MBA MCQ

Marketing Strategy- Question & Answers

A Multi Product Company is planning to design its SBU structure, what suggestions would you give them? What are the characteristics features of a SBU? When designing a Strategic Business Unit (SBU) structure for a multi-product company, several considerations should be taken into account to ensure efficiency, clarity of focus, and effective management. Here are …

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Economics – Question & Answer

Define the term “Elasticity of demand.” Discuss different types of elasticity of demand. Also, explain why this concept should be of interest to anyone in business who has a choice to determine the price at which to sell their products. The Elasticity of Demand: Understanding Price Sensitivity in Business Introduction: Elasticity of demand is a …

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Economics- Question & Answer

“The root of the economic problem is the scarcity of resources while our wants are infinite”. Elaborate the given statement explaining the three types of economic problems faced by an economy in achieving in production and distribution. The Scarcity of Resources and Infinite Wants: Unraveling Economic Problems The statement “The root of the economic problem …

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Big data use in marketing and advertising| MCQs with Solutions for MBA students

Van Heusen is an apparel manufacturer, which also has a big network of retail centers in India. They decided to purchase databases from authentic secondary sources of apparel customers and integrate it to their existing database of customers, for a proposed online social media marketing activity. To ensure non-repetitive messages to the same customer and …

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Probability Solved Sums

There are 15 boys and 10 girls in the class. If three students are selected at random, what is the probability that 1 girl and 2 boys are selected? A. 1/40 B. 1/ 2 C. 21/46 D. 7/ 41 E. None of these The correct option is: C Solution: Total number of ways of selecting …

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Big Data, Cloud, and Analytics | MCQs with Solutions for MBA students 2

Mr. Saketh, a data scientist, received a data of his client Giridhar Enterprises which manufactures various engineering tools such as nuts, bolts, screws etc. Saketh arranged the data of the product sales based on the product category, customer list and time in months and years using Business Intelligence programming and submitted to his client in …

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Big Data Overview | MCQs with Solutions for MBA students 1

Researchers at the University of Texas at Austin are using information technology platforms to refine the art of cancer treatment by scanning petabytes of data for correlations between a cancer patient’s genome and the composition of their tumors. For processing such huge data faster, the computing platform used by the research ensures the processing is …

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Statistics for Business Decisions 2022

2022BUSINESS ADMINISTRATION- HONOURS : CALCUTTA UNIVERSITY Paper BBA-A202-C-3(Statistics for Business Decisions)Full Marks : 80 The mean, median, and standard deviation of a distribution are 45, 42, and 18 respectively, to find the skewness of the distribution. The formula for Pearson’s coefficient of skewness, which is a measure of the asymmetry of a distribution. A positive skew …

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Employee Relations MCQ No -1

Who created the Social Action Approach? Answer: The Social Action Approach was not created by any of the individuals mentioned in the options provided. The Social Action Approach is a theoretical framework within sociology that emphasizes the role of individuals and their actions in shaping society. It is associated with sociologists such as Max Weber, …

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