122. Formulating and executing HR systems that produce employee competencies and behaviors needed to achieve the company’s strategic aims is (are):

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A. Strategic HR Management
B. Strategy execution
C. HR strategies
D. Strategic implementation
✅ The correct answer is option A.
Formulating and executing HR systems that produce employee competencies and behaviors needed to achieve the company’s strategic aims is Strategic HR Management. Strategic human resource management is the practice of attracting, developing, rewarding, and retaining employees for the benefit of both the employees as individuals and the organization as a whole. As a result, the goals of a human resource department reflect and support the goals of the rest of the organization.

1376. A company designs the product with little or no input from customers, the company is practicing which of the following concept?

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A. Product concept
B. Marketing concept
C. Selling concept
D. Production concept
✅ The correct answer is option A.
A company designs the product with little or no input from customers, the company is practicing Product concept. The idea of production concept – “Consumers will favor products that are available and highly affordable”. This concept is one of the oldest Marketing management orientations that guide sellers.

1373. Balanced scorecard perspective measures company’s success in targeted segments of customers, this perspective can also be classified as

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A. internal business process perspective
B. customer perspective
C. learning perspective
D. financial perspective
✅ The correct answer is option B.
Balanced scorecard perspective measures company’s success in targeted segments of customers, this perspective can also be classified as customer perspective. Customer perspective measures consider the organization’s performance through the eyes of its customers, so that the organization retains a careful focus on customer needs and satisfaction.

121. The following is (are) included in salary survey.

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A. Average salary
B. Inflation indicators
C. Salary budget averages
D. All of the above
✅ The correct answer is option D.
Average salary, Inflation indicators and Salary budget averages are included in salary survey. Salary surveys are typically conducted with numerous Organisations in a given employment sector or industry in order to determine levels of pay for specific job groups or classifications.

Residual claims, limited rights, limited liability and dividend payments on discrete basis are considered as

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A. characteristics of fundamental stock
B. characteristics of claimed stock
C. characteristics of common stock
D. characteristics of preferred stock
✅ The correct answer is option C.
Residual claims, limited rights, limited liability and dividend payments on discrete basis are considered as characteristics of common stock. Common stock is a security that represents ownership in a corporation. Holders of common stock exercise control by electing a board of directors and voting on corporate policy.

In business, the purpose of writing is mainly to

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A. entertain
B. Both inform and persuade
C. persuade
D. inform
✅ The correct answer is option B.
In business, the purpose of writing is mainly to both inform and persuade. The most popular are to inform, to entertain, to explain, or to persuade. However, there are many more including to express feelings, explore an idea, evaluate, mediate, problem solve, or argue for or against an idea. Writers often combine purposes in a single piece of writing.

_________ is an organized portfolio of formal systems for obtaining processing and delivering information in support of the business operations and management of an organization.

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A. MIS
B. DSS
C. MRS
D. none of the above
✅ The correct answer is option A.
MIS is an organized portfolio of formal systems for obtaining processing and delivering information in support of the business operations and management of an organization. MIS is the use of information technology, people, and business processes to record, store and process data to produce information that decision makers can use to make day to day decisions. MIS is the acronym for Management Information Systems.

1396. MIS can provide ______________.

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A. Past information
B. Present information
C. Future information
D. All of the above
✅ The correct answer is option D.
MIS can provide Past information, Present information and Future information. In order to provide past, present and prediction information, a management information system can include software that helps in decision making, data resources such as databases, the hardware resources of a system, decision support systems, people management and project management applications.

1394. In database, table is made of _______.

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A. fields and records
B. data and information
C. cell and borders
D. text and images
✅ The correct answer is option A.
In database, table is made of fields and records. A database table is composed of records and fields that hold data. Tables are also called datasheets. Each table in a database holds data about a different, but related, subject. Data is stored in records.