‘Rule of thumb’ refers to

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Question:
‘Rule of thumb’ refers to

1.Use of personal judgement in handling management issues

2.Adopting a hit-and-trial approach to resolve management problems

3.Both of the above

4.None of the above

Posted Date:-2021-02-21 17:27:24

More MCQS Questions and answers

  1. According to Henri Fayol, if this principle of general management is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened.” Identify the principle.
  2. According to Taylor, “each specialist is to be assigned work according to his/her qualities, the employees who possess technical mastery should be involved in planning work whereas those with energy and good health may be assigned execution work.” Name the related principle of scientific management.
  3. According to Taylor, “even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. This can result in tremendous savings of human energy as well as wastage of time and materials.” Identify the related principle of scientific management.
  4. According to this principle of general management, “an organisation should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement.
  5. According to this principle of scientific management, the employees should be rewarded for their suggestions which results in substantial reduction in the cost.
  6. ‘Rule of thumb’ refers to
  7.  According to this principle of scientific management, “Scientific management has for its foundation the firm conviction that true interest of the management and workers are one and the same; the prosperity for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice versa.”
  8.  By profession, FW Taylor was a
  9.  The concept of Work Study techniques includes
  10.  The technique of differential piece rate system was developed by Taylor in order to
  11.  Which principle of general management advocates that, “Employee turnover should be minimised to maintain organisational efficiency.”?
  12. Considering the fact that it is difficult to find one single person with all the needed qualities, Taylor suggested appointment of a specialist through this technique of scientific management. Identify the technique.
  13. Which of the following statements is true with reference to principles of management?
  14. Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreement and judicious application of penalties.”
  15. Principles of management can be modified by the manager when the situation demands. This statement implies that the principles of management are
  16. Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The given statement highlights that the knowledge of principles of management leads to
  17. The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point of time. Which feature of the principles of management is being described in the given statement?
  18. The application of this principle of management leads to higher production and better work for the same effort. Identify the related principle of general management.
  19. The objective of this technique of scientific management is to reduce a given line or a product to fixed type sizes and characteristics. Name the technique.
  20. The principles of management are intended to be applied to all types and sizes of organisations. This statement reflects that the principles of management are
  21. The principles of management do not provide readymade straight jacket solutions to all management problems because
  22. The principles of management enhance the understanding of relationship between human and material resources for the achievement of organisational goals. Identify the feature of the principles of management being described in the given statement
  23. The principles of management have been developed on the basis of
  24. The principles of pure science is considered to be _________ in nature.
  25. This technique of scientific management aims to determine the amount and frequency of rest intervals that should be provided to the employees during working hours.
  26. This technique of scientific management helps in development of the concept of assembly line which is widely used in automobile companies these days as well. Identify the technique.
  27. Through this principle of management, Henri Fayol guides the managers to exhibit exemplary behaviour and advises that they should not fall into temptation of misusing their powers for personal benefit at the cost of general interest of the organisation. Which principle of management is being described in the above statement?
  28. Which of the following is an objective of time study?
  29. Which of the following statements best defines the techniques of management?
  30. Which of the following statements is/are true with reference to principles of management?
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