Management
Question : Rajesh is the purchaser manager of a company has to purchase 55 tones of raw material. He purchase the raw material from a firm owned by his relative at a rate more than the market price. Which principle of management is being violated in the given statement?
Option 1: Subordination of individual interest to general interest
Option 2: Scalar chain
Option 3: Order
Option 4: None of the above
Correct Answer: Subordination of individual interest to general interest
Solution : According this principle interest of the organisation as the whole must reveal over the interest of the individuals or employees. Organisation superior to individuals,in case individual interest and organisation interest differ it is the duty of the management to
Question : Which of the following statement is correct regarding the principles of management?
Option 1: The principles of management are rigid prescriptions which have to be followed absolutely.
Option 2: The principles of management do not apply to all types of organisations.
Option 3: The principles aim at influencing behaviour of human beings.
Option 4: None of the above.
Correct Answer: The principles aim at influencing behaviour of human beings.
Solution : The principles of management are mainly behavioural.The principles aim to influence their unpredictable behaviour in order to achieve organisational goals. Manager Sahab to deal with human behaviour because all work is done by human beings. Human behaviour
Question : Case Study: XYZ Tech Solutions
XYZ Tech Solutions is a software development company known for its innovative products. The company is managed by three levels of management: top management, middle-level management, and lower-level management. XYZ Tech Solutions aims to be a market leader by providing cutting-edge technology solutions and excellent customer support.
The nature of management in XYZ Tech Solutions is best described as:
Option 1: Static and unchanging
Option 2: Rigid and inflexible
Option 3: Dynamic and adaptive
Option 4: Autonomous and independent
Correct Answer: Dynamic and adaptive
Solution : The correct answer is (c) Dynamic and adaptive
Management in organizations, especially in technology-focused companies like XYZ Tech Solutions, is dynamic and adaptive because it needs to respond to rapidly changing technological advancements, market trends, and customer demands. In such an environment, management
Question : Assertion: The nature of management varies based on the organization's size and complexity.
Reason: Larger organizations require more complex management structures and processes.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Correct Answer: Both assertion and reason are correct, and the reason explains the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason explains the assertion.
The assertion that "The nature of management varies based on the organization's size and complexity" is correct.
Question : Which institution in India provides training and education to farmers on modern agricultural practices?
Option 1: Indian Council of Agricultural Research (ICAR)
Option 2: Agricultural Technology Management Agency (ATMA)
Option 3: Krishi Vigyan Kendra (KVK)
Option 4: Food and Agriculture Organization (FAO)
Correct Answer: Krishi Vigyan Kendra (KVK)
Solution : The correct answer is (c) Krishi Vigyan Kendra (KVK).
Krishi Vigyan Kendra (KVK) is an institution in India that provides training and education to farmers on modern agricultural practices. KVKs are agricultural extension centers established by the Indian Council of Agricultural Research
Question : Which objective of government budget is highlighted here? Budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help.
Option 1: Management of public enterprises
Option 2: Economic growth
Option 3: Reducing regional disparities
Option 4: Employment generation
Correct Answer: Management of public enterprises
Solution : Under management of public enterprises, budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help. Hence Option A is correct.
Question : Assertion: Scientific management principles focus on optimizing work procedures and methods.
Reason: It aims to induce waste and decrease productivity.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: The assertion is correct, the reason is incorrect.
Solution : The correct answer is (c) The assertion is correct, the reason is incorrect.
The assertion is correct. Scientific management principles do focus on optimizing work procedures and methods to improve efficiency and productivity.
The reason is incorrect. Scientific
Which level of management in XYZ Tech Solutions is responsible for ensuring the smooth execution of day-to-day operations?
Option 1: Top management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: -
Correct Answer: Lower-level management
Solution : The correct answer is (c) Lower-level management
Lower-level management, also known as first-line or front-line management, is primarily responsible for overseeing and managing the daily operations of the organization. They ensure that tasks and processes are carried out efficiently and according to established plans.
Question : Case Study 83
ABC Corporation is a conglomerate that has recently traded its shares on a stock exchange. The company's management is reviewing the development functions of SEBI.
Question :
What is the developmental function of SEBI that aims to promote the growth of the securities market?
Option 1: Regulating credit rating agencies
Option 2: Prohibiting insider trading
Option 3: Preventing fraudulent activities
Option 4: Encouraging mergers and acquisitions
Correct Answer: Encouraging mergers and acquisitions
Solution : The correct answer is (d) Encouraging mergers and acquisitions
The developmental function of SEBI that aims to promote the growth of the securities market is encouraging mergers and acquisitions. SEBI plays a significant role in facilitating mergers and acquisitions by setting guidelines,
Question : Select the word which means the same as a group of words given.
The art or practice of garden cultivation and management.
Option 1: Monoculture
Option 2: Sericulture
Option 3: Apiculture
Option 4: Horticulture
Correct Answer: Horticulture
Solution : The correct answer is option 4.
Explanation:
- Consider the significance of the highlighted option:
- Horticulture (noun): The study or practise of cultivating garden plants.
- Now consider the significance of the other options:
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