Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Match List-I with List-II.

List-I List-II
(A) Management is a  dynamic function (I) Cannot be seen but can be felt
(B) Intangible force (II) Involves management of work people and operations
(C) Pervasive (III) Management has to adapt itself to the changing environment
(D) Multi-Dimensional (IV) Common to all organisations

Choose the correct answer from the options given below.

Options:

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

(A)-(III), (B)-(II), (C)-(I), (D)-(IV)

Correct Answer:

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

Explanation:

The correct answer is option (1) : (A)-(III), (B)-(I), (C)-(IV), (D)-(II).

(A) Management is a dynamic function - (III) Management has to adapt itself to the changing environment. Management is a dynamic function and has to adapt itself to the changing environment. An organisation interacts with its external environment which consists of various social, economic and political factors.

(B) Intangible force - (I) Cannot be seen but can be felt. Management is an intangible force that cannot be seen but its presence can be felt in the way the organisation functions. The effect of management is noticeable in an organisation where targets are met according to plans, employees are happy and satisfied, and there is orderliness instead of chaos.

(C) Pervasive - (IV) Common to all organizations. 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.

(D) Multi-Dimensional - (II) Involves management of work people and operations. Management is a complex activity that has three main dimensions. These are Management of work, Management of people, Management of operations.