Business studies

Policy formation is the function of

• Low level managers

• Middle level managers

• Top level managers

• All of the above

Staffing is the _____stage of the management process

• First

• Second

• Third

• Fourth

Which of the following is not the principle of management given by Henry fayol?

• Authority and responsibility

• Unity of direction

• Time study

• Initiative

Which of the following is not the type of planning ?

• Rule

• Directing

• Procedure

• Strategy

Planning is a process

• Periodical

• Continuous

• Annual

• None of these

Planning is helpful in increasing _____

• Cost

• Loss

• Efficiency

• None of these

What is called the quantative statement of expected results?

• Rule

• Program

• Procedure

• Budget

What is the key of managerial posts?

• Responsibility

• Authority

• Accountability

• None of these

Which organisation is more constant?

• Informal

• Formal

• Both A and B

• None of the above

Authority is related with ______

• Duty

• Accountability

• Position

• Function