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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