Question
Which of the following is correct about the classical
approach of management? i. It is a theory of management that analyzes and synthesizes workflows, with the objective of improving labour productivity ii. Bureaucracy, characterized by division of labour, hierarchy, formalized rules, impersonality, and the selection and promotion of employees based on ability, would leads to more efficient management iii. Considers the organization as a system that transforms inputs into outputs while in constant interaction with its' environment.Solution
SYSTEMS APPROACH (not classical approach) considers the organization as a system that transforms inputs into outputs while in constant interaction with its' environment.
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
Which of the following statements about a Ceding Company in insurance is true?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?
Which section deals with TDS on cash withdrawals?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Goodwill is considered as:
Read the following information to answer the below questions:Â
What is the primary function of the National Payments Corporation of India (NPCI)?