Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Which of the following statements are true about management?

(A) Management is required at all levels of the organization.
(B) Management is only necessary for profit-making organizations.
(C) Management is a complex activity.
(D) Management is both an art and a science.

Choose the correct answer from the options given below:

Options:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer:

(A), (C) and (D) only

Explanation:

The correct answer is Option (2) → (A), (C) and (D) only

  • (A) Management is required at all levels of the organization → True. Management is needed at top, middle, and lower levels for coordination and efficiency.

  • (B) Management is only necessary for profit-making organizations → False. Management is equally important in non-profit, charitable, and government organizations.

  • (C) Management is a complex activity → True. It involves planning, organizing, directing, controlling, and decision-making, which makes it complex.

  • (D) Management is both an art and a science → True. It applies scientific principles but also requires personal skills, creativity, and experience.