This is an expected solution of the UPHESC-Commerce paper held on 30/10/2021. The answer key is UNOFFICIAL and it is made for information purposes only. 31. Which of the following statement is correct in regards to economic policy Fiscal policy is enacted by a national government. Monetary policy is enacted by a central bank. Select the correct answers from the Read More …
Category: COMMERCE MCQs
Which one of the following does not serve the main objective of performance appraisal?
Developmental uses Administrative uses Ethical and moral values Organisational objectives Answer 3. Ethical and moral values Explanation Ethical and moral values has nothing to do with performance appraisal. Performance appraisal is purely an organisational process which is conducted by the order of the management. performance appraisal is done inorder to evaluate the performance of employees. The information collected through Performance Read More …
Which of the following concepts, involves setting objectives and comparing performance against those objectives?
Performance Appraisal Merit Rating Management by Objectives Formulation of objectives and policies Answer 3. Management by Objectives Explanation The concept of MBO was given by Peter Drucker in 1954. It involves setting objectives and comparing performance against those objectives
Which of the following are the modern method of performance appraisal?
360-degree performance appraisal Graphic rating scale. Management by Objectives (MBO). Forced distribution method. Behaviourally Anchored Rating Scales (BARS). Select the correct answer from the codes given below: A. 1,2,3 B. 2,4,5 C. 1,3,5 D. 4,2,1 Answer C. 1,3,5 Explanation Modern Methods of Performance Appraisal are Assessment center method, human resource accounting method, behaviorally anchored rating scale (BARS) method, management by Read More …
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