PPM Objective Set 12

Q1: The terms TRIPS and TRIMS are related to 

Answer

Answer: GATT

Q2: The theory of MBO is developed by 

Answer

Answer: Drucker

Q3: The ther “Paper Gold” means 

Answer

Answer: Special Drawing Rights

Q4: The total Indebtedness Ratio is an indicator of 

Answer

Answer: Solvency

Q5: The total utility is maximum when 

Answer

Answer: M.U. is zero

Q6: The Unit Trust of India was established in 

Answer

Answer: 1964

Q7: The ups and downs the occur regularly after intervals in capitalist economy are called as 

Answer

Answer: Trade cycles

Q8: The use of a respected brand name to add value to a product is termed as 

Answer

Answer: Brand personality

Q9: The use of as many different stations and programmer as possible to avoid the duplicating the message audience, is called as 

Answer

Answer: Dispersion

Q10: The utility may be defined as 

Answer

Answer: The power of a commodity to satisfy wants

Q11: The utility of a commodity is 

Answer

Answer: The fact that it is wanted by some people

Q12: The value of an idea is measured by its 

Answer

Answer: Novelty

Q13: The visual element in an ad is known as 

Answer

Answer: Copy

Q14: The word advertisement first appeared around 

Answer

Answer: 1670

Q15: The yellow-dog contract 

Answer

Answer: Is actively opposed by the union

Q16: Theory of collective bargaining is given by 

Answer

Answer: Batrix Web

Q17: There are economics of scale in 

Answer

Answer: Production and Marketing

Q18: There is increase in demand when 

Answer

Answer: None of these—a)Less is demanded at the same price
b)More is demanded at a lower price
c)Less is demanded at a higher price

Q19: There is no explicit mention of industrialisation, technology, natural resources, or political tradition of the definition of economic development, because 

Answer

Answer: These are not easily quantified and each has its limitations

Q20: Those who work within a Gestatt framework tend to feel that behaviour is determined mainly by 

Answer

Answer: Experience

Q21: Three organizational elements provide fundamental, long-term means of institutionalizing a firm’s strategy. One of the element is 

Answer

Answer: Structure

Q22: Threshold agreement is signed for the purpose 

Answer

Answer: Agreement with inbuilt provision of payrise

Q23: Time series is a 

Answer

Answer: Quantitative method

Q24: To approach the understanding of a consumer market, one should have a knowledge of 

Answer

Answer: All of these—a)Age factors
b)Personal interests
c)Income levels

Q25: To arrive at a decision about new product development, the following functions would have some say except the 

Answer

Answer: Personnel department

Q26: To be most effective, the communication models described should be a circular, rather than St. Line process. The last step is provision for 

Answer

Answer: Consumer feedback

Q27: To gain the most effect from market segmentation, it is important that information relating to buyers be 

Answer

Answer: Capable of analysis

Q28: To manage “is to forecast and plan, to organise, to command, to co-ordinate and to control.” These are the words of 

Answer

Answer: Henry Fayol

Q29: To receive co-op money retailers must send the manufacturer the pages form a newspaper on which an ad papers is technically termed as 

Answer

Answer: Cutting

Q30: Token strike is strike 

Answer

Answer: To show that workers have grievance

Q31: Total business saving is composed of 

Answer

Answer: Dividends and undistributed corporate profits

Q32: Trade balance of a country is equal to 

Answer

Answer: Export – Import balance

Q33: Traditional delivery of magazines refers to 

Answer

Answer: Delivery through professionals

Q34: Traditionally, managers were marked by 

Answer

Answer: Reactive and tribalistic values

Q35: Transactions are recorded in the journal in 

Answer

Answer: Chronological order

Q36: Transformation advertising is an example of 

Answer

Answer: Direct action advertising

Q37: Trashcan hypothesis states that 

Answer

Answer: No work is less important

Q38: Traveller’s cheque is a cheque issued by 

Answer

Answer: The bank and encashable at one branch

Q39: Trend analysis may be characterized by 

Answer

Answer: Assuming that the future will be continuation of the past in some long-term trend

Q40: Trimmings in timber industry should be treated as a 

Answer

Answer: Scrap

Q41: Under expectancy theory motivation increases when 

Answer

Answer: Valence increases

Q42: Under expectancy theory of motivation, increase in motivation results when 

Answer

Answer: Valence increase

Q43: Under the Companies Act, the “Financial Year” of a company 

Answer

Answer: May be more or less than a calendar year, but it shall not exceed 15 months

