Match the following.
| List-I | List-II |
| a. Selecting an alternative | 1. It needs relevant information to identify and define |
| b. Recognition of the problem | 2. One needs to identify possible alternatives |
| c. Identifying the alternatives | 3. The problem should be clearly selected from the possible alternatives |
| d. Accepting the consequences | 4. It is important for making future decisions |
A. a-1, b-2, c-3, d-4
B. a-3, b-1, c-2, d-4
C. a-4, b-3, c-2, d-1
D. a-2, b-4, c-1, d-3
Answer: Option B
This Question Belongs to Home Science >> Resource Management And Consumer Issues
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit
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