English

‘Management is performed in terms of solving problems, making decisions, establishing plans, preparing budgets, assigning responsibilities and delegating authority. - Commerce

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Question

‘Management is performed in terms of solving problems, making decisions, establishing plans, preparing budgets, assigning responsibilities and delegating authority. Efficient management is impossible without well-defined superior-subordinate relationship.’ Which dimension of management is highlighted here?

Options

  • Management is a dynamic function

  • Management is a system of authority

  • Management is a distinct entity

  • Management is goal-oriented

MCQ
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Solution

Management is a system of authority

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Chapter 5: Management - Meaning, Nature and Importance - QUESTIONS [Page 144]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 5 Management - Meaning, Nature and Importance
QUESTIONS | Q 2. | Page 144
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