Consider the following statements: Which is/are correct?There should be balance between authority and responsibility for managers.Authority is only formal in organisation.Abuse of authority must be prevented by proper safeguards.

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Consider the following statements: Which is/are correct?

Aii, iii correct

Bi, iii correct

CNone of these

Di, ii correct

Answer:

Authority can be formal and personal; balance is crucial and safeguards necessary to prevent misuse.

Related Questions:

Which of the following best describes the core principle of the Contingency Approach to management?

There is a single, universally applicable best way to manage all organizations.
The effectiveness of management techniques is dependent on the specific situation.
Management principles should be rigid and unchanging across different environments.
Organizational success relies solely on internal factors, ignoring the external environment.

According to the Contingency Approach, what is a key characteristic differentiating it from earlier management theories?

It focuses on finding universal rules that apply to all organizations.
It acknowledges that a particular management action is valid only under specific conditions.
It largely ignores the impact of the external environment on organizational effectiveness.
It promotes a standardized organizational structure for all businesses.

Which of the following best describes the core idea of the Systems Approach to Management?

It views an organization as a collection of independent departments with no overarching goals.
It emphasizes the organization as a unified system of interconnected parts working towards common goals.
It primarily focuses on the internal efficiency of each department without considering external factors.
It was developed before the 1950s and is an outdated management theory.