A binding price floor causes
1.Excess demand for the goods
2.Surplus supply of goods
3.Less supply of goods
4.No demand for the goods
A business organized as a corporation
1.Is owned by its stockholders
2. Has tax advantages over a proprietorship or partnership
3.Is not a separate legal entity in most states
4. Requires that stockholders be personally liable for the debts of the business
A market is said to be in equilibrium when
1. There is downward pressure on price
2.The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
3.All buyers are able to find sellers willing to sell to them at the current price
4. Supply equals demand
An example of an on premise establishment is
1. A local pub
2.A restaurant that sells mixed drinks
3.Both A & B
4.None of the above
An improvement in production technology will
1.shift the supply curve to the left
2.shift the demand curve to the left
3. shift the supply curve to the right
4.increase equilibrium price
Australia - based core banking software Financial Network Services (FNS) has been acquired by an indian comapny. Identify the company from the choices given below.
1.Wipro Technologies
2.Mindtree
3.Infosys
4.TCS
Brazil-based bus body maker Marcopolo has entered into a Joint venture with which Indian Company to manufacture fully-built buses and coaches?
1.Swaraz Mazda
2.Ashok Leyland
3.Eicher
4.Tata Motors
Cafe Coffee Day has entered into an agreement with which airlines carrier for becoming the single-point vend or supplying snacks and beverages on board?
1.Indian (Indian Airlines)
2.Air Sahara
3.Air Deccan
4.Kingfisher Airlines
Centralisation is said to exist if
1. Top Management retains most of the decision making authority
2.Authority is shared with Managers at lower levels
3.Employees at all levels are allowed to take initiative in work related matters
4. None of the above
Chennai-based FMCG company CavinKare has made an entry into homecare segment by launching a liquid toilet cleaner. The brand name of the toilet cleaner is
1.Tavex
2.Tex
3.Texco
4.Domotex
Effective sales management begins with
1. designing a compensation plan
2.determining sales goals
3.determining the most efficient structure for the sales force
4.specifying the sales force size
Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?
1.Bharti Televenture
2.Hutch
3.Idea
4. Reliance Telecom
Final goods and services refer to
1.goods and services purchased by ultimate users rather than for resale or further processing
2.goods and services whose value has been adjusted for changes in the price level
3.the excess of U.S. exports over U.S. imports
4.goods and services that are unsold and therefore added to inventories
In a Comprehensive settlement of Dabhol Power Project two American companies have agreed to transfer its share in the project. One of them is General Electric. Identify another one.
1. Exxon Mobile
2.Bechtel
3.Chevron
4.Unocal
In a first instance of foreign oil company planning to list in the Indian Capital market a well-known energy company has announced to go in for IPO to be listed on BSE. Name of the exploration and production company is
1.Unocol
2.Shell
3.British Petroleum
4.Cairn Energy
Indias Largest tractor manufacture Mahindra & Mahindra had recently made a take over bid on a European company Universal Tractors. The Company is based in
1.England
2.Finland
3.Norway
4.Romania
Innovation allows producers to
1.follow restrictions that the government imposes
2.offer warranties for all of their products
3.create goods that draw consumer attention
4. avoid competing with similar businesses
Iveco Part of the Fiat group holds 15 per cent stake in an Indian automobile company. The company in the question is
1.AShok Leyland
2.Hindustan Motors
3.Tata Motors
4.Eitcher
Khazanah is the state-owned investment holding arm of which country?
1.Singapore
2.Japan
3.Mauritius
4.Malaysia
Name the International Bank in which Temasek Holdings Pte Singapore s government - owned investment arm has announced to pick up 12 per cent stake.
1.Deutsche Bank
2.ABN Amro Bank
3.HSBC Bank
4.Standard Chartered Plc
Oligopolistic industries are characterized by
1.a few dominant firms and no barriers to entry
2.a large number of firms and low entry barriers
3. a few dominant firms and substantial entry barriers
4. a few dominant firms and low entry barriers
One of the following companies does have business interest in both oil and shipping sectors. Identify this.
