The formal organisation can be better understood by a study of its features which are as follows: (A) It specifies the relationships among various job positions and the nature of their inter-relationship. This clarifies who has to report to whom. (B) It is a means to achieve the objectives specified in the plans, as it lays down rules and procedures essential for their achievement. (C) Independent channels of communication without specified direction of flow of information are developed by group members. (D) It is deliberately designed by the top management to facilitate the smooth functioning of the organisation. Which of the following options are correct?

Identify the correct sequence of Organising function of management. (A) Establishing authority and reporting relationships (B) Departmentalisation (C) Identification and division of work (D) Assignment of duties Choose the correct answer from the options given below:

The informal organisation offers many benefits. Important among them are given below: (A) Prescribed lines of communication are not followed. Thus, informal organisation leads to faster spread of information as well as quick feedback. (B) It helps to fulfil the social needs of th…

Match List-I with List-II on the basis of meaning and the term: List-I (Meaning) | List-II (Term) (A) Right to command | (I) Answerability (B) Obligation to perform task | (II) Delegation (C) Accountability | (III) Authority (D) Basis of management hierarchy | (IV) Responsibility…

Identify the correct sequence of trading & settlement procedure: (A) The investor has to sign a broker client agreement (B) The investor has to open a 'Demat' Account. (C) An order confirmation slip is issued to the investor by the broker. (D) The broker will then go online and c…

Identify the method of floatation in Primary Market wherein a company sells securities en bloc at an agreed price to a broker.

The market where existing securities are bought and sold is known as ____________.

Identify the Consumer Right: The consumer has the freedom to access variety of products at competitive prices. This implies that the marketers should offer a wide variety of products in terms of quality, brand, prices, size, etc.

Qualities of successful entrepreneur do not include: