Fundamentals Areas of Business Test 7

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Fundamentals Areas of Business Test 7

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Weekly Quiz Competition

Question 1
1 / -0

Modigliani-Miller approach is based on the following assumptions:
I. All firms have equity capital
II. There is a perfect market
III. Investors act rationally
IV. Information about the market conditions is imperfect
Of these:

A
I and IV are correct

B
I, II and IV are correct

C
I, II and III are correct

D
All are correct
Question 2
1 / -0

A method for achieving maximum market response from limited marketing resources by reorganizing differences in the response characteristics of various parts of the market is known as _______.

A
market targeting

B
market positioning

C
market segmentation

D
market strategy

Solution

Market segmentation is the process of dividing a vast market, normally consisting of existing and potential customers into a sub group of customers. Segmentation helps in targeting the most profitable market.
Question 3
1 / -0

Which of the following does include HRM?

A
Job evaluation

B
Performance appraisal

C
Sales promotion

D
Job enrichment
Question 4
1 / -0

HRD as a total system includes the following major sub-systems:
$$1.$$ Performance Appraisal
$$2.$$ Career Planning
$$3.$$ Role Analysis
$$4.$$ ABC Analysis
$$5.$$ Rewards
Select the correct answer from the codes.

A
$$1, 2, 3, 4$$

B
$$1, 2, 3, 5$$

C
$$2, 3, 4, 5$$

D
$$1, 3, 4, 5$$
Question 5
1 / -0

The main function of product policy is?

A
To guide the activities of the firm towards common goal

B
To guide the activities of the entrepreneur towards common goal

C
Principles of operation adopted by the management

D
All the above
Question 6
1 / -0

The selling concept is most likely to be used by firms which sell _______.

A
convenience goods

B
shopping goods

C
speciality goods

D
unsought goods

Solution

Selling concept states that consumers will not buy enough of company's products unless they are persuaded to do so through selling efforts. Hence organizations should undertake selling and promotion of their product for marketing success. Unsought goods are the goods or products that customers do not know about or do not think of buying.
Question 7
1 / -0

Training in the following aspects are additional benefits for the personal managers qualification ________.

A
psychological aspects and labour legislation

B
personnel management and general management

C
psychology and general management

D
both (A) and (B)
Question 8
1 / -0

The national institute of labour management was established on _______.

A
26th January, 1950

B
26th January, 1960

C
26th January, 1967

D
26th January, 1970
Question 9
1 / -0

Which of the following is not a function normally performed by the HR department?

A
Employee relation

B
Training and Development

C
Accounting

D
Recruitment and Selection
Question 10
1 / -0

The royal commission on labour in india (1929-31) recommended _________.

A
the employment of a labour officer

B
the execution of the jobber from engagement and dismissal of labour

C
both (A) and (B)

D
none of the above

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Re-Attempt Weekly Quiz Competition

Fundamentals Areas of Business Test 7

Result

Fundamentals Areas of Business Test 7

Score

-

Rank

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SHARING IS CARING

Question 1

I and IV are correct

I, II and IV are correct

I, II and III are correct

All are correct

Question 2

market targeting

market positioning

market segmentation

market strategy

Solution

Question 3

Job evaluation

Performance appraisal

Sales promotion

Job enrichment

Question 4

$$1, 2, 3, 4$$

$$1, 2, 3, 5$$

$$2, 3, 4, 5$$

$$1, 3, 4, 5$$

Question 5

To guide the activities of the firm towards common goal

To guide the activities of the entrepreneur towards common goal

Principles of operation adopted by the management

All the above

Question 6

convenience goods

shopping goods

speciality goods

unsought goods

Solution

Question 7

psychological aspects and labour legislation

personnel management and general management

psychology and general management

both (A) and (B)

Question 8

26th January, 1950

26th January, 1960

26th January, 1967

26th January, 1970

Question 9

Employee relation

Training and Development

Accounting

Recruitment and Selection

Question 10

the employment of a labour officer

the execution of the jobber from engagement and dismissal of labour

both (A) and (B)

none of the above

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My Perfomance

Score

-

Rank

-

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