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- Question
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
Options- A. Tavex
- B. Tex
- C. Texco
- D. Domotex
- Correct Answer
- Tex
- 1. How much loan amount was sanctioned by The World Bank to help India develop its first modern waterway?
Options- A. $575 million
- B. $275 million
- C. $375 million
- D. $475 million Discuss
- 2. Product costs are also called
Options- A. Inventoriable Costs
- B. Voluntary Costs
- C. Vulnerable Costs
- D. None of the above Discuss
- 3. A monopoly is a market that has
Options- A. single seller
- B. single buyer
- C. single seller and single buyer
- D. a seller but no buyer Discuss
- 4. The Business Entity concept means that Discuss
- 5. Which of the following does not motivate entrepreneurs?
Options- A. Security
- B. Profit
- C. Freedom
- D. Innovation Discuss
- 6. Black markets are associated with
Options- A. Price floors and the resulting product shortages
- B. Ceiling prices and the resulting product shortages
- C. Price floors and the resulting product surpluses
- D. Ceiling prices and the resulting product surpluses Discuss
- 7. An improvement in production technology will
Options- A. shift the supply curve to the left
- B. shift the demand curve to the left
- C. shift the supply curve to the right
- D. increase equilibrium price Discuss
- 8. The advantages of being an entrepreneur are
Options- A. making the important decisions
- B. you choose the work you like to do
- C. opportunity to be your own boss
- D. All of the above Discuss
- 9. A person should consume more of something when its marginal cost
Options- A. Benefit exceeds its marginal cost
- B. Marginal cost exceeds its benefit
- C. Benefit deceeds its marginal cost
- D. None of the above Discuss
- 10. Performance goals are used to
Options- A. measure productivity
- B. determine a worker's attitude
- C. measure effectiveness, but not efficiency
- D. communicate nonverbally Discuss
Business Awareness problems
Search Results
Correct Answer: $375 million
Correct Answer: Inventoriable Costs
Explanation:
Product costs are also called Inventoriable Costs, since the product costs are used to value their goods in inventory.
Correct Answer: single seller
Explanation:
A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.
Correct Answer: The Business Entity concept is also called as Separate Entity or Economic Entity concept This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions
Correct Answer: Security
Explanation:
Security in a business does not motivate entrepreneurs. An entrepreneurs primary motivation to start a business is to be independent.
Correct Answer: Ceiling prices and the resulting product shortages
Correct Answer: shift the supply curve to the right
Explanation:
An improvement in production technology will shift the supply curve to the right.
Correct Answer: All of the above
Correct Answer: Benefit exceeds its marginal cost
Correct Answer: measure productivity
Explanation:
Performance goals are used to measure productivity.
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