639. The term corporate strategy concerns strategy and strategic decisions

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A. In certain types of organization
B. At all levels in an organization
C. Developed by the senior management in an organization
D. In the private sector only
✅ The correct answer is option B.
The term corporate strategy concerns strategy and strategic decisions at all levels in an organization. Corporate strategy is hierarchically the highest strategic plan of the organization, which defines the corporate overall goals and directions and the way in which will be achieved within strategic management activities. It is a long-term, clearly defined vision of the direction of a company or organization.

In Capital Market Line every investment is

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A. infinitely divisible
B. finitely divisible
C. a & b
D. all of answer correct
✅ The correct answer is option A.
In Capital Market Line every investment is infinitely divisible. The capital market line (CML) represents portfolios that optimally combine risk and return. Capital asset pricing model (CAPM), depicts the trade-off between risk and return for efficient portfolios.

675. What are designed to guide managers in the pursuit and achievement of strategies and objectives?

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A. Procedures
B. Budgets
C. Policies
D. Plans
✅ The correct answer is option C.
Policies are designed to guide managers in the pursuit and achievement of strategies and objectives. Policies are instrument for strategy implementation. This thesis defines policy much more narrowly as specific guides to managerial action and decisions in the implementation of strategy.

673. __________cost refers to the product’s purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value.

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A. Total
B. Variable
C. Life cycle
D. Net
✅ The correct answer is option C.
Life cycle cost refers to the product’s purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value. Life-cycle costing is a method of calculating the total cost of ownership over the life span of the industrial product. It can be especially useful in the marketing of industrial products that sell for high initial prices, but which provide long-run cost savings.

671. Rate of return to cover a risk of investment and decrease in purchasing power, as a result of inflation is known as

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A. nominal rate of return
B. accrual accounting rate of return
C. real rate of return
D. required rate of return
✅ The correct answer is option A.
Rate of return to cover a risk of investment and decrease in purchasing power, as a result of inflation is known as nominal rate of return. The nominal rate of return is the amount of money generated by an investment before factoring in expenses such as taxes, investment fees, and inflation.

667. ___ communication media is more expensive one in network.

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A. Co-axial
B. Unshielded cable
C. Twisted Pair
D. Fibre optics
✅ The correct answer is option D.
Fibre optics communication media is more expensive one in network. Fibre optical communication enables telelcommunications networks to provide high bandwidth high speed data connections across countries adn the globe.

665. A situation when groups and individuals work together for achieving a particular goal can be classified as

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A. motivation
B. goal congruence
C. effort
D. autonomy
✅ The correct answer is option B.
A situation when groups and individuals work together for achieving a particular goal can be classified as goal congruence. Goal congruence is a situation in which people in multiple levels of an organization share the same goal. A well thought-out organizational design causes goal congruence and results in an organization being able to work together to accomplish a strategy.

662. In customer cost hierarchy, cost of activities related to specific channel of distribution is classified as

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A. discretionary channel costs
B. corporate-sustaining costs
C. distribution-channel costs
D. engineered resource costs
✅ The correct answer is option C.
In customer cost hierarchy, cost of activities related to specific channel of distribution is classified as distribution-channel costs. A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. Distribution channels can include wholesalers, retailers, distributors, and even the Internet.

659. Critical information for top management is provided by ____ information system.

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A. Expert
B. Executive
C. Decision
D. Managerial
✅ The correct answer is option B.
Critical information for top management is provided by Executive information system. Executive support systems are intended to be used by the senior managers directly to provide support to non-programmed decisions in strategic management.