Commerce 3, Unit 2

Objectives should be SMART, here M stands for _____

• Measurable
• Manageable
• Mandatory
• Motivated

_____ reflects the philosophy and basic purpose of the organisation.

• strategy

• planning

• Mission

• policy

Strategies are ______

• Standing Plans

• Single-use Plans

Budgets are ______

• Standing Plans

• Single-use Plans

Programmes are ______

• Standing Plans

• Single-use Plans

______ is an integration or synchronisation of group efforts in an organisation.

• Planning

• Coordination

• Cooperation

• Competition

______ is also called as Management by Results (MBR).

• MBO

• MBE

______ is a management technique by which managers' focus only on those events or activities which deviate significantly from standards.

• Management by Objectives

• Management by Exception

____ is not a component of Management Information System (MIS).

• Hardware

• Software

• People

• Program

'Windows' is an example of _____.

• System Software

• Application Software