919. The _______________ has its own business strategy, objectives and competitors and these are often differ from parent company

A. Strategic Business Unit structure
B. Matrix structure
C. Divisional structure
D. None of given option
✅ The correct answer is option A.
The Strategic Business Unit structure has its own business strategy, objectives and competitors and these are often differ from parent company. A strategic business unit, popularly known as SBU, is a fully-functional unit of a business that has its own vision and direction. Typically, a strategic business unit operates as a separate unit, but it is also an important part of the company. It reports to the headquarters about its operational status.

The area where the goods are permitted to be imported and re-exported without any processing in the same form is called

A. Export Processing Zone
B. Free Trade Zone
C. Special Economic Zone
D. Agri Export Zone
✅ The correct answer is option D.
The area where the goods are permitted to be imported and re-exported without any processing in the same form is called Agri Export Zone. An Agri Export Zone or AEZ is a specific geographic region in a country demarcated for setting up agriculture based processing industries, mainly for export.

953. Innovation and quality can be seen as which form of management?

A. Marketing management
B. Financial management
C. Operations management
D. Human resource management
✅ The correct answer is option C.
Innovation and quality can be seen as Operations management. Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.

950. ___ sub system covers granting of credit and cost management

A. Accounting
B. Purchase
C. Personnel
D. Sales
✅ The correct answer is option A.
Accounting sub system covers granting of credit and cost management. Accounting may be sub-divided into several sub- systems of which financial accounting and cost and management accounting are very significant.

947. Decisions made by company, which products to manufacture and sell and in what quantities out, of many product lines are called

A. incremental decisions
B. outsource decisions
C. product mix decisions
D. in-source decisions
✅ The correct answer is option C.
Decisions made by company, which products to manufacture and sell and in what quantities out, of many product lines are called product mix decisions. Product mix decision refers to the decisions regarding adding a new or eliminating any existing product from the product mix, adding a new product line, lengthening any existing line, or bringing new variants of a brand to expand the business and to increase the profitability.

Requirement of certain amount of issued bond that must be retired every year is classified as

A. sinking fund provision
B. sinking fund premium
C. sinking fund discount
D. floating fund provision
✅ The correct answer is option A.
Requirement of certain amount of issued bond that must be retired every year is classified as sinking fund provision. A provision in some bond indentures requiring the issuer to put money aside to repay bondholders at maturity. In bonds with such a provision, a fund or account is set up into which an issuer deposits money on a regular basis to repay the bond when it matures.

941. ________________ monitors and control industrial processes.

A. Transaction Processing Systems
B. Process Control Systems
C. Enterprise Collaboration Systems
D. Management Information Systems
✅ The correct answer is option B.
Process Control Systems monitors and control industrial processes. Process control systems (PCS), sometimes called industrial control systems (ICS), function as pieces of equipment along the production line during manufacturing that test the process in a variety of ways, and return data for monitoring and troubleshooting.

Situation in which large portion of majority is borrowed from broker of investor is classified as

A. future investment
B. forward investment
C. leveraged investment
D. non-leveraged investment
✅ The correct answer is option C.
Situation in which large portion of majority is borrowed from broker of investor is classified as leveraged investment. Leveraged investing is a technique that seeks higher investment profits by using borrowed money. These profits come from the difference between the investment returns on the borrowed capital and the cost of the associated interest. Leveraged investing exposes an investor to higher risk.