It's a Question of your Career!

Question : The concept of elasticity is important for businesses to determine:

Option 1: The optimal pricing strategy.

Option 2: The advertising budget.

Option 3: The cost of production.

Option 4: The market share.

Question : An effect of intergroup conflict can be:  

Option 1: Increased group cohesion within the opposing groups  

Option 2: Decreased prejudice between the groups  

Option 3: Improved communication across groups  

Option 4: Enhanced cooperation between the groups  

Question : Rahul, a worker is given target of assembling two computer per day. Due to his habit of doing things differently, an idea stuck him which would not only reduce the assembling time of computers but would also reduce the cost of production of computer. Rahul's supervisor instead of appreciating him, ordered him to complete the work as per the method and technique decided earlier as nothing could be change at this stage. 
The above para describes one of the limitation of planning function of management. Name that limitation?

Option 1: Planning reduces creativity

Option 2: Planning may not work in a dynamic environment 

Option 3: Planning leads to rigidity 

Option 4: Planning is a time consuming process

Question : Statement 1: A flexible organizational structure adapts well to changing environments.

Statement 2: Flexible structures have rigid hierarchies and communication flows.

Option 1: Statement 1 is true, and Statement 2 is false.

Option 2: Statement 1 is false, and Statement 2 is true.

Option 3: Both Statement 1 and Statement 2 are true.

Option 4: Both Statement 1 and Statement 2 are false.

Question : Comprehension:

Read the following passage and answer the questions given after it.

From January 28 to February 4, 2023, a Chinese-operated, large white high-altitude balloon was seen in North American airspace, including Alaska, western Canada, and the contiguous United States. The American and Canadian militaries asserted that the balloon was for surveillance, while the Chinese government maintained it was a civilian meteorological research airship that had been blown off course. Analysts said that the balloon's flight path and structural characteristics made it dissimilar from those which have typically been used for meteorological research. The U.S. Department of State said that the balloon was capable of locating electronic communication devices, including mobile phones and radios, and that

American U-2 reconnaissance aircraft deployed to track the balloon in the air revealed that the balloon carried antennas and other equipment "clearly for intelligence surveillance and inconsistent with the equipment on board weather balloons." The State Department said that the spy balloon was part of a global Chinese military-directed surveillance effort in which Chinese spy balloons have flown over more than 40 nations in five continents.

On February 4, the U.S. Air Force shot down the balloon over U.S. territorial waters off the coast of South Carolina, on the order of U.S. President Joe Biden. Debris from the wreckage was recovered and sent to the FBI Laboratory in Quantico, Virginia, for analysis.

The incident increased U.S.-China tensions. The incident prompted U.S. Secretary of State Antony Blinken to delay a diplomatic visit to Beijing, which was set to be his first since 2018. It also further strained Canada-China relations, as Canada summoned the Chinese ambassador because of the violation of Canadian airspace. On February 3, the U.S. Department of Defense announced that a second Chinese balloon was passing over Latin America, which China also said belonged to it. On February 10, the Air Force shot down another aerial object over U.S. territory at the order of President Biden.

Question:

The passage is mainly about

Option 1: the strained relations between US and China

Option 2: a Chinese spy balloon flying over US and Canadian territories

Option 3: China's global military-directed surveillance

Option 4: Chinese balloons flying all over the world

Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Globalisation is not a new (1)_______. Traders travelled vast distances in ancient times to buy commodities that were (2) ______and expensive for sale in their homelands. The Industrial Revolution brought (3)_________ in transportation and communication in the 19th century that eased trade across borders. The think tank, Peterson Institute for International Economics (PIIE), states globalisation (4)________after World War I and nations moved toward (5)________ as they launched import taxes to more closely guard their industries in the aftermath of the conflict.

Select the most appropriate option to fill in the blank number 3.

Option 1: chaos

Option 2: advances

Option 3: issues

Option 4: a decline

Question : What is the role of supervision in directing?

Option 1: Providing direction and guidance to employees
 

Option 2: Monitoring and controlling every task
 

Option 3: Avoiding communication with subordinates

Option 4: Encouraging employees to work independently

Question : Which advantage of branding to marketers is highlighted in the given statement?
Statement: It  enables the firm to secure and control the market for its products 

Option 1: Helps in product differentiation

Option 2: Helps in advertising and display programs

Option 3: Differential pricing

Option 4: Ease in introduction of new product

Question : Case Study:

A company believes that a strong sales and promotional effort is necessary to generate sales, even if it means pushing products onto customers. This philosophy reflects the:

Option 1: Marketing Concept

Option 2: Societal Marketing Concept

Option 3: Production Concept

Option 4: Selling Concept