Tag: business organisation

Questions Related to business organisation

Functions of administration are _________.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. executive and governing

  2. policy making and implementation

  3. legislative and determinative

  4. none of the above.

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Correct Option: C

______ is the process of using the resources and personnel of an organization in an orderly way to achieve the objective and long term goals of the organization.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Planning

  2. Organizing

  3. Leading

  4. Controlling

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Correct Option: B

Which one of the following acronym did 'Luther Gulick' coin using initial letters of management's functions?

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. POSBRD

  2. POSDBRD

  3. POSDCORB

  4. POCDSORB

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Correct Option: C
Explanation:

Luther Gulick coined word POSDCORB as management using the initial letters.
P for planning
O for organising
S for staffing
D for directing
CO for coordinating
R reporting
B budgeting

Which of the following functions or activities requires recruiting and placing qualified personal needed for the organization so that it may achieve its objective and goals?

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Planning

  2. Staffing

  3. Organizing

  4. Controlling

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Correct Option: B

Which word did Luther Gulick coin, using the initial letters of management functions?

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. POSCRD

  2. POSBRD

  3. POSCARB

  4. POSDCORB

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Correct Option: D
Explanation:

Luther Gulick coined the word POSDCORB using the initial letters of Management functions :

P: Planning
O: Organizing
S : Staffing
D : Directing 
 C : Co-ordinating 
R : Reporting
 B: Budgeting

What is the importance of management?

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. It enables the organization to survive in changing environment

  2. It improves standard of living and increases the profit which is beneficial to business and society.

  3. Management fills up various positions with right persons, having right skills, training and qualification.

  4. All of the above

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Correct Option: D

Organizations that are well managed ___________________.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Choose the best suppliers for their products

  2. Complete on an international basis because they have the best products

  3. Always have the lowest-cost products

  4. Develop a loyal customer base, grow and prosper

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Correct Option: D

The skill that is not required by low level management is ____________.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Human relation skill

  2. Technical skill

  3. Administrative skill

  4. Communication skill

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Correct Option: C

Few of the other fields to study that affect management theory or practice include ____________________.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Political science, philosophy, anthropology and sociology

  2. Zoology, psychology, Sociology and philosophy

  3. Anthropology, astrology, political science and psychology

  4. Political science, sociology, typography and economics

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Correct Option: D

The other name of design skill is _______________.

business organisation management - process or functions, managerial role and levels functional areas of management levels and functions of management management functions

  1. Problem solving skill

  2. Administrative skill

  3. Technical skill

  4. Conceptual skill

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Correct Option: A