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Chapter 7: Directing Elements and Features Quiz

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Chapter 7: Directing Elements and Features Quiz

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Questions and Answers

What is the main purpose of directing in an organization?

To initiate action towards organizational goals (correct)

To create confusion among employees

To discourage employees from achieving goals

To limit communication within the organization

Which of the following is NOT considered an element of directing?

Leadership

Budgeting (correct)

Supervision

Motivation

What does directing initiate in an organization?

Clear communication

Inaction and stagnation

Action towards organizational goals (correct)

Employee demotivation

Which term best describes directing in relation to organizational processes?

An ongoing process Signup and view all the answers

What is the role of communication in directing?

To facilitate understanding and guidance Signup and view all the answers

What is the purpose of Treasury bills (T-Bills) issued by the Reserve Bank of India?

To provide short-term funds for the Government of India Signup and view all the answers

How long can the maturity period of a commercial paper range from?

15 days to 12 months Signup and view all the answers

What type of instrument are Certificate of Deposits (CDs) issued by commercial and development financial institutions?

Negotiable, short-term instruments Signup and view all the answers

What is the purpose of Call Money in the banking system?

To meet the short-term cash needs of banks Signup and view all the answers

What is the primary purpose of Commercial Bills in business transactions?

To serve as a short-term financing instrument between firms Signup and view all the answers