Correct Answer: Order

Solution : The correct answer is (c) Order.

The principle of "Order" in management emphasizes organizing resources and activities in the most efficient and effective manner. This includes providing clear instructions, arranging tasks in a logical sequence, and ensuring that there's a place for everything and everything is in its place. By providing clear and precise instructions, an organization can streamline operations and enhance productivity.

Correct Answer: Team spirit

Solution : The correct answer is (d) Team spirit

Team spirit in management principles emphasizes fostering a collaborative and cooperative work environment where employees work together as a team to achieve common goals. It promotes unity, mutual support, and synergy among team members. This principle encourages employees to work together and share their expertise and efforts to enhance productivity and achieve organizational objectives.

Correct Answer: Allocation of resources

Solution : The correct answer is (c) Allocation of resources

Allocation of resources is not a function of SEBI. SEBI primarily focuses on regulatory, protective, and developmental functions within the securities market. The allocation of resources is a broader economic concept related to efficient distribution and utilization of resources in the economy, and it is not specifically a role of SEBI.

Correct Answer: Offer a wide range of trendy clothing options
 

Solution : The correct answer is (b) Offer a wide range of trendy clothing options

Providing a wide range of trendy clothing options is a specific and relevant objective for a fashion apparel retailer like ABC Retailers. While maximizing profits and providing outstanding customer service are important considerations for any retail business, the core focus of a fashion apparel store is typically to offer a diverse and attractive selection of clothing to meet customer preferences and needs. 

Correct Answer: Control

Solution : The correct answer is (d) Control.

Control is a fundamental function of management and directing that involves monitoring and regulating activities to ensure they are in line with established plans and procedures. This ensures that organizational goals and objectives are being met effectively and efficiently. It involves comparing actual performance against the set standards and taking corrective actions as needed to ensure adherence to the established plans.

Correct Answer: Lower-level management

Solution : The correct answer is (c) Lower-level management

Lower-level management, also known as first-line management or supervisory management, is responsible for overseeing the day-to-day operations of specific departments, teams, or units within the organization. They are directly involved in supervising employees, providing guidance, assigning tasks, monitoring performance, and ensuring that work is carried out efficiently and effectively. Lower-level managers serve as a crucial link between the organizational objectives and the employees on the front lines. They play a key role in implementing the plans and policies established by higher levels of management. Therefore, lower-level management is primarily responsible for the day-to-day operations and employee supervision.

Correct Answer: Placing an order

Solution : The correct answer is (d) Placing an order

The first step in the process of trading securities on a stock exchange is "placing an order." Investors initiate the trading process by placing orders to buy or sell securities at a specified price. Once the order is placed, it is then processed, matched with corresponding buy or sell orders, and eventually executed at the prevailing market price. After execution, the subsequent steps such as settlement, where the ownership and funds are transferred, take place.

Correct Answer: Unity of direction

Solution : The correct answer is (a) Unity of direction

The principle of "Unity of direction" in management focuses on ensuring that activities within the organization are directed towards a common goal. It involves aligning and coordinating the efforts of different departments and individuals to achieve a unified mission and common objectives. ABC Manufacturing's aim to improve coordination among its various departments aligns with the principle of unity of direction, as it emphasizes the need for a cohesive and synchronized approach across departments to work towards the organization's goals.

Correct Answer: Development of each person to their greatest efficiency

Solution : The correct answer is (b) Development of each person to their greatest efficiency

Development of each person to their greatest efficiency emphasizes enhancing employee skills and capabilities to help them reach their maximum potential and efficiency. Providing opportunities for skill development and growth aligns with this principle.

In summary, ABC Pharmaceuticals providing opportunities for skill development and growth aligns with the principle of "Development of each person to their greatest efficiency," which emphasizes enhancing employee skills and capabilities to achieve their maximum potential and efficiency within the organization.

Correct Answer: Development of each person to their greatest efficiency

Solution : The correct answer is (c) Development of each person to their greatest efficiency

Development of each person to their greatest efficiency: This principle emphasizes enhancing employee skills and capabilities to help them reach their maximum potential and efficiency. Providing training and skill development opportunities align with this principle.

In summary, ABC Manufacturing providing training and skill development opportunities aligns with the principle of "Development of each person to their greatest efficiency," which emphasizes enhancing employee skills and capabilities to achieve their maximum potential and efficiency within the organization.