Management Theory

"whoever makes two blades of grass grow where only one grew before" is a quote attributed to

• Drucker

• Eisenhower

• Jonathan Swift

• Weber

The article asserts that management is the best known and best understood of our basic institutions

• True

• False

• Possible

• Impossible

As per the reading, Management can be considered a failure if it fails to create non economic results , like happiness of the members of the enterprise, even if it produces economic results

• True

• False

• Possible

• Impossible

 Management is a practice rather than a profession as Knowledge is more important than achievement. 

• True

• False

• Possible

• Impossible

Any serious attempt to make management a profession will only help economy's freedom and ability to grow

• True

• False

• Possible

• Impossible

 Management is a practice rather than a profession as Knowledge is more important than achievement. 

• True

• False

• Possible

• Impossible

As per the author, Making the whole greater than the sum of its parts is the definition for 

• Good Management

• Good Society

• Resource Optimization

• Synergy

"A basic pattern of stability and predictability behind the seeming flux of phenomenon" is one characterization of the concept of -----------

• Management

• Equilibrium

• Automation

• Balance

The article says that When enterprises employ new technology, investment per employee usually increases

• True

• False

• Possible

• Impossible

The first function of Management is ------------ performance

• social

• environmental

• economic

• technological