Study For Buddies: M.COM FY Semester 1 MCQS
Showing posts with label M.COM FY Semester 1 MCQS. Show all posts
Showing posts with label M.COM FY Semester 1 MCQS. Show all posts

Sunday, May 23, 2021

MARKETING MANAGEMENT - MCQS

May 23, 2021 0
MARKETING MANAGEMENT - MCQS
M.COM
SEMESTER - 1 

MARKETING MANAGEMENT
(MM)
MCQS

1. _______ is the one that exceeds customer expectations.

A. Expected product
B. Augmented product
C. Potential product
D. None of the other three options

2. Variability of services refer to the difference in the quality of services based on who provides them and to whom

A. True 
B. False
C. May be true 
D. May be false

3. Grassroots Marketing is the recent trend, whereby marketers concentrate on making such activities as personally relevant to individual customers as possible.

A. Internal Marketing
B. External Marketing
C. Grassroots Marketing
D. None of the other options given

4. 'Consumers often choose and use brands with a brand personality consistent with their actual self concept (how we view ourselves), through the match may instead be based on the consumer's ideal self concept ( how we would like to view ourselves) or even on other's self concept (how we think others see us)'. Comment upon the statement.

A. True
B. False
C. May be true
D. May be false

5. Tracking the scope or breadth of a communication's reach that can also be compared across all communication types.

A. Engagement
B. Impressions
C. Impact
D. None of the other options given

6. To avoid _______ a company must prioritize features and tell consumers how to use and benefit from them.

A. Performance fatigue 
B. Product fatigue
C. Feature dissonance
D. Feature fatigue 

7. ______ are those the consumer characteristically compares on such bases as suitability, quality, price and style.

A. Convenience goods 
B. Shopping goods
C. Specialty goods 
D. Sought goods 

8. Packaging must achieve a number of objectives:

A. Identify the brand
B. Convey descriptive and persuasive information
C. Assist at - home storage
D. All of the three options

9. 'Products under warranty cannot be returned to the manufacturer or designated repair center for repair, replacement or refund. Whether expressed or implied, warranties are not legally enforceable'. Comment upon the statement.

A. True
B. False
C. May be true
D. May be false

10. Smoke detectors, life insurance, house insurance etc. Are ________

A. Shopping goods
B. Specialty goods
C. Unsought goods 
D. None of the three options

11. The four unique elements to service include:

A. Independence, intangibility, inventory and inception 
B. Independence, Increase, inventory and intangibility
C. Intangibility, inconsistency, inseparability and inventory
D. Intangibility, independence, inseparability and inventory

12. 'The perishable and seasonal nature of farm products gives rise to special marketing practies, whereas their commodity character results in relatively more advertising and promotional activity'. Comment upon the statement.

A. True
B. False
C. May be true 
D. May be false

13.  _______ refers to consumers who are loyal to two or three brands.

A. Shifting loyals
B. Switches
C. Shifting loyals
D. Split loyals

14. Following are some of the important functions performed by 'labelling", expect for:

A. Identifying the product
B. Grading the product
C. Describing the product 
D. Highlighting the product

15. " A societal process by which individuals and groups obtain what they need and want through creating offering and freely exchanging products and services of value with others". This definition refers to which one of the following concepts?

A. Selling
B. Advertising
C. Barter
D. Marketing

16. In _____ because of well informed professional buyers skilled at evaluating competitive offerings sales force the price and the seller's reputation may play a greater role than advertising and web sites.

A. Consumer markets
B. Business markets 
C. Global markets
D. Non profit and government markets

17. Four key constituents of relationship marketing are ______, _______, ________ and ________.

A. Manufacturers, employees, customers and marketing partners
B. Customers, employees, marketing partners and members of financial community
C. Manufacturers, customers, employees and marketing partners
D. Customers, employees, marketing partners and members of society

18. Following are the important dimensions of product differentiation, except for :

A. Performance quality
B. Conformance quality
C. Customization 
D. Delivery

19. In context of buying a car, ' the customer would like the dealer to include an onboard GPS system' is an example of ________

A. Real needs
B. Stated needs
C. Delight needs 
D. Secret needs 

20. Modern marketing management's four p's refer to:

A. Product, processed, people and presentation
B. Product, price, place and promotion
C. People, progress, performance and promotiona
D. People, processes, programs and performance

21.  According to five force model scale and experience, access to supply and distribution channels, differention, expected retaliation are factors related to ___________?

