Unit 01-1 Mark Quiz Questions

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Score of NA Question: Which of the following are pillars of Toyota Production System? 1. Just-In-Time 2. Highly motivated people 3. Total Productive maintenance Response: Business Survival Profit maximisation

Feedback: Incorrect choice - It is involved in making profits in a business. Tactics Score of NA (skipped) Question: Which of the following inappropriate TPS? Response: Business strategy

Organisation Planning Corporate strategy Score of NA (skipped) Question: _________ process of V4L is ensured with the use of the right metrics and requirement that a consensus be reached before plans are changed. Response: Resources

Planning Capability Competency Score of NA (skipped) Question: Identify the correct set of Main learning principles? A. Create awareness B. Establish capability C. Make action protocols D. Generate system-level awareness Response: Critical Success Faculty Current Success Factor Critical Success Factor

Current Success Facility Score of NA (skipped) Question: Which of the following are part of The Framework of Toyota production system? 1. Problem solving 2. People and Partners 3. Process Response: mission statement vision statement

strategy goal Score of NA (skipped) Question: Identify the incorrect statement. Response: Exclusive Distribution Public Relations Strategy

Pricing

Unit 01-2 Mark Quiz Questions

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Score of NA (skipped) Question: Match the following sets? Response: A pattern to improve the performance over time.

Not a framework for guiding project. Profit loss. Unrealistic goals. Score of NA (skipped) Question: Identify the incorrect statement. Response: Vision and mission

Vision and value Tactics Goals Score of NA (skipped) Question: Which of the following are correct set of Assembly plant operations? A. Assembly shop. B. Paint shop C. Fabricated shop D. Plastic shop Response: Corporate strategy Business strategy

Operational strategy Conceptual strategy Score of NA (skipped) Question: Match the following sets? Response: Should provide access to a wide range of markets. Should be difficult for the competitors to imitate. Should make considerable contribution to customers. Should be timely.

Question: Which of the following are the characteristics of Kanban system? A. Smoothing of production B. Standardisation of jobs C. Autonamation D. Reduction of set-up time design of machine layout Response: Match Correct Answer User answer Fee dbac k Feedback

Match Resources and facilities Evaluation and control

Correct Answer To achieve targets as per the time frame Short-term targets are evaluated on a timely and regular basis for the success of strategy Strengths, weaknesses, opportunities and threats

User answer To achieve targets as per the time frame Short-term targets are evaluated on a timely and regular basis for the success of strategy Strengths, weaknesses, opportunities and threats

SWOT

Internal environme nt

Financial resources, production capacity and manpower

Financial resources, production capacity and manpower

Unit 02-1 Mark Quiz Questions

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Score of NA (skipped) Question: In Computer-Aided Design, the design engineer can use a visual display terminal along with ________ as an input device. Response: Design Crucial Systematic

Integrated Score of NA (skipped) Question: In Robotics,__________ perform manufacturing process automatically. Response: Top level management Planning staff Stakeholders Board of directors Score of NA Question: In CAM, ______axis of machines are considered. Response:

Retrenchment Stability

Expansion

Feedback: Not the right choice - The organisations adopt expansion strategy when it increases its level of objectives much higher than the past achievement level. Corporate restructuring Score of NA (skipped) Question: User confidence can be built on _____ visualisation. Response: Corporate level Tactical of functional level Business level

Operational level Score of NA (skipped) Question: Benefits of robots are ____________. A. Helps in using G-code programming language. B. Helps to minimise the cost. C. Helps to achieve high levels of quality. D. Helps in performing risky choice. Response: Strategic analysis Strategic implementation Strategic formulation Strategic choice Score of NA

(skipped) Question: Companies doing online auction will have to _____________. A. Worry about the reliability of the suppliers. B. Use a rating system to identify the integrity of the suppliers. C. Use a rating system to identify the creditworthiness of the suppliers. D. Stop being aware about the suppliers available. Response: Divestment Bankruptcy Liquidation Turnaround

Unit 02-2 Mark Quiz Questions

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Score of NA (skipped) Question: Features of the software for operations management includes _____________. A. Waiting line B. Enterprise Resource Planning C. Forecasting D. Inventory Response: 1F, 2T 1T, 2T 1T, 2F

1F, 2F Score of NA (skipped) Question: The three competitive advantages in problem solving are _______________. A. Improvement of process and customer service. B. Improvement of Response time. C. Improvement of Quality management. D. Improvement of the Capacity management by doing inventory. Response:

Variation and retention

Values and retention Variation and response Values and response Score of NA (skipped) Question: Identify the inappropriate sentence. The present CAM users can generate _______________ . A. Streamlined tool paths B. Cutting operations C. Optimised tool axis tilt used for higher feed rates D. Optimised Z axis depth cuts. Response: Choosing and implementing. Analysing and framing. Planning and scheduling.

