time was successfully implemented
300 Suzuki Toyota Honda Bajaj 5
by__________
 Zero Reduced Over All of the
301 Just-In-Time aimed at 5
Inventories Manpower Production Above
Improving quality through small, incremental
302 improvements is a characteristic of what type of KAIZEN Six Sigma TQM JIT 5
quality management system?
A method of
It is system of stock control
It is Japanese Continuous
303 What does the word ‘Kaizen’ means? inventory involving 5
word for TQM. improvement
control colored stock
cards.
Standardize, Shine,
Shine, Shut up, Sort, Sustain,
Sort, Sustain, Standardize,
304 What are the five phases of 5S? Sustain, Sort, Sushi, Shine, 5
Shine, Set-in- Sustain, Set-in-
Standardize. Standardize.
order. order, Salami.
Improved
Which of these benefits of 5S are of value to the Improved Increased All of the
305 employee 5
organization? safety productivity Above
morale
Which phase of 5S are you in, when you clean
306 Sort Set-in-order Shine Sustain 5
machines, windows, floors etc.?
Analyze, Define, Define, Define,
307 Six sigma methodology defines three core steps: Improve, Measure, Measure, Measure, 5
Control Analyze Analyze Control
Standardized
Uniform
Which one of the following comes under the silent Constantly components All of the
308 workstation 5
feature of JIT? high quality. and work Above
loads
methods
It’s approach
Changes
It has long is based upon It works well
Which one of the following does not come under the associated with
309 term and long individual for slow growth 5
characteristics of the KAIZEN? it are gradual
lasting effects. ideas and economy.
and constant
efforts.
 It gives It is a
It needs heavy It is a Japanese
310 Which statement is wrong about kaizen? commitment to continuous 5
investment technique
quality improvement
311 Which is not included in 5 ’S’? Sort Solve Shine Sustain 5
312 Throw away unnecessary is in Seiso Seiton Seiri Seiketsu 5
313 Neatness is included in Seiri Seiso Seiketsu Seiton 5
314 Discipline comes in Seiketsu Seiri Seiton Shitsuke 5
Fact-based
Leader’s Innovative All of the
315 Six Sigma success factors are decision- 5
commitment ideas Above
making
A six sigma process has defect level below ______
316 3.4 4.5 5.6 6.7 5
defects per million opportunities.
Maintain low Match demand
Produce high
317 The ultimate objective in a JIT system is: inventory with a balanced Minimize waste 5
quality
flow
318 Who introduced Six Sigma? Motorola Nokia Samsung Toyota 5
Which two cyclic operation is used to achieve six DMACI- DMACI- DMAIC- DMAIC-
319 5
sigma? DMADV DMAVD DMADV DMAVD
320 What is at the heart of any ERP system? Information Employees Customer Database 5
The ________ should be a replica of the
321 MIS, Business ERP, Financial MIS, Financial ERP, Business 5
organisation’s ________ processes.
PERT is
PERT is
considered as a
probabilistic PERT and PERT and CPM
deterministic
technique and CPM both are both are the
322 Identify which one of the following statement is true. approach and 6
CPM is deterministic probabilistic
CPM as a
deterministic approaches. techniques.
probabilistic
approach.
technique.
 Consumes
Which one of the following is the characteristic of It is the longest maximum All of the
323 It has zero float 6
critical path? path. resources and Above
time.

is any path that

is a goes from the
is the longest is the shortest
324 The critical path combination of starting node to 6
path path.
all paths. the completion
node.

EST + EST + EST -

325 EFT = EST - Duration 6
Duration (duration)/6 (duration)/6
Which of the following can shorten the duration of an Hiring extra All of the
326 Overtime Subcontracting 6
activity or project? labour Above
All of the following are traditional project
327 management techniques for scheduling and planning CPM PLAN Gantt Chart PERT 6
except
An activity
inserted into
the network to The beginning
The occurrence The earliest an
show a or completion
328 In a CPM/PERT network, an event refers to of a delay in activity can 6
precedence of an activity or
the project start
relationship project
with no
passage of time

