My first Magazine HRegatta_Edition 8 | Page 23

The HR & OB Society Q4) X is an unethical practice seen in organizations, political parties etc. Catholic Popes, up until the 17 th Century, often accorded their nephews certain positions of preference as they had no sons of their own given their vow of chastity. Thus, X came to be derived from the Latin word for ‘nephew’. X? Q5) A _________ offer is an irrefutable takeover offer made to a target company by an acquiring company. Typically, the acquisition price's premium is extremely generous compared to the prevailing market price. Therefore, if the target company's management refuses the offer, shareholders may initiate lawsuits or other forms of revolt against the target company. Q6) This company was founded by two Danish engineers in 1938 in Mumbai, India. The company is the only Indian company to feature in the top 50 in Forbes’ Global 2000: World’s Best Employers list for 2018. It operates in the areas of engineering, construction, IT, financial services, shipbuilding, defence and real estate among others. Q7) The ____ effect is a cognitive bias in which consumers’ attribute disproportionately high value to a product which they themselves partially created. It had existed even before being officially named, an example was the instant cake mix marketed in the 1950s which faced resistance because homemakers felt that their skill and effort was undervalued. In response, producers included the extra step of “adding an egg” which increased cake mix sales. Q8) The stained-_____ _______ is the name given to the version of the original effect (in blanks) when referring to religious communities. It refers in particular to the leadership positions in the church and talks about positions of power in a church hierarchy. The term references the particular type of artwork commonly found in churches. The original effect is a commonly observed phenomenon in organizations globally and in India. Fill in the blanks. Q9) X was created by psychologists Joseph Luft and Harrington Ingham and is used as a technique for people to better understand their relationships with themselves and with others. It is a technique often used in corporate settings and in self-help groups. It is based on the idea that trust can be acquired by revealing information about yourself to others and then learning from their feedback. X? Faculty of Management Studies, Delhi 23