1. In investor\'s beginning portfolio balance was $25,000 in 2000 and the balance in 2012 was $87,461.What was the average rate of growth from 2000 to 2012? Solution Total growth in % = 87461 / 25000 = 349.844% Period = 12 years Let annual rate of growth be r % Then (1+r)^12 = 349.844%, which means r = 11% Hope this helped ! Let me know in case of any queries..

1. 1. In Maslow’s hierarchy of needs, what is the termused for the drive to become
what one is capable of becoming?
A. Perfection
B. Self-esteem
C. Hypo-glorification
D. Self-actualization
2. Ayesha has already presented two excellent reports. Thereport she has just
presented is clearly not as good as the first two reports, yetshe is given the same
high grade as before. What shortcut has the teacher used in thiscase?
A. The contrast effect
B. Stereotyping
C. The halo effect
D. Projection
3. Ali has just presented his paper and has done a reallygood job. Why should you
not want to present your own paper directly after he does?
A. To avoid the stereotyping effect
B. To avoid the contrast effect
C. To avoid the halo effect
D. To avoid the projection effect
4. Desires for associations with those who are significantto us, such as family
members, friends and colleagues are examples of which ofthe following
Alderfer’s needs?
A. Relatedness
B. Existence
C. Association
D. Esteem
5. Which of Maslow’s needs best approximatesMcClelland’s need for achievement?
A. Esteem
B. Self-actualization
C. Social
D. Physiological
6. An individual, who joins the armed services out of adesire to be involved in an
enterprise that requires a high degree of cooperation forsuccess, probably would
have high:
A. Need For Achievement

2. B. Need for power
C. Need for affiliation
D. Need for growth
7. Which of the following appears to be the combination ofneeds found in the best
managers?
A. High need for achievement, high need for Power
B. High need for achievement, low need for Power
C. Low need for Power, high need for achievement
D. High need for Power, low need for Affiliation
8. What is generally considered to be the single best thingthat managers can do to
improve performance?
A. Set specific, challenging goals to be achieved
B. Give abundant opportunities for employee growth
C. Allocate tasks depending onemployees’ personality
D. Restrict the use of punishment for motivatingworkers
9. MBO emphasizes translating overall organizationalobjectives into:
A. Capital and personal gains
B. Specific objectives
C. Operational units
D. Easy and understandable
10. What does MBO provide for the individual employee?
A. Precise job descriptions
B. Opportunity to earn higher salaries
C. Specific personal performance objectives
D. Guidance related to their career path
11. Which of the following is NOT a predictable choice whenemployees perceive an
inequity?
A. Change their inputs
B. Change their outcomes
C. Choose a different referent
D. Acquire more tenure
12. Which of the following concepts is INCONSISTENT with theexpectancy theory
of motivation?
A. Performance and rewards are related
B. Attractive rewards will motivate employees
C. One’s inputs and outputs are compared toanother’s

3. D. Effort is based upon expectation of appraisal
13.
You graduated from college two years ago and began workingat Omega
Electronics. You have received good performance evaluations anda raise. You
just found out that a recent college graduate with no experiencehas been hired at
a higher salary than you are now making. Which of the followingtheory will you
probably use to evaluate this situation?
A. Equity
B. Expectancy
C. Goal setting
D. Reinforcement
14. Which employees would be best suited to a challenging newassignment where
they would receive rapid feedback?
A. Employees who score high in the need for achievement
B. Employees who score high in the need for power
C. Employees who score high in the need foraffiliation
D. Employees who score low in both need for power andaffiliation
15. A trucking company routinely makes all of its office staffwork for a week in the
warehouse area; loading trucks, cleaning trucks, and doing otherwork which they
are capable of. This program is an example of which of thefollowing?
A. Job enlargement
B. Job rotation
C. Job enrichment
D. Job sharing
16. A company redesigns the jobs of the workers in accountsreceivables, so that
instead of simply billing customers, they will also beresponsible for following up
on non-payment, liaising between customers and the departmentsbilling them,
and other related tasks. What term would best be used todescribe these changes?
A. Job rotation
B. Job enlargement
C. Job enrichment
D. Job sharing
17. An organization ties its compensation for front-lineoperations managers to
developing their skills in leadership, workforcedevelopment, and functional
excellence. What is this sort of compensation scheme called?
A. Skill-based pay

