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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 7 · 9 questions

TOPIC PRACTICE

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9 questions

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  1. Complete and balanced impact of importance of management
  2. Only employee wages
  3. Only customer discount
  4. Only office records
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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. Efficiency and resource utilisation through preventive correction
  2. Only social function
  3. Only employee leave
  4. Only office painting
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  1. Wide adaptation according to changing environment
  2. Only increasing fees
  3. Only classroom decoration
  4. Only attendance register
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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. Efficiency and adaptation to change
  2. Only social donation
  3. Only stopping wages
  4. Only hiding customers
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  1. Producing more than demand and accumulating stock
  2. Fixing production time according to demand
  3. Measuring wastage and improving
  4. Preparing machine use schedule
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  1. Fact based decision making and efficiency
  2. Only employee leave
  3. Only building security
  4. Only dividend
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  1. Both assertion and reason are true and reason is the correct explanation
  2. Both assertion and reason are false
  3. Assertion is true but reason is false
  4. Assertion is false but reason is true

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