Tag: meaning, nature and importance of management

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Questions Related to meaning, nature and importance of management

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

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

  1. Haimann

  2. Kootz and O'Donnell

  3. Hick

  4. Henry Fayol
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Theo Haimann is widely credited with the definition of management as the function of getting things done through people and directing their efforts toward a common objective.

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

The word "management" derives its origin from ______ word nomos.

  1. Roman

  2. Italian

  3. Greek

  4. Egyptian
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The term management is often etymologically linked to the Greek word 'nomos' (meaning law or management) or the Latin 'manus' (hand). In the context of this specific curriculum, it is identified as Greek.

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

Administration can be viewed as __________.

  1. less important than management

  2. the same thing as management

  3. part of management

  4. separate from management
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In management theory, administration is generally considered a higher-level function that sets policies, making management a part of the broader administrative process, or vice versa depending on the school of thought. Option C is the standard answer in many academic contexts.

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

Management qualifies all tests of a profession except __________.

  1. dominance of service motive

  2. restricted entry

  3. systematic body of knowledge

  4. use of know how and skills
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Professions typically require a systematic body of knowledge, restricted entry, and a service motive. The 'use of know-how and skills' is a general requirement for many roles, not a specific test that management fails to meet.

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

Management includes ____________.

  1. administrative management

  2. operative management

  3. either (A) or (B)

  4. both (A) & (B)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Management is broadly categorized into administrative management (strategic) and operative management (execution), thus both are included.

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

Which of the following is NOT the objective of management?

  1. Not to waste the efforts of management

  2. To save the time efforts & money

  3. Management does not take care of the betterment of the society

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Objectives of management include maximizing efficiency, not wasting efforts, saving resources, and societal betterment. Option C states management does NOT care about societal betterment, which is FALSE - therefore it is NOT an objective. This creates a logical confusion, but based on the marking, C is the answer.

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

Management can be defined as science because __________.

  1. new knowledge can always change the old established principles of management.

  2. new knowledge of science help the managers.

  3. because scientists are always making new things for the managers.

  4. None of the above.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Management is considered a science because it involves a systematic body of knowledge, but it is a 'soft' science where principles evolve and change based on new findings and environmental shifts.