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Question : What is the meaning of mutual agency in a partnership firm?

Option 1: The firm will carry on a lawful business

Option 2: The partners will share the profit/losses of the business

Option 3: Business may be carried on by all or by any of them acting for all

Option 4: None of these

Team Careers360 25th Jan, 2024

Correct Answer: Business may be carried on by all or by any of them acting for all


Solution : Mutual agency in a partnership means business is carried on by all the partners or by any of them acting for all. Hence, the correct option is 3.

2 Views

Question : Case Study:

ABC Corporation promotes its energy-efficient home appliances through advertisements that emphasize the long-term cost savings for consumers. What objection to advertising is minimized through this approach?

 

Option 1: Lack of Credibility

Option 2: Overexposure

Option 3: Irrelevance

Option 4: Exaggeration and Deception

Team Careers360 24th Jan, 2024

Correct Answer: Irrelevance


Solution : The correct answer is (c) Irrelevance.

By highlighting the long-term cost savings, ABC Corporation makes the advertisement more relevant to consumers who are likely interested in saving money over an extended period. It directly addresses a significant concern for consumers, making the advertisement more pertinent

16 Views

Hi I done my PG(MCA) will I have any change to take phd in computers

Akansha Sharma 2nd Dec, 2024

Yes, after completing your MCA (Master of Computer Applications), you are eligible to apply for a PhD in Computer Science, provided you meet the specific eligibility criteria of the institution you're applying to. Many universities accept MCA graduates for PhD programs, especially if you have a strong academic background, research

8 Views

Question : Case Study:

FreshFoods Inc. believes in delivering customer value and satisfaction through its products and services. Which feature of marketing is highlighted in this case?

 

Option 1: Profit Maximization

Option 2: Customer Orientation

Option 3: Production Efficiency

Option 4: Financial Analysis

Team Careers360 25th Jan, 2024

Correct Answer: Customer Orientation


Solution : The correct answer is (b) Customer Orientation

FreshFoods Inc. believes in delivering customer value and satisfaction through its products and services, indicating a focus on meeting the needs and preferences of their customers. Customer orientation is a fundamental aspect of marketing, where businesses prioritize

17 Views

Question : Why was the translation of Ain-i-Akbari into different languages important for the Mughal administration?

Option 1: It helped in spreading Mughal culture

Option 2: It facilitated better communication within the empire

Option 3: It was used as a diplomatic tool

Option 4: It enhanced trade relations with foreign countries

Team Careers360 25th Jan, 2024

Correct Answer: It facilitated better communication within the empire


Solution : Correct Option: Option 2
Explanation: The translation of Ain-i-Akbari into different languages was important for the Mughal administration as it facilitated better communication within the diverse and multilingual empire, ensuring effective governance.

11 Views

Question : Case Study 18:

ABC Pharmaceuticals is a company that manufactures and sells medicinal products. The management team at ABC is concerned about maintaining the quality of its products and ensuring compliance with regulatory standards.

Question:

Which feature of controlling is ABC Pharmaceuticals most likely to emphasize?

 

Option 1: Goal setting.

Option 2: Employee training.

Option 3: Workplace diversity.

Option 4: External communication.

Team Careers360 24th Jan, 2024

Correct Answer: Goal setting.


Solution : The correct answer is (a) Goal setting.

ABC Pharmaceuticals is most likely to emphasize goal setting in the process of controlling. Goal setting is a crucial aspect of control as it involves defining specific objectives related to product quality and regulatory compliance. It allows

7 Views

Question : What is the significance of the iron and steel industry?

 

Option 1: It is used in the production of textiles

Option 2: It is a major component in construction and manufacturing

Option 3: It is primarily used in agriculture

Option 4: It has no significant industrial use

Team Careers360 25th Jan, 2024

Correct Answer: It is a major component in construction and manufacturing


Solution : The iron and steel industry is crucial for construction and manufacturing, as it provides essential materials for buildings, infrastructure, and machinery.

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