CH-11 Leading and Managing People

The management of the company is accountable to ........................................

• The owner

• Share holders

• Govt. In the case of Public ltd

• All of the above

The Definition of Management as per Stewart is ..................................

• Getting things done through other people

• Experts who run a company

• People who act on behalf of the stake holders

• None of the above

Organization is defined as. “a Social arrangement for the controlled performance of collective goals."

• True

• False

Organization Definition suggest that Somebody have to look after the interest of the ...................... And other ...............

A. Government

B. NGOs

C. Organization Owners

D. Stake holders

• A & B

• B & C

• A & D

• C & D

............................ Have to be set for the Organization

• Objectives

• Principles

• Rules and Regulations

• Guidelines

Its the role of the manager to take ......................... And ................. People to get things done.

A. Challenge

B. Responsibility

C. Motivate

D. Organize

• A & B

• B & D

• C & D

• A & D

Authority is the Decision making discretion given to the managers while responsibility is the obligation to perform duties.

• True

• False

Power is the right to do something while Authority is the ability to do something.

• True

• False

............................. Is the liability of a person to discharge duties and obligation to do something.

• Rules

• Responsibility

• Authority

• Accountability

......................... In known as when a superior gives to a subordinate the discretion to make decisions within a certain sphere of influence.

• Delegation of Authority

• Responsibility

• Subordinate Power and rights

• Liability of Worker.