Tag: organization of commerce and management

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Questions Related to organization of commerce and management

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

An employee shall receive orders from one senior only. This principle is known as __________.

  1. scalar chain

  2. unity of discipline

  3. unity of command

  4. unity of direction
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Unity of command dictates that an employee should receive orders from only one superior to avoid confusion and conflict. Unity of direction, by contrast, focuses on having one plan for a group of activities.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

How many principles of management were suggested by Henry fayol?

  1. 13

  2. 16

  3. 12

  4. 14
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Henry Fayol famously outlined 14 principles of management in his 1916 book, Administration Industrielle et Generale. These principles remain a cornerstone of classical management theory.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

Fayol believed that every department of the organization should be working on the same plan to achieve the organization's objectives. He expressed this in which principle of management?

  1. Centralisation

  2. Unity of direction

  3. Authority

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

Unity of direction means that all activities with the same objective should be directed by one manager using one plan. This ensures coordination and focus across the organization.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

Which of the following is one of the $14$ principles of management identifies by Henry Fayol?

  1. Scalar chain

  2. Innovation

  3. Efficiency

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

Scalar chain is one of Fayol's 14 principles, referring to the formal line of authority from the highest to the lowest rank. Innovation, efficiency, and motivation are important concepts but are not listed as one of his 14 specific principles.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

In the year ______, Henry Fayol published his well-known work in French entitled "Administration Industrielle et Generale" (Industrial and General Administration). 

  1. 1716

  2. 1806

  3. 1916

  4. 2006
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Fayol's seminal work, Administration Industrielle et Generale, was published in 1916, introducing his administrative theory to the world.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

According to Henry Fayol, "to manage is ________, to organize to command, to coordinate and to command".

  1. To forecast

  2. To plan

  3. To budget and to control

  4. To forecast and to plan
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Fayol defined the functions of management as planning, organizing, commanding, coordinating, and controlling. His full quote emphasizes that to manage is to forecast and to plan.

Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

An employee shall receive orders from one senior only. This principle is known as _____________.

  1. Scalar chain

  2. Unity discipline

  3. Unity of command

  4. Unity of direction
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Unity of command ensures that an employee reports to only one superior, preventing conflicting instructions and maintaining accountability.