LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The Priestman production plan is a ________ incentive plan
Correct Answer Group
Your Answer Individual incentives
Multiple Choice Multiple Answer
Question Select the three Demerits of functional organisation
Correct Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation
Your Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation
Select The Blank
Question ________ are the statutory bodies, required to be established under the industrial disputes act (1947), in every industrial unit employing over 100 workers
Correct Answer Works committee
Your Answer Workers union
Multiple Choice Single Answer
Question How many minimum members are required to form an association or union as per The Trade Union Act 1926
Correct Answer Seven
Your Answer Seven
Multiple Choice Multiple Answer
Question FSN Analysis helps to identify:
Correct Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.
Your Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.
Multiple Choice Multiple Answer
Question Operation process chart is useful to
Correct Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process
Your Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process , Know the information regarding the person who does the work, the place where the work is performed and the time when it is performed
Multiple Choice Single Answer
Question Job evaluation is the process of selecting an appropriate job evaluation system, evaluating the job and
Correct Answer Fitting the jobs into grades
Your Answer Fitting the jobs into grades
True/False
Question Liability of a minor partner is limited to investment only.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Objective of job evaluation includes to eliminate causes of employee dissatisfaction and reduce
Correct Answer Conflicts in industrial relations
Your Answer Conflicts in industrial relations
True/False
Question Government policies can be changed thru suggesstions
Correct Answer False
Your Answer True
Multiple Choice Single Answer
Question In which stage of product design, a pilot production run is carried out ?
Correct Answer Pre-production
Your Answer Pre-production
Multiple Choice Multiple Answer
Question Major componants of wages of employee includes.
Correct Answer Dearness allownce. , Perquisits.
Your Answer Dearness allownce. , Incentives. , Goodwill of company.
True/False
Question MBO programs are not expensive and are less time taken
Correct Answer False
Your Answer True
True/False
Question Merrick's differential piece rate method has similar advantages & disadvantages as Taylor's system
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Typical direct expenses includes
Correct Answer payment made for obtaining design.
Your Answer payment made for development.
True/False
Question Apprenticeship is the oldest and the most commonly used methos of training in crafts, traders and technial areas
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What is the formula used to work out no. of possible combinations in paired comparison method
Correct Answer N ( N - 1 ) / 2
Your Answer N ( N - 1 ) / 2
Multiple Choice Multiple Answer
Question Effective performance of business activities require
Correct Answer Effective adminstration , Scientific Management , Well-Knit Organisation
Your Answer Scientific Management , Well-Knit Organisation , Effective adminstration
Select The Blank
Question Factors selected in point rating system must be acceptable to both ________
Correct Answer Workers and management
Your Answer Workers and management
Match The Following
Question Correct Answer Your Answer
F.W.Taylor. Founder father of scientific management. Founder father of scientific management.
Robinson Boulton. Soho Engineering Foundry. Soho Engineering Foundry.
Robert Owen. Contributed significantly in area of personal management. Contributed significantly in area of personal management.
Charles Babbage. Division of labour Division of labour
Multiple Choice Single Answer
Question Over what weight materials should be handled mechanically?
Correct Answer 20 kgs
Your Answer 20 kgs
Multiple Choice Multiple Answer
Question Symptoms of poor material handling are....
Correct Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required
Your Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required
Multiple Choice Multiple Answer
Question What are the different criteria for effective store layout?
Correct Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.
Your Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.
Multiple Choice Multiple Answer
Question Which two roles does a partner play in a partnership ?
Correct Answer Principle , Agent
Your Answer Principle , Supervisor
Match The Following
Question Correct Answer Your Answer
Enterprises in which Government holds not less than 51% of the paid up capital are called as Government Companies Government Companies
A business organisation in which ownership is retained by a limited group of persons without having the limitations of a partnership is called as Private limited company Private limited company
A business organisation in which ownership is retained by a large number of shareholders selected by inviting subscriptions from the public through prospectous is called as Public limited company Public limited company
The autonomous bodies wholly owned by the Government is called as Public corporation Public corporation
Multiple Choice Single Answer
Question Collective bargaining is founded on which principle?
Correct Answer Give and take
Your Answer Positive changes
Multiple Choice Multiple Answer
Question Select the three merits of functional organisation
Correct Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.
Your Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.
Multiple Choice Multiple Answer
Question Select two kinds of deposits
Correct Answer Demand deposits , Time deposits
Your Answer Demand deposits , Time deposits
Select The Blank
Question Job instruction training method is mainly used for training of ________
Correct Answer Workmen and clerical staff
Your Answer Superwisers
Multiple Choice Single Answer
Question Which of the main stores is used for maintaining the stock of cutting tools, hand tools etc?
