Management MCQs

Type of trade members who take position for short period of time or sometimes for only few minutes are classified as

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A. scalpers
B. explorers
C. temporary position holders
D. professional position holders
✅ The correct answer is option A.
Type of trade members who take position for short period of time or sometimes for only few minutes are classified as scalpers. A scalper, in the context of market supply-demand theory, also refers to a person who buys large quantities of in-demand items, such as new electronics or event tickets, at regular price, hoping that the items sell out. The scalper then resells the items at a higher price.

An organization that is diversifying its product line is exhibiting what type of growth strategy?

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A. stability
B. retrenchment
C. growth
D. maintenance
✅ The correct answer is option C.
An organization that is diversifying its product line is exhibiting growth type of growth strategy. Diversification is a corporate strategy to enter into a new market or industry in which the business doesn’t currently operate, while also creating a new product for that new market.

Which of the following statement is True(T) or False(F) are given below. 1. Pay attention to the appearance of the speaker instead of the subject. 2. Jumping to conclusion at the beginning of the speech without waiting for the speaker to complete the communication he intends to pass is a quality of a good listener.

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A. TT
B. TF
C. FF
D. TT
✅ The correct answer is option C.
Pay attention to the subject of the speaker instead of the appearance.
Jumping to conclusion at the beginning of the speech without waiting for the speaker to complete the communication he intends to pass is not a quality of a good listener.

Interest rate at which federal funds are borrowed and can be lent is classified as

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A. borrowing rate
B. supplying rate
C. lending rate
D. federal funds rate
✅ The correct answer is option D.
Interest rate at which federal funds are borrowed and can be lent is classified as federal funds rate. The federal funds rate refers to the interest rate that banks charge other banks for lending them money from their reserve balances on an overnight basis. By law, banks must maintain a reserve equal to a certain percentage of their deposits in an account at a Federal Reserve bank.

Exports and imports apply mostly to which of the following?

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A. services
B. merchandise
C. intellectual property
D. licensing
✅ The correct answer is option B.
Exports and imports apply mostly to merchandise. Exporting is the sale of products and services in foreign countries that are sourced or made in the home country. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.

Sum of returned working capital and net initial investment is divided by 2 to calculate

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A. increase in operating income
B. average investment over five years
C. average capital invested
D. average rate of return
✅ The correct answer is option B.
Sum of returned working capital and net initial investment is divided by 2 to calculate average investment over five years.

A credit in balance of payments indicates

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A. Accumulation of bank balances abroad
B. Foreign direct investment received into the country
C. Earning of foreign exchange by the country
D. Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad
✅ The correct answer is option C.
A credit in balance of payments indicates earning of foreign exchange by the country. The balance of payments (BOP) is the place where countries record their monetary transactions with the rest of the world.

Why does the Resource-based view of SHRM represent a paradigm shift in SHRM thinking?

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A. Because it focuses on the internal human resources of the business as a source of sustainable competitive advantage
B. Because it advocates tight vertical integration between the organisation’s business strategy and human resource strategy.
C. Because it relies on a set of high-commitment HR practices to deliver sustainable competitive advantage.
D. Because it focuses on the external context of the business
✅ The correct answer is option A.
The Resource-based view of SHRM represent a paradigm shift in SHRM thinking Because it focuses on the internal human resources of the business as a source of sustainable competitive advantage. The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage.

The period of time permitted for the fulfillment of the export obligation under EPCG is

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A. 5 years
B. 8 years
C. 7 years
D. 10 years
✅ The correct answer is option B.
The period of time permitted for the fulfillment of the export obligation under EPCG is 8 years. Customs duty subject to an export obligation equivalent to 8 times of duty saved on capital goods imported under EPCG scheme to be fulfilled over a period of 8 years reckoned from the date of issuance of licence. Capital goods would be allowed at 0% duty for exports of agricultural products and their value added variants