Which of the following is not a function of management according to POSDCORB?
APlanning
BOrganizing
CSupervising
DBudgeting
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Related Questions:
Consider the following statements regarding Activities of an Industrial Undertaking by Fayol:
I. Fayol divided activities into six groups: technical (production, manufacture), commercial (buying, selling), financial (capital search and optimum use).
II. Other groups include security (property and personnel protection), accounting (stock-taking, balance sheet, costs, statistics).
III. Managerial activities (planning, organization, command, coordination, control) are excluded from Fayol's classification.
What does the letter "O" in Systems Theory stand for and what is its significance?
Consider the following statements according to the Classical Theorists:
I. The primary motivation for individuals in an organization is primarily socio-psychological satisfaction.
II. Division of labour is considered the central tenet of organizational structure.
III. Administration is viewed as a context-specific activity whose principles vary significantly based on the nature of the enterprise.
Which of the following is correct?
Choose the correct statement(s) regarding Max Weber’s Bureaucratic Model.
(i) Bureaucracy relies on rational-legal authority, ensuring decisions are made based on objective rules rather than personal relationships.
(ii) It promotes flexibility and adaptability to suit dynamic environmental conditions.
(iii) Written documentation is a key feature to ensure consistency and accountability in administrative processes.
Assertion and Reason (A/R)
Assertion (A): The Classical Theorists believed that administrative principles possess universal validity, applicable across all organizational types.
Reason (R): This belief stemmed from their fundamental rejection of the systems approach, treating organizations as closed systems whose effectiveness relies only on internal structure.
Which is correct?