Nature and Significance of Management

Which process integrates activities of different departments?

• Management

• Coordination

• Organising

• Controlling

Which of the following is not an organisational objective?

• Profit

• Growth

• Generation of employment

• Survival

Efficiency means

• Doing the task with minimum cost

• Deriving more benefits by using less resources

• Doing the task correctly

• All the above

Which are the functions performed by operational level of management

• Looking the safety of workers

• Representing the problems of workers before the middle level management

• To ensure quality standards are properly followed

• All of these

At which level of Management the manager are responsible for the welfare and survival of the management?

• Middle level

• Top level

• Supervisory

• All the above

To meet the objectives of the firm the management of ABC Ltd., offers employment to physically challenged person. Identify the objective of Management it is trying to achieve.

• Personal objective

• Organisational objective

• Profit

• Social objective

Management is needed at

• Top level

• Middle level

• Supervisory level

• All the above

Gurmeet is working as Regional Manager in ABC Ltd., Name the level of management at which he is working..

• Middle level

• Top level

• Lower level

• All the above

A manager obtains the required capital at 10% interest while the prevailing rate of interest happens to be 8%. How would you describe such a manager ?

• Effective

• Efficient

• Inefficient

• Efficient and Effective

Effectiveness is synonymous with

• Cost minimisation

• Resource control

• Goal attainment

• Efficiency