Which of the following statement(s) is/are correct?
Statement I Lack of proper management results in wastage of time and resources.
Statement II Management establishes a sound organisation by allocating the work to individuals.
Statement III Management is a science but not art.

Which of the following statement(s) is/are correct?
Statement I Lack of proper management results in wastage of time and resources.
Statement II Management establishes a sound organisation by allocating the work to individuals.
Statement III Management is a science but not art. Correct Answer Both Statements I and II

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Talent management is a term that includes activities such as recruiting, sustaining, developing/progressing and rewarding the talent acquired using the most trusted practices. Gradually, modern-day entrepreneurs understand the ever-increasing importance of talent management practices as this can set the stage for earning high dividend in the long run. In fact, the startups or the well-established firms that fail to acknowledge the potential of aligning its key business strategies with that of its talent management schemes, often find themselves in great trouble down the road. It not just leads to huge wastage of precious resources of the organisation but also make it a fit case for failure in multiple ways.  Courses of action: I. Identifying the organisation’s true purpose and aligning the talent management strategy with it.  II. Letting the channels of communication be open and working effectively for all the employees alike.  III. Analysing huge volume of data with due care and efficiency so as to drive in losses through the masterminds who reside in-house.
Paddy transplantation in Punjab is a very hard labor-intensive back-breaking job. In the transplant season, teams of special people swarm the entire rural landscape employed by the farmers and can be seen laboring away in the fields under the hot sweltering sun. Farmer Jagtar Singh has a full-time help at his sprawling farm who goes by the name of Hari, and who hails from Allahabad, UP. During the paddy transplant season, it is up to Hari to rope in his brothers, sons, and cousins from his native village to complete the task well in time. All his people are skillful and masters of the trade and equally efficient at their jobs. So, this past season, this is how the work went. Hari started the work and after 't' hours was joined in by his brother Jaggi. After another 't' hours, Neelu, their cousin, also jumped into the fray. So, after every 't' hours, 1 person kept on joining the team of already working men, and this process kept on continuing till the completion of the work. The last person worked for 't' hours. In the last season, the very same men had completed the same work working 2 shifts of 12 hours all of them working simultaneously owing to some peculiar weather conditions and time constraints. Jagtar Singh is a fair and just paymaster which is why he faces no labor shortage at this crucial time and which is why the whole 'Hari clan' are more than happy to work for him and are at his beck and call. He pays each of them individually proportional to the work done by them. This time around, Hari received 11 times as much as Surinder, his eldest son, who was the last person to join in. In how much time was the work completed?