Principles and Practices of Management

201. F.W.Taylor broadly classified the elements of scientific management into ______________ categories.

1. 8.
2. 7.
3. 5.
4. 6.

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202. Commercial activities include ______________, and ______________.

1. planning, organizing & staffing.
2. buying, selling & exchange.
3. production, distribution & customer satisfaction.
4. earning profit, serving society & customer satisfaction.

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203. Fayol's theory of management has ______________ criticisms.

1. 2.
2. 5.
3. 3.
4. 4.

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204. Planning ______________ the members of the organization.

1. controls
2. co-ordinates
3. directs
4. integrates

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205. Planning is done by every person who is working in a business unit because it is ______________.

1. Flexible.
2. Favorable to all.
3. Common to all.
4. A managerial function.

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206. ______________ of a organization should together contribute to the accomplishment of its long-term plans.

1. Strategic plans.
2. Alternative plans.
3. Flexible plans.
4. Short-term plans.

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207. What constitutes fiscal policies, economic conditions, population trends, consumer tastes & preferences, competitors plans & activities & personnel practices?

1. External environment.
2. Internal environment.
3. Micro environment.
4. Macro environment.

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208. ______________ planning retains its specific character and deals exhaustively with all activities aimed at accomplishment of the activity on hand.

1. Activity.
2. Project.
3. Product.
4. Standard.

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209. ______________ objectives which are concerned with creation & maintenance of cultural values through the production of goods and services.

1. Societal.
2. Output.
3. Product.
4. Derived.

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210. Constant review and evaluation is called as ______________.

1. kaizen.
2. innovation.
3. substitution.
4. updating.

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