06/02/2023
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Please note: There are 25 questions out of which Q.No.21-25 are based on the Case Study.
Subject Code: GM03
Subject Name: BUSINESS STATISTICS
Component name: TERM END Assignment Start Date: 06/02/2023
Assignment End Date: 06/02/2023
Question 1:- Infant mortality rate in different states is best represented by:
a) histogram
b) bar graph
c) line chart
d) All the above
Question 2:- The industrial growth during the past decade is best represented by:
a) histogram
b) bar graph
c) line chart
d) All the above
Question 3:- The depiction of data in the form of graphs and pictorial form is :
a) descriptive statistics
b) inferential statistics
c) both (a) and (b)
d) None of the above
Question 4:- The average growth rate of economy is measured using:
a) arithmetic mean
b) harmonic mean
c) geometric mean
d) All the above
Question 5:- The average age of employees in an organization is measured using:
a) arithmetic mean
b) harmonic mean
c) geometric mean
d) All the above
Question 6:- The variance for the following data is 5,7,9,11,13,15,________.
a) 14
b) 7
c) 3.741
d) 49
Question 7:- The variance for the following data is 7,9,11,13,15,17,______.
a) 14
b) 7
c) 3.741
d) 49
Question 8:- Median is best way of measuring central tendency when:
a) data is skewed to left
b) data is skewed to right
c) both (a) and (b)
d) data is symmetric
Question 9:- Describing data requires the knowledge of _________.
a) central tendency
b) dispersion of data
c) skewness
d) All the above
Question 10:- Kurtosis of a data gives us__________.
a) the middle value
b) the range of the data
c) level of symmetry
d) peakedness of data
Question 11:- A coin is tossed 10 times. What is the probability that 5 or more heads will appear?
a) 0.5
b) 0.623
c) 0.75
d) 0.363
Question 12:- A quality control inspector picks up 120 items from a box and the probability of defects is known to be 0.02. The number of defects is known to be binomially distributed. What is the expected number of defects that will be found?
a) 2.4
b) 4.8
c) 2.352
d) None of the above
Question 13:- A discrete variable is Poisson distributed with a mean of 4. What is the variance of this distribution ?
a) 2
b) 8
c) 4
d) None of the above
Question 14:- If a binomial distribution with n trials and probability of success is 0.5 then the distribution will be :
a) symmetric
b) left skewed
c) right skewed
d) cannot say
Question 15:- A normal distribution is one where the distribution is_____.
a) symmetric
b) skewness is zero
c) kurtosis =3
d) All the above
Question 16:- The area under a normal distribution with one standard deviation away on both sides of the mean is:
a) 0.5
b) 0.68
c) 0.95
d) 0.975
Question 17:- The mean and standard deviation of a standard normal distribution is always ________.
a) mean=0, sd=1
b) mean=1, sd=0
c) mean=1, sd =1
d) mean=0 , sd =0
Question 18:- If one large sample is drawn from a population which is normal then the sample chosen will exhibit?
a) normal distribution
b) skewed distribution
c) exponential distribution
d) cannot say
Question 19:- If all possible samples are drawn from a population and if the sample size is large then the distribution of the sample mean will be:
a) normal distribution
b) skewed distribution
c) exponential distribution
d) cannot say
Question 20:- An F-Distribution is __________.
a) continuous distribution
b) skewed distribution
c) F value starts from 0 to goes upto infinity
d) All the above
Case Study
The production manager of a firm which manufactures stamping of different sizes was concerned that there were variations in the size of hole that was being manufactured. He felt that vibrations in the machine is leading to such distortions. In order to check whether his machine is working properly he decided to run the machine and produce some pieces and take a sample to check the size of the hole that was being made. He had fixed the size of the hole to be 80mm in size. From a batch of production he selected 100 pieces at random and measured the size of the hole and found it to be on an average 80.7mm. He estimated that the standard deviation to be 0.88mm. It was clear that the production would not be acceptable if the size of the hole was either smaller or even bigger. He therefore hired a statistician to tell him if the production is OK for his specification based on the sample generated. The level of significance was decided to be 5%.
