Mba-Semester 1

4434 Words Jun 9th, 2014 18 Pages
1. It is a cultural attitude marked by the tendency to regard one’s own culture as superior to others
a. Geocentrism
b. Polycentrism
c. Ethnocentrism
d. Egocentrism

Answer: Option ‘c’- Ethnocentrism.

2. It is the systemic study of job requirements & those factors that influence the performance of those job requirements
a. Job analysis
b. Job rotation
c. Job circulation
d. Job description

Answer: Option ‘a’ – Job Analysis

3. This Act provides an assistance for minimum statutory wages for scheduled employment
a. Payment of Wages Act, 1936
b. Minimum Wages Act, 1948
c. Factories Act, 1948
d. Payment of Gratuity act, 1972

Answer: Option ‘b’ – Minimum Wages Act, 1948.

4. is the actual posting of an employee to a
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A learning exercise representing a real-life situation where trainees compete with each other to achieve specific objectives

a. Executive development
b. Management game
c. Programmed learning
d. Understudy

Answer: Option ‘b’ – Management Game

Part Two:

1. What is the importance of Career Planning in industry?

Answer:
Career planning is the process by which one selects career goals and the path to these goals. The major focus of career planning is on assisting the employees achieve a better match between personal goals and the opportunities that are realistically available in the organization. Career programs should not concentrate only on career growth opportunities. There may not be enough high level positions to make upward mobility a reality for a large number of employees. Hence, career planning efforts need to pinpoint and highlight those areas that offer psychological success instead of vertical growth.
Every Employee has a desire to grow and scale new heights in his workplace continuously. If there are enough opportunities, they can pursue their career goals and exploit their potential fully. They feel highly motivated when the organization shows them the clear path as how they can meet their personal ambitions while trying to realize corporate goals. Unfortunately, as pointed out by John Leach, organizations do not pay adequate attention to this aspect in actual practice for a variety of reasons. The demands of employees
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