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Questions in business

📝 Answered - You think a new job will pay you a higher salary and that you'll be able to get scholarships to pay for part of the tuition. Overall, it's a risk you're willing to take. Which of these personal factors could make you more willing to take financial risks to achieve your goals? A. Being a young adult B. Having aging parents C. Having a chronic illness D. Owning a house

📝 Answered - Outsourcing is when a company does what? A. Has some of their work done in another country B. Has all of their work done in different states C. Has all of their business taken over by the government D. Has some of their work done by the government

📝 Answered - Communication from the General Manager Ops to the Chief Operations Officer can take the following forms except: A. complaints and suggestions B. report on a task assigned C. job description D. petition on some subject

📝 Answered - Which of the following is NOT one of the primary considerations when developing a corporate strategy? (A) Developing a market analysis (B) Developing the firm's core processes (C) Identifying and developing a firm's core competencies (D) Environmental scanning

📝 Answered - Thomas bought a furniture item for Rs. 4800. If he had to spend Rs. 1200 for polishing the item before selling, then find the profit or loss percent if the selling price is Rs. 5400. A. 1% profit B. 1% loss C. 5% profit D. 5% loss

📝 Answered - Mr. Kartar Singh is in a private sector job now. He has opted for Sanchay Aajeevan Guaranteed Advantage (SAGA) plan. What can he do with 60% tax-free vesting benefit from his policy? Select the correct answer from the list below. A) Start a business B) Use as a retirement corpus C) Create a legacy D) All of these

📝 Answered - 2. Bought office equipment worth P20,000 in cash. 3. Paid P5,000 for July rent. 4. Rendered services and received P15,000 cash. 5. Bought supplies worth P8,000 on credit. 6. Paid P4,000 to a supplier for a previous purchase. 7. Provided services worth P12,000 on account. 8. Received P6,000 from a customer for a previously billed service. 9. Owner withdrew P2,500 cash for personal use. 10. Paid P10,000 for employee salaries. Fill in the blanks in the table below: | Accounts affected | Elements | Dr | Cr | |---|---|---|---| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

📝 Answered - Which of the following is classified as a short-term loan? (A) Food Processing (B) Crop loans (C) Farm Mechanization (D) Poly houses

📝 Answered - State Bank of India is a A. Public Sector Bank B. Private Sector Bank C. Joint Sector Bank D. Non-Nationalized bank

📝 Answered - Due to a global supply chain disruption, the cost of solar panels—an essential input for EcoGizmo's solar-powered phone chargers—has increased. How does the law of supply suggest EcoGizmo should respond to this change in input costs? A) Maintain the same price and quantity supplied to avoid losing customers. B) Increase production to take advantage of economies of scale. C) Reduce the quantity supplied, as higher input costs will reduce profitability at current prices. D) Increase the price of the $40 phone chargers to cover the higher input costs, maintaining the same quantity supplied.