Discussion
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- Question
The price elasticity of supply measures how
- Correct Answer
- The price elasticity of supply measures how the responsiveness of the quantity demanded of a commodity to changes it its prices; defined as the percentage change in quantity demanded divided by the percentage change in price
- 1. One of the following companies does have business interest in both oil and shipping sectors. Identify this.
Options- A. Tata Group
- B. Reliance Group
- C. Essar Group
- D. ONGC Discuss
- 2. 'River' Brand of MP3 player has been launched in india by Salora International. The Brand which is competing with apple's ipod is owned by which company?
Options- A. ReignCom
- B. TEAc
- C. Toshiba
- D. Panasonic Discuss
- 3. Times of India group is set to launch a 24-hour news channel in alliance with which international media entity?
Options- A. Wall street Journal
- B. Reuters
- C. BBC
- D. Associated Press Discuss
- 4. Iveco, Part of the Fiat group, holds 15 per cent stake in an Indian automobile company. The company in the question is
Options- A. AShok Leyland
- B. Hindustan Motors
- C. Tata Motors
- D. Eitcher Discuss
- 5. Brazil-based bus body maker Marcopolo has entered into a Joint venture with which Indian Company to manufacture fully-built buses and coaches?
Options- A. Swaraz Mazda
- B. Ashok Leyland
- C. Eicher
- D. Tata Motors Discuss
- 6. Sales commissions are classified as
Options- A. Period costs
- B. Product costs
- C. Indirect labour
- D. Overhead costs Discuss
- 7. Which of the following is not an Indian Pharma Company?
Options- A. Ranbaxy
- B. Pfizer
- C. Cipla
- D. Nicholas Pirmal Discuss
- 8. 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
Options- A. Unocol
- B. Shell
- C. British Petroleum
- D. Cairn Energy Discuss
- 9. Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?
Options- A. Bharti Televenture
- B. Hutch
- C. Idea
- D. Reliance Telecom Discuss
- 10. India's Largest tractor manufacture Mahindra & Mahindra had recently made a take over bid on a European company, Universal Tractors. The Company is based in
Options- A. England
- B. Finland
- C. Norway
- D. Romania Discuss
Business Awareness problems
Search Results
Correct Answer: Essar Group
Correct Answer: ReignCom
Correct Answer: Reuters
Correct Answer: AShok Leyland
Correct Answer: Tata Motors
Correct Answer: Period costs
Explanation:
A sales commission is money your small business pays an employee when she sells your products or services to customers. Sales commissions are classified as selling expenses which come under Period costs. A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets.
Correct Answer: Nicholas Pirmal
Correct Answer: Cairn Energy
Correct Answer: Bharti Televenture
Correct Answer: Romania
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