Question : Which of the following statement is correct?
Statement 1- The aim of both Henry and Taylor principal is to secure maximum from available resources.
Statement 2- Taylor’s contribution is expressed as scientific management.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 2 is true and statement 1 is false.

Question

Question : Which of the following statement is correct?
Statement 1- The aim of both Henry and Taylor principal is to secure maximum from available resources.
Statement 2- Taylor’s contribution is expressed as scientific management.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 2 is true and statement 1 is false.

Team Careers360 · Accepted Answer

Correct Answer: Both are true

Solution : The aim of both Henry and Taylor principal is to secure maximum from available resources.
Taylor’s contribution is expressed as scientific management.
Hence option A is correct .

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Question : Statement 1: Top-level management is responsible for day-to-day operations.

Statement 2: Top-level management is responsible for setting organizational objectives and formulating policies.

Question : Statement 1: The Foreign Exchange Regulation Act (FERA) was enacted to regulate foreign trade in India.

Statement 2: FERA was replaced by the Foreign Exchange Management Act (FEMA) in 1991.

Question : Statement 1: Lower-level management is responsible for creating long-term strategic plans.

Statement 2: Lower-level management is responsible for overseeing day-to-day operations.

Question : Statement 1: The management principles used in multinational companies are the same as those used in domestic companies.

Statement 2: Multinational companies require different management principles due to their diverse operations.

Question : Assertion: Scientific management principles aim to optimize worker output.

Reason: It promotes standardization and specialization in tasks.