Business Management Sample Questions (Multiple Choice Questions Sample)
Four Questions on BUSINESS MANAGEMENT
source..Question One
Among the competitors in the retail of Television (TV) sets are Supermarket, Best Buy, Costco and Walmart. Basing on my choice of a TV set, manufacturers have a challenge allocating overhead on the product. Despite this challenge, a TV requires attention during production and this may involve such activities as special testing, there will be special engineering and more than one machine setups. This is due to the fact that a TV is ordered in small quantities and hence there needs to be considerations for activity based costing when allocating overhead so that to respond to the growth diversity in both the TV sets and the customers’ demands in the twenty first century.
Question Two
My brother’s answer to my question on the likelihood of those who prepare personal finance budgets being in debt, and the reasons for his answer, was the biggest challenge to him this year, but he gave me gave a very detailed answer. He argued that they are very keen and that they would avoid the possibilities of being in debts, but since they may have little amounts of income, and more people depending on them, then the number of risks such as diseases may temper with their budgets resulting into unpaid debts. My neighbor thinks that it is even more difficult to prepare a personal finance budget when your earnings are very low hence many people just don’t. I agree with them for the dependency ratio is high and inflation is also high yet there are limited em