About Us

The Basic Purpose / Aim Of This Blog (InfomativeStudyMatetial) Is To Provide Study Material [Multiple Choice Questions (MCQs), True & False (T&F) And Short Questions] Related To Various Subjects Such As Management Online In Order To Guide The Students, Studying In Schools, Colleges, Universities Or Academies, In  Solving Their Study Text Problems!

Comments

Post a Comment

Popular posts from this blog

A(N) ______ Skill Is The Ability To Perform A Specialized Task That Involves A Certain Method Or Process.

Image
What Are Technical Skills? | Answer of MCQ The correct answer of this multiple choice question is (C) as Technical Skill (TS) are hard skills which require specialized knowledge in the specialized area such as analysis of financial statements, is a skill which require knowledge of accounting data and understanding of financial statements. Other Examples Of TS (i). Managing human resources is also a technical skill which require proper training sessions to enable a human resource manager to learn how to select, recruit and train employees and use them efficiently and effectively to achieve organizational objectives & goals. He can select the right candidates for the right positions which is beneficial for both employees and the organization. (ii). An accounts manager having the specialized knowledge of computerized accounting is more effective to achieve organizational goals. He can better use of modern accounting tools such as Peachtree, QuickBooks, Oracle, Tally, etc., and perfo...
Read more

Which Of The Following Statements About Globalization Is Correct? (Check All That Apply)

Image
What Is Globalization | Answer Of MCQ Globalization means interconnections and interdependence of different countries' economics, cultures, knowledge, skills, human resources across the countries. One company of a country can exchange its products or services in the local market of another country. For example, people of different countries are globally interconnected to exchange ideas, knowledge, products or services due to the usage of advance technology system. The correct of options of this Multiple Choice Question (MCQ) are D and G as in globalization, different companies of different countries create challenges for each other across the country i.e., one mobile company may sell mobile phones cheaper than other one and hence create a high competition and demand in the international market / foreign market. Selling in local market and foreign market are different as in foreign market, different strategies and uses of resources such as physical, human, financial, intellectual a...
Read more

_____ Refers To Minimizing The Resources An Organization Must Spend To Achieve A Specific Level Of Desired Exchanges | _____ Is Using The Least Possible Amount Of Resources To Get Work Done

Image
Answers Of MCQs And Fill In The Blank The correct answer of this mcq is (c) and fill in the blank is also the same word, as “Efficiency” is using the least possible amount of resources with minimum cost to get the work done or output without lacking quality work. It is very important for the organization to utilize its resources efficiently in order to avoid wastage of resources such as time, money, experiences, skills, efforts, etc., and get the maximum or optimum / best outcome or achieve organizational objectives & goals with minimum cost or with minimum efforts. If the end results are not up to the mark, then it means that the manager has not chosen the right strategy to achieve organizational goals. So, right things should be done to get desired or atleast the best results / exchanges which show effectiveness of the jobs done. Due to efficiency, the organization is able to produce the best output, reduce cost with the utilization of minimum resources. The option a is inco...
Read more