LSM 1.2:GENERAL PRINCIPLES OF MANAGEMENT-2

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#1. How many managerial functions are identifed by Newman and Summer?

Four

Five

Two

Three

Newman and Summer have identified four functions
namely, organising, planning, leading and controlling

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#2. How many basic functions of management are recommnded by Henri Fayol?

Five

Six

Two

Four

Henri Fayol has recommended five basic functions namely, planning, organising, commanding, coordinating and controlling.

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#3. Who coined the term POSDCORB?

Henri Fayol

Newman and Summer

Luther Gulick and L. Urwick

Carter

POSDCORB stands for
Planning,

Organising,

Staffing,

Directing,

Coordinating,

Reporting

Budgeting.

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(8)

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a...

(27)

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#4. The process of determining in advance what should be accomplished and how to do it is known as..

Coordinating

Planning

Directing

Reporting

Four important characteristics of planning are

(i) The purpose of every plan and allderivative plans is to facilitate the accomplishment of enterprise purposes and
objectives;

(ii) Planning is the “first” function and logically precedes the execution of all other managerial functions;

(iii) Managers at all levels are involved in planning

(iv) The efficiency of a plan is measured by the amount it contributes to the purpose
and objectives as offset by the costs of other unsought consequences required to
formulate and operate.

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A...

(2)

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(2)

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#5. What is SWOT ?

Strength, Weaknesses, Opportunities and Training

Strength, Weaknesses, Opportunities and Threats

Strength, Weaknesses, Organisation and Threats

Strength, Working, Opportunities and Threats

#6. What is PERT?

Planing Evaluation and Review Technique

Programme Evaluation and Review Training

Programme Executionand Review Technique

Programme Evaluation and Review Technique

#7. What is a statement of planned allocation of resources expressed in financial or numerical termscalled?

Gazette

Budget

Report

Ultimatum

#8. Who propounded of operational management theory?

Henri Fayol

F.W Taylor

Charles Barnard

Luther Gullick

#9. Who propounded systems theory?

Luther Gullick

Henri Fayol

F.W Taylor

Charles Barnard

#10. How many principles of management are listed by Fayol?

Fayol’s Principles:

Dvision of work
Auhority
Discipline
Unity of Coomand
Unity of Direction
Subordination of individual interest to general interest
Remuneration of personnel
Centralization
Scalar chain
Order
Equity
Stability of tenure of personnel
Initiative
Esprit De Corps

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