Question : Statement 1: The success of an organization depends solely on its management team.
Statement 2: The success of an organization depends on various internal and external factors.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Statement 1 is false, and Statement 2 is true.
Solution : The correct answer is (d) Statement 1 is false, and Statement 2 is true.
Statement 1 is false because the success of an organization does not depend solely on its management team. While effective management is crucial, an organization's success is influenced by a wide range of internal and external factors, including market conditions, economic factors, competition, technological advancements, the skills and dedication of its workforce, and more.
Statement 2 is true because an organization's success is the result of a complex interplay of various internal and external factors, and it's not solely determined by the management team.
Question : Statement 1: The success of an organization depends solely on its management team's ability to make informed decisions.
Question : Statement 1: The success of management depends solely on external factors such as the economy and market conditions.
Statement 2: The success of management depends on both internal and external factors.
Question : Statement 1: The success of management depends on effective communication.
Statement 2: Communication helps in conveying goals, expectations, and feedback to employees.
Question : Statement 1: The nature of management varies based on the organization's size and complexity.
Statement 2: Larger organizations require more complex management structures and processes.
Question : Statement 1: The principles of management remain constant, regardless of the organization's environment.
Statement 2: Management principles are based on universal truths that apply universally.
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