12 Questions
What is management by people?
The art of getting things done through others
What does the term 'process' mean in management?
A continuous series of actions
Why is management considered all pervasive?
Because it is common to all types of organizations
What is the main goal of management?
To balance personal and organizational needs
How can an organization be successful according to the text?
By changing its goals according to the environment's needs
'Management is the process of getting things done.' What does this statement imply?
'Management involves achieving goals effectively and efficiently'
What characteristic of management does the statement 'Management is a group activity' highlight?
Management involves diverse individuals working towards common goals
Why does the text mention that management has to adapt to changing external factors?
To highlight the importance of dynamic adaptation in management
Which aspect is NOT considered when evaluating effective management according to the text?
Providing quality products at reasonable rates
Why is management considered a three-tier machinery?
Because of the three levels in the management hierarchy
How does coordination benefit group efforts in an organization?
By unifying diverse interests for a common focus
What restricts entry to a profession according to the text?
Acquiring an educational degree
Test your understanding of Chapter 1: Nature and Significance of Management with important very short answer questions (1 mark) focusing on key concepts like 'management by people' and the meaning of the term 'process'. Practice explaining the art of getting things done through others in the context of organizational needs.
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