Engineering :: Business Management
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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 |
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Answer: Option D
Explanation:
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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 |
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Answer: Option D
Explanation:
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313. |
Emerson plan is based on |
A. |
standard time |
B. |
time save |
C. |
time worked |
D. |
none of the above |
Answer: Option C
Explanation:
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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 |
Answer: Option A
Explanation:
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315. |
Emerson plan awards bonus based on time |
A. |
which is standard |
B. |
Saved |
C. |
worked |
D. |
none of the above |
Answer: Option C
Explanation:
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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 |
Answer: Option C
Explanation:
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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 |
Answer: Option A
Explanation:
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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 |
Answer: Option B
Explanation:
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319. |
Process planning consists of |
A. |
specifying product details |
B. |
specifying quality standards |
C. |
specifying details of work |
D. |
none of the above |
Answer: Option C
Explanation:
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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 |
Answer: Option A
Explanation:
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