Business Quiz At Afterschoool

Business quiz Afterschoool www.afterschoool.tk www.afterschool.tk www.afterschoool.tk

if the amount after 25 years is 50000, what is annuity? Rate is 5% compounding annually. The annuity is Rs. 1047.6 per annum.

if the amt after 25 years is 50000, what is annuity? R 5,

www.afterschoool.tk

What is Phishing? • To take someone’s password illigally by email etc.

www.afterschoool.tk

What is RONW • Return on Net Worth. • Networth is the sum of equity and reserves.

www.afterschoool.tk

What is FERA and FEMA? • FERA is foreign exchange regulation act, and FEMA is foreign exchange management act.

www.afterschoool.tk

What is working capital cycle? • The moment we purchase raw material – to the moment we receive our payment for goods sold – one working capital cycle is complete.

www.afterschoool.tk

What will happen if price of a item increase and its demand is price inelastic?

• The result will be that consumption expenses of this item will go up and people will spend more.

www.afterschoool.tk

What type of items are those – where there is high price elasticity? • The items – which are not essential or which have close substitute available or those which are not immediately required.

www.afterschoool.tk

What is the drawback of market driven economic system? • There will be inequality and unequal distribution of resources.

www.afterschoool.tk

What is the fundamental concern of managerial economics? • To bring about best use of scarce resources for satisfying human wants and to bring best utilisation of these resources.

www.afterschoool.tk

If there is inflation, what should the central bank do? • Increase CRR, SLR, Bank Rate, Repo Rate, and put restrictions on lending • Adopt selective credit controls

www.afterschoool.tk

What was the view of classical economics? • Allow market forces to play its role and there should be minimal intereference by government.

www.afterschoool.tk

What will happen if the price of an item increase and its price elasticity is equal to 1?

• The demand will decrease by equal proportion and so the total money spent will remain the same.

www.afterschoool.tk

What do you mean by command economices? • The economies, where the government regulates everything are called command economies.

www.afterschoool.tk

Who suggests about allocation of resources to states in India? • Finance Commission

www.afterschoool.tk

What is PLC? • Product life cycle (a concept of marketing).

www.afterschoool.tk

What is AIO study in marketing? • A = attitude • I = Interests • O = opinions • In AIO study, we try to understand our consumers.

www.afterschoool.tk

What are 7 Ps of service marketing? • • • • • • •

Product Price Place Promotion Process People Physical Evidence www.afterschoool.tk

What are 7 S ? • • • • • • •

Strategy Structure Skills Superordinate goals Shared vision Systems Staff www.afterschoool.tk

What is the full form of BCG Matrix and for what is it used? • BCG stands for Boston consultancy Group Matrix for portofolio analysis – it is a tool for strategic decision making regarding allocations to different SBUs in a company

www.afterschoool.tk

What is SBU? • Strategic Business Unit.

www.afterschoool.tk

Thanks • Afterschoool conducts three year integrated PGPSE (after class 12) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship). It is free for all. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society. www.afterschoool.tk

www.afterschoool.tk social entrepreneurship for better society

www.afterschoool.tk