Description : Which one of the following services is NOT labour intensive ? 1. Education 2. Hair care 3. Insurance 4. Fitness centre 5. Legal counsel
Last Answer : Fitness centre
Description : Which of the following is generally viewed as a business or industrial service? A)Hair care services B)Marketing research C)Dry cleaning D)Therapeutic massages E)Chimney cleaning
Last Answer : B)Marketing research
Description : Services can be meaningfully analysed by using a five-category classification scheme including type of market, degree of labour-intensiveness, degree of customer contact, skill of service provider, ... of the service provider. D)employee structure of the service provider. E)production environments.
Last Answer : B)goal of the service provide
Description : Classification of products into goods, services, and ideas is determined by the: A)degree of labour intensiveness. B)type of markets. C)dominant component. D)skill of the service provider. E)degree of consumer contact.
Last Answer : C)dominant component.
Description : __________ is an intensive growth strategy of increasing sales in current markets with current products. A)Market development B)Market penetration C)Sales penetration D)Product development E)Market saturation
Last Answer : B)Market penetration
Description : Three main strategies for intensive growth are market penetration, product development, and A)product improvement. B)market saturation. C)sales penetration. D)market growth. E)market development.
Last Answer : E)market development
Description : In marketing a new line of nursery furniture for infants and small children, the Fisher Company will most likely use __________ distribution for the products. A)intensive B)exclusive C)horizontal D)priority E)selective
Last Answer : E)selective
Description : usan has left her parents home and moved into a new flat. She is spending considerable time and effort comparing the ranges of furniture in different retail stores. Which type of decision-making process is she using? A)Selective B)Intensive C)Extensive D)Shopping E)Routine
Last Answer : C)Extensive
Description : If Rolls Royce were to add a new large model to its range, it would most likely employ ________ distribution. A)intensive B)exclusive C)horizontal D)selective
Last Answer : B)exclusive
Description : Managing a product in the growth stage of its life cycle might include A)lowering prices after developmental costs have been recovered. B)raising promotion expenditures as a percentage of total ... intensive to selective product exposure. D)reducing the number of product models in the product line
Last Answer : A)lowering prices after developmental costs have been recovered.
Description : A primary advantage of the concentration targeting strategy is that: A)it requires less market research and information B)it requires less intensive analysis of customers needs C)it maintains the ... market segments D)it permits development of a special marketing mix for a single market segment
Last Answer : D)it permits development of a special marketing mix for a single market segment
Description : Maria is shopping for a designer suit to wear to an important interview. She really wants to impress her prospective employer. Maria will most likely use which type of consumer decision making? A)Routine response B)Limited C)Extensive D)Intensive
Description : Legal and General Insurance uses "the umbrella" to communicate protection to its customers. This illustrates the company's attempt to help customers understand the service by: A) ... utilising publicity techniques to enhance the service. D)distributing the service directly through television.
Last Answer : A)emphasising tangible cues in promoting the service.
Description : Did the accused witches have any right to legal counsel?
Last Answer : Need answer
Description : A CPA-lawyer, acting as a legal counsel to one of his audit client, is an example of a. Self-interest threat b. Self-review threat c. Advocacy threat d. Familiarity threa
Last Answer : Advocacy threat
Description : An auditor who believes that a material irregularity may exist should initially a. Consult legal counsel. b. Discuss the matter with those believed to be involved in the perpetration of the material ... . c. Discuss the matter with a higher level of management. d. Withdraw from the engagement
Last Answer : Discuss the matter with a higher level of management.
Description : An auditor who believes that a material irregularity may exist should initially a. Discuss the matter with those believed to be involved in the perpetration of material irregularity. b. Discuss the matter with a higher level of management. c. Withdraw from the engagement. d. Consult legal counsel.
Last Answer : Discuss the matter with a higher level of management
Description : Generally, the decision to notify parties outside the client's organization regarding a noncompliance with laws and regulations a. Independent auditor. b. Management. c. Outside legal counsel. d. Internal auditors.
