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4th quiz of MGT601 is attached with this discussion........If you find some mistakes please share in the same thread with your own quiz........:)

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Replies to This Discussion

4th Quiz(MGT601)


*Please Correct me, if you find any mistake.




 “Rent of the shop” is an example of which of the following?


Fixed cost

Variable cost

Selling Price

Breakeven Point



Which of the following is the first stage in new product development?


Idea generation

Idea screening

Concept development

Concept testing



Current ratio is the relationship of current assets and current liabilities, how these two terms are related?


Current assets ÷ current liabilities

Current assets × current liabilities

Current assets + current liabilities

Current assets – current liabilities



Which of the following is the correct sequence of different stages of product life cycle? I. Maturity II. Decline III. Introduction IV. Growth





Sequence can vary from product to product



Which of the following is not the document that comes under ISO 9000?


ISO 9001

ISO 9002

ISO 9003

ISO 9005



Which of the following test conducted for employment to test traits like self-confidence, sociability, flexibility, creativity, and curiosity?


Personality test (doubted)

Aptitude test

Intelligence test

Achievement test



Recruitment through internet advertisement is called __________________.


Cyberspace recruiting

Websumes recruiting

Leasing recruiting

None of the given options (not sure)



Retirement plans, life and health insurance plans, subsidized cafeterias, company cars, are the examples of which of the following?





Fringe benefits



What kind of activity is taking place when department manager provides a complete tour of company or plant to the new member?








Which of the following products can be said to be at the introduction stage of PLC (data as per December 2008)?


Digital televisions

Palmtop mobiles

Video cassettes (not sure)

Digital Cameras



What kind of facilities Industrial & Technological Information Bank provide to SME?


Financial and leasing assistance

Feasibility and technical assistance (doubted)

Consultancy and research services

Data storage and Information retrieval



Which of the following requires participating companies to keep track of their raw material use and their generation, treatment and disposal hazardous wastes?


ISO 8004

ISO 14000

ISO 9000

ISO 9001



Statistical process control system is best applicable in which of the following processes?


Manufacturing (doubted)






Which of the test is more suitable to select a mechanical craftsman?


Personality test

Aptitude test

Achievement test

Intelligence test



Which of the following is a cost which remains fix in total but varies per unit of sales?


Variable cost

Selling Price

Fixed cost

Breakeven Point



Which of the following is/are “subsidized institution/s” helping the entrepreneurs to provide the finance for working capital?


SME Bank

Financial institution of industrial Zones


All of the given options



Until 2000, how many member countries have maintained 390 MFN (Most Favorite Nation) exemptions in WTO?








Which of the following covers final testing and inspection of a product to ensure that final products and services meet specified requirements?


ISO 9001 (doubted)

ISO 9002

ISO 9003

ISO 9004



Following are different state institutions that can provide assistance in the activities of marketing EXCEPT:


Export Promotion Bureau

Export Promotion Zone Authority

Small & Medium Enterprise Development Authority

Federal Board of Revenue



Quality of materials, form, appearance, functions of a product is related with which of the following?


Design Quality

Manufacturing Quality

Productive Quality

All types of qualities











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