Correct Answer Crib store
Your Answer Crib store
Multiple Choice Single Answer
Question What is the single cause of strike by workers and lockouts by management
Correct Answer Industrial conflicts
Your Answer Industrial conflicts
Multiple Choice Single Answer
Question In which type of line organisation, business activities are classified into departments? Each department is headed by departmental manager
Correct Answer Departmental line organisation
Your Answer Departmental line organisation
Select The Blank
Question A hand barrow comprises a frame which is supported with short ________
Correct Answer Shafts
Your Answer Wheels
Select The Blank
Question ________ is the only other available option when suitable persons from within the organisation are not available.
Correct Answer External source
Your Answer External source
Select The Blank
Question Wages tend to be ________ when availability of labour is more than requirement.
Correct Answer Low
Your Answer Low
Multiple Choice Multiple Answer
Question Which are the two principal sources of recruitment?
Correct Answer Internal Source , External Source
Your Answer Internal Source , External Source
True/False
Question Every standard is a specification.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Productivity of labour depends on the following factors
Correct Answer Inherent qualities , Education and training , Work environments
Your Answer Education and training , Work environments , Long hours of working leads to higher efficiency
Multiple Choice Multiple Answer
Question Select the three assumptions underlying the law of supply
Correct Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production
Your Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production
Select The Blank
Question ________ analysis is based on the consumption figures of the items
Correct Answer FSN
Your Answer S-OS
True/False
Question Economy in material handling is obtained by use of equipment that is capable of variety of applications.
Correct Answer True
Your Answer True
Select The Blank
Question ________ revolves around the needs and interests of buyer
Correct Answer Marketing
Your Answer Buying
True/False
Question Supply and stock are synonymous.
Correct Answer False
Your Answer True
Select The Blank
Question Interview helps the employer ________ the total personality of the candidate and adjust his suitability for job
Correct Answer "Size up"
Your Answer To know better
True/False
Question The productivity of the system can be improved by maximising the waste occuring in the system.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question One of the important pillars of effective logistics is
Correct Answer Logistical network
Your Answer Logistical network
True/False
Question Fixed costs varies with production volume.
Correct Answer False
Your Answer True
Select The Blank
Question The Priestman production plan is a ________ incentive plan
Correct Answer Group
Your Answer Individual incentives
Multiple Choice Multiple Answer
Question Select the three Demerits of functional organisation
Correct Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation
Your Answer Functional organisation violates the principle of unity of command. , There is problem of indiscipline in functional organisation , There is Lack of co-ordination of work in functional organisation
Select The Blank
Question ________ are the statutory bodies, required to be established under the industrial disputes act (1947), in every industrial unit employing over 100 workers
Correct Answer Works committee
Your Answer Workers union
Multiple Choice Single Answer
Question How many minimum members are required to form an association or union as per The Trade Union Act 1926
Correct Answer Seven
Your Answer Seven
Multiple Choice Multiple Answer
Question FSN Analysis helps to identify:
Correct Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.
Your Answer Active items which require to be reviewed regularly. , Surplus items whose stocks are higher than their rate of consumption. , Non – moving items which are not consumed.
Multiple Choice Multiple Answer
Question Operation process chart is useful to
Correct Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process
Your Answer Visualize the complete sequence of operations and inspections involved in the process , Know where the operation selected for detailed study fits into the entire process , Know the information regarding the person who does the work, the place where the work is performed and the time when it is performed
Multiple Choice Single Answer
Question Job evaluation is the process of selecting an appropriate job evaluation system, evaluating the job and
Correct Answer Fitting the jobs into grades
Your Answer Fitting the jobs into grades
True/False
Question Liability of a minor partner is limited to investment only.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Objective of job evaluation includes to eliminate causes of employee dissatisfaction and reduce
Correct Answer Conflicts in industrial relations
Your Answer Conflicts in industrial relations
True/False
Question Government policies can be changed thru suggesstions
Correct Answer False
Your Answer True
Multiple Choice Single Answer
Question In which stage of product design, a pilot production run is carried out ?
Correct Answer Pre-production
Your Answer Pre-production
Multiple Choice Multiple Answer
Question Major componants of wages of employee includes.
Correct Answer Dearness allownce. , Perquisits.
Your Answer Dearness allownce. , Incentives. , Goodwill of company.
True/False
Question MBO programs are not expensive and are less time taken
Correct Answer False
Your Answer True
True/False
Question Merrick's differential piece rate method has similar advantages & disadvantages as Taylor's system
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Typical direct expenses includes
Correct Answer payment made for obtaining design.
Your Answer payment made for development.
True/False
Question Apprenticeship is the oldest and the most commonly used methos of training in crafts, traders and technial areas
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What is the formula used to work out no. of possible combinations in paired comparison method
Correct Answer N ( N - 1 ) / 2
Your Answer N ( N - 1 ) / 2
Multiple Choice Multiple Answer
Question Effective performance of business activities require
Correct Answer Effective adminstration , Scientific Management , Well-Knit Organisation
Your Answer Scientific Management , Well-Knit Organisation , Effective adminstration
Select The Blank
Question Factors selected in point rating system must be acceptable to both ________
Correct Answer Workers and management
Your Answer Workers and management
Match The Following
Question Correct Answer Your Answer
F.W.Taylor. Founder father of scientific management. Founder father of scientific management.
