PPM Objective Set 13

Q1: What is an imperfect market 

Answer

Answer: A situation where market information is not available

Q2: What is an infrastructure 

Answer

Answer: Power, Transport and Banking insurance

Q3: What is an odd lot 

Answer

Answer: A lot of shares different from the round lot

Q4: What is an opinion leader 

Answer

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

Q5: What is an option 

Answer

Answer: It is right to buy or sale before the due date at less than predetermined price

Q6: What is an utility of a commodity 

Answer

Answer: Want satisfying capacity

Q7: What is ARDC 

Answer

Answer: Agricultural Refinance and Development Corporation

Q8: What is ARS 

Answer

Answer: Automatic Refinance Scheme

Q9: What is balanced scheme 

Answer

Answer: The scheme in which there is balancing of income, growth and stability

Q10: What is bearer’s share 

Answer

Answer: Share Certificate

Q11: What is bounded warehouse 

Answer

Answer: A warehouse that accepts imported goods for storage before payment of custom

Q12: What is Brain storming 

Answer

Answer: An idea generation process eith free lance thinking

Q13: What is brand mark 

Answer

Answer: A part of brand which can be recognised but cannot be uttered

Q14: What is Buymanship 

Answer

Answer: Better, rational and prudent buying than emotional buying

Q15: What is called to buying of shares by taking money from brokers 

Answer

Answer: Margin trading

Q16: What is called to the general statement that guides decision making while planning 

Answer

Answer: A policy

Q17: What is called to the special kind of plan formulated in order to meet challenge if the policies of competitors 

Answer

Answer: A strategy

Q18: What is called to the speed with which inventory is converted into cash 

Answer

Answer: Turnover

Q19: What is called to the voluntary non-profit association of people engaged in trade, commerce and industry 

Answer

Answer: Chamber of Commerce

Q20: What is carrying cost 

Answer

Answer: The expenses associated with maintenance and storage of a commodity before it is sold

Q21: What is Causa Proxima 

Answer

Answer: It is the nearest possible cause for occurance of an event

Q22: What is coersive power 

Answer

Answer: Power due to position

Q23: What is collectivism 

Answer

Answer: A national culture attribute that describes the social fabric/framework od a country

Q24: What is conflict paradox 

Answer

Answer: Conflict contributes to a group’s performance but most groups and organisation try to eliminate it

Q25: What is conglomerate diversification 

Answer

Answer: 1. The development of business unrelated to the firms current business
2. A situation where the company undertakes new activities in new markets

Q26: What is cornering 

Answer

Answer: Formation of a false and misleading opinion about a company in stock market

Q27: What is customer sensing 

Answer

Answer: This is studying the customer reactions to the business/product

Q28: What is Delphi method sales forecast 

Answer

Answer: A survey of expert opinion bases on futuristic broad estimates

Q29: What is distinguished unemployment 

Answer

Answer: More works engaged in a job than required

Q30: What is dividend mandate 

Answer

Answer: Dividend to be deposited in account on request of shareholders

Q31: What is doctrine of constructive notice 

Answer

Answer: Every internal person dealing with a company should ne properly informed about its activities

Q32: What is double option 

Answer

Answer: A combination of both, call and put option

Q33: What is engineering standars 

Answer

Answer: A standard concerned with parts of the product which are directly concerned with manufacturing activity

Q34: What is ERG theory 

Answer

Answer: Three needs of a man, Existance, Relatedness and Growth

Q35: What is Ergonomics 

Answer

Answer: An arrangement of sitting, posture etc. to improve work performance

Q36: What is expectancy motivation formula 

Answer

Answer: M = incentives x productivity

Q37: What is family packaging 

Answer

Answer: When a particular manufacturer uses and identical way packaging for all his product

Q38: What is FEDAI 

Answer

Answer: Foreign Exchange Dealers Association of India

Q39: What is forward purchasing 

Answer

Answer: Purchase in advance for specified future period through forward delivery

Q40: What is Franco price in marketing 

Answer

Answer: C and F price plus other expenses upto buyers door

Q41: What is gold bricking 

Answer

Answer: A special productivity linked incentive

Q42: What is golden handshake 

Answer

Answer: A tax free sum of money given to a retiring employee

Q43: What is goldenhand cuts 

Answer

Answer: Special term of employment which make it functionally difficult for an employees to resign

Q44: What is Grasp 

Answer

Answer: Graphical Robot Assessment and Simulation Package

Q45: What is growth scheme 

Answer

Answer: In growth scheme, emphasis is given on capital appreciation

Q46: What is HIPO 

Answer

Answer: High input process output

Q47: What is ICRA 

Answer

Answer: Investment Information and Credit Rating Agency of India

Q48: What is Indent House 

Answer

Answer: Professional middlemen operating in the foreign market in connection with overseas exporters and importers

Q49: What is IRBI 

Answer

Answer: Industrial Reconstruction Bank of India

Q50: What is KANBAN System of production 

Answer

Answer: Non computer based, control of work flow to reduce the inventory to zero (Just in Time)

