Internal Assignment 1 Answer Keys
Internal Assignment 1 Answer Keys
Long term
Mid term
Short term
None
Planning
Organizing
Staffing
Directing
Interpersonal
Informational
Decisional
None
Decisional
Informational
Interpersonal
None
6. Advertising is which function?
Marketing
Finance
Human resource
Production
Marketing
Finance
Human resource
Production
Marketing
Finance
Human resource
Production
9. Planning is a
Process
Activity
Behavior
None of the above
Corporate
Technical
Functional
Operational
11. Guidelines for action is
Policy
Plan
Programme
Procedure
12
13
14
15
Espirit de corps
Initiative
Equity
Order
Ford Company
General Electric Company
Microsoft
Apple
Military
Industry
business
None
16. SWOT analysis is also called as __ analysis
Corporate
Industry
Environment
None
Rule
Policy
Procedure
Control
Specific
Measurable
Achievable
All the three
Taylor
Fayol
Mayo
Gullick
12
13
14
15
Quantitative and Research Methods in Business(SPBA102) - Assessment – 1
Probability
Experiment
Event
None
Zero
One
Zero and one
None
Event
Experiment
Venn Diagram
None
Event
Probability
Random
None
5. The joint occurrence of two or more simple events is __________ event
Independent
Dependent
Compound
None
Sample Space
Event
Equally likely events
None
7. A firm wants to randomly select 3 employees form a total of 10 employees. How many
combination of 3 employees can be selected?
120
100
90
80
8. A quality control inspector selects two parts out of five for inspecting defects. How many
permutations can be selected?
20
30
40
45
Uncertainty
rRisk
Certinity
None
10. Which is associated with probability of occurrence of alternative
Risk
Certinity
Uncertainity
None
Objective
A Prior
Empirical
Subjective
Quantitative
Routine
Scientific
Creative
0
1
1/13
2
1/13
0
1
3
16. What is the probability of drawing either a king or queen from a pack of 52 crds?
0
1/13
2/13
1
Bernoulli
Pascal
Savge
Bernard
Poisson
Binomial
Multinomial
Hypergeometric
19. The distribution happened to be most useful theoretical distribution for continuous
variables
Normal
Poisson
Binomial
None
20.The distribution used extensively in statistical quality control inindusry in setting up of
control limits
Binomial
Poisson
Multinomial
Normal
Organisational Behaviour(SPBA103) - Assessment – 1
1. The Hawthorne studies are of utmost significance as they form an honest attempt to
understand:
Participative
Delegative
Authoritarian
All of the above
Job satisfaction
Organizational commitment
Both A and B
None of the above
4. The two dimensions of leadership which emerged from the Leader Behavior Description
Questionnaire were consideration and ________.
Energizing
Initiating structure
Deliberate
Commanding
Autocratic
Custodial
Supportive
All of the above
6. At the norming stage the team is involved in defining
Goals
Roles
Relations
All of the above
8. The philosophy that guides an organization policies towards its employees and customers
is an important part of
Management strategy
Organization behavior
Organizational culture
Organization development
Responsibility
Duty
Work
None of the above
11. Organization structure primarily refers to
Salary
Work itself
Responsibility
Recognition.
encoding
idea origination
decoding
channel selection.
for obtaining copyrights and patents for newly developed processes and equipment
for a single area of activity
to the upper level of management and staff
for complex organizational sub-units
20. Good match between individual personality and organization is essential because of
Analysing
Preparing financial statements
Recording financial information
Auditing the books of accounts
2.Financial accounting provides financial information to all of the following external users
except:
Government agencies
investors
Creditors
Managers
3. For which step of accounting process the accountants of business entity prepare financial
statements?
Recording
summarizing
Grouping
Processing
5. Which of the following is the external user of financial statements?
7.An asset must be _______ by the business to be shown as an asset in its "balance sheet"
Possessed
Owned
Controlled
Used
Present event
Future event
Past event
None of them
9. Which is the most important characteristic that all assets of a business have?
11. Which financial statement displays the revenues and expenses of a company for a period
of time?
Income Statement
Balance Sheet
Cash Flow Statement
Statement of Stockholders Equity
13. Which of these is not included as a separate item in the basic accounting equation?
Assets
Revenues
Liabilities
Stockholders Equity
Income Statement
Balance Sheet
Cash Flow Statement
Statement of Stock Holders Equity
15. The accrual basis of accounting records revenues when they are:
Collected
Earned
Contracted
Readily Available for Use
16. The account format that displays debits credits balances and headings.
General Journal
General Ledger
T Account
Ledger Account
Accounts Payable
Accrued Expenses
Cash
Notes Payable
Expenses
Withdrawals
Treasury Stock
Revenues
Alphabetical order.
