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Business Administration Quiz (Business, Marketing, Include)
Which of the following is not part of the promotion-mix?
Public relations
Product planning
Personal selling
Advertising
Selling activities include:
Sales presentations
Demonstrations
Handling objections
Closing the sale
The organizing function of management includes:
How tasks to be grouped.
Conflict resolution among sub-ordinates.
Comparison of actual results with a budget.
Definition of organization’s goals.
The key to motivating today’s diversified work force lies in:
Creativity
Goal setting
Support
Flexibility
Control should be placed:
Where they are cost-effective
On all activities
Where there are problem areas
On the single most important
The marketing logic by which the business unit hopes to achieve its marketing objective is called:
Business strategy
Marketing strategy
Production & distribution strategy
All of these
Strategic planning is the process of developing a formal strategy for:
Identifying clear objectives
Long run survival & growth
Continuity & Consistency
All of these
Who are the true owners of Corporation?
Debt holder
Common stock holders
Managers of the firm
Board of directors
What does an efficient port folio provide?
Highest return for a given amount of risk
Least rick for a given level of return
Highest possible return and least amount of risk
Both ‘a’ and ‘b’
The economic order quaintly (ECQ) increases when which of the following increases?
Sales
Ordering costs
Carrying costs
Both ‘a’ and ‘b’
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