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MCQ Business Studies

This document contains 10 multiple choice questions testing knowledge of business and management topics such as non-monetary benefits, types of strikes, management training methods, definitions of financial terms, international trade agreements, inventory management techniques, performance appraisal methods, symptoms of undertrading, the founding date of the World Trade Organization, and the definition of product positioning. The answers provided are: Job enrichment, Sympathy strikes, Project assignment, The market value and book value of assets, Allows foreign investment at par with domestic investment, Just in time, Management by Objectives Method, High current ratio, 1st January 1995, And occupying a distinct image in the customers’ mind.

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Arun Agrawal
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359 views5 pages

MCQ Business Studies

This document contains 10 multiple choice questions testing knowledge of business and management topics such as non-monetary benefits, types of strikes, management training methods, definitions of financial terms, international trade agreements, inventory management techniques, performance appraisal methods, symptoms of undertrading, the founding date of the World Trade Organization, and the definition of product positioning. The answers provided are: Job enrichment, Sympathy strikes, Project assignment, The market value and book value of assets, Allows foreign investment at par with domestic investment, Just in time, Management by Objectives Method, High current ratio, 1st January 1995, And occupying a distinct image in the customers’ mind.

Uploaded by

Arun Agrawal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1-Non-monetary benefits given to employees include

(A) Bonus

(B) Job enrichment

(C) Pension

(D) Stock options

2-An example of secondary strike is

(A) Listening or cat call strikes

(B) Token or protest strikes

(C) Sympathy strikes

(D) Tool-down or pen down strikes

3-Which method of management training is not a part of ‘off the job method’?

(A) Simulation

(B) Project assignment


(C) Role playing

(D) Case study

4-watered capital means, the difference between

(A) Long term working capital and short term working capital

(B) net working and gross working capital

(C) the book value and the realizable value of assets

(D) the market value and book value of assets

5-As per the WTO agreement, TRIMs allows

(A) foreign investment at par with domestic investment

(B) exclusive marketing rights in domestic market

(C) reduction in tariff duties on marine products

(D) None of the above


6-The technique of acquiring material and manufacturing goods only as needed to satisfy customers
orders is called as

(A) Just in time

(B) Maintaining levels of stock

(C) Buffer stock

(D) Economic Order Quantity

7-What is the participative performance appraisal method?

(A) Human Resource Accounting Method

(B) Management by Objectives Method

(C) Behaviorally Anchored Rating Method

(D) 360 Degree Appraisal

8-The main symptom of undertrading is

(A) Low inventory turnover ratio


(B) High inventory turnover ratio

(C) High current ratio

(D) Very efficient credit management

9-The World Trade Organization (WTO) started functioning from

(A) 1st January 1980

(B) 1st January 1975

(C) 1st January 1995

(D) 1st January 1990

10-Product positioning is an act of

(A) distributing through retailers

(B) distributing through wholesalers

(C) marketing through internet

(D) occupying a distinct image in the customers’ mind


ANSWERS:

1-(B), 2-(C), 3-(B), 4-(D), 5-(A), 6-(A), 7-(B), 8-(C), 9-(C), 10-(D)

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