555 Buiseness management MCQ questions

A rule requires that a specific action be taken or not taken with respect to a situation. It is more rigid and more specific than a policy. It guides action but provides no discretion in its strict application. Of course, rules are essential for discipline and smooth operations of the business.

8 Important Types of Plans | Management

1 There have been only three substantial articles published about the flexibility rule (and indeed about the principle against fettering discretion): Molot, H., " The Self-Created Rule of Policy and Other Ways of Exercising Administrative Discretion " (1972) 18 McGill L.J. 310; Galligan, D.

THE FLEXIBILITY RULE IN ADMINISTRATIVE LAW | The Cambridge

Scope Inputs. The project manager gathers initial project facts from the project charter. In addition, background information on the stakeholder's workplace, existing business model and rules, etc. assist in creating the vision of the final product/service, and consequently, the project scope (see Figure 9.2).

9. Scope Planning - Project Management

Introduction to 8051 Microcontroller Instruction Set. Writing a Program for any Microcontroller consists of giving commands to the Microcontroller in a particular order in which they must be executed in order to perform a specific task. The commands to the Microcontroller are known as a Microcontroller's Instruction Set.

8051 Microcontroller Instruction Set Addressing Modes

Acceptance Theory of Authority 3. Authority Theory of the Situation 4. Competence Theory of Authority. 1. Formal or Classical Theory of Authority: This is known as top-down authority. It supports the principle of scalar chain or organisational hierarchy. In this theory, authority flows from top to bottom through various levels of hierarchy.

Top 4 Theories of Authority | Organisation

Authority is the sum of the rights entrusted to an individual to make possible the performance of the work delegated. It includes such rights or powers as that spending money, of using certain kinds of quantities of materials, of hiring and firing people. Allen talks of authority of knowledge, authority of position and legal authority.

Elements of Delegation: Meaning, Process and Comparison

It was entitled, Common Vocabulary of Professional Management (COMVOC), and was prepared the direction of Louis A. Allen, President of Louis A. Allen Associates, Incorporated. Through the three editions (1958, 1963, 1968) of COMVOC, its coverage has expanded from 49 to 149 basic management terms.

Louis A. Allen - Wikiquote

Autocratic decision making involves one person making a decision. Autocratic leadership is vital in many workplace environments. This style is necessary within organizations and companies that demand error-free outcomes.

Autocratic Decision Making - Assignment Point