4. B. Job-based pay
C. Training-based pay
D. Merit-based pay
18. Why are flexible benefit plans consistent with expectancytheory’s thesis?
A. They allow organizations to minimize costs associatedwith benefits
B. They provides a suite of tangible rewards that can beoffered as motivation
C. Organizational rewards should be linked to eachindividual employee’s goals
D. They make employment at firms providing such programsmore attractive
19. Fiza only makes minimum wage, but she loves her job. Hersupervisor regularly
compliments her and she has been chosen employee of the monthtwice this year.
Which of the following is Fiza’s attitude most likely afunction of?
A. Recognition
B. Goal setting
C. Involvement
D. Reactance
20. ALAM Industries manufactures parts for furniture. Managementhas decided to
change the method of payment to a skill-based plan. You areinterested in
increasing your current compensation and see this as anopportunity. You should
expect to earn more if you:
A. Volunteer for overtime
B. Increase your production
C. Cross train in other jobs
D. Become a specialist
Solution
Question Details:
1. In Maslow’s hierarchy of needs, what is the termused for the drive to become
B. Self-esteem
2. Ayesha has already presented two excellent reports. Thereport she has just
presented is clearly not as good as the first two reports, yetshe is given the same
high grade as before. What shortcut has the teacher used in thiscase?
A. The contrast effect
3. Ali has just presented his paper and has done a reallygood job. Why should you
not want to present your own paper directly after he does?
A. To avoid the stereotyping effect

5. 4. Desires for associations with those who are significantto us, such as family
members, friends and colleagues are examples of which ofthe following
Alderfer’s needs?
A. Relatedness
5. Which of Maslow’s needs best approximatesMcClelland’s need for achievement?
B. Self-actualization
6. An individual, who joins the armed services out of adesire to be involved in an
enterprise that requires a high degree of cooperation forsuccess, probably would
have high:
B. Need for power
7. Which of the following appears to be the combination ofneeds found in the best
managers?
A. High need for achievement, high need for Power
8. What is generally considered to be the single best thingthat managers can do to
improve performance?
C. Allocate tasks depending onemployees’ personality
D. Restrict the use of punishment for motivatingworkers
9. MBO emphasizes translating overall organizationalobjectives into:
C. Operational units
10. What does MBO provide for the individual employee?
C. Specific personal performance objectives
11. Which of the following is NOT a predictable choice whenemployees perceive an
inequity?
D. Acquire more tenure
12. Which of the following concepts is INCONSISTENT with theexpectancy theory
of motivation?
D. Effort is based upon expectation of appraisal
13.
You graduated from college two years ago and began workingat Omega
Electronics. You have received good performance evaluations anda raise. You
just found out that a recent college graduate with no experiencehas been hired at
a higher salary than you are now making. Which of the followingtheory will you
probably use to evaluate this situation?
A. Equity
B
14. Which employees would be best suited to a challenging newassignment where

