1000+ Business Management Interview Questions and Answers Pdf - 2

Question: 6

Emerson Plan is based on

(A) time worked

(B) time saved

(C) standard time

(D) none of the above

Ans: A

time worked

Question: 7

Barter system can work successfully when

(A) demand is equal to supply

(B) wants are limited

(C) society is developed

(D) people are fully educated

Ans: B

wants are limited

Question: 8

A joint sector undertaking

(A) is jointly owned by private parties and Government

(B) is jointly owned by State and Central Government

(C) is jointly owned by only two directors

(D) is jointly managed by several shareholders

Ans: A

is jointly owned by private parties and Government

Question: 9

Principal wage and salary issues are all concerned with

(A) filling open positions with the most qualified personnel available

(B) creating an equitable pay system

(C) getting the most labour for the industry’s expenditure

(D) all of these

Ans: B

creating an equitable pay system

Question: 10

Process planning consists of

(A) specifying details of work

(B) specifying quality standards

(C) specifying product details

(D) none of the above

Ans: A

specifying details of work

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