Which of the following is a correct statement?
| A. | Decrease in input prices causes a leftward shift in the supply curve |
| B. | The desire for a commodity backed by ability and willingness to pay is demand |
| C. | When income increases, the demand for essential goods increases more than proportionately |
| D. | The demand for a commodity is inversely related to the price of its substitutes |
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Option: B Explanation : Click on Discuss to view users comments. |
Financial Risk means
| A. | Risk of Technical insolvency |
| B. | Magnify the fluctuation in EBT |
| C. | Both (A) and (B) |
| D. | None of the above |
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Option: B Explanation : Click on Discuss to view users comments. |
Which of the following refers to a region-centric approach to staffing?
| A. | Dividing operations into several geographical regions and freely transferring staff between each region. |
| B. | Locals fill managerial positions in national subsidiaries. |
| C. | Filling all key positions with parent country nationals. |
| D. | Parent country nationals fill managerial positions at headquarters. |
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Option: A Explanation : Click on Discuss to view users comments. |
Recruitment and selection must be effective to ensure it
| A. | Offsets high labour turnover |
| B. | Delivers the highest calibre of individuals at optimum most |
| C. | To have a surplus in case of sickness and absence |
| D. | Encourages new blood into the organisation |
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Option: B Explanation : Click on Discuss to view users comments. |
