Tag: importance of management

Questions Related to importance of management

Which one of the following lines is best associated with managerial conceptual skills?

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

  1. Decision making

  2. Communicating with customers

  3. Using information to solve business problem

  4. Product knowledge

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Correct Option: C

Successful intercultural communicators should be all of the following EXCEPT:

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

  1. Flexible and open to change

  2. Sensitive to differences in verbal and non verbal behaviors

  3. Aware of the values, beliefs and practices in other cultures

  4. Dedicated to changing what people from other cultures believe and how they do things

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Correct Option: D

Who said " Management is a social and technical process that utilizes resources, influences human action and facilitates changes in order to accomplish an organization's 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: B

"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.