Business Management - Study Mode

[#206] Who coined the term 'POSDCORB'?
Correct Answer

(B) L Gullick

[#207] Gang plank theory of communication advanced by Henry Fayol is an example of
Correct Answer

(B) lateral communication

Explanation

Solution: Gang Plank Theory was introduced by Henry Fayol as a part of his 14 principles of management, specifically under the Scalar Chain Principle . According to Fayol, communication in an organization generally follows a hierarchical structure. However, in urgent situations, direct communication between employees at the same level (lateral communication) is allowed, bypassing the long chain of command. This concept is known as the Gang Plank and helps in faster decision-making and efficient communication without violating the scalar chain principle. Since it involves communication between individuals at the same level in the organizational hierarchy, it is an example of lateral communication.

[#208] According to Henry Fayol, which of the following statements is correct?
Correct Answer

(C) There is no difference between management and administration

[#209] The process of dividing the large monolithic functional organization into small and flexible administrative units is called ________.
Correct Answer

(C) departmentation

Explanation

Solution: The process of dividing the large monolithic functional organization into small and flexible administrative units is called departmentation. Departmentation is a process of dividing the large monolithic functional organization into smaller and flexible administrative units.

[#210] Complete installation of computer within 3 months is an example of
Correct Answer

(D) schedule

Explanation

Solution: Complete installation of computer within 3 months is an example of schedule. Schedule management is the process of developing, maintaining and communicating schedules for time and resource. A schedule is the timetable for a project, programme or portfolio.