Tag: basics of management

Questions Related to basics of management

"Management is the function of getting things done through people and directing the efforts of individuals towards a common objective". It was observed by ________.

  1. Haimann

  2. Kootz and O'Donnell

  3. Hick

  4. Henry Fayol


Correct Option: A

The word "management" derives its origin from ______ word nomos.

  1. Roman

  2. Italian

  3. Greek

  4. Egyptian


Correct Option: C

The term ______ means to increase the value of domestic currency compared to foreign currency. 

  1. Over valuation

  2. Increase in Price index

  3. Monetary measures

  4. Bloatedness/lnflated currency


Correct Option: D

Administration can be viewed as __________.

  1. less important than management

  2. the same thing as management

  3. part of management

  4. separate from management


Correct Option: C

Management qualifies all tests of a profession except __________.

  1. dominance of service motive

  2. restricted entry

  3. systematic body of knowledge

  4. use of know how and skills


Correct Option: D

Management includes ____________.

  1. administrative management

  2. operative management

  3. either (A) or (B)

  4. both (A) & (B)


Correct Option: D

The Greek word nomos means ______________.

  1. Management.

  2. Government.

  3. Organisation.

  4. Consumer.


Correct Option: A

Which of the following is NOT the objective of management?

  1. Not to waste the efforts of management

  2. To save the time efforts & money

  3. Management does not take care of the betterment of the society

  4. None of the above


Correct Option: C

Management can be defined as science because __________.

  1. new knowledge can always change the old established principles of management.

  2. new knowledge of science help the managers.

  3. because scientists are always making new things for the managers.

  4. None of the above.


Correct Option: A