Business Studies

Organization is referred to as the social system encompassing all -


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Formal relations


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Single Correct Medium Published on 18th 09, 2020
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Q1 Subjective Medium
Mr. Sandhu- worked as a manager in a company manufacturing stationery items for 10 years. Later he thought of starting his own business as he acquired the skills and expertise in past years. He started his own venture. He divided the organisation into six major departments- Production, Purchase, Marketing, Legal, Human resource and Finance. After a month, he called upon the meeting of all the departmental heads in his office and told the production marketing and finance department managers to be very vigilant as their departments are critical to the success of the business. Short comings in Purchase, Personnel or Legal department would not affect much the success of business. Therefore, Mr. Sandhu determined deviation tolerance limits for the critical departments.
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Q2 Single Correct Medium
In Victor Vroom's Expectancy Theory, valence means _____________.
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Q3 Single Correct Medium
What is true for organization?
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Q4 Single Correct Medium
Out of these which is NOT the advantage of internal organization
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Asked in: Business Studies - Organising


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Q5 Single Correct Medium
The rights inherent in a managerial position to give orders and to expect the orders to be obeyed is known as ___________.
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