Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Which of the following is the organization’s greatest asset?

Options:

Human

Money

Machines

Building

Correct Answer:

Human

Explanation:

Human resources or people are an organisation’s greatest asset. Despite all developments in technology “getting work done through people” is still a major task for the manager. Managing people has two dimensions
 (i) it implies dealing with employees as individuals with diverse needs and behavior
(ii) it also means dealing with individuals as a group of people.
The task of management is to make people work towards achieving the organisation’s goals, by making their strengths effective and their weaknesses irrelevant.