Name the level of management at which the managers are responsible for implementing and controlling the plans and strategies of the organisation.
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. “Managers do not need to rely on these ratios to the same extent as external stakeholders such as investors”. Discuss.
Managers- Managers of a company are mainly interested in its performance, since they are responsible for the daily duties carried out. They will, thus, be more interested in operating performance...
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To determine the policies is the function of which level of management?
Top level management.
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At which level of management are the managers responsible for maintaining the quality of output and the safety standards?
Lower level management.
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Identify the Management principle which states that managers should never try to have a divide and rule policy.
Espirit de corps
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Identify the type of suitable organisation structure for a large scale organisation having diversified activities
Functional structure.
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Which of the following is ‘not’ a function of Middle-level management?
(c) Lays down the objectives of the enterprise
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In ABC Ltd. all the decisions are taken by top level management only. Which policy is followed by organisation?
Centralisation
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How do principles of management help managers in taking decisions scientifically ? State.
Principles of management help the managers in taking decisions based on the objective assessment of the situation, free of any bias and prejudice. Thus, they approach various problems scientifically, leading...
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If an organisation does not provide the right place for physical and human resources in an organisation, which principle principle is violated ? What
Principle of Order.
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A carpenter, making furniture out of wood and goldsmith, shaping gold into ornaments. This can be done only by practising and implementing application
Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently achieve selected aims It is true that management is an art because...
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