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Statement I: Decision-making is the essence of administration.

Statement II: Simon introduced the concept of bounded rationality.

ABoth are correct

BBoth are incorrect

COnly I is correct

DOnly II is correct

Answer:

A. Both are correct

Read Explanation:

  • Herbert Simon highlighted rational limits in real-world decisions.


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Statement II: Informal networks can enhance coordination.

Statement I: Chester Barnard introduced the concept of the zone of indifference. Statement II: It refers to the range of orders a subordinate is willing to accept.

Which of the following are included in seven social sins ?

  1. Politics without principles

  2. Pleasure without conscience

  3. Commerce without morality

  4. Worship without sacrifice

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Statement II: TQM emphasizes continuous quality improvement.

Gandhi’s talisman advises administrators to: