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Subjects

Business Studies

Management concept

This Class 12 Business Studies topic introduces management as the process of planning, organising, staffing, directing and controlling organisational resources to achieve goals efficiently and effectively. Students learn why management is needed in every organisation, how it coordinates individual and group efforts, and how it balances objectives such as growth, productivity and social responsibility. The topic builds a foundation for understanding the nature and significance of management in business operations.

Expert · Level 6 · 7 questions

Practice questions

01In which situation has the manager correctly understood personal objectives?

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02Which option is the broadest example of social objective?

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03A manager explained goals to employees and asked what difficulties they face. What managerial benefit will this give?

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04If management focuses only on owners interests and ignores employees and society what is the long term risk?

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05In which situation would calling management only science be proved wrong?

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06In a case a manager set clear goals allocated resources motivated people integrated departments and improved results. This is the most complete example of what?

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07If a manager focuses only on cost reduction and customer complaints rise due to lower quality what understanding of efficiency is incomplete?

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