represent the represent the

represent the
maximum cannot tolerate largest and
most expense
329 Activities on the critical path are critical because they project any delay in most complex 6
in terms of
completion completion activities of the
resources
time project
 Maintaining
the project
schedule and Establishing Making sure all
Which of the following is the primary focus of control Identifying
330 making sure precedence activities have 6
in project management? resource needs
work is relationships been identified
completed on
time
Critical Project Critical Path Critical Path Crash Project
331 CPM is 6
Management Management Method Method
After
Before During All of the
332 Process control is carried out production 6
production production Above
control
There is no
Which of the following are characteristics of Break Total revenue Contribution is
loss and no All of the
333 Even Point? is equal to total equal to fixed 6
profit to the Above
cost. cost.
firm.
Sales = Sales = Sales =
Variable Variable Variable
Using equation method, Break-even point is None of the
334 expenses + expenses + expenses - 6
calculated as__________ Above
Fixed expenses Fixed expenses Fixed expenses
+ Profit - Profit + Profit
No Profit No None of the
335 At breakeven point there is Profit Loss 6
Loss Above
Total revenue Total cost and Variable cost
Fixed cost and
336 The breakeven point is obtained at intersection of and Total cost variable cost and fixed cost 6
total cost line
line line line
The Break-even Point of a company is that level of
None of the
337 sales income which will equal the sum of its fixed TRUE FALSE Can't Say 6
Above
cost.
 Which of the following are assumptions for break-
even analysis?

A) Elements of cost cannot be divided in different

groups.

338 B) Fixed cost remains certain from zero production to A,B,C B,C,D A,C,D A,B,D 6
full capacity.

C) Behavior of different costs is linear

D) Selling per price unit remains constant.

Volume of
The prices of
The following assumptions are made in case of break All fixed costs All variable production and
339 input factors 6
even analysis, except are fixed costs are fixed volumes of
are constant
sales are equal

Main concern in analysis of firm's break even analysis Market

340 High profit Low Profit Zero profit 6
is identifying level of output which results in Leading profit
A ____ is a set of activities which are networked in an
Project
341 order and aimed towards achieving the goals of a Project Process Project Cycle 6
Management
project.
A Gantt chart is used to show a project timeline None of the
342 FALSE TRUE Can't Say 6
diagrammatically. Above
The Critical Path is an activity (or series of activities) None of the
343 TRUE FALSE Can't Say 6
that if delayed will delay the whole project. Above

Successful project management does NOT include Competent Responsiveness Control Interchangeable
344 6
which of the following factors? team members to clients mechanisms staff
 Understanding
Which is the first stage in the project management Project Project
345 Project Control the project 6
model? Planning Definition
environment
when two
a node does not
two activities two activities activities share
In a CPM/PERT network a dummy activity is actually
346 have the same have the same the same 6
necessary when connect to
starting node ending node starting and
another node
ending node
Activity
Time oriented Event oriented Target oriented
347 PERT is the oriented 6
technique technique technique
technique
Inventory Material Production Machine repair
348 Gantt chart is used for 6
Control Handling Schedule schedule

Does not
Is artificially Is represented All of the
349 A dummy activity require any 6
introduced by a dotted line Above
time

