Tag: management of business

Questions Related to management of business

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

Delegation of authority makes the size of the organization ______.

  1. Smaller

  2. Larger

  3. Very big

  4. It does not affect the size of the organization

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Delegation of authority allows managers to distribute tasks and decision-making power, which enables the organization to expand and handle larger operations.

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

Authority, discipline, unity of command and unity of direction are ________.

  1. Taylor's four principles of management

  2. principles of the human relations movement

  3. elements of Webs ideal bureaucratic structure

  4. four of Fayol's fourteen principles of management

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Authority, discipline, unity of command, and unity of direction are all among Fayol's 14 principles of management, forming part of his comprehensive framework for organizational administration.

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

Superior - Subordinate theory was given by _______.

  1. Henry Fayol

  2. V. A. Graicunas

  3. Koontz 0' Donnel

  4. Joseph Jecard

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
  1. Specialization of labour
    2. Authority and responsibility
    3. Discipline
    4. Unity of command
    5. Unity of direction
    6. Subordination of individual interest to the general interest
    7. Remuneration of staff:
    8. Centralisation
    9. Scalar chain/line of authority: Formal chain of command running from top to bottom of the organization. It refers to superior-subordinate relations 
    10. Order:
    11. Equity
    12. Stability of tenure
    13. Initiative
    14. Esprit de corps
Multiple choice organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

The principals of unity of command and unity of direction was given by _______.

  1. W.F. Taylor

  2. Lyndall Urwick

  3. George Tenny

  4. Henry foyol

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Henry Fayol gave the 14 principles of management
1. Specialization of labour
2. Authority
3. Discipline
4. Unity of command
5. Unity of direction
6. Subordination of individual interest to the general interest
7. Remuneration of staff:
8. Centralisation
9. Scalar chain/line of authority: Formal chain of command running from top to bottom of the organization. It refers to superior-subordinate relations
10. Order
11. Equity
12. Stability of tenure
13. Initiative
14. Esprit de corps

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

Who is regarded as the founder of modem management theory?

  1. Mice

  2. Koontz

  3. D'Dannel

  4. Henry Fayol

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Henri Fayol is regarded as the founder of modern management theory for his systematic approach to management principles and functions, documented in his influential work 'General and Industrial 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 is not one of the five elements of management?

  1. Planning

  2. Co-ordination

  3. Centralization

  4. Command

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Fayol's five elements of management are planning, organizing, commanding, coordinating, and controlling. Centralization is a principle of management, not one of the five elements.

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 the most important function of communication in organizations?

  1. Motivation

  2. Control

  3. Information

  4. All of these factors are important

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Communication in an organization serves multiple vital roles, including motivation, control, and information sharing. Since all these functions are essential for effective organizational management, the comprehensive option is correct.

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 organise to command, to coordinate and to command".

  1. to forecast

  2. to plan

  3. to budget to control

  4. to forecast and to plan

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Henry Fayol defined management through five elements: planning (or forecasting and planning), organizing, commanding, coordinating, and controlling. The quote specifically highlights the foundational role of forecasting and planning.

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

Who is 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 is widely recognized as the father of modern management theory for his development of the 14 principles of management and the functional approach to 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.