Description : Alex has been asked to calculate the sales potential for a new line of electronic games his company has acquired. He has developed a general economic forecast for the next two years, used this to estimate ... The approach he is using appears to be: A)build up B)delphi C)break down D)regression
Last Answer : C)break down
Description : In order for a team to win at CapSim, they need to a. have a proactive strategy and contingency plan in place. b. have a contingency plan, a proactive strategy, open communications and the ability to ... a strategy in place and be ready to completely change it in round 4 if it isn't working.
Last Answer : d. have a proactive strategy, contingency plan, open communications, strong knowledge of the industry and have a strong understanding of the analyst report.
Description : The main advantage of specialization results from (a) The economies of large scale production (b) The specializing country behaves like a monopoly © Smaller production runs resulting in lower unit costs. (d) High wages paid to foreign workers.
Last Answer : (a) The economies of large scale production
Description : If an industry is characterized by economies of scale then - (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial
Last Answer : (2) long run unit costs of production decreases as the quantity the firm produces increases Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion ... in unit cost as the size of a facility and the usage levels of other inputs increase.
Description : If an industry is characterised by economies of scale then (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial
Last Answer : long run unit costs of production decreases as the quantity the firm produces increases
Description : Which of the following acts of the CPA would be most likely a violation of the Code of Ethics? a. Assisting a client in preparing a financial forecast. b. Acting as auditor of a non- ... upon the result of an administrative proceeding. d. Having an immaterial loan to the president of an audit
Last Answer : Having an immaterial loan to the president of an audit
Description : If the VF Corporation will be spending £2 million on marketing activities next year and expects to sell 30 million pairs of jeans, the 30 million pairs represents the company's: A)sales potential B)market potential C)sales forecast D)market sales
Last Answer : D)market sales
Description : What is the best online career school specializing in business programs?
Last Answer : University of Phoenix is the best online school for business. They top of line business classes where can take classes one at a time. Davenport Univeristy is a well regarded business school in Michigan. They offer online courses and specialize in busienss.
Description : Is there a repair shop specializing in hydraulic valves in Wichita, Kansas?
Last Answer : Cylinder head repair works on them but did not find a specialist for only that 1035 S West St, Wichita, KS‎ - (316) 945-4747‎
Description : are there any facilities specializing in the treatment of immobility in the morbidly obese in the pittsburgh or Altoona, PA area?
Last Answer : Yes there is UPMC Health System�?? 4200 5th Ave, Pittsburgh, PA�?? - (412) 624-2607�??
Description : What is the best spreadsheet software for a small business specializing in technology?
Last Answer : QuickBooks Pro or Big E-Z Bookkeeping System are two good spreadsheet software applications you can give a try. Both offer free trials, so you give them a demo and see what works best for you.
Description : Is there a company specializing in older furnace heating repair?
Last Answer : When your furnace stops functioning properly, it can be more than a real inconvenience. It can also be a danger if the temperatures outside are extremely cold. Unfortunately, furnaces, like other household ... old), they can recommend brands and models and may even be able to save you money.
Description : Elephant Insurance: Specializing In Auto Insurance?
Last Answer : The Elephant Insurance company protects drivers in Maryland and Virginia from the worst unexpected events on the road. The company is part of the larger international insurance corporation, the ... extend their Elephant Insurance coverage to their other vehicles including RVs, ATVs, and motorcycles.
Description : Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet ... origin. D. A finance company transferring its HQ and all its activities from the UK to the US.
Last Answer : A firm owning a chain of supermarket outlets outside its country of origin.
Description : So, April 2012 I asked why I was smelling laundry detergent. The smell hasn't gone away and I have moved to a different state and changed detergents frequently. Why do I still smell it?
Last Answer : It could be a form of epilepsy called an olfactory seizure.
Description : The definition of 'small-scale industry' in India is based on - (1) sales by the unit (2) Investment In machines and equipments (3) market coverage (4) export capacity
Last Answer : (2) Investment In machines and equipments Explanation: Generally, small-scale sector is defined in terms of investment ceilings on the original value of the installed plant and machinery. As per ... -scale and large-scale industries. This limit is being continuously raised up wards by government.
Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization
Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.