Dollar amount order.
Chronological order.
Account number order.
20. The final step in the recording process is to transfer the journal information to the
trial balance
financial statements
ledger
file cabinets
Managerial Economics(SPBA105) - Assessment – 1
Application
Theory
Practice
None of the above
2. Primary function of Managerial Economics is to help in __________
Pricing policies
Decision making
Forecasting
Quality improvement
Normative
Political
Fiscal
All theses above
Decision
Experimental
Pure
None of these above
Calculation
Prediction
Tool
Statistics
6. Managerial Economics involves ________ planning
Short term
Long term
Forward
Strategic
Business problem
Business conflict
Organization problem
Individual problem
8. Managerial economics mostly uses the theory of the firm and _______ Theory
Profit
Pricing
Cost
Output
Internal
External
Political
Social
Business cycle
National income
Tax policy
All these above
11. Economics is the systematic study of the ________
Society
Human behavior
Trade
Monopoly
Micro
Managerial
Profitable
Indian
Enterprise
Business
Normative
Management
14. Normative economics deals with judgments in order to arrive at ___ _____ conclusion
Policy
Finding
Desirable
All these above
Production
Purchase
Sales
All these above
16. Demand analysis and forecasting occupies a ________ role in managerial economics
Market
Strategic
Essential
None of these above
Demand
Supply
Income
Price
Monetary
Capital
Price
Fixed assets
19. A_______ analysis is the study of relationship between inputs and outputs
Demand
Supply
Sales
Production
Income fixation
Price fixation
Investment fixation
Process Layout
LEGAL SYSTEMS IN BUSINESS(SPBA106) - Assessment – 1
Competent parties
Reasonable terms and conditions.
Free consent
Lawful concentration.
3. In a standardized contract:
The individual has no choice but to accept and sign on the dotted line.
The individual must be protected in contract.
The agreement is without consideration.
None of the above.
Fraud
Misrepresentation
No fraud
Undue Influence
7. Where both parties are under mistake as to matter of fact, the agreement will be:
Enforceable
Voidable
Not void
Void
1 April 1870
1 September 1872
1 July 1870
24 March 1872
13. Before the enactment of Sale of Goods Act, the provisions regarding Sale of Goods were
contained in:
14. Which of the following cannot be said to be included in the term “goods” defined under
section 2(7) of the Sale of Goods Act, 1930:
Stock
Shares
Growing crops
Actionable claims
15. Which of the following most appropriately describes the term “sale” as per Sale of Goods
Act, 1930:
17. What can be the subject matter of the contract of sale as per section 6 of Sale of Goods
Act:
