731. Successful organisations do not achieve goals by chance but by following a deliberate process known as
A. Planning
B. Co-ordination
C. Controlling
D. Management

732. Management is essential for the organisations which are
A.Non-profit organisations
B. Service organisations
C. Social organisations
D. All of the above

733. Management contains a series of interrelated functions that include
A. Planning
B. Organising
C. Directing
D. All of the above

734. People in the organisations carry out diverse tasks with the aim to achieve
A. Different objectives
B. Common objectives
C. Both of the above
D. None of the above

735. Successful management ensures that
A. Goals are achieved with least cost
B. Timely achievement of goals
C. Both of the above
D. None of the above

736. Efficiency is concerned with
A. Doing the right thing
B. Doing things right
C. Achieving end results
D. None of the above

737. Effectiveness relates to
A. Doing the right task
B. Completing activities
C. Achieving goals
D. All of the above

738. Rohan works as a production manager in Global Enterprises Limited. He has been given the task of getting 1000 units of hand woven table mats manufactured at the cost of ₹150 per unit within 10 days. In order to be acknowledged as an effective manager, he must ensure that
A. The cost of production does not exceed ₹150 per unit
B. The work is completed within 10 days even at higher cost per unit
C. The cost of production is less than ₹150 per unit
D. All of the above

739. Jay is working as a marketing manager in a company. Has been given the task of selling 100000 units of a product at the cost of ₹100 per unit within 20 days. He is able to sell all the units within the stipulated time, but had to sell last 1000 units at 20% discount in order to complete the target. In such a situation, he will be considered to be
A. An efficient manager
B. An effective manager
C. Both effective and efficient manager
D. None of the above

740. Management is said to be poor if it is
A. Efficient but ineffective
B. Effective but inefficient
C. Both inefficient and ineffective
D. All of the above

 

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