Question 21:- Based on the above case the type of test would be________.
a) single tail
b) two tail
c) neither single or two tail
d) cannot say
Question 22:- The test statistic that would be used by the statistician:
a) Z test
b) t- test
c) F-test
d) Chi-square test
Question 23:- Standard error calculated for the above sample will be:
a) 0.88
b) 0.0088
c) 0.088
d) 8.8
Question 24:- The critical value for the test statistic would be:
a) 1.64
b) 1.28
c) 1.96
d) 2.58
Question 25:- The level of significance indicates:
a) error of rejecting the true null hypothesis
b) error of accepting a true null hypothesis
c) no error at all
d) None of the above
09/07/2020
AIMA EXAM Material Available
For Solutions Call or What's app at 9911899400
Following Codes are Available
FM02 FM05 FM11 FM12
GM03 GM04 GM06 GM07 GM11 GM12 GM13 GM14
HR01 HR04
IB06
IS01
09/07/2020
AIMA Online Exam 2020
For Solutions call at 9911899400 (What's App)
IS01 INTRODUCTION TO INFORMATION TECHNOLOGY
Subject Code: IS01
Subject Name: INTRODUCTION TO INFORMATION TECHNOLOGY
Component name: TERM END Assignment Start Date: 01/07/2020
Assignment End Date: 10/07/2020
Question 1:- The Compund Annual Growth Rate (CAGR) for the Indian Software Industries revenue 1995-2000 was
a) 57.30%
b) 57.60%
c) 56.30%
d) 56.60%
Question 2:- The Term BX, CX, DX are related to which register
a) DR
b) PC
c) TR
d) SP
Question 3:- CISC machine uses
a) Microprogramming
b) Microunits
c) Multiprogramming
d) All of the above
Question 4:- Graphic Tablet is also called as
a) Plotter
b) Digital Plate
c) Digitizer
d) None
Question 5:- All of the parts in a computer communicate to each other by sending
a) Digital Signal
b) Analog Signal
c) Smoothly varying signal waves
d) Both B and C
Question 6:- A device that converts digital signals into analog signals and vise versa is
a) A Packet
b) A Modem
c) An Emuletor
d) None
Question 7:- What is ASCII
a) A Code
b) A Language
c) A Software
d) A Business Function
Question 8:- The term IT can be used for………… information
a) Transmitting
b) Storing
c) Disseminating
d) All of the above
Question 9:- The GIS stands for
a) Global Information System
b) General Information System
c) Both
d) None
Question 10:- Which component is based upon Internal Flip-Flop
a) Dynamic RAM
b) Static RAM
c) Both
d) None
Question 11:- The protocol SMTP is associated with
a) Physial layer
b) Data Link Layer
c) Application Layer
d) Session Layer
Question 12:- Which of the following is not an IS
a) PPS
b) TPS
c) ECS
d) EIS
Question 13:- DFD is a part of
a) Design phase
b) Analysis phase
c) Both
d) None
Question 14:- An integrated user-machine system for providing information to support operations, management and decision making is
a) DSS
b) MIS
c) ESS
d) TPS
Question 15:- The strategic Information is basically meant for
a) Executives
b) CEO`s
c) Managers
d) All of the above
Question 16:- The four key logical functions of the supply chain includes transportation, wearhousing and material handling, order processing and
a) Communication between buyer and seller
b) Inventory Management
c) Effective Problem handling
d) None
Question 17:- The Decision Support System comes under
a) Operational Support System
b) Management Support System
c) Both A and B
d) None
Question 18:- The capacity of the network channel is called
a) Speed
b) Bandwidth
c) Both
d) None
Question 19:- The organised process or set of steps that needs to be followed to develop an information system is known as
a) Analytical Cycle
b) Design Cycle
c) Program Specification
d) None
Question 20:- "CSF" analysis ensures that the need of both the user and the enterprise are met
a) true
b) false
Case Study
You have been appointed as an Information Officer for a multinational company which deals with high class products and cater the needs of individuals as well as suppliers. . The company wants to open an E-Commerce portal for the online business. He has been asked to assess the company`s IT requirements and suggest the ideas accordingly.
