Question Bank 15

1)When average cost is at its minimum then---- Marginal cost is less than average cost
2)The term opportunity cost refers to -- Cost of one product in terms of production of others forgone
3)Monopolist can decide -- Price
4)The concept of task oriented and people oriented leadership was developed by--- Blake and Mouton
5)A broad statement of the purpose,duties and responsibilities of a job or position may be referred to as JOB DESCRIPTION
6)BARS stand for Behaviourally anchored rating scales
7)The wage which has to be paid by an employer to his workers irrespective of his ability is known as MINIMUM PAGE
8)Interest is paid on a deep discount bond --AT THE END OF LIFE OF BOND
9)Liberal credit policy may enhance the sales but will lead to INCREASE IN BAD DEBTS
10)Marketing myopia the tendency of firms is to take a -- NARROW VIEW OF THE MARKET
11)Green marketing principles relates to -- SOCIAL MARKETING ENVIRONMENT
12)In the law of variable proportions phase two indicates DIMINISHING RETURNS
13)The personality theory that emphasises the unconscious determinants of behaviour is known as -- PSYCHODYNAMIC THEORY
14)Grapevine is a INFORMAL COMMUNICATION
15)A wage period shall not exceed - ONE MONTH
16)If more than 30 women workers employed CRECHE facility should be provided
17)INTUC -- CONGRESS, AITUC--- CPI, CITU-- CPI(M), BMS-BJP
18)Skimming pricing implies HIGH PRICING
19)Impulse buying means -- BUYING WITH LITTLE OR NO ADVANCE PLANNING
20)The first commandment in marketing is KNOW THY CUSTOMER
21)A brand is a means of -- Identifying and differentiating the company's products
22)ABC analysis is based on 60/30/10 rule
23)Price elasticity of demand for luxury goods will be RELATIVELY ELASTIC
24)Functions directly contributing to organizations objectives is called as -- LINE FUNCTION
25)The process of establishing the value of jobs in a job hierarchy is called as JOB EVALUATION
26)The method of management development which prompts to develop awareness and sentiments to one's own and other's behavioral patterns is known as--SENSITIVITY TRAINING
27)Convertible bond is DEBT+WARRANT
28)In demand forecasting important method used in trend projection is -- Bax-Jenkin method
29)The use of pre designed set of questions used in an interview process leads to--STRUCTURED INTERVIEW
30)Monitoring employees through a preplanned series of position is called as JOB ROTATION
31)LAY OFF-Management is unable to provide employment due to non availability of work
32)The principal value of a bond is called as PAR VALUE
33)PERCEPTTION is process of selecting,organizing and interpreting or attaching meaning to events happening in the environment
34)Classical conditioning is associated with - REPITITION
35)THEORY Y assumes that employees like work, are creative and can exercise self direction
36)The horizontal expansion of jobs is called as JOB ENLARGEMENT
37)Positioning-The battle for the mind book is written by AlRice and Jack Trout
38)PERT stands for Project evaluation and review technique
39)Supply creates its own demand is known as SAYS LAW
40)Gang Plank means QUICK COMMUNICATION
41)Vroom's theory MOTIVATION= VALENCE X EXPECTANCY
42)360 degree appraisal feedback will be taken from all stake holders
43)Welfare officer has to be appointed if 1000 or more workers work in a factory
44)Studying and collecting information relating to a specific job --- JOB ANALYSIS
45)VOGEL'S APPROXIMATION METHOD is used to SOLVE THE TRANSPORTATION PROBLEM
46)ELTON MAYO proposed NEO CLASSICAL THEORY
47)CONDITIONAL LEARNING THEORY proposed by PEVLOV
48)HUMAN BEHAVIOR AT WORK book is written by KEITH DAVIS
49)Giving general information regarding organization to the newly appointed personnel is called as INDUCTION
50)Father of ESI ( employee state insurance ) in India is B.P.ADARKAR
51)Duality problem is related to LINEAR PROGRAMMING PROGRAM
52)Profit is maximized when MC = MR
53)ISO cost line is also called as PROFIT LINE
54)Shape of short run average cost curve is U Shape
55)OB is concerned with study of INDIVIDUALS, GROUPS AND ORGANIZATION SYSTEM
56)Emotional intelligence includes SELF AWARENESS, SELF MANAGEMENT AND SELF MOTIVATION
57)A systematic comparison done in order to determine the value of job is called as JOB EVALUATION
58)Operating function of HRM is INTEGRATION
59)EXIT INTERVIEW is conducted to know why employee is leaving the organization
60)F W TAYLOR introduced TIME AND MOTION STUDY
61)MONOPOLISTIC COMPETITIVE FIRM demand curve is highly though not perfect elastic
62)In MONOPOLY demand curve is PERFECTLY IN-ELASTIC
63)Market with one buyer and one seller is called as MONOPSONY
64)In case of GIFFEN GOODS price effect is NEGATIVE
65)TQM is continuous improvement of quality
66)HR CHAMPIONS Book is written by DAVE ULRICH
67)As per pecking order theory of capital structure INTERNAL EQUITY IS PREFERRED OVER EXTERNAL DEBT
68)New boy problem is related to QUEUEING PROBLEM