PPM Objective Set 3

Q1: A plan formulated for a definite period and expressed in quantity terms 

Answer

Answer: A budget

Q2: A plan that identifies the most effective combination of promotional activities is referred as 

Answer

Answer: Promotional mix

Q3: A point slightly above the mathematical centre of a page od termed as 

Answer

Answer: Focal centre

Q4: A pool is a type of 

Answer

Answer: Horizontal combination

Q5: A positive leader is one who motivates people by 

Answer

Answer: Increasing their satisfaction

Q6: A preference Share carries preferential rights 

Answer

Answer: To repayment of dividend and repayment of capital at the time of winding up of the company

Q7: A premium given to a retailer by a manufacturer for buying a certain quantity of a product is 

Answer

Answer: Push money

Q8: A private company 

Answer

Answer: Can issue deferred shares with disproportionate voting rights

Q9: A private company must have at least 

Answer

Answer: Two director

Q10: A private company should have at least 

Answer

Answer: 2 members

Q11: A private limited company can start business 

Answer

Answer: After obtaining certificate of incorporation

Q12: A products position is located in the minds of 

Answer

Answer: Consumer

Q13: A project, which may not add to the existing profits, should be financed by 

Answer

Answer: Equity capital

Q14: A promissory note 

Answer

Answer: Cannot be drawn in sets

Q15: A promotional strategy that is designed to encourage consumers to ask for product is 

Answer

Answer: Full strategy

Q16: A provision is a 

Answer

Answer: None of these—a)General reserve
b)Specific reserve
c)Capital reserve expenditure

Q17: A public corporation means 

Answer

Answer: Statutory Corporation

Q18: A public or charitable trust is one which is created for the benefit of 

Answer

Answer: Community as a whole

Q19: A purchase book records 

Answer

Answer: Only credit purchase of merchandise

Q20: A rational, informational message that emphasizes a strong argument, and calls for action is known as 

Answer

Answer: Hard sell

Q21: A refusal on the part of employees to buy a product from the producer is known as 

Answer

Answer: A primary boycott

Q22: A share has been defined by 

Answer

Answer: The Companies Act, 1956

Q23: A share holder is the part owner of a company whereas debenture holder is only 

Answer

Answer: A creditor

Q24: A ship is so damaged that the cost of its repairs will exceed its value after repairs. It is a case of 

Answer

Answer: Constructive total loss

Q25: A situation where labour and management are required by law to submit their claim for dispute is known as 

Answer

Answer: Compulsory arbitration

Q26: A special type of condition which is given as per will of the donar is called as 

Answer

Answer: A legacy

Q27: A speculator who applies for new share is 

Answer

Answer: A stag

Q28: A spin-off usually indicated 

Answer

Answer: Diversification

Q29: A statistical technique for measuring change in a group of items over a period of time is 

Answer

Answer: An index number

Q30: A strike will cause the worker to 

Answer

Answer: None of these—correct answer.
Quit his position
lose his seniority
receive no strike fund benefits

Q31: A subhead that leads form the leadline into the body copy is termed as 

Answer

Answer: Overline

Q32: A subhead that leads into the headline is called as 

Answer

Answer: Caption

Q33: A technique that produces a projected 3-D image is referred as 

Answer

Answer: Kinctography

Q34: A television technique where one image is added to another that is already on the screed is known as 

Answer

Answer: Superimpose

Q35: A theory is 

Answer

Answer: A validated hypothesis

Q36: A token woman is a woman 

Answer

Answer: A woman member of committee to show that women are being represented

Q37: A tool that purpose strategies for targeting the audience presenting the advertising message, and implementing media is 

Answer

Answer: Advertising campaign

Q38: A transaction does not result in the flow of fund when 

Answer

Answer: Current asset is converted into another current asset

Q39: A transaction results in the flow of fund 

Answer

Answer: All of these—a)Non-current asset is purchased out of a current asset
b)Debentures are redeemed
c)Preference share capital is issued

Q40: A transfer income best defined as one 

Answer

Answer: Which does not represent income of economic activity

Q41: A type of advertising used by firms to establish their reputation or increase awareness is termed as 

Answer

Answer: Corporate identity advertising

Q42: A type of public relations advertising that deals with public welfare issues and is typically run face of charge is referred as 

Answer

Answer: Advocacy advertising

Q43: A typical impact study involves a system view in assessing probable effects on the firm’s 

Answer

Answer: Remote environment

Q44: A valid definition of a business purpose is to 

Answer

Answer: Create a customer

Q45: A… is a planned result that an enterprise aims to attain 

Answer

Answer: Budget

Q46: A…. is a prediction of what will happen as a result of a given set of circumstances 

Answer

Answer: Fixed cost

Q47: Absorption means 

Answer

Answer: Charging of overheads to cost nits

Q48: According to Haney, excessive competition’ leading to the formation of business combination is a 

Answer

Answer: Baconing force

Q49: According to Maslow’s need-hierarchy theory of motivation 

Answer

Answer: An unsatisfied need is a motivator of behaviour

Q50: According to the International Labour Organisation, what percentage of male workers in India is under/ unemployed 

