Business and Technology MCQ Quiz in मल्याळम - Objective Question with Answer for Business and Technology - സൗജന്യ PDF ഡൗൺലോഡ് ചെയ്യുക

Distributed ledger technology allows people who do not know each other to trust a shared record of events.

Users of cloud accounting software are completely reliant on the provider of the software to ensure their data is secure and to take backups of it. The other options are disadvantages of traditional accounting software.

Velocity concerns the speed of data and is therefore connected to the ability to stream large amounts of data into an organisation’s systems in real time. If velocity was not quick enough, the data would be subject to a time-lag which might undermine its usefulness.

A company that uses big data for competitive advantage streams vast volumes of data from many internal and external sources, and applies data analytics to obtain value from the data

The fourth dimension in Hofstede’s model is masculinity-femininity.

This describes a boundaryless organisation. A hollow organisation splits people and activities into core and non-core. In modular organisations different elements or components of the product or service the organisation produces are outsourced to different suppliers. In a jobless structure the employee becomes not a job-holder but a seller of skills.

A centralised organisation is one in which authority is concentrated in one place. If all decisions are made in the same place then it will be easier for the decision-makers to see the ‘bigger picture’ and therefore understand the consequences of their decisions.

The first two options are advantages of decentralisation, where decisions are delegated.

The first option is a fact. The second option is true, because of informal ‘short cuts’ which are often developed and shared, by-passing health and safety rules and procedures. The third option is true, because the ‘grapevine’ encourages knowledge sharing and multi-directional communication. The fourth option is not true: managers can feed information into the grapevine and be part of their own informal networks.

First option is close to the correct definition - but if you think about it, the number of subordinate employees includes all those below the manager, whereas span of control is direct reports only.

The correct option is option 1 

Additional Information:

• The phrase “collective well-being of the stakeholders” is taken directly from the IESBA Code of Ethics and should therefore have been identified as the key element of the concept.