Question : The vacant post of general manager can be filled through promoting branch manager to the position of general manager. Which source of recruitment is highlighted in the given statement?
Option 1: Promotion
Option 2: Direct recruitment
Option 3: Transfer
Option 4: None of the above
Correct Answer: Promotion
Solution : Promotion refers to shifting of employee from a lower level position to a high level position carrying higher responsibilities facilities status and pay.
Hence, option A is correct.
Question : In bajaj industries the employees objectives were in direct contrast to organisational objectives. The employees ignore their own interest to give priority to organisations objectives. Which management principle is being highlighted in the given statement?
Question : Rajesh is the purchaser manager of a company has to purchase 55 tones of raw material. He purchase the raw material from a firm owned by his relative at a rate more than the market price. Which principle of management is being violated in the given statement?
Question : Principles of management can be modified by the manager according to the situation. The given statement tell us about which nature of principles of management?
Question : The principles of management do not provide readymade strait jacket solutions to all managerial problems. Which nature of principles of management is highlighted in the given statement?
Question : Which of the following statement is correct? Statement 1: Under offer for sale the company issues a prospectus and invite the general public to purchase shares or debentures. Statement 2: Under private placement the company sells security to the institutional
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