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Describe some of the areas of everyday life where understanding of psychology can be put to practice.

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Important Questions on What is Psychology

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What is the law of variable proportions?
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Ms. Jayshree recently completed her Post Graduate Diploma in Human Resource Management and was appointed as the human resource manager of a large steel manufacturing company planning to expand by hiring 200 additional employees. She has been given complete charge of the company’s Human Resource Department. What steps should Ms. Jayshree take to perform her job efficiently?
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What does it mean to issue debentures at a discount and redeemable at a premium?
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Distinguish between training and development.
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What is the law of diminishing marginal product?
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What is the marginal product of an input?
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Which management concept ensures that each employee has only one direct supervisor?
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What is the meaning of ‘Debentures issued as a collateral security’?
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What is informal communication?
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Which function of management helps in building interpersonal relationships within the organization?
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Explain the concepts of the short run and the long run.
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Which style of leadership does not believe in use of power unless it is absolutely essential?
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Consider the demand curve D(p) = 10 – 3p. What is the elasticity at price 5/3?
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Suppose the price elasticity of demand for a good is –0.2. If there is a 5 % increase in the price of the good, by what percentage will the demand for the good go down?
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What does ‘Issue of debentures for consideration other than cash’ mean?
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Explain the significance of Taylor's Scientific Management.
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What does a bearer debenture mean?
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What is meant by a debenture?
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State the meaning of principles of management.
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Which of the following is an example of a financial objective of management?