1366. Probabilities of occurrence of any state are.

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A. Collectively exhaustive
B. Mutually exclusive
C. Representing one of the finite numbers of states of nature in the system
D. All of the above
✅ The correct answer is option D.
Probabilities of occurrence of any state are Collectively exhaustive, Mutually exclusive and Representing one of the finite numbers of states of nature in the system.

1363. A technique, which accumulates and tracks costs of business function in value chain attributed to each market offering from R&D to final customer support, is called

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A. product life cycle
B. life cycle budgeting
C. life cycle costing
D. target costing
✅ The correct answer is option C.
A technique, which accumulates and tracks costs of business function in value chain attributed to each market offering from R&D to final customer support, is called life cycle costing. Life cycle costing is the process of compiling all costs that the owner or producer of an asset will incur over its lifespan.

99. Reports, suggestions, appeals, grievances, etc is example of_________.

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A. downward communication
B. upward communication
C. horizontal communication
D. informal communication
✅ The correct answer is option B.
Reports, suggestions, appeals, grievances, etc is example of upward communication. Upward communication is the communication where information or messages flows from the down or bottom of the organizational structure form the top of the organizational structure.

98. Herzbergs Hygeine factors

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A. motivate employees
B. do not motivate employees
C. dissatisfy employees
D. satisfy employees
✅ The correct answer is option B.
Herzbergs Hygeine factors do not motivate employees. The absence of hygiene factors will cause employees to work less hard. Hygiene factors are not present in the actual job itself but surround the job.

97. Followers decide whether a person is a leader or not is according to

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A. Trait theory
B. Behavioural theory
C. Followers theory
D. System theory
✅ The correct answer is option C.
Followers decide whether a person is a leader or not is according to Followers theory. According to this leader-follower theory followers may from groups and the followers’ groups naturally have their own characteristics and needs. According to the characteristics and nature of followers’ groups needs are ascertained.

Replacement of bearer bonds with registered bonds is because of lack of

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A. security of indentures
B. security of unregistered bonds
C. security of bearer bonds
D. security of registered bonds
✅ The correct answer is option C.
Replacement of bearer bonds with registered bonds is because of lack of security of bearer bonds. Bearer bonds that are lost cannot be replaced as no records exist on the identity of the security owner.

120. HR Department maintains records

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A. Employee
B. Sales
C. Production
D. Inventory
✅ The correct answer is option A.
HR Department maintains Employee records. One of the primary responsibilities of the HR department is to maintain employee records and regularly keep them updated. It is not just a good practice but it is also made mandatory by the law. These records help companies gather and analyze comprehensive information about their workforce at a micro as well as macro level.

96. The leader acts as a liaison officer between the employees and the outside world is _________.

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A. positive style
B. free-rein style
C. autocratic style
D. democratic style
✅ The correct answer is option B.
The leader acts as a liaison officer between the employees and the outside world is free-rein style. Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Mangers set objectives and employees are free to do whatever is appropriate to accomplish those objectives.

1385. The system is an orderly grouping of various components linked together to reach ______.

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A. a profit state
B. a specific objective
C. managers objective
D. Target
✅ The correct answer is option B.
The system is an orderly grouping of various components linked together to reach a specific objective. The word System is derived from Greek word Systema, which means an organized relationship between any set of components to achieve some common cause or objective.