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Questions and Answers
What is the primary function of management referred to as?
What is the primary function of management referred to as?
- Process (correct)
- Administration
- Supervision
- Execution
What does effectiveness in management refer to?
What does effectiveness in management refer to?
- Maximizing the use of resources
- Completing the right task to achieve the goal within the time frame (correct)
- Minimizing the use of resources
- Supervising the completion of tasks
What does efficiency in management refer to?
What does efficiency in management refer to?
- Supervising the use of resources
- Completion of tasks using minimum resources (correct)
- Completion of tasks using maximum resources
- Completion of tasks regardless of resources used
What is the aim of management?
What is the aim of management?
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What does the concept of management emphasize?
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.
