What is at the heart of any ERP system?

1/1
Database

Customers
Employees
Information

What does the term PLC stands for?

1/1
Product long cycle
Production life cycle
Production long cycle
Product life cycle

Who are the primary users of ERP systems?

0/1
Sales, marketing, customer service
Customers, resellers, partners, suppliers, and distributors
Accounting, finance, logistics, and production
All of the above

Correct answer
Accounting, finance, logistics, and production

Plant layout is a determinant of ------------ and profitability

1/1
Goals
Productivity
Efficiency
Products

The minimum slack always be

0/1
Linear

Positive
Deterministic
Negative

Correct answer
Negative

Which of the following describes an ERP system?

1/1
ERP systems have been widely adopted in large organisations to store
critical knowledge used to make the decisions that drive the
organisation's performance
ERP systems provide a foundation for collaboration between
departments
All of the above

ERP systems enable people in different business areas to communicate

Leadership is a process
0/1
of influencing people
all of the above

Option 5
to talk and write clearly and forcefully.
of giving orders that subordinates must accept
Correct answer
of influencing people

Retailing category(ies) based on ownership arrangement would

be
1/1
Consumer Durables Stores
Super Markets
Departmental Stores
All of the above

Who said this – ‘To manage is to forecast and plan, to command,

to coordinate and control’.
1/1
Henri Fayol

E.L.F.Brech
W.F.G Glueck
Peters.T

The difference between the maximum time available and the

actual time needed to perform an activity is known as _________
1/1
Total float

Free float
Independent float
Half float
The process of familiarising the new employee with the vision,
mission and goals of the organisation is called --------------
0/1
Training

Recruitment
Placement
Induction

Correct answer
Induction

Just-In-Time aimed at
1/1
Reduced manpower
Over production
Zero inventories

All of the above

if the effort on a non-critical activity is to be reduced, it may

result in
1/1
its duration and time

its no.of activities

its no.of events
its no. of critical activities

Two examples of internal variables of an organisation are

0/1
Leadership and Control

Directing and Leading

Efficiency , Span of control
Participative ,Directing

Correct answer
Efficiency , Span of control

In the _________, ERP packages were targeted at the

manufacturing industry.
1/1
Option 5
Option 6
1970’s
1980’s
1960’s
1990's

Personnel manager is a line manager is the issues related to ------

-----
0/1
Staff selection
Customer interaction
Make personnel policies

Trust building among customers

Correct answer
Staff selection

Which one of the following is not a stage in man power planning

0/1
Redundancy in the organisation

Planning for succession

Staff Development
Performance indication

Correct answer
Performance indication

Luther Gullick coined a new term ‘POSDCORB’. In this

acroym,what does the R stands for?
1/1
Recruitment
Reporting

Return
Resizing

Which of the following relates to ‘on-the-job training’?

0/1
Demonstration
Case study

Conferences
Seminars

Correct answer
Demonstration

What refers to the ways and means of reaching the customer

through the intermediaries?
1/1
Distribution
Marketing strategies
Channels of distribution

Growth stage

Which one of the following is not a leadership style

0/1
Autocratic
Laissez-Faire

Democratic
Participative

Correct answer
Participative

What refers to the relations between the employees & the

management?
1/1
Industrial Relations

HRM
Personnel management
HRD

Which one of the following is an example for the analytical

methods of job evaluation?
Factor comparision method
Point Rating Method
MBO
Ranking Method

Correct answer
Ranking Method

Place utility is provided by ------- function of marketing

0/1
Transportation
Selling
Grading

Buying

Correct answer
Transportation

A programme also called

0/1
Job
Project
Event
Network

Correct answer
Project

Management is an inexact science because

0/1
Its principles are not as exact as science
None of the above
Its principles are as exact as science
Technology in build

Correct answer
Its principles are not as exact as science

What is an advantage for product layout?

1/1
Discontinuity in production likely
Lower cost of material handling

Hug capital outlay

Little flexibility

What is not a necessity of HRD?

