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Engineering :: Business Management


311.  For a fact be considered as information, it must relate to a thing or circumstance and be:
A. Quantitatives B. Relevant
C. Objective D. Added knowledge
E. All of the above    

312.  The information used to evaluate how successful a manager is in achieving planned objectives in included
A. Profit plan or budgets B. Financial statements
C. Proforma statements D. Performance reports
E. None of the above    

313.  Emerson plan is based on
A. standard time B. time save
C. time worked D. none of the above

314.  The incentive plan which awards bonus to worker on the basis of time save in addition to certain base rate is
A. Halsey plan B. Rowan plan
C. Emerson plan D. none of the above

315.  Emerson plan awards bonus based on time
A. which is standard B. Saved
C. worked D. none of the above

316.  Retention of cost competitiveness is the function of
A. methods engineering B. finance department
C. production planning and control D. none of the above

317.  Scheduling gives information as to
A. when work should begin and how much work should be completed during certain period B. when the work should be completed
C. how the time for completing a work is minimized D. none of the above

318.  Dispatching is
A. determining how much work is to be done by operator B. instructing an operator to begin work
C. intrupting an operator for correction D. none of the above

319.  Process planning consists of
A. specifying product details B. specifying quality standards
C. specifying details of work D. none of the above

320.  A bonus plan in which allowance is determined in terms of time for each unit of output instead of money is
A. hour-for-hour plan B. group plan
C. Beedaux plan D. none of the above




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