Multiple Choice Questions, write the serial number/alphabet of the correct choice and write the answer corresponding to it. carries
1. What is efficiency?
2. State the number of principles of management propounded by Henry Fayol
3. Principles of management are not,
(a) universal
(b) flexible
(c) absolute
(d) behavioral
4. What is business environment?
5. What is planning?
6. Which of the following is an example for the single use plan? (a) policy (b) procedure (c) budget (d) method
7. Span of management refers to. (a) number of managers (b) length of term for which a manager appointed (c) number of subordinates under a superior (d) number of members in top management.
8. Name one internal source of recruitment.
9. What is workforce analysis?
10. State any one financial incentive.
11. Expand; CPM
12. Current assets are those assets which get converted into cash……….: (a) within six months (b) within one year (c) between one and three years (d) between three and five years.
13. A treasury bill is basically;
(a) An instrument to borrow short-term funds.
(b) An instrument to borrow long-term funds.
(c) An instrument of capital market.
(d) None of above. 14. Give an example for the marketing of services. 15. State any one regulation which provides legal protection to the consumers.
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Answer:
Principles of management are not:-
(a) absolute
(b) Behavioral
(c) universal
(d) Flexible
Principles of management are significant because of:-
(a) Initiative
(b) Increase in efficiency
(c) Optimum utilization of resources
(d) Adaptation to changing technology
Henry Fayol was a
(a) scientist
(b) Accountant
(c) Mining Engineer
(d) Farmer
Which of the following is not a principle by Henry Fayol?
(a) Division of work
(b) Harmony not discord
(c) Discipline
(d) Unity of command
Management should find the one best way to perform a task. Which technique of management states that:-
(a) Time study
(b) Motion study
(c) Fatigue study
(d) Method study
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