0/1
Make industrial policies

Make organisational dynamics growth oriented

Succeed in a fast changing environment
Make personnel policies

Correct answer
Make personnel policies

The internal environment factor(s) that influence management is

(are)
1/1
Labor
Place
Machines
All of the above
JIT does not believe in
1/1
Human relations
All of the above
Over production

Quality

The _________ should plan well and execute perfectly the

implementation of ERP.
1/1
Vendors
Top Management
System developers

Organisation

The first and foremost activity of management is

1/1
Directing
Staffing
Planning

Organising

Which of the following is a concentration as proposed by clark

and clark
Making
Grading
Selling
Buying

Correct answer
Buying

What is ‘S’ refers to in EOQ formula

0/1
Annual demand
Ordering cost

Units per order

None of the above

Correct answer
Units per order

what does CPM involve in a trade off between

0/1
Cost, Timeand Quality
Cost and Time
Time and Work
Cost and Quantity

Correct answer
Cost and Time

Time taken to delay a particular event without affecting the

project completion time
0/1
Deviation
Slack
Critical path

Sucession

Correct answer
Slack

Which of the following is a disadvantage for a fixed layout?

1/1
Job enlargement can be effectively practiced
High degree of flexibility
At times, resources may be under utilised

Does not involve large investment

Which of the following does management not refer to?

1/1
Exact science

Social process
Situational in nature
Omnipresent and universal

Which one of the following is not a manpower planning

0/1
Helps line manager
Directly contributes to the achievement of personal objectives
Help decision makers
Enables the organisation to secure the right kind of human resources

Correct answer
Directly contributes to the achievement of personal objectives
Which of the following implies ‘the effective utilization of
human and material resources to achieve the enterprise
objectives?
1/1
Management

Requirements
Control
Planning

Which of the following describes an ERP system?

1/1
All of the above

ERP systems provide a foundation for collaboration between

departments
ERP systems have been widely adopted in large organisations to store
critical knowledge used to make the decisions that drive the
organisation's performance
ERP systems enable people in different business areas to communicate

Which of the following occurs when everyone involved in

sourcing, producing, and delivering the company's product
works with the same information?
1/1
Cuts down wasted time
Eliminates redundancies
All of the above

Removes misinformation
Which of the following is an example for off-the-job training?
0/1
Apprentice Training

Experienced Learning
Lecture method
Demonstration

Correct answer
Lecture method

PERT refers to
1/1
Project Evaluation Reasoning Tool
Project Evaluation Revised Testing
Programme Evaluation Review Technique

Programme escalation review tool

Job analysis, HR planning, recruitment, selection, placement,

inductions and internal mobility are few important functions
which come under the heading of______________ of HRM.
1/1
Integration function

Procurement function
Development
Maintenance

Which one of the following is not covered by the 4M’s of

management?
1/1
Manager

material
Machines
Money

Who said, “Management is the creation and maintenance of

internal environment in an enterprise, where individuals working
in groups can perform efficiently and effectively towards the
attainment of group goals
1/1
F.W.Taylor
Henri Fayol
Koontz & O’Donnell

Peter ducker

_________ are used to represent activity in a network diagram

1/1
Squares
Rectangles
Circles
Arrows

-________ is the end of deliberate policy in making delegation

of authority to the lowest levels in the managerial hierarchy.
1/1
Both (A) and (B)
None of the above
Decentralization

Centralization

Positive motivation makes people willing to do their work in the

best way they can and improve their ________.
0/1
Performance

Productivity
All of the above
Personality

Correct answer
All of the above

Events left untied to overall network are called

1/1
prototype
drops
danglers

sequence

The critical path

Is the longest path

Is the shortest path

Is a mixture of all paths.
Is a path that operates from the starting node to the end node
What represents a new approach to middleware by packaging
together commonly used functionality, such as providing prebuilt
links to popular enterprise applications, which reduces the time
necessary to develop solutions that integrate applications from
multiple vendors?
0/1
Middleware

Automated business process

Enterprise application integration middleware
e-business infrastructure

Correct answer
Enterprise application integration middleware

The internal environment factor(s) that influence management is

(are)
1/1
Location
Machines
Men
All the above

Two Challenges to management may be cited as

0/1
Firing of employee, retention of customers
Customer satisfaction and Retention of employee

Retention of customers and depleting resources

Depleting resources and environmental pollution
Correct answer
Depleting resources and environmental pollution

What articulates the long-term goals of an enterprise?

0/1
None of the above
Policies
Both (A) and (B)

Vision statement

Correct answer
Vision statement

Which of the following is a possession utility as suggested by

converse, hugey and Mitchell?
0/1
Negotiation
supervision
Grading

Financing

Correct answer
Negotiation

The need to maximise one's potential and to accomplish

something is covered by ------- in the Maslow's hierarchy of
needs
0/1
Safety needs
Self actualization
Security needs
Basic needs

Correct answer
Self actualization

Which of the following is not a function of HRM?

