Characteristics of Management

Questions and Answers

What is the primary task of a manager in achieving productivity?

Focus solely on financial targets

Secure productive performance through various functions (correct)

Reduce the number of employees

Outsource tasks to third parties

What distinguishes the effectiveness of management from its efficiency?

Effectiveness is linked to organizational structure, while efficiency concerns output quality

Effectiveness is solely based on employee satisfaction, efficiency on revenue generation

Effectiveness relates to the use of resources, while efficiency focuses on management skills

Effectiveness deals with achieving objectives, while efficiency is about minimizing costs (correct)

Which aspect is crucial for effective management in terms of people?

Ensuring strict oversight without collaboration

Selecting the best people and working harmoniously with them (correct)

Implementing rigid management policies

Focusing solely on individual performance metrics

How is management described in terms of process?

<p>A sequence of logical steps from setting objectives to achieving them</p> Signup and view all the answers

What does being goal-oriented imply in management?

<p>Consistently striving to achieve predetermined objectives</p> Signup and view all the answers

Study Notes

Characteristics of Management

Aims to achieve targets economically and effectively.
Primary task involves securing productive performance through planning, organizing, directing, and controlling resources.
Focuses on maximizing profits by rationally utilizing available resources to meet desired results.

Objective-Oriented Nature

Acts as an endeavor to accomplish predetermined objectives.
Involves coordinating and directing activities within the organization to reach specific goals.

Efficiency and Effectiveness

Management is both goal-oriented and output-oriented, emphasizing purposeful activity.
Effectiveness relates to achieving an organization's objectives, while efficiency pertains to producing outputs with minimal cost or effort.

People-Centric Approach

Relies on skill and experience to get tasks done through people.
Organizational objectives cannot be met without teamwork and collaboration among individuals.
Selecting and working effectively with the right personnel is crucial for managerial success.

Process and Methodology

Management is a sequential process comprising logical steps and methodologies.
The management process initiates from formulating desired objectives to the actual achievement of those objectives.

Description

This quiz explores the fundamental characteristics of management, including the processes of planning, organizing, directing, and controlling. It highlights how managers achieve targets efficiently while maximizing organizational profits through resource management.