८८० Marx
D:-Francis A, Walker
Correct Answer: Option ®

Question47:-"Wages represent the amount of value created in the production, which remains after payment has been made for all other factors of production”. This theory is popularly
known as.

‘AcSubsistence Theory
B:-Wage Fund Theory
C-Residual Claimant Theory
D-Marginal Productivity Theory
Correct Answer:- Option-C
Question48:-Hay profil 15 a method for
‘AcJob enrichment
B:-Job analysis
പ്പ rotation
D:-Job evaluation
Correct Answer:- Option-D
Question49:-Bedeaux Planis a
‘A Output based incentive plan
B:-Time based incentive plan
Profit sharing plan
D-None of the above
Correct Answer:- Option ®
QuestionS0:-Evaluating a person based on a single traitis known as
‘AcSimilarity error
B:-Halo error
C=Faulty assumptions
D:-Psychological blocks
Correct Answer:- Option ®
0050052: 8485 in performance appraisal means
‘AcBehavioural Aptitude Rating System
B:-Behavioural Anchored Rating Scale
C:Behavioural Attitude Ranking Scale
Behavioural Aptitude Rating Scale
Correct Answer:- Option ®
QuestionS2::Which of the following actionys are true with respect to corrective action in Performance Appraisal System ?
i. Correcting Deviations
ii. Changing Standards
‘AcNeither ior ii is true
B:-Both i and ii are true
C-Statement iis true and is false
Statement iis false and il is true
Correct Answer:- Option ®
QuestionS3:-A position from which someone is unlikely to move to a higher level is termed as
AcCareer goal
B:-Career path
Career progression
D:-Career plateau
Correct Answer:- Option-D
QuestionS4:-The concept of MBO was developeb ty
‘Ac Philip Kotler

B:-Henry Fayol