An economic environmental factor is
A. Emphasis on knowledge management
B. National income and its distribution
C. Profitability and its distribution
D. Changing workforce profile
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A concept in retailing that helps explain the emergence of new retailers is called the . . . . . . . . hypothesis.
A. Product life cycle
B. Service assortment
C. Retail life cycle
D. Wheel-of-retailing
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Maximum number of partners in firm formed by banking business is
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What is the term used popularly for the situation when a speculator, being dominant in the market, expects a drop in the value of a particular currency and he begins selling it forward?
A. International Fisher Effect
B. Bandwagon Effect
C. Interest Rate Parity Effect
D. Relative Version Effect
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One of the disadvantages of sole proprietory organization is:
A. Unlimited liability
B. Secrecy
C. Lower cost of management
D. All of the above
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Which of the following is not a component of a specific environment?
A. Marketing intermediaries
B. Financial intermediaries
C. Economic system
D. Public
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The most important properties of a joint venture company is
A. Limited liability
B. Transferability of shares
C. Extension area
D. Establishment by Act
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Which one of the following will not act as an incentive for exports?
A. to increase the intrinsic value of money
B. to reduce the prices of goods within the country
C. internal devaluation of currency
D. to provide loans at low rate of interest for exports
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The liability of the Karta in a joint hindu family is
A. to the extent of his interest in the joint family
B. unlimited
C. to the extent of the total wealth of the family
D. to the extent of the personal properties of all the members
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Line and staff organization is the extension of-
A. Functional organization
B. Line organization
C. Informal organization
D. Committee organization
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Foreign exchange for import of goods is sanctioned by:
A. Exim Bank
B. Reserve Bank of India
C. State Bank
D. Ministry of Commerce
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Which one of the following is the most democratic form of organisation?
A. Line
B. Line and staff
C. Functional
D. Committee
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The oldest form of business organization is-
A. Partnership
B. Sole proprietor
C. Company
D. Cooperative undertakings
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In the co-operative organisation, the voting rights of members are
A. in proportion to the capital paid by each member
B. equal, irrespective of the amount of capital contribution by members
C. in proportion to the nominal value of capital held by each member
D. in proportion to the total finance supplied including the amount of loan by each member
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The main advantage of decentralised organisation is:
A. Top executive extends his control area
B. Co-ordination of activities becomes automatic
C. Top management can manage by 'exception'
D. Operation costs are lower
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Maximum number of partners in a firm for non-banking business is:
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The form of business organization for which no specific act has been made is
A. Partnership
B. Company
C. Cooperative society
D. Sole trade business
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Who owns the public sector undertakings
A. Personal
B. Government
C. Cooperatives
D. Joint
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Members of a private company:
A. Can transfer shares by obtaining permission of the Government
B. Can transfer shares freely
C. Cannot transfer shares at all
D. Can transfer shares within restrictions imposed by articles
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Match
List-I with
List-II :
List-I
List-II
a. Transfer of ownership
1. Negotiable Instrument
b. Sale of goodwill after dissolution
2. Contract of sale of goods
c. Buy-back of securities
3. Dissolution of partnership firm
d. Promissory Note
4. Share capital of company
Choose the correct option from those given below:
A. a-2, b-3, c-4, d-1
B. a-3, b-4, c-2, d-1
C. a-4, b-2, c-1, d-3
D. a-1, b-2, c-3, d-4
Select an option to see the answer and solution.