Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Management is equally important to run a political organisation as it is to run an economic organisation. Which feature of management is being reflected in the given statement?

Options:

Management is goal oriented

Management is multidimensional

Management is all pervasive

Management is a continuous process

Correct Answer:

Management is all pervasive

Explanation:

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.