Question : Sustainable management of common property resources is essential for:
Option 1: Facilitating unrestricted access and exploitation of resources
Option 2: Ensuring long-term ecological balance and community well-being
Option 3: Promoting the privatization of communal lands for development
Option 4: Reducing the involvement of local communities in resource management
Correct Answer: Ensuring long-term ecological balance and community well-being
Solution : Sustainable management of common property resources is essential for ensuring long-term ecological balance and community well-being, as it involves responsible use and collective stewardship of resources.
Question : The management of traditional property resources is crucial for:
Option 1: Accelerating the privatization of communal lands
Option 2: Ensuring the preservation of cultural and ecological heritage
Option 3: Promoting industrial expansion in rural areas
Option 4: Reducing the participation of local communities in resource management
Question : Effective management of common property resources is essential to:
Option 1: Privatize and commercialize natural resources
Option 2: Prevent conflicts and ensure equitable access
Option 3: Centralize control over resource distribution
Option 4: Promote unrestricted exploitation of resources
Question : The effective management of common property resources is crucial for:
Option 1: Ensuring unlimited access to resources for all
Option 2: Maximizing short-term economic gains
Option 3: Preventing overuse and ensuring long-term sustainability
Option 4: Centralizing control over resource distribution
Question : Which of the following is not an importance of management in the modern business world?
Option 1: Facilitating teamwork
Option 2: Enhancing decision-making
Option 3: Reducing competition
Option 4: Promoting innovation
Question : The governance of common property resources involves:
Option 1: Unilateral decision-making by external authorities
Option 2: Democratic participation and collective management by the community
Option 3: Privatization and individual ownership of resources
Option 4: Centralized control by the government without community input
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