IMT Assignments For All Subjects
IMT Assignments For All Subjects
IMT Assignments For All Subjects
MKTC 522
market
market place
market segment
market firm
marketing audit
annual audit
accounting audit
external audit
objectives
mission statement
swot
market
exclusive distribution
integrated distribution
selective distribution
intensive distribution
gauging the extent to which marketing objectives have been achieved in a particular period
implementation
evaluation
opportunity
success
brand equity
global brand
brand identity
brand loyalty
MRTP
components
resources
capital
raw materials
market
market segmentation
market service
market data
internal stimuli
external stimuli
regenerate
future markets
brand equity
global brand
brand loyalty
brand identity
market mix
market planning
market penetration
market place
judgement sampling
convience sampling
systemic sample
cluster sample
consumer marketing
service marketing
business marketing
consumer protection
optimizers
initiators
target
position
musule power
bargaining power
purchasing power
horse power
buying centre
business house
business place
business service
place
social
production
product
marketing myopia
marketing mix
target market
market plan
sellers
suppliers
buyers
purchasers
retailers
merchants
agents
whole sellers
tangible
assurance
empathy
research
competition act
companies act
patents act
tangible cue
information source
position
credence quality
experience quality
no quality
search quality
divest
Experience Curve
competitive advantage
evaluation
brand equity
private brand
brand loyalty
family brand
concept
intervention
motives
involvement
no markets
future markets
past markets
present markets
initiators
purchasers
buyers
deciders
IMTC 632
Set – 1
ISO 14001 is a Set of standards adopted by thousands of firms worldwide to certify that they are
Buyers
Government
Substitutes
Suppliers
An Entry Barrier is
Physical Barrier
Financial Planning
MNCs
Avoid
Virtual Meetings Have Enabled Firms To
Increase Speed
Reduce Staff
Save Time
In Few Cases
Yes
May Be
Unethical violations
Report indiscipline
Cut-Throat Competition
Automobiles
TVS
Tyres
Buyers
Suppliers
Competitors
Who is COO?
Should Do
Might Do
Have To Do.
Must Do
Shareholders
Unions
Employees
Euros
Rupees
Duration Of Strategy
Makes Profit.
The index of sustainable growth indicates how much of the growth rate of sales can be sustained by
Net cash
Debt
Assets
Insignificant factor
Significant factor
A Tactic Is A
Action Plan
Common-size statements are income statements & balance sheets in which the dollar figures have been
converted into
A common denominator
Rupees
Percentages
Ratios
Set – 2
Modular Structure
Virtual Organisation
Ce11ular Structure
Matrix Organisation
May Be
Yes
In Few Cases
Competency Is
Integration Of Activities
Collection Of Activities That A Firm Do Exceedingly Well.
Liquidation Means
Liquidity Ratios
Selling Of A Firm
Cash Liquidity
In Rumelt 's Consonance criteria for evaluating strategies there is need for
Euros
Rupees
R&D
Price
Promotion
Packaging
What Is Performance?
Actual Outcome
Ability to Work
Set of Activities
MNCs
A bribe is defined as
Economic
Technological
Political
Sociocultural
An Entry Barrier Is
Physical Barrier
Professional Liquidator
A Tactic Is A
Action Plan
Financial Planning
In Altman 's bankruptcy formula a score of 1.5 indicates that the firm is
Business ethics can be defined as principles of conduct within firms that guide
Bypass Attack
9 to 12
5 to 8
10 to 16
3 to 5
Reengineering Is The
Renewing Technology
Radical Redesign Of Its Structure
Transfer Of Technology
Competitors
Suppliers
Buyers
Intensity Of Competition.
OPMC 632
Set – 1
Difficult performance management conversations focus on three main objectives. Choose the item that
does not belong.
Operating income
Which of the following product promotional activities would probably help make the supply chain more
efficient?
An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific
order
Special packaging for a specific event that occurs one time each year
A company that can offer on-site repair in only 1 or 2 hours is an example of a company that is
competing on competitive dimension.
Process quality
Delivery speed
Delivery reliability
Flexibility
A breakeven point indicates which of the following:
A clear hierarchy of objectives in the project definition would NOT normally contain:
Success criteria
Control mechanisms
An End result
The purpose
All of the following statements concerning the characteristics of aggregate planning for services is true
except
Restaurants
Service
Airlines
The operating system that runs their assembly lines all the time
Job production
Income protection programmes include:
medical insurance
pension plans.
social security.
Which of the following statement is NOT true about Class A,B and C items?
Class A items are those 20% of high usage items, which generally account for 80% of total usage value.
Class B items typically account for 40% of total value and 30% of the items.
Pareto's law states that typically 20% of stocked items account for 80% of value.
Class C items usually comprise 50% of total items, but only I 0% of the total value.
A national distribution centre for soft drinks is most likely to use which form of inventory?
Buffet inventory
Cycle inventory
Pipeline inventory
Anticipation inventory
Operations strategy is concerned with setting broad policies and plans for using the resources of the
firm to best support the firm's long-term competitive strategy.
Operations strategy involves a long-term process that must foster inevitable change.
An operations strategy involves decisions that relate to the design of a product and the infrastructure
needed to support the product.
Operations strategy can be viewed as part of planning process that coordinates operational goals with
those of the larger organization .
The type of processing structure that is used for producing discrete products at higher volume is:
Job Shop
Project
Batch
Assembly Line
Reward system
Strategic planning
Performance management
Performance appraisal
Operations Managers
Make sure that products are produced efficiently, that products and services are marketed to maximize
sales, and that the company is earning profit
Projects with high levels of complexity are likely to be especially difficult to define and set realistic
objectives for.
False
True
The Critical Path is an activity (or series of activities) that if delayed will delay the whole project.
True
False
The term "assurance " in operations strategy reflects
Confidence
Illustrations
Ambience
Advantage
Which of the following is not an alternative identified in the service-system design matrix?
Phone contact
Mail contact
True
False
The type of processing structure that is used to produce gasoline, chemicals, and steel is:
Job Shop
Project
Assembly Line
Continuous Flow
Who developed the value Matrix
Treacy
Porter
Deming
linear programming
Obsolescence costs
Storage costs
Which Quality Guru advocated that senior management is responsible for 94% of quality problems?
Juran
Deming
lshikawa
Crosby
Automobile assembly
French restaurant
Commercial printer
Heavy equipment
Which one refers to service encounters whose specifications must be developed through some
interaction between the customer and the server.
Mail contact
Phone contact
Set – 2
The Critical Path is an activity (or series of activities) that if delayed will delay the whole project.
False
True
Papers
Technology
Process
Core Competence
Appraisal costs
Prevention costs
The operating system that runs their assembly lines all the time
Handle the products in batch mode
Job production
Which Quality Guru advocated that senior management is responsible for 94% of quality problems?
