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- Question
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
- Correct Answer
- overseeing and limiting businesses
- 1. 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
- 2. Smoke alarms are only necessary in the workplace.
Options- A. TRUE
- B. FALSE Discuss
- 3. Which of the following BPO companies is wholly-owned subsidiary of polaris Software?
Options- A. Spectramind
- B. Drogeon
- C. WNS
- D. Optimus Discuss
- 4. 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
- 5. 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
- 6. 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
- 7. Quality assurance is an example of which process?
Options- A. Testing
- B. Manufacturing
- C. Delivering
- D. None of the above Discuss
- 8. 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
- 9. The purpose of safety stock is to
Options- A. eliminate the possibility of a stockout
- B. control the likelihood of a stockout due to the variability of demand during lead time
- C. replace failed units with good ones
- D. eliminate the likelihood of a stockout due to erroneous inventory tally Discuss
- 10. Fixed cost per unit increases when
Options- A. variable cost per unit decreases
- B. production volume decreases
- C. variable cost per unit increases
- D. production volume increases Discuss
Business Awareness problems
Search Results
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: FALSE
Explanation:
Smoke alarms are also necessary in public places like banks, theaters, rest rooms, aeroplanes,...
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: 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.
Correct Answer: control the likelihood of a stockout due to the variability of demand during lead time
Explanation:
The purpose of safety stock is to control the likelihood of a stockout due to the variability of demand during lead time. Stockouts contribute to the direct loss of any type of business.
Correct Answer: production volume decreases
Explanation:
Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.
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