Quiz nature and significance of management

Which of the following statements is incorrect about management as a profession?

• Management has a well-defined body of knowledge

• Management requires compulsory membership of a professional body

• Management has restricted entry in practice

• Management follows a code of conduct

Which of the following statements is incorrect about management as a science?

• Management has a systematised body of knowledge

• Management principles are universally applicable without any modification

• Management is based on observation and experimentation

• Management principles provide general guidelines

Which of the following statements is incorrect about management as an art?

• Management requires personal skills and creativity

• Management involves practical application of knowledge

• Management is based only on theoretical knowledge

• Management requires experience

Which of the following statements is correct about features of art in management?

• It guarantees uniform results

• It requires personal skill and creativity

• It is independent of human efforts

• It is purely theoretical

Which of the following statements is correct about management as a science?

• Its principles are rigid and fixed

• It is based on observation and experimentation

• It gives exact solutions in all situations

• It is unrelated to research

Which of the following statements is correct about management as a profession?

• Entry into management is strictly restricted

• Management has a well-defined body of knowledge

• Membership of a professional body is compulsory

• It does not follow any code of conduct

According to the features of management, which of the following statements is correct?

• Management is not related to goals

• Management is goal-oriented

• Management ignores objectives

• Management works randomly

A company sets clear targets for its employees and ensures that all activities are directed towards achieving these targets. Managers regularly review performance and take corrective actions whenever required. What feature of management is being highlighted in this statement?

• Management is goal-oriented

• Management is a group activity

• Management is a continuous process

• Management is multidimensional

Which feature of management is highlighted in the above case?

• Management is a group activity

• Management is goal-oriented

• Management is intangible

• Management is static

A manager coordinates the work of different departments like production, marketing, and finance to ensure smooth functioning and unity of action.

• Management is individual activity

• Management is a group activity

• Management is intangible

• Management ignores coordination