This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A document that certifies the delivery of goods to the buyer, who must sign it to make it clear that the goods have been delivered in accordance with the conditions established, is called:a. invoiceb. delivery notec. condition noted. delivery certificate. |
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| 2. |
A competition is being organised by the Hindi language department of a school in Rajasthan in which the students have to write a letter to their favorite person,who may be a family member, a teacher, or a celebrity.This is being done to highlight the importance of letter writing in this fast -paced world which is:a. Personal touchb. speedc. precisiond. efficiency. |
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Answer» I don't KNOW about BUSINESS STUDIES |
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| 3. |
What is the difference between a cash transaction and a credit transaction? |
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Answer» The answer to your question is FOLLOWING; Cash Transaction: A cash transaction is the ONE in which the payment is carried out in terms of cash and is settled at the time in question. Credit Transaction: A credit transaction refers to a SITUATION in which the product is sold/purchased but the payment is pending for a later date in the future. This mostly happens in credit cards where the payment is temporarily made and is listed in your statements. This payment is to be re-paid later in time. I hope the answer is helpful. Thanks |
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| 5. |
What is importance of Engineering? |
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Answer» Hii , Buddy here Is Ur AnsweR :- |
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| 6. |
Explain product life cycle in detail. |
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Answer» Every product has a definite life and in business through the various stages of product life cycle, we measure its performance and success rate in the MARKET. This means that when a new product has been developed then it would pass through product life cycle (PLC) in which it would show different levels of sales and profit. The business organization has the desire to cover all the risk and efforts made in developing and selling that product. The business is always looking for a new product, which CLEARS that every new product will never be sold forever. Every time you need to go towards new product. Different products have different product life cycle depending on their DEMANDS and changing trends in the markets. Some products quickly obsolete, like related to IT, while other has LONGER duration of useful life. But every new product is passed from the five stages in which the sales and profits shows different proportions. So the business should adopt certain strategies RELATIVE to the feasibility of each of the stage |
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| 7. |
Zenstar Technologies has the task of collating feedback from its customers before the launch of its new product next fortnight. They need their customers to participate and be forthright in the opinions they present to improvise and make any last minute course corrections to garner the best response for the product launch. a. Which computer tool for collecting information will be most suitable for the requirements of Zenstar Technologies and why? b. Advice on how they should conduct the whole exercise of gathering feedback from their customers? |
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| 8. |
1. Large organizations where there are many people working closely, create unofficial and informal channels of communication. What is this kind of communication known as and what purpose does it serve in large organizations? List different types of this communication along with drawbacks if any. |
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Answer» A formal communication CHANNEL transmits information such as the goals, policies and procedures of an organization. Messages in this type of communication channel FOLLOW a chain of command. This MEANS information flows from a manager to his subordinates(downwards communication channel) and they in turn pass on the information to the NEXT level of staff. An example of a formal communication channel is a company's newsletter, which gives employees as well as the clients a clear idea of a company's goals and vision. It also includes the transfer of information with regard to memorandum, reports, directions, and scheduled meetings in the chain of command. Informal communication channel is whereby there is no close observance of protocol and any member of the organisation can pass information to the other. An example of an informal communication channel is lunchtime at the organization's cafeteria/canteen. Here, in a relaxed atmosphere, discussions among employees are encouraged. Also managers walking around, adopting a hands-on approach to handling employee queries is an example of an informal communication channel. An example of an informal communication channel is lunchtime at the organization's cafeteria/canteen. Here, in a relaxed atmosphere, discussions among employees are encouraged. Also managers walking around, adopting a hands-on approach to handling employee queries is an example of an informal communication channel. unofficial communication channel in an organization is the organization's 'grapevine.' It is through the grapevine that rumors circulate. Also those engaging in 'grapevine' discussions often form groups, which translate into friendships outside of the organization. While the grapevine may have POSITIVE implications, more often than not information circulating in the grapevine is exaggerated and may cause unnecessary alarm to employees. |
