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MGT211 Introduction To Business MCQs

MGT211-Introduction To Business study material for students of virtual university of Pakistan. Download Past(old) Papers solved/unsolved, past assignments, quiz, mcqs, lecture notes, video lectures, handouts, books of MGT211-Introduction To Business

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Which of the following is/are the component/s of business?
  • Industry
  • Commerce
  • Both industry and commerce
  • Trade and aids to trade
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Key controllable factors in global marketing are:
  • Marketing activities and plans
  • Social and technical changes
  • Government policy and legislation
  • All of the given options
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______ is the typical sequence of changes in demand for a product that occurs over time. 
  • The business vision statement
  • The product life cycle
  • Marketing research
  • A customer-oriented approach
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______ is the combination of a product's qualities and features, its price, the way it is promoted and sold, and the places at which it is sold.
  • Marketing mix
  • Product mix
  • Product differentiation
  • Product positioning
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Which of the following is EXCLUDED from the advantages of sole proprietorship?
  • Unlimited liability
  • Personal satisfaction
  • Entire profit
  • Independence
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___ is the process of locating, identifying, and attracting capable applicants.
  • Downsizing
  • Human resource inventory report
  • Recruitment
  • Strategic human resource planning
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______ refers to the standards of moral behavior. 
  • Legality
  • Loyalty
  • Integrity
  • Ethics
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The law elating to Joint Stock Companies has been laid in companies Ordinance:
  • 1984
  • 1980
  • 1932
  • none of the above
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When a manager focuses on making whatever products are easy to produce, and then trying to sell them, that manager has a _________orientation.
  • Marketing
  • Production
  • Sales
  • Profit
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In which of the following do two or more organizations collaborate on a project for mutual gain?
  • Limited partnership
  • Joint venture
  • Public corporation
  • Strategic alliance
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