Deming
Juran
lshikawa
Crosby
True
False
Manufacturer
Both A and B
Labor requirements
Flexibility
Which of the following statement is NOT true about Class A,B and C items?
Class A items are those 20% of high usage items, which generally account for 80% of total usage value.
Class B items typically account for 40% of total value and 30% of the items.
Pareto's law states that typically 20% of stocked items account for 80% of value.
Class C items usually comprise 50% of total items, but only I 0% of the total value.
The ability to master new technologies, design and introduce new products is an example of.
Systems-based capabilities
Process-based capabilities
Coordination based capabilities
Organization-based capabilities
The item in the list below that is not a major competitive dimension that forms the competitive position
of a company is:
cost
delivery speed
A company that can offer on-site repair in only 1 or 2 hours is an example of a company that is
competing on _____ competitive dimension.
Flexibility
Delivery reliability
Process quality
Delivery speed
The main argument against the just-in-time approach lies in the very conditions it seeks to promote,
namely the insulation of stages in the process.
True
False
When a company seeks to match the benefits of a successful competitor position while maintaining its
existing competitive position is called:
Strategic fitting
Straddling
Activity-system mapping
Confidence
Illustrations
Advantage
Ambience
Which of the following product promotional activities would probably help make the supply chain more
efficient?
An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific
order
Special packaging for a specific event that occurs one time each year
Which of the following is not an alternative identified in the service-system design matrix?
Phone contact
Mail contact
Which one refers to service encounters whose specifications must be developed through some
interaction between the customer and the server.
Phone contact
Mail contact
medical insurance
all of the above.
social security.
pension plans.
Operations Managers
Make sure that products are produced efficiently, that products and services are marketed to maximize
sales, and that the company is earning profit
All of the following statements concerning the characteristics of aggregate planning for services is true
except
Competitive advantage
Paper advantage
Unconditional
Painless to invoke
The best process flow structure to use for making automobiles is?
Batch shop
Job shop
Assembly line
Inventory used to compensate for the uncertainties inherent in supply and demand is known as:
Pipeline inventory
Anticipation inventory
Cycle inventory
Buffer inventory
De-coupling inventory occurs because one or more stages in the process cannot supply all the items it
produces simultaneously.
True
False
Service
Airlines
Restaurants
Inventory used to compensate for differences in the timing of supply and demand is known as:
Buffer inventory
Cycle inventory
Anticipation inventory
Pipeline inventory
Pareto analysis
OPMC 641 (2019)
Set – 1
Product cost
Process Cost
People Cost
Consolidation
Break bulk
All of these
Stockpiling
Kaizen
Lean layouts
Poka-yoke
Muda
Passive integration
The Quick Response program, developed in 19080s was an offshoot of the following supply chain
concept:
Just-in-Time
Cross Docking
Six Sigma
Human Resources
Assets
Productivity
All of these
_____ is a method by which lean principles are applied in the examination of business processes.
JIT
Increased automation
Cost Savings
None of these
Accuracy
Which of the following are among the MOST important elements of the lean production philosophy?
_____ is defined as the assurance policy applied to all customers where the purchased goods or services
are (or shall be) as specified and, if not, they will be repaired
None of these
Insurance
Warranty
Guarantee
Which of the key supply chain business processes refers to meeting customer requirements by
synchronizing the firm’s marketing, production and distribution plans?
To have more direct control over the design and production of an end item
rationing
EDLP
VMI
Which of the following is not considered as the merit of VMI?
All of these
They are paying closer attention to what their direct customers really think of the goods and services
bought
They are selling off business units to focus more on core capabilities
All of these
Help to eliminate non-value creating activities and identify new customer requirements
Quantity Discounts
Place
Possession
All of these
Time
Material
Money
None of these
Efforts
_____ Means doing the right things to create the most benefit for the company
Efficiency
Productivity
Value
Effectiveness
Which of the following modes of cargo transport can be characterized as being the most inexpensive
and very slow, yet good for transporting very heavy goods a long distance?
Rail Carriers
Air carriers
Motor Carriers
Water Carriers
Which one out of the following is NOT considered as key supply chain business processes?
Returns Management
Process Integration
The supply chain strategy as cost leadership is a differentiation strategy with following characteristics
lean
Agile
All of these
Procurement
Outbound logistics
Operations
Inbound logistics
Tax liabilities
Receipt number
Set – 2
Which out of the following steps is not included in RFID implementation?
Distribution center
Supplier Selection
Material management
Manufacturing
None of these
Which out of the following is a practice aimed at purchasing products that meet environmental
objectives
Green Marketing
All of these
Green Sales
Green Procurement
lots of surprises
None of these
supplier is cooperative
Which of the following is not an assumption of the EOQ model?
The supply chain strategy as cost leadership is a differentiation strategy with following characteristics
Agile
Lean
All of these
Quality
Problem Solving
Sales Support
Information
Procurement
Outbound logistics
Inbound logistics
Operations
Which one out of the following is NOT considered as key supply chain business processes?
Process Integration
Returns Management
Rail Carriers
Air carriers
Water Carriers
Motor Carriers
Storage
Physical
Location
Physiological
Increased automation
Product cost
People Cost
Cost Savings
Accuracy
None of these
All of these
Approval
Authoring
Request
Negotiation
a manufacturer forecasts demand and produces product and makes them available to customers
either a manufacturer initiates manufacturing only after it has received an order or forecasts demand
and produces product and makes them available to customers
None of these
Which of the following are among the MOST important elements of the lean production philosophy?
Fully automated assembly lines and a large supplier base
____ is to coordinate and integrate supply, operations and logistics activities among the focal firm and
its key supply chain trading partners
None of these
To have more direct control over the design and production of an end item
None of these
Insurance
Warranty
Guarantee
Order entry
Tax liabilities
Receipt number
Reduction of waste
Continuous improvement
______ Means doing the right things to create the most benefit for the company
Effectiveness
Efficiency
Productivity
Value
Which of the following is the reason that small value purchases are handled differently?
