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Buiseness Studies - Part 3
1
of
25
💡
Hints:
3
Q1. The two key components that need to be recognised while initially forecasting are:
A. Buyer lead-time time & price increases
B. Production time & demand changes
C. Employee motivation & supplier lead-in time
D. Supplier lead-time time & price changes
Q2. Are the preferred products of an individual that will satisfy his needs.
A. Wants
B. Needs
C. Supply
D. Demand
Q3. One of the advantages found in a relational database is increased information redundancy.
A. TRUE
B. FALSE
Q4. A corporation can best be described as
A. A company that is operated by its many owners
B. a company where the owners do not have the responsibility to pay off its debts
C. a company that makes a lot of profit
D. a company that shares its work load with its many owners
Q5. What is the outlined area called?
×
A. Ribbon
B. Document Area
C. Scroll Bar
D. Dialog Box
Q6. True or false:management is both science and art
A. True
B. False
Q7. What is the purpose of a cash flow forecast?
A. To calculate profit or loss
B. To find out whether a business has enough cash to pay their bills
C. To find out when customers are going to pay their invoices
D. To see if the business will break even
Q8. If a person has insured for Rs 4, 00,000. A fire broke out and the actual amount of loss amounted to Rs 2, 50,000. How much amount can he claim:
A. I. 4,00,000.
B. II. 2,00,000
C. III. 2,50,000
D. IV. None of the above
Q9. What do you ___?-I’malawyer.
A. do
B. have
C. job
Q10. Which account has the highest liquidity?
A. Checking
B. Savings
C. Certificates of Deposit
D. Stocks
Q11. When businesses invest funds to expand, they are involved in the process of:
A. Selling.
B. Depreciation.
C. Finance.
D. Capitalism.
Q12. Where do I switch it on?
A. Press.
B. Here.
Q13. A manager who supervises inexperienced employees can have a greater span of control than one who supervise experienced employees.
A. false
B. true
Q14. Three Styles of Communication
A. Aggressive, Active Listening, communication
B. Passive, "I" Messages, Assertive
C. Aggressive, passive, and assertive
D. None of the above
Q15. Market is
A. place where buyers meet sellers
B. Mandi /bazar
C. Is a situation where optimum customers meet optimum sellers
D. online market
Q16. When listening, we use the senses of
A. hearing.
B. sense of touch.
C. all of the answers.
D. none of the answers.
Q17. Where should you put a call to action in a business letter?
A. In the closing
B. In the body’s conclusion
C. In the salutation
D. In the body’s introduction
Q18. Business plans should be SMART what do the letters R and T stand for?
A. Reasonable and Team
B. Realistic and Time Specific
C. Rational and Timely
D. Responsible and Targeted
Q19. Reports for each sales person, product, and part are examples of detail or fine information granularities.
A. TRUE
B. FALSE
Q20. A characteristic of an imperfect markeat is?
A. a large number of buyers and sellers
B. sellers and consumers accept the going price
C. the seller influences the price to earn more profit
D. no barriers to entry or exit
Q21. Balance b/d in accounting means
A. balance bought dawn.
B. balance brought dew.
C. balance brought due.
D. balance brought down.
Q22. ___ is when a worker receives a set amountforayear’swork,usuallypaid out in equal payments each month
A. Wage
B. Salary
C. Piece Rate
D. Profit-sharing
Q23. You want to buy a new video game and a new pair of sneakers. You only have enough money to buy one of them. If you buy the video game, what is your trade-off?
×
A. The money you spend on the video game
B. The video game
C. The sneakers
Q24. What is the difference between a sole trader and partnership? (UND)
A. Asole trader is owned by 1 person, whereas partnership is owned by 2-20 members.
B. Partnership has 2 directors & sole trader has 1 director.
C. It is not easy to establish a sole trader than it is for partnership.
D. None of the above.
Q25. To start a business, people need a good idea, resources, and
A. resources
B. capital
C. consumers
D. international trade
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