NTA-NET (UGC-NET) Labour-Welfare, Industrial Relations & HRM (55): Questions 228 - 230 of 2071
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Question 228
Appeared in Year: 2016
Question MCQ▾
Which of the following statements is not correct? (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | Market of highly skilled workers exhibit systematic periods of booms and busts. | |
b. | Labour market equilibrium assumes that markets adjust instantaneously. | |
c. | Equilibrium always prevails in labour market. | |
d. | Wages and employment change swiftly from old equilibrium level to new equilibrium level. |
Question 229
Appeared in Year: 2016
Question MCQ▾
Which of the following statements are true about Herbert A. Simon՚s decision making process?
- Decision – making process involves intelligence, design, and choice activities.
- Decision – making involves choice between alternative plans of action.
- Bounded rationality has no significance in decision – making process.
- Satisficing model brings about a balance between individual an organisational value judgement in decision making process. (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | 1,2 is true | |
b. | 1,4 is true | |
c. | 1,2, 3 is true | |
d. | 1,2 and 4 are true |
Question 230
Appeared in Year: 2016
Question MCQ▾
The first of May in 1927 was for the first time celebrated as ‘Labour day’ at (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | Calcutta | |
b. | Ahmedabad | |
c. | Madras | |
d. | Bombay |