Which of the following is not an assumption of theory X?
| A. | An average human being has an inherent dislike of work and will avoid it if he can. |
| B. | An average human being prefers to be directed, seeks to avoid responsibility, has relatively little ambition, and want security above all. |
| C. | An average human being learns under proper conditions, not only to accept responsibility but also to seek it. |
| D. | Most people must be coerced, controlled, directed and threatened with punishment to get them put forth adequate effort. |
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Option: C Explanation : Click on Discuss to view users comments. |
Which one is not the item of economic cost to the business?
| A. | Owner supplied resources. |
| B. | Market supplied resources. |
| C. | Implicit costs. |
| D. | Non-monetary opportunity costs of using owner supplied resources. |
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Option: B Explanation : Click on Discuss to view users comments. |
Under the provisions of the Industries (Development and Regulation) Act, 1951, a licence is necessary for
| A. | Changing the location of an existing industrial undertaking. |
| B. | producing or manufacturing a 'new article' in an existing industrial undertaking. |
| C. | Establishing a new undertaking. |
| D. | All of the above. |
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Option: D Explanation : Click on Discuss to view users comments. |
Indicate the ground on which a complaint under the Consumer Protection Act, 1986, shall be invalid.
| A. | A product having short weight. |
| B. | A service provided free of cost. |
| C. | A misleading advertisement given in newspaper. |
| D. | None of the above. |
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Option: B Explanation : Click on Discuss to view users comments. |
