CBSE business studies
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Name the type of plan which is time bound and linked with measurable outcome.
The type of plan which is time bound and linked with measurable outcome is called Objectives. They must be measurable in quantitative terms, in the form of a written statement of desired results to be achieved within a given time period.
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Planning is done for achieving the organisational goals. Do you agree? Give one reason in support of your answer.
Planning helps organisation to achieve its goals by setting specific objectives along with the activities to be undertaken to achieve the objectives. Planning has no meaning unless it contributes to the achievement of predetermined organisational goals.
Identify the nature of management when it is said to be systematised body of knowledge that explain certain general truths.
Like science, management has a systematised body of knowledge which has its own theory and principles that have developed over a period of time. Since it is drawn from repeated experimentation and observation in different types of organisations, it explains some general truth.
At which level of management are the managers responsible for the welfare and survival of the organisation?
It is at the top level management, managers are responsible for the welfare and survival of the organisation.
Give the meaning of ‘orientation’ as a step in the process of ‘Staffing’.
Orientation is a process of staffing in which the selected employee is introduced to other employees and familiarise him with the rules and policies of the organisation which make him comfortable to work in the new environment.
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Mock Test Series
Mock Test Series