Classical

Business Management - Business Management Objective Type Questions

51:  
Consider the following statements:
1. Authority flows downward but responsibility flows upward.
2. Authority should be equal to responsibility.
3. Both authority and responsibility are divisible.
4. lf delegation is the end, then decentralization should be the means.
Of these statements
A.

1 and 2 are correct

B.

3 and 4 are correct

C.

1, 2 and 3 are correct

D.

2, 3 and 4 are correct

 
 

Option: A

Explanation :


52:  
Following are the steps in the process of Delegation of Authority:
1. Assignment of task
2. Creation of responSibility
3. Granting authority
4. Fixing accountability
The correct sequence of these steps is:
A.

1,3,2,4

B.

1, 4, 2,3

C.

1,3,4,2

D.

1,2,3,4

 
 

Option: D

Explanation :




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