Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Match the following.

1. Management - Multidimensional A. What managers do in India, the USA, Germany or Japan is the same.
2. Management - Pervasive B. Work, people, and operations
3. Management - Continuous process C. Adapt to the changing environment
4. Management - Dynamic function D. Simultaneous performance of functions
Options:

1-A, 2-B, 3-D, 4-C

1-A, 2-D, 3-B, 4-C

1-C, 2-D, 3-A, 4-B

1-B, 2-A, 3-D, 4-C

Correct Answer:

1-B, 2-A, 3-D, 4-C

Explanation:
  • Management - Multidimensional: Management is complex activity that has three main dimensions i.e. management of work, management of people and management of operations
  • Management - Pervasive: The activities involved in managing an enterprise are common to all organizations. What managers do in India, the USA, Germany or Japan is the same. 
  • Management - Continuous process: The process of management is a series of continuous, composite, but separate functions (planning, organizing, directing, staffing and controlling). These functions are simultaneously performed by all managers all the time.
  • Management - Dynamic function: Management is dynamic function and has to adapt itself to the changing environment.  In order to be successful, an organization must change itself and its goals according to the needs of the environment.