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