It represents
It represents a that a
The activity is
situation where programme
critical and any
extra resources falls behind
delay in its
are available schedule and All of the
350 When slack/float of an activity is positive performance 6
and the additional Above
will delay the
completion of resources are
completion of
project is not required to
whole project
delayed complete the
project in time
All of the
351 Bar chart is suitable for Large Project Major Work Minor Work 6
Above
 The minimum
The maximum The most
The average time in which
time which an probable time
352 Pessimistic time is time required an activity can 6
activity might considering all
for a job possibly be
require conditions
accomplished
Beyond Ahead of As per the
353 Positive slack/float on a PERT indicates that project is On Critical Path 6
Schedule Schedule schedule
Activity
Event oriented Time oriented Target oriented
354 CPM is oriented 6
technique technique technique
technique
355 The success of any project depends upon- Execution Controlling Staffing Planning 6
Work
Which schedule format is the best to use when Milestone
356 Breakdown Gantt Chart Control Chart 6
tracking progress on a predictive project? Chart
Structure
The level of
What does the length of a task bar on a Gantt Chart The duration of The Start date The End date of
357 technical risk 6
represent? task of the task the task
within the task
The expected completion time/average time (Te) of (4To+Tm+Tp)/ (To+4Tm+4Tp)
358 (To+Tm+Tp)/6 (To+4Tm+Tp) 6
the activity duration is calculated as: 6 /6
359 The variance (σ) of the activity time is calculated as: ((Tp-Tm)/6)^2 ((Tm-To)/6)^2 ((Tp-To)/6)^2 ((To-Tp)/6)^2 6
Marketing has its origin in the fact that man is a
360 Sharing Willing Needs & wants Brand 7
creature of …………………………..
The Word Market has been derived from
All of the
361 ……………. Which may be looked upon as an arena Market Needs & Wants Supply 7
Above
for potential exchange.
All of the
362 The following is (are) the Tangible source(s) Capital Machines Raw Material 7
Above
All of the
363 The following is (are) the Intangible source(s) Information Time Technology 7
Above
 All of the
364 In marketing, ……………..is the focal point. Profit Sales Customer 7
Above
All of the
365 Reorder point tells ………………………….. When to OrderHow much to WhenOrder the Order will rich 7
Above
The major components of marketing mix are All of the
366 Promotion Price Product 7
………………………… Above
Adoption rate of the product will be higher and faster Compatibility All of the
367 Lower price Greater utility 7
if the product has with society Above
Marketers often use the term ……………... to cover
368 People Buying Power Demographic Segment Market 7
various groupings of customers.
If actual performance exceeds the expected
369 Satisfied Dissatisfied Delighted Neutral 7
performance of the product, Then customer is
Specialty Convenience Shopping Unsought
370 Bread and milk are which kind of products? 7
Products products products products
Adding new features to a product is advocated by
371 Product Approach
Production Approach
Marketing ApproachSelling Approach 7
which of the approaches?
To make To differentiate
One of the key tasks of marketers is ____________ To promote To do
products easily their products
372 and to create consumer perceptions that the product is sales of marketing 7
visible and from those of
worth purchasing. products surveys
available competitors
Which of the following is considered a “key player” Suppliers or Distributors or All of the
373 Manufacturer 7
in the marketing industry? Vendors Retailers Above
Marketing Mix is the most visible part of the All of the
374 TRUE FALSE Not Sure 7
marketing strategy of an organization. Above
A transaction in which the organization is making an
Straight rebuy Delayed New-task Modified rebuy
375 initial purchase of an item to be used to perform a 7
purchase purchase purchase purchase
new job refers to which of the following purchases?
Which of the following is NOT considered a type of
376 Wholesaler Retailer Distributors Manufacturer 7
reseller?
The promotion “P” of marketing is also known as Product Marketing
377 Distribution Cost 7
…………………. Differentiation Communication
 In marketing theory, every contribution from the
378 Value Costs Convenience Ingredients 7
supply chain adds …………... to the product
Fundamental Augmented
379 The most basic level of a product is called the: Core product. Central product 7
product. product.
Anything that can be offered to a market for attention,
380 acquisition, use, or consumption that might satisfy a Idea Demand Brand Product 7
want or need is called a(n):
…………………... pricing is the approach of setting
Market Market
381 a low initial price in order to attract a large number of Value Based Leader 7
Penetration Skimming
buyers quickly and win a large market share.
Extensive
Routinized
While buying milk which kind of behavior is problem Variety seeking None of the
382 buying 7
displayed by a person? solving behaviour Above
behaviour
behaviour
Product,
Price Physical Physical
People, Process,
383 The extended P's of Service Marketing Mix are : Evidence, Environment, 7
Product, Place Physical
Promotion Process, People
Environment
A social and managerial process by which individuals
and organizations obtain what they need and want
384 Selling Advertising Barter Marketing 7
through value creation refers to which one of the
following concepts?
What is the basic property of a service which makes it None of the
385 Shape Intangibility Size 7
different from a product. Above
Buying goods and services for further processing or
Consumer Government Business International
386 for use in the production process refers to which of 7
markets markets markets markets
the following markets?
The ________ refers to the various companies that are
Distribution Promotion
