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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.

Easy · Level 3 · 25 questions

Practice questions

01A factory has machines and employees but no work plan. Why will management be needed first?

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02When management ensures proper use of raw material which benefit is obtained?

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03A company changed production according to product demand when the season changed. Which importance of management is shown?

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04If responsibility is clearly written in an organisation what benefit do employees get?

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05How does management help increase employees ability?

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06In which situation is the society development importance of management shown?

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07If two departments repeat the same work what can management do?

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08How does management ensure better use of time in an organisation?

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09Employees are hardworking but morale is low in an organisation. How can management help?

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10Why is management necessary for an organisation to achieve goals?

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11Which example shows the decision making importance of management?

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12If new technology enters the market what can management do to protect the organisation?

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13How does management create balance of interests?

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14Why can cost reduce through management?

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15When an organisation changes products according to new customer preferences which importance is indicated?

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16How does management increase cooperation in an organisation?

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17In which situation does an organisation become more dynamic?

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18If an organisation gives better service to customers what benefit does society get?

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19How does management make people efforts useful?

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20In which situation is the efficiency increasing role of management shown?

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21If management is weak what problem may occur in decisions?

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22Why does management understand the need for innovation in an organisation?

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23What does good management do by explaining goals to employees?

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24If an organisation changes old methods and works according to new demand what is the benefit?

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25What contribution can management make to national progress?

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