Which of the following statements does not highlight the importance of management?
Solution
✅ Correct Option: 3,4
There are two correct answers as per NTA. This is an error on their end. Option 3: “predict the future” is an overstatement. Management helps in planning/forecasting, not predicting with certainty. Option 4: “efficient industry analysis” is a narrower analytical/strategy activity; not a standard, core statement of management’s importance (even if managers may do scanning). Why the other two are wrong (i.e., they DO highlight importance): Option 1 shows management’s role in setting objectives and planning resources. Option 2 shows management’s role in coordinating/integrating human and non-human resources to achieve goals.
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