Set – 1
need
Demand
physical object
services
As per service-quality model, the capacity to complete the promised service accurately and dependably
is
Assurance
Responsiveness
Reliability
Empathy
NO change
The quality of a service depends on who provides it, as well as when, where, and how it is provided. This
is an example of which characteristic of services
variability
intangibility
inseparability
perishability
a & b both
Density
Customers
neither a nor b
Successful service companies focus their attention on both their customers and their employees. They
understand ______. which links service firm profits with employee and customer satisfaction
interactive marketing
internal marketing
service-profit chains
service differentiation
Communications mix
Service mix
Marketing mix
Product mix
A Brand name is
Anything that can be offered to a market for attention, acquisition, use, or consumption that might
satisfy a want or need is called a(n)
Idea
Demand-based pricing
Services
Product
Perishability
Tangibility
Inseparability
Intangibility
It is a tangible state
It is an intangible state
If a company has a hybrid offer, then its offer may be described as being one where there is
a tangible good with accompanying services
A __________ is any performance or act one party can provide to another that is essentially intangible
and doesn't provides ownership of anything
Product
Both a & b
Service
Peak demand
Nonpeak demand
Normal demand
Combination
Pure service
Pure product
A_____ is a name, term, sign, symbol or design, or a combination of these, that identifies the maker or
seller of a product or service
logo
sponsorship
product feature
brand
Services are manufactured and consumed simultaneously; they cannot be stored either prior to or after
the service encounter . This is referred to as
Inseparability
Lack of ownership
Perishability
Intangibility
This is an organization's systematic attempt to correct a service failure and to retain a customer's
goodwill
Service processes
Service recovery
Service encounter
Service failure
The fact that services cannot be stored for later use or sale is evidence of their
inseparability
variability
perishability
intangibility
As per the service quality model, researchers figure out ____ determinants of service quality
3
5
Select name of the country having maximum percent of GDP attributed to services
China
india
Germany
United States
The perceived fairness of the level of economic advantages derived from service usage in relationships
to the economic costs is
Payment debt
Payment equity
Payment profits
Standardized and customized flow of activities, simple and complex number of steps and customer
involvement by which a service is delivered is called??..
Place Mix
People Mix
Process Mix
As per service-quality model, the willingness to assist customers and offer prompt service is
Empathy
Assurance
Responsiveness
Reliability
These types of services try to shape attitudes or behaviour. In order to achieve this, these services have
to be oriented to people’s minds, This is referred to as
Possession processing
Information processing
People processing
_____ are those characteristics that buyer evaluate the characteristics after the purchase
Search qualities
Credence qualities
Experience qualities
The use of sales literature and brochures to give signs about the quality and positioning of the service is
an example of
Products
People
Processes
Physical evidence
Set – 2
Employee dress
Equipment
Employee Training
Facility design
A Brand name is
As per service-quality model. The system of individualized and caring attention to customers is
Empathy
Responsiveness
Assurance
Reliability
Which of the following would not be one of the three major groups of industrial products and services
capital items
As per service-quality model, the courtesy and knowledge of employees and their ability to instill
confidence and trust is
Empathy
Responsiveness
Assurance
Reliability
The service-quality model identifies _____ gaps that results in Unsuccessful delivery
When links between service personnel and service process break down, this is referred to as
Service failure
Which of the following is an event that occurs when a customer's expectations of a service encounter
are not met
Service failure
Service encounter
Servicescape
Service mix
It is an intangible state
It is a tangible state
Pure Services
Hybrid
Once a train pulls out of a station, an Aeroplan takes off or a film starts, those seats are lost and can
never be sold. This is referred to as
Variability
Intangibility
Inseparability
Perishability
Differential pricing
Qualitative pricing
Same pricing
Select name of the country having maximum percent of GDP attributed to services
Germany
China
India
United States
The quality of a service depends on who provides it, as well as when, where, and how it is provided. This
is an example of which characteristic of services
perishability
intangibility
inseparability
variability
Combination
Pure service
Pure product
Service mix
Marketing mix
Product mix
The seat in a theatre, train, plane or ferry is rented on a temporary basis in exchange for a fee. The
terms associated with the rental of the seat determine the time and use or experience to which the seat
can be put. However, the seat remains the property of the theatre owner, rail operator, airline or Ferry
Company. This is referred to as
Variability
Inseparability
Lack of ownership
Tangibility
Four
None of these
five
six
passing an examination
The perceived fairness of the level of economic advantages derived from service usage in relationships
to the economic costs is
Payment equity
Payment debt
This is a characteristic of a service, namely that they do not have physical attributes and so therefore
cannot be perceived by the senses - cannot be tasted, seen, touched, smelt or possessed
Inseparability
Perishability
Variability
Intangibility
Investment Management
Detergents
Soft drinks
Automobiles
When there is little or no personal contact between customer and service provider, this is classified as
Intense-contact service
Low-contact service
Medium-contact service
High-contact service
The fact that services are sold, produced, and consumed at the same time refers to which of the
following service characteristics
intangibility
variability
perishability
inseparability
Successful service companies focus their attention on both their customers and their employees. They
understand ______. which links service firm profits with employee and customer satisfaction
interactive marketing
internal marketing
service-profit chains
service differentiation
By lowering prices to attract customers during quieter times and raising prices when demand is at its
highest, demand can be levelled and marginal revenues increased This is an example of
Service-based pricing
Demand-based pricing
Differential pricing
Intangible pricing
The fact that services cannot be stored for later use or sale is evidence of their
inseparability
variability
perishability
intangibility
Standardized and customized flow of activities, simple and complex number of steps and customer
involvement by which a service is delivered is called??..
Place Mix
People Mix
Process Mix
At customer service interface, company intends to manage a relationship with a customer through
Technology
Both a and b
People
Set – 1
The variance of a population is known to be 400. At 95% confidence, the margin of error will be
92 or less
4 or less
2 or less
29 or less
The p-value
is a distance
is a probability
In a cumulative relative frequency distribution, the last class will have a cumulative relative frequency
equal to
zero
one
100
In determining the sample size necessary to estimate a population proportion, which of the following
information is not needed?
P = 0.99
P = 0.50
P = 0.01
P = 0.90
A 95% confidence interval for a population mean is determined to be 100 to 120. If the confidence
coefficient is reduced to 0.90, the interval for µ
becomes 0.1
becomes wider
becomes narrower
In a random sample of 100 observations, P = 0.2. The 95.44% confidence interval for P is
120 to 0.280
134 to 0.266
164 to 0.236
122 to 0.278
unbiased estimates
As the number of degrees of freedom for a t distribution increases, the difference between the t
distribution and the standard normal distribution
becomes larger
becomes smaller
In constructing a frequency distribution, as the number of classes are decreased, the class width
remains unchanged
decreases
increases
A tabular method that can be used to summarize the data on two variables simultaneously is called:
an o give
crosstabulation
a histogram
simultaneous equations
The absolute value of the difference between the point estimate and the population parameter it
estimates is the
precision
error of confidence
sampling error
standard error
If we change a 95% confidence interval estimate to a 99% confidence interval estimate, we can expect
the percentage of data items with values less than or equal to the upper limit of each class
the percentage of data items with values less than or equal to the lower limit of each class
the proportion of data items with values less than or equal to the lower limit of each class
the proportion of data items with values less than or equal to the upper limit of each class
069
064
492
711
A researcher is gathering data from four geographical areas designated: South = 1; North = 2; East = 3;
Vest = 4. The designated geographical regions represent
label data
quantitative data
qualitative data
In a cumulative percent frequency distribution, the last class will have a cumulative percent frequency
equal to
100
one
The ability of an interval estimate to contain the value of the population parameter is described by the
degrees of freedom
confidence level
precise value of thepopulation mean m
If several frequency distributions are constructed from the same data set, the distribution with the
widest class width will have the
none of these
most classes
fewest classes
same number of classes as the other distributions since all are constructed from the same data
An estimate of a population parameter that provides an interval of values believed to contain the value
of the parameter is known as the
interval estimate
confidence level
population estimate
parameter value
The sum of the relative frequencies for all classes will always equal
one
In order to estimate the average time spent on the computer terminals per student at a local university,
data were collected for a sample of 81 business students over a one week period Assume the population
standard deviation is 1.2 hours. The standard error of the mean is
16
133
014
Whenever the population standard deviation is unknown and the population has a normal or near-
normal distribution, which distribution is used in developing an interval estimation?
