Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Management is essential for which type of Organisation?

Options:

Social organization

Non profit organisation

Service organisation

All of the above

Correct Answer:

All of the above

Explanation:

OPTION-1 Social organization
OPTION-2 Non profit organisation
OPTION-3 Service organisation
The activities involved in managing an enterprise are common to all organisations whether economic, social or political. A petrol pump needs to be managed as much as a hospital or a school. What managers do in India, the USA, Germany or Japan is the same. How they do it may be quite different. This difference is due to the differences in culture, tradition and history.
So, the correct ans is all of these.