CUET Business Studies: Business StudiesNature & Significance. Free, no login required.

The various functions of a manager are usually discussed in the given order:

(A) Directing

(B) Staffing

(C) Planning

(D) Organising

Choose the correct answer from the options given below:

"A business needs to add to its prospects in the long run. For this, it is important for the business to grow". Which Objective of Management is highlighted here?

An organisation is a collection of diverse individuals with different needs having different purposes but as members of the organisation they work towards fulfilling the common organisational goal. Which feature of Management is explained here?

"Systematized body of knowledge" is a characteristic feature of :

Mr. David, a renowned Management speaker, was addressing a gathering at Gama ltd. He said;

"The job of the __________is complex and stressful, demanding long hours and commitment to the organization". Identify the correct option to fill in the blank:

"Management is a multidimensional complex activity that has three main dimensions." Identify which of the following is not recognized as a dimension of management:

Identify the incorrect statement related to characteristics of a "Profession":

"Like a thread in a garland, it is a part of all management functions". The function discussed in the statement is:

"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:

Choose the incorrect statement from the following:

Management can be said to be an Art because:

"Management not only involves dealing with employees as individuals with diverse needs and behavior, but also means dealing with individuals as a group of people."

Which dimension of management is highlighted in the statement?

The General Manager of 'Zeta Ltd.', an organisation providing corporate insurance services, was addressing the meeting of Departmental Heads and Branch Managers. He said "________ is implicit and inherent in all the functions of an organisation."

Identify the concept referred above.

"There are various theories of management, as propounded by many thinkers, which prescribe certain universal principles. Management applies these methods to a given situation in his own unique manner".

The nature of management highlighted in the above is:

"Management is concerned with doing the right task, completing the activities and achieving goals"

The concept of management highlighted in this statement is:

Management consists of a series of ____________ that are performed by managers.

Identify the characteristic of Management highlighted in the following statement

"An organisation has a set of basic goals which are the basic reason for its existence"

________________ is implicit and inherent in all functions of an organisation.

Which statement explains basic feature of art?

Using environmental friendly methods of production, giving employment opportunities to the under privileged Sections are examples of________

"To become a Chartered Accountant in India a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India." The above statement explains which characteristic of profession?

"Management is multi dimensional in nature" How many main dimensions does management have?

The essence of management is:

"Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims". The definition is given by:

"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:

"Management is multidimensional" doesn't include:

In today's scenario, organizations look for individuals with specific qualifications and experience to manage them. What does the above statement imply?

The production department at Karishma Ltd., a firm manufacturing readymade garments for men has an objective to increase production by 10% but the Sales department does not approve of the increase in production, till changes are brought about in the product to incorporate latest fashion. These kinds of conflicts bring to light which point of importance of the coordination that can help to accomplish the linking of activities of various departments:

"The aim of a manager is to reduce costs and increase productivity through better planning, organising, directing, staffing and controlling the activities of the organization". The statement highlights which point of importance of management?

"Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment". The above definition of Management has been termed by: