Business Management - Study Mode

[#216] Employees will be promoted on the basis of seniority is an example of
Correct Answer

(C) policy

Explanation

Solution: Employees will be promoted on the basis of seniority is an example of policy. Seniority is an objective basis for promotion and so each employee is sure of getting promotion.

[#217] The term span of management is also known as _______.
Correct Answer

(B) span of control

Explanation

Solution: The term span of management is also known as span of control. The concept of "span of control," also known as management ratio, refers to the number of subordinates controlled directly by a superior.

[#218] Installation of computer is an example of
Correct Answer

(B) programme

Explanation

Solution: Installation of computer is an example of programme. Installation (or setup) of a computer program (including device drivers and plugins), is the act of making the program ready for execution.

[#219] The statement "management planning involves the development of forecasts, objectives, policies, programmes, procedures, schedules and budgets" is given by
Correct Answer

(C) Louis A Allen

[#220] Which of the following statement is correct?
Correct Answer

(A) Techniques of managerial control are useful in conducting shareholder's meetings