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Question
Correct the underlined word and rewrite the following sentence.
Factors of business environment are always fixed.
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Solution
Factors of business environment are always changing.
RELATED QUESTIONS
Find the odd one.
Answer in one sentence.
What is management?
Arrange in proper order.
Controlling, Organizing, Planning.
Explain the following term/concept.
Management
Study the following case/situation and express your opinion.
| Mr. Ram, an emerging entrepreneur has designed a structure of his business organization by taking into consideration the required resources such as land, money, machinery, workforce, etc, for his new business. He appointed Mr.Shyam as a manager. Mr. Ram has assigned responsibilities such as recruitment, selection, training, and development and to determine the remuneration of the employees to Mr. Shyam. Mr. Ram has also appointed Mr. Shubham to supervise the work done by the employees according to the standards given to the employees. Mr. Shubham has to also suggest the remedies to the employees wherever necessary. On this context, find out the management functions performed by |
- Mr. Ram
- Mr. Shyam
- Mr. Shubham
Justify the following statement.
Organizing facilitates administration as well as the operation of the organization.
The tasks of getting the things done by others is known as _____________
Which function sets goals and develops plans?
Establishing authority and reporting relationships is part of which function?
Which function allocates resources for implementation?
Which set of activities is included in staffing?
Which function leads, influences and motivates employees?
Which function encourages employees to perform their best?
Which function monitors performance towards goals?
Taking corrective action is a key activity of which function?
Why is it often difficult to pinpoint where one management function ends and another begins?
