Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

"Management unites the efforts of different individuals in the organisation towards achieving these goals". Which characteristic of management is highlighted in the above statement?

Options:

Management is a group activity

Management is an intangible force

Management is a goal-oriented process

Management is a dynamic function

Correct Answer:

Management is a goal-oriented process

Explanation:

An organisation has a set of basic goals which are the basic reason for its existence. These should be simple and clearly stated. Different organisations have different goals. For example, the goal of a retail store may be to increase sales, but the goal of The Spastics Society of India is to impart education to children with special needs. Management unites the efforts of different individuals in the organisation towards achieving these goals.