903. The strategic marketing process is how an organization allocates its marketing mix resources to reach its:

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A. stated business ideas
B. potential
C. target markets
D. competition
✅ The correct answer is option C.
The strategic marketing process is how an organization allocates its marketing mix resources to reach its target markets. Strategic Marketing is a process of planning, developing and implementing maneuvers to obtain a competitive edge in your chosen niche. This process is necessary to outline and simplify a direct map of the company’s objectives and how to achieve them.

Special provisions that can have adverse or beneficial effects and are reflected in interest rates does not include

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A. tax-ability
B. covert ability
C. call ability
D. inflation premium
✅ The correct answer is option D.
Special provisions that can have adverse or beneficial effects and are reflected in interest rates does not include inflation premium. An inflation premium is the part of prevailing interest rates that results from lenders compensating for expected inflation by pushing nominal interest rates to higher levels.

International Monetary Fund formal existence came into being in

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A. 12-05-44
B. 27-07-44
C. 27-12-45
D. 27-09-45
✅ The correct answer is option C.
International Monetary Fund formal existence came into being in 27-12-45. The IMF formally came into existence on 27 December 1945, when the first 29 countries ratified its Articles of Agreement. By the end of 1946 the IMF had grown to 39 members. On 1 March 1947, the IMF began its financial operations, and on 8 May France became the first country to borrow from it.

894. If a non-redundant constraint is removed from an LP problem then.

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A. Feasible region will become larger
B. Feasible region will become smaller
C. Solution will become infeasible
D. None of the above
✅ The correct answer is option A.
If a non-redundant constraint is removed from an LP problem then feasible region will become larger. A redundant constraint is a constraint that can be omitted from the system without changing the set of feasible solutions S. An implicit equality constraint is an inequality constraint that can be replaced by an equality constraint without changing S.

891. The collection of strategies and tactics firms use to scientifically manage demand for their products and services is known as

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A. Customer profitability management
B. Cost of service delivery
C. Segmented pricing
D. Revenue management
✅ The correct answer is option D.
The collection of strategies and tactics firms use to scientifically manage demand for their products and services is known as Revenue management. Revenue management is an extremely important concept within the hospitality industry, because it allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results.

888. What is top-down planning?

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A. This takes place in someone’s head, and the decisions may not be written down in any extensive form It is often practiced by entrepreneurial managers with real flair
B. This requires managers to spend time discussing the future opportunities and threats and areas in which the organization might develop
C. This involves managers throughout the organization, and ensures that everyone involved in implementing plans will be consulted
D. This relates to decisions taken at the higher parts of the organization and passed onto other managers for implementation These managers will have had little or no input into the planning process
✅ The correct answer is option D.
Top-down planning relates to decisions taken at the higher parts of the organization and passed onto other managers for implementation. These managers will have had little or no input into the planning process. Top-Down Planning is a method of planning, defining objectives and ways to achieve them through the top down. First, global (framework) goals are set, and ways how to achieve them. They are gradually moved to lower and lower levels of the organizational hierarchy to be developed and specified.

Stock markets in which already issued stocks are resold and re-bought are classified as

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A. red herring stock market
B. pre-emptive stock market
C. silence stock market
D. secondary stock markets
✅ The correct answer is option D.
Stock markets in which already issued stocks are resold and re-bought are classified as secondary stock markets. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the “stock market,” though stocks are also sold on the primary market when they are first issued.

All of the following might be used to improve organizational communication except

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A. surveys and feedback
B. management training
C. filtering
D. TV networks
✅ The correct answer is option C.
All of the following might be used to improve organizational communication except filtering. Organizational communication is the exchange of information, ideas, and views within and outside the organization. Organizational communication indicates communication not only in business but also in hospitals, churches, government agencies, military organization, and academic institutions.

81. Point method is suitable for

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A. Small size organization
B. Mid size organization
C. Large organization
D. Both (B) and (C)
✅ The correct answer is option D.
Point method is suitable for Mid size organization and Large organization. The point method is an extension of the factor comparison method. Each factor is then divided into levels or degrees which are then assigned points. Each job is rated using the job evaluation instrument. The points for each factor are summed to form a total point score for the job.

878. Process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors’ technologies is called

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A. outsource engineering
B. reverse engineering
C. target engineering
D. off shore engineering
✅ The correct answer is option B.
Process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors’ technologies is called reverse engineering. Reverse engineering, also called back engineering, is the process by which a man-made object is deconstructed to reveal its designs, architecture, or to extract knowledge from the object; similar to scientific research, the only difference being that scientific research is about a natural phenomenon.