Answer: Analogue models
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Answer: Analogue models
Answer: Criterion of regret
Answer:Acceptance sampling plans
Answer:Population distribution is not normal and sample size is small (< 30).
Statement – II : Mean, median and mode of the normal distribution are equal.
Statement – III : The standard deviation of the binomial distribution is np when n denotes number of observations and p the probability of success.Codes :
Answer:Statements – I and II are true while Statement – III is false.
Answer:Reciprocal of the product of the standard deviations of two variables.
(i) The probability of making I-type error (alpha) in hypothesis testing is referred to as the level of significance.
(ii) When the calculated value of x2 is more than the table value of x2 at given degrees of freedom and level of significance, the null hypothesis is accepted.
(iii) Standard deviation of sampling distribution of mean is called standard error.
(iv) For one tailed test, the critical value of Z at 5% level of significance is 1.96.Codes :
Answer:(i) and (iii)
Reason (R) : They involve plotting organisation divisions in a schematic diagram.Codes :
Answer:Both (A) and (R) are correct and (R) is the right explanation of (A).
(a) External opportunities are creating similar type of consumer across the world.
(b) The process of conducting research and gathering and assimilating external information is sometimes called as environmental scanning.
(c) Lobbying is one activity that some organizations utilize to influence external opportunities and threats.
(d) Relative deficiency or superiority is not a part of analysis of corporate strategy.
Indicate the correct option :
Answer: Statements (b) and (c) are true, others are false.
Statement – I : When a company embarks on a global standardization strategy in today’s world, it locates its manufacturing and other value chain activities.
Statement – II : Global standardization strategy need not find a structure that lowers the bureaucratic costs of resource transfers.
Statement – III : The global product-group structure is weak in rsponsiveness to customers.Code :
Answer:Statement I & III are correct, II is incorrect.
Statement – I : The entrepreneur has to be a mere manager. He (or she) may not be an innovator and promoter as well.
Statement – II : An entrepreneur always searches for change, responds to it and exploits it as an opportunity.
Statement – III : The government should not try to push the entrepreneurship beyond the boundaries of a business unit.Code :
Answer: Statement II is only true, others are false.
Reason (R) : A business possibility may take the shape of business opportunity only when it improves social endowments.Codes :
Answer:(A) is correct, but (R) is incorrect.
Combination II : The Socio-economic Model (CSR) – Business is seen as on subsystem among many in a highly interdependent society.Codes :
Answer: Both I and II are correct