Management
Question : It refers to obedience to organisational rules and employment agreement which are necessary for working of the organisation. Which of the following principles of management is being highlighted in the given statement?
Option 1: Authority and responsibility
Option 2: Discipline
Option 3: Unity of command
Option 4: Unity of direction
Correct Answer: Discipline
Solution : Discipline refers to obedience to rules and regulations of the organisation which is necessary for systemattic working of the organisation. Discipline is must for all the enterprises and for all the levels.
Hence, option B is correct.
Question : Effective management of common property resources is essential to:
Option 1: Privatize and commercialize natural resources
Option 2: Prevent conflicts and ensure equitable access
Option 3: Centralize control over resource distribution
Option 4: Promote unrestricted exploitation of resources
Correct Answer: Prevent conflicts and ensure equitable access
Solution : Effective management of common property resources is essential to prevent conflicts and ensure equitable access, as it involves collective decision-making and responsible use by the community.
Question : Which of the following statement is correct? Statement 1- Symantec barrier occurs due to linguistic problem. Statement 2- Direction is called as management in action.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Correct Answer: Both are true
Solution : Symantec barrier occurs due to linguistic problem. Direction is called as management in action. Hence option A is correct .
Question : Assertion: A tall organizational structure promotes effective communication.
Reason: Tall structures have fewer levels of management, leading to quicker decision-making.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Solution : The correct answer is (b) Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
The assertion is true. A tall organizational
Question : Which of the following statement is correct? Statement 1- Divisional and department head belongs to top level of management. Statement 2- Middle level managers is possible for the welfare and survival of the organisation.
Correct Answer: Both are false
Solution : Divisional and department head belongs to middle level of management. Top level managers is possible for the welfare and survival of the organisation. Hence option B is correct .
Question : The principles of management are not rigid prescriptions which have to be followed absolutely. The given statement about which nature of principles of management?
Option 1: Flexible
Option 2: General guidelines
Option 3: Universal applicability
Option 4: Contingent
Correct Answer: Flexible
Solution : Principles of management do not provide any hard and fast tools and they have to modified as per changes in the business environment.
Hence, Option 1 is correct.
Question : Which of the following is NOT one of the 14 Principles of Management as outlined by Henri Fayol?
Option 1: Unity of command
Option 2: Science not the rule of thumb
Option 3: Scalar chain
Option 4: Equity
Correct Answer: Science not the rule of thumb
Solution : Science not the rule of thumb is the principle of tayo, it is not one of the 14 Principles of Management identified by Henri Fayol. The other three options (Unity of command, Scalar chain, and Equity) are all principles identified
Question : In the following passage, some words have been deleted. Select the most appropriate option to fill in each blank.
(1)_______ changes in science and technology lead to modernisation of technology as well as upgradation of knowledge. In order to upgrade or modernise technology, management must (2)_______ employees to accept new technology. (3)________ training of staff becomes necessary to update their knowledge and to (4) _____their skills. This is possible only (5)______ effective communication between the management and the employees.
Question:
Select the most appropriate option for blank 2.
Option 1: deactivate
Option 2: dissuade
Option 3: discourage
Option 4: persuade
Correct Answer: persuade
Solution : The correct answer is option 4.
The correct response is 'persuade.'
Explanation:
- Let us investigate the significance of the given options. - - deactivate - make inactive (something) by disconnecting or destroying it. - dissuade - persuade (someone) not to take a specific action.
Question : Planning is the _______ function of management.
Option 1: First
Option 2: Second
Option 3: Third
Option 4: Fourth
Correct Answer: First
Solution : Every manager's first responsibility is to plan. The manager cannot perform any other function unless the planning function is completed. As a result, option 1 is the correct answer.
Question : Case Study 19:
EFG Manufacturing is a company that produces consumer goods. The management team at EFG wants to implement a robust control system to improve productivity and optimize resource utilization.
How can EFG Manufacturing benefit from an effective control system?
Option 1: By increasing employee turnover.
Option 2: By raising production costs.
Option 3: By optimizing resource utilization.
Option 4: By reducing market competition.
Correct Answer: By optimizing resource utilization.
Solution : The correct answer is (c) By optimizing resource utilization.
EFG Manufacturing can benefit from an effective control system by optimizing resource utilization. A well-implemented control system helps the company identify inefficiencies, reduce waste, and improve the allocation of resources. This can lead
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