Tag: nature and significance of management

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Questions Related to nature and significance of management

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

The process of coordinating the activities of an organisation begins at the planning stage.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Coordination is the essence of management and is required at every stage of the management process. It begins at the planning stage, where objectives are set, and continues through organizing, staffing, directing, and controlling.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

Coordination is a _________ process.

  1. one time

  2. continous

  3. avoidable

  4. neither of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Coordination is not a one-time act but a continuous process that occurs throughout the life of an organization. It ensures that various activities are synchronized consistently to achieve organizational goals.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

____________ acts as the binding force between departments of organization.

  1. Planning

  2. Coordination

  3. Work culture

  4. Organising
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Coordination acts as the binding force that integrates the efforts of different departments. It ensures that all departments work in harmony toward the common goals of the organization.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

A manager has to coordinate the efforts of different people in a conscious and deliberate manner.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Coordination is not an accidental or automatic process; it must be consciously and deliberately performed by managers to ensure that individual and group efforts are aligned.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

Coordination unifies diverse interests into purposeful work activity.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Coordination brings together the diverse interests, skills, and activities of different individuals and departments. By unifying these, it ensures they contribute to the organization's overall purpose.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

The process by which a manager synchronizes the activities of different departments is known as ______________.

  1. planning

  2. control

  3. co-ordination

  4. organising
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The process of synchronizing the activities of different departments to ensure they work together effectively is the definition of coordination.

Multiple choice organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

___________ popularly known as the 'founder of modern management theory.'

  1. Frederick Taylor

  2. Luther Gulick

  3. Newmann and Summer

  4. Henry Fayol
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Henry Fayol popularly known as the 'founder of modern management theory.' He was born in France in 1841. He developed 14 principles of management which act as a guidelines for managers to perform manegerial activities.

Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

Companies with higher growth potential are likely to ______________.

  1. pay lower dividends

  2. Pay higher dividends

  3. Dividends are not affected by growth consideration

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Generally a company with higher growth paternal are likely to pay lower dividends. This is because the companies wants to invest that money in earning higher income and growing at a higher rate which is in the benefit for the long term rather than paying dividend which will only benefit the company for a short term.

Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

A decision to acquire a new and modern plant to upgrade an old one is a______________.

  1. Financing decision

  2. Working capital decision

  3. Investment decision

  4. Dividend decision
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
Investment Decision:
Investment decisions includes investment in fixed assets (called as capital budgeting). Investment in current assets are also a part of investment decisions called as working capital decisions.
It includes Decisions relating to the disposal and acquiring and upgrading new assets.
Multiple choice functional area of management financial management nature and significance of management organisation of commerce and management business studies

Higher dividends per share is associated with  ______________.

  1. High Earning, High Cash Flows, Unusable Earnings and Growth Opportunities

  2. High Earning, High Cash Flows, Stable Earnings and Growth Opportunities

  3. High Earning, High Cash Flows, Stable Earnings and Lower Growth Opportunities

  4. High Earning, Low Cash Flows, Stable Earnings and Lower Growth Opportunities
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

There are two primary causes for increases in a company’s dividend per share payout.

 The first is simply an increase in the company's net profits out of which dividends are paid. 
The second is a shift in the company’s growth strategy that leads the company to decide to expend less of its earnings in seeking growth and expansion, thus leaving a larger share of profits available to be returned to equity investors in the form of dividends.