December 2014 - Paper 3

1:  

In ________ grapevine, a person transmits the information to a few selected people and some of them pass it on to select others.

A.

Cluster

B.

Gossip

C.

Probability

D.

'Single-strand chain'

 
 

Option: A

Explanation :

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2:  

Choose the correct statements :

(a) Job-evaluation is used to determine compensation

(b) Job-induction is not a type of training

(c) Job-enrichment is referred to as vertical job loading,

(d) Job-enlargement is referred to as vertical job loading

A.

(a) and (d) are true.

B.

(b) and (d) are true.

C.

(c) and (a) are true.

D.

(c) and (d) are true.

 
 

Option: C

Explanation :

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3:  

According to Eclectic theory of Foreign Direct Investment (FDI), the motivation behind FDI is/are

A.

Capital and labour adequacy

B.

Raw material and labour adequacy

C.

Ownership, location and internalisation

D.

Labour, capital market and internalisation

 
 

Option: C

Explanation :

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4:  

"Mature Industries tend to go out of own country and into low-cost assembly location" Which of the following theory/model explain this?

A.

Adam Smith's theory of absolute advantage

B.

Porter's diamond model

C.

Raymond Vermon's international product lifecycle theory

D.

Heckscher-Ohlin theory of international trade

 
 

Option: A

Explanation :

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5:  

When a firm uses more short-term financing, than that required to finance, the temporary or variable current assets, the firm is said to follow :

A.

a conservative approach of financing

B.

an aggressive approach of financing

C.

a matching approach of financing

D.

a moderate approach of financing

 
 

Option: B

Explanation :

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