Business Management - Study Mode

[#471] Match List I with List II and select the correct answer: List-I List-II a. Frank B Gilbreth 1. Theory of bureaucracy b. Max Weber 2. Time and motion studies c. FW Taylor 3. Application of psychology to industry and management d. Hugomunsterberg 4. Scientific management
Correct Answer

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

Explanation

Solution: Frank B Gilbreth is associated with time and motion studies. Max Weber is known for his theory of bureaucracy. FW Taylor is a key figure in the development of scientific management. Hugomunsterberg contributed to the application of psychology to industry and management.

[#472] 'Grapevine' is a term used in relation to
Correct Answer

(B) informal communication

[#473] Which of the following are associated with the scientific management movement? 1. Functional Foremanship 2. Centralisation 3. Time and motion study 4. Unity of command Select the correct answer:
Correct Answer

(A) Both 1 and 3

[#474] Which of the following is/are not the method(s) of financial control? 1. Break-even analysis 2. ABC analysis 3. Internal audit 4. Quality circles Select the correct answer:
Correct Answer

(A) Only 4

[#475] Read the following statements about 'staffing' as a strategy formation. Identify the ones which are true. 1. Organisations need to hire 'best' people emphasising person-organisation fit over person-job fit. 2. Organisations need to hire people with unique as well as complementary KSAs in order to have the capability to implement flexible and focused business strategies in a fast changing environment. 3. Organisation need to hire people with talent and creativity to contribute to business strategies in a manner that will take any possible course of action in any direction.
Correct Answer

(D) All of the above