The smallest unit of ownership of a company is______________?

Related Mcqs:

1. In 1985, the Coca-cola Company made a classic marketing blunder with its deletion of its popular Coca-Cola product and introduction of what it called New Coke Analysts now believe that most of the company’s problems resulted from poor marketing research. As the public demanded their old Coke back the company relented and reintroduced Coca-Cola Classic (which has regained and surpassed its former position) while New Coke owns only 0.1 percent of the market Which of the following marketing research mistakes did Coca-Cola make ?

   A. They did not investigate pricing correctly and priced the product too high
   B. They did not investigate dealer reaction and had inadequate distribution
   C. They defined their marketing research problem too narrowly
   D. They failed to account for the Pepsi Challenge taste test in their marketing efforts

2. Public ownership of natural monopolies ?

   A. tends to be inefficient.
   B. usually lowers the cost of production dramatically.
   C. creates synergies between the newly acquired firm and other government-owned companies.
   D. does none of the things described in these answers

3. A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?

   A. demand
   B. basic staple
   C. product
   D. service

4. Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

   A. market socialism
   B. capitalism
   C. mixed economy
   D. monopoly

5. Between 1990 and 1999 car ownership per thousand of the population fell in ?

   A. Spain
   B. Belgium
   C. USA
   D. UK

6. The divorce of ownership and control tends to occur in ?

   A. sole proprietors
   B. partnerships
   C. public limited companies
   D. monopolies

7. An outside professional conducts an examination of company’s accounting records in order to determine whether the company is maintaining records according to the generally accepted accounting principles. What this examination is called ?

   A. Checking
   B. Audit
   C. Stock-taking
   D. Accounting

8. When a monopolist produces an additional unit, the marginal revenue generated by that unit must be ?

   A. below the price because the price effect outweighs the output effect
   B. above the price because the output effect outweighs the price effect
   C. above the price because the price effect outweighs the output effect
   D. below the price because the output effect outweighs the price effect

9. If GNP for Vatican City the smallest country in the world is 200 million euros in year 2011 and its population is 890 GNP per capita is_____________?

   A. 2000 – 890
   B. 200/890
   C. 200,000,000/890
   D. 200

10. A change in the relative prices of which of the following pair of goods would likely cause the smallest substitution effect ?

    A. right shoes and left shoes
    B. petrol from BP and petrol from shell
    C. kit-Kat chocolate snacks and Twix chocolate snacks
    D. coke and Pepsi