Description : The definition of ‘small-scale industry’ in India is based on (1) sales by the unit (2) investment in machines and equipments (3) market coverage (4) export capacity
Last Answer : investment in machines and equipments
Description : Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation
Last Answer : Purchase and sale of Government securities by RBI
Description : The 'sunrise industries' imply - (1) petrochemicals and electronics industry (2) sunflower oil industry (3) computer industry (4) chemical industry
Last Answer : (1) petrochemicals and electronics industry Explanation: Sunrise Industry is a colloquial term for a sector or business that is in its infancy, but is growing at a rapid pace. A sunrise ... of venture capital funding. A sunrise industry is often characterized by a high degree of innovation.
Description : The ‘sunrise industries’ imply (1) petrochemicals and electronics industry (2) sunflower oil industry (3) computer industry (4) chemical industry
Last Answer : petrochemicals and electronics industry
Description : Dumping is a form of price discrimination at - (1) within industry (2) national level (3) international level (4) local level
Last Answer : (3) international level Explanation: Dumping is, in general, is a situation of international price discrimination, where the price of a product when sold in the importing country is less than the price ... trade practice as it may cause or threat en to cause material injury to the importing markets.
Description : If a firm is operating at loss in the shortperiod in perfect combination, it should : (1) decrease the production and the price. (2) increase the production and the price (3) continue to operate as long as it covers even the variable costs. (4) shut-down and leave the industry
Last Answer : (3) continue to operate as long as it covers even the variable costs. Explanation: The demand for labour is "derived- from the production and demand for the product being demanded. If the demand ... price and production numbers are met. Labour is "derived" from the market demand for the product.
Description : Dumping is a form of price discrimination at (1) within industry (2) national level (3) international level (4) local level
Last Answer : international level
Description : If a firm is operating at loss in the short-period in perfect combination, it should : (1) decrease the production and the price. (2) increase the production and the price (3) continue to operate as long as it covers even the variable costs. (4) shut-down and leave the industry
Last Answer : continue to operate as long as it covers even the variable costs.
Description : If there is a price ceiling, which of the following is NOT likely to occur? a. rationing by first-come, first-served b. black markets c. gray markets d. sellers providing goods for free that were formerly not free
Last Answer : d. sellers providing goods for free that were formerly not free
Description : Compared to the case of perfect competition, a monopolist is more likely to: a. charge a higher price b. produce a lower quantity of the product c. make a greater amount of economic profit d. all of the above
Last Answer : d. all of the above
Description : In which year was the Artificial Recharge of Ground Water Advisory Council (ARGWC) constituted? a. A 2012 b. B 2010 c. C 2008 d. D 2006
Last Answer : d. D 2006
Description : Niti Aayog was established in the year- (a) 2010. (b) 2012. © 2015. (d) 2016.
Last Answer : © 2015.
Description : Which of the following valuation methods would most likely not be used for business valuation? a) Discounted Cash Flow b) Net Assets Method c) Multi-period Excess Earning Method d) Industry Price Earnings Ratio
Last Answer : c) Rs.200 crore
Description : Designers, Photographers, Animators: What are some of the most common interview questions you have been asked for industry-related jobs?
Last Answer : Who have you worked for is one. A second would be what is your favorite picture. Third, show me your best work.
Description : One of the features of a free market economy is - (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer's sovereignty
Last Answer : (4) consumer's sovereignty Explanation: Consumer Sovereignty is one of the features of a free market economy. It refers to the assertion consumer preferences determine the production of goods and ... market performance is in fact responsive to the specific wants of the consumers within the system.
Description : Equilibrium price in the market is determined by the - (1) equality between marginal cost and average cost. (2) equality between total cost and total revenue. (3) equality between average cost and average revenue. (4) equality between marginal cost and marginal revenue.
Last Answer : (4) equality between marginal cost and marginal revenue. Explanation: The equilibrium price is the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the ... in equilibrium at the point of equality of marginal cost and marginal revenue. (MC = MR).
Description : The term 'Dumping' refers to - (1) The sale of a substandard commodity (2) Sale in a foreign market of a commodity at a price below marginal cost (3) Sale in a foreign market of a commodity just at marginal cost with too much of profit (4) Smuggling of goods without paying any customs duty
Last Answer : (2) Sale in a foreign market of a commodity at a price below marginal cost Explanation: Dumping is an international price discrimination in which an exporter firm sells a portion of its out-put in ... , incurring loss in the foreign market (International Economics by M. Maria. John Kennedy, p.122).
