Question :
Which of the following are advantages of the functional structure of an organisation?
(A) Leads to occupational specialisation.
(B) Places less emphasis on organisational objectives.
(C) Promotes coordination and control within a department.
(D) Increases operational efficiency.
Choose the correct answer from the options given below:
Option 1: (A), (B) and (C) only
Option 2: (A) and (B) only
Option 3: (A), (C) and (D) only
Option 4: (C) and (D) only
Correct Answer: (A), (C) and (D) only
Solution :
Occupational specialization: Because particular functions are emphasized, a functional structure promotes occupational specialization. Because people in a department can perform better and do similar tasks, this encourages efficiency in the use of labour. ii. Encourage control and coordination: Because the jobs being done are similar, it encourages control and coordination within a department. iii. Efficiency Gains: It contributes to a rise in management and operational effectiveness, which raises revenue. iv. Reduce duplication: It causes the least amount of effort to be duplicated, which decreases costs through economies of scale. v. Ease of training: Since the emphasis is primarily on a small set of abilities, it facilitates employee training. vi) Ensure attention: Makes ensure that various functions receive the attention they need. Hence, (A), (C) and (D) are correct answers.
Identify the correct sequence of the Selection process :
(A) Selection decision
(B). Employment interview
(C) Selection tests
(D) Reference checking
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B), (A), (D), (C)
Option 4: (C), (B), (D), (A)
Identify the correct sequence of the Controlling process :
(A) Analysing deviations
(B) Measurement of actual performance
(C) Setting up standards
(D) Comparison of actual performance with standards
Choose the correct answer from the options below:
Option 4: (C), (B), (D),(A)
Identify the correct sequence of steps under the Planning function :
(A) Setting objectives
(B) Identifying alternative courses of action
(C) Developing premises
(D) Evaluating alternative courses of action
Choose the correct answer from the options given; below :
Option 2: (A),(C),(B),(D)
Question : . Find the correct sequence of needs as given by Maslow in his Need Hierarchy Theory
(A) Belongingness needs
(B) Safety and Security needs
(C) Self-actualisation needs
(D) Esteem needs
Option 1: A),(B),(C),(D)
Option 3: (B),(A),(D),(C)
Identify the correct sequence of trading \ settlement procedure :
(A) The investor has to sign a broker-client agreement.
(B) The investor has to open a 'Demat' Account, .
(C) An order confirmation slip is issued to the investor by the broker.
(D) The broker will then go online and connect to the main stock exchange.
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