Ques 1: Which force is consisted as the essence of management?
Ques 2: ‘Doing the task with minimum cost” name the term associated with management?
Ques 3: ‘ In order to be successful , an organization must change its goals according to the needs of the environment. Whish characteristics of management are highlighted in this statement.
Ans: “Management is dynamic functioning”
Ques 4: Which function of management is bridges the gap between where we stand today and where we want to reach
Ques 5: Name the function of management which establishes organization structure and establishes authority and responsibility relations?
Ques 6: In which functions of management standards are compared with actual, deviations are find out and corrective steps are taken?
Ques 7: Anything (-) management is equal to what?
Ques 8: Departmental manages are included at which level of management?
Ans: At middle management
Ques 9: Name the level of management the following parts belongs to.
- Purchase managers.
Ans: i) Middle Level
ii) Top level
iii) Supervisory Level
Ques 10: ‘Survival profit and growth are essential target of any business’ which objectives of management is referred here?
Ans: Organizational objectives
Ques 11: ‘Every organization whether it is business or non-business should use environmental methods of production, give employment opportunities and provide basic amenities like schools and crèches to employees’ name the objective of management indicated here?
Ans: Social Objectives
Ques 12: The activities involved in managing an enterprise are common to all organizations whether social or political’ which characteristics of management is highlighted by this statement?
Ans: Management is all pervasive
Ques 13: What is PODSCORB?
Ans: Luther Gullick gave the keyword PODSCORB which stands for Planning, Directing, Staffing, Co-coordinating, Reporting and budgeting.
Ques 14: How Management is an intangible force?
Ans:The presence of management can be felt by seeking the orderliness and co-ordination in the working environment.
e.g. if the inventory of finished products is increasing day by day it clearly indicates mismanagement of marketing and sales.
Ques 15: “Management is essential for successful running of an enterprise”, How?
Ans: 1.Management increases efficiency.
2.Ensures optimum utilization of resources.
3. Management creates dynamic organization.
Ques 16: Father of Mr. ‘Y’ acts as Vice President in ABC Ltd. Name the level of Management he is working? Explain Any two functions performed by him?
Ans: Top level of Management
1. Determining the objectives of the enterprise
2. Assembling all the resources such as finance, fixed
Ques 17: Mr. Anil working as a ‘Sales department Head in XYZ Ltd. Name the level of Management he is working? Explain Any two functions performed by him?
Ans: Middle level of management
- Interpretation of policies framed by top Management to lower level.
- Recruiting & Selecting the employees for their department
- Motivation the persons to perform to their best ability
Ques 18: Explain any 3 functions performed by operational Level?
Ans: 1. Looking to safety of workers.
2. to boost morale of workers.
3.Representing the problems of workers before the middle level management
Ques 19: ‘Co-ordination’ is the essence of Management’ Explain.
Ans: Co-ordination is needed to perform all the functions of management, Co-ordination is required at all the levels.Co-ordination is the most important function of an organization.
Ques 20: “Management is critical ingredient of a nation’s growth” Comment.
Ans:1. Mgt Helps in creating employment opportunities
2. Mgt insists providing Quality goods.
3. Mgt helps in increasing GDP and leads to growth of Nation.
Ques 21: Why Mgt is considered as Multi dimensional function?
Ans: 1. Mgt of work
2. Mgt of people
3. Mgt of operation
Ques 22: “Mgt is Science as well as act”. Explain this statement.
Ans: Mgt as a science
i. Systematic body of Knowledge
ii. Principles are based on repeated experiments
Mgt as an Art
i. Existence of theoretical Knowledge
ii. Application of Knowledge