Management Concept & Organizational Behavior

What is the definition of management?

• Management is the act of controlling employees without any planning.

• Management is the process of planning, organizing, leading, and controlling resources to achieve specific goals.

• Management is the process of making decisions without considering resources.

• Management is solely about financial oversight.

Describe the nature of management.

• Management is solely about controlling employees.

• Management focuses only on financial resources.

• Management is an unstructured approach to achieving goals.

• Management is a process of planning, organizing, leading, and controlling resources to achieve goals.

What are the key functions of management?

• Researching, networking, innovating, and executing

• The key functions of management are planning, organizing, leading, and controlling.

• Budgeting, staffing, evaluating, and reporting

• Training, monitoring, advising, and delegating

Explain the evolution of management thought.

• Scientific Management only

• Human Relations Movement exclusively

• Only Modern Management Theories

• The evolution of management thought includes Classical Management, Behavioral Management, Quantitative Management, Systems Theory, Contingency Theory, and Modern Management Theories.

How is management relevant to different types of organizations?

• Management is relevant to all organizations as it ensures effective coordination, goal achievement, and resource optimization tailored to their specific objectives.

• Management is only important for large corporations.

• Management practices are the same across all industries.

• Management is irrelevant in non-profit organizations.

What is the nature of planning in management?

• Planning is an informal and spontaneous activity.

• Planning is a reactive process that responds to crises.

• Planning in management is a systematic and strategic process that outlines objectives and the means to achieve them.

• Planning is solely focused on financial forecasting.

Why is planning considered important in organizations?

• Planning is a waste of time and resources.

• Planning is only necessary for large organizations.

• Planning provides direction, allocates resources, sets objectives, facilitates decision-making, and manages risks.

• Planning eliminates all risks in an organization.

What are the strategic considerations in planning?

• Disregarding stakeholder input

• Assessing environment, defining objectives, evaluating resources, identifying risks, aligning strategies, engaging stakeholders.

• Focusing solely on past performance

• Ignoring market trends

Define planning premises and their significance.

• Planning premises are only relevant for financial planning.

• Planning premises are unnecessary for effective decision-making.

• Planning premises are solely based on historical data without considering future trends.

• Planning premises are essential as they guide the planning process, ensuring that plans are relevant and achievable based on the current and anticipated conditions.

List the components of planning.

• Goals, Budgets, Meetings, Strategies

• Plans, Actions, Feedback, Outcomes

• Ideas, Discussions, Evaluations, Proposals

• Objectives, Resources, Tasks, Timelines, Risks