z distribution
standard distribution
beta distribution
t distribution
Fifteen percent of the students in a school of Business Administration are majoring in Economics, 20% in
Finance, 35% in Management, and 30% in Accounting. The graphical device(s) which can be used to
present these data is (are)
a line graph
significance
confidence level
precision
degree of association
Set – 2
The proportion of data items with values less than or equal to the upper limit of each class
the proportion of data items with values less than or equal to the lower limit of each class
the percentage of data items with values less than or equal to the upper limit of each class
the percentage of data items with values less than or equal to the lower limit of each class
A researcher is gathering data from four geographical areas designated :South = I; North = 2; East = 3;
West = 4. The designated geographical regions represent
qualitative data
quantitative data
label data
becomes narrower
becomes wider
pie chart
bar graph
histogram
A frequency distribution is
a tabular summary of a set of data showing the frequency of items in each of several nonoverlapping
classes
significance
confidence level
precision
degree of association
The p-value
is a distance
is a probability
In constructing a frequency distribution, as the number of classes are decreased, the class width
remains unchanged
decreases
increases
We are interested in conducting a study in order to determine what percentage of voters of a state
would vote for the incumbent governor. What is the minimum size sample needed to estimate the
population proportion with a margin of error of 0.05 or less at 95% confidence?
100
200
196
58
In a random sample of 100 observations, P = 0.2. The 95.44% confidence interval for P is
120 to 0.280
134 to 0.266
122 to 0.278
164 to 0.236
An estimate of a population parameter that provides an interval of values believed to contain the value
of the parameter is known as the
confidence level
population estimate
interval estimate
parameter value
The difference between the point estimate, such as the sample mean, and the value of the population
parameter it estimates, such as the population mean, is known as the
confidence level
interval estimate
parameter estimate
sampling error
The difference between the lower class limits of adjacent classes provides the
class midpoint
class width
class limits
number of classes
P = 0.01
P = 0.99
P = 0.50
P = 0.90
precision
confidence
interval
error
bar graph
frequency polygon
histogram
o give
711
069
492
064
A 95% confidence interval for a population mean is determined to be 100 to 120. If the confidence
coefficient is reduced to 0.90, the interval for µ
becomes 0.1
becomes wider
becomes narrower
a sample statistic
a population parameter
the shape of the population's distribution
After computing a confidence interval, the user believes the results are meaningless because the width
of the interval is too large. Which one of the following is the best recommendation?
A situation in which conclusions based upon aggregated cross tabulation are different from
unaggregated crosstabulation is known as
Simpson's rule
wrong crosstabulation
Simpson's paradox
aggregated crosstabulation
The sum of the relative frequencies for all classes will always equal
one
increases
None of the above answers is correct.
decreases
ITSC 525
Set – 1 (2019)
In its simplest form, a system consists of all the following except
A(n) _____________ is a Web-based interface and integration of MIS, DSS, EIS, and other technologies
that gives all intranet users and selected extranet users access to a variety of internal and external
business applications and services.
Innovation
Bargaining power
Substitutes
Which one of the following should be used to answer the question, "What would happen to sales if we
cut advertising by 25 percent?"
Goal-seeking
Optimization
Sensitivity
What-if
The information products from an MIS take all the following forms except
scheduled reports.
exception reports.
push reports.
pull reports.
Many companies are using GIS technology along with global positioning system devices to do all of the
following except:
The information can have a broad or narrow scope, or an internal or external focus.
Decision support systems use _____ to support the making of semi-structured business decisions.
Analytical models
specialized databases
The rapid development of microcomputer processing power, application software packages, and
telecommunications networks gave birth to the phenomenon of ______ .
manufacturer-to-public direct sales
MIS departments
electronic monitoring
Structured
Semi-structured
Unstructured
Self-structured
Using a decision support system involves all of the following types of analytical modeling activities
except____ analysis.
sensitivity
exception
what-if
goal-seeking
application software
business processes
customer relationships
Cash management
Program control
Product planning
Capital budgeting
A strategic information system can be any kind of information system that uses information technology
to help an organization ____________ .
_____ is defined as the use of the Internet and other networks and information technologies to support
electronic commerce, enterprise communication and collaboration, and Web-enabled business
processes, both within a networked enterprise and with customers and business partners.
Electronic business
Enterprise collaboration
Deciding what product lines to develop over the next five years is an example of a(n)____ decision.
Structured
Semi-structured
Unstructured
open-ended
Which of the following is one of the most common and useful types of data mining for marketing?
Optimization analysis
Sensitivity analysis
Innovation
Cost leadership
Alliances
Differentiation strategy
Innovation strategy
Growth strategy
Internal enterprise information portal applications typically include access to all of the following except:
Corporate database
Cost leadership
Competition
Differentiation
Alliances
All of the following can be used to counter competitive forces in the marketplace except:
Alliances
Growth
Innovation
Bargaining
periodic scheduled
exception
demand
action
Program control
Credit management
Company reorganization
The expanding role of information systems from the 1950s to the present, in sequential order, are:
Management reporting, decision support, electronic business and commerce, data processing, strategic
and end user support
Data processing, management reporting, strategic and end user support, electronic business and
commerce, decision support
Data processing, management reporting, decision support, strategic and end user support, electronic
business and commerce
Electronic business and commerce, management reporting, data processing, strategic and end user
support, decision support
A(n) _______ strategy is a competitive strategy by which a firm develops unique products or services
from those of its competitors, or makes radical business changes that may alter the fundamental nature
of the industry.
alliance
growth
differentiation
innovation
Which of the following statements most accurately describes the operational level of management?
