Capital Account Convertibility
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Advanced Business and Financial Management — CAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
Positive motivation?
inspiring people through pay increase, promotion, recognition.
What is the fourth managerial function in the CAIIB ABFM Module-A sequence?
Directing
Negative motivation?
forcing people by threatening or punishing — memo, demotion, stopping increments.
Which managerial function is called the 'soul of management' because it deals directly with human behaviour?
Directing
1 (Bottom) — Need / Organisational Satisfier?
Need: Basic Physiological — food, shelter, sleep; Organisational Satisfier: Basic salary
What does the 'executory function' label of Directing mean?
It converts intention into action (puts the organisation into motion)
2 — Need / Organisational Satisfier?
Need: Safety / Security — physical & emotional security; Organisational Satisfier: Job security, stability, insurance
Name the four pillars of Directing (S-M-L-C).
Supervision, Motivation, Leadership, Communication
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