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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 6 · 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. Both assertion and reason are correct and reason is the correct explanation
  2. Assertion is correct but reason is wrong
  3. Assertion is wrong but reason is correct
  4. Both are wrong
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  1. Efficiency is visible but human resource development is incomplete
  2. All importance points are complete
  3. Society development is complete
  4. Change management occurred
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  1. Safe products increase customer trust and repeat purchase
  2. Immediate sales increase through false advertising
  3. Keeping reports clean by suppressing complaints
  4. Selling poor goods at low price
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  1. Efficiency is not complete because time is also a resource
  2. Efficiency is complete because keeping costs low is sufficient
  3. Efficiency is complete because saving the budget proves goal achievement
  4. Efficiency is assessed only by the amount of money spent
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  1. Setting goals measuring results and improving the next target
  2. Spending without goals
  3. Hiding reports
  4. Doing work without sequence
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  1. Innovation change and human resource development
  2. Only tax accounting
  3. Only cash deposit
  4. Only building expansion
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  1. Long term human resource weakness
  2. Social image will always rise
  3. Coordination will automatically complete
  4. Cost will always be zero
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  1. Keeping core service running by saving necessary expenses when demand falls
  2. Stopping all decisions without information
  3. Breaking customer relations
  4. Not telling employees goals
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  1. Correct because there is no relation with society
  2. Wrong because it is also linked with social development and external change
  3. Correct because customers are external
  4. Wrong because efficiency is not important
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  1. Performance control and improvement
  2. Employee ability
  3. Customer discount
  4. Building safety
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  1. Improving structure according to change
  2. Keeping only old files
  3. Hiding goals
  4. Stopping production
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  1. Honest service creates customer trust and stable income
  2. Earning quick profit through wrong weight
  3. Making reports look good by deleting complaints
  4. Reducing cost by stopping safety spending
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  1. Direction confusion and resistance may increase
  2. Coordination will always increase
  3. Resources will be saved automatically
  4. Society development will complete
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  1. Human resource utilisation and innovation
  2. Only customer bill
  3. Building repair
  4. Hiding raw material
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  1. Achieving sales target by selling safe products
  2. Achieving target through adulteration
  3. Increasing sales by false advertising
  4. Showing targets by suppressing complaints
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  1. Order and accountability
  2. Only paperwork
  3. Customer discount
  4. Social donation
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  1. Feedback based improvement
  2. Only advertising
  3. Employee leave
  4. Cash deposit
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  1. Machine time reduced but employees were not trained
  2. Employees got training and respect
  3. Customer complaints were solved
  4. Society got safe product
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  1. Correct because feedback is not needed
  2. Wrong because communication is needed for instructions understanding and feedback
  3. Correct because employees do not listen
  4. Wrong because communication has no relation with management
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  1. Setting priorities and using resources for essential work
  2. Increasing all expenses without thinking
  3. Immediately leaving customers
  4. Hiding goals and information
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  1. Efficiency and quality control
  2. Only social donation
  3. Building expansion
  4. Hiding raw material
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  1. Linking performance bonus with team quality target
  2. Keeping employees away from goals
  3. Giving work to team without information
  4. Hiding customer complaints
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  1. Society development and responsible management
  2. Only output quantity
  3. Only employee count
  4. Only cash balance
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  1. It creates sustainable results by linking limited resources human efforts and changing environment
  2. It is only a list of daily orders
  3. It is only a process of recording expenses
  4. It is only machine use
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  1. Goals were achieved but resources were wasted and customers remained dissatisfied
  2. Goals were achieved resources were saved and customers remained satisfied
  3. Employees were trained and quality improved
  4. Change was adopted and cost reduced

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