72. A leader motivates his followers to work hard by offering them rewards is _________.

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A. positive style
B. negative style
C. autocratic style
D. democratic style
✅ The correct answer is option C.
A leader motivates his followers to work hard by offering them rewards is autocratic style. Autocratic leadership, also known as authoritarian leadership, is a leadership style characterized by individual control over all decisions and little input from group members. Autocratic leaders typically make choices based on their ideas and judgments and rarely accept advice from followers.

960. Fourth step in decision making process is

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A. linear correlation
B. making decisions
C. implement decisions
D. evaluate performance
✅ The correct answer is option B.
Fourth step in decision making process is making decisions. Decision Making Process helps manager and other professional to make choices by examining a decision , collecting information for solving problem.

Convertibility of a currency is indicated by its

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A. Conversion at market rates
B. Conversion at market rates, but subject to quantity restriction by government
C. Conversion at market rate without any quantitative restriction by government
D. Conversion at official rate
✅ The correct answer is option C.
Convertibility of a currency is indicated by its conversion at market rate without any quantitative restriction by government. Currency convertibility is important for international commerce as globally sourced goods must be paid for in an agreed upon currency that may not be the buyer’s domestic currency.

A merely household organization may be influenced by exchange rate variations if it faces at slightest some

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A. Domestic Competition
B. Foreign competition
C. Joint ventures
D. All of answers are correct
✅ The correct answer is option B.
A merely household organization may be influenced by exchange rate variations if it faces at slightest some foreign competition. Foreign competition is a viable alternative for customers, it would lessen a dominant firm’s ability to exercise market power post-merger.

991. An effective mission statement is all of the following except

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A. It reflects judgments about future growth directions that are based upon forward-looking external and internal analyses
B. It provides useful criteria for selecting among alternative strategies
C. It provides a basis for generating and screening strategic options
D. It is static in orientation
✅ The correct answer is option D.
An effective mission statement is all of the following except it is static in orientation. To be effective, mission statements need to clarify the intentions of the business while being inspirational and meaningful to customers and employees. Successful mission statements may take time to create, but when they are developed correctly, they provide a company with clear direction and purpose.

989. An actual rate paid to labour is greater than budgeted rate, it means that the

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A. cost is unfavourable
B. variance is unfavourable
C. variance is favourable
D. cost is favourable
✅ The correct answer is option B.
An actual rate paid to labour is greater than budgeted rate, it means that the variance is unfavourable, the variance is unfavorable since the company paid more than what it expected. A price variance is the difference between the actual revenue or cost and the budgeted revenue or cost because of a difference between the actual unit price and the budgeted unit price.

987. A network of organizations used for procuring raw materials, transforming these materials into products, and distributing the products to customers is called _____________________.

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A. Value chain
B. Supply chain
C. Enterprise system
D. Process chain
✅ The correct answer is option B.
A network of organizations used for procuring raw materials, transforming these materials into products, and distributing the products to customers is called Supply chain. A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources.

985. ________ system uses the condition concept for processing.

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A. Object based
B. Rule based
C. Frame based
D. Case based
✅ The correct answer is option C.
Frame based system uses the condition concept for processing. In frame-based processing, blocks process data one frame at a time. Each frame of data contains sequential samples from an independent channel. Each channel is represented by a column of the input signal.