The following are the types of collective bargaining 1. Conjunctive/Distributive Bargaining: In this type of bargaining, the employers and employees try to maximise their respective gains. Issues like wages, bonuses etc. are negotiated under conjunctive bargaining. Its identifying feature is that it operates under zero conditions i.e. “my gain is your loss and your gain is my loss”. The parties want Read More …
The following is not an essential element of organisation
Division of labour Human group Structure of relationships Budget and accounting system Answer 4. Budget and accounting system
If sales is Rs. 32,000, variable cost is Rs. 24,000, then profit-volume ratio will be :
50% 20% 32% None of these Answer 4. None of these
In statement of cost, realisable value of scrap is deducted from :
Works cost Cost of production Total cost Prime cost Answer 1. Works cost