Management Archives

1791. The graphical method of LP problem uses.

A. Objective function equation

B. Constraint equations

C. Linear equations

D. All of the above

✅ The correct answer is option D.
The graphical method of LP problem uses Objective function equation, Constraint equations and Linear equations.

1792. Distinction between overall exports and imports is related to

A. factor income

B. transfer Payments

C. balance of trade

D. account balance

✅ The correct answer is option C.
Distinction between overall exports and imports is related to balance of trade. The balance of trade is the difference between the value of a country’s imports and exports for a given period. The balance of trade is the largest component of a country’s balance of payments. Economists use the BOT to measure the relative strength of a country’s economy.

1793. GB in memory stands for _____.

A. Giga Bytes

B. Giga Bits

C. Gif Bits

D. Gif Bytes

✅ The correct answer is option A.
GB in memory stands for Giga Bytes. One gigabyte is equal to 1, 000 MBs and precedes the terabyte(TB) unit of memory measurement. A gigabyte is 109 or 1, 000, 000, 000 bytes and is abbreviated as “GB”.

1794. If nominal rate is 26% and inflation rate is 12%, then real rate can be

A. 13.75%

B. 11.65%

C. 12.50%

D. 13.50%

✅ The correct answer is option C.

1795. Decision making helps in the smooth function of the___________.

A. business

B. staffing

C. organization

D. planning

✅ The correct answer is option A.
Decision making helps in the smooth function of the business. Decision making is related to planning, organizing, directing and controlling functions of a manager. Decision making is important to achieve the organizational goals/objectives within given time and budget. Decision-making is a pervasive function of managers aimed at achieving organizational goals.

1796. The primary purpose of marketing activities is to facilitate and encourage exchange transactions with potential customers.

A. TRUE

B. FALSE

Answer: Option A

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✅ The correct answer is option A.
The primary purpose of marketing activities is to facilitate and encourage exchange transactions with potential customers. A major purpose of the marketing plan is to set the company on a specific course in marketing. Goals of marketing generally align with broader company objectives.

1797. When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called

A. expected cost

B. expected revenues

C. irrelevant costs

D. relevant costs

✅ The correct answer is option D.
When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called relevant costs. Relevant cost is a managerial accounting term that describes avoidable costs that are incurred only when making specific business decisions. The concept of relevant cost is used to eliminate unnecessary data that could complicate the decision-making process.

1798. Considering bonds characteristics, corporate and treasury bonds have many

A. different characteristics

B. similar characteristics

C. nearer characteristics

D. bearer characteristics

✅ The correct answer is option A.
Considering bonds characteristics, corporate and treasury bonds have many different characteristics. Unlike stocks, each bond contract has unique characteristics that define how repayment will occur. Every bond contract has at least five components: the borrower, price, date of maturity, value of maturity and coupon rate.

1799. ______________________ decision support system that provides support for decision making by groups of people

A. Group Decision Support System (GDSS)

B. Decision Support System (DSS)

C. Groupware Software

D. Graphics Software

✅ The correct answer is option A.
Group Decision Support System (GDSS) that provides support for decision making by groups of people. A group decision support system (GDSS) is an interactive computer based system that facilitates a number of decision-makers (working together in a group) in finding solutions to problems that are unstructured in nature.

1800. Which of the following is not an example of a managerial mindset?

A. Analytic

B. Reflective

C. Competent

D. Co-operative

✅ The correct answer is option C.
Competent is not an example of a managerial mindset. A worldly mindset helps you operate in diverse regions, with the cultural and social insights needed to serve varied customers. Managing relationships (collaborative mindset).