Business Management - Study Mode

[#551] Time-event network is _________.
Correct Answer

(A) PERT

Explanation

Solution: Time-event network is PERT. The Program Evaluation and Review Technique ( PERT) is a network model that allows for randomness in activity completion times.

[#552] Followers decide whether a person is a leader or not is according to
Correct Answer

(C) Followers theory

Explanation

Solution: Followers decide whether a person is a leader or not is according to Followers theory. According to this leader-follower theory followers may from groups and the followers' groups naturally have their own characteristics and needs. According to the characteristics and nature of followers' groups needs are ascertained.

[#553] Management is ____________.
Correct Answer

(C) art and science

Explanation

Solution: Management is both art and science. It is considered as a science because it has an organized body of knowledge which contains certain universal truth. It is called an art because managing requires certain skills which are personal possessions of managers.

[#554] Match the following. List-I List-II a. Fayol 1. Grapevine b. Simon 2. Shared understanding c. Shannon 3. Cybernetics d. Weiner 4. Gang Plank e. Millet 5. Noise
Correct Answer

(C) a-4, b-1, c-5, d-3, e-2

[#555] "Organisational structure is a set of methods dividing the task to determined duties and coordinates them" was given by
Correct Answer

(A) Monavarian and Asgari