Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Read the following passage and answer the following questions.

XYZ Ltd has the business of manufacturing clothes for children under the age of 8. For the successful completion of the goal of manufacturing of 100,000 clothes in 45 days, all the activities of the company are divided accordingly. A group of 5 friends named (Biti, Niti, Piti, Siti, Miti) is working in that company but their work is not the same. Every individual is responsible for successful completion of a particular task. The authority-responsibility relationship binds them as superiors and subordinates.

* Biti performed the function of analyzing the business environment and its implications on the company.
* Niti's job is to intepret the policies framed by Piti.
* Siti has to make sure that the workers have safe and proper working conditions for the work.
* Miti is the chairman of the company.

What the passage highlights?

Options:

Cooperation of management

Level of management

Coordination among the management

Planning among the management

Correct Answer:

Level of management

Explanation:

The correct answer is option 2- Level of management.

* As the various functions of people are given in the question which are performed by the people while working in the company at various levels.

As we all know that Management is a widely applicable term encompassing specific functions executed by individuals within an enterprise, united by hierarchical relationships. Within this hierarchy, each individual bears the responsibility for the successful execution of a designated task. To empower them in fulfilling these responsibilities, individuals are granted a corresponding level of authority, entitling them to make decisions. This interplay of authority and responsibility establishes relationships between superiors and subordinates, resulting in distinct levels within the organizational structure. In most cases, organizations consist of three primary levels in their hierarchical arrangement. Thus, level of management are highlighted in the question.