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| 9. |
Mr. Amit is the departmental head of Marketing and has seven employees directly reporting to him. The seven members of the team are never in consensus with each other on major important decisions. There had been heated discussion among them in various meeting scheduled by Mr. Amit. The team members are not having great rapport with Production and R&D departments’ Head because of lack of coordination within the team. There is total chaos and confusion in the organization. Mr. Amit is worried about the online course that he has joined and has not been able to commit himself for the course. He is not able to give time to solve the assignments, check the MCQs, and participate in the discussion forum which are a part of the course. Mr. Amit’s relationship with the seniors is cordial. He doesn’t like the Production Department head as the latter doesn’t provide him with regular reports and delivery status. a. Enumerate types of conflicts and identify various types of conflict in the above case? (5 Marks) b. What are the various ways to resolve the conflict? |
| Answer» PLEASE MANAGE your QUESTIONS LENGTH | |
| 10. |
Explain the various forms that non-verbal communication takes which impacts cultural aspect of communicatio |
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Answer» Physical appearance: Includes body type, height, WEIGHT, hair, and skin colour. Our clothing and artifacts mark our unique or co-cultural identity, or the many smaller cultural groups to which we belong within a larger culture. Paralanguage: This is how we say something, not what we way. We tend to evaluate OTHERS' speech based on our own standards. Facial expressions: The face is capable of producing 250,000 different expressions. Many of these vary cross-CULTURALLY, but some can be RECOGNIZED across cultures. Gestures: Gestures includes movement of the hands, face or another parts of the body. Gestures are culturally specific, and because of this their INTENDED meaning can become very confusing when communicating across cultures. |
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| 11. |
Conclusion of poisson distribution |
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Answer» Conclusion In conclusion ,we can say that , the POISSON Distribution is useful in rare EVENTS where the probability of success (p) is very SMALL and probability of failure (q) is very LARGE and value of n is very large |
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| 12. |
Types of inventory in operations management |
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| 13. |
collect information about the companies that have issued debentures in recent years.Give suggestions to make debentures more popoular |
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| 14. |
Distinguish between economic and non economic activities |
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Answer» BASIS FOR COMPARISONECONOMIC ACTIVITYNON-ECONOMIC ACTIVITYMeaningEconomic ACTIVITY refers to a human activity related to production and consumption of goods and services for economic gain.Non-economic activity is an activity performed gladly, with the aim of providing services to others WITHOUT any regard to MONETARY gain.MotiveEconomic, i.e. to earn money.Social or psychological, i.e. out of LOVE, affection, etc.Money measurementMeasured in monetary terms.Lacks money measurement.ApproachPragmaticIdealisticResults inCreation of wealth and assets.Satisfaction and happiness.NATIONAL IncomeAdds value to national income.Does not affects national income. |
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| 15. |
Mr. Ajay wants to purchase new printers for the organization as the current printers are outdated and the cost per print is high. Whenever the printers stop working the service provided from the company is very poor. It takes them seven days to resolve minor issues. This is affecting the productivity of people. There are seven departments and all the departments’ printer need to be replaced. Explain the decision making process that Ajay should follow for purchase of best printers for the organization. plz give answer for this case study |
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Answer» To decide what kind of printer Mr. Ajay should buy for his organization, it is suggested to go through the decision making process, Identify the problem: Problems in the given case are in poor performance of the printer, increased printing costs and delays of employees due to faulty printers. Apart from this, bad client services where the printers were purchased by the organization is also a serious concern. - Develop alternative solutions: Optional options can be developed to select alternative printers to include employees. - EVALUATE options: According to the criteria, evaluate each of the alternate solutions identified in STEP number. 2. After the sale, the norms may be better, customer services, cheap printers COST, cheap printing costs, quality of printing etc. - Select the best solution: After evaluating options, select the option that meets the MAXIMUM requirements or meets the criteria. - Apply decision: An order can be placed with the supplier of the desired printer. - Follow-up: After purchasing, the printers can be monitored to monitor the performance of whether the solution chosen is actually meeting all the criteria developed in step 3. |
