class 12 Business studies UT

Management is a ______ and _______ function

• Successful , typical

• Interconnected , interdependent

• profit and growth

• efficient , efficiency

Identify which is a characteristics of management

• Management is pervasive

• management is complex

• Management involves human resource

• Management is tangible

A manager needs to produce 1000 units of a product in 6 months. He did produce produce the expected units but at a higher cost . The manager is _________

• Goal oriented

• Efficient

• Effective

• None of the above

The activities involved in managing an enterprise are common to all organisations , falls under which characteristics

• Multi - dimensional

• Continuous process

• Pervasive

• None of the above

____________ means doing the task correctly and with minimum cost

• Management

• Efficiency

• Target

• Effective

Which among these is an organisational objective

• Growth

• Profit

• Survival

• All of the above

Why is providing good quality products and services , creating employment , etc important for management

• achieving group goals

• creates a dynamic organisation

• achieving personal objectives

• development of the society

Management is a ______ as well as an ________

• Practice and creative

• Knowledge and experimentation

• Science and art

• Theoretical and practical

Management is a science because it

• has personalized application

• has theoretical knowledge

• has universal validity

• none of the above

A good manager works through a combination of

• Practice , creativity , aim

• creativity , imagination , innovation

• aim , objective , profit

• knowledge , efficiency , effectiveness