Resource Management and Consumer Issues Questions and Answers

161.

The following tools are used for performance appraisal :

I. TQM
II. BARS
III. BEP
IV. RATING SCALE
V. PROCESS CHART
Code :

A.I, II and IV
B.II, IV and V
C.V, IV and III
D.III, I and V

Exam Year(s)

UGC NET - 2013,

Answer: B

The key accepts BARS, rating scale and process chart. Behaviourally anchored rating scales (BARS) and graphic rating scales are both well known performance appraisal tools. Break-even point (BEP) is a financial analysis tool, which rules out the options containing III. Of the remaining combinations, the key chooses II, IV and V, and TQM, a quality management philosophy rather than an appraisal instrument, is left out. Strictly, a process chart is a work-flow tool, but by elimination the key choice B is the one the setter holds correct.

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162.

The order of components of workers input given by Bratton, is as below :

I. Cognitive component
II. Temporal component
III. Physical component
IV. Affective component
Codes :

A.I, II, III, IV
B.IV, I, II, III
C.III, IV, I, II
D.I, III, II, IV

Exam Year(s)

UGC NET - 2013,

Answer: B

The key gives the order of the components of workers' input, according to Bratton, as affective, cognitive, temporal and physical, which is IV, I, II, III. The affective component is feelings and attitudes, the cognitive is knowledge, the temporal is time, and the physical is energy and effort. Option B reproduces the order the setter holds, and the other options arrange the four components differently.

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163.

Assertion (A) : The system theory's doctrine is that the whole of an entity is more than the sum of its parts.

Reason (R) : This is based on cooperative synergistic working of members which is called PERT.
Code :

A.(A) is correct, but (R) is false.
B.(R) is correct, but (A) is false.
C.Both (A) and (R) are correct.
D.Both (A) and (R) are false.

Exam Year(s)

UGC NET - 2013,

Answer: A

The Assertion is correct and the Reason is false. Systems theory holds that the whole of an entity is greater than the sum of its parts, because of the interaction among them. The cooperative working of members which gives that extra effect is called synergy, not PERT, which is a project scheduling technique. So option A is correct. The idea comes from general systems theory, where the interaction of parts creates properties that no single part has. A project scheduling method such as PERT sets activity timelines and is unrelated to this synergy.

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164.

Assertion (A) : Role of entrepreneur and manager is the same.

Reason (R) : Both are risk takers and work for profit for an organizations.
Codes :

A.(A) and (R) are correct.
B.(A) and (R) are incorrect.
C.(A) is correct and (R) is incorrect.
D.(A) is incorrect and (R) is correct.

Exam Year(s)

UGC NET - 2013,

Answer: B

Both statements are incorrect. The roles of an entrepreneur and a manager are not the same: the entrepreneur starts the enterprise, takes risk and innovates, while the manager runs it and works for a salary. The Reason is also incorrect, because managers do not usually bear the risk of the business. So option B is correct. An entrepreneur is an innovator and owner who organises the enterprise and bears the risk of profit or loss, whereas a manager is an employee who carries out the plan and is paid a salary. Because the roles differ, the claim in the Assertion fails.

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165.

Write the sequence of steps followed under throughout process management.

I. Sequencing
II. Activating
III. Implementing
IV. Prioritizing
V. Planning
VI. Adjusting
VII. Controlling
VIII. Checking
Codes :

A.I, V, IV, VII, VI, VIII, II, I
B.V, IV, I, III, II, VII, VIII, VI
C.III, II, I, V, VI, VIII, VII, IV
D.VII, VI, VIII, IV, I, III, II, V

Exam Year(s)

UGC NET - 2013,

Answer: B

The key gives the steps of management of a process as planning, prioritising, sequencing, implementing, activating, controlling, checking and adjusting. That is V, IV, I, III, II, VII, VIII, VI, which is option B. Planning comes first, then decisions about priorities and sequence, then action, and after that the control, checking and adjustment steps close the cycle. The other options start with implementation or control and are out of order.

