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Total Questions : 674 | Page 67 of 68 pages
Question 661. Decision making helps in the smooth function of the___________.
  1.    business
  2.    staffing
  3.    organization
  4.    planning
 Discuss Question
Answer: Option A. -> business
Decision making helps in the smooth function of the business. Decision making is related to planning, organizing, directing and controlling functions of a manager. Decision making is important to achieve the organizational goals/objectives within given time and budget. Decision-making is a pervasive function of managers aimed at achieving organizational goals.
Question 662. The leader hold his leadership because he is loyal to his followers is
  1.    autocratic style
  2.    democratic style
  3.    free-rein style
  4.    creative style
 Discuss Question
Answer: Option B. -> democratic style
The leader hold his leadership because he is loyal to his followers is democratic style. Democratic leadership, also known as participative leadership or shared leadership, is a type of leadership style in which members of the group take a more participative role in the decision-making process.
Question 663. The transmission of thoughts from person to another is___________.
  1.    communication
  2.    controlling
  3.    consultative
  4.    organizing
 Discuss Question
Answer: Option A. -> communication
The transmission of thoughts from person to another is communication. Communications is fundamental to the existence and survival of humans as well as to an organization. It is a process of creating and sharing ideas, information, views, facts, feelings, etc. among the people to reach a common understanding. Communication is the key to the Directing function of management.
Question 664. The primary function of management is
  1.    staffing
  2.    directing
  3.    planning
  4.    decision making
 Discuss Question
Answer: Option C. -> planning
The primary function of management is planning. Planning is a primary function of management, hence it gets primary over other management functions. It is a continuous and never ending activity.
Question 665. Consumers are satisfied through
  1.    motivation
  2.    innovation
  3.    communication
  4.    management
 Discuss Question
Answer: Option B. -> innovation
Consumers are satisfied through innovation. Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method".
Question 666. Growth and prosperity of any organization depends upon
  1.    competition
  2.    planning
  3.    division of work
  4.    organizing
 Discuss Question
Answer: Option B. -> planning
Growth and prosperity of any organization depends upon planning. It is the most challenging activity for the management because it leads to the growth and prosperity of the organization. Planning facilitates decision making: Planning is done keeping in mind the future. Planning involves setting targets and predicting future conditions thus helping in taking rational decisions
Question 667. Planning brings
  1.    co-operation
  2.    coordination and co-operation
  3.    controlling
  4.    resources
 Discuss Question
Answer: Option B. -> coordination and co-operation
Planning brings coordination and co-operation. Co-ordination is an orderly arrangement of efforts to provide unity of action in the fulfillment of common objective whereas co-operation denotes collective efforts of persons working in an enterprise voluntarily for the achievement of a particular purpose. It is the willingness of individuals to help each other.
Question 668. Men, Money Material and Machines are included in
  1.    factors of production
  2.    resources
  3.    budget preparation
  4.    cost analysis
 Discuss Question
Answer: Option B. -> resources
Men, Money Material and Machines are included in resources. Resource management is the process by which businesses manage their various resources effectively. Those resources can be intangible – people and time – and tangible – equipment, materials, and finances. It involves planning so that the right resources are assigned to the right tasks.
Question 669. Plans, policies and procedures are the functions of
  1.    top level management
  2.    middle level and bottom level management
  3.    middle level management
  4.    bottom level management
 Discuss Question
Answer: Option A. -> top level management
Plans, policies and procedures are the functions of top level management. These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business. In addition, top-level managers play a significant role in the mobilization of outside resources.
Question 670. _______Plans are made to achieve the overall organizational goals
  1.    tactical plans
  2.    strategic plans
  3.    operational plans
  4.    single use plans
 Discuss Question
Answer: Option B. -> strategic plans
Strategic Plans are made to achieve the overall organizational goals. The purpose of strategic planning is to set your overall goals for your business and to develop a plan to achieve them. It involves stepping back from your day-to-day operations and asking where your business is headed and what its priorities should be.

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