Tag: organization of commerce and management

Questions Related to organization of commerce and management

Which of the following principle of Henry Fayol refers to superior-subordinate relations ?

  1. espirit de corps

  2. Stability of tenure of personnel

  3. Division of work

  4. Scalar chain


Correct Option: D

Miscellaneous
"Unity of command cannot exist without unity of direction, but does not flow from it". This statement was given by _____________.

  1. Henry Fayol

  2. Frederick Taylor

  3. Koontz O'Donnell

  4. None of the above


Correct Option: A

Miscellaneous
The Principles of Unity of Command and Unity of Direction was given by _______________.

  1. W. F. Taylor

  2. Lyndall Urwick

  3. Henri Fayol

  4. None of the above


Correct Option: C

Fayol's functions of management include:

  1. Planning, designating, completing, cooperating

  2. Punishing, commanding, organising, coordinating, controlling

  3. Preparing, commanding, operating, consulting, controlling

  4. Planning, commanding, organising, coordinating, controlling


Correct Option: D

What is the meaning of Espirit de corps?

  1. Buyer beware

  2. Service is our motto

  3. Profit is out motto

  4. Union is strength


Correct Option: D
Explanation:

Esprit De Corps means union is strength. It is one of the fourteen principles of management developed by Fayol. He emphasized on the team work. According to him, management must develop a feeling of belongingnbelongingness among the employees so that they can contribute maximum to achieve the team goal.

Which one is the most important principle of Business Ethics?

  1. Principle of unity of direction

  2. Principle of proportional judgement

  3. Principle of scalar chain

  4. Principle of span of control


Correct Option: A

Fayol believed that every department of the organisation should be working on the same plan to achieve the organisation's objectives. He expressed this in which principle of management?

  1. Centralisation

  2. Unity of direction

  3. Authority

  4. Order


Correct Option: B

As per Fayol a manager should have _________ qualities.

  1. Education

  2. Knowledge

  3. Experience

  4. All of the abobe


Correct Option: D

Which of the following is not a principle of management according to Henri Fayol?

  1. Subordination of individual interest over the organisational interest

  2. Esprit de crops

  3. Unity of Managers

  4. Unity of Direction


Correct Option: C