A. Threat of suppliers
B. Barriers to exit 
C. Bargaining power of buyers
D. Barriers to entry

22. ________ are the basic human requirements such as for air, food, water, clothing and shelter.

A. Needs 
B. Demand 
C. Wants
D. None 

23. _______ holds that consumers and businesses, if left alone, won't buy enough of the organization's products.

A. Production concept
B. Product Concept
C. Selling Concept
D. Marketing concept

24. _______ refers to consumers who shift loyalty from one brand to another.

A. Shifting loyals
B. Switches
C. Shifting loyals
D. Split loyals

25. ______ are tangible goods that normally survive many uses: refrigerators, machine tools and clothing.

A. Non-durable goods 
B. Durable goods 
C. Services
D. All of these

26. _______ includes all the activities of designing and producing the container for a product.

A. Labeling
B. Guarantees
C. Warranties
D. Packaging

27. Consumers may share a strong need that cannot be satisfied by an existing product.

A. Declining demand 
B. Full demand 
C. Latent demand 
D. All of these 

28. _________ refers to how well the product or service is brought to the customer, including spced, accuracy and care throughout the process.

A. Delivery
B. Ordering ease
C. Installation
D. Customer training

29. A product mix also called as _______.

A. Product map 
B. Product assortment
C. Product system
D. None 

30. ________ are Purchased when a need is urgent - umbrellas during a rainstorm, boots and shovels during the first winter snow.

A. Specialty goods
B. Convenience goods 
C. Impulse goods 
D. Emergency goods 

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Saturday, May 22, 2021

STRATEGIC MANAGEMENT - MCQS

May 22, 2021 0
STRATEGIC MANAGEMENT - MCQS
M.COM
SEMESTER - 1

STRATEGIC MANAGEMENT
(SM)
MCQS 

1. A _______ describes the categories of activities within and around an organization which together create a product or service.

A. Value chain
B. Strategic capability
C. Merger
D. Alliance

2. On a value chain if firm moves form the business of finished goods or retailing to raw material or components is called __________.

A. Backward Integration
B. Forward integration
C. Horizontal integration
D. alliance

3. According to Ansoff matrix, of strategic direction new product in new market is called _________.

A. Diversification
B. New products and services
C. Market development
D. Market penetration and consolidation

4. Directional policy matrix is also known as _______

A. GE - mckinsey matrix
B. BCG matrix
C. Growth share matrix
D. Portfolio matrix

5. A ______ is the set of interorganizational links and relationship that are necessary to create product or service.

A. Customer network
B. Distribution network
C. Internet network
D. Value network

6. The concept of value chain was propounded by _______?

A. M.E. porter
B. Henry fayol
C. F.W. Taylor
D. Elton mayo 

7. According to BCG matrix SBU's with high market share and low market growth is called _______.

A. Cash cows
B. Question marks
C. Stars
D. Dogs

8. According to BCG matrix SBU's with low market share and low market growth is called _______.

A. Dogs
B. Question marks
C. Stars
D. Cash cows

9. High cost of switching supplier, is a power for __________?
 
A. Buyers
B. Suppliers
C. Employee
D. Government

10. Which of the following factor is not a part of macro environment?

A. Economic 
B. Political
C. Technological
D. Resources

11. The growth share matrix is also known as ________

A. BCG Matrix
B. GE - Mckinsey matrix
C. Parental matrix
D. Policy directional matrix

12. The mission statement answers which of the following question?

A. What is purpose of our business?
B. How can we improve ourselves?
C. What do we want to become?
D. Who are our stakeholders?

