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Management International Finance And Treasury Difficulty: Medium

______________ may be defined as a method of determining an optimum programme inter dependent activities in view of available resources. Considerthe following for the recognition of Trade Unions in India. Which of the following statement(s) is/are correct? 1. It allows the members to act as a bargaining agent during different processes of collective bargaining. 2. It is similar as the registration of the Trade Union and is important when there are multiple trade unions in an establishment. 3. Section 28A of the Trade Union Act, 1926 will allow the recognition of Trade Union at the Central and State. Who is an 'inspector' under the Payment of Wages Act for the purposes of factories in the local limit? When certain common needs of workers, such as provision of consumer items, creditJloan facilities are provided by the trade unions to their members through cooperatives, the method is called Match the following. List-I (Specific training methods) List-II (Qualities) a. On-the-job training 1. Under this method, trainee is separatly focussed on learning the material related to is future performance. b. Off-the-job training 2. Mostly, the executive training is done on the job. An executive is expected to learn his work while working. c. Understudy method 3. The executive under this method is assigned an understudy or an assistant who in addition to his regular duties is expected to acquire some familiarity with the tasks and practices of his supervisor. d. Role playing method 4. Under this method, an employee learns by playing role in drammatic setting which corresponds to his work.