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What is Meant by 'Efficiency' in Management? - Business Studies

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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

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Explain any four characteristics of ‘principles of management’.


'Aapka 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. 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. Kartik, 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 to the success of the programme.

b. State any two features of management highlighted in the above para.

c. Identify any two values which 'Aapka Vidyalaya' communicated to the society.


Explain the following principle of management:

Scalar chain


Explain the following principles of management:

Development of Each and Every Person to His or Her Greatest Efficiency.


The statements which disclose fundamental truth of management.

 What is Management? Explain the nature of management.    


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


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


If an organisation does not provide the right place for physical and human resources in an organisation, which principle is violated? What are the consequences of it?


Explain the principle of ‘Scalar Chain’ and gang plank.


Write a word or phrase or a term which can substitute the following.
The principle of management which says unity is strength.


State with reasons whether the following statement true or false:
Principles of management are rigid. 


Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.


Correct the underlined word and rewrite the following sentence.

Management techniques are applied differently under different conditions.


In a cotton textile mill, various tasks viz. spinning, weaving, sizing, bleaching, etc. were divided to different groups of persons. Identify the principle of management stated 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

Management principles are very ______ whereas pure science principles are rigid. 


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