Q51: What is Kerb dealing 

Answer

Answer: Transaction done among dealers after the closing of the official trading hours

Q52: What is kinesics 

Answer

Answer: The study if body motions

Q53: What is known as a charter of a Company 

Answer

Answer: Memorandum of Association

Q54: What is Market Griding 

Answer

Answer: The technique which facilitates discrimination of markets into classes

Q55: What is markup pricing 

Answer

Answer: The selling price of the product is fixed by adding a margin to the cost price

Q56: What is matrix mixture 

Answer

Answer: A structure that creates dual lines of authority

Q57: What is meant by span of control 

Answer

Answer: A manager can supervise limited number of persons

Q58: What is monoposny 

Answer

Answer: Single buyer dominates the market

Q59: What is normative standard 

Answer

Answer: Standard based on presence or absence of certain qualities

Q60: What is not included in the Balance Sheet 

Answer

Answer: Non monetary transactions

Q61: What is ORG 

Answer

Answer: Operations Research Group

Q62: What is parri-passu 

Answer

Answer: With place together

Q63: What is PMTS 

Answer

Answer: Predetermined Motion Times Studies

Q64: What is point of purchase material 

Answer

Answer: The collective name for promotional tools used in sales displays. (Banners, price cards, posters etc.)

Q65: What is principle reason for charging of depreciation 

Answer

Answer: Outdated assets to be replaced

Q66: What is QWL 

Answer

Answer: Quality of work life. A process by which organisation responds to its members to improve their overall living standard

Q67: What is reinforcement 

Answer

Answer: Fundamental condition of learning

Q68: What is run out approach 

Answer

Answer: Refusal by employees to do critical jobs

Q69: What is SAMMIE 

Answer

Answer: System for Aiding Man Machine Interaction Evaluation

Q70: What is SDR 

Answer

Answer: Special Drawing Rights

Q71: What is seen as a part of border movement that seeks increased social responsibility 

Answer

Answer: Sorietal marketing

Q72: What is Semantics 

Answer

Answer: The effect of symbols upon minds and actions

Q73: What is Social Audit 

Answer

Answer: Attempt to measure social product and generation of social wealth

Q74: What is stand alone risk 

Answer

Answer: Risk of a project when viewed in isolation

Q75: What is SWAP in financial market 

Answer

Answer: Exchange of one set of financial obligation for mother

Q76: What is SWOT Analysis 

Answer

Answer: Strengths, Weakness, Opportunities and Threats

Q77: What is the aim of production activity 

Answer

Answer: To convert materials into goods

Q78: What is the estimated work force of child labour in the country 

Answer

Answer: 150 lakhs

Q79: What is the function STC 

Answer

Answer: Promotion of trade

Q80: What is the maximum no. of the persons a Pvt. Ltd. company can have as its members 

Answer

Answer: 50 Plus past employee plus existing employees or whom the shares are issued

Q81: What is the remedy for over capitalization 

Answer

Answer: Redemption of debentures

Q82: What is the salient feature of MBO 

Answer

Answer: Individual’s objectives coincide with organisation’s objectives

Q83: What is traded in Bullion Market 

Answer

Answer: Silver, Gold and Precious Stones

Q84: What is ultravires 

Answer

Answer: An action beyond the scope/preview of ones specialised limit

Q85: What is VPP 

Answer

Answer: Value Payable by Post

Q86: What is work to rule 

Answer

Answer: A contract to work strictly acc. to terms agreed between union and management

Q87: What is yellow Dog Contract 

Answer

Answer: A contract that only authorised unions will be allowed to participate in negotiations

Q88: What kind of asset is goodwill 

Answer

Answer: Intangible

Q89: What kind of ratio is D/E ratio 

Answer

Answer: Solvency ratio

Q90: What one means by wild cat strike 

Answer

Answer: A strike without pre-notice

Q91: What term is used for declaring a member if defaulter 

Answer

Answer: Lame dark

Q92: What the term graphology indicates 

Answer

Answer: A study of handwriting

Q93: What the term valance indicates 

Answer

Answer: An important ingredient in motivation

Q94: When a company is registered and a certificate of incorporation is issued by the Registrar 

Answer

Answer: It acquires a perpetual by the Registrar

Q95: When a company issues shares to vendors of assets for a consideration other than cash, such shares are issued 

Answer

Answer: Any of these

Q96: When a company organizes by markets, served the markets are usually 

Answer

Answer: Differentiated and large

Q97: When a contract is not completed at the end of the year, loss on incomplete contract is 

Answer

Answer: Transferred to Profit and Loss Account

Q98: When a country decides to product goods that will bring it the greatest advantage, it is accepting the principle of 

Answer

Answer: Economic advantage

Q99: When a group generates new ideas and forecasts, this is called 

Answer

Answer: Brainstorming

Q100: When a growing company reaches the point where the product lines are too complex for a functionally oriented marketing department, it will often turn to 

Answer

Answer: All of these

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