Business Management - Study Mode

[#516] You are the manager of a firm. Which of the following activities do you initiate first?
Correct Answer

(A) Planning

[#517] The function of attracting, acqumng and inducting human resources in an organisation is called
Correct Answer

(C) staffing

[#518] Which of the following give rise to authority?
Correct Answer

(D) All of these

[#519] The followers themselves take decisions for which they get authority under
Correct Answer

(C) free rein style

Explanation

Solution: The followers themselves take decisions for which they get authority under free rein style. Free-rein leadership, also called Laissez-Faire, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. Mangers set objectives and employees are free to do whatever is appropriate to accomplish those objectives.

[#520] Elements of delegation_________.
Correct Answer

(A) responsibility, authority, accountability

Explanation

Solution: Elements of delegation are responsibility, authority and accountability. Every time you delegate work to a teammate, three inescapable core elements of delegation are in play. Authority, responsibility, and accountability form an integrated process and must be applied by you as a unified whole.