Business Management - Business Management MCQ

26:  

Organisation Theory deals with

A.

Forms of business organisation

B.

Structure of an organisation

C.

Industrial relations

D.

Incentives and wage policy

 
 

Option: B

Explanation :

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27:  
Consider the following steps:
1. Analysis of variances
2. Initiating corrective action
3. Measurement of Actual performance
4. Establishment of standards
What is the sequence of steps?
A.

1,2,3,4

B.

2,3,1,4

C.

3,1,2,4

D.

4,3,1,2

 
 

Option: D

Explanation :

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28:  
The following steps are involved in managing by objectives
1. Preliminary setting of objectives at the top
2. Setting subordinates objectives
3. Tying resources with the goals
4. Clarifying the organisational roles
The correct sequence of these steps is
A.

1,2,3,4

B.

1,2,4,3

C.

1,3,2,4

D.

1,4,2,3

 
 

Option: B

Explanation :

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29:  
The main advantage of functional organisation is
A.

Specialisation

B.

Simplicity

C.

Expert advice

D.

Experience

 
 

Option: A

Explanation :

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30:  

In a Functional organization

A.
There are no advisers, the executive alone having the authority and competence
B.
There are specialist advisers having no authority
C.
The entire organization is divided into functions with specific role for specialists.
D.
The organization is divided into functions with specialists having authority.
 
 

Option: D

Explanation :

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