1582. The services a customer expects are called the ______service package.

by
A. Expected
B. Augmented
C. Primary
D. Secondary
✅ The correct answer is option C.
The services a customer expects are called the primary service package. This is a bundle of services that are sold together as a unit by a company. For example, a cleaning company might sell a basic service package that includes a weekly cleaning for a month.

111. Under which control system only extra ordinary or exceptional deviations are reported to management for remedial action

by
A. MBE
B. MBO
C. MBS
D. MBP
✅ The correct answer is option A.
Under MBE control system only extra ordinary or exceptional deviations are reported to management for remedial action. Management by exception is one of the many management practices or styles. It provides you with a specific type of framework that guides the way your management goes about planning, organizing, and controlling, i.e. the core management functions. It provides a set of processes and principles you choose to follow and implement in your management.

Security which has characteristics of common stock and bonds both at same time is classified as

by
A. preferred stock
B. voted stock
C. cumulative stock
D. fundamental stock
✅ The correct answer is option A.
Security which has characteristics of common stock and bonds both at same time is classified as preferred stock. Preferred stock (also called preferred shares, preference shares or simply preferreds) is a form of stock which may have any combination of features not possessed by common stock including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.

139. A broad, general and written statement of a specific job based on the findings of an analysis is called as

by
A. Specific Job Design
B. Job Identification
C. Job Analysis
D. Job Description
✅ The correct answer is option C.
A broad, general and written statement of a specific job based on the findings of an analysis is called as Job Analysis. It generally includes duties, purpose, responsibilities, scope, and working conditions of a job along with the job’s title, and the name or designation of the person to whom the employee reports.

1569. Operations Research is a ____________.

by
A. Science
B. Art
C. Mathematics
D. Both A and B
✅ The correct answer is option D.
Operations Research is a Science and Art. Operations Research is an Art and Science It had its early roots in World War II and is flourishing in business and industry with the aid of computer Primary applications areas of Operations Research include forecasting, production scheduling, inventory control, capital budgeting, and transportation.

The transactions that came into being when borrowing and lending of excess money occurs are considered as

by
A. annual funds transaction
B. liable funds transactions
C. federal funds transaction
D. functional funds transaction
✅ The correct answer is option C.
The transactions that came into being when borrowing and lending of excess money occurs are considered as federal funds transaction. Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions deposit at regional Federal Reserve banks; these funds can be lent, then, to other market participants with insufficient cash on hand to meet their lending and reserve needs.

Which exchange commenced trading in currency in 1982

by
A. Philadelphia
B. Mexican peso
C. Bimsetallism
D. Smithsonian
✅ The correct answer is option A.
Philadelphia exchange commenced trading in currency in 1982. In 1982, stock exchanges of Montreal and Philadelphia introduced standardised currency options. Thereafter, Chicago Mercantile Exchange, LIFFE of London, Sydney Futures Exchange, MATIF of Paris and some others started trading in standardised currency Options

Bid-ask spread in foreign exchange market is the

by
A. price of currency in foreign exchange market
B. difference between bid and ask quotes for a currency
C. price at which a bank will buy a currency
D. price a bank will pay for a currency
✅ The correct answer is option B.
Bid-ask spread in foreign exchange market is the difference between bid and ask quotes for a currency. A bid-ask spread is the amount by which the ask price exceeds the bid price for an asset in the market. The bid-ask spread is essentially the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept.

1561. What must the strategic visionary leader avoid in order to ensure the prolonged success of a strategy?

by
A. Becoming blinkered by the success of one strategy to the detriment of others
B. Depending too heavily on colleagues
C. Becoming too ambitious
D. Being adaptable
✅ The correct answer is option A.
Becoming blinkered by the success of one strategy to the detriment of others must be the strategic visionary leader avoid in order to ensure the prolonged success of a strategy.