Business Management - Study Mode

[#251] Which of the following statements are correct? 1. FUnction is the basis of departmentalisation. 2. Product is one of the basis of departmentalisation. 3. Territory is the basis of deparmentation. 4. Authority is the basis of departmentation.
Correct Answer

(C) 1, 2 and 3

[#252] Assertion (A) Managerial roles are dynamic in nature. Reason (R) Managerial skills define managerial roles.
Correct Answer

(D) (A) is incorrect, but (R) is correct

[#253] Graicuna's formula suggests that
Correct Answer

(D) the number of subordinates increases in arithmetic progression while the number of relations increase in geometric progression

[#254] Match the items of List I with List II List-I List-II a. Sales Executive 1. Top-middle Management b. Branch Manager 2. Middle Management c. Foreman 3. Lower Management d. Production Manager 4. Operating Force
Correct Answer

(A) a-4, b-2, c-3, d-1

[#255] Assertion (A) Coordination is an integral function of management. Reason (R) Coordination is done through planning, organising, staffing and controlling.
Correct Answer

(D) Both (A) and (R) are incorrect