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 principles and techniques of management henri fayol's principles of management principles of management management of business

Which of the following principle of Henry Fayol refers to superior-subordinate relations ?

  1. espirit de corps

  2. Stability of tenure of personnel

  3. Division of work

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

The scalar chain refers to the line of authority from the top management to the lowest rank, defining the formal communication and reporting relationships.

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

Miscellaneous
"Unity of command cannot exist without unity of direction, but does not flow from it". This statement was given by _____________.

  1. Henry Fayol

  2. Frederick Taylor

  3. Koontz O'Donnell

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

This observation regarding the relationship between unity of command and unity of direction is attributed to Henri Fayol in his writings on administrative 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

Miscellaneous
The Principles of Unity of Command and Unity of Direction was given by _______________.

  1. W. F. Taylor

  2. Lyndall Urwick

  3. Henri Fayol

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

Henri Fayol is the author of the 14 principles of management, which include both Unity of Command and Unity of Direction.

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's functions of management include:

  1. Planning, designating, completing, cooperating

  2. Punishing, commanding, organising, coordinating, controlling

  3. Preparing, commanding, operating, consulting, controlling

  4. Planning, commanding, organising, coordinating, controlling
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Fayol's five elements of management are planning, organizing, commanding, coordinating, and controlling.

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

What is the meaning of Espirit de corps?

  1. Buyer beware

  2. Service is our motto

  3. Profit is out motto

  4. Union is strength
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Esprit De Corps means union is strength. It is one of the fourteen principles of management developed by Fayol. He emphasized on the team work. According to him, management must develop a feeling of belongingnbelongingness among the employees so that they can contribute maximum to achieve the team goal.

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 one is the most important principle of Business Ethics?

  1. Principle of unity of direction

  2. Principle of proportional judgement

  3. Principle of scalar chain

  4. Principle of span of control
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Unity of direction is often cited in management literature as a fundamental principle for ensuring that all organizational efforts are aligned toward a common goal, which is essential for ethical and effective 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

Fayol believed that every department of the organisation should be working on the same plan to achieve the organisation'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 ensures that all departments work toward the same plan and objectives, preventing fragmented efforts.

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

As per Fayol a manager should have _________ qualities.

  1. Education

  2. Knowledge

  3. Experience

  4. All of the abobe
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Fayol argued that effective managers need a combination of education (theoretical knowledge), knowledge (technical and general), experience (practical application), and personal qualities like leadership and judgment.

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 not a principle of management according to Henri Fayol?

  1. Subordination of individual interest over the organisational interest

  2. Esprit de crops

  3. Unity of Managers

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

Unity of Managers is not one of Fayol's 14 principles. The actual principles include Subordination of individual interest to organizational interest, Esprit de corps (team spirit), and Unity of Direction.