Type of option that gives right to buyer to buy underlying option at specific exercise price is considered as

A. European option
B. Australian option
C. call option
D. put option
✅ The correct answer is option C.
Type of option that gives right to buyer to buy underlying option at specific exercise price is considered as call option. Call options are financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period.

830. Structured decisions are ___________ in nature.

A. Non-Repetitive
B. Repetitive
C. Routine
D. Both (b) & (c)
✅ The correct answer is option D.
Structured decisions are repetitive and routine in nature. Structured decisions are the decisions which are made under the established situations for example hiring a new employee while unstructured decisions are made under the emergent situation, for example fire breakout.

72. Why do companies use external job searches instead of internal searches?

A. Legal requirements
B. It is less expensive
C. Companies can add new talent, new ideas to the organization
D. Orientation time is reduced
✅ The correct answer is option C.
Companies use external job searches instead of internal searches so that companies can add new talent, new ideas to the organization. External recruiting helps establish an employer brand that attracts high-quality candidates. By advertising the job through multiple channels, people recognize your brand and company culture.

71. E-operations cover Web based initiatives that

A. improve the marketing of existing products
B. improve the creation of existing products
C. improve ways to address an identified set of customer needs
D. improve the selling process
✅ The correct answer is option C.
E-operations cover Web based initiatives that improve ways to address an identified set of customer needs. Through e-HRM, the main activities that could be performed online are Recruitment, Selection, Training, Performance Management, Compensation.

823. Effective mission statements can vary in

A. length
B. content
C. format
D. all of the above
✅ The correct answer is option D.
Effective mission statements can vary in length, content and format. 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.

In firm commitment underwriting procedure, more risk is at side of

A. investment bank
B. insurance firm
C. reissuing firm
D. reselling firm
✅ The correct answer is option A.
In firm commitment underwriting procedure, more risk is at side of investment bank. An investment bank (IB) is a financial intermediary that performs a variety of services. Most Investment banks specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations and acting as a broker or financial adviser for institutional clients.

817. In today’s global world, an outsourcing of products or services from lower cost countries is classified as

A. differential in-sourcing
B. off-shoring
C. incremental outsourcing
D. differential outsourcing
✅ The correct answer is option B.
In today’s global world, an outsourcing of products or services from lower cost countries is classified as off-shoring. Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting.

814. The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and the society’s well being.

A. Customer-centred business
B. Focused business model
C. Societal marketing concept
D. Ethically responsible marketing
✅ The correct answer is option C.
The Societal marketing concept holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and the society’s well being. Societal marketing concept holds that a company’s marketing policy must consider society’s long-term interests, consumers’ wants, the company’s profit.

811. relevant costs are classified in relevance concepts as

A. expected future costs
B. serial costs
C. parallel costs
D. abnormal costs
✅ The correct answer is option A.
Relevant costs are classified in relevance concepts as expected future costs. A relevant cost is a cost that only relates to a specific management decision, and which will change in the future as a result of that decision.

808. Managers can receive information from _____ that supports their decision making systems.

A. Workstations
B. personal system
C. Reports
D. File
✅ The correct answer is option A.
Managers can receive information from workstations that supports their decision making systems. It facilitates the free flow and exchange of ideas and information among the group members.