Q44: Under the permanent deposit scheme 

Answer

Answer: The importer maintains a running a/c with the custom office

Q45: Under-capitalisation may result from 

Answer

Answer: Understanding the rate of capitalisation

Q46: Under-capitalisation refers to 

Answer

Answer: Actual capitalisation being lower than proper capitalisation

Q47: Underachiever is a person who 

Answer

Answer: Achieves less than he is capable of for want of challenging job

Q48: Unfreezing means 

Answer

Answer: A condition of latique

Q49: Unity of command is violated under 

Answer

Answer: Functional organisation

Q50: Until a bill of exchange is accepted, primary liability there on is that of 

Answer

Answer: Drawer

Q51: Uses of the funds means 

Answer

Answer: Decrease in liabilities

Q52: Utility in Economics means 

Answer

Answer: What satisfying

Q53: VABAL Based Advance Licensing 

Answer

Answer: Value Based Advance Licensing

Q54: Variable cost per unit 

Answer

Answer: Remains constant

Q55: Variable Reserve Ratio means varying the 

Answer

Answer: Ratio of balance the banks have to keep with Reserve

Q56: Warehouse expense is an example of 

Answer

Answer: Distribution overhead

Q57: Waters capital means 

Answer

Answer: Part of the capital not represented by assets

Q58: What are marketing mix variables 

Answer

Answer: Product, Place, Price and promotion

Q59: What are the consumer goods 

Answer

Answer: Convenience goods

Q60: What are the two patronage motives 

Answer

Answer: Emotional and Rational patronage

Q61: What area of marketing is called as ‘Dark Continent’ 

Answer

Answer: Physical Distribution

Q62: What characteristic distinguishes line management from staff management 

Answer

Answer: Competence

Q63: What do you mean by halo error 

Answer

Answer: An error of judgement

Q64: What do you mean by managerial grid 

Answer

Answer: A leadership system

Q65: What do you mean for bank giro 

Answer

Answer: Method used by clearing banks for rapid funds transfer

Q66: What do you understand by comparative advertising 

Answer

Answer: The style of advertising that names competition directly

Q67: What do you understand by kickback 

Answer

Answer: A illegal commission paid to grab a contract

Q68: What for ‘AAA’ stands 

Answer

Answer: Highest Safety, Return and Investment Security

Q69: What for BBB stands 

Answer

Answer: Moderate safety, risk and return

Q70: What for ECGCI stands 

Answer

Answer: Export Credit and Gurantee Corporation of India

Q71: What for GNATT charts are used 

Answer

Answer: They help to plan production and actual performance over a period of time

Q72: What for memory unit in a computer is used 

Answer

Answer: Storing data

Q73: What for NCAER Stands 

Answer

Answer: National Council for Applied Economic Research

Q74: What for the term secondary boycott stands 

Answer

Answer: Pressure put on employer by those not directly involved in an industrial dispute

Q75: What IQ is calculated 

Answer

Answer: IQ=MA/PA

Q76: What is a certificate of origin 

Answer

Answer: A certificate indicating origin of import

Q77: What is a complex man concept in organisational behaviour 

Answer

Answer: A man with different ideas, attitudes, expectations at one time

Q78: What is a customer want 

Answer

Answer: Goods for which consumer is willing and able to pay

Q79: What is a franchise 

Answer

Answer: An independent business that sells or services, uses the name of the company and adopt policies in an exclusive territory granted by the company

Q80: What is a Halo effect 

Answer

Answer: The transfer of consumer goodwill from one product in a company’s line to another because both products use the company’s name &/or same brandname

Q81: What is a jobclub 

Answer

Answer: A placement agency

Q82: What is a loss leader 

Answer

Answer: A member of a group who is capable of inflencing others in that group to buy

Q83: What is a managerial grid 

Answer

Answer: A nine by nine matrix outlining 81 different leadership styles

Q84: What is a matrix organization 

Answer

Answer: An organization with many deptts and product centres

Q85: What is a portfolio management 

Answer

Answer: Balancing of risk, and capital gains by proper management of equity and other forms of assets

Q86: What is a private brand 

Answer

Answer: A brand which is sponsored by merchants / agents

Q87: What is a proxy 

Answer

Answer: It is a substitute to vote for another

Q88: What is a Random Walk theory 

Answer

Answer: In market an investor if benefited by one particular scrip once, similar advantage cannot be gained by him twice

Q89: What is a self image 

Answer

Answer: Idea that a person has ideas about his own character

Q90: What is a SIMO chart 

Answer

Answer: Simultaneous Motion chart

Q91: What is a solid 

Answer

Answer: Association of merchants and shopkeepers

Q92: What is a Wash Sale 

Answer

Answer: The sale in which the seller repurchases the security immediately after selling

Q93: What is a white collar crime 

Answer

Answer: Bribes accepted by officer

Q94: What is ab-initio 

Answer

Answer: Right from the beginning

Q95: What is ABC analysis 

Answer

Answer: Always Better Control of inventory control

Q96: What is accounting treatment to discount on issue of shares or debentures 

Answer

Answer: Increase in fixed liabilities

Q97: What is ad interim 

Answer

Answer: For the mean time

Q98: What is ad volerem 

Answer

Answer: According to value

Q99: What is an holding company 

Answer

Answer: A company having control over the another is called as the holding company

Q100: What is an host country 

Answer

Answer: A country in which the operational unit of MNC resides

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