Questions and Answers
Which factor is NOT included in the 4 M's of Management?
Management Body
Which skill is mentioned in the text as essential for a manager to identify key factors?
Analytical skills
Is it true that the amount of time and efforts given for planning and organizing the activities are equal at all levels of management?
False
What is the most important resource of any organization according to the text?
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What is a heuristic?
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Which of the following is NOT assumed in a rational decision?
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Systems are primarily used to help what kinds of decision makers?
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How often do managers typically use intuitive decision making?
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Who first used the concept of Division of Labour?
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Is the statement 'A leader is always a perfectionist' true or false according to the text?
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Which management theorist defined 'Division of Labour' as the division of work among different individuals?
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What does 'Division of Labour' in management principle involve?
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