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 Business Awareness Questions

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Q:

One of the following companies does have business interest in both oil and shipping sectors. Identify this.

A) Tata Group B) Reliance Group
C) Essar Group D) ONGC
 
Answer & Explanation Answer: C) Essar Group

Explanation:
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Q:

Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?

A) Bharti Televenture B) Hutch
C) Idea D) Reliance Telecom
 
Answer & Explanation Answer: A) Bharti Televenture

Explanation:
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Q:

Cafe Coffee Day has entered into an agreement with which airlines carrier for becoming the single-point vend or supplying snacks and beverages on board?

 

A) Indian (Indian Airlines) B) Air Sahara
C) Air Deccan D) Kingfisher Airlines
 
Answer & Explanation Answer: C) Air Deccan

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Q:

The task of any business is to deliver _ at a profit.

A) Customer value B) Improved quality
C) Customer needs D) Products and services
 
Answer & Explanation Answer: A) Customer value

Explanation:

The task of any business is to deliver Customer value at a profit.

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Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

8 2623
Q:

Which of the following BPO companies is wholly-owned subsidiary of polaris Software?

A) Spectramind B) Drogeon
C) WNS D) Optimus
 
Answer & Explanation Answer: D) Optimus

Explanation:
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Q:

Which of the following Stock exchanges is called "Big Board"?

A) Nasdaq B) London Stock Exchange
C) New York Stock Exchange D) Mumbai Stock Exchange
 
Answer & Explanation Answer: C) New York Stock Exchange

Explanation:
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Q:

The purpose of safety stock is to

A) eliminate the possibility of a stockout B) control the likelihood of a stockout due to the variability of demand during lead time
C) replace failed units with good ones D) eliminate the likelihood of a stockout due to erroneous inventory tally
 
Answer & Explanation Answer: B) control the likelihood of a stockout due to the variability of demand during lead time

Explanation:

The purpose of safety stock is to control the likelihood of a stockout due to the variability of demand during lead time. Stockouts contribute to the direct loss of any type of business.

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Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 2518
Q:

The term 'degrees of newness' is associated with

A) total years of business experience B) degree of design change
C) average length of time on the job D) average age of employees
 
Answer & Explanation Answer: B) degree of design change

Explanation:

The term 'degrees of newness' is associated with degree of design change. How much the design changes that much newness comes in it.

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Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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