Business Management - Study Mode

[#236] Which of the following is not the activity to be performed while determining the organisational structure as per PF Drucker?
Correct Answer

(B) Situational analysis

[#237] Plans, policies and procedures are the functions of
Correct Answer

(A) top level management

Explanation

Solution: Plans, policies and procedures are the functions of top level management. These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. In addition, top-level managers play a significant role in the mobilization of outside resources.

[#238] _______Plans are made to achieve the overall organizational goals
Correct Answer

(B) strategic plans

Explanation

Solution: Strategic Plans are made to achieve the overall organizational goals. The purpose of strategic planning is to set your overall goals for your business and to develop a plan to achieve them. It involves stepping back from your day-to-day operations and asking where your business is headed and what its priorities should be.

[#239] A structure of relationship is called as
Correct Answer

(A) organization

Explanation

Solution: A structure of relationship is called as organization. An organizational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organization. These activities can include rules, roles, and responsibilities.

[#240] Passing of authority to make decisions to the lowest possible level in the organizational hierarchy is known as
Correct Answer

(C) decentralization

Explanation

Solution: Passing of authority to make decisions to the lowest possible level in the organizational hierarchy is known as decentralization. Decentralization is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.