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What is a balanced budget?

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Important Questions on Government Budget and the Economy

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Explain the significance of Taylor's Scientific Management.
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What is the law of diminishing marginal product?
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What does ‘Issue of debentures for consideration other than cash’ mean?
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Which of the following is an example of a financial objective of management?
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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.
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What is meant by recruitment? How is it different from selection?
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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?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What does a bearer debenture mean?
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Explain the relationship between the marginal products and the total product of an input.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
State the meaning of principles of management.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Explain the concepts of the short run and the long run.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is informal communication?
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Which function of management involves developing an organizational structure and allocating human resources?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is the law of variable proportions?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What does it mean to issue debentures at a discount and redeemable at a premium?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Explain the concept of a production function.
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is meant by a debenture?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is the meaning of ‘Debentures issued as a collateral security’?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
Which management concept ensures that each employee has only one direct supervisor?
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Economics>Macroeconomics>Government Budget and the Economy>Government Budget
What is the total product of an input?