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What is Meant by 'Efficiency' in Management?

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प्रश्न

What is meant by 'efficiency' in management?

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उत्तर

In management, efficiency means completing the given work or activities with minimum resources and cost.

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2014-2015 (March) Delhi Set 1

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संबंधित प्रश्न

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


‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.

a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society


Management principles influence .................. .


State the features of management.


 What is Management? Explain the nature of management.    


There are .................. levels of management in a business organisation.


State the main objective of time study.


Name the principle that is an extension of the "harmony, not discord".


Bhasin’ limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were
also coming to cash in on the new trend. In order to keep its market share in the short run the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work the efficiency of the workers declined. Sometimes the subordinates had
to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which
had characterized the company, previously was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually the company had implemented changes without creating the required infrastructure.

a. Identify the Principles of Management (out of 14 given by Henry Fayol) that were being violated by the company.

b. Explain these principles in brief.

c. What steps should the company management take in
relation to the above principles to restore the company
to its past glory?


Select the proper option from the options given below and rewrite completed Sentence.
Concentration of power of authority is stated in the principle of ________.


Write a word or phrase or a term which can substitute the following:

The one who is known as father of modern management.


Match the correct pairs.

Group A  Group B
A. Henry Fayol  1. One Head One Plan
B. Principle of Unity of Direction  2. gangplank
C. Nature of principles of Management  3. to do work in an innovative way
D. Principles of Initiative  4. team spirit
E. Principle of Discipline  5. Father of Modern Management
  6. general guidelines
  7. right to take decisions
  8. F W Taylor
  9. remuneration
  10. obey and respect the rules

Principles of management cannot be ______.


How are principles of management formed?


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


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


Principles of Management are not as accurate as principles of Science because ______.


Which functions are coordinated by management?


What are values?


Principles are different from which two concepts?


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