Last Answer : Management
Description : Which of the following factors most likely would cause a CPA to decline a new audit engagement? a. The CPA does not understand the entity's operations and industry. b. The CPA is ... permit inquiry of its legal counsel. d. Management acknowledges that the entity has had recurring operating losses
Last Answer : Management is unwilling to permit inquiry of its legal counsel
Description : A CPA-lawyer, acting as a legal counsel to one of his audit client, is an example of a. Advocacy threat b. Familiarity threat c. Self-interest threat d. Self-review threat
Last Answer : Advocacy threa
Description : The responsibility for the detection and prevention of noncompliance with laws and regulations rests with a. The auditor b. The client's legal counsel c. The auditor’s legal counsel d. The client management
Last Answer : The client management
Description : The responsibility for the detection and prevention of errors, fraud and noncompliance with laws and regulations rests with: a. Auditor b. Client's legal counsel c. Internal auditor d. Client management
Last Answer : Client management
Description : After an auditor had been engaged to perform the first audit for a nonpublic entity, the client requested to change the engagement to a review. In which of the following situations would ... determined that an unqualified opinion was warranted, but there was a disagreement concerning the audit fee.
Last Answer : The client's bank required an audit before committing to a loan, but the client subsequently acquired alternative financing.
Description : Benetton is a manufacturer of knitwear that operates several plants in Europe. Which one of the following would be an example of a fixed cost for Benetton? A)Yarn B)Overtime labour C)Packaging D)Rent for the plant E)Dye
Last Answer : D)Rent for the plant
Description : Linda and George are caught up in the fitness craze and are looking for a health club to join. This purchase is likely to be affected by __________ involvement. A)low B)internal C)enduring D)evoked E)perceived
Last Answer : C)enduring
Description : Hair care, Ltd. adds an electrical component that automatically shuts off its curling tongs when they have been left on for over one hour. This improvement would best be classified as a:------ A)quality modification B)style modification C)functional modification
Last Answer : C)functional modification
Description : Why is tea considered a labour intensive crop? -SST 10th
Last Answer : (i) Tea plant is not allowed to grow beyond a height of 2 to 3 metres. The leaves have to be hand picked as it needs regular pruning, After three years tea bush becomes ready, the ... Brahmaputra and Surma valleys in Assam. It is also grown in Darjeeling, Jalpaiguri and districts of West Bengal.
Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the - (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector
Last Answer : (2) Primary sector Explanation: Such a scenario is seen in the case of primary economic activities such as agriculture in the developing countries like India. Most of the primary activities are labour ... volume of man-power substitutes the lack of technology. Besides, farmers are 'self-employed.'
Description : Labour Intensive Technique would get chosen in a - (1) Labour Surplus Economy (2) Capital Surplus Economy (3) Developed Economy (4) Developing Economy
Last Answer : (1) Labour Surplus Economy Explanation: Labour' refers to the people required to carry out a process in a business. Labour-intensive processes are those that require a relatively high level of ... intensive processes are more likely to be seen in Job production and in smaller-scale enterprises.
Description : Intensive cultivation refers to (1) production with intensive use of labour (2) production with intensive use of fertilizer (3) raising production by intensive use of existing land (4) raising production by large scale use of imported inputs
Last Answer : (3) raising production by intensive use of existing land Explanation: Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through various ... of inputs such as capital and labour, and higher crop yields per unit land area.
Description : Consider the following statements and identify the right ones. i. COR is relatively low in labour intensive sectors. ii. COR will be high in capital intensive sectors iii. Both iv. None
Last Answer : iii. Both
Description : Consider the following statements and identify the right ones. A. COR is relatively low in labour intensive sectors. B. COR will be high in capital intensive sectors C. Both D. None
Last Answer : C. Both
Description : If capital is available in large proportion and labour is less then the economy is known as (a) Labour intensive country (b) Capital intensive country. © Both (a) and (b). (d) None of the above.
