What are characteristics of a programmed decision?
Uncertain and non-routine
Low risk and certain
Routine and non-complex
Complex and risky
Which of the following statements best describes 'Mental Revolution'
Both management and works require each other
It implies change of attitude
Workers should be pain more wages
The management and workers should not play the game of one upmanship
1. Layoff is a temporary phase
2. It is not the end
Only (1) is correct
Both (1) & (2) Correct
Only (2) is correct
Both are incorrect
Which is not included in "Wages" under Minimum Wages Act??
Travelling allowance
Gratuity
All
PF
1.PF is included in minimum wages act.
2.Light bill is not included in minimum wages act
1false 2true
both 1 and 2false
both 1 and 2true
1true 2false
Chairman of board of conciliation is_________________
Independent person
Appointed by government
Both correct
None of the above
Which one of these characteristics is most commonly associated with the 'rational goal' model of management?
Health and safety
Interpersonal relationships
Productivity
Worker welfare
In what order do managers typically perform the managerial functions?
organising, planning, controlling, leading
organising, leading, planning, controlling
planning, organising, leading, controlling
planning, organising, controlling, leading
Which of the following is not applicable to responsibility accounting
Accounting centre
Investment centre
cost centre
Profit centre
What is not an assumption underpinning the rational decision making model?
A structured problem
High level of certainty regarding the environment
An agreed goal
Incomplete information