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“Management is universal.” Comment. - Commerce

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प्रश्न

“Management is universal.” Comment.

लघु उत्तरीय
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उत्तर

Management is universal in the sense that it is a common and essential element in all enterprises. Management is universal in the following sense:

  • First, managerial skills are transferable from one person to another.
  • Secondly, management skills can be transferred from one organisation to another.
  • Thirdly, managerial skills can be imported and exported from one country to another.
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अध्याय 5: Management - Meaning, Nature and Importance - EXERCISES [पृष्ठ १३७]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 5 Management - Meaning, Nature and Importance
EXERCISES | Q 10. | पृष्ठ १३७

संबंधित प्रश्न

State any three objectives of management


What is Management?


Explain the concept of management.


According to the nature of management, Management can be considered as ______.


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


Efficiency is concerned with


Discuss the basic features of management as a profession.


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?


Akash works as a production manager in ‘Elite Enterprises’ manufacturing LED lights. Due to festive season, there is lot of demand for their lights. Akash was given the task of producing 100 units of LED lights @ ₹ 200 per unit within 5 days for an urgent order. Akash was able to achieve the target of 100 units of LED lights within 5 days @ ₹ 220 per unit.

Identify from the following whether Akash is:


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?


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