Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

"Management has been defined as a process of getting things done with the aim of achieving goals effectively and efficiently." In this regard, which of the following is correct meaning of the term 'process'?

Options:

It means the primary functions or activities that management performs to get things done.

It means setting up of objectives.

It means coordination of activities.

It means making effective and efficient plans.

Correct Answer:

It means the primary functions or activities that management performs to get things done.

Explanation:

Management, has therefore, been defined as a process of getting things done with the aim of achieving goals effectively and efficiently. We need to analyse this definition. There are certain terms which require elaboration. These are (a) process, (b) effectively, and (c) efficiently. Process means the primary functions or activities that management performs to get things done. These functions are planning, organising, staffing, directing and controlling.