Business and Commerce

✅ The correct answer is A.
Overall and strategic planning is done by the Top management. Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment.

✅ The correct answer is B.
Taylor was one of the main champions of the piece rate system in the late 19th century. Taylor’s Differential Piece-Rate System was introduced by F.W. Taylor, who believed that the workers should be paid on the basis of their degree of efficiencies.

✅ The correct answer is B.
A Bull speculator is also called as tejiwala. He is said to be a bull because just like a bull which tries to throw its victim up in the air, he expects to profit from increase in share prices.

✅ The correct answer is B.
The preference shares holders who have no claim for the arrears of dividend are Non-cumulative preference shares. Non-cumulative preference shares are those type of preference shares, which have right to get fixed rate of dividend out of the profits of current year only. They do not carry the right to receive arrears of dividend.

✅ The correct answer is B.
The person who deals in shares, debentures as independent operators are called as jobbers. Jobbers are security merchants dealing in shares, and debentures as independent operators. They buy and sell securities on their own behalf and try to earn through price changes.

✅ The correct answer is A.
Franking machine is used in bank. The franking machine calculates the correct postage automatically, which includes the Royal Mail discounted cost for franking machine users.

✅ The correct answer is B.
For synthetic type of production line lay out is preferable. Prope layout is one of the keys of success in factory management.

✅ The correct answer is B.
A capital intensive enterprise requires less employees. Capital intensive refers to business processes or industries that require large amounts of investment to produce a good or service, and therefore have a high percentage of fixed assets (property, plant, and equipment (PP&E)).

✅ The correct answer is B.
The machines produce multiple copies with help of a stencil. For printed copy, a stencil assemblage is placed in a typewriter.

✅ The correct answer is A.
Registration of partnership is optional under Indian partnership act. Registration of partnership firm may be done at any time – before starting a business or anytime during the continuation of partnership.