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BA1 Exam Dumps - Fundamentals of Business Economics

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Question # 49

Pills Pharmaceuticals has founded a new department which focuses on big data analysis. The organisation plans to perform this analysis using data collected by two subsidiaries, one based in London and the other in San Francisco.

Which of Gartner's 'Three Vs' is applicable to this scenario?

A.

Variety

B.

Volume

C.

Velocity

D.

Verification

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Question # 50

The share price of Quench Drinks has been steadily falling for several years despite steady sales and a slight market share increase over the last 5 years. They have been criticised for being full of sugar and not

capitalising on the health food trend.

Quench are starting to face pressure from their shareholders to push the share price back up.

Which of the following would be most likely to improve Quench's standing in the soft drinks market?

Select ALL that apply.

A.

Release a new protein shake, QuenchFit

B.

Publishing an advert in a major magazine promoting QuenchFit and the benefits of healthy living

C.

Relocate the company to a country with less strict public health guidelines

D.

Continue as normal

E.

Appoint a new CEO

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Question # 51

Select the best definition of a regressive tax from the options below:

A.

A tax which rises proportionately with income

B.

A tax which rises more than proportionately with income

C.

A tax which rises less than proportionately with income

D.

A tax on expenditure

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Question # 52

Which ONE of the following is an External stakeholder in a state-owned energy provider?

A.

The industry regulator

B.

A firm selling equipment to the energy provider

C.

Customers of the energy provider

D.

The government

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Question # 53

A country is a net oil exporter and the demand for oil overseas is price inelastic. A substantial increase in the world price of oil would tend to

A.

Improve the country's balance of payments on current account

B.

Improve the price competitiveness of manufacturing firms in the country

C.

Cause the country's terms of trade to deteriorate

D.

Increase GDP but not GNP in the country

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Question # 54

Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?

A.

It is a private sector organization

B.

It pursues social goals

C.

It is a not-for-profit organization

D.

It is responsible to its shareholders

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Question # 55

A business has fixed costs of $200. Its total variable costs at different levels of output are as follows:

The business can always sell its output at a price of $100 per unit

The profit maximizing level of output is

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Question # 56

All of the following will result from increased international mobility of factors of production except which one?

A.

A rise in world income and output.

B.

Decreased international factor price differentials.

C.

Increased financial flows on countries balance of payments capital accounts.

D.

Decreased international specialization in production.

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