Tag: importance of management

Questions Related to importance of management

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

Management is a ________.

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

  1. science

  2. art

  3. both (a) and (b)

  4. history

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Correct Option: C

Which word did Luthar Gulick coin using the initial letters of management? 

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

  1. POSBRD

  2. POSDCORB

  3. POSDCORBAC

  4. POCDAORB

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Correct Option: B

Contingency theories identify _________________.

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

  1. one method of management is suitable for all situations.

  2. autocratic managers achieve the best results.

  3. people are more important than the products produced.

  4. the circumstances in which a particular practice is more likely to succeed.

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Correct Option: D

When call center managers spend much of their time monitoring customer calls and giving employees feedback about how to improve their dialogue with customers in the future, these managers are using ________ skills. 

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

  1. technical

  2. conceptual

  3. situational

  4. ethical

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Correct Option: A

The process of collaborative goal setting by a manager and subordinate, the extent to which goals are accomplished is a major factor is evaluating and rewarding the subordinate's performance. It is called.

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

  1. Management by objective

  2. Management by resources

  3. Management by authority

  4. Management by system

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Correct Option: A

Managers require a combination of technical competence, social and human skills and conceptual ability. Technical competence may be defined as ___________.

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

  1. the ability to view the complexities of the operations of the organization as a whole, including environmental influences.

  2. the ability to secure the effective use of human resources of the organisation

  3. the ability to apply specific knowledge, methods and skills to discrete tasks

  4. none of the above

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Correct Option: C

As per Henry Mintzberg which of the following type of role a manager's has to play? 
(1) Interpersonal Role
(2) Informational Role
(3) Decisional Role
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. (1)

  2. (2)

  3. (3)

  4. All of above

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Correct Option: D

What is communication that flows from a higher level to, one or more level in the organization?

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

  1. Horizontal communication

  2. Upward communication

  3. Downward communication

  4. None of given option

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Correct Option: D

Which inputs has the greatest potential to increase productivity?

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

  1. Labour

  2. Globalization

  3. Management

  4. Capital

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Correct Option: C