5 Questions
According to Peter F. Drucker, which of the following defines management?
Management is a multipurpose organ that manages a business and manages manager, and manages worker and work.
What is the meaning of authority in management?
Authority means the right of a superior to give the order to his subordinates.
What is the role of responsibility in management?
Responsibility means the obligation for performance.
What does span of management refer to?
The number of subordinates a superior can manage efficiently.
Which of the following is considered a tool of management?
Accounting
Test your knowledge of Principles of Management with this quiz covering the fundamental concepts and tools used in the field of management. Assess your understanding of management as an art, its goal-oriented nature, and the various tools such as accounting, business law, psychology, and statistics. Perfect for students studying commerce and preparing for exams.
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