13. Resources, activities and  processes some will be unique and provide competitive advantage is known as _________

A. Strategic control
B. Business model
C. Strategic intent 
D. Strategic capability

14. Which of the following is not a variable of the component, the strategic position

A. Environment
B. Purpose
C. Capability
D. Processes 

15. A possible and desirable future state of an organization is called:

A. Mission
B. Vision
C. Goal 
D. None 

16. ________ includes understanding the strategic position of an organisation, making strategic choice for the future and managing strategy in action.

A. Strategic capability
B. Strategic control
C. Strategic management
D. Strategic position

17. According to BCG matrix SBU's with low market share and high market growth is called _______.

A. Cash cows
B. Question marks
C. Stars
D. Dogs

18. ________ involve the options for strategy in terms of both the directions in which strategy might move and the methods by which strategy might be pursaed.

A. Strategic position
B. Strategic choice
C. Strategic action
D. None of these 

19. According to BCG matrix SBU's with high market share and high market growth is called _______.

A. Cash cows
B. Question marks
C. Stars
D. Dogs

20. __________ is where organizations deliver modified or new products (or services) to existing markets.

A. Product development
B. Consolidation
C. Market development
D. None of these

21. The acronym SWOT stands for

A. Special Weapons for Operations Timeliness
B. Services, Worldwide Optimization, and Transport
C. Strengths Worldwide Overcome Threats
D. Strengths, Weaknesses, Opportunities, and Threats

22. Stability strategy is a ________ strategy

A. Corporate level
B. Strategic level
C. Functional level
D. Business level

23. ________ Can be defined as corporate development beyond current products and markets.

A. Product development
B. Market development
C. Diversification
D. Related diversification

24. Another way to consider a portfolio of businesses is by meane of the 

A. Directional policy matrix
B. Parenting matrix
C. BCG matrix
D. None 

25. BCG in BCG matrix stands for __________

A. Boston Calmette Group
B. British Consulting Group
C. Boston Corporate Group
D. Boston Consulting Group

26. Which of the following is not a part the Macro Environment?

A. Laws & Policies
B. Demographics
C. Suppliers

D. Social Values

27. Cultural values would be part of which of the following factor in macro environment?

A. Demographic
B. Natural
C. Ecological
D. Social

28. What does Question Mark symbolize in BCG matrix?

A. Liquidate
B. Invest
C. Stable
D. Remain Diversified

29. What are the means by which long term objectives will be achieved?

A. Strategies
B. Opportunities
C. Strength
D. Policies

30. The BCG matrix is based on

A. Industry growth rate and relative market share
B. Industry attractiveness and Business strength
C. Industry Growth rate and Business strength
D. All of these

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HUMAN RESOURCES MANAGEMENT (HRM) MCQS

May 22, 2021 0
HUMAN RESOURCES MANAGEMENT (HRM) MCQS
M.COM
SEMESTER - 1


HUMAN RESOURCES MANAGEMENT
(HRM)
MCQS

1. ________ Is an action or related group of actions designed to produce a definite outcome or result.

A. Position
B. Task 
C. Job
D. Occupation

2. Environment consists of national income, per capital income, wage level etc.

A. Social
B. Technological
C. Legal
D. Economic

3. Under the knowledge management Process _________ stage involves development of new knowledge through observation, feedback, brain storming, failure in the previous events etc.

A. Apply stage
B. Create stage
C. Share stage
D. Store stage 

4. Which one of the following is not an external factor affecting human resource plan.

A. Government policy
B. Level of economic development
C. Outsourcing
D. Human resource policies

5. _________ Refers to the movement of an employee from one job to the another.

A. Job design
B. Job rotation
C. Job description
D. Job specification

6. In ________ employees learn their jobs on the equipment they will be using but the training is conducted away from the actual work floor.

A. Computer modelling
B. Lectures
C. Films shown
D. Vestibule training

7. _________ environment consists of institutions like legislature, executive and judiciary.

