Business Management - Study Mode
[#236] Which of the following statements are true/false? 1. Directing provides adequate satisfaction. 2. Directing comprises of delegation, authority and departmentalisation. 3. Directing ensures proper feedback. 4. Directing entails maximum contribution.
Correct Answer
(B) 1, 3, 4 are true and 2 is false
[#237] Which of the following is the correct formula for calculating the direct group relations of 'span of control' as given by VA Graicunas?
Correct Answer
(A) $$r = nleft( {frac{{{2^n}}}{n} + left( {n - 1}
ight)}
ight)$$
[#238] According to American School of thought, the difference between administration and management is that
Correct Answer
(A) administration is largely deterministic while management is essentially executive
[#239] The primary function of management is
Correct Answer
(C) planning
Explanation
Solution: The primary function of management is planning. Planning is a primary function of management, hence it gets primary over other management functions. It is a continuous and never ending activity.
[#240] Consumers are satisfied through
Correct Answer
(B) innovation
Explanation
Solution: Consumers are satisfied through innovation. Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method".