Professional Documents
Culture Documents
SET - I
a) execution
b) selling
c) strategies
d) research
5. The ________ concept holds that consumers and businesses, if left alone, will ordinarily not buy enough of
the organization’s products. [ ]
a) production
b) selling
c) marketing
d) holistic marketing
a) A religion.
c) Your university.
d) Your occupation.
7. If actual performance exceeds the expected performance of the product, Then customer
is___________________ [ ]
a) Satisfied
b) Dissatisfied
c) Delighted
d) Neutral
8. Shorthand words use to capture a vision or to reinforce old or new values in a firm's culture are called
a. Metaphors [ ]
b. Sagas
c. Rituals
d. Symbols
9. __________ is adding new, unrelated products or services for present customers. [ ]
a. Concentric diversification
b. Horizontal diversification
c. Conglomerate diversification
d. Product development
10. Which strategy would be effective when the new products have a counter cyclical sales pattern compared to
an organization's present products? [ ]
a. Forward integration
b. Retrenchment
c. Horizontal diversification
d. Market penetration
11. . An external analysis enables a firm to determine what the firm _____________.
12. Competitors are more likely to respond to competitive actions that are taken by ____________.
14. ____________ product is MOST likely to be purchased through routine decision making?
15. ____________ is defined as communication with large numbers of customers at the same time.
16. The controllable variables a company puts together to satisfy a target group is called the _______________.
17. When customer expectations regarding product quality, service quality, and value-based price are met or
exceeded, _________________________ is created.
18. The rate of subsidy under PMEGP scheme ranges from _________ % to ____________%.
19. The Chairman of Committee on Financial Architecture for MSME sector setup by Government of India is
____________________.
20. Which sector TUF applies to _______________.
SET –I KEY
1. A
2. A
3. A
4. A
5. B
6. A
7. C
8. A
9. B
10. A
11. Might do
13. Policies
18. 15 & 35
19. K V Kamath
20. Textile
SET - II
1. If the investment in fixed assets or plant and machinery does not exceed one crore rupees, then that
particular firm come s under the category of [ ]
a) Tiny industry
b) Small scale industry
c) Village industry
d) Cottage: industry
2. Name the institution which was set up in 1982 to promote integrated rural development. [ ]
a) NSIC
b) NABARD
c) SIDBI
d) NCEUS
3.. Finance companies [ ]
a) are money market intermediaries.
b) borrow in large amounts, but lend in small amounts.
c) are virtually unregulated.
d) all of the above.
4. Buying goods and services for further processing or for use in the production process refers to which of the
following markets? [ ]
a) Consumer markets
b) Government markets
c) Business markets
d) International markets
5. The ________ refers to the various companies that are involved in moving a product from its manufacturer
into the hands of its buyer. [ ]
a) distribution chain
b) network chain
c) supply chain
d) promotion network
6. A person’s ________ consist(s) of all the groups that have a direct (face-to-face) or indirect influence on
his/her attitudes or behavior. [ ]
a) culture
b) subculture
c) psychographics
d) reference groups
8. In the Exploring Strategy Model, what heading is used to cover environment, capability, goals
and culture? [ ]
a. Strategic applicability
b. Strategic choices
c. Strategy in action
d. Strategic position
9. Which of the following answers the question: 'Where does the organization aspire to be in the
future?' [ ]
a. Mission statement
b. Core values
c. Vision statement
d. Objectives
10. What term is used for the process by which innovations spread among users, varying in pace
and extent? [ ]
b. Incremental innovation
c. Radical innovation
d. Diffusion
.
12. __________________ refers to formal and informal rules, regulations and procedures that
complement the company structure
14. ___________________ enables the strategists to take corrective action at the right time.
15. Need becomes ________ when they are directed towards a specific object.
17. Price is the only element in the marketing mix that produces ____________________.
18. Capital rising entirely depends on the entrepreneur in which of the following entity _____________.
19. Selling goods to another country through a person in the entrepreneur’s home country is known as:
20. The quantum of loan limit under the revised General Credit Card (GCC) scheme is __________.
SET – II KEY
1. B
2. B
3. D
4. C
5. A
6. D
7. A
8. D
9. C
10. D
11. Production
12. System
13. Internal
15. Want
16. Food
17. Revenue