MBA MCQ

Ethical and Social Implications of AI : MCQ’s & Solutions

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What is “algorithmic bias” in the context of AI systems?a) The intentional design of algorithms to favor a particular groupb) Systematic errors that lead to unfair treatment of certain groups due to skewed training data or flawed algorithmsc) Bias introduced by human errors during system deploymentd) Variability in algorithm performance across different environments Answer: b) …

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Applications of AI : MCQ’s

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AI in HealthcareHow does AI enhance diagnostic accuracy in medical imaging?a) By manually reviewing all imagesb) By using traditional statistical models for analysisc) By employing convolutional neural networks (CNNs) to detect patterns and anomaliesd) By increasing the resolution of images manually Answer: c) By employing convolutional neural networks (CNNs) to detect patterns and anomalies Which …

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Marketing Strategy- Question & Answers

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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

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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

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“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

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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

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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

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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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