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?

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. Esprit de corps

  2. Stability of tenure of personnel

  3. Division of work

  4. Scalar chain

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Correct Option: D

Out of principles of management suggested by the Henry Fayol, ' Discipline' is necessary to ensure obedience and respect for - 

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. Juniors

  2. Society

  3. Superiors

  4. Older people in society

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Correct Option: C

"Unity of Command" means ___________________.

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. An employee shall give orders to one junior only.

  2. An employee shall receive orders from one senior only.

  3. An employee shall receive orders from as much senior as possible.

  4. An employee shall have one plan for every action.

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Correct Option: B

"Unity of Direction " means ____________________.

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. An employee shall receive orders from one senior only

  2. A group of activities with common objectives shall have one head but different plans.

  3. A group of activities with common objectives shall have one head and one plan.

  4. More than one manager should supervise the employees.

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Correct Option: C

As per Henry Fayol principle of "Subordination" ____________________.

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. Organisational interest should be subordinate to individual interest.

  2. Individual interest should be subordinate to Organisational interest.

  3. Individual should not have any sort of interest at all.

  4. Organisational interest should be subordinate to national interest.

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Correct Option: B

Arrange the process of delegation in proper from.
(1) Creation of accountability
(2) Allocation of duties
(3) Assignment of resposibility
(4) Delegation of authority
The correct answer is -

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. (3), (4), (2), (1)

  2. (2), (3), (4), (1)

  3. (2), (4), (1), (3)

  4. (2), (4), (3), (1)

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Correct Option: D

"Unity of Command" means:_____________
(I) An employee shall receive orders form one senior only.
(II) A group of activities with common objectives shall have one head and one plan
The correct answer is -

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. (I)

  2. (II)

  3. Both (I) & (II)

  4. Neither (I) nor (II)

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Correct Option: A

In the year _______, Henry Fayol published  his well-known work in French entitled "Administration Industrielle et Generale"  (Industrial and General Administration)

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. 1716

  2. 1806

  3. 1916

  4. 2006

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Correct Option: C

Who distinguished between 'principles' and 'elements' of management?

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. Fredrick Taylor

  2. Newmann and Summer

  3. Henri Fayol

  4. Henry Lawrence Gantt

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Correct Option: C

As per Henry Fayol principle of "Subordination" -

organization of commerce and management principles and techniques of management henri fayol's principles of management principles of management management of business

  1. Organizational interest should be subordinate to individual interest

  2. Individual interest should be subordinate to Organizational interest.

  3. Individual should not have any sort of interest at all.

  4. Organizational interest should be subordinate to national interest.

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Correct Option: B