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Question : Case Study:

ABC Pharmaceuticals believes in providing opportunities for skill development and growth for its employees. Which principle of scientific management is being exemplified here?

 

Option 1: Cooperation, not individualism

Option 2: Development of each person to their greatest efficiency

Option 3: Harmony, not discord

Option 4: Science, not the rule of thumb

Team Careers360 19th Jan, 2024

Correct Answer: Development of each person to their greatest efficiency


Solution : The correct answer is (b) Development of each person to their greatest efficiency.

This principle emphasizes the importance of developing employees to their maximum potential by enhancing their skills, knowledge, and efficiency through training, education, and growth opportunities. It focuses on optimizing individual capabilities to achieve higher levels of performance and contribute effectively to the organization's success.

 

8 Views

Question : Assertion: Scientific management principles aim to optimize worker output.

Reason: It promotes standardization and specialization in tasks.

 

Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

Option 2: Both are correct, but the reason is not the correct explanation.

Option 3: The assertion is correct, the reason is incorrect.

Option 4: The assertion is incorrect, the reason is correct.

Team Careers360 16th Jan, 2024

Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.


Solution : The correct option is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

The assertion states that scientific management principles aim to optimize worker output. This is true because the primary goal of scientific management, as proposed by Frederick Taylor and others, is to increase efficiency and productivity in the workplace, essentially optimizing worker output.

The reason provided is that it promotes standardization and specialization in tasks. This is also true and aligns with the principles of scientific management. Standardization and specialization help streamline processes, reduce inefficiencies, and optimize the way tasks are performed, ultimately leading to higher worker output and productivity. Therefore, the reason correctly explains why the assertion is true.

23 Views

Question : Case Study: XYZ Retail Company believes in providing clear and precise instructions to its employees to streamline operations. This aligns with which principle of management?

 

Option 1: Unity of direction

Option 2: Scalar chain

Option 3: Order

Option 4: Unity of command

Team Careers360 22nd Jan, 2024

Correct Answer: Order


Solution : The correct answer is (c) Order

The principle of order focuses on organizing resources and activities efficiently. It involves providing clear and specific instructions to employees to ensure smooth and efficient operations.

In summary, XYZ Retail Company providing clear and precise instructions to its employees to streamline operations aligns with the principle of "order," which involves organizing activities efficiently and providing clear guidelines for smooth operations within the organization.

 

13 Views

Question : Case Study:

XYZ Engineering uses fatigue study to understand the physical and mental strain experienced by employees during their tasks. Which technique of scientific management is being applied here?

 

Option 1: Fatigue Study

Option 2: Time Study

Option 3: Motion Study

Option 4: Method Study

Team Careers360 25th Jan, 2024

Correct Answer: Fatigue Study


Solution : The correct answer is (a) Fatigue Study

Fatigue study involves the study of employee fatigue and determining the appropriate rest intervals to improve productivity. It focuses on understanding the physical and mental strain experienced by employees during tasks, which aligns with the scenario.

In summary, XYZ Engineering using fatigue study to understand the physical and mental strain experienced by employees during their tasks aligns with the technique of "Fatigue Study," which involves studying and addressing employee fatigue to enhance productivity and efficiency.

 

7 Views

Question : Case Study 34

ABC Ltd. is a conglomerate planning to expand its operations. The company's management is considering the roles of SEBI in the financial market.

Question : 

Which of the following is not a function of SEBI?

Option 1: Regulatory functions
 

Option 2: Protective functions
 

Option 3: Allocation of resources

 

Option 4: Developmental functions

Team Careers360 24th Jan, 2024

Correct Answer: Allocation of resources

 


Solution : The correct answer is (c) Allocation of resources

Allocation of resources is not a function of SEBI. SEBI primarily focuses on regulatory, protective, and developmental functions within the securities market. The allocation of resources is a broader economic concept related to efficient distribution and utilization of resources in the economy, and it is not specifically a role of SEBI.

111 Views

Question :  Read the passage given below and answer the question that follows:
Once upon a time, a psychology professor walked around on a stage while teaching stress management principles to an auditorium filled with students. As she raised a glass of water, everyone expected they'd be asked the typical "glass half empty or glass half full" question. Instead, with a smile on her face, the professor asked, "How heavy is this glass of water I'm holding?" Students shouted out answers ranging from eight ounces to a couple of pounds. She replied, "From my perspective, the absolute weight of this glass doesn't matter. It all depends on how long I hold it.

