Very Short Question and Answer 1. What is the outcome of perception? The major outcomes of perception are as follows: The behavioural outcome may come either in term of overt or covert ways. Overt behaviour is physical in nature. For example, an employee may move rapid or slow. Covert behaviour is emotional in nature. For […]
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Chapter-2: Understanding Individual Behaviour
Very Short Question and Answer 1. Define cognitive process. The cognitive process refers to a situation involving conflicting attitudes beliefs or behaviour. This is the feeling of uncomfortable tension which comes from holding conflicting thoughts in the mind at the same time. It is used to individuals perceive the people and objects around them affect […]
Chapter-1: Introduction to Organizational Behaviour
Very Short Question and Answer 1. Point out the group-level input variables of the OB system. The major group level input variables are enlisted as follows: Size of group Group composition Role status. Norms and value Group cohesiveness 2. Point out the organization-level input variables of the OB system. The organization-level input variables of the […]
Chapter 4: Kaynesian Macroeconomics
Very Short Question Answer 1. What is the main cause of unemployment according to Keynes? According to Keynes, the main cause of unemployment is deficiency of aggregate demands in the economy. The decrease in aggregate demand results decrease in output, which results unemployment in the economy. 2. What are the causes of declining MEC? The […]
Chapter 3: Classical Theory of Employment
Very Short Question Answer 1. What is unemployment? Unemployment is defined as the non-availability of jobs or works for people who are able and willing to work at the existing wage rate. It is a problem to both developed and developing countries. It creates problems like poverty, inequality, robbery, prostitution, theft, crime etc. 2. What […]
Chapter 2: National Income Accounting
Very Short Question Answer 1. What is meant by two sector economy? The economy which consists of only household and business sectors is called two sector economy. This is hypothetical concept. This is also known as the two sector closed economy. 2. Define the meaning of three sector economy. The economy which consists of household, […]
Chapter 2: Women Entrepreneurship
Brief Answer Questions 1. Mention any four problems of women entrepreneurship. [2] The four problems of women entrepreneurship are mentioned as follows: Lack of finance High competition Limited mobility Lack of skill and education 2. Define women entrepreneurship. Women entrepreneurship is the process, where women organize all the factors of production, undertake, risks and provide […]
Chapter 1- Introduction to Macroeconomics
Very Short Question Answer 1. What is Macroeconomics? Macroeconomics is the branch of economics which deals with economy as a whole. In other words, it is the study very large economy-wide aggregate variables like national income, money, price level, unemployment, economic growth rates etc. 2. Point out the scope of microeconomics. The scope of macroeconomics […]