Which of the following Committee is most powerful?
Executive Committee
When evaluating the power dynamics within organizations or governing bodies, understanding the different types of committees and their specific functions is crucial. The question asks to identify which among the nominated, recommending, ad hoc, and executive committees holds the most power.
A nominated committee consists of members who are appointed or nominated by a specific authority, such as the head of an organization or a governing council. The power and influence of a nominated committee largely depend on the mandate given to it by the nominating authority and the specific tasks it is assigned. Its power is derived and often limited by the scope of its nomination.
A recommending committee primarily focuses on reviewing specific issues, policies, or proposals and then providing recommendations to a higher body or authority for a final decision. Its role is typically advisory. While its insights can be influential, the ultimate decision-making power rests with the body it advises, not the committee itself.
An ad hoc committee is formed to address a particular, often temporary, issue or project. Once its specific task is completed, the committee is usually dissolved. Its powers are strictly limited to the scope of the specific purpose for which it was created. It does not typically hold ongoing operational or broad decision-making authority.
An executive committee is generally considered the most powerful among the listed types. It is often composed of senior members or leaders and is responsible for the overall management, strategic direction, and implementation of policies and decisions on behalf of the main organization or board. This committee usually has significant delegated authority to make binding decisions, manage operations, and oversee the execution of plans between formal meetings of the larger body.
Comparing the roles and authorities:
Therefore, the Executive Committee is generally regarded as the most powerful due to its broad responsibilities in management, policy implementation, and decision-making.
Factors which govern the operating cost of an equipment are :
1. Purchase price of the equipment
2. Depreciation due to regular use
3. Cost of operation, maintenance and repairs
Which of the above statements are correct ?
In Emerson's efficiency plan of wage incentive system, the bonus is paid to-
Match List I with List II
LIST I (Project Network concepts) | LIST II (Underlying meaning) | ||
| A. | Crashing an activity | I. | Length of the longest path through the project network |
| B. | Project Network | II. | It shows the time and cost when the activity is fully crashed |
| C. | Critical path | III. | It consists of a number of nodes and a number of arcs that connects two different nodes |
| D. | Crash point | IV. | Taking special (costly) measures to reduce the duration of an activity below its normal value |
Choose the correct answer from the options given below:
The following statements relate to project network. Choose the correct code for the statements being correct or incorrect.
Statement I: An activity cannot be represented by more than one arrow, but an arrow can represent one or more activities.
Statement II : The activities in a critical path can be preponed or postponed.
A public limited company has 9,00,000 shares outstanding at current market price of Rs. 130 per share. The company needs Rs. 2.25 crores to finance its proposed new project. The board of the company has decided to issue rights shares to raise the required money at Rs. 75 per share (as subscription price) to ensure that the rights issue is fully subscribed. How many rights are required to purchase a new share ?