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:

The correct answer is option 1- It means the primary functions or activities that management performs to get things done.

Process means the primary functions or activities that management performs to get things done. These functions are planning, organising, staffing, directing and controlling.

1. Planning: Setting objectives and determining the best course of action to achieve them.
2. Organizing: Arranging resources and tasks to achieve the goals.
3. Staffing: Arrange men at the right places to fulfill the objectives.
4. Directing: Motivating and guiding employees to work towards the objectives.
5. Controlling: Monitoring and evaluating performance to ensure goals are being met and making adjustments as necessary.

Thus, "process" refers to these primary functions or activities that management performs to get things done.