Planning and choosing. Score of NA (skipped) Question: The following activities are done at the preliminary investigation stage: A. Old product ideas B. True market C. Technical D. Financial assessments Response: High level of expertise in the manufacturing process, Industry reputation for quality and innovation. Low level expertise and low quality products. The company does not possess skills in designing modules. Do not have expertise for industry reputation in quality and innovation.

Unit 03-1 Mark Quiz Questions

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Score of NA (skipped) Question: The graphs used for monitoring the production of large quantities of products are called _____. Response: Benchmarking Resource audit Quality

Financial analysis Score of NA (skipped) Question: ______________ is a degree which describes intended function of equipment. Response: Michael Porter Prahalad Robert Kaplan Gary Hamel Score of NA (skipped) Question: _______________ is a process to confirm that the product meet the needs and expectations of the donors and beneficiaries. Response: Economic force Technological force

Political-legal force Socio-cultural force Score of NA (skipped) Question: Identify the quality characteristics related to the attributes, measures and methods attached to a particular product or service. Response: Environmental Scanning Environmental appraisal

External analysis SWOT analysis Score of NA (skipped) Question: _____ represents a set of guidelines and is used to develop Quality Management systems. Response: Strategy implementation Strategy planning Strategy management Strategy analysis Score of NA (skipped) Question: State whether the following sentence True or False. 1. Organisation cannot attain customer satisfaction through integrated system of tools, techniques and training. 2. The goal of Total Quality Management is to do the rights things, right from the first time . Response: S-O strategies

W-O strategies

S-T strategies W-T strategies

Unit 03-2 Mark Quiz Questions

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Score of NA (skipped) Question: State whether the following sentence True or False. 1. Quality is to provide a product or service, at a price the customer can afford.2. Quality is the manufacturers perception Response: Michael Porter, Gary Hamel Prahalad, Gary Hamel Robert Kaplan, David Norton

Prahalad, Michael Porter Score of NA (skipped) Question: A risk that materialises is no longer a risk, they are considered to be a _________. Response: Cash cows have low market share. Dogs are products that have low market share and do not have the potential to bring in much cash. Stars have low growth and low market share. Question marks have high growth and high market share. Score of NA (skipped) Question:

An ideal risk management method should produce the ________ risk cost and maintains these cost stable form year to year. Response: Good reputation among customers is one of the strength of an organisation.

High cost structure is one of the strength of the organisation. Removal of international trade barriers is a threat to an organisation. Increased trade barriers is an opportunity for the organisations. Score of NA (skipped) Question: Which of the following sentence is appropriate with respect to project quality.1. Project Quality Management is an independent process. 2. Project Quality Management is not an independent process. 3. Project Quality Management occurs in the middle of an activity to measure the level of quality of the output. 4. Project Quality Management occurs at the end of an activity to measure the level of quality of the output . Response: Operational goals, customer

Customer perspective Customer satisfaction, market share goals Financial success, shareholder

Unit 04-1 Mark Quiz Questions

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Question Results
Score of NA (skipped) Question: ________ defines risk as the totality effect of outcomes (i.e. states of nature) that can be described within established confidence limits (i.e. probability distributions). Response: Image

Milestone Strength Characte r Score of NA (skipped) Question: Identify the statement which is an example of Catastrophic risks. Response: Implementatio n Planning Certification Replacement Score of NA (skipped) Question: Identify the statement which is not included in defining Project Risks: Response: Strategical information

Technical information Environmental information Policy Score of NA (skipped) Question: State whether the statement is True or False. 1. Risk monitoring and control is a process which keeps track of the identified risks, residual risks, and new risks involved in a project. 2. Risk management helps the organisation to control and monitor various activities in a project. Response: Certification

