UGC NTA NET/JRF Exam, Management, December-2021/June-2022

"Snowball sampling is a technique of building up a list or a sample of a special populations by using as initial set of members as informants.
• It is a non-probability sampling technique. It is extensively used where a population is unknown, rare and it is tough to choose subjects to assemble them as samples for research.

Correlation coefficient is independent of change of origin and scale, which means that if a quality is subtracted and divided y another quantity (greater than zero) form original variables,

then correlation coefficient between new variables U and V is same as correlation coefficient between x and y, i.e. corr(x, y) = corr(u, v).

"No detailed involvement with foreign customers" is not the disadvantage of international licensing.
• The process of granting a company the right to manufacture, market, and sell the products of another company in a foreign country is known as international licensing or foreign licensing. This kind of international licensing agreement is made by two businesses with different locations.
• There is no detailed involvement with foreign customers is an advantage of international licensing because licensing agreement overcome the risk of customers taste is new market.

The assumption of Theory of absolute and comparative advantage are:
• Countries are driven only by maximization of production and consumption.
• Only two countries are engages in the production and consumptions of just two goods.
• Labour is the only factor of productions that helps in converting the raw materials into finished products.
• In this theory, the transportation cost for shipping goods are ignored, and considers as nill and it is assumed that there is no transportation cost.

The factors that influence the flow of FDI can be the demand factor, supply factor and political or government factor.
• According to question, Resource availability is a supply factor that influence the flow of FDI whereas customer access, follow rivals, Exploitation of competitive advantage are demand factors that affect the flow of FDI.
Hence, Resource availability is not a demand factor that affect the flow of FDI.

An investment in the form of controlling ownership in a business, real estate, or productive assets like factories in one country by a company based in another country is known as a Foreign Direct Investment (FDI) as per option (b) in question Indian energy company buying territory abroad for finding oil reserves is a type of direct investment so, option (b) is the correct options.

Diffusion of Innovation (DOI) theory developed by E.M. Rogers in 1962, this theory explains the rate at which new ideas and technology spread.
• It is used extensively by marketers to understand the rate at which consumers are likely to adopt a new product or service.
• According to this theory, there are five adopter categories,
Innovators 2.5%
Early adopters 13.5%
Early majority 34%
Late majority  34%
Laggards 16%

The (GEI) Global Entrepreneurship Index is an annual index that measures the health of entrepreneurship ecosystem in 137 countries.
• It is issued by "The global entrepreneurship and development institute." • Currently, USA's rank is I (first) in highest level of entrepreneurial activity, represented by Global Entrepreneurship Index.

The first and foremost important feature for a project to be successful is that it should have a market.

'Performance and Credit Rating Scheme' on performance and credit rating has been launched by union MSME Ministry to assess the credit worthiness and capabilities of industries in the sector. It was launched in the year 2005.