Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Which one of the following is NOT an importance of management?

Options:

Management Increases Efficiency

Management helps in development of society

Management helps in Disciplining employees

Management creates a dynamic organisation

Correct Answer:

Management helps in Disciplining employees

Explanation:

The answer is Option 3 : Management helps in Disciplining employees.

While discipline is important, it's not the primary function of management. Management is more focused on achieving goals, utilizing resources effectively, and creating a positive work environment.

Here's why the other options are important aspects of management:

  • Management Increases Efficiency: By planning, organizing, and coordinating resources, management helps organizations achieve more with less.
  • Management helps in development of society: Successful organizations create jobs, develop products and services, and contribute to the overall economy.
  • Management creates a dynamic organisation: Effective management allows organizations to adapt to change and stay competitive in a dynamic business environment.