Road map

Mission statement Policy Score of NA (skipped) Question: This risk may also lead to cost risks, as longer projects always cost more. Identify the correct option which defines this statement? Response: Strategy Wisdom

Guidelin e Process Score of NA (skipped) Question: Match the following Response: Manual Software Methodical

Comparative

Unit 04-2 Mark Quiz Questions

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Score of NA (skipped) Question: Identify the statement which is not included in Project Risk Management Methodologies: 1. The risk management is not one-size-fits-all. It needs to match to the risk profiles and objectives of the project. 2. Contingency plan is a response that is designed for use when ongoing events. 3. It produces a project risk register which consists of the identified risks that may affect the ability of the project to achieve its objectives. 4. The ultimate goal in this aspect of the project is to reduce residual waste to an acceptable level. Response: Encouraging communication standards and preserving core strengths are the goals of a company while working on its Critical Success Factor. Designing competitive positions and enhancing image are the goals of a company while working on its Critical Success Factor. Developing high level goals and implementing analysis matrices are the goals of a company while working on its Critical Success Factor. Encouraging communication standards and developing high level goals are the goals of a company while working on its Critical Success Factor. Score of NA (skipped) Question: Identify the three factors of a project required for risk management in an organisation: 1. Time 2. Money estimate 3. Manpower 4. Information Response: Finance, short-term Negotiation, longterm Liquidity, long-term Products, short-term Score of NA (skipped) Question: The expansion of PMIS is: Response: Peace, information Organisational structure, strategic vision

Strategies, strategic vision Organisational structure, peace Score of NA (skipped) Question: There are________aspects of speech that are essential for clear conversation in the conference call. Response: Setting up guideline development group, scheduling time for events Breaking up the project and extracting task, assigning the task to the resources Recognising the need for services, evaluation of potential suppliers Establishing priorities, assigning the task to the resources

Unit 05-1 Mark Quiz Questions

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Score of NA (skipped) Question: ________is responsible for making a detailed research and analysis of the project requirements and manages to discuss with each member. Response: Synergy

Operational control Strategic control Key stakeholders expectations Score of NA (skipped) Question:

Which of the following statement is False? Response: Feedforward controls Concurrent controls

Feedback controls Operational controls Score of NA (skipped) Question: Match the following : Response: Strategic control Strategic evaluation

Operational control Synergy Score of NA (skipped) Question: Identify the appropriate statements 1. A periodic review of the project is necessary to monitor the status of the workflow. 2. The centre of the model is represented as, the retailer followed by the middle ring of the manufacturer, and finally the outside ring being the consumer. 3. On reviewing of the project by the senior members of the team it is not necessary that the changes has to be approved by the other members of the team. 4. A review is performed in terms of financial issues to make sure that the planned budget does not exceed the occurred expenses. Response: Managers Analysts Shareholders Stakeholders Score of NA

(skipped) Question: This is not a feature of the Microsoft Project Planner: Response: Measure performance Create pre-established standards

Take remedial action Recognise the activity to be measured Score of NA (skipped) Question: Which is not a factor that is considered for Teamwork and Relationships among Team members. Response: Short term arrangement Goal displacement Behavior substitution

Sub-optimisation

Unit 05-2 Mark Quiz Questions

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Score of NA (skipped) Question: Match the following features of Requisites of Project Management System. Response: 1T, 2T 1T, 2F

1F, 2F

1F, 2T Score of NA (skipped) Question: In an organisation, the __________ type of organisation will become more popular and staff roles will decrease. Response: Strategic decisions are concerned with analysing the accuracy of the decision premise. Key Stakeholders are a subset of stakeholders who can do not leave a direct impact on the organisation and can influence the success or failure of the organisation Strategic control is established to focus on the resources used in the performance (input), activities that generate the performance (behaviour) and the result of actual performance (output). Downsizing and divesting may result in negative synergy. Score of NA (skipped) Question: Identify which of the following is not a project checklist constrain: Response: 1T, 2T 1T, 2F

1F, 2T 1F, 2F Score of NA (skipped) Question: Expansion of IIPDF is: Response: To create a new business

To focus on the performance of the HR department To identify the activities that do not fall within the tolerance range To calculate EVA and MVA

