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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.

Hard · Level 4 · 25 questions

Practice questions

01If a company improves customer service and repeat purchase increases which relation is shown?

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02In a manufacturing company, a manager coordinates the work of different departments so that production, marketing and finance objectives are achieved in harmony. Which importance of management does this illustrate?

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03If management achieves targets but the organisation image in society becomes poor which importance is weak?

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04A company obtained more output with the same number of workers because work sequence was improved. This is an example of which importance?

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05If an organisation keeps taking decisions on old data while the current market has changed what is the weakness?

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06The statement says good management looks only at internal work and not external environment. What is correct?

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07In which situation is management doing both employee development and change management?

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08A school has good teachers but no timetable and examination plan. Which importance of management is clear?

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09If management keeps departmental goals separate but does not explain the common goal what may happen?

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10In which situation is the importance of management linked with standard of living of society?

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11An organisation faces repeated delays because work priorities are not fixed. Which benefit is needed?

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12If an organisation achieves goals but employee morale continuously falls which analysis is correct?

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13In which situation does management prevent losing an opportunity?

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14A company stopped making quality reports to save cost. Which managerial importance is affected?

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15If an organisation has experienced people but they do not cooperate with one another which role of management is necessary?

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16The statement says management helps social development so profit and efficiency are not needed. What is correct?

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17In which situation is the importance of management seen in both personal objectives and development of society?

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18An organisation removed unnecessary levels and reduced decision time. This is an example of which benefit?

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19If an organisation fulfils social responsibilities but ignores employees which management benefit is incomplete?

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20Which option shows the most serious effect of absence of management?

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21If a company reduces complaint resolution time to build customer trust which importance is shown?

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22A company gave employees new roles but no authority. As a result the target remained incomplete. Which importance is weak?

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23The statement says good management looks only at current production and does not prepare for the future. What is the correct evaluation?

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24If goals reach employees but resources do not reach on time which benefit is incomplete?

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25Authority is clear in an organisation but there are no performance standards. Which managerial benefit will remain weak?

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