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
Category: Business Management Mcqs
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
Which of the following is not a feature of developed economy?
A.Predominance of industries
B.High per capita income
C.Predominance of indirect taxes
D.High rate of capital formation
The amount deducted from the salary of workers towards Employees Provident Fund is
A.Retained by employer
B.Deposited in bank
C.Deposited in Post office
D.Deposited in the account of workers with employer
E.Deposited in the account of workers with Provident Fund Commissioner
Market demand for any good is a function of the
A.Price per unit of the good
B.Price per unit of other goods
C.Incomes of consumers
D.Tastes of consumers
E.All of the above
Retention of cost competitiveness is the function of
A.methods engineering
B.finance department
C.production planning and control
D.none of the above
Salvaging means
A.Writing off the assets
B.Throwing away the assets
C.Setting the assets
D.Disposing off property which is no longer useful in present situation
E.None of the above
Industrial safety is defined as
A.A disease free work environment
B.Job security
C.Less than 2% chance of injury
D.Freedom from danger or injury, risk or loss
E.A grievance free environment
