Tag: business organisation

Questions Related to business organisation

___________ coined the word POSDCORB.

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

  1. Luther Gulick

  2. New man and summer

  3. Henry Fayol

  4. Marshall

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Correct Option: A
Explanation:

Luther Gulick coined the word POSDCORB. POSDCORB is used as an acronym for Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting. It reflects classical view of organization theory. It is broadly used in the field of management.

Management is ______________.

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. An art

  2. A science

  3. Both art and science

  4. Neither

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Correct Option: C
Explanation:

Management is science because of several reasons—it has universally accepted principles, it has cause and effect relationship, etc, and at the same time it is art as it requires perfection through practice, practical knowledge, creativity, personal skills, etc. Management is both art and science.

Management should find 'One best way' to perform a task. Which technique of scientific management is defined in this sentence?

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. Time study

  2. Motion study

  3. Fatigue study

  4. Method study

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Correct Option: D
Explanation:

Method study is the process of subjecting work to systematic, critical scrutiny to make it more effective and efficient. The objective of method study is to find out one best way of doing job.

Time study is a structured process of directly observing and measuring human work using a timing device to establish the time required for completion of the work by a qualified worker when working at a defined level of performance.
Motion study is a systematic way of determining the best method of doing the work by scrutinizing the motions made by the worker or the machine. 
Fatigue study is study to understand how fatigue affects productivity. Reducing fatigue at workplace has been the key aim of every organisation as it affects productivity adversely.

The problem solving based approach used by management Hierarchy is _______.

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. action research

  2. Leriu's theory

  3. Giri's management

  4. none of the above

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Correct Option: A

Managerial Personnel 
Directors take the decision regarding the management of a company collectively in their meetings known as __________.

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. business meetings

  2. board meetings

  3. transaction meetings

  4. committee meetings

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Correct Option: B

Management is an art. Which of the following statement does not support that management is art? 

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. The process of management involves the use of know how and skills.

  2. The process of management is directed towards the accomplishment of concrete results.

  3. Management is personalized in the sense that every manager has his own approach to problems.

  4. It deals with complex human phenomena about knowledge is still limited.

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Correct Option: D

Which of the following is social science?

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. Economics

  2. Sociology

  3. Psychology

  4. All of above

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Correct Option: D

Which of the following statement is false?

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. Management can be described as a science albeit a variable one when compared with the nature of exact physical sciences.

  2. We can have the same kind of experimental in management as is possible in natural sciences.

  3. Management has now a theoretical base with a number of principles relating to coordination, organization, decision-making and so on.

  4. Management is a vital function concerned with all aspects of the working of an enterprise.

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Correct Option: B

Invariably, management can be called ____________.

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. Inter-disciplinary science.

  2. Inter-a-disciplinary science.

  3. Only science.

  4. Only art.

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Correct Option: A

In the Pyramid levels of management, non managerial staff is placed at __________. Select correct option.

business organisation management - nature, significance and scope management as an art, science and profession management as art, science and profession comparison of business, profession and employment levels and functions of management management functions functions and levels of management

  1. Top

  2. Middle

  3. Bottom

  4. None of the given option

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Correct Option: C