Question 21:- To initiate the process you will
a) Hire an Expert
b) Initially study the scenatio
c) Immediately hire a e-commerce portal development Vendor
d) All of the Above
Question 22:- While getting the portal developed what would be your priority
a) Portal Design
b) Product Listing
c) Payment Integration
d) User friendly interface
Question 23:- What do you think company intendes to adopt which e-commerce model
a) B2B
b) B2C
c) Both
d) None
Question 24:- Which technology you think is relevant with regard to e-commerce portal
a) Firewall
b) SSL
c) Both
d) None
Question 25:- E-Commerce is nothing but the idea of onlie transaction
a) true
b) false
09/07/2020
AIMA Online Exam 2020
For Solutions call at 9911899400 (What's App)
IB06 INTERNATIONAL Business
Subject Code: IB06
Subject Name: INTERNATIONAL BUSINESS
Component name: TERM END Assignment Start Date: 01/07/2020
Assignment End Date: 10/07/2020
Question 1:- The ability of a nation to produce the goods more efficiently and cost effectively than any other country is known as Absolute Advantage.
a) TRUE
b) FALSE
Question 2:- Which of the following factors lead to demand of foreign exchange?
a) Import of goods and services
b) Investment in foreign countries
c) Payments involved in international transactions
d) All of the above
Question 3:- Which of the following are advantages of flexible exchange rate system?
a) Adjustment of exchange rate is continuous process
b) Permits existence of free trade and convertible currencies on continuous basis
c) Both A and B
d) None of these
Question 4:- Which of the following statement does not hold true about trade policy of India?
a) EXIM policies are drafted to streamline the trade procedures
b) EXIM policies are drafted to liberalized import regime
c) EXIM policies have thrust on export orientation
d) EXIM policies are drafted by Ministry of Finance
Question 5:- ……………………... is an international, multilateral organization, which sets the rules for the global trading system & resolves disputes between its member states.
a) ITO
b) WTO
c) GATT
d) NEFTA
Question 6:- All those business activities that involve cross-border transactions of goods, services, resources between two or more nations is categorized a
a) Inter state trade
b) Domestic trade
c) International business
d) Internal trade
Question 7:- Reasons for growth of international business in recent years is-
a) Technological Development
b) Integration of economies
c) Both A and B
d) None of these
Question 8:- ………………………act helps to facilitate external trade and payment.
a) FEMA
b) IDRA
c) Consumer Protection Act
d) None of these
Question 9:- Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs.
a) TRUE
b) FALSE
Question 10:- Policy that restricts international trade is known as ___________.
a) Export enhancement
b) Export promotion
c) Import Barrier
d) None of these
Question 11:- What are the major forces of Macro environment?
a) Demographic environment
b) Political-legal environment
c) Economic environment
d) All of the above
Question 12:- ___________ refers to the explicit limit to the amount of product that can be exported or imported during specified time period.
a) Quota restriction
b) Tariff barrier
c) Non-tariff barrier
d) None of these
Question 13:- ___________ agreement provides protection to the holder of intellectual property right which can be claimed by an individual, company or even people of geographical region.
a) TBT
b) TRIPS
c) TRIMS
d) AOA
Question 14:- ___________ is FDI in the same industry abroad as a firm operates at home.
a) Horizontal FDI
b) Vertical FDI
c) Partial FDI
d) Impartial FDI
Question 15:- Which of the following document is a document of title of goods?
a) Bill of lading
b) Shipping Bill
c) Bill of exchange
d) Commercial invoice
Question 16:- An acronym for International Commercial Terms is Incoterms.
a) TRUE
b) FALSE
Question 17:- Which of the following statement is not correct?
a) FDI leads to high standard of quality
b) FDI gives global recognition
c) FDI increased employment and economic growth
d) FDI leads to competitive pricing
Question 18:- The product and business strategies of a foreign firms should be developed in reference to ______________________conditions of the host country.
a) Microeconomic
b) Domestic
c) Macroeconomic
d) None of these
Question 19:- Which of the following features act as a strength of an organization while dealing in international business?
