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Home/Practice questions/Business Studies
Business StudiesNature and significance of Management

Management is multidimensional because it includes management of......

Management is multidimensional because it includes management of......

Answer & explanation+

Correct answer: option 4

The correct answer is Option (4) → People, Work and Operations

  • Option (1) Work, Operations and Cost — Incorrect. Cost is not one of the three dimensions; people is missing.

  • Option (2) Operations, Cost and Time — Incorrect. Cost and time are not dimensions of management; work and people are missing.

  • Option (3) Workers, Time and Efforts — Incorrect. Time and efforts are not dimensions of management.

  • Option (4) People, Work and Operations — Correct. Management is multidimensional: a complex activity with three main dimensions, management of work, management of people and management of operations. Work means the task the organisation exists for. People are the organisation’s greatest asset. Operations means the production process that turns inputs into the product or service.

NCERT (2026-27 Edition): “(iii) Management is multidimensional: Management is a complex activity that has three main dimensions. These are:”

“(a) Management of work: All organisations exist for the performance of some work. …”

“(b) Management of people: Human resources or people are an organisation’s greatest asset. …”

“(c) Management of operations: No matter what the organisation, it has some basic product or service to provide in order to survive. …”

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