Management Archives

831. ________is a force to drive a person to action

A. motivation

B. coordination

C. co-operation

D. control

✅ The correct answer is option A.
Motivation is a force to drive a person to action. Motivation is the word derived from the word ‘motive’ which means needs, desires, wants or drives within the individuals. It is the process of stimulating people to actions to accomplish the goals.

832. Type of option that gives right to buyer to buy underlying option at specific exercise price is considered as

A. European option

B. Australian option

C. call option

D. put option

✅ The correct answer is option C.
Type of option that gives right to buyer to buy underlying option at specific exercise price is considered as call option. Call options are financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period.

833. Under point method, factor(s) generally considered are

A. Skill, effort, Accountability

B. Skill, job enrichment, accountability

C. Wage, job enrichment, accountability

D. Wage effort, accountability

✅ The correct answer is option A.
Under point method, factors generally considered are Skill, effort and Accountability. The point method is an extension of the factor comparison method. Each factor is then divided into levels or degrees which are then assigned points. Each job is rated using the job evaluation instrument. The points for each factor are summed to form a total point score for the job.

834. Which of these is not a factor causing weak synergy?

A. Underestimated weaknesses

B. Competitor activity

C. Premium paid

D. Making too many resources available to the integration program

✅ The correct answer is option D.
Making too many resources available to the integration program is not a factor causing weak synergy. Weak synergy was defined there as group performance that exceeds the performance of its average member when working alone.

835. Point system and factor comparison methods are placed under such category

A. Non

B. Quantitative job evaluation

C. Any of the above

Answer: Option B

✅ The correct answer is option B.
Point system and factor comparison methods are placed under Quantitative job evaluation. This is the most widely used method for job evaluation. It along with factor comparison method, involves a more detailed, quantitative and analytical approach to the measurement of job worth.

836. The process of developing an applicants’ pool for job openings in an Organisation is called

A. Hiring

B. Recruitment

C. Selection

D. Retention

✅ The correct answer is option B.
The process of developing an applicants’ pool for job openings in an Organisation is called Recruitment. Recruitment is the process of searching for prospective employees and stimulating them to apply the jobs in their organisation.

837. Markets in which derivatives are traded are classified as

A. assets backed market

B. cash flow backed markets

C. mortgage backed markets

D. derivative securities markets

✅ The correct answer is option D.
Markets in which derivatives are traded are classified as derivative securities markets. Derivative Securities Markets. Derivative securities (also called derivatives) are financial contracts whose values are derived from the values of underlying financial assets (such as securities).

838. If contribution margin per unit is $700 per unit and break-even per unit is $40, then fixed cost would be

A. $35,000

B. $28,000

C. $17,500

D. $82,000

✅ The correct answer is option B.
Fixed cost = Contribution margin per unit × Break-even per unit
= $700 × $40 = $28,000.

839. A structure of relationship is called as

A. organization

B. functions

C. team

D. group effort

✅ The correct answer is option A.
A structure of relationship is called as organization. An organizational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organization. These activities can include rules, roles, and responsibilities.

840. A leader who serves as the head of the family and treats his followers like his family members is _______.

A. paternalistic leader

B. intellectual leader

C. liberal leader

D. institutional leader

✅ The correct answer is option A.
A leader who serves as the head of the family and treats his followers like his family members is paternalistic leader. Paternalistic leadership is a managerial approach that involves a dominant authority figure who acts as a patriarch or matriarch and treats employees and partners as though they are members of a large, extended family. In exchange, the leader expects loyalty and trust from employees, as well as obedience.