Management Archives

1071. Quantity of produced output is divided by quantity of used input to calculate

A. targeted productivity

B. total factor productivity

C. partial productivity

D. unused productivity

✅ The correct answer is option C.
Quantity of produced output is divided by quantity of used input to calculate partial productivity. Partial productivity refers to the measurement solutions which do not meet the requirements of total productivity measurement, yet, being practicable as indicators of total productivity. In practice, measurement in production means measures of partial productivity.

1072. If payback period is 4 years and uniform increases in cash flows per year is $2750000, then net initial investment can be

A. $10,511,000

B. $12,105,000

C. $1,100,000

D. $11,000,000

✅ The correct answer is option D.

1073. Considering balanced scorecard, perspective in which performance of organization includes is

A. financial perspective

B. learning and growth perspective

C. customer perspective

D. all of above

✅ The correct answer is option D.
Considering balanced scorecard, perspective in which performance of organization includes is financial perspective, learning and growth perspective and customer perspective.

1074. The vision statement answers which question?

A. What is our business?

B. How can we improve ourselves?

C. What do we want to become?

D. Who are our stakeholders?

✅ The correct answer is option C.
The vision statement answers- What do we want to become?

1075. When interest rate is higher than equilibrium rate of borrowing loanable funds then financial system has

A. short-term funds

B. long-term funds

C. surplus of funds

D. deficit of funds

✅ The correct answer is option C.
When interest rate is higher than equilibrium rate of borrowing loanable funds then financial system has surplus of funds. The demand for loanable funds represents the behavior of borrowers and the quantity of loans demanded. The lower the interest rate, the less expensive it is to borrow.

1076. An efficiency variance is subtracted from actual input quantity to calculate

A. actual quantity manufactured

B. budgeted quantity manufactures

C. budgeted quantity sold

D. budgeted input quantity

✅ The correct answer is option D.
An efficiency variance is subtracted from actual input quantity to calculate budgeted input quantity.

1077. During a telephone conversation, Which of the following statement is True(T) or False(F) are given below. 1. Leave the caller on hold 2. Be courteous 3. Transfer the call always do not handle is yourself

A. TTF

B. TTT

C. FFF

D. FTF

✅ The correct answer is option D.
1. Do not leave the caller on hold
2. Be courteous
3. Do not transfer the call always, handle it yourself

1078. The employees train themselves and they are self-motivated under

A. free-rein style

B. negative style

C. autocratic style

D. democratic style

✅ The correct answer is option A.
The employees train themselves and they are self-motivated under free-rein style. Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Mangers set objectives and employees are free to do whatever is appropriate to accomplish those objectives.

1079. Employees will be promoted on the basis of seniority is an example of

A. rules

B. procedures

C. policy

D. methods

✅ The correct answer is option C.
Employees will be promoted on the basis of seniority is an example of policy. Seniority is an objective basis for promotion and so each employee is sure of getting promotion.

1080. The following is the permanent records for business

A. Business letters

B. Ledgers

C. Production reports

D. All of the above

✅ The correct answer is option A.
The following is the permanent records for business letters. A letter written for business purpose is a business letter. Inquiry letter, offer letter, order letter, cover letter, notices, termination of employment are some of the business letters. Suppose a person wants to write any of these business letters.