हिंदी

What is Management? Explain the Nature of Management. - Organisation of Commerce and Management

Advertisements
Advertisements

प्रश्न

 What is Management? Explain the nature of management.    

Advertisements

उत्तर

Management refers to the art of getting the work done with the objective of achieving the goals of the organisation in an efficient and effective manner
The nature of management can be judged from the various principles on which it is based. The following points highlight the nature of principles of management.
The following points highlight the nature of the principles of management:
i.    Universal - Universality of management principles implies that they can be applied to every firm, irrespective of its size, nature or location.
ii.    Act as guidelines - Management principles act as guidelines; they are considered general premises for decision making. However, they do not provide straitjacket solutions to all problems.
iii.    Experiment based - Management principles have been developed through years of research and experimentation; that is why they are technical in nature. They pertain to different working situations and can be modified by managers as per the situations and requirements.
iv.    Flexible - Management principles are not rigid in nature. They can be moulded by managers as per the need of the hour.
v.    Behavioural - Management principles aim at influencing the behaviour of individuals; the applicability of these principles varies according to changes in human nature.
vi.    Indicative of cause–effect relationship - As management principles are based on years of experimentation, they provide a definite cause and effect relationship.​

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2012-2013 (March)

APPEARS IN

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

The principle of management which says ‘unity is strength’.


Explain any four characteristics of ‘principles of management’.


Explain the following principles of management:

Harmony, not discord.


Explain the following principles of management:

Subordination of Individual Interest to General Interest.


State with reasons whether the following statements are True or False

Principles of management are rigid.


What is Management? Explain the functions of Top level and Lower level management.


State any two causes of fatigue that may create hindrance in the employee’s performance.


How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.


Explain the technique of ‘Functional Foremanship’ and the concept of ‘Mental Revolution’ as enunciated by Taylor.


Select the proper option from the options given below and rewrite completed Sentence.
Technique of study of ________ concentrates on the body movements of the worker.


Write a word or phrase or a term which can substitute the following.
The statements of fundamental truth of management.


Write short note on the following.
Nature of management.


State with reasons whether the following statement true or false:
The principles of equity says that the employees should be differentiated while distributing the work and making payment.


Explain meaning of principles of management and discuss the nature principles of management.


Answer the following question.
Appliances India Ltd. is engaged in the manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales maintenance services, and technical services to achieve specialization.

Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.

State the general principle of management which the company wants to modify to meet the changing requirements.


After completing her Bachelors in Fashion Designing from a well-known college in France, Aditi has opened a boutique in a posh market in Kolkata. She has divided the work in smaller units and each employee is well trained to perform his/her task efficiently. The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority.

In the earlier period of her business venture, employees were asked to put in extra hours of work. In return she had promised to give them a special incentive within a year. Therefore, when the business was doing well, she honour her commitment by giving bonus to her employees. She also instructed her employees that communication from top to bottom should follow the official lines of command. However, she tends to be more biased towards her female employees, when it comes to solve the conflicts among employees.

“The sales persons are allowed to close a deal with a buyer by giving a maximum of 5 percent discount, whereas the decision to give any further discount rests with Aditi as the final authority.” Identify the principle of Management being followed here:


______ is the process of dividing work into manageable activities and then grouping the activities which are similar in nature. 


Match the NATURE of PRINCIPLES OF MANAGEMENT in Column I with their correct EXPLANATION in Column II.

  Column I   Column II
(1) Universal applicability (i) Direct but do not provide readymade, straitjacket solutions
(2) General guidelines (ii) Not rigid prescriptions, can be modified as per the situation
(3) Flexible (iii) Aim at influencing behaviour of human beings
(4) Behavioural (iv) Applicable to all types of organizations

Explain 'Universal Applicability' as a feature of principles of management.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×