Question : Identify concept in the below statement. Selection of proper ___________ save time, money and effort and increases efficiency.
Option 1: Method
Option 2: Procedures
Option 3: Policies
Option 4: Objective
Correct Answer: Method
Solution : A method is a prescribed process in which a particular activities performed considering the desired objectives of the organisation. It saves time, money and if we turn increases efficiency. It should be stated in clear and prescribed terms to improve the orderliness to the workplace. Hence Option A is correct.
Question : Identify the concept in the below statement. They are enforced to maintain discipline and avoid disorder and chaos in the organisation.
Option 1: Rules
Option 3: Method
Question : Identify the concept in the below statement. It is the steps to be carried out within a broad policy framework. It do not leave any scope for individual judgement.
Option 1: Objective
Option 2: Strategy
Option 4: Procedures
Question : Identify the concept in the below statement. It gives a step by step approach to guide the action necessary to reach a predetermine goal.
Option 3: Programme
Question : Identify the statement given below. It provides a basis for interpreting strategy. They are the guidelines to managerial action.
Option 4: Single use plan.
Question : Identify the concept in the below statement. It is a control device from which deviation can be taken care of.
Option 4: Budget
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile