Economics Sample Paper.pdf
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The modern approach to management primarily emphasizes which of the following?
Anonymous Quiz
15%
Ensuring tasks are completed on schedule
38%
Reducing resource consumption while maintaining output
23%
Selecting the right task for execution
23%
Delegating tasks effectively to subordinates
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Two companies, X and Y, recently completed similar projects. While X delivered on time but used extra resources, Y took a little longer but optimized resource use. Which company demonstrated better efficiency in management?
Anonymous Quiz
14%
Company X
67%
Company Y
7%
Both companies are equally efficient
12%
Efficiency cannot be judged from the given data
At XYZ Healthcare, managers oversee various units, including HR, Finance, and Operations, ensuring smooth workflow across departments. What characteristic of management does this highlight?
Anonymous Quiz
58%
Management is present at all levels
12%
Management is an ongoing process
24%
Management has multiple dimensions
6%
Management adapts to external changes
Which of the following scenarios best depicts management as a collective effort?
Anonymous Quiz
4%
A CEO single-handedly making business decisions
80%
A team of managers working together towards company goals
12%
A department head making rules without involving employees
4%
A company following a hierarchical structure without collaboration
A company is working towards expanding its presence by opening offices in multiple cities. Which organizational objective does this align with?
Anonymous Quiz
7%
Profit Maximization
13%
Business Survival
78%
Growth and Expansion
2%
Encouraging Innovation
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