48. When an individual or a group agrees to work under the direction of an informal leader is called ________.

A. formal delegation
B. informal delegation
C. general delegation
D. specific delegation
✅ The correct answer is option B.
When an individual or a group agrees to work under the direction of an informal leader is called informal delegation. Informal delegation does not arise due to position but according to circumstances.

Mainly general type of Direct Foreign Investment (DFI) is

A. Franchising
B. The establishment of new subsidiaries
C. International trade
D. Patent
✅ The correct answer is option B.
Mainly general type of Direct Foreign Investment (DFI) is the establishment of new subsidiaries. Foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country.

47. The leader hold his leadership because he is loyal to his followers is

A. autocratic style
B. democratic style
C. free-rein style
D. creative style
✅ The correct answer is option B.
The leader hold his leadership because he is loyal to his followers is democratic style. Democratic leadership, also known as participative leadership or shared leadership, is a type of leadership style in which members of the group take a more participative role in the decision-making process.

606. ______________ strategy involves adopting a combined approach of low costs and high local respnsiveness simultaneously by the firms for their products and services

A. Global
B. Multidomestic
C. International
D. Transnational
✅ The correct answer is option D.
Transnational strategy involves adopting a combined approach of low costs and high local respnsiveness simultaneously by the firms for their products and services. A transnational strategy is a set of planned actions defined by a company to have operations in markets abroad. This term generally applies to the methods and structures that allow a firm to initiate and maintain functions in foreign countries while preserving central coordination at one specific location.

Type of financial security having payoffs which are connected to some securities issued some time back is classified as

A. linked security
B. previous security
C. payoff security
D. derivative security
✅ The correct answer is option D.
Type of financial security having payoffs which are connected to some securities issued some time back is classified as derivative security. A derivative security is a financial instrument whose value depends upon the value of another asset. The main types of derivatives are futures, forwards, options, and swaps. An example of a derivative security is a convertible bond.

602. Fixed cost is added to target operating income and then divided to contribute margin per unit to calculate

A. quantity of units required to sold
B. selling of units
C. sold units
D. contributed units
✅ The correct answer is option A.
Fixed cost is added to target operating income and then divided to contribute margin per unit to calculate quantity of units required to sold.

According to futures contract, long position states

A. purchase of forward contracts
B. purchase of future contract
C. sale of futures contract
D. sales of forward contracts
✅ The correct answer is option B.
According to futures contract, long position states purchase of future contract. A futures contract is a legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.

636. A desire of an individual to give good performance for self-satisfaction is known as

A. intrinsic motivation
B. extrinsic motivation
C. monetary motivation
D. bounded motivation
✅ The correct answer is option A.
A desire of an individual to give good performance for self-satisfaction is known as intrinsic motivation. Intrinsic motivation refers to behavior that is driven by internal rewards. In other words, the motivation to engage in a behavior arises from within the individual because it is naturally satisfying to you.

633. In process of examining, occurred changes in total revenues, operating income and costs is known as

A. revenue analysis
B. costs analysis
C. operating income analysis
D. cost volume profit analysis
✅ The correct answer is option D.
In process of examining, occurred changes in total revenues, operating income and costs is known as cost volume profit analysis. Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit.

630. As simulation is not an analytical model, therefore the result of simulation must be viewed as.

A. Unrealistic
B. Exact
C. Approximation
D. Simplified
✅ The correct answer is option C.
As simulation is not an analytical model, therefore the result of simulation must be viewed as approximation. Analytical models are mathematical models that have a closed form solution, i.e. the solution to the equations used to describe changes in a system can be expressed as a mathematical analytic function.