What are the criteria of development?
Standard criteria for evaluating a country’s level of development are income per capita or per capita gross domestic product, the level of industrialization, the general standard of living, and the amount of technological infrastructure.
Who believes income to be the only criteria of development?
(a) According to Meier and Baldwin, “If an increase in per capita income were taken as the measure of development, we would be in the awkward position of having to say that a country had not developed if its real national income had risen, but population has also risen at the same time.”
What is the most appropriate base of measuring development of a country?
Per capita income is the most appropriate base to measure the development of a country.
Which is the single most important attribute of a developed country?
High level of per capita income i.e. total income of the country divided by its total population is one of the most important attribute of developed country.
What is considered to be one of the most important attributes for development?
Solution: For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. The average income is also called per capita income.
What is the general transformation cycle for information?
The main transformation cycle for information is “data, information, knowledge”.
Which of the following transformation cycle for information is correct?
The general transformation cycle for information is: data to information to knowledge. knowledge to data to information.
What among the following are the primary characteristics that information must process?
Characteristics of Information :Following are the essential characteristic features : i) Timeliness : Timeliness means that information must reach the recipients within the prescribed timeframes. ii) Accuracy : Information should be accurate. It means that information should be free from mistakes, errors &, clear.
Which is correct for MIS?
Discussion Forum
| Que. | Which is the correct for MIS: |
|---|---|
| c. | communication process wherein data is converted into information |
| d. | All of the above |
| Answer:communication process wherein data is recorded, stored, processed and retrieved for managerial decision-making |
What is associated with product risk?
Product risk is the possibility that the system or software might fail to satisfy or fulfill some reasonable expectation of the customer, user, or stakeholder. (Some authors also called the ‘Product risks’ as ‘Quality risks’ as they are risks to the quality of the product.)
What is ignoring risk?
At risk of stating the obvious, losing money never feels good. In fact, research has found that investors tend to fear losses twice as much as they enjoy gains. This behavioral bias is known as “loss aversion.”
What is a good cardiac risk score?
Cardiac Risk Assessment
| Calculated 10-Year Risk | Risk Category |
|---|---|
| Less than 5% | Low |
| 5% to 7.4% | Borderline |
| 7.5% to 19.9% | Intermediate |
| Greater than 20% | High |
What is a good HCC risk score?
Risk scores generally range between 0.9 and 1.7, and beneficiaries with risk scores less than 1.0 are considered relatively healthy.