1/1
Developing product sensitive management style

Focussing on team building

Evaluating self appraisals
Empowering employees

Average time estimates (te) is

0/1
te= (to+tp+tm)/6
te= (to+tp+4tm)/6

te= (4to+4tp+tm)/6
te= (to+4tp+tm)/6

Correct answer
te= (to+4tp+tm)/6

The stakeholders within the enterprise must

1/1
Not assist in the gathering of requirements
Involve only in vendor demonstration
Be involved in the project initiation phase where the decision making
process is agreed and attend Vendor demonstrations
Not be involved in vendor demonstration

______________System can be any organized combination of

people, hardware, software, communications networks and data
resources that collects, transforms and disseminates information
in an organization.
0/1
Horizontal
Information
Vertical
Integrated

Correct answer
Information

Management exists at the ___ level of the organization

0/1
Top
Lower
All of the above

Middle

Correct answer
Top

Just-In-Time (JIT) combines the benefits of

1/1
Job order production and Line production
Batch production and Line production
None of the above
Job order production and Batch production

The leaders who involve their subordinates in decision- making

are said to adopt ----------- style of leadership
0/1
Autocratic

Free-style
Bureaucratic
Democratic

Correct answer
Democratic

Which one of the following is not a form of utility concerned

with marketing?
1/1
Form
Proficiency

Time
Place

What refers to that quantity of material which can be ordered at

one time to minimise the cost
1/1
Economic quantity
Cost of acquisition
Carrying cost
Economic order quantity
If an activity is likely to take 40 minutes of optimistic time, 30
minutes of most-likely time, and 90 mins of the pessimistic time
estimate what is the average time estimate?
1/1
41

30
25
50

Which of the following is not a Functions of Management?

1/1
Organizing
Planning
Controlling
Distributing

Completion of a CPM network diagram activity is commonly

known
1/1
Event
All the above

Node
Connector

Which of the following is not a function of exchange

0/1
Buying
financing
Selling
Assembling

Correct answer
financing

In a network, a critical path is the time-wise shortest path.

1/1
False

Partially false
Partially true
True

Which of the following is not a factor affecting plant location?

0/1
Government influence
Transport
Diseconomies of scale
Fuel & Power

Correct answer
Diseconomies of scale

The shortest possible time in which an activity can be achieved

under ideal circumstances is known as ________
1/1
Expected time estimate
Pessimistic time estimate
Optimistic time estimate

The most likely time estimate

Which type of strategies do professional managers help

organizations in chalking out?
1/1
Corporate

Managerial
Multi-disciplinary
All of the above

What is the key to MRP?

1/1
. Quantity of requirements for components are based upon the structure
of the Bill of Material.
d. Capacity of requirements for components are based upon the structure
of the Bill of Material
b. Production of requirements for components are based upon the
structure of the Bill of Material.
c. Time-phasing of requirements for components are based upon the
structure of the Bill of Material.

Which of the following is not a function of physical supply

Warehousing

Transportation
Storage
Grading

Correct answer
Storage
Which of the following is a financial incentive
1/1
Stock option

Job security
Flexi-time
Job Rotation

Just-in-Time was successfully implemented by

1/1
Honda
Volkswagen
Suzuki
Toyota

Which of the following is not a phase of project management?

1/1
Project being

Project planning
Project scheduling
Project controlling

ABC analysis divides an organization's on-hand inventory into

three classes based upon their
0/1
Respective value
The no. of units on hand
Annual demand
Unit price

Correct answer
Respective value

Completion of a CPM network diagram activity is commonly

known
1/1
Node
Connector
Event
All the above

The process of determining a spatial location for a collection of

physical production facilities called
1/1
Resources layout
Plant location
Plant layout

Flexibility layout

What Does Espirit de crops stands for?

1/1
Initiation
Teamwork

Avoid frequent transfers

Right thing in right place

____________ maintains reports of warehouse supplies.

ERP Resource module
ERP verification module
ERP Inventory software module

ERP financial module

PERT & CPM provide

1/1
Logical Picture Layout & Complex project Sequence
Basis for working time, Cost & resources
Identifying the critical Activity &events

An optimal rate of return on investment

which of the following does task or job in a program is

represent?
0/1
Dotted event
Activity
Network

Event

Correct answer
Activity

What are several different types of software, which sit in the

middle of and provide connectivity between two or more
software applications?
1/1
e-business infrastructure
Enterprise application integration middleware
Automated business process
Middleware

