1. “in an organisation,employees are satisfied and there is no chaos and effect of management is noticable.” Which characteristic of management is hilighted by this statement.
  2. If a person is feeling insecure about his job, he will not be able to put in his best efforts. This will result in either him leaving the job or organisation asking him to go. This will increase the cost of recruitment for the organisation besides wastage of time in training a new employee. identify which principle of management is referred in this paragraph.
  3. A large steel manufacturing company is willing to diversify into hydro electricity production. What effect do you think it will have on the fixed capital requirements of the company?
  4. The finance function is concered with three board decision. Name any two of these decision.
  5.  Sk biscutis limited established the factors to manufacture biscutis on large scale. It installed automatic machines to produce biscutis efficiently. The company was quite sure that it’s biscuits will be management philosophy that the company has adopted.
  6. “Sonia Ltd. has stated that the employees should be promoted on seniority basis.”Name the type of plan which is highlighted by the notice.
  7. In an organisation people are arranged in a hierarchy. Hierarchy denotes putting people in superior subordinate relationships resulting in a number of level of management .which level of management come on the top of this hierarchy channel? State one function of the identified management level.

Dear Student

1) Management is a group activity and management is intangible is highlighted here.
2) Stability of Personnel.
3) In diversification of business the fixed capital requirement of business will increase
4) These decisions are: i) Finance decision, ii) dividend decision, iii) Investment decision
6) Policy

Regards

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