Budgetary control requires the preparation of
training schedule
network diagram
budgets
responsibility centres
Managemnet audit is a technique to keep a check on the performance of
customers
compnay
shareholders
management of the company
Controlling function of an organisation is
forward looking
back moral looking
forward as well as backward looking
None of the above
An efficient control system helps to
acomplishes organisational objectives
boots employee morals
judges accuracy of standards
All of the above
What is another name for contingency planning?
Business level planning
Synergy planning
Scenario planning
Ad hoc planning
Which of the follwing statement best describes the principle of 'Division of Work'?
Labout should be divided
It leads to speciallisation
Work should be divided into small tasks
Resources should be divided among jobs
Which of the following is not a recognised type of plan?
Business
Financial
Succession
Ad hoc
Termination of the services of a worker by the employer for any reason other than due to discoplinary action is_________________
Layoff
Retrecnchment
Settlement
Strike
Which 18th century writer produced a famous book called 'The Wealth of Nations'?
Frederick Taylor
Adam Smith
Henry Mintzberg
Dr Samuel Johnson