Management Questions and Answers for Competitive Exams | MBA BBA Quiz Set 25

1 Some of the driving forces behind the evolution of corporate social responsibility are :

(a) Concerns and expectations from citizens, public authorities, and investors.

(b) Decisions made by individuals and institutions influenced by the criteria of foreign trade.

(c) Concerns about the impact of economic activities on the production houses.

(d) Increased transparency of business activities because of the development in information technology.

Code :

2 As per the Indian Companies Act, 2013 a qualified Indian company is required to contribute at least 2% of its average net profit towards corporate social responsibilities activities. In which of the following situations the company is required to follow the provisions ?

3 The product control is achieved through what ?

4 When an employee is transferred to an international location and his salary reflects his home country’s salary with allowances added for cost-of-living differences, the employer has used a _____ salary plan.

5 Assertion (A) : Distributive bargaining is also termed as ‘zero sum’ game.

Reason (R) : It results in one party’s gain with loss of other party.

Codes :

6 Choose the correct code :

Statement – I : Decide on the nature and amounts of incentives to be paid to subordinates is a department supervisor’s (line) activity.

Statement – II : Conducting job evaluation procedures aimed at determining relative worth of each job in the organization is a HR Specialists’ (staff) activity.

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7 From the following statements, select the correct answer :

Statement – I : Establishing the day-to-day climate of mutual respect and trust needed to maintain healthy labour management relations is HR specialists’ (staff) activity.

Statement – II : Diagnosing underlying causes of labour discontent with an eye toward anticipating the sorts of morale and other problems that may lead to unionization efforts is a department supervisors’ (line) activity.

Code :

8 The appointment of Labour Welfare Officer in Indian Industry was recommended primarily by which of the following ?

9 Consider the following statements and indicate the correct answer :

Statement – I : Companies that adopt value pricing win loyal customers by charging reasonable price for a high-quality offering.

Statement – II : Value pricing is a matter of re-engineering the company’s operations to become a low-cost producer without sacrificing quality.

Codes :

10 Which one of the following is true for value marketing ?

11 _____ aims to stimulate repeat purchase of products and services.

12 Which of the following factors are considered when setting the advertising budget ?

(a) Stage of the product life cycle

(b) Market share and consumer base

(c) Competition and clutter

(d) Advertising frequency

(e) Product substitutability

Code :

13 Which one is a true statement ?

14 Which one of the following statements is true ?

15 A company has a total investment of ` 5,00,000 in assets, and ` 50,000 outstanding shares at ` 10 per share (par value). It earns a rate of 15% on its investment, and has a policy of retaining 50% of the earnings. If the appropriate discount rate of the firm is 10%, determine the price of its share using Gordon’s model.