6. they would receive rapid feedback?
A. Employees who score high in the need for achievement
15. A trucking company routinely makes all of its office staffwork for a week in the
warehouse area; loading trucks, cleaning trucks, and doing otherwork which they
are capable of. This program is an example of which of thefollowing?
B. Job rotation
16. A company redesigns the jobs of the workers in accountsreceivables, so that
instead of simply billing customers, they will also beresponsible for following up
on non-payment, liaising between customers and the departmentsbilling them,
and other related tasks. What term would best be used todescribe these changes?
A. Job rotation
17. An organization ties its compensation for front-lineoperations managers to
developing their skills in leadership, workforcedevelopment, and functional
excellence. What is this sort of compensation scheme called?
B. Job-based pay
18. Why are flexible benefit plans consistent with expectancytheory’s thesis?
A. They allow organizations to minimize costs associatedwith benefits
19. Fiza only makes minimum wage, but she loves her job. Hersupervisor regularly
compliments her and she has been chosen employee of the monthtwice this year.
Which of the following is Fiza’s attitude most likely afunction of?
B. Goal setting
20. ALAM Industries manufactures parts for furniture. Managementhas decided to
change the method of payment to a skill-based plan. You areinterested in
increasing your current compensation and see this as anopportunity. You should
expect to earn more if you:
B. Increase your production
1. In Maslow’s hierarchy of needs, what is the termused for the drive to become
B. Self-esteem
2. Ayesha has already presented two excellent reports. Thereport she has just
presented is clearly not as good as the first two reports, yetshe is given the same
high grade as before. What shortcut has the teacher used in thiscase?
A. The contrast effect
3. Ali has just presented his paper and has done a reallygood job. Why should you
not want to present your own paper directly after he does?
A. To avoid the stereotyping effect
4. Desires for associations with those who are significantto us, such as family

7. members, friends and colleagues are examples of which ofthe following
Alderfer’s needs?
A. Relatedness
5. Which of Maslow’s needs best approximatesMcClelland’s need for achievement?
B. Self-actualization
6. An individual, who joins the armed services out of adesire to be involved in an
enterprise that requires a high degree of cooperation forsuccess, probably would
have high:
B. Need for power
7. Which of the following appears to be the combination ofneeds found in the best
managers?
A. High need for achievement, high need for Power
8. What is generally considered to be the single best thingthat managers can do to
improve performance?
C. Allocate tasks depending onemployees’ personality
D. Restrict the use of punishment for motivatingworkers
9. MBO emphasizes translating overall organizationalobjectives into:
C. Operational units
10. What does MBO provide for the individual employee?
C. Specific personal performance objectives
11. Which of the following is NOT a predictable choice whenemployees perceive an
inequity?
D. Acquire more tenure
12. Which of the following concepts is INCONSISTENT with theexpectancy theory
of motivation?
D. Effort is based upon expectation of appraisal
13.
You graduated from college two years ago and began workingat Omega
Electronics. You have received good performance evaluations anda raise. You
just found out that a recent college graduate with no experiencehas been hired at
a higher salary than you are now making. Which of the followingtheory will you
probably use to evaluate this situation?
A. Equity
B
14. Which employees would be best suited to a challenging newassignment where
they would receive rapid feedback?

8. A. Employees who score high in the need for achievement
15. A trucking company routinely makes all of its office staffwork for a week in the
warehouse area; loading trucks, cleaning trucks, and doing otherwork which they
are capable of. This program is an example of which of thefollowing?
B. Job rotation
16. A company redesigns the jobs of the workers in accountsreceivables, so that
instead of simply billing customers, they will also beresponsible for following up
on non-payment, liaising between customers and the departmentsbilling them,
and other related tasks. What term would best be used todescribe these changes?
A. Job rotation
17. An organization ties its compensation for front-lineoperations managers to
developing their skills in leadership, workforcedevelopment, and functional
excellence. What is this sort of compensation scheme called?
B. Job-based pay
18. Why are flexible benefit plans consistent with expectancytheory’s thesis?
A. They allow organizations to minimize costs associatedwith benefits
19. Fiza only makes minimum wage, but she loves her job. Hersupervisor regularly
compliments her and she has been chosen employee of the monthtwice this year.
Which of the following is Fiza’s attitude most likely afunction of?
B. Goal setting
20. ALAM Industries manufactures parts for furniture. Managementhas decided to
change the method of payment to a skill-based plan. You areinterested in
increasing your current compensation and see this as anopportunity. You should
expect to earn more if you:
B. Increase your production