12th Class Business Studies Principles Of Management Question Bank Topic - 2 MCQs - Fayol's Principles Of Management

  • question_answer
    “In India Panchayats have been given powers to decide and spend funds granted to them by the government for the welfare of villages.” Which principle of management is highlighted in the statement?

    A) Division of work 

    B) Unity of Command

    C) Centralisation and Decentralisation

    D) Esprit de corps

    Correct Answer: C

    Solution :

    [c] Explanation: Centralisation is the process of the concentration of power of decision making with one person while decentralisation means dispersal of power of decision making more than one person.


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