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Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Read the Passage Given below and answer the following question.
Namchi Designer Candles, run by Smita has 100 per cent women as employees and they also produce varieties of candles. During Diwali, they produce customized candles meant for the occasion. These Diwali themed candle has been a success in Sikkim as its demand increases on a yearly basis. Namchi Designer Candles has been receiving numerous awards such as North East Women Entrepreneur of the year 2015-2016 for Sikkim and Sreemanta Shankar Mission of Guwahati on 26th April 2018 at New Delhi. A typical day in Smita’s life consists of a series of interrelated and continuous functions. She has to plan a special festive collection for Diwali. This means organising more funds and recruiting more workers. She also has to regularly communicate with her suppliers to ensure that deadlines regarding delivery of goods are met. In the course of the day, she meets customers for a general feedback and any suggestions that they may have.

Which of the following feature of management is apparent from the given Para?

Options:

Management is a goal-oriented process

Management is all pervasive

Management is a continuous process

All of the above

Correct Answer:

All of the above

Explanation:

All of the above features of management are apparent from the given paragraph.

  • Management is a goal-oriented process: Smita is planning a special festive collection for Diwali, which means she has to organize more funds and recruit more workers. This shows that she is working towards a specific goal.
  • Management is all pervasive: Smita has to manage all aspects of her business, from planning and organizing to recruiting and communicating with customers. This shows that management is an essential part of every business.
  • Management is a continuous process: Smita is constantly working to improve her business. She is regularly communicating with her suppliers to ensure that deadlines are met, and she is meeting with customers to get feedback and suggestions. This shows that management is an ongoing process.

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