Which of the following is the 4th step in decision making

process
1/1
Identifying of problems
Choice of alternative
Evaluation of alternatives

Action

Which of the following is not a function of physical supply

0/1
Warehousing

Storage
Grading
Transportation

Correct answer
Storage

Which is one of the most critical steps in the ERP

implementation?
1/1
c. Creation of Business Model
Option 5
d. Creation of Data Model
Creation of Organisational Model
b. Creation of Integrated Data Model
Option 6

The full form of CPM is ___________

1/1
Control Path Management
Critical Plan Management
Critical Path Method

Control Path Method

Information system that monitor the activities and transactions of

the organisation
1/1
Operational level system
Just in time
Knowledge level system
Management information system

The earliest start time rule

1/1
Directs when a project can start.
Compares the activities end time for an activity predecessor.

Compares the activities starting time for an activity successor.

Regulates when a project must begin

Select the modules that decides the inputs required and suppliers
for delivery?
1/1
Inventory requisition
Inventory order assessment

Supplier Performa
Inventory placing

Important point to be kept in mind while evaluating ERP

software is the total costs that includes
Column 1
Score
Implementation and maintenance cost.
0/0

Cost of license
0/0

Customisation and hardware requirements costs.

0/0

Cost of Training
0/0

Implementation and maintenance cost.

Cost of license
Customisation and hardware requirements costs.
Cost of Training

When a customer needs to check the performance of the

company before he places an order, which department has to be
in a position to provide the necessary information?
0/1
Finance

Quality
Production
Marketing

Correct answer
Marketing

The techniques of reducing the costs analyzing the functional

worth of product is
1/1
Value analysis

MIS
ERP
JIT

The following information is about the stock absorbers used by

an automobile workshop:Annual demand:Rs4800Unit
price:Rs300Cost of placing order:Rs50Storage cost:3%per
annumInterest rate:15%per annum
0/1
30
49

51
20

Correct answer
51
Which one of the following is not one of the Fayol's 14
principles of management?
0/1
Decentralisation
Remuneration
Authority

Unity of Direction

Correct answer
Decentralisation

The method of stock control classifying the stocks on the basics

on their respective values and volume is called--------
1/1
EOQ
FIFO
LIFO
ABC analysis

Scientific management introduced

0/1
Work study

All the above

Working methods
Piece rate wage system

Correct answer
All the above
A biscuit manufacturing company buys lot of 10000 bags of
wheat per annum. The cost per bag is Rs 500 and the ordering
cost is Rs 400. The inventory carrying cost is estimated at 10%
of the price of the wheat. Determine economic order quantity
1/1
24
23
25

26

Which of the following is a non financial incentive

0/1
Job Rotation
Stock option

Flexi-time
Job security

Correct answer
Flexi-time

In which of the following methods is the employee asked to

choose an alternative?
1/1
Forced distribution method

Ranking method
MBO
Narrative essay method
Which of the following is a facilitating function
0/1
Selling
Storage

Buying
Grading

Correct answer
Grading

When a firm expands its Size of production by increasing all

factors, It secures certain advantages, known as
1/1
Optimum Size ption 1
diseconomies of scale
economies of scale

none

The cost of best alternative forgone is

1/1
Outlay cost
past cost
opportunity cost

future cost

the relationship between fixed cost per unit and volume of

production is
1/1
averse
reverse
inverse

directly proportional

When producer secures maximum output with the least cost

combination Of factors of production, it is known as
1/1
Consumer’s Equilibrium
Price Equilibrium
Producer’s Equilibrium

Firm’s Equilibrium

Name *
Suresh kumar

production function is also known as

1/1
output-cost relationship
input-cost relationship
input-output relationship

output-input relationship

market demand is not affected by

0/1
demography factors
economic factors
social factors
political factors
Correct answer
social factors

The ‘Law of Variable Proportions’ is also called as

0/1
law of returns
Law of fixed proportions

Law of returns to scale

none of the above

Correct answer
law of returns

short run cost curves are called

0/1
operating curve
fixed curve
variable curve

planning curve

Correct answer
operating curve

Submission ID (skip this field) *

⚠️ DO NOT EDIT this field or your time will not be recorded.

the demand curve slopes

1/1
upwards
downwards

linear
none

joint costs are also called as

0/1
direct cost

future cost
common cost
economic cost

Correct answer
common cost

which of the following refers to the returns enjoyed by the firm

as a result of change in all the inputs?
1/1
return to business
return to scale

increasing return to scale

decreasing return to scale

which of the following is a technique for profit planning and

control?
0/1
break even analysis
break even point
cost unit
cost control
Correct answer
break even analysis

survey method is considered more advantageous

0/1
when the buyers are in large numbers

when buyers are inaccessible

when the consumers dont slide to their intentions
when the product is new to the market for which no data previously
exists

