vu mgt211 Mid Term - Quiz No.6
vu mgt211 Introduction To Business Quiz
This quiz belongs to book/course code vu mgt211 Introduction To Business of vu organization. We have 30 quizzes available related to the book/course Introduction To Business. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Mid Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
NVAEducation also facilitates users to contribute in online competitions with other students to make a challenging situation to learn in a creative way. You can create one to one, and group competition on an topic of a book/course code. Also on NVAEducation you can get certifications by passing the online quiz test.
Question 1: Which of the following is/are the component/s of business?
Industry
Commerce
Both industry and commerce
Trade and aids to trade
Question 2: What is the method of on job training?
Lectures
Vestibule
Videos
None of given options
Question 3: Which of the following is defined as large scale information system used for organizing and managing a firms processes across product lines, departments and geographic locations?
Expert System
Decision Support System
Enterprise Resource Planning
Electronic Data Interchange
Question 4: In __________ industry,raw material is converted into some goods finished or semi finished:
Manufacturing
Constructive
Genetic
Extractive
Question 5: The internal environment consists of the insides forces that influence marketing strategy and decision making is/are as follows:
Organization Policies
Product Policies
Management Structure
All of the given option
Question 6: Flow of communication from top to bottom is known as __________
Downward communication
Upward communication
Combination of Downward and upward communication
None of the given options
Question 7: Examples of genetic industries include:
Poultry
Sugar mill
Plant nurseries
Canals
Question 8: The two major sources of raising funds or financing a business are:
Owner's capital & borrowed funds
Short term and long term loans
Debentures and drafts
Assets and long term loans
Question 9: Business success can be attributed to:
Luck.
Hard work, drive and dedication.
A high demand for the good or service produced.
All of the given options
Question 10: Profit sharing, gain sharing and pay-for-knowledge plans are examples of:
Individual incentives
Company-wide incentives
Cafeteria benefit plans
Merit salary systems
