Question : Common property resources are characterized by:
Option 1: Private ownership and individual management
Option 2: Open access with no rules or regulations
Option 3: Collective management by a community or group
Option 4: Government control and centralization
Correct Answer: Collective management by a community or group
Solution : Common property resources are characterized by collective management by a community or group, with rules and norms established to ensure sustainable use and equitable access.
Question : The governance of common property resources involves:
Option 1: Unilateral decision-making by external authorities
Option 2: Democratic participation and collective management by the community
Option 3: Privatization and individual ownership of resources
Option 4: Centralized control by the government without community input
Question : Fill in the blanks- _________ means the transfer of ownership, management, and control of public sector enterprises to private enterprises.
Option 1: Liberalisation
Option 2: Privatisation
Option 3: Globalisation
Option 4: None of the above.
Question : Case Study: XYZ Tech Solutions encourages its employees to take ownership of their work and propose innovative solutions. This reflects the application of which principle of management?
Option 1: Centralization
Option 2: Initiative
Option 3: Discipline
Option 4: Centralization
Question : Case Study 75
ABC Corporation is a well-known company with its shares listed on a stock exchange. The company's management is reviewing the concept of dematerialization.
Question :
In dematerialization, what replaces physical share certificates?
Option 1: Trading orders
Option 2: Dividend checks
Option 3: Electronic records
Option 4: Ownership deeds
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile