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- Question
Smoke alarms are only necessary in the workplace.
Options- A. TRUE
- B. FALSE
- Correct Answer
- FALSE
ExplanationSmoke alarms are also necessary in public places like banks, theaters, rest rooms, aeroplanes,...
- 1. Which of the following BPO companies is wholly-owned subsidiary of polaris Software?
Options- A. Spectramind
- B. Drogeon
- C. WNS
- D. Optimus Discuss
- 2. Which one of the following statements with regard to Antrix Corporation Limited is correct?
Options- A. It is a commercial arm of the Department of Industrial Policy and Promotion.
- B. It is under the administrative control of the Department of Space.
- C. It is under the administrative control of the Ministry of Health and Family Welfare.
- D. It is a commercial arm of the Department of Science and Technology. Discuss
- 3. Ratio analysis can be useful for
Options- A. Evaluate financial performance of a company
- B. To improve profits of a company
- C. Evaluate sales
- D. None of the above Discuss
- 4. The demand curve facing a perfectly competitive firm is
Options- A. Line sloping upwards
- B. Horizontal line
- C. Line sloping downwards
- D. Vertical line Discuss
- 5. A binding price floor causes
Options- A. Excess demand for the goods
- B. Surplus supply of goods
- C. Less supply of goods
- D. No demand for the goods Discuss
- 6. The term 'degrees of newness' is associated with
Options- A. total years of business experience
- B. degree of design change
- C. average length of time on the job
- D. average age of employees Discuss
- 7. Regulatory policies protect consumers by
Options- A. controlling the supply of money
- B. providing public assistance programs
- C. overseeing and limiting businesses
- D. deciding how to tax and spend money Discuss
- 8. Final goods and services refer to
Options- A. goods and services purchased by ultimate users, rather than for resale or further processing
- B. goods and services whose value has been adjusted for changes in the price level
- C. the excess of U.S. exports over U.S. imports
- D. goods and services that are unsold and therefore added to inventories Discuss
- 9. Quality assurance is an example of which process?
Options- A. Testing
- B. Manufacturing
- C. Delivering
- D. None of the above Discuss
- 10. An increase in the price of a good will
Options- A. decrease demand
- B. increase quantity demanded
- C. increase demand
- D. decrease quantity demanded Discuss
Business Awareness problems
Search Results
Correct Answer: Optimus
Correct Answer: It is under the administrative control of the Department of Space.
Explanation:
Antrix Corporation Limited (ACL), Bengaluru is a wholly owned Government of India Company under the administrative control of the Department of Space. Antrix Corporation Limited was incorporated as a private limited company owned by Government of India in September 1992 as a Marketing arm of ISRO for promotion and commercial exploitation of space products, technical consultancy services and transfer of technologies developed by ISRO. As the commercial and marketing arm of ISRO, Antrixis engaged in providing Space products and services to international customers worldwide.
Correct Answer: Evaluate financial performance of a company
Explanation:
Ratio analysis helps us to evaluate various aspects of a company's operating and financial performance such as its efficiency, liquidity, profitability and solvency. The trend of these ratios over time can be used to check whether they are improving or deteriorating.
Correct Answer: Horizontal line
Explanation:
The demand curve facing a perfectly competitive firm is a horizontal straight line equal to the equilibrium price of the entire market because a perfectly competitive firm can sell all units brought to market at the same price.
Correct Answer: Surplus supply of goods
Explanation:
A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.
A binding price ceiling is one that is set below equilibrium price.
Correct Answer: degree of design change
Explanation:
The term 'degrees of newness' is associated with degree of design change. How much the design changes that much newness comes in it.
Correct Answer: overseeing and limiting businesses
Correct Answer: goods and services purchased by ultimate users, rather than for resale or further processing
Explanation:
Final goods and services refer to goods and services that have been purchased for final use and that cannot be resaled.
Correct Answer: Testing
Explanation:
Quality assurance (QA) is a way of preventing mistakes and defects in manufactured products and avoiding problems when delivering solutions or services to customers.
Correct Answer: decrease quantity demanded
Explanation:
In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.
For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.
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