1606. Ben & Jerry had four market-product strategies to expand sales. They included (1) market penetration, (2) product development, (3) market development and:

by
A. current customer retention
B. defensive synergy
C. diversification
D. product simplification
✅ The correct answer is option C.
Ben & Jerry had four market-product strategies to expand sales. They included (1) market penetration, (2) product development, (3) market development and (4) diversification.

Up-front fee which must be paid by buyer to seller is called

by
A. call premium
B. discount premium
C. strike premium
D. exercise premium
✅ The correct answer is option A.
Up-front fee which must be paid by buyer to seller is called call premium. Call premium is the dollar amount over the par value of a callable debt security that is given to holders when the security is redeemed early by the issuer. The call premium is also called the redemption premium.

1600. What are core competences?

by
A. Resources which critically underpin competitive advantage and that others cannot obtain
B. Activities and processes needed to meet customers’ minimum requirements and therefore to continue to exist
C. Key skills required for success in a particular business
D. Activities that underpin competitive advantage and are difficult for competitors to imitate or obtain
✅ The correct answer is option D.
Core competences means activities that underpin competitive advantage and are difficult for competitors to imitate or obtain. Core competencies are the resources and capabilities that comprise the strategic advantages of a business. A modern management theory argues that a business must define, cultivate, and exploit its core competencies in order to succeed against the competition.

1637. Data about the performance of a system is ____________.

by
A. Marketing Data
B. Control
C. Meta Data
D. Feed Back
✅ The correct answer is option D.
Data about the performance of a system is Feed Back. Feedback occurs when outputs of a system are routed back as inputs as part of a chain of cause-and-effect that forms a circuit or loop. The system can then be said to feed back into itself.

What writing style is usually used in reports

by
A. Objective and detached
B. Personal and critical
C. Emotive and judgmental
D. Subjective and detached
✅ The correct answer is option A.
Objective and detached writing style is usually used in reports. It’s important to differentiate objective writing from subjective writing, which is writing that you cannot evaluate, calculate, or verify.

Pronouncing words clearly and correctly so that each sound can be heard

by
A. Enunciation
B. Verbal communication
C. Talking loudly
D. listening
✅ The correct answer is option A.
Enunciation is pronouncing words clearly and correctly so that each sound can be heard. Enunciation is saying words clearly and concisely. It is the act of properly saying each group of letters to make the correct sounds.

1631. If actual payment to labour is $1200 and budgeted rate is $1000, then labour price variance would be

by
A. less than zero
B. equal to zero
C. favourable
D. unfavourable
✅ The correct answer is option D.
If actual payment to labour is $1200 and budgeted rate is $1000, then labour price variance would be unfavourable. An unfavorable variance means that the cost of labor was more expensive than anticipated, while a favorable variance indicates that the cost of labor was less expensive than planned.

115. The process of dividing the large monolithic functional organization into small and flexible administrative units is called ________.

by
A. staffing
B. delegation
C. departmentation
D. control
✅ The correct answer is option C.
The process of dividing the large monolithic functional organization into small and flexible administrative units is called departmentation. Departmentation is a process of dividing the large monolithic functional organization into smaller and flexible administrative units.

114. Delegation of some of his duties by a subordinate to another subordinate of the same rank is called

by
A. oral delegation
B. written delegation
C. downward delegation
D. sideward delegation
✅ The correct answer is option D.
Delegation of some of his duties by a subordinate to another subordinate of the same rank is called sideward delegation. It takes place when a subordinate assigns some of his duties and authority to another subordinate of the same rank.