Business Management - Study Mode
[#186] The Father of modern management theory is
Correct Answer
(A) Henry Fayol
Explanation
Solution: Henry Fayol is widely regarded as the Father of Modern Management Theory. He introduced a comprehensive framework for management practices, emphasizing the core functions of management such as planning, organizing, commanding, coordinating, and controlling. Taylor , also known as the Father of Scientific Management, focused primarily on improving efficiency through scientific methods. Elton Mayo is known for his contributions to the human relations movement and the Hawthorne studies, which emphasized the social and psychological aspects of work. Therefore, the title of the Father of Modern Management Theory is appropriately attributed to Henry Fayol.
[#187] Decision-making step, which consists of organisation goals, predicting alternatives and communicating goals is called
Correct Answer
(C) planning
[#188] According to Henry Fayol, which one of the following combinations of qualities are required in a manager?
Correct Answer
(C) Physical, mental, moral, educational, technical and experiences
[#189] The process of dividing the work and then grouping them into units and sub-units for the purpose of administration is known as
Correct Answer
(A) departmentation
[#190] Decision-making situations can be categorised along a scale which ranges from
Correct Answer
(A) certainty to risk to uncertainty to ambiguity