Business Management - Study Mode
[#431] Selecting a best course of action among the alternatives is called as_________.
Correct Answer
(A) decision making
Explanation
Solution: Selecting a best course of action among the alternatives is called as decision making. Decision-Making is a process of selection from a set of alternative courses of action which is thoughtful to fulfill the objective of the decision problem more satisfactorily than others.
[#432] A decision which is taken to meet unexpected situation__________.
Correct Answer
(C) crisis decision
Explanation
Solution: A decision which is taken to meet unexpected situation crisis decision. Crisis is a time of intense difficulty or danger – a time when a difficult or important decision must be made.
[#433] The authority is decentralized in which leadership style
Correct Answer
(D) democratic style
Explanation
Solution: The authority is decentralized in democratic leadership style. Democratic leadership, also known as participative leadership or shared leadership, is a type of leadership style in which members of the group take a more participative role in the decision-making process.
[#434] The right of a person to give instructions to his subordinates is known as_________.
Correct Answer
(B) authority
(F) authority
Explanation
Solution: The right of a person to give instructions to his subordinates is known as authority. Authority, in simple words, is the right way of commanding subordinates, issuing orders and instructions, and exacting obedience from the team. It is also the right of the manager to make decisions. Also, to act or not to act depends on how he perceives the objectives of the organization.
[#435] Deal with routing and repetitive problems is a
Correct Answer
(A) programmed decision
Explanation
Solution: Deal with routing and repetitive problems is a programmed decision. A routine or repetitive decision that can be handled by established business rules or procedures. These types of decisions are often called for at certain points in a standard process, and are decided based on recognized and easily identifiable factors.