The Idea of Providing Factoring Services in India Was First

question 15

Multiple Choice

The idea of providing factoring services in India was first thought by -----

• A)Vaghul committee
• B)Malhotra Committee
• C)Tanden Committee
• D)None of these

Understand the strategic decision-making process involved in purchasing, leasing, and negotiating with suppliers.

Understand the purpose and application of a PERT diagram.

Comprehend the functionality and benefits of using Gantt charts for project management.

Recognize the importance and variety of benchmarks in business performance evaluation.

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Definitions:

Exit-Voice-Loyalty-Neglect

A model describing how individuals respond to dissatisfaction in organizations or relationships, choosing among exiting, voicing concerns, remaining loyal, or neglecting responsibilities.

Voice

An individual's expression of opinions or the ability to speak up in a group setting, often related to organizational feedback mechanisms.

Organizational Commitment

The psychological attachment and loyalty an employee feels toward their organization, often resulting in continued employment and high levels of effort.

Employee Involvement

A management philosophy that emphasizes the importance of employees making contributions to and participating in decisions that affect their work and the organization.