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| 16. |
What does a speech-language pathologist do? A. develops lesson plans to implement in the classroom B. mentors new teachers on discipline techniques to use C. helps students correct speech disorders D. helps students develop public speaking skills |
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Answer» CORRECT speech disorders and even goes to an extend of probbing into matters CONCERNING speech at an autopsy. he insists of tonal variation, use of GESTURES, facial expressions and correct body language as he captures the audience attention. the PATHOLOGIST may use live class examples to communicate to his audience vic |
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| 17. |
Why do organisations use process control charts advantages? |
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Answer» Why do ORGANISATIONS USE PROCESS CONTROL charts advantages? |
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| 18. |
"it pools output from the members and provides marketing functions" identify the type of society |
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Answer» The TYPE if society is a communist society. The PRODUCTS OBTAINED from the members are utilised for the welfare of the members. |
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| 19. |
List some factors that determine the location of a business. (At least 6 factors) |
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Answer» Some factors to determine the location of a business are:- |
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| 20. |
A fundamental attribute of TQM is |
| Answer» TOP MANAGEMENT's DIRECT INVOLVEMENT. | |
| 21. |
Discuss the major model of a financial information system? what is subsystem |
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Answer» A financial information system (FIS) accumulates and analyzes financial DATA used for optimal financial PLANNING and forecasting decisions and outcomes. |
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| 22. |
What is meant by halo effect how does it affect perception? |
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Answer» The HALO effect is a FORM of cognitive bias which causes one part to make the whole seem more ATTRACTIVE or desirable. ... Physical attractiveness is a common factor in the halo effect, as someone who is PERCEIVED to be more attractive will be assumed to have other POSITIVE personality traits and abilities. |
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| 23. |
name the organisation which is formed by passing a special act of parliament or state and government company. |
| Answer» STATUTORY corporation is theorganisation which is formed by passing a special ACT of parliament or STATE and government COMPANY. | |
| 24. |
How is direct services productive?? |
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Answer» Heya MATE here is your ANSWER |
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| 25. |
Total quality management in service marketing |
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Answer» Tqm . describes management approach to long term success through customer SATISFACTION. in a tqm EFFORT, all member of an ORGANISATION participate IMPROVING PROCESSES product services, and the culture in which they work. |
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| 26. |
Can I get Foreign Jobs after completing Bitsat or NIT??? |
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Answer» According to the INSTITUTE bulletin, there is no provision of lateral entry at BITS Pilani in its First DEGREE Programs, i.e., you cannot apply for an UNDERGRADUATE program and have course requirements RELAXED due to the courses taken elsewhere. But, the language suggests it was accepted, possibly before the introduction of BITSAT. Regarding IITs, while there is no such provision for private institutions, I had read a newspaper article in The Telegraph supplement Careergraph which suggested that the ministry was mulling such an OPTION for top performers at NIT. Don't know whether it was implemented. |
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| 27. |
What is Simon's model |
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Answer» It is a three-phase model of problem SOLVING. Simon's model continues to WITHSTAND the TEST of time and, even today, serves as the basis of mostmodels of management DECISION making. ... The end result of the intelligence phase is a decision statement |
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| 28. |
Tell me about normal communication effective communication |
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Answer» Communication |
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| 29. |
Segmentation on basis of values and attitude and behavioral patterns is an example of |
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Answer» Market segmentation is a method used by marketers to help identify the most PROFITABLE customers for their product or service. You will learn four approaches to market segmentation that include DEMOGRAPHIC, geographic, psychographic, and behavioral. |
