December 2014 - Paper 3

16:  

Which one of the following is not included in the distribution logistics?

A.

Order processing

B.

Inventory

C.

Warehousing

D.

Wholesaler

 
 

Option: A

Explanation :

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17:  

Consider the following statements :

1. A transport problem is said to be a balanced problem if the number of origins an destination is equal.

2. Dual theory of simplex method of LP can be used to solve a game theory problem.

3. CPM is often referred to as time-cost trade-off.

4. Time is not the only variable in PERT.

5. In a single-channel queuing models, if µ = λ, infinite queue will build up.

Indicate the correct code :

A.

Statements 2, 3 and 4 are true, other are not.

B.

Statements 2, 3 and 5 are true, other are not.

C.

Statements 1, 2 and 3 are true, other are not.

D.

All the statements are false.

 
 

Option: C

Explanation :

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18:  

Sensitivity training, an important OD technique, is also known as

A.

Core group training

B.

T-groups

C.

X-group training

D.

Y-group trainings

 
 

Option: B

Explanation :

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19:  

1. The last stage in the personal-selling process is 'closing the sale'.

2. In India, companies spend much less on post-testing than on pre-testing of advertising.

3. Market targeting is currently the most popular marketing approves.

4. According to RL Stevensen, everybody lives by selling something.

The true statements are

A.

All of the above

B.

None of the above

C.

Only 2 and 3

D.

Only 2, 3 and 4

 
 

Option: D

Explanation :

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20:  

The Constitution of India provides for Worker's Participation in Management under which article?

A.

Article 38

B.

Article 43

C.

Article 39

D.

Article 47

 
 

Option: B

Explanation :

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