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Business, Trade and Commerce Test 14

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Business, Trade and Commerce Test 14
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Scale of business determines the___________.
    Solution
    Scale of business means the level of operation that will take place - like small scale, large scale etc. The determination of the scale of operations depends upon the size of business, production of business, capital involved in business. For example, it the size of business is big, the scale of production is large and the capital that is invested in the business is also big then the scale of such business will be large scale.
  • Question 2
    1 / -0
    Which of the following has basically centered on studying the behavioural pattern of members and group in an organisation? 
    Solution
    Group behaviour Approach has basically centered on studying the behavioural pattern of members and groups in an organization. This approach helps to provide a basis for setting developmental goals for the employee. It is a reliable and valid method for performance appraisal.
    Hence, B is the correct option.
  • Question 3
    1 / -0
    Human Resource Management is that part of the process of management specifically concerned with the _________ employed in an organization.
    Solution
    Human Resource Management is that part of the process of management specifically concerned with the people employed in an organization. Human resource management is often referred to as Personnel management. It is a part of the management process which develops and manages human elements of the enterprise.Hence, B is the correct option.
  • Question 4
    1 / -0
    Every business enterprise must undertake such business which is ________.
    Solution
    Business conducted illegally or unlawfully is not considered to be business.Business should be according to law formulated by the government. Therefore option B is the correct answer..
  • Question 5
    1 / -0
    Management qualifies all tests of a profession exxept __________________.
    Solution
    Management qualifies all tests of a profession except use of know how and skills.
    Management is not considered as a full-fledged profession like medical and legal profession because:1. Restrict entry: Management has restricted entry through an examination or degree as in profession. 
    2. Presence of professional associations: All profession has some associations affiliated to it and even management has association affiliated to it. 
    3. Existing of ethical code: For every profession there are some set of ethical codes fixed by the profession association. Management also has some ethical codes fixed by the concerned professional association.
  • Question 6
    1 / -0
    Statement I: 
    A true manager can continue to manage the same way as he has been doing it in the past.
    Statement II:
    Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation.
    Select the correct answer from the options given below -
    Solution
    Statement I: 
    A true manager can continue to manage the same way as he has been doing it in the past- this is true.
    Statement II:
    Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation- this is false.
  • Question 7
    1 / -0
    BPO stands for____
    Solution
    Full form of BPO is Business Process Outsourcing .Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally,] and sometimes involves transferring employees and assets from one firm to another.
  • Question 8
    1 / -0
    Human Resource Management is often referred to as _______________.
    Solution
    Human resource management is often referred to as Personnel management.It is a part of the management process which develops and manages human elements of the enterprise. Personnel management can be defined as a phase of management that deals with the effective control and use of manpower or human resources.Hence, D is the correct option.
  • Question 9
    1 / -0
    Blue-collar workers are ________.
    Solution
    The blue collar refers to a type of employment. Blue collar jobs are typically classified as involving manual labour and compensation by an hourly wage. Some fields that fall into this category include construction, manufacturing, maintenance and mining.
  • Question 10
    1 / -0
    Which of the following can be classified as "internal forces"?
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