To come to a decision means to cut off deliberations and to come to a conclusion. Decision-making is a process of selection and the aim is to select the best alternative. A decision is an act of choice wherein an executive forms …
Meaning of M.B.O. According to Prof. Reddin - “the establishment of effectiveness standards for managerial positions and the periodic conversion of those into measurable time-bound objectives linked vertically and horizontally a…
Definition of Management According to George R.Terry - “Management is a distinct process consisting of planning, organising, actuating and controlling performance to determine and accomplish the objectives by the use of people an…
Mcqs - Chapter 8 - Controlling - Business Studies 1. The controlling function is performed by (a) Top level management (b) Lower level management (c) Middle level management (d) All of the above 2. Deviations are …
Mcqs - Chapter 7 - Directing - Business Studies 1. Which of the following is not a type of personal barrier? (a) Fear of challenge to authority . (b) Unwillingness to communicate (c) Loss by transmission and poor retentio…
Mcqs - Chapter 6 - Staffing - Business Studies 1. Which of the following is an internal source of recruitment? (a) Transfer (b) Advertising on television (c) Casual callers (d) Labour contractors 2. Which of the fol…
Mcqs - Chapter 5 - Organising - Business Studies 1. Name the process which co-ordinates human efforts, assembles resources and integrates both into a unified whole to be utilised for achieving specified objectives, (a) Manage…
MCQs - Chapter 4 - Planning - Business Studies Q1. Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives. (a) Directing (b) Organising (c…