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.Management Sciences
Category: Basic of Economics
What is called that executive who is brought in to turn a company around and make it profitable ?
A. Savior
B. Company doctor
C. Super manager
D. Manager doctor
Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?
A. Letter of intent
B. Letter of Credit
C. Letter of Expression
D. Papers of Landing
Commercial policy means_______________?
A. Policy about markets
B. Policy about money supply
C. Policy about imports and exports
D. Policy of controlling of prices of goods
An organization plans the use of its fund during a 12-month period. What is this period called ?
A. Fiscal period
B. Calendar year
C. Year unit
D. Fiscal year (FY)
What is referred by the Working capital ?
A. Assets of business that can be applied to its operation
B. Amount of current assets that exceeds current liabilities
C. Both of them
D. None of them
USA is the chief exporter of_________________?
A. Iron Ore
B. Wheat
C. Both of these
D. None of these
Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake
Devaluation of currency helps to promote ?
A. National income
B. Saving
C. Imports at lower cost
D. Exports
Goods that satisfy human wants though their direct use or consumption are called______________?
A. cash goods
B. consumer items
C. consumer goods
D. cash items
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