Nature and Sign...

Consider the following information: ‘Management has vast theories and principles which were developed over the years with continuous observation and experimentation. Nowadays, these theories are taught as disciplines in various institutes. However, in real life, managers must apply these theories in a unique manner as per the condition, which requires practice.’Which aspect/s of management is being highlighted in the given information?

Joy was assigned the task of producing 100 units of output using 50 units of input in 10 days. However, in 10 days, he was able to produce only 80 units while all the units of input were exhausted. Which of the following aspects is being achieved by Joy?

Consider the following information: ‘This function of management involves setting standards of performance and accordingly comparing the present performance with the set standards.’ Which of the following functions of management is being described in the given statement?

Statement 1: Principles of management were developed over years through continuous observation and experimentation. Statement 2: Principles of management can be applied as they are and do not require any modification. Which of the following alternatives is correct with regard to the given information?

Jyoti recently joined ABC Ltd. where her responsibilities include the following: 1. Coordinate different activities in the organisation 2.  Keep an eye on the changes in the business environment 3.  Formulation of goals and objectives for the organisation According to the given information, at which level of management has Jyoti joined?

Which of the following statements is not true with regard to management?

Consider the following information: ‘XYZ Ltd. is a cloth-manufacturing firm. In financial year 2015-16, it earned a profit of Rs 30 crore which was well above the cost which it incurred of Rs 10 crore. One of the highlighting features of the firm is that it uses techniques of production that are environment-friendly. However, the employees of the firm are dissatisfied as the salaries they get are less than the industry standards.’ According to the given information, which of the following objectives of management are being satisfied?

Providing motivation and leadership is a part of which of the following functions of management?

Which of the following levels of management would be responsible for interpreting the policies framed and for assigning work?

Consider the following information:

Based on the above information, in which of the following situations efficiency can be said to be improved?