a) Poor marketing skills
b) Cost advantage
c) Internal operating problems
d) Obsolete facilities
Question 20:- Which of the following are the three pillars under Agreement on Agriculture (AOA) ?
a) Market access
b) Export subsidy
c) Domestic support
d) All of the above
Case Study
It is now also clear that many economies are going to shrink — developed countries as well as many in the Asia Pacific region that are highly dependent on tourism and commodities trading will also shrink. Commodity prices are at their lowest in the last 10 years. The process of globalisation was already in retreat and last year, the term ‘slowbalisation’ was being used. World trade had never really recovered since the global financial crisis — from a 10% growth, it had been hovering around 1%-2%. Add to that the trade wars and the WTO talks process coming to a grinding halt. Now, with this pandemic, there is another recognition of the vulnerability that global economic interdependence creates. So some countries are facing difficulties in getting medical supplies, some find their manufacturing can’t run as value chains are linked with China. Countries will reconfigure their economies to look at import substitution with a greater clarity now, as the perils and pitfalls of overdependence on foreign supplies become clear. Import substitution, that had become a bad word, may be back in currency.
Question 21:- What do you mean by globalization? Select the appropriate answer.
a) Making the country self-independent
b) Integration of the world economies
c) Relying on import substitution
d) None of these
Question 22:- How would COVID 19 effect the globalization?
a) Redrawing of geographical boundaries.
b) Global integration of trade and finance would suffer.
c) Many economies are going to shrink.
d) All of the above
Question 23:- Developed countries as well as many in the Asia Pacific region that are highly dependent on tourism and commodities trading will face drastic hit due to COVID 19.
a) TRUE
b) FALSE
Question 24:- How can countries come out of this crisis due to COVID 19?
a) By import substitution
b) By reworking on their value chain or supply chain
c) Both a and b
d) None of these
Question 25:- Why was term ‘slowbalisation’ used for Globalization last year?
a) Since the definition of globalization had changed
b) There was slowdown in the international trade
c) It was an error which was later reported by WTO
d) None of these
09/07/2020
AIMA Online Exam 2020
For Solutions call at 9911899400 (What's App)
HR04 TRAINING & DEVELOPMENT
Subject Code: HR04
Subject Name: TRAINING & DEVELOPMENT
Component name: Term end
Assignment Start Date: 01/07/2020
Assignment End Date: 10/07/2020
Question 1:- What is the difference between training and development?
a) Training is more long term and development is more short term
b) Development is more closely tied to selection than training
c) The lower the entry skill levels, the less development you will need
d) Training usually addresses current needs while development addresses future needs
Question 2:- Which of the following statements about training and development is true?
a) Active participation by all stakeholders is not required.
b) The support of top management is all that is needed to guarantee a successful training and development program.
c) All employees should be actively involved in designing and delivering training systems.
d) None of the statements about training and development is true.
Question 3:- When the objective of training is to improve job performance, that training:
a) should require active participation by all stakeholders
b) should be designed using job analysis information about what is required to do the work
c) should be aligned with the selection criteria used when hiring people into higher-level positions
d) must be focused on past performance factors
Question 4:- Short-term effects of the effectiveness of training and development include all of the following except:
a) changes in attitudes and feelings of line managers and their employees
b) changes in organizational culture
c) changes in work behaviours
d) HR Professionals seen as contributing to strategic business issues
Question 5:- All of the following are primary components of a training needs analysis except:
a) Culture
b) Job
c) Organization
d) Person
Question 6:- Research shows that a supportive training climate at an organization enhances transfer of training. Which of the following is an indicator of a supportive climate?
a) Employees compete for training opportunities
b) No overtime on training nights for the employees enrolled
c) Training is held off site
d) Employees encourage each other to practice newly learned skills
Question 7:- Without a(n) _____, an organization has no assurance that the right training will be provided to the right trainee.
