Business Management - Study Mode

[#96] A study relating to the fixing of the working hours with rest periods to recoup the energy while performing in job is called.
Correct Answer

(A) fatigue study

Explanation

Solution: A study relating to the fixing of the working hours with rest periods to recoup the energy while performing in job is called fatigue study. Fatigue study is study to understand how fatigue affects productivity.

[#97] Formal authority flows from upwards to downwards in___________.
Correct Answer

(A) formal organization

Explanation

Solution: Formal authority flows from upwards to downwards in formal organization. Formal Organization is an organisation in which job of each member is clearly defined, whose authority, responsibility and accountability are fixed. Informal Organization is formed within the formal organisation as a network of interpersonal relationship when people interact with each other.

[#98] The first and foremost function of management is
Correct Answer

(A) planning

Explanation

Solution: The first and foremost function of management is planning. Planning is the primary function of management. Its purpose is to ensure optimum utilisation of human and economic resources in the business processes. It precedes all other activities of the business undertaking.

[#99] Which organisaitonal relationship gives a greater job satisfaction and results in maximum production?
Correct Answer

(B) informal organization

Explanation

Solution: Which organisational relationship gives a greater job satisfaction and results in maximum production? Option B: informal organization Explanation: An informal organization refers to the social structure that develops within a formal organization as employees interact with each other. This informal network often leads to greater job satisfaction and higher productivity because it fosters camaraderie, mutual support, and effective communication among employees. A formal organization (Option A) refers to the official structure of roles, responsibilities, and reporting relationships defined by the organization's hierarchy. While important for clarity and structure, formal organizations may not always maximize job satisfaction and production as effectively as informal relationships. Business or organisation (Option C) and strategic organization (Option D) are not recognized terms in organizational theory in the context provided. Therefore, the correct answer is informal organization .

[#100] Long term planning is
Correct Answer

(D) 5 to 15 years

Explanation

Solution: Long term planning is 5 to 15 years. A long-term planning is about setting a process by which a particular strategic plan will be achieved. This process focuses on activities that start now and continue well into the future.