387 involved in moving a product from its manufacturer Network chain Moving chain 7
chain network
into the hands of its buyer.
 ________ is the study of how individuals, groups, and
organizations select, buy, use, and dispose of goods, Target Psychographic Product Consumer
388 7
services, ideas, or experiences to satisfy their needs marketing segmentation Differentiation behavior
and wants.
If performance meets consumer expectations, the
389 Delighted Satisfied Disappointed Surprised. 7
consumer is ________.
Which one of the following factor relates to family
390 Cultural Social Personal Business 7
that influences consumer behavior?
Which one of the following is a key to build lasting Price of the Need Customer Quality of
391 7
relationships with consumers? product recognition satisfaction product
The traditional view of marketing is that the firm
392 Markets Sells Prices Service. 7
makes something and then ________ it.
Which of the following firms emphasizes on
Product Market Production
393 product’s benefits to the customers rather product Sales oriented 7
oriented oriented oriented
attributes?
Which product is MOST likely to be purchased
394 Television set Soft drink Shirt Car 7
through routine decision making?
Luxury products, such as Rolex watches, are also Shopping Convenience Emergency Specialty
395 7
known as: product product product product
_______________________ is defined as the
difference between the benefits a customer sees from Customer Satisfaction Competitive
396 Profit margin 7
a market offering and the costs of obtaining those value scale benefit
benefits.
____________ is defined as communication with Personal Sales All of the
397 Mass Selling 7
large numbers of customers at the same time. Selling Promotion Above
When customer expectations regarding product
Customer Planning
398 quality, service quality, and value-based price are met A quality rift A value line 7
satisfaction excellence
or exceeded, _____ is created.
Newsletters, catalogues, and invitations to
Product
399 organization-sponsored events are most closely Pricing Distribution Promotion 7
development
associated with the marketing mix activity of:
Which of the following is not an element of the
400 Process Penetrate Product Pricing. 7
marketing mix?
 Communicatio
401 The basic role of promotion is _____. Information Manipulation Interpretation 7
n
Buying and selling of mass consumer goods and Business Consumer Government
402 Global markets 7
services comes under which of the following markets? markets markets markets
Aggressive selling is a characteristic of which of the Production Marketing
403 Selling concept Product concept 7
following concept of marketing? concept concept
Which of the following is a name, term, sign, symbol,
404 design, or a combination of these, that identifies that Label Brand Co-Brand Product 7
maker or seller of a product or service?
Products that are relatively inexpensive and are
405 purchased frequently with minimal effort can be Shopping Convenience Industrial Specialty 7
classified as ___________ products.
Large tools and machines used in a production
Major Accessory Component
406 process for a considerable length of time are classified Raw Material 7
Equipment Equipment. Parts
as
A company designs the product with little or no input
Product Marketing Production
407 from customers, the company is practicing which of Selling concept 7
concept concept concept
the following concept?
Which of the following 4Ps of marketing mix
408 involves decisions regarding channels coverage, Product Price Place Promotion 7
assortments, locations, inventories or transports?
The skimming, penetration, negotiation, bargaining
Place Product Promotion
409 and bundling are decided in the ______________ of Price Decisions 7
Decisions Decisions Decisions
the Marketing Mix strategy.
410 The 4 P’s of Marketing represent one of the following 4 Phases 4 Traits 4 Components 4 Philosophies 7
Collecting, analyzing and evaluating Marketing Management Materials Money
411 accurate/appropriate marketing related information is information information information information 7
the task of – system system system system
In Global marketing orientation, product needs across
412 Ever Changing Universal Seasonal Irregular 7
the countries are __________.
 Advertising is a part of ____________________
413 Distribution Selling Pricing Promotion 7
function.
Which of the following is an example for product Product
414 Product Design Brand Brand Equity 7
attribute? Packaging
A website
which is user-
A website
friendly,
which is user-
A website regularly
friendly
A website which is user- updated,
regularly
415 Which fact is true about on-line marketing? which is user- friendly and provides 7
updated and
friendly regularly product’s
make product’s
updated graphical image
graphical
and product’s
image available
price is
competitive

Three statements are given below:

Statement – I: Introducing an existing product in the
new market is called market development.
Statement – II: Introducing a new product in the
Statements I & Statements I & Statements II &
existing market is called diversification. Statements I, II
416 II are only III are only III are only 7
Statement – III: Introducing an existing product in the & III are correct
correct correct correct
existing market is called market penetration.

Choose the correct option about the statements from

among the options given below:
A commonly used basis for segmenting consumer Organizational
417 Demographics Product Type Price 7
markets is: Size
Branding is concerned with ____________
418 Promotion Place Price Product 7
component of four ‗P‘.
____________________is the process of evaluating
Mass Marketing Market Market
419 each market segment‘s attractiveness and selecting 7
Marketing Segmentation Targeting Positioning
one or more segments to enter.