Business Management - Study Mode

[#296] Fixation of standards, measurement of performance, comparison, and correction of deviation are the steps in________.
Correct Answer

(D) control process

Explanation

Solution: Fixation of standards, measurement of performance, comparison, and correction of deviation are the steps in control process. The control process involves carefully collecting information about a system, process, person, or group of people in order to make necessary decisions about each.

[#297] The delegation of authority on the basis of custom, conventions or usage is known as
Correct Answer

(A) oral delegation

Explanation

Solution: The delegation of authority on the basis of custom, conventions or usage is known as oral delegation. Delegation made by written orders and instructions is known as written delegation. Unwritten or oral delegation is based in custom and conventions.

[#298] Planning is looking ahead and control is_________.
Correct Answer

(A) looking back

Explanation

Solution: Planning is looking ahead and control is looking back. Planning is the fundamental management function, which involves deciding beforehand, what is to be done, when is it to be done, how it is to be done and who is going to do it.

[#299] Exchange of ideas, opinions, information etc. between two or more persons is________.
Correct Answer

(C) Communication

Explanation

Solution: Exchange of ideas, opinions, information etc. between two or more persons is Communication. Communication is simply the act of transferring information from one place, person or group to another. Every communication involves (at least) one sender, a message and a recipient.

[#300] Delegation of some of his duties by a subordinate to another subordinate of the same rank is called
Correct Answer

(D) sideward delegation

Explanation

Solution: Delegation of some of his duties by a subordinate to another subordinate of the same rank is called sideward delegation. It takes place when a subordinate assigns some of his duties and authority to another subordinate of the same rank.