Business Management - Study Mode

[#271] Assertion (A) The organisational structure should follow the organisational strategy. Reason (R) Structure are for achieving the objectives are derived from overall strategy.
Correct Answer

(B) (A) is correct and (R) is the right explanation of (A)

[#272] Which of the following statements are true about Herbert A Simon's decision-making process? 1. Decision-making process involves intelligence, design and choice activities. 2. Decision-making involves choice between alternative plans of action. 3. Bounded rationality has no significance in decision-making process. 4. Satisficing model brings about a balance between individual and organisational value judgement in decision-making process.
Correct Answer

(D) 1, 2 and 4 are true
(H) 1, 2 and 4 are true

[#273] Who among the following are known for study of work arrangements to eliminate wasteful hand and body motions?
Correct Answer

(B) Frank and Lillian Gilbreth

[#274] The managerial function of guiding, overseeing and leading people is
Correct Answer

(B) directing

[#275] The overall process of decision-making in staff selection includes which of these stages?
Correct Answer

(D) All of the above