Which of the following groups of economists find consumers sovereignty undesirable?
A.Capitalists
B.Socialists
C.Mercantilists
D.Positivists
E.All of the above
Category: Business Management Mcqs
Scheduling is the determination of
A.When and at what rate the products will be put out and the relative times at which specific activities shall occur
B.Actual production, how work is to be processed and what machines are to be used
C.Putting right jobs on right machines and at right times
D.Capacity of machines to do the job
E.None of the above
The appellate authority for an industrial dispute is
A.Management
B.Labour court
C.High court/Supreme court
D.Labour Minister state/centre
E.Government
Which one of the following represents an event
A.Curing of concrete
B.Concrete cured
C.Plastering of the walls
D.Fixing of windows, doors, ventilators
E.Fixing of electrical wiring.
Theory X and theory Y were identified by
A.Douglas Mc Gregor
B.Frederick Herzberg
C.Abbraham Maslow
D.Fritz Roethlisberger
E.None of the above
In work study the symbol D implies
A.Delay
B.Transport
C.Operation
D.Inspection
E.Temporary storage
Time standards developed as a result of time study may be used for
A.Wage incentives
B.Plant layout
C.Budgetary control
D.Equipment selection
E.Any of the above
The input-output analysis is often called as
A.Cost benefit analysis
B.Value analysis
C.Analysis on marginal cost
D.Non-pricing analysis
E.Inter-industry analysis
Reflation is
A.same as deflation
B.a controlled inflation of moderate degree
C.a temporary phase in which there is more production than demand
D.a condition under which production is regulated to be equal to demand
Which one of the following will not affect the efficiency of labour?
A.Education and training
B.Better working conditions
C.Higher prices for final products
D.Improved medical service
E.All of the above
