Business Management - Study Mode
[#171] Henry Fayol laid down
Correct Answer
(C) 14 principles
Explanation
Solution: Henry Fayol laid down 14 principles. They are Division of Work, Authority and Responsibility, Discipline, Unity of Command, Unity of Direction, Subordination of Individual Interest, Remuneration, The Degree of Centralization, Scalar Chain, Order, Equity, Stability of Tenure of Personnel, Initiative and Esprit de Corps.
[#172] F.W. Taylor is associated with____________.
Correct Answer
(A) Scientific Management
Explanation
Solution: F.W. Taylor is associated with Scientific Management. In this, he proposed that by optimizing and simplifying jobs, productivity would increase. He also advanced the idea that workers and managers needed to cooperate with one another. This was very different from the way work was typically done in businesses beforehand. A factory manager at that time had very little contact with the workers, and he left them on their own to produce the necessary product. There was no standardization, and a worker's main motivation was often continued employment, so there was no incentive to work as quickly or as efficiently as possible.
[#173] __________function is regarded as the essence of management.
Correct Answer
(C) co-ordination
Explanation
Solution: Co-ordination function is regarded as the essence of management. The meaning of this sentence implies, Co-ordination affects all the functions of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.
[#174] Henry Fayol was a French____________.
Correct Answer
(A) Industrialist
Explanation
Solution: Henry Fayol was a French Industrialist. Henri Fayol (29 July 1841 – 19 November 1925) was a French mining engineer, mining executive, author and director of mines who developed general theory of business administration that is often called Fayolism.
[#175] Principles of Management was contributed by
Correct Answer
(C) Hendry Fayol
Explanation
Solution: Principles of Management was contributed by Hendry Fayol. Henry Fayol's contribution to management theory is certainly remarkable. He gave overall concepts of general management and suggested the basic functions of management. He recommended the selection and training of workers and managers.