The algebraic sum of deviation of a set of n values from A.M. is:

50% studentsanswered this correctly

Important Questions on Presentation of Data

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

Explain the significance of Taylor's Scientific Management.

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

What is the law of diminishing marginal product?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

What does ‘Issue of debentures for consideration other than cash’ mean?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

Which of the following is an example of a financial objective of management?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

What is meant by recruitment? How is it different from selection?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

A major insurance company handled recruiting, screening, and training processes for data entry/customer service representatives. Their competitor attracted most of the qualified potential employees in the market, and recruiting was made more difficult by the strong economy and the ‘jobseeker’s market.’ This resulted in the client choosing candidates with the ‘soft’ skills needed for the job but lacking the proper ‘hard’ skills and training. As an HR manager, what problems do you identify in the company’s recruitment process?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

What does a bearer debenture mean?

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

Explain the relationship between the marginal products and the total product of an input.

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

State the meaning of principles of management.

MEDIUM

Economics>Statistics in Economics>Presentation of Data>Textual and Tabular Presentation of Data

Explain the concepts of the short run and the long run.