Business Management - Study Mode
[#371] Hawthorne experiments were conducted under the leadership of
Correct Answer
(C) Elton Mayo
[#372] Which of the following statement(s) is/are correct? 1. Lack of proper management results in wastage of time and resources. 2. Management establishes a sound organisation by allocating the work to individuals. 3. Management is a science but not art.
Correct Answer
(D) All of these
Explanation
Solution: Statement 1: Lack of proper management results in wastage of time and resources. This statement is correct as effective management ensures efficient utilization of time and resources, while poor management often leads to their wastage. Statement 2: Management establishes a sound organization by allocating the work to individuals. This statement is also correct as one of the key functions of management is to organize and allocate tasks among individuals within an organization to achieve organizational goals. Therefore, both statements 1 and 2 are correct.
[#373] Which of the following organisational structures reduce redundancy and enable free flow of idea and information among the employees?
Correct Answer
(B) Flat organisational structure
[#374] Matrix organisation is the combination of
Correct Answer
(C) project and functional organisation
[#375] Planning function in any enterprise is
Correct Answer
(B) a continuous process