Business Management - Study Mode

[#76] What does 'Hierarchy of Authority' means? 1. The lower levels have to pursue the goals laid down by higher levels. 2. The upper levels of hierarchy set the goals to be pursued. 3. The upper level can not take disciplinary action against subordinates. 4. The lower levels have freedom to carry out the operations. Select the correct answer:
Correct Answer

(A) Both 1 and 2

[#77] Among the following who is known for scientific selection of workers and "Harmonious Co-operation between labour and management."
Correct Answer

(D) Henry L Gantt

[#78] The chain of command from the highest authority to the lowest level in the organization is _________.
Correct Answer

(D) Scalar chain

Explanation

Solution: The chain of command from the highest authority to the lowest level in the organization is Scalar chain. Scalar chain is the formal line of authority which moves from highest to lowest rank in a straight line. This chain specifies the route through which the information is to be communicated to the desired location/person.

[#79] General and Industrial Management was written by
Correct Answer

(D) Hendry Fayol

Explanation

Solution: General and Industrial Management was written by Hendry Fayol. Henri Fayol (1841 – 1925) was a French coal-mine engineer, director of mines and modern management theoretician. His scientific management theory forms the base for business administration and business management. In the academic world, this is also known as Fayolism. Henri Fayol provided one of the most influential modern management concepts of his time. He is founder of the 14 Principles of management and the five functions of management.

[#80] Study of the movements of both the workers and the machine to eliminate wasteful movement is ___________.
Correct Answer

(C) motion study

Explanation

Solution: Study of the movements of both the workers and the machine to eliminate wasteful movement is motion study. Motion study is a systematic way of determining the best method of doing the work by scrutinizing the motions made by the worker or the machine.