Tag: business organisation

Questions Related to business organisation

Personal management is more ________________.

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Administrative in nature

  2. Specific in nature

  3. Monitoring employees

  4. All of the above

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Correct Option: D

Essential of the directing function -
 I.    Issuing orders and instructions
II.    Guiding, counseling and teaching the  subordinates the proper way of doing the job.
III.  Supervising the work of subordinates to ensure  that their performance conforms to the plan.
iv.  Motivating the  subordinates to direct their  behaviour in a desired pattern.
v.  Maintaining descipline and rewarding effective  performance
Select the correct answer from the option given below:

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. I, II & III

  2. I, II III & IV

  3. I, II & V

  4. I, II III IV & V

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Correct Option: D

A risk management system should mean that a company will:

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. avoid all risks

  2. reject any attempt to categories risk

  3. consider the likelihood of risks materializing

  4. establish risk-avoiding control irrespective of their costs

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Correct Option: C
Explanation:

A risk management system should mean that a company will consider the likelihood of risks materializing. Risk management system deals with identifying and controlling threats to an organization's earnings.

What helps in making a global village?

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Globalisation

  2. Access to greater markets

  3. Coordination

  4. All of the above

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Correct Option: D
Explanation:

Globalization, access to greater markets and coordination help in making a global village. Global village can be defined as a phenomenon of the world becoming more independent because of progress and technological advancement.

What do you mean by cooperation?

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Cooperation means a group of individuals working together to not achieve a common goal

  2. Cooperation means a group of individuals working together to achieve a common goal

  3. Cooperation is a number of individuals working together to be more efficient

  4. All of the above

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Correct Option: C
Explanation:

Cooperation is a number of individuals working together to be more efficient. Cooperation is a voluntary effort of employees. Co-ordination deals with harmonizing the work relations and efforts at all levels for common purpose.

When a manager is overburdened and faces the problems of control and coordination, it is a case of.

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Technical diseconomy.

  2. Technical economy.

  3. Managerial diseconomy.

  4. External diseconomy.

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Correct Option: C

Management qualifies all tests of profession except _____________________.

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Dominance of service motive

  2. Restricted entry

  3. Systematic body of knowledge

  4. Use of know-how and skills

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Correct Option: B
Explanation:

Management qualifies all tests of profession except restricted entry.Management as profession: Specialized knowledge, use of code of conduct, restricted entry and association indicate management as profession.The basic features of management as a profession are: 


1. Well defined body of knowledge:; Management has well defined body of knowledge as in profession.


2. Restrict entry: Management has restricted entry through an examination or degree as in profession. 

3. Presence of professional associations: All profession has some associations affiliated to it and even management has association affiliated to it. 

4. Existing of ethical code: For every profession there are some set of ethical codes fixed by the profession association. Management also has some ethical codes fixed by the concerned professional association. 

5. Service Motive: Management has some service motive as in a profession. 

Scholars belonging to __________ are of the opinion that if planning, decision-making, organizing etc., conform to logical processes then the same can easily and suitably be presented in mathematical symbols.

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Group behaviour approach

  2. Mathematics Approach

  3. Interpersonal behaviour approach

  4. Empirical Approach

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Correct Option: B
Explanation:

Scholars belonging to Mathematics Approach are of the opinion that if planning, decision-making, organizing etc., conform to logical processes then the same can easily and suitably be presented in mathematical symbols. Operation researchers and analyst primarily belong to group of mathematics approach.

Which of the following approach or its scholars believe that clear understanding of the management theories can only be developed by the study and analysis of cases and comparative approach ?

business organisation principles and techniques of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Interpersonal Behaviour Approach

  2. Empirical Approach

  3. Group Behaviour Approach

  4. Decision Theory Approach

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Correct Option: B
Explanation:

Emprirical approach or its scholars believe that clear understanding of the management theories can only be developed by the study and analysis of cases and comparative approach. Emprical approach is based on scientific methods.

Performa invoice is used for _________.

business organisation mercantile agents and account sales course of business transaction in home trade documents and procedure used in home trade home trade: agents and procedures

  1. to enable calculation of taxes

  2. prices of good being sent on approval

  3. as a quotation

  4. all of the above

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Correct Option: D