Unit 06-1 Mark Quiz Questions

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Score of NA (skipped) Question: ______________ adopted a list of infrastructure facilities for the purpose of extending credit facility as infrastructure lending to a borrower company engaged in developing, operating and maintaining such infrastructure facilities. Response: Organisational goals

Organisational behaviour Coordination Decision making Score of NA (skipped) Question: Recently _________ sector participation as well collaboration with experienced _______ infrastructure companies are necessary to spur the growth of infrastructure in the country. Response: Budget Policy statements

Resource

Performance Score of NA (skipped) Question: State whether the statement is True or False: 1. Private participation can range from partial ownership, operation and maintenance of an infrastructure facility to just contracted operation of the facility. 2. A project aimed at significant social benefits such as high cost metro transit may be more suitable for government ownership. Response: Process Metrics Policy

Programme Score of NA (skipped) Question: Identify the statement which does not define the role of Special Purpose Vehicle (SPV): Response: Corporate culture

Statement Culture Outcome Score of NA (skipped) Question: State whether the statements are True or False? 1. The interdependence of countries with regard to their economic development is leading to an increase in the sharing of material and human resources across the countries. 2. The significance of geographical distance in developing and maintaining trade, socio-cultural and international relations is reducing rapidly. Response: Process Implied

Interpreting Written Score of NA (skipped) Question: Match the following Response: Top level management Business policies

Resources Coordination

Unit 06-2 Mark Quiz Questions

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Score of NA (skipped) Question: Identify the statements which are a part of the transport Infrastructure projects:1. Their initiation and progress are heavily dependent on Government policy as well as Government funding. 2. They are always financially viable, because of their long gestation periods and limited financial returns. 3. They have a long operating life. 4. They are not always financially viable, because of their long gestation periods and limited financial returns. Response: Policy does not identify the company rules. Procedure identifies the specific actions and explains when an action needs to be taken. Programme is not a concrete scheme of activities designed to accomplish a specific objective. Process is not intended to achieve organisational goals.

Score of NA (skipped) Question: State whether the following statements are true or False? 1. Govt. has allowed FDI in most infrastructure sectors to the extent of 57%. 2. Banks which were lending earlier for a period of 3 years are now proactive and lend upto 8 15 years. 3. Operate, Maintain, Transfer (OMT) model is also being adopted for roads. The government funds the road, while the contractor operates and maintains it for a fee and then transfers it for a fee. 4. A large part of the Golden Quadrilateral, the countrys largest expressway project, is operated on a fixed annuity payment to contractors on BOT model. Response: Goals, values and lessons Attitude, values and skills Standards, skills and resource Attitude, value and standards Score of NA (skipped) Question: PSNext's rich graphical interface is ________ in nature. Response: Simple words Jargons and connotations Precise Clear words Score of NA (skipped) Question: Tasks that are scheduled to various resources is commonly referred as____________________. Response: Communication skills Specific

Uniform Appropriate

Unit 07-1 Mark Quiz Questions

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Score of NA (skipped) Question: HRIS helps to integrate: 1. Performance 2. Development 3. Payroll 4. Operating system Response: Rules Decisions Guideline s Strategie s Score of NA (skipped) Question: State whether the statement is True or False 1. Setting up of project management, project business is conceptualised and is referred as Project portfolio management. 2. Setting up of project management, project business is conceptualised and is referred as Business administration. Response: Resources Policies

Stakeholder s Shareholder s Score of NA

(skipped) Question: State whether the statement is True or False The advantage of web application are: 1. In webbased approach, only a single user can access the application. 2. In web-based approach, project information is not available when user or server goes offline. Response: Top level management Strategy planning staff Board of directors Policy decision makers Score of NA (skipped) Question: ____________ is a software developed by ______________ ,has an interactive Gantt chart that is normally available only in higher-end suites. Response: Framing and monitoring

Analysing and implementing Reviewing and monitoring Analysing and framing Score of NA (skipped) Question: ____________ approach in project management software gives the most responsive and graphically-intense style of interface Response: Resources Shareholders Objectives

Managerial actions Score of NA (skipped) Question: In ____ approach, solutions offered allows users to go offline with a copy of data and responds slower than ____. Response: Drafting policy based on factors discussed in meetings. Analysing factors. Gathering information. Planning the procedure to draft policy.

