Commerce Exam > Commerce Questions > Direction: In the following questions, a sta...
Start Learning for Free
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.
Reason (R): Managerial decisions must be timely and realistic.
- a)Both (A) and (R) are true, and (R) is the correct explanation of (A).
- b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).
- c)(A) is true, but (R) is false.
- d)(A) is false, but (R) is true.
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Direction: In the following questions, a statement of Assertion (A) i...
An effective decision must be based on facts, thoughtful and justifiable in terms of the required purpose. Decisions must be timely and realistic. Principles of management help the managers in taking decisions based on the objective assessment of the situation, free of any bias and prejudice.
View all questions of this test
Most Upvoted Answer
Direction: In the following questions, a statement of Assertion (A) i...
Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.
Reason (R): Managerial decisions must be timely and realistic.
The correct answer is option A, which states that both the assertion (A) and the reason (R) are true, and (R) is the correct explanation of (A).
Explanation:
Management principles are guidelines or fundamental concepts that help managers make effective decisions and achieve organizational goals. These principles are based on years of research and experience in the field of management. They provide a framework for managers to analyze situations and make decisions that are objective and based on sound reasoning.
Principles of management help managers in the following ways:
1. Objective assessment: The principles of management provide a systematic approach to evaluate a situation objectively. They enable managers to assess the situation from different perspectives, consider various factors, and make decisions based on facts and data rather than personal bias or emotions.
2. Rational decision-making: The principles of management promote rational decision-making. They emphasize the importance of considering all available options, weighing their pros and cons, and selecting the most appropriate course of action. This helps managers make decisions that are logical, well-informed, and aligned with the organization's objectives.
3. Consistency: Management principles provide a consistent and standardized approach to decision-making. They ensure that decisions are made in a similar manner across different situations, departments, or levels of the organization. This promotes fairness, transparency, and uniformity in decision-making processes.
4. Timeliness: Managerial decisions must be timely to be effective. The principles of management help managers analyze situations promptly, identify key issues, and make decisions within the required time frame. This ensures that opportunities are not missed, problems are addressed promptly, and the organization can respond quickly to changes in the business environment.
5. Realistic decisions: Managerial decisions must be realistic and practical. The principles of management guide managers in evaluating the feasibility and viability of different options. They help managers consider the available resources, constraints, and risks associated with each decision. This ensures that decisions are realistic and can be implemented successfully.
In conclusion, the principles of management play a crucial role in helping managers make objective, rational, timely, and realistic decisions. They provide a framework for managers to assess situations, consider various factors, and make informed choices that are aligned with the organization's objectives. Therefore, both the assertion (A) and the reason (R) are true, and (R) is the correct explanation of (A).
Reason (R): Managerial decisions must be timely and realistic.
The correct answer is option A, which states that both the assertion (A) and the reason (R) are true, and (R) is the correct explanation of (A).
Explanation:
Management principles are guidelines or fundamental concepts that help managers make effective decisions and achieve organizational goals. These principles are based on years of research and experience in the field of management. They provide a framework for managers to analyze situations and make decisions that are objective and based on sound reasoning.
Principles of management help managers in the following ways:
1. Objective assessment: The principles of management provide a systematic approach to evaluate a situation objectively. They enable managers to assess the situation from different perspectives, consider various factors, and make decisions based on facts and data rather than personal bias or emotions.
2. Rational decision-making: The principles of management promote rational decision-making. They emphasize the importance of considering all available options, weighing their pros and cons, and selecting the most appropriate course of action. This helps managers make decisions that are logical, well-informed, and aligned with the organization's objectives.
3. Consistency: Management principles provide a consistent and standardized approach to decision-making. They ensure that decisions are made in a similar manner across different situations, departments, or levels of the organization. This promotes fairness, transparency, and uniformity in decision-making processes.
4. Timeliness: Managerial decisions must be timely to be effective. The principles of management help managers analyze situations promptly, identify key issues, and make decisions within the required time frame. This ensures that opportunities are not missed, problems are addressed promptly, and the organization can respond quickly to changes in the business environment.
5. Realistic decisions: Managerial decisions must be realistic and practical. The principles of management guide managers in evaluating the feasibility and viability of different options. They help managers consider the available resources, constraints, and risks associated with each decision. This ensures that decisions are realistic and can be implemented successfully.
In conclusion, the principles of management play a crucial role in helping managers make objective, rational, timely, and realistic decisions. They provide a framework for managers to assess situations, consider various factors, and make informed choices that are aligned with the organization's objectives. Therefore, both the assertion (A) and the reason (R) are true, and (R) is the correct explanation of (A).
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Top Courses for CommerceView all
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?
Question Description
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Principles of management help the managers in taking decisions based on the objective assessment of the situation.Reason (R): Managerial decisions must be timely and realistic.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup