Business Management - Study Mode

[#461] A decision which is taken to meet unexpected situation__________.
Correct Answer

(C) crisis decision

Explanation

Solution: A decision which is taken to meet unexpected situation crisis decision. Crisis is a time of intense difficulty or danger – a time when a difficult or important decision must be made.

[#462] The authority is decentralized in which leadership style
Correct Answer

(D) democratic style

Explanation

Solution: The authority is decentralized in democratic leadership style. Democratic leadership, also known as participative leadership or shared leadership, is a type of leadership style in which members of the group take a more participative role in the decision-making process.

[#463] The right of a person to give instructions to his subordinates is known as_________.
Correct Answer

(B) authority
(F) authority

Explanation

Solution: The right of a person to give instructions to his subordinates is known as authority. Authority, in simple words, is the right way of commanding subordinates, issuing orders and instructions, and exacting obedience from the team. It is also the right of the manager to make decisions. Also, to act or not to act depends on how he perceives the objectives of the organization.

[#464] Which is not a step in planning?
Correct Answer

(D) Welfare activities

[#465] Which of the following is/are the features of neo-classical theory?
Correct Answer

(D) All of the above