a) human resource analysis
b) organizational appraisal
c) training control system
d) needs assessment
Question 8:- A properly executed organizational needs analysis:
a) results in a clear statement of training goals
b) includes an assessment of the organizational climate
c) identifies available resources and constraints
d) is accurately described by all the given choices (A, B and C)
Question 9:- A job-needs analysis:
a) examines the ethics of each employee in the organization
b) uses information gathered from job analysis and competency modelling
c) includes an assessment of how each employee adds to the organizational culture
d) should be performed after a person-needs analysis
Question 10:- A person-needs analysis:
a) is performed before a job-needs analysis
b) is derived from job analysis and competency modelling
c) identifies gaps between a person`s current capabilities and those identified as necessary for a particular job
d) is derived from job analysis
Question 11:- Who would be most likely to provide the initial organizational orientation to a new sales employee in a large insurance company?
a) the insurance sales manager
b) a member of the company`s human resources department
c) the new employee with the aid of self-paced instructional materials
d) All of the above
Question 12:- In many organizations, on-the-job training is the only form of training offered. In these circumstances, _____ almost always are the providers of whatever training employees receive.
a) Supervisors
b) Co-workers
c) Employees
d) None of the above
Question 13:- During the recent management workshop Martin attended, he practiced learning how to talk to his co-workers, how to listen to what they are saying, and how to read their nonverbal communication. This workshop was designed to produce:
a) cognitive knowledge
b) improved interpersonal skills
c) a more versatile skills inventory
d) more intelligent employees
Question 14:- Which of the following is a type of on-the-job training?
a) internships
b) role playing
c) interactive video training
d) programmed instruction
Question 15:- Off-the-job training:
a) is inappropriate when the employees are expected to master complex competencies
b) is usually more appropriate to conduct when the consequence of error is high.
c) creates learning that is easily transferred back to the job
d) is inappropriate when the employer wants affective outcomes
Question 16:- Which of the following learning formats present situations that approximate actual job conditions and allow trainees to practice how to behave in those situations?
a) video teleconference
b) e-learning
c) simulation
d) sensitivity training
Question 17:- To set the stage for learning, a trainer or manager needs to:
a) consider the beliefs of trainees regarding their personal task-specific competencies
b) provide clear instructions
c) provide a visual demonstration for the trainee of the desired behaviour
d) All of the above
Question 18:- The four phases of a systems approach to training are:
a) needs assessment, program design, program implementation, and evaluation.
b) organization analysis, task analysis, person analysis, and performance analysis.
c) needs assessment, person assessment, program implementation, and evaluation.
d) organization assessment, KSA assessment, person assessment, and evaluation.
Question 19:- If you were responsible for developing a training program, your first step should be to:
a) create a suitable training environment.
b) select the proper training method.
c) determine the knowledge in the group.
d) performing a needs assessment.
Question 20:- All of the following are characteristics of successful trainers except:
a) possessing knowledge of the subject.
b) being experimental.
c) having enthusiasm.
d) being adaptable.
Case Study
“Training Employees in a Small Business”
Small businesses need workers who can perform their tasks and satisfy customers. Some workers, however, have some areas of deficit. For example, one worker might have difficulty with technical aspects of a job, such as measuring and estimating costs for customers. Other employees might have great quantitative skills and have no problem with this technical aspect of the job. However, some of these employees may have inadequate interpersonal skills and have difficulty interacting with customers and making sales.
Question 21:- The first step in training needs assessment in a small business is:
a) task analysis
b) organization analysis
c) person analysis
d) market analysis
Question 22:- An analysis of the sets of skills and knowledge needed for decision-oriented and knowledge-intensive jobs in a small business is referred to as:
a) task analysis
b) needs assessment
c) competency assessment
d) job analysis
Question 23:- Training programs are more likely to be effective in a small business organization if they incorporate all of the following except:
a) goal setting.
b) modelling.
c) standardization.
d) active practice.
Question 24:- In small organizations, employees mostly learn by watching others perform a task, this is known as:
a) modelling
b) active repetition
c) reinforcing behaviour
d) individual style difference
Question 25:- Which of the following methods of training is likely to be most effective for training non-managerial employees in a small business:
a) vestibule training
b) computer-based instruction
c) on-the-job training
d) apprenticeships