Question : Identify the concept in the below statement. It is a control device from which deviation can be taken care of.
Option 1: Rules
Option 2: Procedures
Option 3: Programme
Option 4: Budget
Correct Answer: Budget
Solution : Budget is the statement of expected result expressed in numerical terms over a specific period of time. It is a control device from which deviation can be taken care of. It also involves making a budget forecasting. It is a fundamental and important instrument in majority of organisation. Hence Option D is correct.
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 4: Objective
Question : Identify the concept in the below statement. They are enforced to maintain discipline and avoid disorder and chaos in the organisation.
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 3: Policies
Option 4: Procedures
Question : Identify concept in the below statement. Selection of proper ___________ save time, money and effort and increases efficiency.
Option 1: Method
Question : Identify the concept from the following statement. It involves converting internal thought of sender into a language so that receiver could understand a message.
Option 1: Encoding
Option 2: Decoding
Option 3: Media
Option 4: None of the above
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