Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

What is the primary purpose of management in organizations?

Options:

Individual development

Chaos creation

Group objectives achievement

Time management

Correct Answer:

Group objectives achievement

Explanation:

Management is essential for all organisations big or small, profit or non-profit, services or manufacturing. Management is necessary so that individuals make their best contribution towards group objectives. Management consists of a series of interrelated functions that are performed by all managers.