Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Match the following

LIST I LIST II
A) Effectiveness I) Middle level manager
B) Efficiency II) Influencing behaviour of employees
C) Division head III) Focus on end result
D) Directing IV) Focus on cost benefit analysis
Options:

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

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

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

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

Correct Answer:

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

Explanation:

A) Effectiveness- Effectiveness in management is concerned with doing the right task, completing activities and achieving goals. In other words, it is concerned with the end result.

B) Efficiency- Efficiency means doing the task correctly and with minimum cost. There is a kind of cost-benefit analysis involved and the relationship between inputs and outputs. If by using less resources (i.e., the inputs) more benefits are derived (i.e., the outputs) then efficiency has increased. Efficiency is also increased when for the same benefit or outputs, fewer resources are used and less costs are incurred. 

C) Division head- Middle Management is the link between top and lower level managers. They are subordinate to top managers and superior to the first line managers. They are usually known as division heads, for example production manager. Middle management is responsible for implementing and controlling plans and strategies developed by top management.

D) Directing- Directing involves leading, influencing and motivating employees to perform the tasks assigned to them. This requires establishing an atmosphere that encourages employees to do their best. Motivation and leadership are two key components of direction. Directing also involves communicating effectively as well as supervising employees at work. Motivating workers means simply creating an environment that makes them want to work. Leadership is influencing others to do what the leader wants them to do.