70. Set of clear instruction in a clear and logical sequence to perform a particular task

by
A. rules
B. programme
C. policy
D. methods
✅ The correct answer is option B.
Set of clear instruction in a clear and logical sequence to perform a particular task is known as programme. Programme management is the process of managing several related projects, often with the intention of improving an organization’s performance.

84. The following system is simple, less expensive and less time consuming.

by
A. Paired comparison
B. Confidential report system
C. Ranking
D. Checklist method
✅ The correct answer is option C.
Ranking system is simple, less expensive and less time consuming. In a ranking method, jobs are arranged in order of their value or merit to the organization. Accordingly the jobs at the top of the list provide more value to the organization and its relative importance keeps decreasing as we move down the list.

880. ______________ is a support team, workgroup, and enterprise communications and collaborations.

by
A. Transaction Processing Systems
B. Process Control Systems
C. Enterprise Collaboration Systems
D. Management Information Systems
✅ The correct answer is option C.
Enterprise Collaboration Systems is a support team, workgroup, and enterprise communications and collaborations. An Enterprise Collaboration System (ECS) is an information system used to facilitate efficient sharing of documents and knowledge between teams and individuals in an enterprise.

917. Products that are relatively inexpensive and are purchased frequently with minimal effort can be classified as ___________ products.

by
A. Shopping
B. Convenience
C. Industrial
D. Specialty
✅ The correct answer is option B.
Products that are relatively inexpensive and are purchased frequently with minimal effort can be classified as Convenience products. Convenience products refer to those types of consumer products and services that consumers buy more frequently with minimum buying efforts and comparisons.

83. The multiple-input approach to performance feedback is sometimes called ____ degree assessment.

by
A. 90
B. 180
C. 270
D. 360
✅ The correct answer is option D.
The multiple-input approach to performance feedback is sometimes called 360 degree assessment. A 360-degree feedback (also known as multi-rater feedback, multi source feedback, or multi source assessment) is a process through which feedback from an employee’s subordinates, colleagues, and supervisor(s), as well as a self-evaluation by the employee themselves is gathered.

Type of preferred stock in which dividend does not increase or decrease with increase or decrease in profit of firm is classified as

by
A. non-cumulative preferred stock
B. cumulative preferred stock
C. non-participating preferred stock
D. participating preferred stock
✅ The correct answer is option C.
Type of preferred stock in which dividend does not increase or decrease with increase or decrease in profit of firm is classified as non-participating preferred stock. Non-participating preferred stock is preferred stock that specifically limits the amount of dividends paid to its holders.

Services such as commercial trade transactions and positions in financial investments provided by financial institutions are classified as

by
A. trade services
B. investment services
C. agent services
D. commercial services
✅ The correct answer is option C.
Services such as commercial trade transactions and positions in financial investments provided by financial institutions are classified as agent services. A registered agent, or agent for service of process (SOP), provides a legal address within the jurisdiction where legal documents may be served during business hours.

909. An effective short-hand summary of the situation analysis is a:

by
A. BCG analysis
B. SWOT analysis
C. SBU analysis
D. Competition analysis
✅ The correct answer is option A.
An effective short-hand summary of the situation analysis is a BCG analysis. BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential. It classifies business portfolio into four categories based on industry attractiveness (growth rate of that industry) and competitive position (relative market share).

82. Basis of Job Evaluation is

by
A. Job design
B. Job ranking
C. Job analysis
D. Any of the above
✅ The correct answer is option C.
Basis of Job Evaluation is Job analysis. Job evaluation is an assessment of the relative worth of various jobs on the basis of a consistent set of job and personal factors, such as qualifications and skills required.

69. Communication of policies, procedures and programmes is example of_________.

by
A. downward communication
B. upward communication
C. horizontal communication
D. informal communication
✅ The correct answer is option A.
Communication of policies, procedures and programmes is example of downward communication. Downward communication is the communication where information or messages flows from the top of the organizational structure from the bottom of the organizational structure.