Answer

Answer: 0%

Q51: Acid Test Ratio means ratio between 

Answer

Answer: Book debts to current liabilities

Q52: Ad-valorem duty is charged as a percentage of 

Answer

Answer: Invoice value

Q53: Adequate motivation of employees results in 

Answer

Answer: Boosting the morale of the subordinates

Q54: Admission fees received by a cricket clus is 

Answer

Answer: Revenue receipt

Q55: Advances to small borrowers are guaranteed by 

Answer

Answer: Deposit Insurance and Credit Guarantee Corporation

Q56: Advertising merchandising, pricing, channels , services etc companies a 

Answer

Answer: Competitive marketing plan

Q57: Advertising text that is written from the company’s point of view of extall its virtues and accomplishments is 

Answer

Answer: Bray-and boast copy

Q58: Advertising which creates messages through a slow accumulation of positive image is 

Answer

Answer: Soft-sell advertising

Q59: Advertising works at 

Answer

Answer: All the above

Q60: After adjustments have been made at the end of the year, there is a balance in Insurance Expense account. In which of the following categories it falls 

Answer

Answer: Expense

Q61: Aggressive marketing, minimal marketing and balanced marketing, these 3 styles of marketing are given by 

Answer

Answer: Philip Kotlar

Q62: Agreement of the trial balance indicates that 

Answer

Answer: Arithmetic accuracy is perfect proved

Q63: Airlines cruise ships, travel agencies constitutes the 

Answer

Answer: Resellers market

Q64: All the following are types of averages except 

Answer

Answer: Medium

Q65: Among other things, a marketing plan should includes 

Answer

Answer: All of these

Q66: Amount the other things, a marketing control system should be based on 

Answer

Answer: Characteristics and sizes of markets involved

Q67: An act is said to be ultra vires a company when it is beyond the powers 

Answer

Answer: Of the directors

Q68: An Ad agency does not has its support department as 

Answer

Answer: None of these—correct answer.
Trafic
Print Production
Human resources

Q69: An ad in which the printed area runs to the trim of the page is 

Answer

Answer: Contrast

Q70: An advantage of collective bargaining to the employer is that 

Answer

Answer: The contract is binding on both parties

Q71: An advertising agency 

Answer

Answer: Performs all the above function

Q72: An advertising format in which spoke person describes a positive personal experience with the product is termed as 

Answer

Answer: Testimonial

Q73: An advertising problem in which an ad is so creative or entertainiry that it overwhelms the product is termed as 

Answer

Answer: Superimpose

Q74: An agreement in which a television advertiser buys commercial time from a network is termed of 

Answer

Answer: Spot announcement

Q75: An analyst wishing to determine a company’s ability to meet its current liabilities would probably calculate 

Answer

Answer: The current ratio from the company’s income statement

Q76: An association formed by those engaged in the same line of trade to loh after the common interest of trade is known as 

Answer

Answer: Trade Association

Q77: An association formed to serve the interest of all business engaged in different trade is called 

Answer

Answer: Chamber of Commerce

Q78: An association of 25 person not registered under the Companies Act, but carrying on business is a 

Answer

Answer: Illegal Association

Q79: An emotional message that uses mood, ambiuity and suspense to create or reponses bases on fellings and sttitudes is 

Answer

Answer: Indirect sell

Q80: An example of an asset subject to depletion is 

Answer

Answer: Timber

Q81: An example of an intangible asset is 

Answer

Answer: Goodwill

Q82: An example of direct expense is 

Answer

Answer: Hire of a special plant for a particular job

Q83: An exercise in which one describes everything that comes in mind white thinking of a word or in image, is 

Answer

Answer: Visualisation

Q84: An extreme concentration on strategy is termed as 

Answer

Answer: Strategy targeting

Q85: An important index of underdevelopment is 

Answer

Answer: Low real per capital income

Q86: An incentive plan which pays an individual by the number of units he or she produces is known as 

Answer

Answer: Piecework

Q87: An income demand curve for an inferior commodity slopes 

Answer

Answer: Upwards to right

Q88: An indent house is one which 

Answer

Answer: Serves as middleman between importer and exporter of goods for getting orders

Q89: An indent means 

Answer

Answer: An order containing terms of contract

Q90: An indifference curve 

Answer

Answer: Slopes downwards from left to right

Q91: An indifference curve is always 

Answer

Answer: Convex to the origin

Q92: An individual who does not take an active role in a business, but is known to the public as a member, is a 

Answer

Answer: Silent partner

Q93: An individual who is known to the public, takes an active part in the business, and had unlimited liability, is termed as 

Answer

Answer: General partner

Q94: An individual who takes an active role in partnership affairs, but is not known to the public, is called a 

Answer

Answer: Secret partner

Q95: An individual’s demand for good is 

Answer

Answer: The amount he will buy at any given price

Q96: An industrial product marketing department might tend to organize around 

Answer

Answer: Strong sales and distribution

Q97: An informal organization often exists within a business because 

Answer

Answer: All the above

Q98: An instrument in writing (not being a bank note or a currency note) containing an unconditional undertaking, signed by the marker to pay a certain sum of money only to or the order of a certain person, or to the bearer of the instrument is a 

Answer

Answer: Promissory note

Q99: An item whose entire amount is usually a differential cost is 

Answer

Answer: Direct cost

Q100: An oligopolistic firm 

Answer

Answer: None of these—a)Is a price-taker
b)Sells a product for which there are no good substitutes
c)Does not influence the action of other firms

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