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.
In performance appraisal, which of the following best illustrates the halo effect error?
Consider the following statements.
1) The IFSCA Act empowers the IFSCA to make regulations for the development of financial services in IFS...
In which kind of finance, the buyer is given credit under the line of credit by the exporter’s bank and the exporter will be made to export?
Who among the following cannot issue commercial papers?
According to Union Budget 2023-24, consider the following statements regarding the Marine sector:
1. Marine products recorded the highest expo...
To study the trends in a firm’s cost of goods sold (COGS), the analyst should standardize the cost of goods sold numbers to common size basis by divid...
According to the Union Budget 2023-24, consider the following statements.
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Why is written communication often preferred in organizations?
The aggregate of only those costs that can be specifically and directly traced to each unit of output is termed as _______
Which of the following global financial centers is known for its Islamic finance and Shariah-compliant products?
