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List out the management tools. - Commerce

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List out the management tools.

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अध्याय 1: Principles of Management - Exercise [पृष्ठ १०]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 1 Principles of Management
Exercise | Q II. 2. | पृष्ठ १०

संबंधित प्रश्न

Explain any four features of management.


Answer the question briefly.
Why is management considered to be discipline?


Explain any three objectives of management.


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.


Management ensures ______.


Unlike professions such as medicine or law which require a practising doctor or lawyer to possess valid degrees, nowhere in the world is it mandatory for a manager to possess any such professional degree. Identify the characteristic of the profession being discussed above which is not being strictly met by management.


Management is a/an ______ process as it is an ongoing and never-ending process. 


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.

Which process involves achieving group objectives through organizing people and resources efficiently?


Goal-oriented focus, optimization of resource use, and adaptive processes are features of which approach?


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