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Subjects

Business Studies

Importance of management

In Class 12 Business Studies, this topic explains why management is essential to the success of an organisation, as part of the chapter Nature and Significance of Management. Students learn how management helps achieve common goals, improves efficiency by using resources wisely, creates a dynamic organisation that can respond to change, supports the achievement of individual objectives, and contributes to the development of society. The topic also connects management with coordination, effectiveness and organised group effort.

Easy · Level 2 · 25 questions

Practice questions

01If management is good how can employee morale be?

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02Why is management important in decision making?

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03In which situation is the change handling role of management visible?

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04How can management improve the standard of living of society?

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05Why can productivity increase through management?

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06Which option gives a correct statement about importance of management?

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07Why is management necessary in a school?

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08How is the importance of management shown in a hospital?

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09How does management help employees accept organisational goals?

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10In which situation is optimum use of resources shown?

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11How can management help improve the image of an organisation?

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12If all departments in an organisation work toward one goal which importance is shown?

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13Why does management encourage innovation?

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14Which option is a problem that may occur without management?

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15How can management benefit consumers?

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16How does management take an organisation toward development?

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17If an organisation explains a new policy to employees before applying it, what benefit occurs?

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18How does management help in economic development?

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19Which option shows the correct contribution of management toward society?

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20The importance of controlling in management is related to what?

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21In which situation is management developing human resources?

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22How does management give both stability and growth to an organisation?

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23If information is received on time in an organisation which benefit of management increases?

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24Why is importance of management not limited only to big companies?

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25What is the most correct summary of the importance of management?

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