contemporary Issues

Chapter 10: Contemporary Issues

Very Short Question Answer of Contemporary Issues 1.Define the meaning of privatization. Privatization means the transfer of government assets and activities to the private sector. In other words, it is the involvement of private sector in the management of the public enterprise, or to sell, or lease it, or transfer government ownership to private ownership. […]

Chapter 9: Government Finance

Very Short Question Answer 1. Define the government budget. Government budget is defined as the estimate of income and expenditure by government for the coming fiscal year. 2. What are contains of the government budget? Contains of the budget are as follows: i. Actual income and expenditure of the previous fiscal year. ii. Revised income […]

Chapter-7: Groups and Teams In Organization

Very short Question and Answer 1.  What is a technical view of group dynamics? Groups have properties of their own that are different from the properties of the individuals who make up the group. The special properties of groups are illustrated by a simple lesson in mathematics. Suppose we say ‘one plus one equals three. […]

Chapter-6: Motivation

Very Short Question and Answer 1. State two characteristics of motivation. The characteristics/ features of motivation are enlisted as follows: Motivation is continuous in nature.  Motivation can either be positive or negative. 2. What are the characteristics of the people with the need for affiliation? The people having a high need for affiliation have the […]

Chapter 6: Inflation

Very Short Question Answer 1.  What is meant by inflation? Inflation is a persistent and appreciable rise in general price level or decline in the value of money. It implies that there exist inverse relationship between price level and value of money. 2. How many types of inflation on the basis of speed? On the […]

Chapter-5 Personality

Very Short Question and Answer 1. What is a personality trait? In recent years researchers have identified five fundamental personality traits that are especially relevant to organizations are as follows: Extroversions Agreeableness Conscientiousness Emotional stability Openness to experience 2. State two nature of personality. The two natures of personality are stated as follows: It is […]

Chapter 5: Income Determination Model

Very Short Question Answer 1. Who developed IS-LM model? IS-LM model was developed by J.R. Hicks in 1937 A.D. 2. Define IS curve. IS curve is defined as the locus various combinations of rate of interest and level of income which gives product market equilibrium. 3. Define LM curve. LM curve is the locus of […]

Chapter-4: Learning

Very Short Question and Answer 1. What are the components of learning? The primary components of learning are listed below: Change Relatively permanent Experience Reinforcement 2. 2075 Q.No. 4 What is the ‘O’ factor? Organism (O) factors are intimately related to the individual and his/her psychological and physiological state. The mental state is a psychological […]

Chapter-3: Perception

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 […]

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 […]