1126. In __________ strategy firms try to achieve a high levels of local responsiveness by making their product or service offering to the requirement of the countries they operate

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A. Global
B. Multidomestic
C. International
D. Transnational
✅ The correct answer is option B.
In Multidomestic strategy firms try to achieve a high levels of local responsiveness by making their product or service offering to the requirement of the countries they operate. A multidomestic strategy is an international marketing approach that chooses to focus advertising and commercial efforts on the needs of a local market rather than taking a more universal or global approach.

1123. Fundamental redesigning and rethinking of business processes to improve critical measures such as quality, speed, cost and customer satisfaction is called

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A. reengineering
B. differentiation
C. bargaining
D. targeting
✅ The correct answer is option A.
Fundamental redesigning and rethinking of business processes to improve critical measures such as quality, speed, cost and customer satisfaction is called reengineering. Reengineering is most commonly defined as the redesign of business processes and the associated systems and organizational structures to achieve a dramatic improvement in business performance.

1120. Difference between an actual budget and corresponding amount in static budget is classified as

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A. correspondent budget
B. full budget variance
C. methodology variance
D. static budget variance
✅ The correct answer is option D.
Difference between an actual budget and corresponding amount in static budget is classified as static budget variance. Static budget variances are the differences between what a company or individual thought it would spend in its budget versus what it actually did.

Bond holder can make profit by returning bonds and exchanging with other securities if market value with conversion value

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A. exceed non-convertible value
B. exceed collateral value
C. exceed mortgage value
D. exceeds market value of bond
✅ The correct answer is option D.
Bond holder can make profit by returning bonds and exchanging with other securities if market value with conversion value exceeds market value of bond. In exchange, the company pays an interest “coupon” (the annual interest rate paid on a bond, expressed as a percentage of face value) at predetermined intervals (usually annually or semiannually) and returns the principal on the maturity date, ending the loan.

If equilibrium interest rate increases and curve of funding supplied shifts to left then impact on spending is

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A. increase in near term
B. decrease in near term
C. increase in long term
D. decrease in long term
✅ The correct answer is option A.
If equilibrium interest rate increases and curve of funding supplied shifts to left then impact on spending is increase in near term. The equilibrium interest rate is the rate at which the quantity of money demanded is equal to the quantity of money supplied. The Federal Reserve can alter the equilibrium interest rate by adjusting the supply of money. The demand for money and supply of money can be graphed to determine the equilibrium interest rate.

The type of market in which Eurodollar are traded is classified as

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A. brokerage market
B. contraction market
C. expansion market
D. Eurodollar market
✅ The correct answer is option D.
The type of market in which Eurodollar are traded is classified as Eurodollar market. The term eurodollar refers to U.S. dollar-denominated deposits at foreign banks or at the overseas branches of American banks. Because they are held outside the United States, eurodollars are not subject to regulation by the Federal Reserve Board, including reserve requirements.

1149. An organization’s ability to offer market offerings at lower prices, in comparison with its competitors is known as

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A. inelastic demand
B. product differentiation
C. cost leadership
D. elastic demand
✅ The correct answer is option C.
An organization’s ability to offer market offerings at lower prices, in comparison with its competitors is known as cost leadership. Cost Leadership is the mechanism of establishing a competitive advantage by having the lowest cost of operation in the industry.

98. A number of benefits can be derived from using E-recruiting, these include

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A. it decreases the effectiveness of the recruitment process by reaching larger numbers of qualified people
B. it increases recruitment costs, it decreases and streamlines the administrative process cycle times
C. it does not allow the company to evaluate the success of its recruitment strategy
D. it increases the effectiveness of the recruitment process by reaching larger numbers of qualified people
✅ The correct answer is option D.
A number of benefits can be derived from using E-recruiting, it increases the effectiveness of the recruitment process by reaching larger numbers of qualified people. Advantages of the Internet recruitment include lower recruiting costs, faster recruiting cycle, higher caliper recruits and increased audience reach. Potential barriers to Internet recruitment include the digital divide, limited Internet access, usage problems and flawed infrastructure.

Legal document required by Securities Exchange Commission stating associated risks and detailed description of issues is classified as

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A. prospectus
B. stated document
C. risk detailed document
D. exchange commission document
✅ The correct answer is option A.
Legal document required by Securities Exchange Commission stating associated risks and detailed description of issues is classified as prospectus. A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering for sale to the public. A prospectus is filed for stock, bond, and mutual fund offerings.