Statement - (I) |
: Management is the art of knowing what you want to do and then seeing that it is done in the best and the cheapest way. |
Statement - (II) |
: Management is the process of planning and regulating the activities of an enterprise. |
A. | Statement (I) is correct, but (II) is incorrect |
B. | Statement (II) is correct, but (I) is incorrect |
C. | Both the statements (I) and (II) are incorrect |
D. | Both the statements (I) and (II) are correct |
Option: D Explanation : Click on Discuss to view users comments. |
Assertion - (A) : |
No business runs itself, even on momentum . . . . . every business needs repeated stimulus. |
Reasoning - (R) : |
The management is the dynamic, life giving element in every business, without its leadership, the resources of production remain as resources and never become production |
A. | Assertion (A) and Reasoning (R), both are correct, and (R) is the correct explanation of (A). |
B. | Assertion (A) and Reasoning (R), both are correct, but (R) is not the correct explanation of (A). |
C. | Assertion (A) is correct, but Reasoning (R) is incorrect. |
D. | Reasoning (R) is correct, but Assertion (A) is incorrect. |
Option: A Explanation : Click on Discuss to view users comments. |
Match the items of List - I with List - II :
List – I |
List – II |
(a) Credit Mobilier |
(i) Charles Babbage |
(b) Charleton Twist Company |
(ii) Henry Fayol |
(c) Difference Engine |
(iii) Claud Henri Saint Simon |
(d) Commentry Four Chambault |
(iv) Robert Owen |
Codes: |
|
A. | (iii) (iv) (i) (ii) |
B. | (iii) (i) (iv) (ii) |
C. | (i) (iii) (iv) (ii) |
D. | (ii) (i) (iv) (iii) |
Option: A Explanation : Click on Discuss to view users comments. |
Find out the correct combination of statements with regards to business ethics :
(a) Business ethics is the behavior that a business adheres to in its daily dealings.
(b) The ethics of a particular business can be diverse.
(c) Business ethics has normative and descriptive dimensions.
A. | Only (a) and (b) |
B. | Only (a) and (c) |
C. | Only (b) and (c) |
D. | All (a), (b) and (c) |
Option: D Explanation : Click on Discuss to view users comments. |
Which one of the following is not correct about business ethics ?
A. | Business ethics reflects the philosophy of business. |
B. | Business ethics is a form of applied ethics. |
C. | Business ethics are governed by the Government Policies. |
D. | Ethics are the standards which govern decisions on daily basis. |
Option: C Explanation : Click on Discuss to view users comments. |