Question : It motivate the employees to contribute more to organisational effectiveness and efficiency. Which staffing process is highlighted in the given statement?
Option 1: Placement and orientation
Option 2: Training and development
Option 3: Performance appraisal
Option 4: Compensation
Correct Answer: Training and development
Solution : This step involves improving the job knowledge and competence of employees in order to enable them to perform their jobs efficiently.
Hence, option B is correct.
Question : Employees turnover should be minimised to to maintain organisational efficiency. Which of the following principles of management is being highlighted in the given statement?
Question : Concern for conservation of time, money and effort. Which competencies of entrepreneurship is highlighted here?
Question : Which of the following are the competencies of entrepreneurship?
Question : Statement 1: Entrepreneurship development leads to increased competition and market efficiency.
Statement 2: New businesses entering the market create choices for consumers and encourage existing firms to improve.
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