Converting symbols, signs or pictures into meaning is known as __________.

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A. Sender
B. receiver
C. encoding
D. decoding
✅ The correct answer is option D.
Converting symbols, signs or pictures into meaning is known as decoding. Decoding is the process of converting code into plain text or any format that is useful for subsequent processes. Decoding is the reverse of encoding.

1804. ____________ is defined as communication with large numbers of customers at the same time.

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A. Personal selling
B. Sales promotion
C. Mass selling
D. All of the above
✅ The correct answer is option C.
Mass selling is defined as communication with large numbers of customers at the same time. Mass marketing is a market strategy in which a firm decides to ignore market segment differences and appeal the whole market with one offer or one strategy, which supports the idea of broadcasting a message that will reach the largest number of people possible.

In a job application. Which of the following statement is True(T) or False(F) are given below. 1. Write the name of the person who you are addressing in the salutation. 2. Write the vacancy you are applying for in the subject. 3. After your signature there is no need to write your full name clearly.

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A. TFT
B. FTF
C. FFT
D. TFF
✅ The correct answer is option B.
1. Do not write the name of the person who you are addressing in the salutation.

2. Write the vacancy you are applying for in the subject.

3. After your signature it is compulsory to write your full name clearly.

1800. Which of the following is not an example of a managerial mindset?

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A. Analytic
B. Reflective
C. Competent
D. Co-operative
✅ The correct answer is option C.
Competent is not an example of a managerial mindset. A worldly mindset helps you operate in diverse regions, with the cultural and social insights needed to serve varied customers. Managing relationships (collaborative mindset).

1828. What is the sequence of steps for the service recovery process?

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A. Anticipating customer needs, acknowledging their feelings, Apologising and Owning the responsibility, Offering alternatives, making amends
B. Acknowledging their feelings, Apologising and Owning the responsibility , making amends, anticipating customer needs, offering alternatives
C. Acknowledging their feelings, Apologising and owning the responsibility, offering alternatives, making amends, anticipating customer needs
D. Acknowledging their feelings, offering alternatives, Apologising and owning the responsibility, making amends, anticipating customer needs
✅ The correct answer is option C.
Acknowledging their feelings, Apologising and owning the responsibility, offering alternatives, making amends, anticipating customer needs is the sequence of steps for the service recovery process.

Financial instrument which is used to raise funds for working capital is considered as

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A. commercial paper
B. commercial notes
C. notes payable
D. notes receivable
✅ The correct answer is option A.
Financial instrument which is used to raise funds for working capital is considered as commercial paper. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.

1824. What does SPACE stand for?

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A. Sales, Position, and ACtion Evaluation
B. Strategic Profit And Credit Evaluation
C. Sales, Profit, ACtion and Evaluation
D. Strategic Position and ACtion Evaluation
✅ The correct answer is option D.
SPACE stand for Strategic Position and Action Evaluation. It is “an approach to hammer out an appropriate strategic posture for a firm and its individual business.”

Issued bond which is considered as hybrid bond is called

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A. non-convertible bonds
B. premium convertible bonds
C. discount convertible bonds
D. convertible bonds
✅ The correct answer is option D.
Issued bond which is considered as hybrid bond is called convertible bonds. A convertible bond is a fixed-income debt security that yields interest payments, but can be converted into a predetermined number of common stock or equity shares. The conversion from the bond to stock can be done at certain times during the bond’s life and is usually at the discretion of the bondholder.

1820. As for maximization in assignment problem, the objective is to maximize the ___________.

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A. Profit
B. optimization
C. cost
D. None of the above
✅ The correct answer is option A.
As for maximization in assignment problem, the objective is to maximize the Profit. An assignment problem is a particular case of transportation problem where the objective is to assign a number of resources to an equal number of activities so as to minimize total cost or maximize total profit of allocation.

1818. Practice of seller to charge higher price for same market offering is classified as

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A. peak-load pricing
B. elastic pricing
C. elastic demand
D. inelastic demand
✅ The correct answer is option A.
Practice of seller to charge higher price for same market offering is classified as peak-load pricing. The Peak Load Pricing is the pricing strategy wherein the high price is charged for the goods and services during times when their demand is at peak.