characteristics of management

Successful organisations do not achieve goals by chance but by following a deliberate process known as

• Management

• Planning

• Thinking

• Controlling

Efficiency is concerned with

• Doing the right thing

• Doing things right

• Achieving end results

• None of the above

Tarang Enterprises Limited is planning to increase its sales by 30% in the next quarter. Identify the feature of management being highlighted in the given statement.

• Management is all pervasive

• Management is a goal oriented process

• Management is a continuous process

• All of the above

Management is considered to be an art because

• The principles of management have universal validity

• The principles of management have universal application

• Different principles of management are brought into effect differently by different managers

• It is not important for the practising managers to be a member of a professional association

Management is considered important because

• It helps an organisation to adapt to the changes

• Seeks to integrate individual efforts

• It helps in development of the society

• All of the above

Which of the following is not an organisational objective of management?

• Earning enough revenue to cover costs

• Earning sufficient profits to cover risks of business

• Increase in the prospects of business in the long run

• Providing free education to their employees children

Keeping in view the changes in the consumer demands and preferences ‘Tasitemaker Bakery’ has reduced the sugar and fat content in its products. This approach of business shows that management is

(a)

• An intangible force

• A group activity

• A dynamic function

• A multidimensional activity

The picture above depicts which characteristics of management?

• An intangible force

• A group activity

• A dynamic function

• A multidimensional activity