Tag: business organisation

Questions Related to business organisation

"Management is the function of getting things done through people and directing the efforts of individuals towards a common objective". It is observed by -  

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Haimann

  2. Koontz and O'Donnell

  3. Hick

  4. Henry Fayol

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Correct Option: A

Who said " Management is a process of working with and through others to achieve organizational objectives in a changing environment, central to this purpose is the effective and efficient use of limited resources."

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Rovert Kreitner

  2. Joseph Massie

  3. Michael Jucius

  4. Henry Sisk

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Correct Option: A

Who said " Management is the coordination of all resources through the process of planning, organizing, directing and controlling in order to attain stated goals".

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Rovert Kreitner

  2. Joseph Massie

  3. Michael Jucius

  4. Henry Sisk

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Correct Option: D

Importance of management _________________________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. It enables the organisation to survive in changing environment

  2. It improves standard of living and increases the profit which is beneficial to business and society.

  3. Management fills up various positions with right persons, having right skill, training and qualification.

  4. All of the above

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Correct Option: D
Explanation:
Importance of management :-a) It enables the organization to survive in changing environment
b) It improves standard of living and increases the profit which is beneficial to business and society.
c) Management fills up various positions with right persons, having right skill, training and qualification.Management can be defined as a process of getting things done with the aim of achieving goals effectively and efficiently. In absence of management no organization can run successfully.

Haimann observes that,"management is the function of _______________________________ ".

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. getting things done through people and directing the efforts of individuals towards a common objective.

  2. forecast, and to plan, to organize to command

  3. the process of getting things done by the people and through the people

  4. thinking and utilizing human, material & financial resources in such a manner that would result in best combination.

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Correct Option: A
Explanation:

Hainmann observes that, "management is the function of getting things done through people and directing the efforts of individuals towards a common objective.  He expressed management as an art of getting things done by the people and through the people by directing in order to achieve common goals more efficiently and effectively.

Hick defines management as " the process of getting things done by the _____ and through the ______".

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. People, Manager

  2. People, employee

  3. People, people

  4. Manager, People

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Correct Option: C
Explanation:

Hicks defined management as a process that involved people and human science. He expressed management as an art of getting things done by the people and through the people in order to achieve common goals more efficiently and effectively. 

Which of the following is importance of management?
(1) It arranges the factors of production, assembles and organizes the resources.
(2) It helps the country to keep balanced approached in social order
(3) It utilizes all the physical & human resources productively.
(4) It helps the employees to get stronger trade union.
(5) It get maximum results through minimum input by proper planning and by using minimum input.

Select the correct answer from the options given below :-

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. (4),(2) & (1)

  2. (3), (2) & (5)

  3. (1) & (3)

  4. (3), (1) & (5)

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Correct Option: D
Explanation:

Following are the importance of management :-
(1) It arranges the factors of production, assembles and organizes the resources.
(3) It utilizes all the physical & human resources productively.
(5) It get maximum results through minimum input by proper planning and by using minimum input.Management can be defined as a process of getting things done with the aim of achieving goals effectively and efficiently. In absence of management no organization can run successfully.

Koontz & O'Donnell state that management means,"Getting things done ____________."

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Through people

  2. With people

  3. Through and with people

  4. By the people and through the people

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Correct Option: D
Explanation:

Koontz & O'Donnell state that management means,"Getting things done by the people and through the people. He expressed management as an art of getting things done by the people and through the people in order to achieve common goals more efficiently and effectively.

When two or more people encounter each other, sooner or later one of them will speak or give some indication of acknowledging the presence of others. This is called the transactional stimulus. The other person will then say or do something which is in some way related to the stimulus, and that is called the __________________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Transactional answer

  2. Transactional response

  3. Transactional stimulus

  4. Transcriptional response

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Correct Option: B
Explanation:
When two or more people encounter each other, sooner or later one of them will speak or give some indication of acknowledging the presence of others. This is called the transactional stimulus. The other person will then say or do something which is in some way related to the stimulus, and that is called the transactional response.
For example:
Stimulus: Support staff is  not disciplined.
Response: It is a sign of times.

Management includes ___________________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Administrative management

  2. Operative management

  3. Either (A) or (B)

  4. Both (A) & (B)

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Correct Option: D
Explanation:
Management includes :-
a) Administrative management- Administration is concerned with policy-making and management deals with policy implementation.
b) Operative management- Management also looks after the activities and makes sure that all the required activities are done in an effective manner.