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

"Unity of Command" means _________.

  1. an employee shall give orders to one junior only.

  2. an employee shall receive orders from one senior only.

  3. an employee shall receive orders from as much as senior as possible.

  4. an employee shall have one plan for every action.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Unity of Command is a core management principle stating that an employee should report to only one supervisor to avoid conflicting instructions and confusion.

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 emphasizes the need for teamwotk?

  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
A Correct answer
Explanation

Esprit de corps (team spirit) emphasizes the importance of harmony, unity, and teamwork among organizational members, promoting cooperation and mutual trust to build strong team culture.

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

"Unity of Direction" means _______________.

  1. an employee shall receive orders from one senior only

  2. a group of activities with common objectives shall have one head but different plans.

  3. a group of activities with common objectives shall have one head and one plan.

  4. more than one manager should supervise the employees.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Unity of Direction means that all activities directed toward the same objective should be guided by a single plan and a single manager.

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

Henry Fayol started his career as a __________.

  1. auto engineer

  2. mechanical engineer

  3. coal mine engineer

  4. gold mine engineer
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Henry Fayol was a French mining engineer who spent his career working in the coal mining industry, eventually becoming a managing director.

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

Out of principles of management suggested by the Henry Fayol, 'Discipline' is necessary to ensure obedience and respect for __________.

  1. juniors

  2. society

  3. superiors

  4. older people in society
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Discipline, according to Fayol, involves obedience, application, energy, and respect for agreements between the firm and its employees, which manifests as respect for superiors.

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

When minimum amount of resources is needed to produce goods and services it is called __________.

  1. productivity

  2. efficient

  3. effective

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

Efficiency is defined as the ability to accomplish a task with the minimum amount of waste, time, or effort, essentially doing things right.

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 quality as required by personnel managers as identified by Fayol?

  1. Physical-health, vigor, address

  2. Mental-ability to understand and learn

  3. Handsome-charming

  4. Moral-energy, firmness, willingness to accept responsibility
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Fayol identified several qualities for managers, including physical, mental, moral, educational, technical, and experience-based qualities. 'Handsome' is not a professional quality identified in his 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

Henry Fayol started his career as a _______________.

  1. Auto engineer

  2. Mechanical engineer

  3. Coal mine engineer

  4. Gold mine engineer
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is a duplicate of question 457601. Henri Fayol began his career as a mining engineer at a French coal mine (Commentry-Fourchambault), eventually rising to become managing director.

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 emphasizes the need for teamwork?

  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
A Correct answer
Explanation

Esprit de corps is the principle that emphasizes the importance of team spirit and unity within an organization.