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Questions and Answers
What is the primary function of management referred to as?
What does effectiveness in management refer to?
What does efficiency in management refer to?
What is the aim of management?
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What does the concept of management emphasize?
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Study Notes
Management Overview
- The primary function of management is to plan, organize, lead, and control resources to achieve organizational goals.
Effectiveness and Efficiency
- Effectiveness in management refers to achieving organizational goals and objectives.
- Efficiency in management refers to achieving goals with minimal waste of resources, such as time, money, and effort.
Aim of Management
- The aim of management is to create a productive and efficient organization that achieves its goals and objectives.
Emphasis of Management
- The concept of management emphasizes the optimal use of resources to achieve organizational goals and objectives.
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Description
Test your knowledge of CBSE Class 12 Business Studies Chapter 1 with these revision notes. Explore the definition and concept of management, and understand its significance in achieving organizational objectives. Sharpen your understanding of management principles and practices through this quiz.
