Tag: organization of commerce and management

Quizzes (70) Questions (1107)

Questions Related to organization of commerce and management

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

The fact 'an attempt to control everything may end up in controlling nothing' is related to which os the following concepts?

  1. Performance standards

  2. Management by Exception

  3. Planning and Controlling

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

Management by exception is a special skill of managing by important matters and taking vital decisions. Routine matters are to be handled by the lower level officers.

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

Identify the factor of span of control which suggests that efficient and well-trained subordinates create lesser demand on the superior's time and capacity.

  1. Capacity of superior

  2. Clarity of plans

  3. Location of operations

  4. Ability of subordinates
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Ability of subordinates are his leadership, administrative capabilities, ability to communicate, to judge, listening, to guide and inspire, etc. Hence, efficient and well-trained subordinates create lesser demand on the superior's time and capacity.

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

____________ is a diagnostc instrument for identifying organisational weaknesses.

  1. Decentralisation

  2. Span of management

  3. Monitoring

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

The Span of Management refers to the number of subordinates who can be managed efficiently by their superiors. Simply, managers having a group of subordinates who report to him directly is called as the span of management. It helps to identify the organisational drawbacks and tries to mend them with corrective measures.

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

The theory of Graicunas is criticized as it deals only with an upward relationship.

  1. True

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

V.A. Graicunas made a study on superior-subordinate relationship known as the Gracuinas Theory, Graicunas theory faces criticisms for the fact that he did not include certain possible relationships and also ignored the frequency of the relationships. 

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

In a simple way, 'span of control' can be meant as the number of subordinates that report directly to one manager.

  1. True

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

Span of control is a term originating in military organization theory, but now used more commonly in business management, particularly human resource management. Span of control refers to the number of subordinates who report directly to a given manager or supervisor.

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

__________ is a person-to-person concept.

  1. Management by exception

  2. KRA

  3. Critical point control

  4. Span of control
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Span of control is a term originating in military organization theory, but now used more commonly in business management, particularly human resource management. Span of control refers to the number of subordinates who report directly to a given manager or supervisor.

Multiple choice organization of commerce and management management by objectives (mbo) and management by exception (mbe) meaning and definition of mbo meaning and definition of mbe controlling

______ span of management control creates ______ structures that has many levels of management.

  1. Narrow; flat

  2. Wide; flat

  3. Wide; tall

  4. Narrow; tall
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
The manager having group of subordinates reporting to him directly is called as the span of management. There are two kinds: Wide and Narrow. With the wider span, there will be less hierarchical levels, and thus, the organizational structure would be flatter. Whereas, with the narrow span, the hierarchical levels increases, hence the organizational structure would be tall.