Business Management - Study Mode

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[#606] Carzo and Yanaozas identifies three sub-systems in an organisation as a systems approach, Which one is not the sub-system?

(A) Technical sub-system

(B) Economic sub-system

(C) Social sub-system

(D) Power sub-system

Correct Answer

(B) Economic sub-system

[#607] 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:

(A) Only 4

(B) Both 2 and 4

(C) 1, 2 and 3

(D) 1, 2 and 4

Correct Answer

(A) Only 4

[#608] 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.

(A) Only 1

(B) Both 1 and 2

(C) Both 2 and 3

(D) All of the above

Correct Answer

(D) All of the above

[#609] The human relations theory can be termed as

(A) humanistic theory

(B) social economic theory

(C) Either A or B

(D) Both A and B

Correct Answer

(C) Either A or B

[#610] "Focus on social environment" is related to the

(A) human relations

(B) unity of direction

(C) unity of command

(D) None of these

Correct Answer

(A) human relations