Policy formulation is the function of (a) top level managers (b) middle level managers (c) operational management (d) all of the above

The value of ‘g’ at the equator of the earth is less than that at poles. Therefore, the packet falls slowly at equator in comparison to the poles. Thus, the...

Coordination is needed at all levels of management and in all departments. It integrates the efforts of different departments and different levels. The purchase, production, finance, and sales departmental efforts...

Policy making is not an objective of management. It is in fact a process that involves the setting up of goals and objectives for the organisation and the determining the...

Coordination is the essence of management. It is neither a function nor an objective of an organisation. Rather, it is intrinsic in all the operations and functions of the management. It...

Principles of management were developed over years by experiences and observations of the managers. Every manager faces varying situations in real business organisations. Based on these experiences, they draw general...

A tall structure of organisation is the one that has multiple levels of hierarchy. A tall structure of organisation has narrow span of management. That is, under such a structure...

Span of management means the number of subordinates that can be well-handled by a superior. Any organisational structure is based on its span of management.

The following points highlight the difference between a manager and a leader. Basis of Difference Manager Leader Existence A manager can exists only in a formal organisation. A leader can exists in formal as well as...

(i) Management as an art. (ii) Three features that establish it as an art are: (a) Existence of theoretical knowledge. As in art, in management too, there is a lot of literature...

The pressure P = ρgh  ρ =1000 kg/m³  g =10 m/s²  h =4 m  ∴ P = 1000*10*4 N/m² =40000 N/m². It is necessary to specify that the tap is closed. Otherwise pressure will gradually decrease,...