A. Social
B. Technological
C. Legal
D. Economic

8. Which one of the following is an on the job training method __________

A. Apprenticeship programs
B. Lectures
C. Films
D. Simulation exercises

9. _________ is "an organized factual statement of the duties and responsibilities of a specific job". In brief, it should tell what is to be done, how it is done and why. It is a standard of function, in that it defines the appropriate and authorized content of a job.

A. Job enrichment
B. Job enlargement
C. Job analysis
D. Job description

10. ________ refers to "the process of determining, by observation and study, and reporting pertinent information relating to the nature of a specific job. It is the determination of the tasks which comprise the job of the skills, knowledge, abilities and responsibilities required of the worker of a successful performance and which differentiate one job from all others".

A. Job enrichment
B. Job enlargement
C. Job analysis
D. Job description

11. Which one of the following is not a principle of learning __________.

A. Learning is not enhanced when the learner is motivated
B. Learning requires feedback
C. Practice increases a learners performance
D. Learning begins rapidly and then plateaus

12. Which one of the following is not an on the job development exercise

A. Coaching
B. Job rotation
C. Case study
D. Understudy assignments

13. A ________ is a group of similar tasks and responsibilities assigned to one individual. The term is used in this narrow technical Sense to facilitate more precise discussion of the job analysis technique. 

A. Position
B. Task
C. Job
D. None of these 

14. _________ Is "a statement of the minimum acceptable human qualities necessary to perform a job properly". In contrast to the job description it is a standard of personnel and designates the qualities required for acceptable performance.

A. Job analysis
B. Job enlargement
C. Job specification
D. Job description

15. ______ Refers to having employees as per the job analysis, job description and job specification exercises of the company.

A. Right sizing
B. Employees collaboration
C. Job rotation
D. Job evaluation

16. ________ is a process which seeks a relatively performance and change in an individual that will improve his or her ability to perform on the job.

A. Training
B. Maintenance
C. Feedback
D. Rewarding

17. ______ factor is influenced by the organization structure, relationships and the nature of managerial work.

A. Social
B. Technological
C. Cultural
D. Political

18. Which one of the following is not an internal factor affecting human resource paln.

A. Job analysis
B. Business environment
C. Human resource policies
D. Trade unions

19. Which one of the following is not a factor in right sizing.

A. Competition
B. Technological innovation
C. Outsourcing
D. Loss of employment

20. An ________ "is a group of jobs that are similar as to kind of work and are found throughout an industry or the entire country". 

A. Job description
B. Job specification
C. Job classification
D. Occupation

21. ___________ is the process of collecting job related information.

A. Job analysis

B. Job design
C. Methods of collecting job data
D. None of the above

22. _________ makes the new and existing organizational knowledge accessible for employees.

A. Share stage
B. Apply stage
C. Customer acceptance
D. Create stage 

23. ___________ provides information on the human attributes in terms of education, skills, aptitudes, and experience necessary to perform a job effectively.

A. Job specification
B. Job description
C. Job analysis
D. Job evaluation

24. Job Analysis is a systematic procedure for securing and reporting information defining a ______________.

A. Specific job
B. Specific product
C. Specific services
D. All of these

25. ______ loss of employment results in loss of regular income which in turn disturbs the entire family of retrenched employees.

A. Human resource development
B. Loss of employment
C. Loss of income
D. All of these

26. Job information can be used as a standard when __________ is being considered for standard performance.

A. Discipline
B. Wage and salary administration
C. Health and safety
D. Induction

27. External environment analysis : ___________

A. Opportunities and threats 
B. Strength and weaknesses
C. Both a & b
D. None of these

28. ________ is formal knowledge which is available in books, reports, audio tapes, video tapes, CDs etc.

A. Explicit knowledge
B. Tactic knowledge
C. Both 
D. None 

29. Which of the following is not a method of collecting job data?

A. Checklists
B. Interviews
C. Case study
D. All of the above

 30. State true or false

Job description and job specification are the two sets of data in the job analysis process.

A. True

B. False


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