Which of the following statements is/are correct?
A. Despite resources being inter-related, the lack of a single resource may prove crucial to the attainment of a desired goal
B. All resources are useful and limited, otherwise management would not be necessary
C. Ellen H. Richard was a home economist of beginning of 19th century
D. All of the above
Answer: Option D
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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