Questions and answers for exam Preparation

MCQs

Total Questions : 69 | Page 2 of 7 pages

Question 11. An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called

inelastic demand
product differentiation
cost leadership
elastic demand

Discuss Question

Answer: Option B. -> product differentiation
Answer: (b).product differentiation

Question 12. Considering the balanced scorecard, the perspective in which performance of organization includes is

financial perspective
learning and growth perspective
customer perspective
all of above

Discuss Question

Answer: Option D. -> all of above
Answer: (d).all of above

Question 13. Considering two years 2013 and 2014, the quantity of output produced in 2014 is divided by cost of input used in 2013, to produce output in 2014 to calculate

benchmark engineered productivity
benchmark total factor productivity
benchmark partial productivity
benchmark total productivity

Discuss Question

Answer: Option B. -> benchmark total factor productivity
Answer: (b).benchmark total factor productivity

Question 14. If the quantity of manufactured jackets is 2250000 units and the leather used to produce the output is 3500000 m², then direct partial productivity of material will be

0.642 unit of jacket per ² of leather
0.342 unit of jacket per ² of leather
0.442 unit of jacket per ² of leather
0.542 unit of jacket per ² of leather

Discuss Question

Answer: Option A. -> 0.642 unit of jacket per ² of leather
Answer: (a).0.642 unit of jacket per ² of leather

Question 15. The quantity of produced output is divided by quantity of used input to calculate

targeted productivity
total factor productivity
partial productivity
unused productivity

Discuss Question

Answer: Option C. -> partial productivity
Answer: (c).partial productivity

Question 16. Which of the following is an example of internal business perspective in balanced scorecard?

employee turnover rates
operating capabilities and number of patents
operating income and revenue growth
customer satisfaction and market share

Discuss Question

Answer: Option B. -> operating capabilities and number of patents
Answer: (b).operating capabilities and number of patents

Question 17. The balanced scorecard perspective, which measures strategy profitability and amount of operating income results from cost reduction is classified as