Last Answer : (b) Capital intensive country.
Description : Large investment is made in fixed assets, the project will be termed as __________. A. Capital Intensive. B. Labour Intensive. C. Product Intensive. D. Market Intensive.
Last Answer : A. Capital Intensive.
Last Answer : raising production by intensive use of existing land
Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector
Last Answer : Primary sector
Description : Labour Intensive Technique would get chosen in a (1) Labour Surplus Economy (2) Capital Surplus Economy (3) Developed Economy (4) Developing Economy
Last Answer : Labour Surplus Economy
Description : In a theodolite the line passing through the intersection of the horizontal and vertical cross hairs and the optical centre of the object glass and its continuation, is known as (a) Horizontal axis (b) Vertical axis (c) Line of collination (d) Line of sight (e) Either of c or d above*
Last Answer : e) Either of c or d above*
Description : The component at the centre of marketing implementation that draws the entire organisation together into a single, functioning unit is A)leadership. B)shared goals. C)the marketing strategy. D)people. E)systems.
Last Answer : B)shared goals.
Description : Edco Ltd. is preparing a written document specifying the framework and actions for implementing and controlling marketing activities. This document is called the A)profit centre. B)marketing programme. C)strategic market programme. D)strategic business plan. E)marketing plan.
Last Answer : E)marketing plan.
Description : Air-tech management learns that last month's production run of heaters is defective and announces a recall of the specific models produced. To handle the large number of products ... distribution centre B)private warehouse C)dispatching shipment system D)public warehouse E)materials handling system
Last Answer : D)public warehouse
Description : Trent Wholesale Plumbing has seen its sales in the Southwest triple in the past two years. Materials handling director Jane Peterson announces plans to the board for a Bristol facility that ... A)Private warehouse B)Public warehouse C)Field public warehouse D)Distribution centre E)Bonded warehouse
Last Answer : E)Bonded warehouse
Description : When a company leases a warehouse to serve a region of the market that is not large enough and stable enough to make a long -term commitment to fixed warehousing facilities, it is ... A)flexible warehouse. B)dispatching centre. C)distribution centre. D)private warehouse. E)public warehouse.
Last Answer : D)private warehouse
Description : The group of people within an organisation who are involved in making organisational purchase decisions is referred to as A)the new-task team. B)negotiators. C)purchasing agents. D)deciders. E)the buying centre.
Last Answer : E)the buying centre.
Description : he receptionist at a doctor's office throws away certain product circulars mailed by pharmaceutical companies and keeps the ones on products she believes are useful. The receptionist is performing which role in the buying centre? A)user B)influencer C)buyer D)decider E)gatekeeper
Last Answer : E)gatekeeper
Description : Most organisational purchase decisions are made by A)one person. B)a team of purchasing agents. C)a firm's buying centre. D)inventory control personnel. E)the sales force.
Last Answer : C)a firm's buying centre.
Description : Joan recently changed employers within the same industry. At her old company, employees routinely took home company pens, pencils, and note pads, and they frequently made personal long -distance ... A)significant others. B)profit objectives. C)corporate culture. D)legal climate. E)corporate goals
Last Answer : D)legal climate
Description : As a new employee, John is most likely to look to which one of the following to learn the ethical culture of his new organisation? A)Coworkers B)Customer contact employees C)Other new employees D)The legal department E)Top management
Last Answer : E)Top management
Description : Which of the following is NOT a major factor for firms making price decisions? A)Costs B)Competition C)Past sales D)Channel member expectations E)Legal and regulatory issues
Last Answer : C)Past sales
Description : JCB would look to which of the following factors to determine how trade barriers would affect its ability to market its earth-moving equipment in various countries? A) Political and legal forces B) Interpersonal forces C) Social forces D) Technological forces E) Industrial forces
Last Answer : A) Political and legal forces