Business Studies

Importance of management

Q: In a detailed case an organisation clarified goals saved resources integrated departments trained employees increased customer trust and adopted technology. This is an example of what?

Overall impact of importance of management This case includes goals efficiency coordination human development social welfare and change. In exams identify complete importance cases.

Q: An organisation achieved goals but every department worked in different ways and cost increased. Which aspect of importance of management is weak?

Departmental coordination and efficiency Along with goal achievement coordination and low cost are also necessary. In exams check both goal and cost.

Q: If management does not understand market change on time what is the most likely effect on the organisation?

The organisation may lose opportunities Failure to understand market change can lose opportunities and competitive advantage. In exams connect market change with adaptation.

Q: A company increased production but did not give correct information to customers. Which managerial importance is incomplete?

Protection of society and consumer interest Higher production is not enough because correct information protects consumers. In exams check social responsibility along with production.

Q: If an organisation has enough resources but employees do not understand goals which benefit is needed first?

Clear direction of goals Resources are useful only when employees understand goal direction. In exams treat resources without direction as a need for management.

Q: New machines came into an organisation but old work methods continued. Which importance of management is lacking?

Converting change into effective action A new machine is useful only when work methods also change. In exams connect technology with process change.

Q: An organisation stopped quality inspection to reduce cost and later return cost increased. Which conclusion is correct?

Short term saving reduced real efficiency Removing inspection may increase later cost and complaints. In exams do not always treat short term saving as efficiency.

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

Practice questions

01In which situation is importance of management linked with both organisational and national development?

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Answer and explanation

Correct answer: A. Productivity rises employment is created and resources are saved

Productivity employment and resource saving support wider development. In exams connect national development with economic contribution.

Importance of management

Practice questions

08In which situation does management achieve both human resource development and goal achievement?किस स्थिति में प्रबंधन मानव संसाधन विकास और लक्ष्य प्राप्ति दोनों करता है?

15Which option gives the best meaning of management creates a dynamic organisation?किस विकल्प में management creates a dynamic organisation का सबसे अच्छा अर्थ है?

16In which situation is the importance of management linked with the quality of decisions?किस स्थिति में प्रबंधन की महत्ता निर्णय की गुणवत्ता से जुड़ी हुई है?

21Which example shows management building trust toward society and customers?किस उदाहरण में प्रबंधन समाज और ग्राहकों के प्रति भरोसा बनाता है?

23In which situation does importance of management extend to national development?किस स्थिति में प्रबंधन की महत्ता राष्ट्रीय विकास तक पहुंचती है?

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08In which situation does management achieve both human resource development and goal achievement?

15Which option gives the best meaning of management creates a dynamic organisation?

16In which situation is the importance of management linked with the quality of decisions?

21Which example shows management building trust toward society and customers?

23In which situation does importance of management extend to national development?