Composed of a board of directors and an executive committee of the CEO and top executives who
develop overall organizational goals, strategies, policies, and objectives as part of a strategic planning
process
Composed of self-directed teams and middle managers, who develop short-and medium-range plans,
schedules, and budgets
Composed of self-directed teams or supervisory managers who develop short-range plans, according to
procedures and within the budgets and schedules established for the teams and other workgroups of
the organization
A(n) _____ strategy is a competitive strategy by which a firm seeks to become a low-cost producer of
products and services in the industry.
differentiation
innovation
alliance
Set – 2
Dell, Wal-Mart, and Amazon are a few of the companies using ____ DSS models to stimulate and
optimize supply chain flow and reduce inventory levels.
pricing
financial performance
supply chain
Investments in information technology that build valuable new relationships allow a firm to:
_____ analysis is a more complex form of goal-seeking where the goal is to find the best value for a
target variable given certain constraints.
What-if
Sensitivity
Market basket
Optimization
All of the following are attributes of intelligent behavior that AI attempts to duplicate except:
Emotion
Problem solving
Alliances
Competition
Substitutes
Bargaining
Computer science
Cash management
Program control
Product planning
Capital budgeting
The expanding role of information systems from the 1950s to the present, in sequential order, are:
Management reporting, decision support, electronic business and commerce, data processing, strategic
and end user support
Data processing, management reporting, strategic and end user support, electronic business and
commerce, decision support
Data processing, management reporting, decision support, strategic and end user support, electronic
business and commerce
Electronic business and commerce, management reporting, data processing, strategic and end user
support, decision support
Innovation
Cost leadership
Alliances
Many companies are using GIS technology along with global positioning system devices to do all of the
following except:
periodic scheduled
exception
demand
action
A firm can survive and succeed in the long nm if it successfully develops strategies to confront the _____
that shape the structure of competition in its industry.
technological innovations
competitive forces
competitive strategies
ERP database
CRM database
Other databases
periodic scheduled
exception
demand
action
Deciding what products lines to develop over the next five years is an example of a(n) ____ decision.
Structured
Semi-structured
Unstructured
Open-ended
Program control
Credit management
Company reorganization
The information can have a broad or narrow scope, or an internal or external focus.
With ___ , data about sales offices can be rolled up to the district level, and district-level data can be
rolled up to provide a regional-level perspective.
consolidation
drill-down
filtration
Cognitive science
Robotics
Natural interfaces
Linguistics
A(n) _____ strategy is a competitive strategy by which a firm significantly expands its capacity to
produce goods and services, expanding and diversifying in the market
alliance
growth
differentiation
innovation
By targeting customers who are already known to be likely buyers, the effectiveness of a given
marketing effort is significantly increased-if the marketing takes the form of ______
in-store displays
catalogs
a direct offer
Networked enterprises view _____ systems as a strategic way to use IT to decentralize information
resources.
Electronic business
enterprise collaboration
The type of information required by decision makers in a company is directly related to the level of
management decision making and the amount of ____ in the decision situations they face.
financial risk
structure
variable information
urgency
Differentiation strategy
Innovation strategy
Growth strategy
______ is defined as the use of the Internet and other networks and information technologies to
support electronic commerce, enterprise communication and collaboration, and Web-enabled business
processes, both within a networked enterprise and with customers and business partners.
Electronic business
Enterprise collaboration
Structured
Semi-structured
Unstructured
Self-structured
According to the text, most retail stores today use computer -based information systems to support
business processes and operations. This support falls broadly into the categories of.
Competition
Differentiation
Alliances
HRMC 523
Set – 1
The first discipline to take the modem corporation as the unit of analysis and emphasize the design,
implementation, and coordination of various administrative and organization systems was:
anthropology
psychology
management
sociology
job displacement
employee turnover
continuance commitment
affective commitment
The motivation theory that holds that employee motivation is determined by the belief that a valued
outcome will result from effort is called:
goal-setting theory
equity theory
two-factor theory
expectancy theory
A technique that is valuable in its ability to generate a number of independent judgments without the
requirement of a face-to-face meeting is:
brainstorming
dialectical inquiry
employee absenteeism
attitude specificity
job satisfaction
job performance
cohesiveness
observe
explain causes of
measure
As a member of a study group, you feel that others are making minimal contributions. In this situation
you are LEAST likely to:
If a manager asks an employee to purchase a gift for his wife, the employee would think this request:
The dynamic process through which the emotions are transferred from one person to another is called
none of these
Emotional Quotient
emotional adaptability
emotional contagion
According to the Protestant ethic, a person should work hard because hard work and prosperity would
lead to a place in heaven. The organizational scholar who advanced the Protestant Ethic notion was:
Adam Smith
John Calvin
Sigmund Freud
Max Weber
Modern management practices such as employee management recognition programs, flexible benefit
packages, and stock ownership plans emphasize:
psychodynamic theory
intrinsic motivation
external incentives
internal needs
selective perception
first-impression error
a stereotype
self-fulfilling prophecy
enacted values
behavioral values
observable values
enduring values
long-term performance
short-term performance
The web like structures that contract some or all of their operating functions to other organisations and
then coordinate their activities through managers and other employees at their headquarters are called
Virtual Organisation
Circle Organisation
Networked Organisation
Traditional Organisation
According to the group development model, which of the following set of issues need to be addressed
as part of a group's authority issues?
expected group outcomes, who is in charge, and management of power and influence
expected group outcomes, who is in charge, and who has the right to tell whom to do what
who is in charge, management of power and influence, and who has the right to tell whom to do what
In research on styles of conflict management, the ____ style was least effective.
collaborating
avoiding
competing
compromising
cohesiveness
mutual acceptance
status structure
Crude comments or sexual jokes and behaviors that disparage someone's sex or convey hostility is
considered which type of sexual harassment?
sexual coercion
sexual abuse
exploitation
gender harassment
conflict
Intelligence Quotient
conceptual skills
technical skills
Circle Organisation
Virtual Organisation
Traditional Organisation
Networked Organisation
The establishment of new attitudes, values, and behaviors as the new status quo is consistent with what
stage in Lewin's change model?
change
moving
unfreezing
refreezing
An ethical theory that emphasizes the nature and characteristics of an act is:
consequence-based
cultural based
motive-based
rule-based
They make data-based decisions about improving product and service quality.
Persons with an internal locus of control make more ethical decisions than others.
Other people control persons who are strong on internal locus of control.
Individuals with an internal locus of control are more likely to exhibit uncontrollable behavior.
group members moving from extreme attitudes toward more moderate attitudes
the tendency for group discussion to produce shifts toward more extreme attitudes among members
the tendency for group members who were initially more cautious to become significantly less cautious
The study of individual behavior and group dynamics in organizational settings describes the content of
study in:
organization theory
organization design
organizational behavior
organizational development
Set – 2
a member of the executive team that retards the executive teams performance
a devil's advocate who challenges the thinking of the CEO and other top executives
They make data-based decisions about improving product and service quality
cohesiveness
uncertainty
performance appraisal process
abundant resources
unclear goals
The conflict that develops when a role behavior clashes with individual values is called:
intrarole
interrole
interpersonal
person-role
The set of authority and task relations among group members is known as:
status structure
mutual acceptance
cohesiveness
first-impression error
selective perception
stereotyping
Denise and Teresa are two students in a course on organizational behavior . Denise outperforms Teresa
on the first exam in OB, and Teresa convinces herself that Denise is not really a good person to compare
herself to because Denise is a psychology major and Teresa is majoring in accounting . Which of the
following is the best explanation for Teresa's reaction?
