955. Difference between variable cost per unit and selling price can be classified as

by
A. contribution margin per unit
B. variable margin per unit
C. selling margin per unit
D. sale per unit
✅ The correct answer is option A.
Difference between variable cost per unit and selling price can be classified as contribution margin per unit. Contribution margin per unit is the net amount that each additional unit sold contributes towards a company’s fixed costs and profit.

IMF was created in

by
A. 1941
B. 1945
C. 1943
D. 1944
✅ The correct answer is option D.
IMF was created in 1944. International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity (access to hard currencies).

71. Planning is looking ahead and control is_________.

by
A. looking back
B. looking front
C. looking sideward
D. looking down
✅ The correct answer is option A.
Planning is looking ahead and control is looking back. Planning is the fundamental management function, which involves deciding beforehand, what is to be done, when is it to be done, how it is to be done and who is going to do it.

946. The five forces model developed by ________ has been the most commonly used analytical tool for examining competitive environment

by
A. Michnal E Porter
B. Lewis Charter
C. Barrywell
D. Schwiz
✅ The correct answer is option A.
The five forces model developed by Michnal E Porter has been the most commonly used analytical tool for examining competitive environment. This is useful, because, when you understand the forces in your environment or industry that can affect your profitability, you’ll be able to adjust your strategy accordingly.

A creative way to brainstorm, plan, and put your vision into action is to use a(an) ____________.

by
A. Mind map
B. Visualization
C. Time log
D. To-do list
✅ The correct answer is option A.
A creative way to brainstorm, plan, and put your vision into action is to use a Mind map. A mind map is a tool for the brain that captures the thinking that goes on inside your head. Mind mapping helps you think, collect knowledge, remember and create ideas.

Votes for each stock holder were multiplied to number of elected directors to calculate

by
A. number of cumulative class
B. number of votes assigned
C. number of elective candidates
D. number of common stock shares
✅ The correct answer is option B.
Votes for each stock holder were multiplied to number of elected directors to calculate number of votes assigned.

Situation in which claims by financial institutions than claims issued by corporations is more considerable for investors is classified as

by
A. asset transformers
B. liability transformers
C. issuing transformers
D. claiming transformers
✅ The correct answer is option A.
Situation in which claims by financial institutions than claims issued by corporations is more considerable for investors is classified as asset transformers. Asset transformation is the process of creating a new asset (loan) from liabilities (deposits) with different characteristics by converting small denomination, immediately available and relatively risk free bank deposits into loans–new relatively risky, large denomination asset–that are repaid following a set schedule.

934. Which of the following is not a characteristic of the LP model?

by
A. Alternative courses of action
B. An objective function of maximization type
C. Limited amount of resources
D. Non-negativity condition on the value of decision variables.
✅ The correct answer is option B.
An objective function of maximization type is not a characteristic of the LP model. The objective of linear programming is to: “maximize or to minimize some numerical value.

932. What kind of training program is most appropriate for a simple task?

by
A. on-the-job training
B. vestibule training
C. laboratory training
D. away-from-the-job training
✅ The correct answer is option A.
On-the-job training kind of training program is most appropriate for a simple task. On-the-job training, also known as OJT, is a hands-on method of teaching the skills, knowledge, and competencies needed for employees to perform a specific job within the workplace. Employees learn in an environment where they will need to practice the knowledge and skills obtained during their training.

930. ____ system provide information in easy to use displays to top and = middle management.

by
A. Decision
B. Management
C. Executive
D. Expert
✅ The correct answer is option C.
Executive system provide information in easy to use displays to top and = middle management. An Executive Information System (EIS) represents a type of Management Information System (MIS) whose purpose is to facilitate access to information and support executive management in the decision-taking process, by offering internal and external information, relevant in reaching the organization strategic objectives.