Identify the correct sequence of Henri Fayol’s functions of management:
(A) Planning
(B) Organising
(C) Commanding
(D) Controlling
Choose the correct answer from the options given below:
Identify the correct sequence of benefits derived from effective organising:
(A) Benefits of specialisation
(B) Clarity in working relationships
(C) Optimum utilisation of resources
(D) Adaptation to change
Choose the correct answer from the options given below:
Identify the correct sequence of activities in the recruitment process:
(A) Identifying sources of labour supply
(B) Assessing the validity of sources
(C) Choosing the most suitable source
(D) Inviting applications from prospective candidates
Choose the correct answer from the options given below:
The role of top management includes which of the following:
(A) Formulating overall organisational goals and strategies.
(B) Directly overseeing the workforce to ensure quality output.
(C) Integrating diverse elements and coordinating departmental activities.
(D) Implementing plans and policies developed by middle management.
Which of the following is the feature of business environment?
Which of the following best indicates the importance of business environment?
“The increase in the demand for many Ayurvedic medicines, Health products and services in the past few months, is related to the need for building immunity and an increased awareness for healthcare due to the spread of Corona virus.” Identify the feature of business environment being described above.
Since more number of people have become more beauty and health conscious, our economy has witnessed an unprecedented surge in the number of health and beauty spas and wellness clinics.Related feature of business environment being described in the above lines is
With the introduction of mineral water bottle in India, Aqua was able to capture the big market share in India.Which importance of business environment is highlight in the above case.
‘Yo Tummy’ began its business by offering the classic combo of hamburgers and fries. But over time, their customers wanted healthier foods, so ‘Yo Tummy’ responded and began offering healthy alternatives such as salads, fruits, wraps and oat meal. If ‘Yo Tummy’ hadn’t responded, they may have lost customers that wanted to eat healthier foods. The above case highlights one of the points related to the importance of business environment and its understanding by managers. Identify it.
The Rajasthan government has developed surveillance network using latest satellite technology. Under this system, the state’s mining department would be in a position to check illegal mining activities across the state. The state government is also considering the use of drones in its proposed campaign against illegal mining. Identify the related dimensions of business environment.
Which of the following statements is true with respect to the political environment?
In accordance with the economic planning, the government of India gave a lead role to the public sectors for infrastructure industries whereas the private sectors was broadly given the responsibility of developing consumer goods industry. At the same time, the government imposed several restrictions, requisitions and controls on the working of private sector enterprises. Identify the dimension(s) of business environment highlighted above.
What is Toyota's main focus in its business operations?
How does Toyota aim to enhance its global vision?
Which of the following principles is central to Toyota’s corporate values?
What type of technologies does Toyota prioritize according to the passage?
Toyota's principles are designed to guide the company toward which objective?
Management audit is a technique to keep a check on the performance of
Budgetary control requires the preparation of
Which of the following is not a technique of controlling?
Planning gives direction, reduces the impact of change, minimises waste and redundancy and
“All other managerial functions are performed within the framework of the plans drawn. Thus, it can be said that planning preceeds other functions.” This statement describes which function of planning?
‘Bawa Cycles’ was in the business of manufacturing racing cycles and had a monopoly in the market. The business was doing well and the company was consistently meeting its objective of 10% increase in sales every year. Encouraged by the good track record, the Managing Director of the company kept an ambitious target of 15% increase in sales for the next year. The same year, two competitors also entered the market and because of this the company was not able to meet target. Identify the limitation of one of the functions of management because of which the company was not able to achieve its target.
“Planning is required at all levels of management as well as in all departments of the organisation. It is not an exclusive function of top management nor of any particular department. But the scope of planning differs at different levels and among different department.” Identify the feature/characteristic of planning highlighted above.
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