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Pricing Schools Business

Features Pricing Schools Business

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Principles of Management

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Questions and Answers

What is the main advantage of Division of Labor?

Increases production and quality through specialization (correct)

Increases authority and responsibility

Decreases discipline and unity

Reduces production and quality through generalization

What is the relationship between authority and responsibility?

Authority is exercised without responsibility

Authority is exercised with responsibility (correct)

Authority and responsibility are two separate concepts

Responsibility is exercised without authority

What is the main goal of unity of command?

To ensure a single superior gives instructions (correct)

To ensure multiple superiors give instructions

To ensure fair remuneration

To ensure equal distribution of workload

Why is it important to subordinates individual interests to general interest?

To ensure the interest of the business prevails (A) Signup and view all the answers

What is the main goal of fair remuneration of personnel?

To receive employee loyalty and support (A) Signup and view all the answers

What is the main advantage of centralization?

Obtaining economy of scales necessary for optimum return (D) Signup and view all the answers

What is the main purpose of the scalar chain?

To ensure communication through the chain of ultimate authority to the lowest rank (C) Signup and view all the answers

What is the main goal of order in an organization?

A place for everything and everything in its place (B) Signup and view all the answers

What is the main concept of equity in an organization?

The combination of kindness and justice (C) Signup and view all the answers

Why is stability of tenure of personnel important?

To reduce inefficiency (B) Signup and view all the answers

What is the main goal of esprit de corps?

To bring a strong union (B) Signup and view all the answers