Questions
1
Michael Porter’s Five Forces Model includes which one of the following combinations ?
(a) Threat of new potential entrants
(b) Threat of substitute product / service
(c) Bargaining power of suppliers
(d) Bargaining power of buyers
(e) Rivalry among current competitors
(f) Rivalry among prospective competitors
Codes :Answer:(a), (b), (c), (d) and (e)
2
Which one of the following is not a common motivation of an entrepreneur ?
Answer:Desire to maintain the status quo
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3
The SFURTI programme of the government is to boost production in which one of the following industries ?
Answer:Khadi and village industry
4
Statement – I : Entrepreneurs recognize opportunities where others see chaos or confusion.
Statement – II : Entrepreneurs bring aggressive capital for the existing business in traditional market place.
Answer:Statement – I is correct but II is not correct.
5
Social responsibility of business while appropriating natural resources by a corporate entity has been recommended in which one of the following ?
Answer:Sustainable Development Goals 2015 in Global Sustainability Report
6
Disclosure of corporate governance practice and its compliance has been stipulated in which one of the following ?
Answer:Directors’ Responsibility Statement under Section 134 of the Companies Act 2013.
7
Kumar Mangalam Birla Committee Report, Ramesh Chandra Committee Report, Cadbury Committee Report primarily focus on which one of the following ?
Answer:issues relating to corporate governance practice
8
‘The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. This may be attributed rightly to which one of the following ?
Answer:corporate social responsibility
9
Arrange the steps of diagnostic model of human resource management in the correct sequence from the first to the last. Select the code of correct sequence :
a. Evaluate
b. Prescribe
c. Diagnose
d. Implement
Codes :Answer:c, b, d, a
10
Which one of the following is a training technique in which trainees act out parts in a realistic management situation ?
Answer:Role playing
11
The agreement arrived at during the course of conciliation proceeding in industrial disputes is known as
Answer:Settlement
12
Results of a period that may occur at the initial career entry when the new employee’s high job expectations confront the reality of a boring, unchallenging job.
Answer:Reality Shock
13
The two dominant aspects of industrial relations scene in the modern industrial society are covered in which one of the following ?
Answer:Conflict and cooperation
14
The decision of the adjudication authority and arbitrator in disputes is termed as
Answer:Award
15
In case of a domestic enquiry, which one of the following is not correct about enquiry officer ?
Answer: He can take final decision about punishment and issue an order inflicting punishment.
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