Business Administration Paper – 2006 Solved MCQs Competitive Exams Set 2

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(13) Which of the following is NOT one of the four specific drivers that underpin the new economy?

a. Industry convergence

b. Disintermediation and reintermediation

c. Customer delivered value

d. Customization and customerization

e. Digitalization and connectivity

Answer: (c)

(14) ________ lays out the target markets and viable propositions that organization will offer based on an analysis of the best market opportunities

a. the strategic market plan

b. the portfolio analysis

c. the human resource plan

d. the tactical marketing plan

e. marketing research

Answer: (a)

15) the attractiveness of a market offering is based:

a. on the product, its placement, its price and its promotion

b. on the match between customer needs and wants and distribution and pricing of the product

c. almost entirely on the product being offered

d. on product features and quality, services mix and quality, and price appropriateness

e. entirely on the match between perceived product and actually product

Answer: (b)

16) high levels of efforts are unlikely to lead to favorable job performance unless:

a. technology is also considered

b. quality of the effort is also considered

c. team work is also considered

d. management efforts are also considered

Answer: (b)

17) In order to bring about effective organizational change, changes in technology need to be accompanied by making changes in ________:

a. Strategies

b. Structure

c. People

d. Both (b) and (c)

Answer: (b)

18) A capital investment is one that:

a. has the prospect of short term benefits

b. has the prospect of long term benefits

c. Is only undertaken by large corporations with large amounts of capital

d. applies only to investment is fixed assets

Answer: (b)

19) If the general level of interest rates rises, the prices of already issue bonds will:

a. Rise

b. Remain unchanged

c. Fall

d. Fluctuate

Answer: (c)

20) If the EOQ for an item decreases, the average level of inventory will:

a. Decrease

b. Increase

c. Remain the same

d. There is no relationship between EOQ and inventory levels

Answer: (a)