88. Porter and Lawler model of motivation is primary to

A. workers
B. directors
C. managers
D. supervisors
✅ The correct answer is option C.
Porter and Lawler model of motivation is primary to managers. The Porter and Lawler theory of motivation is based on the assumption that rewards cause satisfaction and that sometimes performance produces reward. They hypothesize that the relationship between satisfaction and performance is linked by another variable rewards.

1242. Which of the following statements is NOT true regarding corporate strategies?

A. They are concerned with the broad and more long-term issues of the organization
B. They are concerned with how the organization is going to compete in a specific business or industry
C. They are concerned with the direction the organization is headed
D. They are concerned with the business(es) that the organization is in and the businesses they want to be in
✅ The correct answer is option B.
They are concerned with how the organization is going to compete in a specific business or industry is not true regarding corporate strategies.

1240. Which of these questions is addressed by a mission statement?

A. What do we want to become?
B. What is our business?
C. How many employees must we have?
D. Who do we want to serve?
✅ The correct answer is option B.
What is our business? is addressed by a mission statement. A mission statement defines what an organization is, why it exists, its reason for being. At a minimum, your mission statement should define who your primary customers are, identify the products and services you produce, and describe the geographical location in which you operate.

1277. Contribution margin per unit is divided by contribution margin percentage to calculate

A. percentage price
B. margin price
C. contribute price
D. selling price
✅ The correct answer is option D.
Contribution margin per unit is divided by contribution margin percentage to calculate selling price. Selling price is the price at which a product or service is sold to the buyer.

Under the original scheme IMF, a member country had to obtain the permission of IMF for

A. any devaluation of its currency
B. any devaluation or revaluation of its currency
C. devaluation of its currency at a time exceeding 10%
D. devaluation of its currency exceeding cumulatively 10%
✅ The correct answer is option A.
Under the original scheme IMF, a member country had to obtain the permission of IMF for any devaluation of its currency. The IMF formally came into existence on 27 December 1945, when the first 29 countries ratified its Articles of Agreement. By the end of 1946 the IMF had grown to 39 members. On 1 March 1947, the IMF began its financial operations, and on 8 May France became the first country to borrow from it.

Promissory notes issued by company for short term fund raising and are unsecured are classified as

A. unsecured notes
B. debt paper
C. term paper
D. commercial paper
✅ The correct answer is option D.
Promissory notes issued by company for short term fund raising and are unsecured are classified 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.

1265. GUI stands for _______

A. Graphical User Interface
B. Graphical User Interactive
C. Graphical User Integration
D. Graphical User Inference
✅ The correct answer is option A.
GUI stands for Graphical User Interface. A Graphical User Interface is a computer interface that allows users to interact with a device through graphical elements such as pictures and animations, as opposed to text-based commands.