If I hold it for a minute or two, it's fairly light. If I hold it for an hour straight, its weight might make my arm ache a little. If I hold it for a day straight, my arm will likely cramp up and feel completely numb and paralyzed, forcing me to drop the glass to the floor. In each case, the weight of the glass doesn't change, but the longer I hold it, the heavier it feels to me." As the class shook their heads in agreement, she continued, "Your stresses and worries in life are very much like this glass of water. Think about them for a while and nothing happens. Think about them a bit longer and you begin to ache a little. Think about them all day long, and you will feel completely numb and paralyzed incapable of doing anything else until you drop them."

Question:
Which of the following words could replace the word 'perspective' as used in the passage?

 

Option 1: pattern

Option 2: viewpoint
 

Option 3: yank
 

Option 4: obedience

Team Careers360 25th Jan, 2024

Correct Answer: viewpoint
 


Solution : The correct option is 2 i.e  "viewpoint."
Explanation:

 Let's examine what the word "perspective" means:
- Perspective: a specific angle from which to view something

- Let's examine the definitions of the words used in the choices.

-Pattern- is an organised or frequent way of doing something that has evolved over the past few years.

Viewpoint-Point of view or opinion expressed by a person

Yank - quickly pulled something with force.

Obedience-The quality or state of being submissive is called obedience.

Therefore, the word "viewpoint" could be used in place of "perspective" in the passage above.
 

20 Views

Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

The primary objective of ABC Retailers is to:

Option 1: Maximize profits
   

Option 2: Offer a wide range of trendy clothing options
  

Option 3: Provide outstanding customer service

   

Option 4: Expand into new markets

Team Careers360 10th Jan, 2024

Correct Answer: Offer a wide range of trendy clothing options
  


Solution : The correct answer is (b) Offer a wide range of trendy clothing options

Providing a wide range of trendy clothing options is a specific and relevant objective for a fashion apparel retailer like ABC Retailers. While maximizing profits is an important consideration for any business, the core focus of a fashion apparel store is typically to offer a diverse and attractive selection of clothing to meet customer preferences and needs. Providing outstanding customer service is essential, but it's often a means to achieve the broader objective of offering attractive clothing options. Expanding into new markets could be a strategic goal that supports the primary objective but may not be the primary objective itself.

20 Views

Question : Case Study: ABC Electronics encourages its employees to take the initiative and propose innovative ideas. This reflects the application of which principle of management?

 

Option 1: Unity of direction

Option 2: Order

Option 3: Initiative

Option 4: Discipline

Team Careers360 20th Jan, 2024

Correct Answer: Initiative


Solution : The correct answer is (c) Initiative

The principle of "Initiative" in management encourages employees to take proactive steps, make suggestions, and propose innovative ideas to improve processes, products, or services within the organization. ABC Electronics encouraging its employees to take the initiative and propose innovative ideas aligns with the principle of initiative, fostering a culture of creativity, innovation, and active participation among its workforce.

29 Views

Diploma in fire and safety management course achieved

mjaisinghani62 9th Jan, 2024

Hello pravind

Diploma in fire and safety management is a full time course , duration of the course is 1 to 2 years depending upon Institute rules.


Diploma holder in fire and safety management can work as safety officer, health and safety manager. In charge manager


Eligibility criteria- The candidate must has passed

Grade xii exam from any government recognized Institute.


Entrance exam-

There is no Entrance exam for pursuing this course.
The admission to the course is merit based


Colleges offering the course - IIFE , NAGPUR
NIFS new Delhi
IIET , hyderabad

NIFS andhra pradesh


Fees - The average fees is 35000 per annum






10 Views

Question : Case Study 28

GHI Enterprises is an established company that has recently listed its shares on a stock exchange. The company's management is considering different brokers for trading its shares.

Question :

After selecting a broker, what is the immediate next step in the trading process for GHI Enterprises?

Option 1: Placing an order
 

Option 2: Dematerialization
 

Option 3: Settlement

 

Option 4: Opening a demat account

Team Careers360 13th Jan, 2024

Correct Answer: Placing an order
 


Solution : The correct answer is (a) Placing an order

Placing an order involves specifying the details of the trade, including the type of security to be bought or sold, the quantity, the desired price, and any other relevant information. The broker then executes this order in the stock market on behalf of GHI Enterprises. Dematerialization and opening a demat account are essential steps in the broader trading process, but they usually occur before placing an order. Settlement is a subsequent step where the actual transfer of securities and funds occurs after a trade is executed. However, placing an order is the immediate next step right after selecting a broker.

 

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