Correct answer
when the product is new to the market for which no data previously
exists

When different combinations of inputs yield the same level of

output Known as
1/1
Different Quants
Output differentiation
Isoquants

Production differentiation

average fixed cost per unit ....... as the volume or production

increases
1/1
increases
declines

saturates
diminishes

costs are those business costs, which do not Involve any cash
payment
1/1
past cost
future cost
implicit cost

explicit cost

What is the formula for Margin of Safety?

1/1
Break Even sales – Actual sales
Maximum sales – Actual sales
Actual sales – Break Even sales

Actual sales – Minimum sales

............. describes the degree of association between two

variables
1/1
regression
relation
correlation

precision

Roll no *
181231104148
production function is not a factor of
0/1
land
labour
cost of capital
organisation

Correct answer
cost of capital

in cobb douglas production function K refers to

0/1
land
labour
capital

organisation

Correct answer
labour

Which of the following statements about ABC analysis is false?

1/1
ABC analysis is based on the presumption that all items must be tightly
controlled to produce important cost savings.

In ABC analysis, "A" Items are tightly controlled, have accurate

records, and receive regular review by major decision makers.
ABC analysis is based on the presumption that controlling the few most
important items produces the vast majority of inventory savings.
In ABC analysis, "C" Items have minimal records, periodic review, and
simple controls
which one of the following is not one of the Fayol's 14 principles
of management?
1/1
Authority
Remuneration
Decentralisation

Unity of Direction

The need to maximise one's potential and to accomplish some

thing is covered by ------- in the Maslow's hierarchy of needs
1/1
Basic needs
security needs
Safety needs
Self actualization

The stage at which the new recurit is allowed to exercise full

authority and is held responsible for the results is called
0/1
Recruitment
Selection
Induction

Placement

Correct answer
Placement

Which one of the following is not a leadership style

1/1
Option 6
None of the above

Free-Rein style
Option 5
Authoritarian style
Participating style

Which one of the following is not a function of HRM

1/1
Evaluating self appraisal
Developing product sensitive management style

Empowering employees
Focusing on team building

Which one of the following is not included in staffing process?

1/1
Demotion

Recruitment
Appraisal
Placement

Increased competition leads to price decrease, increasing public

awareness, sales volume increase significantly are the
characteristics of ______________ in PLC.
1/1
Introduction stage
Decline stage
Maturity stage
Growth stage

Which of the following are advantages of process layout

1/1
All the above
Higher material handling costs
Optimum utilisation of resources

Higher inspection costs

In Factor-Comparison method, each factor is ascribed as

1/1
Money value

Scale
Ranking
None of the above

The term marketing refers to:

1/1
A philosophy that stresses customer value and satisfaction.

Advertising, Sales Promotion, Publicity and Public Relational activities

Sales Planning, Strategy and Implementation
A new product needs ideas, Developments, concepts and improvements.

Which one of the following is not a benefit from Scientific

management
0/1
High Degree of accuracy
Control over work liberal
Job Enrichment

Improved Working Methods

Correct answer
Control over work liberal

The two new management functions as suggested by Gulick are

0/1
Coordinating,Reporting
Controlling and coordinating
Reporting,Budgeting
Coordinating,Budgeting

Correct answer
Reporting,Budgeting

Scientific management introduced

1/1
Working methods
Piece rate wage system
Work study
All the above

Which of the following is a positive function of HR?

1/1
Performance Appraisal
Selection
Recruitment
Training and Development

What are the economies available to all firms in an industrial belt

or area
1/1
Diseconomies
External economies

Both internal and external economies

Internal economies

Which of the following is not a characteristic of “Market

Introduction Stage” in PLC?
1/1
Slow sales volume to start
Makes no money at this stage
Demands has to be created
Costs are low

An employee's refusal to provide work opportunities is classified

as
1/1
Option 11
Option 6
Injunction
Lock out

Option 12
Grievance Procedure
Option 14
Option 9
Strike Junction
Option 7
Option 10
Option 5
Option 13
Option 15
Option 8

