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According to this principle of scientific management, ‘Scientific management has for its foundation the firm conviction that true interest of the management and workers are one and the same; the prosperity for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice versa.’

(a) Harmony, not discord (b) Co-operation, not individualism (c) Science, not rule of thumb (d) All of the above Answer... View Article

According to Taylor, ‘Even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. This can result in tremendous savings of human energy, time, and materials.’ Identify the related principle of scientific management.

(a) Science, not the rule of thumb (b) Harmony, not discord (c) Development of each and every person to get... View Article

‘Rule of thumb’ refers to _______.

(a) Adopting a hit-and-trial approach to resolve management problems (b) Use of personal judgment in handling management issues (c) Both... View Article

Principles of management emphasise logical and rational decision-making rather than on the basis of bias and prejudice. The given statement highlights that the knowledge of principles of management leads to______.

(a) Scientific decisions (b)Providing managers with useful insight into the reality (c) Meeting changing environmental requirements (d) All of the... View Article

The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point in time. Which feature of the principles of management is being described in the given statement?

(a) Contingent (b) General guidelines (c) Cause and effect relationship (d) Mainly behavioural Answer (a) Contingent Explanation: The contingency approach... View Article

The principles of management enhance the understanding of the relationship between human and material resources for the achievement of organisational goals. Identify the feature of the principles of management being described in the given statement.

(a) Mainly behavioural (b) Optimum utilisation of resources and effective administration (c) Formed by practice and experimentation (d) Cause and... View Article

Principles of management can be modified by the manager when the situation demands it. This statement implies that the principles of management are____.

(a) Contingent (b) Rigid (c) Flexible (d) Universally applicable Answer (c) Flexible Explanation: The use of principles of management is... View Article

The principles of management do not provide readymade straitjacket solutions to all management problems because______.

(a) The principles act as general guidelines (b) The real business situations are dynamic (c) The real business situations are... View Article

The principles of management are intended to be applied to all types and sizes of organisations. This statement reflects that the principles of management are_____.

(a) Flexible (b) General guidelines (c) Universally applicable (d) Mainly behavioural Answer (c) Universally applicable Explanation: Principles of management deal... View Article

Which of the following statements is/are true with reference to principles of management?

(a) The principles denote a cause and effect relationship (b) The principles are guidelines to action (c) Principles help the... View Article

The principles of management have been developed on the basis of_____.

(a) Personal experiences of the manager (b) Experimentation (c) Observation (d) All of the above Answer (d) All of the... View Article

Which of the following statements best defines the techniques of management?

(a) They are general rules for the behaviour of individuals (b) It is a procedure that involves a series of... View Article

The principles of pure science are considered to be _________ in nature.

(a) Rigid (b) Flexible (c) Creative (d) None of the above Answer (c) Creative Explanation: Management has combined features of... View Article

By profession, F W Taylor was a ________.

(a) Mechanical engineer (b) Human resource officer (c) Psychologist (d) Mining engineer Answer (a) Mechanical engineer Explanation: F W Taylor... View Article

Which of the following statements is true with reference to principles of management?

(a) The principles of management are yet to be evolved. (b) The principles of management have evolved. (c) The principles... View Article

Identify the feature of coordination being highlighted in the given statement: ‘Coordination is not a one-time function, it begins at the planning stage and continues till controlling.’

(a) Coordination is an all-pervasive function (b) Coordination ensures unity of action (c) Coordination is a continuous process (d) Coordination... View Article

Identify the process that provides the requisite amount, quality, timing, and sequence of efforts, which ensures that planned objectives are achieved with a minimum of conflict.

(a) Planning (b) Management (c) Coordination (d) Controlling Answer (c) Coordination Explanation: Coordination is the capacity of the management that... View Article

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