Classical

Advanced Questions - Section 6

11:  

Which of the following statements about performance appraisal is not true?

A.

Companies use appraisal to encourage employee loyalty and commitment.

B.

Performance appraisal has become a tool to motivate and control workers.

C.

Performance appraisal reduces managerial control.

D.

Employees may be appraised on both objective and subjective measures.

 
 

Option: C

Explanation :

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12:  

Performance appraisal means evaluating an employee's performance relative to

A.

Established goods

B.

Fellow employees

C.

Job description requirements

D.

Performance standards

 
 

Option: C

Explanation :

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13:  

The gains from two nations depend on

A.

Domestic barter rates

B.

Difference in the domestic barter rates of the two countries

C.

Terms of trade

D.

Degree of absolute advantage

 
 

Option: D

Explanation :

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14:  

Average revenue curve will not touch 0 – X axis because it cannot be

A.

Positive

B.

Zero

C.

Negative

D.

None of the above

 
 

Option: B

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15:  

What is the basis for segmenting vitamin market?

A.

Age

B.

Place of distribution

C.

Formulation

D.

All of the above

 
 

Option: A

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