Question

1. Policy formulation is the function of :
a) Top Level Managers
b) Middle Level Managers
c) Operational
d) All of the above
2. Co-ordination is
a) Function of Management
c) Objective of Management
b) Essence of Management
d) None of the above
3. Management should find "one best way to perform a task". Which technique of
scientific management is defined in this sentence ?
a) Time Study b) Motion Study
c) Method Study d) Fatigue Study​

Answer 1

Answer:

1. top level managers

2. essence of management

3. method study

Explanation:

1. Policy formulation is the function of the top level managers. They are the ones, responsible for developing the policies and goals for the organization.

2. Coordination, as it relates to business, is defined as integrating activities to ensure resources of an organization are used most efficiently to succeed in achieving the set goal.

3.The correct answer is method study. Management should find the best method to perform a particular task. the best method is one which gives maximum output with minimum wastage of resources.

Answer 2

• Policy formation is the function of the top level managers.
• Policy formation is the job of administrators who organize the working of the organization.
• They formulate policies and procedures and set objectives.

• The managers work under the  administrators  who put the policies and plans into action.
• Coordination as a function of management. Managers aim that the different departments are working in a coordinated manner to reach the organizational objective.
• Method study is a technique defined in this sentence.