Effectiveness & Efficiency

Q.

Is Management a Profession? Explain

Q.

What Are the Advantages of Scientific Management?

Q.

Give the meaning of "efficient utilisation of resources" and "effectiveness".

Q. Answer the following questions.

What are the techniques of scientific management according to F.W. Taylor?

Q.

Which of the following is NOT a measure of a manager's effectiveness?

1. Accidents at work.

2. Speed of promotion through the organisation.

3. Absenteeism and sickness

4. None of these

Q.

An example of an effective standard for a control system would be:

1. Planning to increase sales of product A from 5, 000 to 10, 000 per month by December of next year.

2. None of these

3. deciding to hire 5 new employees.

4. Renting new premises

Q.

Which of the following departments manages the company's money?

1. Finance Department

2. Human Resource Department

3. Production Department

4. None of these

Q.

___ is concerned with the optimum utilisation of resources and performing a task with minimum time and effort.

1. Efficiency

2. Emergent

3. Effectiveness

4. None of these

Q.

Receivables management deals with

Q.

Who amongst the following holds the top management position in a company?

1. Senior Manager

2. Chief Executive Officer (CEO)

3. Assistant Manager

4. Associate

Q.

What is meant by 'responsibility for'?

Q. Give the meaning of "efficient utilization of resources" and "effectiveness".

Q. 'A successful enterprise has to achieve its goals effect and efficiently.' Explain

Q. ________ is conducted by the employer with an employee at the time of separation to know the reason for separation.

1. Dismissal
2. Resignation
3. Layoff
4. Exit interview

Q. management aims at managing funds for business at low cost.

1. Financial
2. Human
3. Technical

Q. Which of the following is NOT a measure of a manager's effectiveness?

1. absenteeism and sickness
2. level of staff turnover
3. accidents at work
4. speed of promotion through the organisation

Q. Who of the following is included in definition of "Key Managerial Personnel" as per Companies Act, 2013?

1. Chief Financial Officer
2. Chief Business Officer
3. Chief Accounts Officer
4. Chief Administrative Officer