BASICS OF MANAGEMENT

What is capital ?

• Constructing of building for a factory

• Purchasing machinery

• Acquiring funds for setting up a factory

• Hiring people

Father of scientific management is

• Henry Gantt

• Frank B.Gilbreth

• Henry Fayol

• Elton Mayo

Management may be defined as the art and science of

• acquiring man, material and machine for a factory

• acquiring funds for a organization

• determining the objectives and policies of the enterprise

• directing industrial activities

Administration is

• directing funds for welfare of peoples of a factory

• art and science of guiding man, material, machine

• determining the objectives and policies of the enterprise

• acquiring funds for setting up a factory

Management is an executing function.

• True

• False

• Can not answer

• I was sleeping in the class

Administration is

• Lower level function

• Top level function

• Middle level function

• None of these

On the basis of Skills , management is

• top level function

• Technical and Human skills

• Conceptual and Human skills

• None of these

Hendry Fayol was a

• German industrialist

• canadian industrialist

• French industrialist

• American industrialist

According to which principle, the interest of the organization must come first

• Unity of direction

• Subordination of individual interest to general interest

• Unity of command

• Authority and Responsibility

What you want to become ?

• salaried person doing naukari

• scientist

• industrialist

• Sports manager