Tag: business organisation

Questions Related to business organisation

Greek work 'Nomos' means ________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. controlling

  2. planning

  3. organizing

  4. management

Show answer
Correct Option: D

Hick defines management as "the process of getting things done by the ______ and through the ______".

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. people, manager

  2. people, employees

  3. people, people

  4. manager, people,

Show answer
Correct Option: C

Who started that management means, "Getting things done through and with people"? 

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. James

  2. Koontz and O'Donnell

  3. Haimann

  4. Henry Fayol

Show answer
Correct Option: B

Management by objectives (M.B.O) s given by _________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Peter Drucker

  2. Fredrick Taylor

  3. Hick

  4. Haimann

Show answer
Correct Option: A

To a very large extent the success of an organization is dependent on its _________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. raw material supplier

  2. management

  3. promoter

  4. none of the above

Show answer
Correct Option: B

Haimann observes that, "management is the function of _______ ".

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. getting things done through people and directing the efforts of individuals towards a common objective.

  2. forecast, and to plan, to organize to command.

  3. the process of getting things done by the people and through the people.

  4. thinking and utilizing human, material & financial resources in such a manner that would result in best combination.

Show answer
Correct Option: A

Statemetn I :  A true manager can continue to manage the same way as he has been doing it in the past.
Statement II : Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation. 

Select the correct answer from the options given below - 

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Statement I and Statement II both are true.

  2. Statement II is true but Statement I is false

  3. Statement I and Statement II both are false.

  4. Statement I is true but Statement II is false.

Show answer
Correct Option: B

Which of the following is importance of management?
(1) It arranges the factors of production, assembles and organizes the resources.
(2) It helps the country to keep balanced approached in social order.
(3) It utilizes all the physical & human resources productively.
(4) It helps the employees to get stronger trade union.
(5) It get maximum results through minimum input by proper planning and by using minimum input.
Select the correct answer from the options given below -

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. (4), (2) & (1)

  2. (3), (2) & (5)

  3. (1) & (3)

  4. (3), (1) & (5)

Show answer
Correct Option: D

Management is a ________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. science

  2. art

  3. both (a) and (b)

  4. history

Show answer
Correct Option: C

Which word did Luthar Gulick coin using the initial letters of management? 

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. POSBRD

  2. POSDCORB

  3. POSDCORBAC

  4. POCDAORB

Show answer
Correct Option: B