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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 5 · 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. Productivity rises employment is created and resources are saved
  2. Production stops and employment falls
  3. Resources are hidden
  4. Customers are cheated
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  1. Overall impact of importance of management
  2. Only employee wages
  3. Only advertising plan
  4. Only building expansion
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  1. Departmental coordination and efficiency
  2. Only social donation
  3. Only building maintenance
  4. Only customer discount
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  1. The organisation may lose opportunities
  2. Resources will increase automatically
  3. Customer complaints will end automatically
  4. Cost will always decrease
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  1. Resource use
  2. Protection of society and consumer interest
  3. Only employee training
  4. Only cash flow
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  1. Clear direction of goals
  2. Building expansion
  3. Customer discount
  4. Raw material storage
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  1. Converting change into effective action
  2. Only wage payment
  3. Social donation
  4. Building repair
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  1. Completing targets on time by giving skill training to employees
  2. Leaving employees without instructions
  3. Hiding customer complaints
  4. Keeping resources idle
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  1. Correct because government organisations have no goals
  2. Wrong because every organisation has to manage goals and resources
  3. Correct because schools have no management
  4. Wrong because management exists only in families
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  1. Short term saving reduced real efficiency
  2. Efficiency fully increased
  3. Social development was completed
  4. Human resource development occurred
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  1. Change acceptance and cooperation
  2. Only tax payment
  3. Building beauty
  4. Cash sales
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  1. Adopting a pollution reducing process and giving correct reports
  2. Only putting environment day posters
  3. Donating while hiding pollution
  4. Deleting customer complaints
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  1. Balance between goal achievement and human resources
  2. Only customer packaging
  3. Building safety
  4. Cash deposit
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  1. Corrective action
  2. Social publicity
  3. Wage distribution
  4. Building expansion
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  1. The organisation changes policy and method when environment changes
  2. The organisation ignores every new demand
  3. The organisation sells only old products
  4. The organisation stops work due to fear of change
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  1. Improving a product using customer data and cost analysis
  2. Changing a product after hearing rumours
  3. Taking a decision without reading reports
  4. Increasing expenses because of an old habit
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  1. Interdepartmental coordination
  2. Only advertising
  3. Employee leave
  4. Tax return
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  1. Resource saving is not balanced
  2. Management is fully successful
  3. Customer satisfaction is irrelevant
  4. Society development is complete
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  1. Correct because employee needs are obstacles
  2. Wrong because satisfied employees can strengthen organisational goals
  3. Correct because wages are unnecessary
  4. Wrong because organisational goals never exist
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  1. Organisational efficiency through fulfilment of personal objectives
  2. Only social donation
  3. Only customer discount
  4. Only building repair
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  1. Correct billing and guarantee of safe products
  2. Wrong weight and hidden terms
  3. Deleting complaints
  4. Misleading promotion
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  1. Future preparedness and human resource development
  2. Only cash deposit
  3. Social donation
  4. Building decoration
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  1. Efficient industries increase production and create employment
  2. Industries keep resources blocked
  3. Work runs without goals
  4. Customers get wrong information
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  1. Customer service and efficiency through innovation
  2. Only wage increase
  3. Building expansion
  4. Raw material purchase
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  1. Control and goal direction
  2. Only social donation
  3. Only market discount
  4. Building painting

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