Business Studies

Nature & Significance

Medium

Consider the following facts about Management :

(A) Management is not a tangible force

(B) Management is not an intangible force

(C) Management of people, management of work and management of operations are dimensions of management

(D) Management is an individual activity

(E) Management is dynamic function

Choose the correct answer from the options given below :

(A), (B) and (D) only

(A), (C) and (E) only

(A), (B) and (C) only

(A), (D) and (C) only

✅ Correct Option: 2

Management is an intangible force (A is correct, B is wrong). Its dimensions include management of work, people, and operations (C is correct). It is a group activity, not individual (D is wrong). It is dynamic, adapting to change (E is correct). Hence A, C, and E are true.

2025: 13 May Shift 2

"Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment.". Who gave this definition of management?

2026: 21 May Shift 1

"Management has a systematized body of knowledge. It has its own theory and principles that have developed over a period of time, but it also draws on other disciplines such as Economics, Sociology, Psychology and Mathematics". In the above statement, management has been described as:

2025: 21 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Management of work	(I) The functions of management are simultaneously performed by all the managers all the time.
(B) Management of operations	(II) The task of management is to make people work towards achieving the organisation's goals.
(C) Management is a continuous process	(III) Management translates the work in terms of goals to be achieved and assigns the means to achieve it.
(D) Management of people	(IV) The production process requires input material and technology for transforming this input into desired output.

Choose the correct answer from the options given below:

2026: 11 May Shift 1

Which among the following is not a characteristic of Management?

2026: 29 May Shift 2

"Through their efforts quality of output is maintained, wastage of materials is minimised and safety standards are maintained". The level of management being discussed is:

2022: 16 July Shift 2

Which of the following is NOT true about 'management as a science'?

Solution

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