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What is meant by management ?

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प्रश्न

What is meant by management ?

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उत्तर

• Management is the process of getting a task done with the aim of achieving the goals of the organization in an effective and efficient manner.

• The different functions of management are planning, organizing, staffing, directing and controlling.

• The term effective means completing the given task and efficient means completing the task with minimum cost and time.

• In short, management is the process of planning, organizing, staffing, directing and controlling in such a manner that the goals of the organization are met with minimum cost and time.

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अध्याय 1: Nature and Significance of Management - Very Short Answer [पृष्ठ २७]

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एनसीईआरटी Business Studies Part 1 Principles and Functions of Management [English] Class 12
अध्याय 1 Nature and Significance of Management
Very Short Answer | Q 1 | पृष्ठ २७

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.


‘K.S. Energy Ltd.’ was a energy efficiency consultancy company. To get the business the team leader and his team used to travel to different states to give presentation to their clients. As per the policy of the company, the team leader used to travel by air, whereas his team travelled by road/train. It was not only time consuming but also at times forced female team members to travel alone. As a result, the subordinates were not acting in a desired manner to achieve organizational goals. The CEO came to know about it. He called the team leader, discussed the matter with him and changed the travel policy of the company. It was decided that all the members including the leader would travel together in future and would usefully utilize the travelling time in discussion with the subordinates about the presentation to be given to the clients. This made a positive impact and
every member of the team started acting in a manner as desired by the team leader.

State the features of the element of the function of management used by the CEO.


Define Management.


What is meant by 'effectiveness' in management?


What is meant by 'Management'?


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


Management is what a _______ does?


Management ensures ______.


Read the following text and answer the following question on the basis of the same:

Sana is the branch manager of ABC Handicrafts Pvt. Ltd. The company’s objective is to promote the sales of Indian handloom and handicraft products. It sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics.

Sana decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase form different suppliers. She appoints a team of designers and crafts people in the company, who developed some prints for bed covers in bright colour on silk. Although the products looked very attractive and impressive, they were relatively expensive on the front of affordability for an average customer.

Sana suggested that they should keep the silk bed covers for special festive occasions and offer the cotton bed covers on a regular basis to keep costs under control.

In the above case “company’s objective is to promote the sales of Indian handloom and handicraft products.”
The above line focus on which feature of management?


Discuss the basic features of management as a profession.


Management is the process of designing and maintaining an environment in which ______. work together ______, efficiently and effectively accomplishing selected aims. 


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 did the measurement of performance reveal?


Match the CHARACTERISTICS of management in Column I with their correct EXPLANATIONS in Column II:

  Column I   Column II
(a) Goal-oriented process (i) Management is a complex activity involving management of people, work and operations.
(b) Group activity (ii) Some aims and objectives are the basic reason for existence of an organization.
(c) Multidimensional (iii) Diverse individuals with different needs work together to fulfill the common organizational goal.

McDonald's keeps introducing new variety of Burgers in its menu. Which characteristic of management is highlighted in this?


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?


Guiding or motivating, such as encouraging teamwork in a household, refers to which management function?


Which of the following are the key functions of management?


How does management address the diversity of people within organizations?


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