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 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 organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

A complaint can be made to a District forum when the value of the goods or services in question, along with the compensation claimed, exceeds Rs. 20 lakhs.

  1. True

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

A complaint can be made to a District forum when the value of the goods or services in question, along with the compensation claimed, does not exceeds Rs. 20 lakhs, hence above statement is false.

Multiple choice organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

Under the consumer protection act, a complaint can be filed by a consumer for a defective goods and also for deficiency in service.

  1. True

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

 Before formally filing a Consumer Complaint, it is desired that the Consumer gives notice to the opposite party of the fact of any deficiency in service or of unfair trade practice etc to see if the trader is willing to make good the loss suffered by either replacing the commodity or returning the value of the purchase. If yes, the issue resolves then and there. But if the trader refuses or neglects here that the consumers needs to approach the Consumer Court.

Multiple choice organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

Any _______ can file a compliant.

  1. consumer

  2. trader

  3. retailer

  4. seller
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Any consumer can file a compliant.A complaint can be filed by-
a) any consumer
b) any registered consumer association
c) The central or state government
d) A legal heir or representative of a deceased consumer