Management MCQs

In borrowing and lending of federal funds, federal funds rate is result of function between

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A. assets and liability
B. cost and marketing
C. supply and demand
D. income and expense
✅ The correct answer is option C.
In borrowing and lending of federal funds, federal funds rate is result of function between supply and demand. 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.

Export control refers to restrictions on.

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A. domestic firms from engaging in exports
B. items that can be exported from the country
C. from firms exporting to the country
D. quantitative restrictions
✅ The correct answer is option C.
Export control refers to restrictions on from firms exporting to the country. Federal export control laws restrict the export of goods, technology, related technical data, and certain services in the interest of protecting the national security and domestic economy.

The balance of payments always has a zero balance. This is caused by.

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A. the working of the foreign exchange market
B. by including errors and omissions
C. the system of double entry bookkeeping
D. by including reserves and related items
✅ The correct answer is option C.
The balance of payments always has a zero balance. This is caused by the system of double entry bookkeeping. Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts.

Marketing management is ________.

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A. Managing the marketing process
B. Monitoring the profitability of the company’s products and services
C. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
D. Developing marketing strategies to move the company forward
✅ The correct answer is option C.
Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. Marketing is an organizational function and a set of processes for creating, communicating and delivering values to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.

Which of the following act represents a situation in which employment decisions are NOT affected by illegal discrimination?

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A. Fair employment
B. Legal compliance
C. Litigation Process
D. Affirmative action
✅ The correct answer is option A.
Fair employment act represents a situation in which employment decisions are NOT affected by illegal discrimination. Fair employment is employment of workers on a basis of equality without discrimination or segregation especially because of race, color, or creed.

The Integrated system model is also known as

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A. Harvard Model
B. Michigan Model
C. Integrated Model
D. Warwick System Model
✅ The correct answer is option D.
The Integrated system model is also known as Warwick System Model. The Integrated Systems Model has evolved from 40 years of collaborative clinical and education experience. It is a framework to help clinicians organize their knowledge and provide the best possible treatment for the individual patient.

When you receive a telephone call, Which of the following statement is True(T) or False(F) are given below. 1. Be prepared have a pen, notepad 2. Do not answer the phone quickly 3. Do not give the call your full attention.

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A. TTT
B. FFF
C. TFF
D. FTT
✅ The correct answer is option C.
1. Be prepared have a pen, notepad

2. Do answer the phone quickly

3. Do give the call your full attention.

Internal marketing is marketing by a service firm to train and effectively motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction.

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A. TRUE
B. FALSE
Answer: Option A
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✅ The correct answer is option A.
Internal marketing is marketing by a service firm to train and effectively motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction. Internal marketing is the promotion of a company’s objectives, products and services to employees within the organization. The purpose is to increase employee engagement with the company’s goals and fostering brand advocacy.