Business Management MCQ Questions and Solutions with Explanations | Management

The problems in communication channels is known as mechanical barriers. Mechanical communication barriers are technical sources of interference in the communication process. A mechanical barrier stems from a problem in machinery or instruments used to transmit the message.

A process whereby superiors and subordinates jointly set goals and assess contributions of Every one to the common goals is called MBO. MBO is "a process whereby superior and subordinate managers of an Organisation jointly define its common goals, define each individual's major areas of responsibility in terms Of results expected of him and use these measures as guides for operating the unit and assessing the contribution of each of its members."

The integration of objectives and activities of an organization is co-ordination. Co-ordination is the unification, integration, synchronization of the efforts of group members so as to provide unity of action in the pursuit of common goals.

MBO is a technique of management. Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Internal coordination is all about establishing a relationship between all the managers, executives, departments, divisions, branches, and employees or workers. These relationships are established with a view to coordinate the activities of the organization.

MBO is suggested by Peter F Drucker in 1954. Management by objectives (MBO), also known as management by results (MBR), was first popularized by Peter Drucker in his 1954 book The Practice of Management. Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding on how to achieve each objective in sequence.

Scalar chain means hierarchy levels. The concept of hierarchy is a universal phenomenon of organization which means the scalar chain implying a ladder structured in a pyramidical fashion with successive several steps interlinked with each other, from top to bottom.

Under MBE control system only extra ordinary or exceptional deviations are reported to management for remedial action. Management by exception is one of the many management practices or styles. It provides you with a specific type of framework that guides the way your management goes about planning, organizing, and controlling, i.e. the core management functions. It provides a set of processes and principles you choose to follow and implement in your management.

The oldest type of organization is line organization. Line organization structure is the oldest and simplest form of organization. In these organizations, a supervisor exercises direct supervision over a subordinate. Also, authority flows from the top-most person in the organization to the person in the lowest rung.

MBE is a technique of management Control. Management by exception (MBE), when applied to business is a style of management that gives employees the responsibility to take decisions and to fulfill their work or projects by themselves. It consists of focus and analysis of statistically relevant anomalies in the data.