What is called the rules of laws which governs the internal affairs of an organization ?

Related Mcqs:

1. An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

   A. European Currency System (ECS)
   B. European Monetary Mechanism (EMM)
   C. Common Monetary System (CMS)
   D. European Monetary Fund (EMF)

2. Rules and Particles that govern the management of an organization are called ?

   A. Internal laws
   B. By laws
   C. Character
   D. Memorandum of articles

3. Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

   A. Free market economy
   B. Laissez faire also Laisser faire
   C. Open market economy
   D. Liberal market economy

4. Term the rules and particles that govern the management of an organization ?

   A. Internal laws
   B. By laws
   C. Character
   D. Memorandum of articles

5. The organization that currently establishes rules of conduct for firms engaging in international trade is the ?

   A. World Bank
   B. International Trade Commission
   C. Department of justice
   D. World Trade Organization

6. Name the organization in which people are associated together for a common purpose under a common name. This organization is recognized and created by law ?

   A. Company
   B. Corporation
   C. Cooperative
   D. Limited Company

7. 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)

8. Laws that make it illegal for firms to conspire to raise prices or reduce production are known as ?

   A. antimonopoly laws
   B. all of these answers
   C. anti-collusion laws
   D. pro-competition laws
   E. antitrust laws

9. The purpose of antitrust (also known as competition) laws is to ?

   A. Increase competition in an industry by preventing mergers and breaking up large firms.
   B. regulate the prices charged by a monopoly
   C. increase merger activity to help generate synergies that reduce costs and raise efficiency.
   D. create public ownership of natural monopolies
   E. all of these answers

10. Antimonopoly laws are based on the proposition that ?

    A. increasing market power is the best way to achieve efficiency.
    B. competition is the best way to achieve efficiency.
    C. public ownership is the best way to achieve efficiency
    D. regulation is the best way to achieve efficiency.