The dynamic process through which the emotions are transferred from one person to another is called
none of these
emotional adaptability
emotional contagion
Emotional Quotient
The type of organizational commitment that is based on an individual's perceived obligation to remain in
an organization is called:
affective commitment
attitudinal commitment
normative commitment
intentional commitment
At what stage of group development is the leader 's role primarily one of recognition of the group's
achievements?
performing
forming
norming
storming
selective perception
first-impression error
a stereotype
self-fulfilling prophecy
The close linkage of ____ to performance wider expectancy theory is crucial for enhancing motivation.
instrumentality
likelihood
valence
need satisfaction
The two sets of social benefits available to team or group members includes:
an organization's nationality is held strongly in the consciousness of managers even though the
organization competes on a global scale
reduce effort
If a manager asks an employee to purchase a gift for his wife, the employee would think this request:
benevolence
optimism
resilience
Max Weber
Sigmund Freud
John Calvin
Adam Smith
honesty
all of these
ambition
self sufficiency
external pressure
internal competition
group members moving from extreme attitudes toward more moderate attitudes
the tendency for group discussion to produce shifts toward more extreme attitudes among members
the tendency for group members who were initially more cautious to become significantly less cautious
The importance and value placed on a reward in expectancy theory is known as:
instrumentality
need satisfaction
likelihood
valence
rule-based ethics
consequential ethics
cultural relativism
universal moralism
An ethical theory that emphasizes the nature and characteristics of an act is:
motive-based
rule-based
cultural based
consequence-based
probability or likelihood
expectancy
valence
instrumentality
FINC 521
Set – 1 (2019)
manufacturing expense
Cash expense
Non-cash expense
non-operating expense
Dividend payment linked to profits left-out after meeting the expansion needs is based on ____
theory/policy?
Signaling Theory
Brexit, Greece Crises, Chinese Crises, Sub-Prime Crises are the examples of which of the following?
Systematic Risk
Unsystematic Risk
Total Risk
Specific Risk
The cash flows forecasted at the end of projection period for capital budgeting decisions are known
as___?
The underlying assumption in IRR method is that all the intermittent cashflows are reinvested at.
Cut-off rate
cost of capital
IRR
If the credit period is increased for the customers of the company, operating cycle will___
reduce
increase
remain same
unaffected
Calculate the expected return with the help of following data: p=.3 r=30%, p=.4 r= 16%, p=.3 r=8%
18
35
The internal rate of return generated by an fixed income investment, if held till maturity is known as
Current Yield
YTM
Yield Curve
Coupon rate
Current year dividend of Sun Ltd is Rs 5 per share. Expected growth rate is 8% and market capitalization
rate is 10%. Calculate the intrinsic value of stock?
54
270
Market interest rate is 9%. A bond with 10% coupon will sell ____ par value?
Above
Below
at
Which of the following is the spontaneous source of financing the working capital requirements?
Commercial Paper
Accounts Payable
Bank Finance
Profit maximization
Leverage Minimization
Funding maximization
Sheela needs Rs 500000 at the end of 5 years. How much amount she should invest right now @ 10%.
Present Value of 1 Rs at 10% for 5 years is .6209
100000
155225
310450
400000
In case of capital budgeting decisions, the projects in which choice of one automatically excludes the
another are known as ___ ?
Dependent Projects
Independent Projects
For a firm, weight of equity & debt is 0.6 & 0.4 respectively and cost of equity is 15%, Cost of debt is 9%,
tax rate is 30%. Calculate the WACC for the firm?
126
1152
12
084
Moon Ltd invests Rs 800000 in a paper manufacturing plant This is expected to generate Rs 150000
every year for next seven years. Cost of capital for the project is 10%. PVAF for 7 years at 10% is 5.3349.
Calculate the NPV of the project?
800000
800235
235
-235
pay-out ratio
distribution ratio
dividend rate
retention ratio
If business risk of a company goes up than price of stock will.____ ?
decrease
increase
remain same
fluctuate
Shares
Preference Shares
Debentures
Fixed Deposit
As per Bird in hand theory, high dividend pay-out is. _____ to low pay-out?
Preferred
not preferred
1% discount
1% discount
Which of the following AAA debentures will have highest price if YTM is ___?
07
08
075
085
more
less
non
Calculate the standard deviation with the help of following data: p=.3 r=30%, p=.4 r= l6%, p=.3 r=8%
76
92
21
64
Coupon rate
YTM
YTM/Bond Price
Discounted payback period is considered an improvement over payback period because it considers.
____ ?
All cash-flows
Easy to understand
If credit sales is 100000, credit period is 30 days, calculate the average receivables?
8219
8333
3333
3288
Systematic Risk
Unsystematic Risk
Total Risk
Market Risk
A stock's average return in last 3 years were 12% and Standard deviation is 8%. Calculate the coefficient
of variation?
33
67
Set – 2
A company replaces an old machinery with salvage value of Rs I 00000 replaced by a machinery costing
Rs 500000. The relevant cash flows for evaluation of this project is ___ ?
100000
500000
400000
600000
Taxable
not-taxable
Heavily taxable
76
92
21
64
Which of the following evaluation techniques for long-term investment decisions doesn't consider the
time value of money?
NPV
IRR
Pay-Back Period
Profitability Index
Calculate the expected return with the help of following data: p=.3 r=30%, p=.4 r= 16%, p=.3 r=8%
18
35
As per liquidity premium theory, interest rates on long term bonds will be than short term bonds?
Lower
Same
Higher
Fluctuating
Higher
Lower
Same
Fluctuating
If the cost of capital of a project goes up then NPV will
decrease
increase
remain same
fluctuate
Shyam deposits Rs 5000 every year for next 3 years at 6% semiannual compounding . Calculate the
future value if investment? Future value annuity factor at 3% for 3years and 6 years is 3.0909 & 6.4684
respectively and at 6% for 3years and 6 years is 3.1836 & 6.9753 respectively.
16171
15918
25
Discounted payback period is considered an improvement over payback period because it considers.
All cash-flows
Easy to understand
For a firm, weight of equity & debt is 0.6 & 0.4 respectively and cost of equity is 15%, Cost of debt is 9%,
tax rate is 30%. Calculate the WACC for the firm?
126
1152
12
084
As per :MM proposition without taxes, value of firm is ____ by changing the capital structure?
affected
not affected
increases
decreases
Which of the following method is considered the best evaluation techniques for Long-term investment
decisions?
