MCQOPTIONS
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MCQOPTIONS
This section includes 19 Mcqs, each offering curated multiple-choice questions to sharpen your Company QA knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which of the following is not a selling expense? |
| A. | Freight-out |
| B. | Advertising expense |
| C. | Store supplies |
| D. | Office salaries expense |
| Answer» E. | |
| 2. |
Which of the following is an example of market failure? |
| A. | Prices do not reflect the full social cost of production |
| B. | A firm goes out of business because it cannot find a market for its products |
| C. | Prices rise so that the consumers cannot afford the products they want to buy |
| D. | Producer surplus is maximized |
| Answer» B. A firm goes out of business because it cannot find a market for its products | |
| 3. |
Which of the following are examples of plagiarism?_x005F_x000D_ Â _x005F_x000D_ I. Using someone else's idea in your own writing, and including an in-text citation that links to a works-cited list. II. Using someone else's words in your writing without putting quotation marks around them. III. Reproducing a drawing or diagram without including information about where you found it. |
| A. | II only |
| B. | I only |
| C. | I and III only |
| D. | II and III only |
| Answer» E. | |
| 4. |
Which Bank has tied up with Samsung Pay through which cardholders will be able to pay using smartphones at merchant establishments ? |
| A. | HDFC Bank |
| B. | Yes Bank |
| C. | Kotak Mahindra Bank |
| D. | Punjab National Bank |
| Answer» D. Punjab National Bank | |
| 5. |
When backed by buying, power wants become |
| A. | demands |
| B. | physical needs |
| C. | exchanges |
| D. | social needs |
| Answer» B. physical needs | |
| 6. |
What does in transit to destination mean? |
| A. | on the way for delivery |
| B. | delay in delivery |
| C. | booking processed but not shipped |
| D. | None of the above |
| Answer» B. delay in delivery | |
| 7. |
What does destination scan mean? |
| A. | The shipment has arrived at a UPS facility. |
| B. | The shipment has departed a UPS facility and is on its way to the next UPS facility. |
| C. | The shipment has arrived at the local UPS facility responsible for final delivery. |
| D. | UPS has received the shipment. |
| Answer» D. UPS has received the shipment. | |
| 8. |
The systematic risk of the market is measured by |
| A. | alpha |
| B. | beta |
| C. | gamma |
| D. | All of the above |
| Answer» C. gamma | |
| 9. |
The relationship between quantity supplied and price is |
| A. | Directly proportional |
| B. | Inverselyproportional |
| C. | Can't be determined |
| D. | None of the above |
| Answer» B. Inverselyproportional | |
| 10. |
The new product development process usually starts with |
| A. | idea generation |
| B. | market strategy development |
| C. | concept development |
| D. | idea screening |
| Answer» B. market strategy development | |
| 11. |
The first step in the marketing research process is to |
| A. | Decide Research Approach |
| B. | Develop Research Plan |
| C. | Define the Problem |
| D. | Collect Relevant Data and Information |
| Answer» D. Collect Relevant Data and Information | |
| 12. |
Productivity is the combination of |
| A. | efficiency and energy |
| B. | efficiency and effectiveness |
| C. | efficiency and attitude |
| D. | effectiveness and resources |
| Answer» C. efficiency and attitude | |
| 13. |
Marketing refers to - |
| A. | Execution of sales |
| B. | Planning sales campaigns |
| C. | Advertising and promotions |
| D. | Philosophy that stresses customer value and satisfaction |
| Answer» E. | |
| 14. |
Market survey means........... |
| A. | Market Research |
| B. | Market Planning |
| C. | Marketing Strategies |
| D. | Market Monitoring |
| Answer» B. Market Planning | |
| 15. |
In contrast to investment, consumption is |
| A. | relatively unstable |
| B. | measurable |
| C. | unmeasurable |
| D. | relatively stable |
| Answer» E. | |
| 16. |
If Average Total Cost is declining then |
| A. | The Marginal Cost is Less than Average Cost |
| B. | The Total Cost must also be Declining |
| C. | The Marginal Cost is Greater than Average Cost |
| D. | The Average Fixed Cost curve must lie above the average variable cost curve |
| Answer» B. The Total Cost must also be Declining | |
| 17. |
Demand side market failures occur when |
| A. | supply curves do not reflect the full cost of producing a good or services |
| B. | demand curves do not reflect consumer’s full willingness to pay for goods or services |
| C. | government imposes tax on a good or a service |
| D. | a good or service is not produced because no one demands it |
| Answer» C. government imposes tax on a good or a service | |
| 18. |
Concentrating the marketing efforts on one particular segment of consumers is known as  ? |
| A. | Ambush Marketing |
| B. | Niche Marketing |
| C. | Content Marketing |
| D. | Cloud Marketing |
| Answer» C. Content Marketing | |
| 19. |
A supply curve slopes upward because |
| A. | an increase in price gives producers an incentive to supply a larger quantity. |
| B. | the quantity supplied of most goods and services increases over time. |
| C. | an increase in input prices increases supply. |
| D. | as more is produced, total cost of production falls. |
| Answer» B. the quantity supplied of most goods and services increases over time. | |