Tag: importance of management

Questions Related to importance of management

"Management is the function of getting things done through people and directing the efforts of individuals towards a common objective". It was observed by ________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Haimann

  2. Kootz and O'Donnell

  3. Hick

  4. Henry Fayol

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Correct Option: A

The word "management" derives its origin from ______ word nomos.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Roman

  2. Italian

  3. Greek

  4. Egyptian

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Correct Option: C

The term ______ means to increase the value of domestic currency compared to foreign currency. 

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Over valuation

  2. Increase in Price index

  3. Monetary measures

  4. Bloatedness/lnflated currency

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Correct Option: D

Administration can be viewed as __________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. less important than management

  2. the same thing as management

  3. part of management

  4. separate from management

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Correct Option: C

Management qualifies all tests of a profession except __________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. dominance of service motive

  2. restricted entry

  3. systematic body of knowledge

  4. use of know how and skills

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Correct Option: D

Management is __________ system.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. social

  2. close

  3. an open

  4. none of the above

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Correct Option: C

Management includes ____________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. administrative management

  2. operative management

  3. either (A) or (B)

  4. both (A) & (B)

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Correct Option: D

The Greek word nomos means ______________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Management.

  2. Government.

  3. Organisation.

  4. Consumer.

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Correct Option: A

Which of the following is NOT the objective of management?

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. Not to waste the efforts of management

  2. To save the time efforts & money

  3. Management does not take care of the betterment of the society

  4. None of the above

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Correct Option: C

Management can be defined as science because __________.

business organisation importance of management introduction and characteristics of management meaning, nature and importance of management basics of management

  1. new knowledge can always change the old established principles of management.

  2. new knowledge of science help the managers.

  3. because scientists are always making new things for the managers.

  4. None of the above.

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Correct Option: A