Question : In bajaj industries the employees objectives were in direct contrast to organisational objectives. The employees ignore their own interest to give priority to organisations objectives. Which management principle is being highlighted in the given statement?

Option 1: Order

Option 2: Subordination of individual interest to general interest

Option 3: Equity

Option 4: None of the above

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

Question : Principles of management can be modified by the manager according to the situation. The given statement tell us about which nature of principles of management?

Option 1: Universal applicability

Option 2: General guidelines
 

Option 3: Contingent

Option 4: Flexible

Question : The principles of management do not provide readymade strait jacket solutions to all managerial problems. Which nature of principles of management is highlighted in the given statement?

Option 1: General guidelines

Option 2: Flexible

Option 3: Universal application

Option 4: Formed by practice and experimentation

Question : Which of the following statement is correct?
Statement 1: Under offer for sale the company issues a prospectus and invite the general public to purchase shares or debentures.
Statement 2: Under private placement the company sells security to the institutional investors or brokers instead of selling them to general public.
 

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.