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प्रश्न
Explain any four features of management.
Explain any four characteristics of management.
Explain any three features of management.
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उत्तर १
Importance of management:
- 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.
- 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.
- 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.
- 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.
उत्तर २
The three features of management are as follows:
- 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.
- 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.
- 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.
Notes
Students should refer to the answer according to the question and as per their preferred marks.
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संबंधित प्रश्न
'Is Management concerned only with doing the right task, completing activities and achieving goals without taking into consideration the cost benefit?' Give reason in support of your answer.
What is meant by 'effectiveness' in management?
What is meant by 'Management'?
Why is management considered to be a multi-dimensional
concept?
“Management is universal.” Comment.
Answer the following question.
Mita has a successful ice cream business at Bikaner, namely "Smart flavours' ice creams are utterly delicious. She makes ice creams from fresh milk and the same are available in a wide range of flavours and packs. She sets viable business objectives and works with the same in mind in order to ensure that the customers will come back for purchasing.
Having the first-mover advantage, her business was doing well. To earn higher profits, she started cutting costs. This would sometimes lead to delay in delivery and the ice cream was not reaching the market in time. Over a period of time, the demand for her ice cream declined and because of it, the competitors entered the market. She lost some of her market share to competitors.
At the beginning of the summer season, she got back to backorder for the supply of 4,000 ice cream packs of different flavors for special occasions. To ensure that the task was completed and orders delivered in time she hired additional workers. She was, thus able to produce and deliver the ice cream packs but at a high production cost. While completing activities and finishing the given task for achieving goals, Mita realized that she was ignoring one of the important aspects of management.
Identify the aspects of management that has been ignored by Mita. Also, explain the same with the help of an example.
List out the management tools.
According to the nature of management, Management can be considered as ______.
______ is used extensively for all types of activities and mainly for taking charge of different activities in any enterprise.
Design phase comprises of ______
Read the following text and answer the questions given below:
Vinay was the Chief Operating Officer of 'Easy Solutions Ltd.', a company providing advanced software solutions to Indian Defence Services. They had been carrying on business successfully for the last twelve years and earning enough profits. But from the last one year, they realised that though the business is getting big orders which are being fulfilled on time, even then the revenues kept on decreasing. Vinay was not-able to find out where the problem was. He started keeping a close check on the progress of activities as he could sense that something was wrong. He wanted to take some action before any major damage could be done to the business. Vinay appointed a cyber security expert who monitored the company's processes and found out that the computer operator was deleting the entries from the computers and pocketing the revenues. He was caught and handed over to the police. This created an atmosphere of order and discipline in the organisation and helped in minimizing dishonest behaviour on the part of the employees.
What corrective action did Vinay take?
Management is a/an ______ process as it is an ongoing and never-ending process.
McDonald's keeps introducing new variety of Burgers in its menu. Which characteristic of management is highlighted in this?
Management is concerned with which of the following:
"Anyone can be called a manager irrespective of the educational qualification possessed." Identify the characteristic of the profession that Management does not fulfill in the statement being discussed above:
The management of a bag manufacturing company has recently changed. Due to this, an improvement can be felt in the way company functions. Now, targets are met according to plans, whereas, earlier deadlines were never given importance. Now there is orderliness, instead of chaos in the organisation and the employees are happy and satisfied.
From the following identify the characteristic of management which is highlighted in the above case:
|
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. |
- Identify and state the organisational structure adopted by the company.
- 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?
Goal-oriented focus, optimization of resource use, and adaptive processes are features of which approach?
