Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:

Which of the following is NOT management in the real sense?

Options:

A Finance Manager working to attain profit with the help of his subordinates.

Captain of the Football team discussing strategies to win the match with his team.

A manager of a Restaurant discussing the day's menu with his staff

A street hawker selling his goods alone in the market

Correct Answer:

A street hawker selling his goods alone in the market

Explanation:

The correct answer is option (4)- A street hawker selling his goods alone in the market.

A street hawker selling his goods alone in the market is not management in the real sense.

While a street hawker may engage in activities like selling goods and making decisions about pricing or sales, management in a broader sense involves coordinating and leading a team to achieve organizational goals. The key aspect of management is overseeing the work of others and making strategic decisions to meet goals, which is not happening in the case of a street hawker working alone.

 

OTHER OPTIONS

  • A Finance Manager working to attain profit with the help of his subordinates: This is clearly a managerial role. The finance manager is leading a team, making strategic decisions, and working towards organizational goals, such as profitability.
  • Captain of the Football team discussing strategies to win the match with his team: The captain is acting as a leader and manager of the team. They are managing a group of individuals, coordinating efforts, and making decisions to achieve a goal (winning the match).
  • A manager of a Restaurant discussing the day's menu with his staff: This is a management scenario. The manager is leading a team (the staff), discussing plans (the menu), and ensuring that operations align with business goals (running the restaurant smoothly).