Business Studies

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Single Correct Medium Published on 18th 09, 2020
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Subjects 9
Chapters 126
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Realted Questions

Q1 Subjective Medium
Mega Ltd. was manufacturing water-heaters. In the first year of its operations, the revenue earned by the  company was just sufficient to meet its costs. To increase the revenue, the company analysed the reasons of less revenue. After analysis, the company decided
(i)To reduce the labour cost by shifting the manufacturing unit to a backward area where labour was available at a very low rate.
(ii)To start manufacturing solar water-heaters and reduce the  production of electric water-heaters slowly.
This will not only help in converting the  risk, but also help in meeting other objectives too.

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

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Q2 Single Correct Medium
Determining the number of people who are accountable to a single manager refers to -
  • A. Chain of command
  • B. Degree of centralization
  • C. Degree of specialization
  • D. Span of control

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

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Q3 Single Correct Medium
The type of organization which provides social satisfaction is __________.
  • A. matrix
  • B. line
  • C. line and staff
  • D. informal

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

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Q4 Single Correct Medium
The feature of management which deals with the optimum use of human resource is ________.
  • A. planning
  • B. motivation
  • C. control
  • D. organising

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

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Q5 Single Correct Hard
All the following are organization characteristics except ________.
  • A. a bounded system
  • B. structural social interaction
  • C. authority relationshios
  • D. no cooperation

Asked in: Business Studies - Organising


1 Verified Answer | Published on 18th 09, 2020

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