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Nature and Significance of Management Test - 21

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Nature and Significance of Management Test - 21
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  • Question 1
    1 / -0
    LLP cannot raise funds from public.
  • Question 2
    1 / -0
    Statemetn I :  A true manager can continue to manage the same way as he has been doing it in the past.
    Statement II : Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation. 

    Select the correct answer from the options given below - 
  • Question 3
    1 / -0
    The three essential managerial skills put forth by Katz include:
    Solution
    Robert Katz identifies three types of skills that are essential for a successful management process:
    • Technical skills,
    • Conceptual skills and
    • Human or interpersonal management skills.
  • Question 4
    1 / -0
    _____is the establishment of a relationship between the employees of organization and outsiders of the organization.
    Solution
    As the name suggests, External coordination is all about establishing a relationship between the employees of the organization and people outside it.
  • Question 5
    1 / -0
    ______ refers to that co-ordination in which a superior authority co-ordinates his work with that of his subordinates and vice versa.
    Solution
     Vertical co-ordination refers to that co-ordination in which a superior authority coordinates his work with that of his subordinates and vice versaThe vertical co-ordination creates authority relationships through chain of command.
  • Question 6
    1 / -0
    The Greek word nomos means ______________.
  • Question 7
    1 / -0
    Forecasts ___________________.
  • Question 8
    1 / -0
    Management is __________ system.
  • Question 9
    1 / -0
    When managers are classified according to their level in the organization they are described as _________________.
  • Question 10
    1 / -0
    Invariably to have good human relations a manager should _______________.
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