56. It is very difficult to detect the source of which of the following form of communication?
(A) Lateral communication
(B) Upward communication
(C) Informal communication
(D) Vertical communication
Answer:
(C) Informal communication
Explanation:
Informal communication, commonly known as the “grapevine,” spreads through unofficial social networks, making it nearly impossible to trace the original source of the information.
57. Which of the following statements is correct?
(A) Training is concerned with maintaining and improving current job performance
(B) Development is a job-oriented process
(C) Development is a one time process
(D) Training is a one time process
Answer:
(A) Training is concerned with maintaining and improving current job performance
Explanation:
Training focuses on providing employees with the specific skills needed to improve their performance in their current roles, whereas development is a broader, long-term, career-oriented process.
58. “Profit, People & Planet” comes under which theory of CSR?
(A) Corporate social responsibility Theory
(B) Stakeholder theory
(C) The triple bottom line theory
(D) Shareholder theory
Answer:
(C) The triple bottom line theory
Explanation:
The Triple Bottom Line (TBL) is an accounting framework that incorporates three dimensions of performance: social (People), environmental (Planet), and financial (Profit).
59. ESOP stands for:
(A) Employee Stock Option Plan
(B) Employer Stock Option Plan
(C) Employee Safety Option Plan
(D) Employee Security Option Plan
Answer:
(A) Employee Stock Option Plan
Explanation:
An Employee Stock Option Plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company via stock options.
60. Saturation point comes in which stage of product lifecycle?
(A) Introduction
(B) Growth
(C) Maturity
(D) Obsolescence
Answer:
(C) Maturity
Explanation:
In the maturity stage, sales growth begins to slow down as the product reaches market saturation, meaning almost all potential buyers have adopted it.