Question : Which of the following statements is incorrect?
Option 1: Winter management is a process as it involves a series of winter-related functions.
Option 2: Management requires effectiveness to achieve the predetermined goals at the minimum cost.
Option 3: Personal management helps in achieving personal objectives.
Option 4: None of the above.
Correct Answer: Management requires effectiveness to achieve the predetermined goals at the minimum cost.
Solution : Efficiency refers to doing the task correctly and with a minimum focus on the cost benefit, that is, getting maximum output with minimum resources. Management requires efficiency that achieves the pre-determined goals at the minimum cost. Effectiveness involves doing the task with the specified period. Thus Option B is the correct answer as it provides for the definition of efficiency and not the effectiveness.
Hence, Option B is correct.
Question : Which of the following statements about organisation is incorrect?
Option 1: It examines the activities and resources required to implement the plan.
Option 2: It is a management function to assign duties.
Option 3: It implies setting goals in advance and developing a way of achieving them efficiently and effectively.
Option 4: It helps in allocating resources required to carry out a specific plan.
Question : Which of the following statements about coordination is incorrect?
Option 1: It binds all the functions of management. t.
Option 2: It is a process by which a manager synchronises the activities of different departments.
Option 3: The process of coordinating the activities of an organisation begins at the directing stage.
Question : Assertion: Planning is the most fundamental function of management.
Reason: It lays the foundation for all other management functions and helps in achieving objectives.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Question : Statement 1: The management process is continuous and ongoing.
Statement 2: It involves a series of interconnected functions that are performed repeatedly.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Question : It refers to producing goods of Predetermined specification which helps in achieving uniformity and consistency in the output. Which function of management is highlighted in the given statement?
Option 1: Standardization
Option 2: Grading
Option 3: Product designing
Option 4: Development
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