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| 30. |
Segmentation of international markets on basis of monetary regulations is an example of |
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Answer» HELLO MATE, USA REGULATIONS. |
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| 31. |
Similarities of traditional and contemporary marketing |
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Answer» A good smile is God’s gift to you. It reveals your inner joy. It means that when you are thankful to God you naturally smile. |
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| 33. |
For making report characteristics of society |
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Answer» The human society in a GROUP of people INVOLVED in presistent interpersonal relasionship or a large social grouping SHAREING the same geograpical or social territory typically subject to the the same ploitical authorecty and dominate culture expctation. |
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| 34. |
Significance of cost of capital in financial decision making process |
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Answer» "organizational" to its NAME until 1970, "long after organizational behavior had clearly come into existence" noting that a SIMILAR SITUATION arose in SOCIOLOGY. Although there are similarities and differences between the two disciplines, there is still confusion AROUND differentiating organizational behavior and organizational psychology. |
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| 35. |
â€the assignment of work to the machines and employees based on their capacity’ is termed in ppc as |
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Answer» Inflated prices. As such, it should be impossible to outperform the overall market through expert stock selection or market timing, and that the only WAY an INVESTOR can possibly obtain higher returns is by chance or by purchasing riskier investments. His 2012 study with Kenneth French supported this view, showing that the distribution of abnormal returns of US mutual FUNDS is very SIMILAR to what would be expected if no fund managers had any skill—a NECESSARY condition for the EMH to hold. |
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| 36. |
How packaging of a product effect the buying behavior of customers? |
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Answer» A nascent entrepreneur is someone in the process of establishing a business venture. In this observation, the nascent entrepreneur can be SEEN as pursuing an opportunity, i.e. a possibility to introduce new services or products, serve new MARKETS, or develop more efficient production methods in a profitable MANNER. But before such a venture is actually ESTABLISHED, the opportunity is just a venture idea. In other words, the pursued opportunity is perceptual in nature, propped by the nascent entrepreneur's PERSONAL beliefs about the feasibility of the venturing outcomes the nascent entrepreneur seeks to achieve. Its prescience and value cannot be confirmed ex ante but only gradually, in the context of the actions that the nascent entrepreneur undertakes towards establishing the venture, Ultimately, these actions can lead to a path that the nascent entrepreneur deems no longer attractive or feasible, or result in the emergence of a (viable) business. In this sense, over time, the nascent venture can move towards being discontinued or towards emerging successfully as an operating entity. |
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| 37. |
Discuss the concept of product life cycle plc with an example |
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Answer» Different sizes, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices, but social entrepreneurs are either non-profits or blend for-profit goals with generating a POSITIVE "return to society" and therefore must use different metrics. Social entrepreneurship typically attempts to further BROAD social, cultural, and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community DEVELOPMENT. At TIMES, profit-making social enterprises MAY be established to support the social or cultural goals of the organization but not as an end in itself. |
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| 38. |
Ananya is running a small café by the name of Green Tokai. It is earning profits and she wishes to expand her business by opening a bigger outlet. She needs additional funds for the same but she does not wish to rely on borrowed funds to expand her business. Name and briefly explain two sources of finance which she can use. Also state two reasons why she does not want to raise borrowed funds. |
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Answer» Racial or ethnic minority groups in the United STATES and Europe. A long tradition of academic research explores the experiences and strategies of ethnic entrepreneurs as they strive to INTEGRATE economically into mainstream U.S. or European society. Classic cases include Jewish merchants and tradespeople in large U.S. cities in the 19th and early 20th centuries as well as Chinese and Japanese small business owners (restaurants, farmers, shop owners) on the West Coast. In the 2010s, ethnic entrepreneurship has been STUDIED in the case of Cuban business owners in Miami, Indian motel owners of the U.S. and Chinese business owners in Chinatowns across the United States. While entrepreneurship offers these groups many opportunities for economic ADVANCEMENT, self-employment and business ownership in the United States remain unevenly distributed along racial/ethnic lines. |
