Business Management - Study Mode

[#126] __________function is regarded as the essence of management.
Correct Answer

(C) co-ordination

Explanation

Solution: Co-ordination function is regarded as the essence of management. The meaning of this sentence implies, Co-ordination affects all the functions of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.

[#127] Henry Fayol was a French____________.
Correct Answer

(A) Industrialist

Explanation

Solution: Henry Fayol was a French Industrialist. Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed general theory of business administration that is often called Fayolism.

[#128] Principles of Management was contributed by
Correct Answer

(C) Hendry Fayol

Explanation

Solution: Principles of Management was contributed by Hendry Fayol. Henry Fayol's contribution to management theory is certainly remarkable. He gave overall concepts of general management and suggested the basic functions of management. He recommended the selection and training of workers and managers.

[#129] Control system of an organisation has no influence over the _____________.
Correct Answer

(B) external environment

Explanation

Solution: Control system of an organisation has no influence over the external environment. Organizational control systems are a vital aspect of executing strategy because they track performance and identify adjustments that need to be made. Output controls involve measurable results. Behavioural controls involve regulating activities rather than outcomes.

[#130] Taylor whose thoughts go under the name of scientific management made two assumptions 1.The application of the methods of science to organisational problems leads to higher industrial efficiency. 2. The incentive of high wage will promote the mutuality of interest between workers and managers which, in its turn, will lead to higher productivity. 3. The staff members are personally free, observing only the impersonal duties of their offices. 4. There is a clear hierarchy of offices. Select the correct answer:
Correct Answer

(A) Both 1 and 2