Capital rationing is applied in a situation where

Capital rationing is applied in a situation where

A. It is difficult to bring in required amount of capital
B. Financial institutions are doubtful or not sure of the viability of the project
C. A large number of investment proposals compete for limited funds (Correct)
D. The dividend is converted into capital for completion of a new project

In 1952 Urwick produced a consolidated list of ten principles that included the principle that no one should be responsible for more than 5 or 6 direct subordinates whose work is interlocked. What is the correct label for this principle?

In 1952 Urwick produced a consolidated list of ten principles that included the principle that no one should be responsible for more than 5 or 6 direct subordinates whose work is interlocked. What is the correct label for this principle?
A. Specialisation
B. Coordination
C. Authority
D. Span of control (Correct)