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| 39. |
As a finance manager of the company you have to classify the funds of business on the basis of ownership. You may classify the sources as:a. borrowed fundsb. owned fundsc. short term fundsd. both a and b. |
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Answer» Explores the experiences and strategies of ethnic entrepreneurs as they strive to integrate economically into mainstream U.S. or European society. Classic CASES include Jewish merchants and tradespeople in large U.S. CITIES in the 19th and early 20th centuries as well as CHINESE and Japanese small business owners (restaurants, FARMERS, shop owners) on the West Coast. In the 2010s, ethnic entrepreneurship has been studied in the case of Cuban business owners in Miami, Indian motel owners of the U.S. and Chinese business owners in Chinatowns across the United States. While entrepreneurship offers these groups many opportunities for economic advancement, self-employment and business ownership in the United States remain unevenly DISTRIBUTED along racial/ethnic lines. |
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| 40. |
The service which helps in removing hindrance of exchange |
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Answer» Self-employed business owners who belong to racial or ethnic minority groups in the United States and Europe. A long tradition of academic research explores the experiences and strategies of ethnic entrepreneurs as they strive to INTEGRATE economically into MAINSTREAM U.S. or European SOCIETY. Classic cases include Jewish merchants and tradespeople in large U.S. cities in the 19th and early 20th centuries as well as Chinese and Japanese small business owners (restaurants, farmers, shop owners) on the West Coast. In the 2010s, ethnic entrepreneurship has been studied in the case of Cuban business owners in Miami, Indian motel owners of the U.S. and Chinese business owners in Chinatowns across the United States. While entrepreneurship offers these groups many opportunities for economic advancement, self-employment and business ownership in the United States REMAIN unevenly DISTRIBUTED along racial/ethnic lines. |
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| 41. |
You should always assign the Needs Met rating before assigning the E-A-T rating. |
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Answer» While most entrepreneurial ventures start out as a small business, not all small businesses are entrepreneurial in the strict sense of the term. Many small businesses are sole proprietor operations consisting SOLELY of the owner—or they have a small number of employees—and many of these small businesses offer an existing product, PROCESS or service and they do not aim at growth. In contrast, entrepreneurial ventures offer an innovative product, process or service and the entrepreneur typically AIMS to scale up the company by ADDING employees, SEEKING international sales and so on, a process which is financed by venture capital and angel investments. In this way, the term "entrepreneur" may be more closely associated with the term "startup". Successful entrepreneurs have the ability to lead a business in a positive direction by proper planning, to adapt to changing environments and understand their own strengths and weakness. |
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| 42. |
In what ways direct services are being productive |
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Answer» Business incubators (which may be for-profit, non-profit, or OPERATED by a college or university), science parks and non-governmental organizations, which include a range of organizations INCLUDING not-for-profits, charities, foundations and business advocacy GROUPS (e.g. Chambers of COMMERCE). |
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| 43. |
In what ways do you consider direct services productive ? With vivid examples |
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Answer» Specialized government agencies, BUSINESS INCUBATORS (which may be for-profit, non-profit, or operated by a college or university), science parks and non-governmental ORGANIZATIONS, which include a range of organizations including not-for-profits, CHARITIES, FOUNDATIONS and business advocacy groups (e.g. Chambers of commerce). |
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| 44. |
at price 10 the supply of the commodity is 300.its elaticity of supply is 1.5 its price increases by 20 percent. calculate its supply at increased price |
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Answer» part-time projects to large-scale undertakings that involve a team and which may create many jobs. Many "high value" entrepreneurial ventures seek venture capital or ANGEL funding (seed MONEY) in order to raise capital for building and expanding the business. Many organizations exist to support would-be entrepreneurs, including specialized government agencies, business incubators (which may be for-profit, non-profit, or operated by a COLLEGE or university), science parks and non-governmental organizations, which include a range of organizations including not-for-profits, charities, foundations and business advocacy GROUPS (e.g. Chambers of COMMERCE). |
