Fundamentals of Business Activities Test 14

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Fundamentals of Business Activities Test 14

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Weekly Quiz Competition

Question 1
1 / -0

The personnel manager generally acts as a spokesman of the top management and communicates management policies and decisions that affect people in the organization. Such role of personnel manager can be classified as.

A
Representative Role

B
Linking Pin Role

C
Leadership Role

D
Welfare Role

Solution

The personnel manager generally acts as a spokesman of the top management and communicates management policies and decisions that affect people in the organization. Such a role of personnel manager can be classified as a representative role. This representative role of personnel managers can be used to display effective communication, the creation of a positive attitude towards others, the development of cooperation among group members, and the motivation of subordinates.
Hence, A is the correct option.
Question 2
1 / -0

Blue-collar workers are ________.

A
working on machines and engaged in loading, unloading

B
clerical employees

C
executive employees

D
contract employees

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 3
1 / -0

White-collar workers are _________.

A
Working on machines and engaged in loading, unloading

B
Clerical employees

C
Mining labourers

D
None of the above

Solution

White collar refers to employees whose job entails largely on clerical work such as in a office. It refers to the job of officials who performs managerial or professional work for the organisation and get a fixed salary as remuneration at the end of each month.
Question 4
1 / -0

Which of the following has basically centered on studying the behavioural pattern of members and group in an organisation?

A
Empirical Approach

B
Group Behaviour Approach

C
Interpersonal Behaviour Approach

D
Decision Theory Approach

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 5
1 / -0

Human Resource Management is that part of the process of management specifically concerned with the _________ employed in an organization.

A
Resources

B
People

C
Assets

D
All of the above

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 6
1 / -0

Which of the following is not a part of the opportunity cost of going on holiday?

A
The money you spent on a theatre show.

B
The money you could have made if you had stayed at home and worked.

C
The money you spent on airline tickets.

D
The money you spent on food.

Solution

The money spent on food is not a part of the opportunity cost of going on holiday.Opportunity cost of production of a commodity refers to the cost which has to be sacrificed in terms of the next best alternative which could be produced out of that cost. Therefore, food is part of our everyday expense which will not be considered as the sacrifice of any other commodity.
Question 7
1 / -0

Which of the following is an economic activity?

A
Sale of goods to consumers.

B
Teaching one's own nephew at home.

C
A Housewife doing household duties.

D
Watching television.

Solution

The definition of an economic activity is given as "any activity where goods and services are exchanged for money."
The economic activity of consumption involves consumers lending their services in exchange for wages that they then use to purchase goods and services. Thus sale of goods to consumers is an economic activity.
In all the other instances, the person is not being paid for the services they are providing and thus these can not be considered as economic activities.
Question 8
1 / -0

Economics as a __________ science only explains "what is".

A
positive

B
normative

C
both (a) and (b)

D
neither (a) nor (b)

Solution

Positive economics refers to a science which states facts. It explains 'what is'. It does not deal with value judgement and opinions. It provides a statement which is verifiable and is backed by facts.
Question 9
1 / -0

Which of the following is an economic activity?

A
Playing friendly cricket match

B
Teaching one's own daughter at home

C
Manufacturing Chairs at subsidised rate

D
A Housewife doing household duties

Solution

The definition of an economic activity is given as "any activity where goods and services are exchanged for money." The economic activity of production involves producing goods and services so that they can be sold in the market for fair price. The economic activity of consumption involves consumers lending their services in exchange for wages that they then use to purchase goods and services.

Manufacturing chairs is an economic activity as the producer is incurring a cost and will later sell the chairs for revenue.

Since money is not being exchanged for goods and services in any of the other situations, it is not considered an economic activity.
Question 10
1 / -0

Employees relate to which of the following?

A
Work all day all night

B
Do not work

C
Work hard

D
Work smart

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Fundamentals of Business Activities Test 14

Result

Fundamentals of Business Activities Test 14

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SHARING IS CARING

Question 1

Representative Role

Linking Pin Role

Leadership Role

Welfare Role

Solution

Question 2

working on machines and engaged in loading, unloading

clerical employees

executive employees

contract employees

Solution

Question 3

Working on machines and engaged in loading, unloading

Clerical employees

Mining labourers

None of the above

Solution

Question 4

Empirical Approach

Group Behaviour Approach

Interpersonal Behaviour Approach

Decision Theory Approach

Solution

Question 5

Resources

People

Assets

All of the above

Solution

Question 6

The money you spent on a theatre show.

The money you could have made if you had stayed at home and worked.

The money you spent on airline tickets.

The money you spent on food.

Solution

Question 7

Sale of goods to consumers.

Teaching one's own nephew at home.

A Housewife doing household duties.

Watching television.

Solution

Question 8

positive

normative

both (a) and (b)

neither (a) nor (b)

Solution

Question 9

Playing friendly cricket match

Teaching one's own daughter at home

Manufacturing Chairs at subsidised rate

A Housewife doing household duties

Solution

Question 10

Work all day all night

Do not work

Work hard

Work smart

User

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