1206. Budget which is planned around a single output level is called

A. marketing budget
B. methodological budget
C. static budget
D. varied budget
✅ The correct answer is option C.
Budget which is planned around a single output level is called static budget. A static budget is a type of budget that incorporates anticipated values about inputs and outputs that are conceived before the period in question begins.

1203. An insensitivity of demand in relevance to change in price will be called

A. demand elasticity
B. price elasticity
C. price inelasticity
D. demand inelasticity
✅ The correct answer is option D.
An insensitivity of demand in relevance to change in price will be called demand inelasticity. Inelastic demand is when the buyer’s demand does not change as much as the price changes.

1237. Contribution margin per unit is multiplied to number of units sold to calculate

A. revenue margin
B. variable margin
C. contribution margin
D. divisor margin
✅ The correct answer is option C.
Contribution margin per unit is multiplied to number of units sold to calculate contribution margin. Contribution margin is a product’s price minus all associated variable costs, resulting in the incremental profit earned for each unit sold. The total contribution margin generated by an entity represents the total earnings available to pay for fixed expenses and to generate a profit.

85. Leadership behaviour is influenced by certain qualities of a person is __________.

A. Followers theory
B. Trait theory
C. Situational theory
D. Managerial grid
✅ The correct answer is option B.
Leadership behaviour is influenced by certain qualities of a person is Trait theory. The trait theory of leadership is an early assumption that leaders are born and due to this belief, those that possess the correct qualities and traits are better suited to leadership. This theory often identifies behavioural characteristics that are common in leaders.

Thin trading of municipal bonds in secondary markets is because of

A. excess of information
B. lack of information
C. frequent information
D. infrequent information
✅ The correct answer is option B.
Thin trading of municipal bonds in secondary markets is because of lack of information. Municipal bonds are loans investors make to local governments. They are issued by cities, states, counties, or other local governments. For that reason, the interest they pay on the bonds is tax-free.

1227. In network the different communication are interconnected by using a communication processors called a _____.

A. Protocols
B. Gateway
C. Multiplexers
D. Router
✅ The correct answer is option B.
In network the different communication are interconnected by using a communication processors called a Gateway. A gateway is a hardware device that acts as a “gate” between two networks. It may be a router, firewall, server, or other device that enables traffic to flow in and out of the network. While a gateway protects the nodes within network, it also a node itself.

1225. Good marketing is no accident, but a result of careful planning and ________.

A. Execution
B. Selling
C. Strategies
D. Research
✅ The correct answer is option A.
Good marketing is no accident but a result of careful planning and execution of proper tools and techniques. It is generally said that company do better marketing because of customer response and it’s a just accidental action. Good marketing is a mental exercise in which markets need to think of future at present.