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Explain any four features of management.

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प्रश्न

Explain any four features of management.

Explain any four characteristics of management.

Explain any three features of management.

स्पष्ट कीजिए
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उत्तर १

Importance of management:

  1. Universal applicability: The management phenomenon is common across all kinds of organisations, regardless of size or operations. This is because management serves the fundamental purpose of creating greater value for the organisation, its stakeholders, and its employees. Without management, setting and achieving targets becomes a daydream, and all the organisation’s valuable resources are wasted.
  2. Result-driven: Management is focused on the key tasks required to accomplish an organisation’s objectives, through planning, organising, staffing, directing, and controlling its operations. Management primarily ensures that the organisation’s basic purpose of existence is accomplished.
  3. Perpetual: The practice of management is not limited to a particular time period in an organisation. It is a process that takes place throughout the life of an organisation. However, the activities that management pursues on a day-to-day basis differ across different time periods.
  4. Flexible: Management attempts to remain flexible during periods of significant economic, political, and internal fluctuations in the business. It ensures that the organisation’s interests are given supreme priority over all other mundane matters. Without management, an organisation would easily wind up in the initial stages of its operations due to its inability to address the above fluctuations.
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उत्तर २

The three features of management are as follows:

  1. Goal-oriented process: Management is a process with clear goals that aims to achieve them. Setting goals and planning, organizing, leading, and controlling activities to meet those goals are all parts of management.
  2. Pervasive: The word “pervasive” means that management is needed at all levels and in all kinds of organizations. Integration and coordination of people’s and departments’ work are required.
  3. Continuous process: Management is an ongoing process that involves planning, organizing, leading, and controlling at all times. It’s not a one-time thing; it’s a process that changes and adapts over time.
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Notes

Students should refer to the answer according to the question and as per their preferred marks.

  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2015-2016 (March) Foreign Set 1

संबंधित प्रश्न

'Management is the process of getting things done.' State the meaning of the term 'process' used in this statement.


‘K.S. Energy Ltd.’ was a energy efficiency consultancy company. To get the business the team leader and his team used to travel to different states to give presentation to their clients. As per the policy of the company, the team leader used to travel by air, whereas his team travelled by road/train. It was not only time consuming but also at times forced female team members to travel alone. As a result, the subordinates were not acting in a desired manner to achieve organizational goals. The CEO came to know about it. He called the team leader, discussed the matter with him and changed the travel policy of the company. It was decided that all the members including the leader would travel together in future and would usefully utilize the travelling time in discussion with the subordinates about the presentation to be given to the clients. This made a positive impact and
every member of the team started acting in a manner as desired by the team leader.

State the features of the element of the function of management used by the CEO.


State any three objectives of management


What is meant by management ?


Explain any three objectives of management.


Management ensures ______.


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


Efficiency is concerned with


Read the following text and answer the following question on the basis of the same:

Simplex Limited had been taken over by Mundhra Group immediately following India's independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation of resources to reduce wastage. For this purpose, the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.

"In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions." What is the objective mentioned here according to the process stated here?


Match the CHARACTERISTICS of management in Column I with their correct EXPLANATIONS in Column II:

  Column I   Column II
(a) Goal-oriented process (i) Management is a complex activity involving management of people, work and operations.
(b) Group activity (ii) Some aims and objectives are the basic reason for existence of an organization.
(c) Multidimensional (iii) Diverse individuals with different needs work together to fulfill the common organizational goal.

Match the CHARACTERISTICS of management in Column I with their correct EXPLANATIONS in Column II :

  Column I Column II
(i) Goal-oriented process Management is a complex activity involving management of people, work and operations.
(ii) Group activity Some aims and objectives are the basic reason for existence of an organisation.
(iii) Multi-dimensional Diverse individuals with different needs work together to fulfill the common organisational goal.

Different organisations have different goals. “Zeepo’ is an upcoming retail chain for providing consumer goods door-to-door, the objective of this organisation is to increase sales. 'Allie is an educational organisation working with an objective of providing education to under privileged children of the society. Management of each of these organisations unite the efforts of their employees towards achieving organisational goals.

The characteristic of management discussed above is:


Assertion (A): Management is concerned with efficient use of resources.

Reasoning (R): For management both efficiency and effectiveness need to be balanced.


Diligent developers, a website design company in Bangalore is a startup initiative of Mr. Maniraj which aims at achieving a profit margin of 10% in its first year. Mr. Maniraj appointed Mr. Advait as the Digital marketing Head, Mr. Kiyansh as the head of Backend department and Mr. Nirved headed the Graphics Designing Department. Since each head was specialised in specific skills, it resulted in increased efficiency and better coordination.

However, problems arose when Mr. Advait started considering group objectives superior to organisational objectives and stopped exchanging information with Mr. Kiyansh and Mr. Nirved. The company had to bear the brunt of lack of coordination and was unable to achieve its objectives.

  1. Identify and state the organisational structure adopted by the company.
  2. State two benefits and two limitations of the identified structure highlighted in the above case.

Mohan, the manager of a business organisation, is very lax with his employees and subordinates. He does not give them parameters or rules for reporting to work and deadlines for completion of assignments.

Which principle of management given by Henri Fayol is NOT being followed by Mohan?


What does efficiency in management primarily concern?


Why is efficiency without effectiveness considered wasteful in management?


How do managers guide organizational members according to the characteristics of management?


What does the creative force nature of management enable in organizations?


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