Unit 07-2 Mark Quiz Questions

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Score of NA (skipped) Question: PSNext has these functional areas: 1. Project portfolio management, tracking time 2. Projects and Resources planning 3. Tracking time 4. Dash board and reporting Response: 1T, 2T 1T, 2F

1F, 2T 1F, 2F Score of NA (skipped) Question: The advantages of web based approach in project management software include: 1. Centralised database repository 2. Easy access control 3. Responds slower than desktops. 4. Without

installing software on user's computer, the web application can be accessed from any type of computer. Response: 1T, 2T 1F, 2T 1F, 2F 1T, 2F Score of NA (skipped) Question: A __________ can be as simple as a single equation or as complex as an ____________of many equations and functions. Response: Machinery and training

Design and implementation Analysis and design Machinery and implementation Score of NA (skipped) Question: A ____________ is a collection of cost estimating relationships. Response: It is the process of identifying and analysing the defined objectives of the organisation. It is the process of creating space for understanding the need for policy change. It is the process of detailed description of what the company is and assessing its sphere of operations. It is the process of applying the drafted policies in situations that are in compliance between the organisation and the employees.

Unit 08-1 Mark Quiz Questions

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Score of NA (skipped) Question: State Whether True or False 1. Top- Down Approach is less time consuming. 2. The implementation cost is likely to be higher in Bottom-Up Approach. Response: Facilitate Integrate Validate

Analyses Score of NA (skipped) Question: The system is used to measure and/or estimate the cost associated with the development, manufacture, or modification of a specified end item. Which is the system referred here? Response: Sensitive

Important Confidential Political Score of NA (skipped) Question: Match the following sets Response: Reputational

Financial

Loss of privacy Loss of integrity Score of NA (skipped) Question: ________ serves as a standard to evaluate the actual performance of a company. Response: Contingency Planning Business Continuity Planning

Business Continuity Management Business Continuity Policy Score of NA (skipped) Question: State whether true or False 1. F statistic should have a value greater than 4.0 or 5.0 to indicate that we have selected a good cost driver for the cost model and that the form of the equation is acceptable. 2. The t statistic can be used to check the validity of adding a particular cost driver variable. Response: Research Review

Analysis Identification Score of NA (skipped) Question: The system can also be designed to estimate items as small as modules or components, or as large as subsystems, systems, total programs, or large development activities. What is the system referred to? Response:

Informational Operational

Fundamental Documental

Unit 08-2 Mark Quiz Questions

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Score of NA (skipped) Question: Post accommodation and divestment plan phase of project development includes _______. Response: Commercially, intellectual property

Sensitive, intellectual property Personal, information Relocating, intellectual property Score of NA (skipped) Question: The third stage in the project life cycle is _______. Response: BIA enhances process optimisation program which results in expenditure reduction in BCP. The BCP program is unable to address Backlog Trap problem. The BCP complicates the recovery program

BCP program is unable to identify the mission critical activities of an organisation. Score of NA (skipped) Question: Match the following sets Response: The cost of implementing and testing a BCP program is low. The whole BCP program is less time consuming. Less time is required to set up facilities. Relocating and accommodating recovery team members lead to logistical difficulties. Score of NA (skipped) Question: Match the following sets Response: Confidentiality, availability Integrity, loyalty Planning, availability Vulnerability, integrity

Unit 09-1 Mark Quiz Questions

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Score of NA (skipped) Question: ? = Earned Value - Actual CostThe above formula is used to calculate: Response: Certification

Documentatio n Consultation Financing Score of NA (skipped) Question: State whether the statement is True or False. 1. The organisation has to prepare cost control techniques for various phases of project development to make the project successful. 2. The important part of proposal preparation process is the preparation of an accurate budget. Response: Quarterly Business Long-term

Profitable Score of NA (skipped) Question: Which of the following are true about inflation? 1. If rate of inflation decreases below the predicted level during the project, then the original cost estimate will exceed. 2. It will result in lack of control over time and cost inputs. 3. Inflation increases the original estimates of construction costs. 4. It is the rate at which the overall general level of prices for goods and services in an economy is rising, and, subsequently, purchasing power is falling. Response: Cerification Accrediatio n Subsidiaries

Strategies Score of NA (skipped) Question: Match the following set:

