BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
‘Rule of thumb’ refers to
|
|
Use of personal judgement in handling management issues
|
|
|
Adopting a hit-and-trial approach to resolve management problems
|
|
|
Both of the above
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -Answer (c) Both of the above. Explanation: ‘Rule of thumb’ is an investigative rule that gives improved and simple answers or some fundamental standard set with respect to a specific subject or game-plan. It is a general rule that gives practical guidelines for achieving or approaching a specific task.
There is 1 question to complete.