Robinson Boulton. Soho Engineering Foundry. Soho Engineering Foundry.
Robert Owen. Contributed significantly in area of personal management. Contributed significantly in area of personal management.
Charles Babbage. Division of labour Division of labour
Multiple Choice Single Answer
Question Over what weight materials should be handled mechanically?
Correct Answer 20 kgs
Your Answer 20 kgs
Multiple Choice Multiple Answer
Question Symptoms of poor material handling are....
Correct Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required
Your Answer Frequent cases of material damages in handling , Badly damaged floors and narrow passages , Difficulties in locating things when required
Multiple Choice Multiple Answer
Question What are the different criteria for effective store layout?
Correct Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.
Your Answer Easy receipt , storage and issue of materials. , Optimum utilization of storage space. , Quick location of items.
Multiple Choice Multiple Answer
Question Which two roles does a partner play in a partnership ?
Correct Answer Principle , Agent
Your Answer Principle , Supervisor
Match The Following
Question Correct Answer Your Answer
Enterprises in which Government holds not less than 51% of the paid up capital are called as Government Companies Government Companies
A business organisation in which ownership is retained by a limited group of persons without having the limitations of a partnership is called as Private limited company Private limited company
A business organisation in which ownership is retained by a large number of shareholders selected by inviting subscriptions from the public through prospectous is called as Public limited company Public limited company
The autonomous bodies wholly owned by the Government is called as Public corporation Public corporation
Multiple Choice Single Answer
Question Collective bargaining is founded on which principle?
Correct Answer Give and take
Your Answer Positive changes
Multiple Choice Multiple Answer
Question Select the three merits of functional organisation
Correct Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.
Your Answer It provides specialised knowledge and guidance to indivisual workers through experts , The supervision and decision making by specialists reduces considerably the workload at the top. , Efficiency of the organisation at all levels is improved due to availability of specialised services.
Multiple Choice Multiple Answer
Question Select two kinds of deposits
Correct Answer Demand deposits , Time deposits
Your Answer Demand deposits , Time deposits
Select The Blank
Question Job instruction training method is mainly used for training of ________
Correct Answer Workmen and clerical staff
Your Answer Superwisers
Multiple Choice Single Answer
Question Which of the main stores is used for maintaining the stock of cutting tools, hand tools etc?
Correct Answer Crib store
Your Answer Crib store
Multiple Choice Single Answer
Question What is the single cause of strike by workers and lockouts by management
Correct Answer Industrial conflicts
Your Answer Industrial conflicts
Multiple Choice Single Answer
Question In which type of line organisation, business activities are classified into departments? Each department is headed by departmental manager
Correct Answer Departmental line organisation
Your Answer Departmental line organisation
Select The Blank
Question A hand barrow comprises a frame which is supported with short ________
Correct Answer Shafts
Your Answer Wheels
Select The Blank
Question ________ is the only other available option when suitable persons from within the organisation are not available.
Correct Answer External source
Your Answer External source
Select The Blank
Question Wages tend to be ________ when availability of labour is more than requirement.
Correct Answer Low
Your Answer Low
Multiple Choice Multiple Answer
Question Which are the two principal sources of recruitment?
Correct Answer Internal Source , External Source
Your Answer Internal Source , External Source
True/False
Question Every standard is a specification.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Productivity of labour depends on the following factors
Correct Answer Inherent qualities , Education and training , Work environments
Your Answer Education and training , Work environments , Long hours of working leads to higher efficiency
Multiple Choice Multiple Answer
Question Select the three assumptions underlying the law of supply
Correct Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production
Your Answer The cost of production remains unchanged , The policies of the government concerning trade, taxation, credit etc remains constant , There is no change in the techniques of production
Select The Blank
Question ________ analysis is based on the consumption figures of the items
Correct Answer FSN
Your Answer S-OS
True/False
Question Economy in material handling is obtained by use of equipment that is capable of variety of applications.
Correct Answer True
Your Answer True
Select The Blank
Question ________ revolves around the needs and interests of buyer
Correct Answer Marketing
Your Answer Buying
True/False
Question Supply and stock are synonymous.
Correct Answer False
Your Answer True
Select The Blank
Question Interview helps the employer ________ the total personality of the candidate and adjust his suitability for job
Correct Answer "Size up"
Your Answer To know better
True/False
Question The productivity of the system can be improved by maximising the waste occuring in the system.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question One of the important pillars of effective logistics is
Correct Answer Logistical network
Your Answer Logistical network
True/False
Question Fixed costs varies with production volume.
Correct Answer False
Your Answer True
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