NPV
IRR
Pay-Back Period
Profitability Index
If proportion of debt is increased in capital structure, overall cost of capital will ____?
Decrease
increase
remain same
fluctuate
Systematic Risk
Unsystematic Risk
Total Risk
Market Risk
decrease
increase
remain same
fluctuate
Moon Ltd invests Rs 800000 in a paper manufacturing plant This is expected to generate Rs 150000
every year for next seven years. Cost of capital for the project is 10%. PVAF for 7 years at 10% is 5.3349.
Calculate the NPV of the project?
800000
800235
235
-235
A category
B category
C category
All of them
The internal rate of return generated by an fixed income investment, if held till maturity is known as
Current Yield
YTM
Yield Curve
Coupon rate
Dividend declared at 12% means that this % age will be applied on _____ ?
Issue Price
Market Price
Face Value
Profits
When interest rates on long term bonds are higher than short term bonds, yield curve will be. ____ ?
upward slopping
downward slopping
flat
Dividend payment linked to profits left-out after meeting the expansion needs is based on ___
theory/policy?
Signaling Theory
Sheela needs Rs 100000 at the end of each year in the next 5 years. How much amount she should
invest now @ 10%. Present Value of annuity factor at 10% for 5 years is 3.7908
28
500000
100000
379080
decrease
increase
remain same
fluctuate
reduce
increase
remain same
unaffected
A stock's average return in last 3 years were 12% and Standard deviation is 8%. Calculate the coefficient
of variation?
5
33
67
_____ method tells the period in which original investment in a project will be recovered.
NPV
IRR
Pay-Back Period
Profitability Index
remain same
reduce
be half
double
If credit sales is 100000, credit period is 30 days, calculate the average receivables?
8219
8333
3333
3288
FINC512
PART-1
Interest paid
salmy paid
ICAI
SEBI
RBI
IFRS
3 . A business has paid the rent for the period Jan-March 2016 in June'2016, in which year financial
statements this rent expenses will be recorded?
2015
2016
2017
capital brought in
Payment of creditors.
Proprietors drawings.
Auditors
Shareholders
Management
Board of Directors
Purchase
Salary
R&D Expense
7 . The Share Capital of a company is Rs 10 Cr divided in 10 Lac number of shares. Calculate the face
value of share
Rs 100
Rs 1000
Rs10
Rs1
8 . Which of the following statement shows the financial position of a business entity as on date?
Income Statement
Balance Sheet
Trial Balance
9 . Which of the following self-generated intangible asset can be recorded in books of account?
Goodwill
Technical Know-How
Software
10 . If manufacturing expenses are Rs 20000, interest expenses Rs 4000, cash sales is Rs 30000. Increase
in inventory and debtors is Rs 5000 and Rs 7000 respectively. While increase in accounts payable is
9000. Calculate the cash flow from operations?
Rs 9000
Rs 3000
Rs 7000
Rs 12000
11 . Proceeds on the sale of fixed assets will be shown in which part of the cash flow statement, if
indirect method is followed?
12 . XYZ Ltd paid Salaries of Rs 200000 in the month of March'2016. Journalize the transaction.
Cash A/c Debited to Salary
Revenue Reserve
Capital Reserve
Reserve Capital
Revaluation Reserve
Sale of goods
Dividend Received
15 . In which of the following books, separate account is maintained for each item?
Ledger
Accounting Equation
Trial Balance
Journal
16 . Credit sales for the year is Rs 100000 and closing debtors are Rs10000. Calculate the collection
period of the firms?
10 days
5 days
39 days
17 . Capital contributed by owners is recorded as liability as per which of the following concept?
Monetary Unit
Economic Entity
Going Concern
Dual Aspect
18 . ABC Ltd Purchased Machinery on 1st October 2017 at cost price of Rs 5 Lacs. There is no salvage
value and estimated useful life of Machinery is 5 years. How much depreciation should be charged for
Year 2017-18?
1 Lac
Zero
50000
None of these
19 . A new firm commenced business on 1st January 20016 and purchased goods costing Rs. 90,000
during the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of
goods still unsold was Rs. 12,000. Sales during the year Rs.1,20,000. What is the gross profit earned by
the firm?
Rs 36000
Rs 30000
Rs 42000
Rs 38000
20 . Loss on the sale of Fixed Assets will be shown in which part of the cash flow statement, if indirect
method is followed?
Return on Investment
Current Ratio
Ledger
Accounting Equation
Trial Balance
Journal
23 . Operating expenses of Moon Ltd are Rs 18000, Interest expenses Rs 5000, Tax paid Rs 4000. If Sales
is Rs 35000 then calculate the Net Profit Margin?
2285
7714
51
0 0.0657
24 . Purchase of machinery against issue of shares will be shown in which part of the cash flow
statement?
Sales account
Mohan account
Goods account
Purchase account
Salary paid
Dividend received
27 . While preparing cash flow statements, the repayments of a loan during the year should be included
under the heading of
29 . Which of the following statement shows the Net Profit/Loss earned by a business entity?
Income Statement
Balance Sheet
Trial Balance
One
Two
Three
Four
Part - 2
Q1
While preparing cash flow statements. The repayments of a loan during the year should included under
the heading of
Q2
Q3
Operating expenses of Moon Ltd are Rs 18000, Interest expenses Rs 5000, Tax paid Rs 4000. If Sales is Rs
35000 then calculate the Net Profit Margin?
2285
7714
51
0 0.0657
Q4
Depreciation
Amortization
Depletion
Q5
Which of the following self-generated intangible asset can be recorded in books of account?
Goodwill
Technical Know-How
Software
Interest paid
Salary paid
Dividend received
Q7
A business has paid rent for the period Jan-march 2016 in June 2016, in which year financial statements
this rent expenses will be recorded?
2015
2016
2017
Interest paid
Salary paid
Dividend received
Q9
On 1st April 2017 P Ltd sells 100000 shares of dabur India Ltd to Q Ltd at Rs 400 per share (market price
on that day) with an agreement to repurchase the same at Rs 412 per share on 31 Dec 2017. How the
transaction should be presented in financial statements of P Ltd
Sale of investment
Sale of shares
Borrowings
Investment
Q10
Purchase
Salary
R&D Expense
Q11
If total liabilities decreased by rs20000 and stockholders’ equity increase by rs5,000 during of time, then
total assets must change by what amount and direction during the same time period?
Rs 15000 increase
Es 15000 decrease
Rs 25000 increase
Rs 25000 decrease
Q12
Sales account
Mohan account
Goods account
Purchase account
Q13
Sales account
Mohan account
Goods account
Purchase account
Q14
There was a fire in M Ltd Godown. It resulted into loss of Rs 5 Cr goods however the insurance company
accepted the claim of Rs 4.5 Cr only. This will result in _____ in equity by Rs____.
