Tag: public sector undertakings & global enterprises

Questions Related to public sector undertakings & global enterprises

The company which is incorporated outside India but has a place of business in India through its branches or agencies is known as _______.

organisation of commerce and management public sector undertakings & global enterprises departmental undertakings meaning and features of departmental undertaking government organisation classification of commercial organisations

  1. Indian Company

  2. Foreign Company

  3. Domestic Company

  4. Home Company

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Correct Option: B
Explanation:

Foreign company means any company or body corporate incorporated outside India which : Has a place of business in India whether by itself or through an agent, physically or through electronic mode and. Conducts any business activity in India in any other manner.

The liability of the member of the company is limited to the extent of the ________ of the shares held by them.

organisation of commerce and management public sector undertakings & global enterprises departmental undertakings meaning and features of departmental undertaking government organisation classification of commercial organisations

  1. Unpaid value

  2. Paid value

  3. Nominal value

  4. All of the above

Show answer
Correct Option: C
Explanation:

Also referred to as face value or par value, nominal value is the value shown on the face of a security certificate or instrument, including currency. The concept most commonly applies to stocks and bonds but is especially important to bond and preferred stock investors.Every share has a nominal (or par) value. It may be a £1 share or a 10p share, or whatever. The nominal value is usually expressed in sterling, but can be in any currency. A company may not issue any share at a discount, i.e. may not sell it for less than its nominal value: CA 2006, sec580.

Liability clause in MOA is required by __________________.

organisation of commerce and management public sector undertakings & global enterprises departmental undertakings meaning and features of departmental undertaking government organisation classification of commercial organisations

  1. Company Limited by shares

  2. Company Limited by guarantee

  3. Company Limited by both shares and guarantee

  4. All of the above

Show answer
Correct Option: D
Explanation:

Liability Clause. The fourth clause of MOA, the liability clause declares the liability of members of the company to be either limited or unlimited.However, in case of a limited company, the liability of directors or managers of a company may be unlimited, if specified in the memorandum.

Every alteration in the MOA will be made only in these clauses, either in all or any of these clauses. Therefore the situations under which the MOA needs to be altered are Change in the name of the Company. Change of registered office of the Company.

Which of the following statement is false?

organisation of commerce and management public sector undertakings & global enterprises departmental undertakings meaning and features of departmental undertaking government organisation classification of commercial organisations

  1. No legal formality is required to form a company

  2. The shareholders of a company have limited company

  3. A company can own property in its own name.

  4. A company is managed by the elected representatives of shareholders.

Show answer
Correct Option: A
Explanation:

Formality also means the conditions which must be observed in making contracts, and the words which the law gives to be used in order to render them valid. It also signifies the conditions which the law requires to make regular proceedings.

Global market leader is an organization which _________.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. has more than $50\%$ global market share.

  2. is recognized as being ahead of the rest in terms of market share

  3. is ahead of the competition in terms of global innovation

  4. has the monopoly over several foreign markets

Show answer
Correct Option: B
Explanation:

Global market leader is an organization which is recognized as being ahead of the rest of the organizations in the global market in terms of the market share of the organization.

Tick mark the correct answer.
M.B.O is a technique which requires that objectives of the enterprise.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. Be written and defined in broad terms

  2. Lay down the time period for achieving the results

  3. Induce a plan of action for achieving the desired results

  4. Be defined in terms of measurable results

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Correct Option: D

A Company which has gone global is called a _______.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. Multinational

  2. Transnational

  3. Either (A) or (B)

  4. None of these

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Correct Option: C
Explanation:

MNC has an international identity as belonging to a particular home country where they are headquartered. A transnational company is borderless, as it does not consider any particular country as its base, home or headquarters. Transnational corporations are a type of multinational corporations.

Out of the following _________ represents a company's effort to identify and categorize groups of customers and countries according to common characteristics.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. global targeting

  2. global marketing research

  3. global marketing segmentation

  4. global positioning.

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Correct Option: C
Explanation:

The global marketing segmentation represents a company's efforts to identify and categorize groups of customers and countries according to common characteristics.

If it is a global organization it means _______.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. creating both standardized and customized products

  2. creating standardized products for homogeneous markets

  3. customizing the product range for each segment in part

  4. none of the above

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Correct Option: A
Explanation:

A global organization is creating both type of products, i.e standardized product for a region that sell standardized products and also customized products for customers.

MNCs have played a huge role in the Indian economy in the past decade.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. True

  2. False

Show answer
Correct Option: A
Explanation:

In the last ten years MNC'S have played an important role in the Indian economy. They have become a common feature of most developing economies in the world.