Management Notes

Reference Notes for Management

In Continuous manufacturing system, we need:

In Continuous manufacturing system, we need:

In Continuous manufacturing system, we need:

 Options:

A. General purpose machines and Skilled labours
B. Special machine tools and highly skilled labours
C. Semi automatic machines and unskilled labours
D. General purpose machines and unskilled labours.

The Correct Answer Is:

B. Special machine tools and highly skilled labours

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Free international trade maximizes world output through

Free international trade maximizes world output through

Free international trade maximizes world output through

 Options:

A. countries specializing in production of goods they are best suited for.
B. reduction in taxes.
C. increased factor income.
D. encouraging competition.

The Correct Answer Is:

  • A. countries specializing in production of goods they are best suited for.

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