Tag: organization of commerce and management

Questions Related to organization of commerce and management

____________ acts as the binding force between departments of organization.

organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Planning

  2. Coordination

  3. Work culture

  4. Organising

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Correct Option: B

A manager has to coordinate the efforts of different people in a conscious and deliberate manner.

organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

  1. True

  2. False

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Correct Option: A

Coordination unifies diverse interests into purposeful work activity.

organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

  1. True

  2. False

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Correct Option: A

The process by which a manager synchronizes the activities of different departments is known as ______________.

organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

  1. planning

  2. control

  3. co-ordination

  4. organising

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Correct Option: C

___________ popularly known as the 'founder of modern management theory.'

organization of commerce and management nature and significance of management 21st century modern management features of management coordination and management in the twenty - first century

  1. Frederick Taylor

  2. Luther Gulick

  3. Newmann and Summer

  4. Henry Fayol

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Correct Option: D
Explanation:

Henry Fayol popularly known as the 'founder of modern management theory.' He was born in France in 1841. He developed 14 principles of management which act as a guidelines for managers to perform manegerial activities.

A complaint can be made to a District forum when the value of the goods or services in question, along with the compensation claimed, exceeds Rs. 20 lakhs.

organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

  1. True

  2. False

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Correct Option: B
Explanation:

A complaint can be made to a District forum when the value of the goods or services in question, along with the compensation claimed, does not exceeds Rs. 20 lakhs, hence above statement is false.

Under the consumer protection act, a complaint can be filed by a consumer for a defective goods and also for deficiency in service.

organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

  1. True

  2. False

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Correct Option: A
Explanation:

 Before formally filing a Consumer Complaint, it is desired that the Consumer gives notice to the opposite party of the fact of any deficiency in service or of unfair trade practice etc to see if the trader is willing to make good the loss suffered by either replacing the commodity or returning the value of the purchase. If yes, the issue resolves then and there. But if the trader refuses or neglects here that the consumers needs to approach the Consumer Court.

Any _______ can file a compliant.

organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

  1. consumer

  2. trader

  3. retailer

  4. seller

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Correct Option: A
Explanation:

Any consumer can file a compliant.A complaint can be filed by-
a) any consumer
b) any registered consumer association
c) The central or state government
d) A legal heir or representative of a deceased consumer

The Price Rise Resistance Movement was set up in ________.

organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

  1. Delhi

  2. Mumbai

  3. Kolkata

  4. Chennai

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Correct Option: A

A Consumer Guidance Society was set up in Mumbai in ___________.

organization of commerce and management grievance redressal mechanism grievance and need for redressal mechanism consumer protection commerce

  1. 1964

  2. 1965

  3. 1966

  4. 1967

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Correct Option: C