Q1 of 14 Page 144

Answer the following questions in a sentence.

What is the principle of authority and responsibility in principles of management?


The principle of authority and responsibility refers to the official authority and individual responsibility which is gathered through vast experiences, intelligence, moral worth etc.


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1

Answer the following questions in a sentence.

What do you mean by decision making?


 1

Answer the following questions in a sentence.

What is individual decision and what is collective decision?


 2 A

Answer each of the following questions in about four to five sentences.

What are the principles of management suggested by Henry Fayol?


 2

Answer each of the following questions in about four to five sentences.

What are the functional areas of management?