“The activities involved in managing an enterprise are common to all organisations whether economic, social or political.” Which characteristic of management is highlighted in the above statement?
Which of the following statements is false with respect to Planning?
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Which function of marketing is concerned with the cost and location of target market?
Name the process of working with and through others to effectively achieve organizational objectives by efficiently using limited resources in a changing environment.
Management principles are very _________ whereas pure science principles are rigid.
“A car manufacturer offers to sell a particular brand of car at a discount of ₹ 10,000 for a limited period”. Identify the sales promotion activity in the above example.
Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”
That part of a brand which can be recognized but which is not utterable is called _______.
Delegation refers to the_______ transfer of authority.
“By stating in advance how work is to be done planning provides direction for action.” is suggested by which of the following importance of planning:
Which of the following is an advantage of divisional structure?
“Top management undertakes planning for the organisation as a whole. Middle management does the departmental planning. At the lowest level, day-to-day operational planning is done by supervisors”.
Which of the following feature of planning is highlighted in the above text?
Which of the following statement is correct with respect to marketing management?
“The significance of political conditions in business success lies in the predictability of business activities under stable political conditions”, is a major element of which of the following components of the Business Environment?
Why packaging and labelling have become so important in modern day marketing?
Which of the following is the first step in the process of planning?
____ refers to producing goods of predetermined specifications, which helps in achieving uniformity and consistency in the output.
Advertisements, including packets of cigarettes carry the statutory warning ‘Cigarette smoking is injurious to health’. Which dimension of the business environment is highlighted in the above statement?
Management principles are derived by______
Which of the following importance of organizing “reduces the workload as well as enhances productivity”?
______ is referred to as the essence of marketing.
Business environment is a _________ phenomenon.
A ________ structure is an organisational design that groups similar or related jobs together.
According to Taylor, there should be an almost equal division of work and responsibility between workers and management.
Identify the principle of Scientific management being discussed above.
Sana enterprises Ltd. manufactures dresses for women. Sana plans her dresses collection in the month of January itself. She has to then ensure that there is adequate workforce and continuously monitor whether production is proceeding according to plans.
Identify the feature of coordination mentioned in the above the text?
____ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished.
For the following two statements choose the correct option:
Statement I: By deciding in advance the tasks to be performed, planning shows the way to deal with changes and uncertain events.
Statement II: Planning helps in avoiding confusion and misunderstanding.
Choose the correct option from the options given below:
R-Ox Ltd. wants to increase their market share by 4.5% in next two years. It spent a lot of money to hire specialized people for framing their plans, collecting important facts about environment who took lot of time to frame plans for the company. The competition has started increasing, and it is not able to beat its competitors because it has already spent a huge amount. The plan failed and company suffered a huge loss. Identify the limitation of planning stated in the given case.
Which of the following statement is incorrect with respect to limitations of planning?
A _____ is a state of felt deprivation or feeling of being deprived of something.