What is not an assumption underpinning the rational decision making model?
A structured problem
High level of certainty regarding the environment
Incomplete information
An agreed goal
1. Conflict between two workers
2. Conflict between employer and employees
Both cannot come under industrial disputes
Only (2) is industrial dispute
Both come under industrial disputes
Only (1) is industrial dispute
Conciliatin officer is appointed by_________
Union of Workers
Elected by employers
an appropriate government
None of the above
1.PF is included in minimum wages act.
2.Light bill is not included in minimum wages act
1true 2false
both 1 and 2true
1false 2true
both 1 and 2false
Which of the following statements best describes 'Mental Revolution'
Both management and works require each other
Workers should be pain more wages
It implies change of attitude
The management and workers should not play the game of one upmanship
Indian factory act is passed in_________
1976
1935
1947
1948
Factory using power as per factory act is a premise of minimum___________
40workers
20workers
10Workers
30workers
What is intuitive decision making based on?
Experience
Rationality
Instinct
Guesswork
What is the term for the 'rule of thumb' type of bias in decision making?
Framing bias
Hindsight bias
Over-confidence bias
Heuristics
Span of management refers to
number of members in top management
length of term for which a manager is appointed
number of subordinates under a superior
number of managers