a. Scanning and evaluation of Business environment b. Formulating strategies c. Implementation of Corporate strategy d. Deciding about the Mission of the organization e. Setting Corporate Level Objective    

List  I List II (a) Invest Strategy (i) No receiving of new resources (b) Protect Strategy (ii) Well financed marketing efforts (c) Harvest Strategy (iii) Selective resource allocation (d) Divest Strategy (iv) No warranting substantial new resources

Statement I: Authority and responsibility are related and former arises from latter. Statement II: Espirit de Corps is an extension of the principle of unity of command Statement III: Unity of command means only one command at a time Statement IV: There are fourteen basic principle identified by Henry Fayol  

Assertion (A): Sympathetic listening in upward communications often leads to resentment in communicator. Reason (R): Sympathetic listening and encouraging remarks often leads the communicator to believe that his proposal will receive action not contemplated by superior (communicate)  

Statement I: The operating personnel should not be associated with the preparation of the budget Statement II: A program indicates the principal operations to be carried out to accomplish a work. Statement III: Under MBO technique, the Managers should be provided with a freehand to laydown the objectives.  

Assertion (A): Corporate culture is generally considered as either closed and threatening or as open and participatory. Reason (R): Corporate culture and style of functioning of top managers is important factor for determining the internal environment of a company.  

Assertion (A): ‘Grapevine’ tends to be more active during periods of change, excitement, anxiety and sagging economic conditions. Reason (R): Employees use this communication to fill in important information  gaps and clarify management decisions