Explaining psychological tests for selecting human resource


Question 1) Write briefly:

(a) What do you mean by Sunk Cost.

(b) Write down the advantages of Break Even Analysis?

(c) What do you mean by Present Value of an Amount?

(d) Explain the essential qualifications of a good cost estimator?

(e) What are the different causes of depreciation?

(f) Write down the objectives of Human Resource Management?

(g) What are the benefits of Human Resource Planning?

(h) Why recruitment is called a positive process?

(i) What are the benefits of training and development?

(j) Define worker’s participation in management.

Question 2) Describe the concept of Economic Life of an asset.

Question 3) What is the difference between cost estimation and cost accounting?

Question 4) Describe different sub functions of human resource management that help in integration of human resource with the organisation.

Question 5) What do you mean by Promotion. What are the features of an ideal promotion policy?

Question 6) What is job satisfaction? Describe its significance.

Question 7) XYZ Company produces a product. It selling price is Rs. 15 per unit. At the sales of 24,000 units, its total cost is Rs. 2,00,000 and at the sales of 20,000 units, its total cost is Rs. 1,80,000. Find out the breakeven point in units.

Question 8) Describe different kinds of psychological tests used for selecting human resource.

Question 9) Describe Herzberg’s two factor theory of motivation.

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