18. A partnership firm comes into existence by agreement between all the partners, and such
agreement should be
Provisional
Preliminary
illegal
legal
Mathematical Model
Economic Model
Statistical Model
All the above
Harris
Shewhart
Erlang
None
Shewhart
Harris
Erlang
None
Dantzig
Harris
Shewhart
Erlang
Linear Programming
Transportation problem
Assignment problem
Network Technique
Integer Programming
PERT
CPM
Transportation problem
Project Management
Linear Programming
Assignment problem
Transportation problem
Inventory Management
Linear Programming
Project Management
Assignment problem
Quening theory
Assignment Technique
PERT
CPM
11. Method used to solve Project Management
PERT
CPM
Both
None
Replacement Problem
PERT
CPM
Network Technique
Game Theory
Project Management
LPP
PERT
Scheduling
PERT
CPM
LPP
1947
1948
1949
1950
16. The Operations Research Society of Amerial was founded in
1952
1953
1954
1955
1953
1954
1955
1956
1939
1940
1941
1942
Transportation problem
Shortest path problem
Travelling salesman problem
All the above
Lineariby
Divisiblity
Non-negativity
All the above
APPLIED OPERATION RESEARCH(SPBA107) - Assessment – 1
Mathematical Model
Economic Model
Statistical Model
All the above
Harris
Shewhart
Erlang
None
Shewhart
Harris
Erlang
None
Dantzig
Harris
Shewhart
Erlang
Linear Programming
Transportation problem
Assignment problem
Network Technique
Integer Programming
PERT
CPM
Transportation problem
Project Management
Linear Programming
Assignment problem
Transportation problem
Inventory Management
Linear Programming
Project Management
Assignment problem
Quening theory
Assignment Technique
PERT
CPM
11. Method used to solve Project Management
PERT
CPM
Both
None
Replacement Problem
PERT
CPM
Network Technique
Game Theory
Project Management
LPP
PERT
Scheduling
PERT
CPM
LPP
1947
1948
1949
1950
16. The Operations Research Society of Amerial was founded in
1952
1953
1954
1955
1953
1954
1955
1956
1939
1940
1941
1942
Transportation problem
Shortest path problem
Travelling salesman problem
All the above
Lineariby
Divisiblity
Non-negativity
All the above
STRATEGIC MANAGEMENT(SPBA108) - Assessment - 1
1930
1911
1879
1938
Lower Management
Middle Management
Top Management
All the above
5. Which of the following statement is not true when describing a successful strategy ?
Horizontal integration
Forward vertical integration
Backward vertical integration
Downstream vertical integration
9. When a firm seeks the benefits of global integration and local adaptation, it is best
described as which type of strategy?
Transnational
Global
Multi-national
Global-Local
10. A strategic decision can be distinguished from other types of decisions by three factors,
these are magnitude, time-scale and:
Commitment
Riskiness
impact
Longevity
11. Diversification into many unrelated areas is an example of
Risk management
Good management
Uncertainity reduction
Sustainability
involves how fast to pursue the chosen strategy and reach the targeted levels of
performance
consists of thinking through what it will take to make the chosen strategy work as
planned
consists of management's view of the kind of company it is trying to create and its
intent to stake out a specific business position
concerns management's view of the company's future business makeup and long-
term direction.
16. Marketing strategy is a type of ____________________
Working
Human
Internal
External
Corporate level
Business level
Functional level
Strategic level
Production
Quality
Marketing
All the above
20. ________________ is the collection of managerial decisions and actions that determine
the long-run performance of an organization
Planning
Goal-oriented management
Strategic management
Leadership
INTERNATIONAL BUSINESS(SPBA109) - Assessment - 1
global market
indian market
inter state market
All these above
labour
capital
both a and b
None of these above
3. Greenfield operations offer the company more flexibility than acquisitions in areas as
_________
human resources
suppliers
logistics
All these above
4. The MNCs influence the _____ to the determinent of LDCs by bribing the legislators not
only directly but also indirectly
internal policies
external policies
industrial policies
None of these above
5. The Indian Constitution has guaranteed to all its citizen certain basic and freedom. These
right are known an ______.
human rights
basic rights
fundamental rights
None of these above
6. International disputes of certain native are settle by the ______ principle
WTO
IMF
a and b
ILO
income tax
consumer protection
foreign exchange management
the patents
health service
native supply
education
All these above
indigenous banks
development banks
commercial
merchant banks
10. Economic development could proceed effectively only if the interest rate is _____
high
low
moderate
None of these above
11. International business refers to business activities by Companies that emphasise the
opportunities for ______
transfer of product
transfer of brand
transfer of other ideas
All these above
volume
quality
payment
None of these above
14. MNCs help to increase the investemnt and thereby increase the _____ in the host Country
employment
sales
profit
None of these above
15. Every Citizen in India has the riht to presence his/her own ________
culture
script
language
All these above
16. All business Managers and owners requires the knowledge of legal environment for
taking ________
profit decison
own decison
business decision
productive decision
17. Population six and population growt rates are important determinants of ______ for
several products
demand
supply
marketing
advertisement
18. _______ is measured by GDP per capital i.e.,real per capita income
microsoft
imb
coca-cola
All these above
favourable balance
unfavourable balance
real balance
None of these above
MANAGEMENT INFORMATION SYSTEM(SPBA110) - Assessment - 1
Hardware
Software
People
All the three
2. Computer controls of
Input Device
Control Processing Unit
Output Device
All the three
Static
Dynamic
Both
None
Man made
Large
Open System
All the three
5. Data are
Facts
Figures
Values
All the three
6. Information is
Facts
Data
Processed data
None
Study
Experience
Instruction
All the three
8. Information are
Relevant
up-to-date
Accurase
All the three
9. Information are
Cost worthy
Reliable
User Friendly
All the three
Internal
External
Both
None
11. Temperature in a city is an example of which information
Factual
Analytical
Objective
subjective
Analytical
Factual
Objective
subjective
Objective
Analytical
Factual
subjective
Subjective
Objective
Analytical
Factual
Accurase
Timely
Complete
All the three
16. Strategic Management is associated with ____ Management
Top
Middle
Lower level
None
Middle
Top
Lower level
None
Lower level
Top
Middle level
None
Unstructured
Semi structured
Structured
All the three
Semi structured
Unstructured
Structured
None