Description : Same price prevails throughout the market under - (1) perfect competition (2) monopoly (3) monopolistic competition (4) oligopoly
Last Answer : (1) perfect competition Explanation: Under perfect competition, the control over price is completely eliminated because all firms produce homogeneous commodities. This condition ensures that the same price prevails in the market for the same commodity.
Description : In which of the following market forms, a firm does not exercise control over price? (1) Monopoly (2) Perfect competition (3) Oligopoly (4) Monopolistic competition
Last Answer : (2) Perfect competition Explanation: In perfect competition, the existence of a large number of firms producing and selling the product ensures that an individual firm exercises no influence over the price ... a position to influence the price of the product by the increasing or reducing its output.
Description : The market price is related to : (1) very short period (2) short period (3) long period (4) very long period
Last Answer : (1) very short period Explanation: Marshall was the first economist who analyzed the importance of time in price determination. Market period is a very short period in which supply being fixed, price is ... can be amplified out of given stock to match the demand. This is possible for durable goods.
Description : NIFTY is associated with - (1) Cloth Market Price Index (2) Consumer Price Index (3) BSE Index (4) NSE Index
Last Answer : (4) NSE Index Explanation: The NSE's key index is the S&P CNX Nifty, known as the NSE NIFTY (National Stock Exchange Fifty), an index of fifty major stocks weighted by market capitalization. ... that were widely regarded as solid buy and hold growth stocks. NIFTY means National Index for Fifty.
Description : Speculative demand for cash is determined by - (1) The rate of interest (2) the level of income (3) the general price level (4) the market conditions
Last Answer : (1) The rate of interest Explanation: Speculative demand is the demand for financial assets, such as securities, money or foreign currency that is not dictated by real transactions such as trade, or financing. ... rate, more people will expect a rise in interest rate (or a fall in bond prices).
Description : National Income is also called as : (1) GNP at Factor Cost (2) GNP at Market Price (3) (3) NNP at Factor Cost (4) (4) NNP at Market Price
Last Answer : (1) GNP at Factor Cost Explanation: National Income is the total value of all goods and services produced in the economy during a particular period of time.
Description : What is dual pricing? (1) Wholesale price and Retail pricing (2) Pricing by agents and Pricing by retailers (3) Price fixed by Government and Price in open market (4) Daily prices and Weekly prices
Last Answer : (3) Price fixed by Government and Price in open market Explanation: Dual pricing is the practice of setting prices at different levels depending on the currency used to make the purchase. It may be ... on the market. This is also known as two-tier pricing and is common in many developing nations
Description : Price and output are determinates in market structure other than - (1) monopoly (2) perfect competition (3) oligopoly (4) monopsony
Last Answer : (2) perfect competition Explanation: Perfect competition is a form of market in which there are a large number of buyers and sellers competing with each other in the purchase and sale of goods ... 's output is perfectly elastic. Product differentiation holds the key in this type of market structure.
Description : National Income is the - (1) Net National Product at market price (2) Net National Product at factor cost (3) Net Domestic Product at market price (4) Net domestic Product at factor cost
Last Answer : (2) Net National Product at factor cost Explanation: Net National Product. at factor cost is also called as national income. Net National Product at factor cost is equal to sum total of value added at ... of the flow of output of goods and services produced within an economy over a period of Lime.
Description : Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies
Last Answer : (2) the forces of demand and supply in the foreign exchange market Explanation: A floating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to ... by the foreign-exchange market through supply and demand for that particular currency relative to other currencies.
Description : The price at which the government offers to sell foodgrains lower than the market price is known as? a. Procurement price b. Minimum support price c. Issue price d. Market price.
Last Answer : c. Issue price
Description : The minimum guaranteed price at which the government offers to purchase any quantity is known as; a. Procurement price b. Minimum Support Price c. Issue Price d. Market Price.
Last Answer : b. Minimum Support Price
Description : Farmers are paid a pre-announced price by the government for their crops. It is called: a. Issue price b. Invested price c. Market price d. Minimum support price.
Last Answer : d. Minimum support price.
Description : The price that is announced before the sowing season is called: (a) Issue price (b) Fair price (c) Market price (d) Minimum support price
Last Answer : (d) Minimum support price
Description : In a pure market economy, which of the following is a function of the price? I. provide information to sellers and buyers , II. provide incentives to sellers and buyers a. I only b. II only c. both I and II d. neither I nor II
Last Answer : c. both I and II