Question : Which of the following is not a limitation of Controlling?
Option 1: Costly affair
Option 2: Resistance from employees
Option 3: Ensure order and discipline
Option 4: Little control on external factors
Correct Answer: Ensure order and discipline
Solution :
Limitations of Controlling: a) Difficulty in Setting Quantitative Requirements: If the requirements are not stated in quantitative terms, it becomes very difficult to compare the actual performance with the established standards. This is particularly true when it comes to staff morale, human behaviour, and job satisfaction. b) Lack of Control over External Factors: An organization is powerless to influence outside forces such as shifting consumer preferences, government regulations, and technological advancements. c) Employee Resistance: Because they see control systems as limitations on their independence, employees frequently oppose them. Take closed-circuit television surveillance (CCTV) as an example. d) Expensive Affair: Since controlling requires a significant time and effort investment, it is an expensive affair. Hence, ensuring order and discipline is not a limitation of controlling.
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question : Which of the following does not characterise the business environment?
Option 1: Inter-related
Option 2: Market orientation and product
Option 3: External forces
Option 4: Relativity
Question :
Identify the correct sequence of the Selection process :
(A) Selection decision
(B). Employment interview
(C) Selection tests
(D) Reference checking
Choose the correct answer from the options given below:
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B), (A), (D), (C)
Option 4: (C), (B), (D), (A)
Question : Arrange the following elements in correct chronological sequence (earliest to latest):
(A) Smithsonian Agreement
(B) Bretton Woods Conference
(C) Establishment of WTO
(D) Gold Standard
Option 2: (D), (B), (A), (C)
Option 3: (D), (A), (B), (C)
Identify the correct sequence of the Controlling process :
(A) Analysing deviations
(B) Measurement of actual performance
(C) Setting up standards
(D) Comparison of actual performance with standards
Choose the correct answer from the options below:
Option 4: (C), (B), (D),(A)
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