Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Match the following

LIST I LIST II
A) Production manager I) Management
B) Foreman II) Top level manager
C) Vice president III) Middle level manager
D) Group activity IV) Lower level manager
Options:

A-II, B-I, C-III, D-IV

A-II, B-IV, C-III, D-I

A-IV, B-II, C-III, D-I

A-III, B-IV, C-II, D-I

Correct Answer:

A-III, B-IV, C-II, D-I

Explanation:

A) Production manager- Middle Management is the link between top and lower level managers. They are subordinate to top managers and superior to the first line managers. They are usually known as division heads, for example production manager. Middle management is responsible for implementing and controlling plans and strategies developed by top management.

B) Foreman- Foremen and supervisors comprise the lower level in the hierarchy of the organisation. Supervisors directly oversee the efforts of the workforce. Their authority and responsibility is limited according to the plans drawn by the top management. Supervisory management plays a very important role in the organisation since they interact with the actual work force and pass on instructions of the middle management to the workers.

C) Vice president- Top Management consist of the senior-most executives of the organisation by whatever name they are called. They are usually referred to as the chairman, the chief executive officer, chief operating officer, president and vice-president. Top management is a team consisting of managers from different functional levels, heading finance, marketing etc. For example chief finance officer, vice president (marketing).

D) Management is a group activity: An organisation is a collection of diverse individuals with different needs. Every member of the group has a different purpose for joining the organisation but as members of the organisation they work towards fulfilling the common organisational goal. This requires team work and coordination of individual effort in a common direction.