Response: Empirical document Factual statement Internal document

Legal document Score of NA (skipped) Question: _______ refers to the worth of work that should be completed by a specific time in the project schedule. Response: Diversifie s Assists Assures Inhibits Score of NA (skipped) Question: The operational phase of project development includes which of the following steps: 1. Determining sufficient allocated resources. 2. Virtual linking of project service to the system. 3. Evaluating the technical resources of the project. Response: Team Customer

Management Competitor

Unit 09-2 Mark Quiz Questions

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Score of NA (skipped) Question: Identify the correct sequence of steps undertaken in the definition phase of project development. Response: Internal transformation, financial restructuring Distribution problems, faulty time management Augmentation of strategic control, focused diversification strategy creation Franchising, strategic alliances Score of NA (skipped) Question: Identify the correct choice with respect to ARR: Response: Qualifying the best target markets, Resolving the financial matters Defining the business vision, Testing the market strategy Understanding the customer, Making a list of goals Identifying all the target markets, Identifying the tools and strategies Score of NA (skipped) Question: Three Square Inc. is a well established infrastructure company. It now wants to enter into the software development field and explore the opportunities here in the name of Three Square Software Inc. and create a brand name for itself in the development of software's. Which of the following factors it has to consider in deciding the overall cost of the project. 1. Timescale 2. Features of site 3. New build or improvements 4. Project specifications Response: Consultation, warehousing

Supervision, human Standards, managerial Focus, Storage Score of NA (skipped) Question: Identify the correct choice with respect to Capital Investment. Response: A proper business venture helps in identifying the market strategy A proper business venture improves distribution channels by extending market positions. A proper business venture helps in resolving the financial matters. A proper business venture helps in understanding the customer.

Unit 10-1 Mark Quiz Questions

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Question Results
Score of NA (skipped) Question: Identify the correct sequence of statement with respect to Capital Investment. While making capital investment decisions it is required to ___________________. A. Define the objectives of the capital investment. B. Define an objective in decision making to maximise the value of the firm. C. Define an objective to maximise stockholder's wealth. D. Define an objective to minimise the stock price. Response: Manage Capitalis e Project

Analysis Score of NA (skipped) Question: The _________ often termed as the project _______ is critical in making an appropriate decision. Response: Budget Franchising

Outsourcing Performanc e Score of NA (skipped) Question: ________ fails to capture the project's new path of action to obtain the end result. Response: Private firm Planning Multi National Corporation Government firms Score of NA (skipped) Question: Identify correct statement. A. Dividends do not matter and dividend policy does not affect value if companies can issue stock. B. Dividends are bad, and increasing dividends will reduce value if dividends have a tax disadvantage. C. Dividends are good, and increasing dividends will increase value if dividends operate as a signal of present prospects. D. Dividends are good, and increasing dividends will increase value if dividends operate as a signal of future prospects. Response: Host country regulations Threats

Competency Regression Score of NA (skipped) Question: Identify the correct equation: Average Rate of Return (ARR) = Response: Global companies Organisations TNCs

Companies Score of NA (skipped) Question: Match the following aspects related with CPA. Response: Decoding Transmitting Interpreting Globalisatio n

Unit 10-2 Mark Quiz Questions

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Score of NA (skipped) Question: An offering memorandum is also known as a __________. Response:

The most important advantage of MNCs is the patented technical knowledge which enables them to compete internationally Large MNCs do not have access to advanced levels of technology which are either developed or acquired by the corporation The technologies of MNCs are not patented Technology cannot be in the areas of management, services or production Score of NA (skipped) Question: Project evaluation is a _____________ process of collecting, recording and organising about project results. Response: Globalisation is the process of integration of the world community into a common economical or social system The first phase of globalisation is not to integrate the population of the world economically The disadvantage of globalisation is to reduce the geographical inequalities by distributing jobs and business opportunities all over the world The market equilibrium between under developing and developed countries is not obtained by currency exchange Score of NA (skipped) Question: Match the following aspects related with CPA. Response: Schedule and budget Create jobs and Technology Cost and values Organisation and goals Score of NA (skipped) Question: ________ and _________ are the two most commonly used flexibility valuation tools. Response:

Unstable, tend to change Hard working, stable Flexible, uncertain Stable and unchanged