1.Tata Group
2.Reliance Group
3.Essar Group
4.ONGC
Other things equal an improvement in productivity will
1.shift the aggregate demand curve to the left
2.shift the aggregate supply curve to the right
3.increase the equilibrium price level
4.shift the aggregate supply curve to the left
Ratio analysis can be useful for
1. Evaluate financial performance of a company
2.To improve profits of a company
3. Evaluate sales
4.None of the above
Regulatory policies protect consumers by
1.controlling the supply of money
2.providing public assistance programs
3. overseeing and limiting businesses
4.deciding how to tax and spend money
River Brand of MP3 player has been launched in india by Salora International. The Brand which is competing with apples ipod is owned by which company?
1.ReignCom
2.TEAc
3.Toshiba
4.Panasonic
Rockr a cell phone from Motorola that uses Apples iTunes software and stores up to 100 songs in its Flash memory has been launched by
1.Nokia
2.Samsung
3.Motorola
4.Bird
Sales promotions include all of the following except
1.Online Ads
2.Coupons
3.Free Samples
4.Rebates
Steel tycoo Laksmi Mittal has acquired minority stakes in which Indian financial service company?
1. Anand Rathi Financial Services
2.Indiabulls Credit Services
3.Farallon Capital
4.Kothari Pioneer
Sun life of Canada is operating in India in alliance with
1.AB Birla Group
2.Sahara Group
3.Bermans
4.Thapars
The ability of a corporation to obtain capital is
1.about the same as a partnership
2.enhanced because of limited liability and ease of share transferability
3.restricted because of the limited life of the corporation
4.less than a partnership
The basic goal of integrated marketing communications is to
1.communicate the value proposition to the target market
2.tell the world about your company
3.create desire
4.manipulate consumers
The factors that affect worker productivity include
1.expenditures for best practices training
2.base pay increases
3.the size of incentive payments per non-defective pair
4.All of the above
The primary goal of a business firm is to
1. maximize profit
2.increase its production
3.make a quality product
4. promote workforce job satisfaction
The purpose of safety stock is to
1.eliminate the possibility of a stockout
2.control the likelihood of a stockout due to the variability of demand during lead time
3. replace failed units with good ones
4.eliminate the likelihood of a stockout due to erroneous inventory tally
The task of any business is to deliver _ at a profit.
1. Customer value
2. Improved quality
3.Customer needs
4.Products and services
The term degrees of newness is associated with
1.total years of business experience
2.degree of design change
3. average length of time on the job
4.average age of employees
Titan industries has rolled out its own Swiss made premium watches in India under the brand Name of
1.Insignia
2.Xylys
3.Bvlgeri
4. Titan Sens
What is the main motive behind dealer incentives?
1. encouraging the maximum number of sales of the manufacturers products
2. to maintain a permanent deal
3.maintaining good dealer-manufacturer relationships
4. ensuring that the customer gets the best possible deal
What is the most direct cause of customer loyalty?
1.Friendly staff
2.High food safety standards
3.Good records
4.Delicious food
Which is Indias Largest BPO (Business Process Outsourcing) Company?
1.Piogeon
2.Spectramind
3.Technovate
4.None of these
Which of the following BPO companies is wholly-owned subsidiary of polaris Software?
1.Spectramind
2.Drogeon
3.WNS
4.Optimus
Which of the following companies is also present in other sectors like FMCG Electrical equipment apart from IT?
1.Polaris
2.Infosys
3.Wipro
4. Patni Computers
Which of the following has become the first telecom company to achieve the 15-million mark in subscriber base?
1.BSNL
2.Airtel
3.Reliance
4.Hutch
Which of the following is a function of money?
1. medium of exchange
2. store of value
3.unit of accounting
4.All options are correct
Which of the following is not an Indian Pharma Company?
1.Ranbaxy
2.Pfizer
3.Cipla
4.Nicholas Pirmal
Which of the following Stock exchanges is called Big Board?
1.Nasdaq
2.London Stock Exchange
3.New York Stock Exchange
4.Mumbai Stock Exchange
Which of these is an example of a labor law?
1.A town zones an area for residential buildings only
2.A restriction on when a union may call a strike
3.A surplus of supply
4. All of the above
Which one of the following statements with regard to Antrix Corporation Limited is correct?
1.It is a commercial arm of the Department of Industrial Policy and Promotion.
2.It is under the administrative control of the Department of Space.
3.It is under the administrative control of the Ministry of Health and Family Welfare.
4.It is a commercial arm of the Department of Science and Technology.
Which phase of DMAIC is designed to insure that the problem does NOT reoccur and that the new processes can be further improved over time?
1.Design
2.Control
3.Analyze
4.Improve