11
Which of the following is/are factor(s) of product design stage?
A)
Product characteristics
B)
Economic Analysis
C)
Profit and Competitiveness
D)
All of the above
Answer & Solution
Answer: Option
D
12
Allocation Model includes
A)
Linear Programmes
B)
Non-Linear Programmes
C)
Convex
D)
All of the above
Answer & Solution
Answer: Option
D
13
Which of the following is incorrect about variety seeking buying behaviour of a consumer?
A)
Consumers switch among different brands without much evaluation
B)
The offering is evaluated while the product is consumed and used by the consumer
C)
There is low involvement from consumers and there exists significant differences between brands
D)
Quality becomes an important parameter to decide on the purchase
Answer & Solution
Answer: Option
D
14
A product line a graph of products that are closely related because they . . . . . . . . are
used together, are sold to the same customer graph, are distributed through the same type of outlets, or fall within a given price range some type of outlets, or fall within a given price range.
A)
satisfy a class of needs
B)
developed by the same product manager
C)
all requires high level of R & D
D)
all have the same brand equity
Answer & Solution
Answer: Option
A
15
The files required to maintain general ledger records include
A)
inventory file
B)
detail postings file
C)
chart of accounts file
D)
none of the above
Answer & Solution
Answer: Option
B
16
Which of the following is a not type of salesforce?
A)
Territorial structure
B)
Product structure
C)
Market structure
D)
Special task force
Answer & Solution
Answer: Option
D
17
Which is the first stage in the decision-making process?
A)
Problem recognition
B)
Information search
C)
Evaluation of alternatives
D)
Purchase decisions
Answer & Solution
Answer: Option
A
18
Which of the following is an individual who buys products or services for personal use and not for manufacture or resale?
A)
Consumer
B)
Customer
C)
Client
D)
Industrial Unit
Answer & Solution
Answer: Option
A
19
Given
A)
Routing Model
B)
Simulation Model
C)
Linear Programme
D)
Competition Mode
Answer & Solution
Answer: Option
C
20
Match the following
List-I (Steps in Work Measurement) List-II (Purpose)
a. Select
1. Job
b. Record
2. Time
c. Examine
3. Ineffective Time
d. Define
4. Method
A)
a-1, b-3, c-2, d-4
B)
a-3, b-4, c-1, d-2
C)
a-1, b-2, c-3, d-4
D)
a-1, b-4, c-3, d-2
Answer & Solution
Answer: Option
C
