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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.

Expert · Level 4 · 25 questions

TOPIC PRACTICE

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Up to 25 questions from this page. Select your focus, then start.

25 questions

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  1. Social development and organisational strengthening
  2. Only tax evasion
  3. Only employee leave
  4. Only hiding inventory
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  1. Dynamism and social development
  2. Only employee salary
  3. Only tax payment
  4. Only building colour
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  1. Increases efficiency
  2. Increases social obligations of the organisation
  3. Achieves only personal profit
  4. Eliminates competition
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  1. Improving one’s service after observing a competitor’s new policy
  2. Recording the number of chairs available in the office
  3. Arranging documents department-wise in a cupboard
  4. Choosing a colour scheme for the meeting room
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  1. Both the assertion and the reason are true, and the reason correctly explains the assertion.
  2. Both the assertion and the reason are true, but the reason does not correctly explain the assertion.
  3. The assertion is true, but the reason is false.
  4. The assertion is false, but the reason is true.
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  1. Helping personal objectives and sustainable performance
  2. Only target number
  3. Only building expansion
  4. Only advertising expense
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  1. Continuous improvement and efficiency
  2. Only donation
  3. Only attendance
  4. Only stock name
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  1. Training reduces wastage improves service satisfies employees and increases customer trust
  2. Employee list is printed
  3. Building wall is painted
  4. Old file is tied
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  1. When the situation shows achievement of organisational goals with minimum cost or wastage
  2. When work is done at low cost only, even if the stated goal is not achieved
  3. When the goal is achieved, but resources are excessively wasted
  4. When organisational objectives are not mentioned and only building decoration is described
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  1. Which benefit and which stakeholder is affected
  2. Which option is shortest
  3. Which option has more English words
  4. Which option is always first
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  1. Achievement of group goals through departmental information coordination
  2. Only employee salary distribution
  3. Only building rent payment
  4. Only increasing promotion expense
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  1. Personal participation and increase in efficiency
  2. Only tax payment
  3. Only closing market
  4. Only machine purchase
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  1. Resource utilisation and improvement in social service
  2. Only dividend distribution
  3. Only employee punishment
  4. Only advertising slogan
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  1. Optimum utilisation of resources
  2. Coordination of employees' efforts
  3. Adaptation to a changing environment
  4. Promotion of employees' personal development
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  1. Dynamism quality improvement and social interest
  2. Only wage cut
  3. Only closing file
  4. Only changing building colour
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  1. Management achieves objectives through planning, organising, directing, coordinating and controlling.
  2. The function of management is only to control and find faults.
  3. Management promotes efficient use of resources.
  4. Management contributes to organisational and social development.
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  1. Both assertion and reason are true and reason is the correct explanation
  2. Both assertion and reason are true but reason is not the correct explanation
  3. Assertion is true but reason is false
  4. Assertion is false but reason is true
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  1. Balance between group goals and personal objectives
  2. Only building expansion
  3. Only tax payment
  4. Only advertising colour
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  1. Dynamic organisation and service coordination according to growth
  2. Only salary payment
  3. Only furniture purchase
  4. Only social feast
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  1. Personal development and preparation for future change
  2. Only removing jobs
  3. Only tax saving
  4. Only warehouse cleaning
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  1. Social development customer trust and transparency
  2. Only employee salary
  3. Only machine purchase
  4. Only office cleaning
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  1. Planning based resource allocation and priority
  2. Only employee appreciation
  3. Only building construction
  4. Only brand name
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  1. Testing a new idea and turning it into a successful service process
  2. Removing all ideas without checking
  3. Isolating creative employees
  4. Closing the suggestion box
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  1. Both the assertion and the reason are true, and the reason correctly explains the assertion.
  2. Both the assertion and the reason are true, but the reason does not correctly explain the assertion.
  3. The assertion is true, but the reason is false.
  4. The assertion is false, but the reason is true.
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  1. Linking efficiency with human safety and skill
  2. Only production quantity is everything
  3. Safety is never necessary
  4. Training always causes loss

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