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| 45. |
A consumer dispute redressal agency that handles the claims above ₹20 lakhs up to rupees one crore. Answer in a word / phrase / term. |
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Answer» their RETIREMENT years, half of all working men in the United States probably have a PERIOD of self-employment of one or more years; one in FOUR may have engaged in self-employment for six or more years. Participating in a new BUSINESS creation is a common activity among U.S. workers over the course of their careers". In recent years, entrepreneurship has been claimed as a major driver of economic growth in both the United States and Western EUROPE. |
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| 46. |
Cross culture dimensions of business communication |
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Answer» Global ENTREPRENEURSHIP Monitor, "by the time they reach their retirement years, HALF of all WORKING men in the United States probably have a period of self-employment of one or more years; one in four may have ENGAGED in self-employment for six or more years. Participating in a new business creation is a common activity AMONG U.S. workers over the course of their careers". In recent years, entrepreneurship has been claimed as a major driver of economic growth in both the United States and Western Europe. |
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| 47. |
Vertical horizontal diagonal and grapevine form of communication |
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Answer» According to Paul Reynolds, founder of the Global Entrepreneurship Monitor, "by the time they reach their retirement years, half of all working men in the United States probably have a PERIOD of self-employment of one or more years; one in FOUR may have engaged in self-employment for six or more years. Participating in a NEW business creation is a common activity among U.S. workers over the COURSE of their careers".[36] In recent years, entrepreneurship has been claimed as a major driver of economic GROWTH in both the United States and Western Europe. |
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| 48. |
+how can innovation and entrepreneurship influence a company's business strategy |
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Answer» technologies to produce the horseless carriage. In this CASE, the INNOVATION (i.e. the car) was transformational, but did not require the development of DRAMATIC new technology. It did not immediately replace the horse-drawn carriage, but in time incremental improvements reduced the cost and improved the technology, leading to the modern auto industry. Despite Schumpeter's EARLY 20th-century contributions, the traditional microeconomic theory did not FORMALLY consider the entrepreneur in its theoretical frameworks (instead of assuming that resources would find each other through a price system). In this treatment, the entrepreneur was an implied but unspecified actor, consistent with the concept of the entrepreneur being the agent of x-efficiency. |
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| 49. |
Essay on morality,ettiquettes,professional behaviour and business ethics |
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Answer» For Schumpeter, entrepreneurship resulted in NEW industries and in new combinations of currently existing inputs. Schumpeter's initial example of this was the combination of a steam ENGINE and then current WAGON making technologies to produce the horseless carriage. In this case, the innovation (i.e. the car) was transformational, but did not require the development of dramatic new technology. It did not immediately replace the horse-drawn carriage, but in time incremental improvements reduced the cost and improved the technology, leading to the modern auto industry. Despite Schumpeter's early 20th-century contributions, the traditional microeconomic theory did not FORMALLY consider the entrepreneur in its theoretical frameworks (instead of assuming that resources would FIND each other through a price system). In this treatment, the entrepreneur was an implied but unspecified actor, consistent with the concept of the entrepreneur being the agent of x-efficiency. |
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| 50. |
Explain Management thought designed by Max Weber and Fayol in the current contract. What is thid assignment answer? |
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Answer» Proportion of start-up businesses have to close due to "lack of funding, bad business decisions, an economic crisis, lack of market demand—or a combination of all of these. A broader definition of the term is sometimes used, especially in the field of economics. In this usage, an Entrepreneur is an entity which has the ABILITY to find and act upon OPPORTUNITIES to translate INVENTIONS or technology into new products: "The entrepreneur is ABLE to recognize the commercial potential of the invention and organize the CAPITAL, talent, and other resources that turn an invention into a commercially viable innovation." In this sense, the term "Entrepreneurship" also captures innovative activities on the part of established firms, in addition to similar activities on the part of new businesses. |
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