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 a _______.

  1. dynamic process

  2. continuous process

  3. both (a) and (b)

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

Management is a dynamic as well as continous. Management is a dynamic process because it keeps on changing with the changes that takes place in environment. It is continous process because it is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. It continues till the goals are achieved by organisation.

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

Mathematical approach to management is closely related to ________.

  1. empirical approach of management

  2. inter personal behaviour approach of management

  3. corporate approach of management

  4. decision theory approach of management
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Mathematical approach to management is closely related to decision theory approach. As per this approach analysis and use of mathematical model is the main work of management.

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

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

  1. people, manager

  2. people, employees

  3. people, people

  4. manager, people,
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Hicks defines management as the process of getting things done by the people and through the people, emphasizing the human element in organizational achievement.

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

Who started that management means, "Getting things done through and with people"? 

  1. James

  2. Koontz and O'Donnell

  3. Haimann

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

Koontz and O'Donnell are credited with 'Getting things done through and with people' - emphasizing both task accomplishment and human collaboration. This is a duplicate of question 478241 testing the same concept. Options A (James), C (Haimann), and D (Henry Fayol) are not associated with this definition.

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

Management by objectives (M.B.O) s given by _________.

  1. Peter Drucker

  2. Fredrick Taylor

  3. Hick

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

Peter Drucker is widely recognized as the father of Management by Objectives (MBO), a framework he introduced in his 1954 book, The Practice of Management.

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

To a very large extent the success of an organization is dependent on its _________.

  1. raw material supplier

  2. management

  3. promoter

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Effective management is the primary driver of organizational success, as it coordinates resources, people, and processes to achieve goals.

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

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

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

Theo Haimann defined management as the function of getting things done through people and directing the efforts of individuals towards a common objective.

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

Statemetn I :  A true manager can continue to manage the same way as he has been doing it in the past.
Statement II : Considerations of efficiency and survival require that a manager should be constantly engaged in the task of innovation. 

Select the correct answer from the options given below - 

  1. Statement I and Statement II both are true.

  2. Statement II is true but Statement I is false

  3. Statement I and Statement II both are false.

  4. Statement I is true but Statement II is false.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Statement I is false - managers cannot continue managing the same way indefinitely; environments change, requiring adaptation. Statement II is true - efficiency and organizational survival require continuous innovation. Therefore, only Statement II is true, making B correct. Management must evolve to remain relevant.