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 2: Procedures
Option 3: Method
Option 4: Objective
Correct Answer: Rules
Solution : Rules are the specific statement that inform what is to be done and what not has to be done. They are usually the simplest type of plan as there is no compromise or changes unless a policy decision is taken. They are enforced to maintain discipline and avoid disorder and chaos in the organisation. Hence Option A is correct.
Question : Identify concept in the below statement. Selection of proper ___________ save time, money and effort and increases efficiency.
Option 1: Method
Option 3: Policies
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 concept in the below statement. It is a control device from which deviation can be taken care of.
Option 4: Budget
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 following statement - Pepsi and Sprite are competitors in the soft drink market if Pepsi reduces the price of its product then Sprite maintain it's market share.
Option 1: Single use plan
Option 2: Standing plan
Option 3: Objective
Option 4: Strategy
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