Business and Management: Second-Round Sample Tasks
Business and Management: Second-Round Sample Tasks
Business and Management: Second-Round Sample Tasks
Entry 2) A production manager is organising the production of a correct answer - 3 points а) 500
new modification of machine building equipment. The costs 3 points;
for maintenance of production facilities, land rent, wrong answer -
depreciation of equipment, and management costs are 0 points
planned at $5,000,000 per year. The costs for production,
labor costs, raw materials and components, electricity are
estimated at an average of $10,000 per unit. The price is
planned at 20 thousand dollars. Calculate what minimum
production level will allow the manager to avoid losses from
the new production.
a) 500
b) 800
c) 250
d) 166,6
e) 2500
Entry 3) A pricing strategy that involves setting prices lower than correct answer - 3 points 2. Market
what a product of a given economic value deserves and 3 points; Penetration
profiting from increased sales and captured market share: wrong answer - Strategy
a) Skimming strategy 0 points
b) Market Penetration Strategy
c) Fixed costs strategy
d) Discrimination strategy
e) Priority pricing strategy
Entry 5) The evaluation of preferred shares is based on: correct answer - 3 points d) The principle
a) The principle of economic feasibility 3 points; of the indefinite
b) The impact of the dividend policy on the book wrong answer - existence of an
value 0 points economic entity
c) The determination of the term of dividend
payment
d) The principle of the indefinite existence of an
economic entity
e) The principle of self-sufficiency
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DEMO VERSION OF THE SECOND ROUND TASKS
Entry 6) An indicator that assesses the degree of sensitivity of correct answer - 3 points d) Production
profit before interest and taxes (gross income) of an 3 points; leverage
organization to changes in production volume is: wrong answer -
a) Financial leverage 0 points
b) Income-costs indicator
c) Profitability of production activities
d) Production leverage
e) Breakeven point
Entry 7) Which principles of organization are classified by the correct answer - 3 points a) Individual
method of implementation: 3 points; or
a) Individual or collective actions wrong answer - collective
b) Customary 0 points actions
c) Universal
d) General
e) Scientific
Entry 8) State one of the main disadvantages of the functional correct answer - 3 points a) Isolation of
organizational structure 3 points; departments
a) Isolation of departments wrong answer -
b) High demands on the qualifications of managers 0 points
c) Difficulty in separating overhead and calculating costs
d) complicated, and expensive implementation and
operation
e) double reporting system
Entry 9) Which of Porter's basic strategies describes a company’s correct answer - 3 points c). Cost Focus
development in a specific market segment with the desire 3 points; strategy
for leadership in a niche: wrong answer -
a) Cost Leadership strategy 0 points
b) Differentiation strategy
c) Cost Focus strategy
d) Differentiation focus strategy
e) Follower strategy
Entry 10) Company A. has set a goal of increasing sales by 25- correct answer - 3 points d. The goal is
30%. What does this goal lack according to the quality 3 points; not time-bound
criteria of SMART goals? wrong answer -
a) The goal is unspecific 0 points
b) The goal is unambitious
c) The goal is not flexible
d) The goal is not time-bound
e) The goal is immeasurable
Intermediate 11) Planning as a managerial function is about (choose 2 selection of all 5 points а) defining goals
answers): correct answers for future
a) defining goals for future organizational - 5 points; organizational
performance partial choice of performance
b) grouping tasks into departments correct answers c) deciding on
c) deciding on the tasks and resources needed to - 2 points; the tasks and
attain them wrong answers - resources needed
d) assigning tasks 0 points to attain them
e) allocating resources to departments
Intermediate 12) Company A. works with the countries of the Asia- selection of all 5 points a) The company
Pacific region, supplying them with food, clothes, shoes. correct answers has a divisional
The organizational structure involves the allocation of - 5 points; structure
units specializing in various product markets. Each Unit partial choice of d) This
has its own production, marketing, investment, financial correct answers organizational
and HR departments. Select all correct answers about the - 2 points; structure of the
organizational structure of this company: wrong answers - company allows
a) The company has a divisional structure 0 points for the economic
b) The company has a matrix structure autonomy of the
c) This organizational structure of the company divisions
allows it to optimize transports costs
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DEMO VERSION OF THE SECOND ROUND TASKS
Intermediate 13) The laws of organizational development include: selection of all 5 points c) The law of
a) The law of synergy correct answers social harmony
b) The law of composition and proportionality (harmony) - 5 points; d) The law of
c) The law of social harmony partial choice of the stability of
d) The law of the stability of information correct answers information
e) The law of differentiation and universalization of - 2 points;
functions wrong answers -
0 points
Intermediate 14) Marketers define different types of markets based on correct answer - 5 points С2С
the types of sellers and buyers. For example – B2B – 5 points;
business to business market, when a business unit sells wrong answer -
goods and/or services to other business units. Which type 0 points
of the market can be described in the following way: a
person sells his car to another person using a special online
platform?
Intermediate 15) Choose the management principles proposed by Fayol Selection of all 5 points а) assign each
from the list below (choose 3 answers): correct answers employee a task
a) assign each employee a task that they can become - 5 points; that they can
proficient at partial choice of become
b) be honest and trustworthy correct answers proficient at
c) employees should know where they stand in the - 2 points; c) employees
organization's hierarchy and who to speak to wrong answers - should know
within a chain of command 0 points where they stand
d) managers must possess the authority to give in the
orders, and recognize that with authority comes organization's
responsibility hierarchy and
e) by taking some downtime you can pace yourself who to speak to
and improve the productivity within a chain of
command
d) managers
must possess the
authority to give
orders, and
recognize that
with authority
comes
responsibility
Intermediate 16) In Greiner's theory of the organizational life cycle the selection of all 5 points с) growth
crisis of control characterizes the transition between two correct answers through
successive stages. What are these stages? - 5 points; delegation
a) growth through creativity partial choice of d) growth
b) growth through management correct answers through
c) growth through delegation - 2 points; coordination
d) growth through coordination wrong answers -
e) growth through collaboration 0 points
Intermediate 17) What type of strategy does the decision to grow the correct answer - 5 points Corporate
company through unrelated diversification belong to? 5 points; strategy
wrong answer -
0 points
Complex correct 35 points a.
The company is considering various options for the capital calculation in WACC1 =
structure presented in the table. The cost of borrowed point (a) - 15 0.4*(1-0.2)*9%
capital is given without considering tax deduction. The points, +0.6*15% =
income tax rate is 20%. incorrect 11.88%
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DEMO VERSION OF THE SECOND ROUND TASKS