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166.

Match List - I with List - II.

List - I	List - II
(a) Utility	(i) Availability
(b) Accessibility	(ii) Alternative uses
(c) Interchangeability	(iii) Replaced
(d) Substitution	(iv) Value or worth
	(v) Not given
	(vi) Change

Code :
(a) (b) (c) (d)

A.(iv) (ii) (v) (iii)
B.(v) (iv) (ii) (iii)
C.(ii) (iv) (vi) (i)
D.(iv) (i) (ii) (iii)

Exam Year(s)

UGC NET - 2013,

Answer: D

The correct matching is a-iv, b-i, c-ii, d-iii, which is option D. Utility means value or worth, accessibility means availability, interchangeability means alternative uses, and substitution means that something is replaced. The other options give utility, accessibility or substitution an unrelated meaning, such as 'not given' or 'change'. Home management uses these terms when discussing resources: a resource is valued for its utility, may differ in availability, can often be used in more than one way, and can be replaced by a substitute.

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167.

Match List - I with List - II.

List - I	List - II
(a) Knowledge applied for solutions of problem	(i) Intelligence
(b) Human quality contributes flexibility in living	(ii) Judgment
(c) Ability to distinguish between alternatives	(iii) Adaplability
(d) Willingness to take the lead	(iv) Enthusiasm
(e) Well balanced health	(v) Initiative
	(vi) Accessibility

Code :
(a) (b) (c) (d) (e)

A.(i) (iii) (ii) (v) (iv)
B.(i) (vi) (v) (ii) (iii)
C.(vi) (ii) (iii) (v) (iv)
D.(v) (ii) (i) (iii) (vi)

Exam Year(s)

UGC NET - 2013,

Answer: A

The correct matching is a-i, b-iii, c-ii, d-v, e-iv, which is option A. Knowledge applied for solving problems is intelligence, the quality that gives flexibility in living is adaptability, the ability to distinguish between alternatives is judgment, willingness to take the lead is initiative, and well-balanced health goes with enthusiasm. Other options use accessibility or reverse pairs.

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168.

The approach to management which is an effort to control costs of storage space, time and effort

A.MBO
B.TQM
C.JIT
D.Contingency approach

Exam Year(s)

UGC NET - 2014,

Answer: C

The approach that tries to control the costs of storage space, time and effort is JIT, just in time.

JIT supplies materials and goods only when they are needed, so inventory is small, little storage space is needed and time and effort are saved.

MBO (option A) is management by objectives, TQM (option B) concerns continuous quality improvement, and the contingency approach (option D) holds that the best method depends on the situation. None of these is mainly an effort to cut the cost of storage.

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169.

A step in management process which consists of series of individual purposive decisions which follow a sequence or pattern is

A.Planning
B.Organising
C.Coordinating
D.Evaluating

Exam Year(s)

UGC NET - 2014,

Answer: A

A step in the management process made up of a series of purposive decisions that follow a sequence or pattern is planning.

Planning sets objectives and decides, in order, what is to be done, how, when and by whom. Each decision is made with a purpose and links to the next.

Organising (option B) arranges resources and people, coordinating (option C) harmonises their efforts, and evaluating (option D) checks results against plans. None of these is defined as a sequence of decisions in advance.

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170.

Which of the following are nonconventional energy resources ?

I. Solar Energy
II. Wind energy
III. Ocean energy
IV. Geothermal energy
V. Petrochemical energy
Codes :

A.I, II, III & IV
B.I, II, IV & V
C.II, III, IV & V
D.I, II, III & V

Exam Year(s)

UGC NET - 2014,

Answer: A

The nonconventional energy resources are solar, wind, ocean and geothermal energy, so I, II, III and IV.

These are renewable and continuously replenished by natural processes.

Petrochemical energy (V) comes from petroleum, a fossil fuel, so it is conventional. Options B, C and D, which include it, are wrong.

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