ANS…
Increase,4.5 Cr
Decrease, 0.5 Cr
Increase, 0.5 Cr
Decrease, 5 Cr
Q15
In which of the following statement, final balances of all the accounts are prepared in the form of list ?
Ledger
Accounting Equation
Trial Balance
Journal
Q16
Furniture
Computers
Debtor
Car
Q17
Sole proprietorship
The share capital of a company is Rs 10Cr divided in 10 lac number of shares. Calculate the face value of
share
Rs 100
Rs 1000
Rs 10
Rs 1
Q19
Ledger
Accounting Equation
Trial Balance
Journal
Q20
Asset
Liability
Income
Expense
Q21
ICAI
SEBI
RBI
IFRS
Q22
Both assets and owner’s equity would be increased by _______________
Capital brought in
Payments of creditors
Proprietors drawings
Q23 . Which of the following statement shows the Net Profit/Loss earned by a business entity?
Income Statement
Balance Sheet
Trial Balance
A new firm commenced business on 1st January 20016 and purchased goods costing Rs. 90,000 during
the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of goods still
unsold was Rs. 12,000. Sales during the year Rs.1,20,000. What is the gross profit earned by firm?
36000
30000
42000
38000
Q25
Credit sales for the year is Rs 100000 and closing debtors are Rs10000. Calculate the collection period of
the firms?
10 days
5 days
39 days
Sole proprietorship
Q27
Q28
ABC Ltd Purchased Machinery on 1st October 2017 at cost price of Rs 5 Lacs. There is no salvage value
and estimated useful life of Machinery is 5 years. How much depreciation should be charged for Year
2017-18?
1 Lac
Zero
50000
None of these
Q29
Wages
Machinery
Factory Expenses
Office Expenses
Q30
Which of the following can be categorized as revenue?
Sale of goods
Dividend received
All of above
Test -1
1.Demand curve slopes downward due to
-income effect
-substitution effect
-supply of compliments
3.An isoquant is
-least cost combination
-a reduction in GDP
-Explicit cost
-implicit cost
-incremental cost
-marginal cost
6.If future price changes were perfectly anticipated by both borrowers and lenders ,what would happen
to the real interest rate in the future if the price level changed?
8.when the first stage of law of variable proportions begins to operate the TVC curve
-foreign currency
-opportunities forgone
-domestic currency
-gold only
10.in actability
-each country consumption possibilities are the same as its production possibilities
-equilibrium is attained with the maximum gains from specialization and trade
11.if an imperfectly competitive firm is selling its 100th unit of output for $35,its marginal revenue
12.the equation for calculation of gross domestic product through expenditure approach is
-Y=C+I+G+(X-M)
-Y=C+I+G+(X+M)
-Y=C+I+G(X-M)
-Y=C+I+(X-M)
-the differences between the prices a purely competitive seller and a purely monopolistic seller would
charge
-the selling of a given product at different prices that do not reflect cost differences
-any price above that which is equal to minimum average total cost
-selling a given product for different prices at two different points in time
15.A consumer maximizes utility when the marginal utilities of all goods
-are equal
-are maximized
-headline inflation
-core inflation
-hyperinflation
-stagflation
-nominal GDP
-real GDP
19.A purely competitive firm is in short run equilibrium and its MC exceeds its AC.it can be conclude that
-saving
-disposable income
-consumption
-government expenditure
-positive
-negative
-Unitary
-Zero
-perfect competition
-oligopoly
-monopolistic competition
-the aggregate final goods and services produced during an accounting year
The aggregate intermediate goods and services produced during an accounting year
-the sum of money value of all final goods and services produced with in the domestic territories of a
country during an accounting year
-laws of returns
-economies of scale
26.If total revenue falls ,when price falls ,the demand of the product will be
-elastic
-unitary elastic
-inelastic
-perfectly elastic
29.The percentage change in the demand for film divided by the percentage change in the price of
cameras indicates
-total amount of satisfaction gained from consuming a product divided by the number of units
consumed.
Test – 2
IMT
1.A government -imposed price above floor above the market price of milk would increase consumer
expenditure on milk only if
-demand is elastic
-supply is inelastic
-demand falls
-demand is inelastic
-supply of money
-expenditure approach
-adding output produced by all sectors
4.which of the following is true concerning the relationship between the marginal propensity to
consume and the consumption function?
-the larger the MPC the higher the level of autonomous consumption
5.If a pure monopolist is producing a level of output in excess of the MR=MC output
-it will be the interest of the firm and the society to reduce output
-it will be the interest of the firm and society to increase output
-it will be in the interest of the firm but not necessarily of society to reduce output
-the firm may or may not be maximizing profits
-buys foreign currency, hopping to profit by selling it at a higher exchange rate of some later date
-simultaneously buys large amount of currency in one market and sells it in another market
7.If future price changes were perfectly anticipated by both borrowers and lenders, what would happen
to the real interest rate in the future if the price level changed?
-Disinflation
-Hyperinflation
-Stagnation
-Headline inflation
-producer equilibrium
-None of these
11.When economist say that people act as rational decision makers, that means
-once a pattern of behaviour has been established people tend to become set in their ways
-Explicit cost
-implicit cost
-incremental cost
-marginal cost
-MC=MR
-MC=ATC
-transportation cost
-all of these
-total amount of satisfaction gained from consuming a product divided by the number of units
consumed
16.In choosing between burger and shirts, consumer increase their purchases of each until
-the marginal utility from the last rupee spent on one is the same as on the another
-the marginal utility from the last rupee of burger is the same as from the last shirt
-the total utility from one is the same as from the other
17.A movement on the demand curve will take place when there is
-the marginal utility falls continuously with consumption additional unit of a product
-the average utility falls continuously with consumption additional unit of a product
-the marginal utility falls continuously with consumption total unit of a product
20.An increase in the money supply leads to a(n)
-decline in interest rates ,an increase in investment and an increase in aggregate demand
21.If the economy experiences a contractionary gap and the RBI stimulates the economy
-The money supply is decreasing because the RBI makes open market sales
-The money supply is increasing because the RBI makes open market purchases
-The money supply is increasing because the RBI prints more money
22.when prices increase at a such speed that the value of money falls drastically is called as
-Headline inflation
-Core inflation
-Hyperinflation
-Stagflation
23.If marginal product of labour is lesser than average product of labour then average product of labour
is
-Constant
-Decreasing
-Increasing
-Maximum
24.Cartel is
-a form of overt collusion
25.To close a contractionary gap using fiscal policy, the government can
-Perfect competition
-Oligopoly
-monopolistic competition
-all of these
-income effect
-substitution effect
-all of these
29.which of the following will not increase when net taxes decrease?
-saving
-disposable income
-consumption
-government expenditure