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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.

Medium · Level 7 · 15 questions

TOPIC PRACTICE

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Up to 15 questions from this page. Select your focus, then start.

15 questions

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  1. Creating a dynamic organisation
  2. Personal salary
  3. Wrong information
  4. Building construction
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  1. Both assertion and reason are true, and the reason is the correct explanation
  2. Both assertion and reason are true, but the reason is not the correct explanation
  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. Management improves resource use and goal achievement
  2. Management helps an organisation adapt to change
  3. Management can help provide better goods and services to society
  4. Management always aims to increase confusion and wastage
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  1. Preparation to handle uncertainty
  2. Hiding resources
  3. Confusing employees
  4. Removing customer complaints
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  1. Efficiency and resource saving
  2. Only social donation
  3. Only employee leave
  4. Only brand name
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  1. Both assertion and reason are true and the reason is the correct explanation
  2. Both assertion and reason are true but the reason is not the correct explanation
  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. Preparation before change and stronger competition
  2. Continuing only the old process
  3. Hiding customer signals
  4. Ending coordination
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  1. Coordination and decision quality
  2. Only salary distribution
  3. Only building security
  4. Only advertising colour
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  1. Both assertion and reason are true and the reason is the correct explanation
  2. Both assertion and reason are true but the reason is not the correct explanation
  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. Achievement of group goals and personal satisfaction
  2. Only machine purchase
  3. Only bank interest
  4. Only building name
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  1. Increasing machine time for a high-demand product
  2. Increasing stock of a low-demand product
  3. Buying materials without need
  4. Ignoring sales information
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  1. Creating a dynamic organisation adaptable to change
  2. Only an employee picnic
  3. Only building construction
  4. Only cash reconciliation
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  1. Both assertion and reason are true, and the reason is the correct explanation
  2. Both assertion and reason are true, but the reason is not the correct explanation
  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. Adopting an energy-saving process to reduce cost and environmental impact
  2. Wasting surplus electricity without purpose
  3. Discarding usable raw material
  4. Repeating defective production without correction
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  1. Achieving group goals through coordination
  2. Making only charitable donations
  3. Maintaining only the payroll list
  4. Repairing only the organisation’s building

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