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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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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2014-2015 (March) Delhi Set 1

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Why is it said that principles of management are mainly behavioural in nature?


 Management is a .......................... science.


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


State the main objective of time study.


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


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.
14 principles of management are developed by ________.


Select the proper option from the options given below and rewrite completed Sentence.
According to the principle of ________ all employees should be given same treatment.


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.


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.


Only some principles of management are important.


Arrange in proper order.

Coordinating, Staffing, Directing.


Which nature is not present in Principles of management?


How are principles of management formed?


______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished. 


Match the correct pairs:

  Group ‘A’   Group ‘B’
(a) Henry Fayol (1) It is the process of instructing, guiding, communicating and motivating
(b) Directing (2) Scientific Management theory
(c) Responsibility towards Government (3) It is the process of recruiting, selecting, placing and remunerating
(d) Digital cash (4) To earn profit
(e) Monopoly (5) Respecting rules and regulations
    (6) Exist only in cyber space
    (7) Exist everywhere
    (8) Single buyer
    (9) Modern management theory
    (10) Single seller

Explain 'General Guidelines’ as a feature of principles of management.


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


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