In which of the following methods is the employee asked to

choose an alternative?
1/1
Ranking method
MBO
Narrative essay method
Forced distribution method

at what stage sales of a product tend to fall in PLC

1/1
Saturation
Rapid Growth
Maturity
Decline

What refers to the process of managing people enabling them to

contribute their best for the attainment of organisation goals?
1/1
Industrial Relations
HRD
HRM
Personnel Management
Which one of the following is not an element of planning?
0/1
Objectives
Budgets

Analysis
Policies

Correct answer
Analysis

Luther Gullick coined a new term POSDCORB.In acronym,what

does the C stands for
1/1
Commanding
Coordinating

Controlling
Classifying

Which of the following is not a feature of personnel management

1/1
Aims to achieve efficiency
Aims to achieve proficiency

Concerned with people at work

Aims to achieve Justice

If all the processing equipment and machines are arranged

according to the sequence of operations of a product the layout is
known as
1/1
Product layout

Option 6
Process layout
Option 5
Option 7
Fixed position layout
Combination layout
Option 8

Which Layout has relatively high degree of flexibility

1/1
Fixed layout
Product Layout
Process Layout

Combined Layout

What Does espirit de crops stands for?

1/1
Teamwork

Avoid frequent transfers

Right thin in right place
Initiation

Which one of the following is not covered by the 4M's of

management?
1/1
Manager
Materials
Machines
Money

Which of the following is a direct channel of distribution for

consumer goods and services
1/1
Manufacturer to wholesaler to Retailer to Consumer
Manufacturer to Retailer to Consumer
Manufacturer to Customer

Manufacturer to wholesaler to Consumer

In ship manufacturing, the type of layout preferred is

1/1
Process layout
Fixed position layout

Combination layout
Product layout

The following is not a job evaluation method.

1/1
Point Method
Assessment method

Factor comparison method

Ranking method

If an activity is likely to take 40 minutes of optimistic time, 30

minutes of most-likely time, and 90 mins of the pessimistic time
estimate what is the average time estimate?
0/1
50
60
25
41

Which one of the following is an example for the analytical

methods of job evaluation?
1/1
Ranking Method

MBO
Point Rating Method
Factor Comparision method

A manufacturing company buys a lot 10000 bags of rice per

annum. the cost per bag is Rs400 and the ordering cost is Rs500.
the inventory carrying cost is estimate at 10% of the price of the
rice. Determine economic order quantity.
0/1
500
200
100
400

Which one of the following is not introduced in the period of

Management awakening
1/1
Automation
The number of commercial establishments expanded
Select and train the workers

New inventions increased demand

What refers to the ways and means of reaching the customer

through the intermediaries?
1/1
Distribution
Channels of distribution

Marketing strategies
Growth stage

Which one of the following deals with the plant Location?

0/1
Strategic decision
Marketing Decision
Engineering Decision
Financial Decision

Correct answer
Strategic decision

What refers to the act of transferring ownership of the goods and

services from the seller to the buyer?
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Marketing
Promotion
Production
Selling
Which of the following is not a goal of plant layout
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Minimize the unit cost
Optimize quality
last in first out inventory

lifting not more than one part at a time

In the EOQ formula, the variable S represents:

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Ordering quantity in units
Units per order
Annual usage in units
Ordering cost in dollars per order

Correct answer
Units per order

Path which contains all event Zero or Minimum slack is

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Succession or Event
Critical slack
Critical path

Event slack

What is not a necessity of HRD?

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Succeed in a fast changing environment
Make industrial policies
Make organisational dynamics growth oriented

Make personnel policies

Correct answer
Make industrial policies

…………. Involves purchase from various sources & assembled

at one place – involves creation & maintenance of the stock of
goods purchased & ………….. Involves transfer of ownership of
the goods
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Buying & Assembling
Selling & Buying
Assembling & Selling

Assembling & Buying

Events left untied to overall network are called

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Activity
Danglers

Prototype
Event

what are the consequence of poor layout

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Material handling costs will be high
Production cost gets jacked up
Return on capital employed may be low
All the above
The function of introducing the company to the employee before
he reports for the duty is called
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MBO
Induction

Recruitment
Training

The pay based on piecework is an example of

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Performance based pay
Incentive

Bonus
Time based pay

Correct answer
Performance based pay

PERT and CPM provides

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Identifying the critical activities & events

Logical Picture Layout & Complex Project Sequence

An Optimal rate of return on investment
Basis for working time ,cost & Resources

The first and foremost activity of management is

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Planning

Directing
Staffing
Organising

The process of determining the course of action to achieve the

goals are called
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Controlling
Staffing
Planning

Organising