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Questions and Answers
What is the primary purpose of a production process?
What is the primary purpose of a production process?
- To develop a comprehensive plan for future exhibitions.
- To ensure the efficient management of work and people.
- To create a team-oriented environment for employees.
- To transform input materials into consumable outputs. (correct)
Which of the following is NOT a key function of management as described in the text?
Which of the following is NOT a key function of management as described in the text?
- Motivating (correct)
- Organizing
- Controlling
- Planning
What is the significance of the statement "Management is a continuous process"?
What is the significance of the statement "Management is a continuous process"?
- It suggests that management functions are performed in a sequential order, one after the other.
- It emphasizes that management involves a series of ongoing and interconnected activities. (correct)
- It implies that managers are constantly working to improve the efficiency of the production process.
- It highlights the importance of ongoing training and development for managers.
How does the statement "Management is a group activity" relate to the production process?
How does the statement "Management is a group activity" relate to the production process?
What is the main idea conveyed by the example of Smita, the manager at Namchi Designer Candles?
What is the main idea conveyed by the example of Smita, the manager at Namchi Designer Candles?
How does "Together Everyone Achieves More as a Team" relate to the concept of management as a group activity?
How does "Together Everyone Achieves More as a Team" relate to the concept of management as a group activity?
Why is the management of work and people interlinked in a production process?
Why is the management of work and people interlinked in a production process?
What is the significance of the phrase "Rationalised 2023-24" in the context of the given content?
What is the significance of the phrase "Rationalised 2023-24" in the context of the given content?
What is the most important reason why management is crucial for achieving group goals?
What is the most important reason why management is crucial for achieving group goals?
How does management help in reconciling personal goals with organisational objectives?
How does management help in reconciling personal goals with organisational objectives?
What is the main way that management helps organizations adapt to change?
What is the main way that management helps organizations adapt to change?
Which of these is NOT a reason for the importance of management?
Which of these is NOT a reason for the importance of management?
Which of the following is NOT a factor considered when reconciling personal goals with organizational objectives?
Which of the following is NOT a factor considered when reconciling personal goals with organizational objectives?
What is a key way management motivates employees to achieve personal goals while contributing to organizational success?
What is a key way management motivates employees to achieve personal goals while contributing to organizational success?
Which best describes the role of management in fostering team spirit, cooperation, and commitment to group success?
Which best describes the role of management in fostering team spirit, cooperation, and commitment to group success?
Which of these is NOT a way that management helps in the development of society?
Which of these is NOT a way that management helps in the development of society?
What are the 'hard' skills that a global manager needs to possess?
What are the 'hard' skills that a global manager needs to possess?
What is the primary implication of the changing nature of organizations in the 21st century?
What is the primary implication of the changing nature of organizations in the 21st century?
How does the passage describe the role of a global manager in the 21st century?
How does the passage describe the role of a global manager in the 21st century?
What is the primary reason for the changing nature of the organization in the 21st century?
What is the primary reason for the changing nature of the organization in the 21st century?
What characteristic is NOT highlighted as essential for a global manager?
What characteristic is NOT highlighted as essential for a global manager?
What is a key challenge for organizations in the 21st century that the passage highlights?
What is a key challenge for organizations in the 21st century that the passage highlights?
According to the passage, what is the impact of specialists on organizations?
According to the passage, what is the impact of specialists on organizations?
What is the implication of the phrase 'global village' used in the passage?
What is the implication of the phrase 'global village' used in the passage?
What is the primary objective of Smita's organization?
What is the primary objective of Smita's organization?
Which managerial level is responsible for deciding the quantities, variety, and color of candles?
Which managerial level is responsible for deciding the quantities, variety, and color of candles?
What is the primary role of the human resource function in an organization?
What is the primary role of the human resource function in an organization?
Which of the following is NOT a function of planning?
Which of the following is NOT a function of planning?
What does the text imply about the importance of planning?
What does the text imply about the importance of planning?
Which of the following activities is considered a part of the operational management level?
Which of the following activities is considered a part of the operational management level?
What is the primary goal of the organizing function in management?
What is the primary goal of the organizing function in management?
Based on the information provided, what can we infer about the management of Infosys Technologies?
Based on the information provided, what can we infer about the management of Infosys Technologies?
What is the primary argument for considering management an art?
What is the primary argument for considering management an art?
Which of the following is NOT a feature that defines a profession?
Which of the following is NOT a feature that defines a profession?
How has the field of management developed in recent times?
How has the field of management developed in recent times?
What is a key characteristic of the knowledge base in the field of management?
What is a key characteristic of the knowledge base in the field of management?
Which of the following is a feature of management education specifically discussed in the text?
Which of the following is a feature of management education specifically discussed in the text?
What is the primary purpose of a code of conduct for managers, as discussed in the text?
What is the primary purpose of a code of conduct for managers, as discussed in the text?
What is the relationship between the goal of management and the nature of organizations?
What is the relationship between the goal of management and the nature of organizations?
Why is profit maximization not considered the sole objective of management today?
Why is profit maximization not considered the sole objective of management today?
Based on the text, what does the existence of management associations suggest about the field of management?
Based on the text, what does the existence of management associations suggest about the field of management?
Flashcards
Production Process
Production Process
The flow of input material transformed into output.
Management Functions
Management Functions
Continuous tasks like planning, organizing, and controlling.
Continuous Process
Continuous Process
Management involves an ongoing series of functions.
Group Activity in Management
Group Activity in Management
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Diverse Individuals
Diverse Individuals
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Organizational Goals
Organizational Goals
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Teamwork
Teamwork
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Manager's Tasks
Manager's Tasks
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Management
Management
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Nature of Management
Nature of Management
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Management as a Science
Management as a Science
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Management as an Art
Management as an Art
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Existence of Theoretical Knowledge
Existence of Theoretical Knowledge
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Skillful Application of Knowledge
Skillful Application of Knowledge
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Historical Context of Management
Historical Context of Management
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Basic Features of Art
Basic Features of Art
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Importance of Management
Importance of Management
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Achieving Personal Goals
Achieving Personal Goals
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Team Spirit
Team Spirit
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Motivation in Management
Motivation in Management
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Dynamic Nature of Management
Dynamic Nature of Management
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Competitive Edge
Competitive Edge
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Development of Society
Development of Society
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Personal Growth
Personal Growth
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Goal Setting
Goal Setting
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Operational Management
Operational Management
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Human Resources Function
Human Resources Function
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Resource Allocation
Resource Allocation
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Contingency Planning
Contingency Planning
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Organizing in Management
Organizing in Management
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Supplier Management
Supplier Management
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Resource Grouping
Resource Grouping
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Global Organisation
Global Organisation
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Global Manager
Global Manager
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Hard Skills
Hard Skills
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Soft Skills
Soft Skills
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Cultural Adaptation
Cultural Adaptation
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Multi-faceted Role
Multi-faceted Role
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Cultural Awareness
Cultural Awareness
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Intercultural Relationships
Intercultural Relationships
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Well-defined body of knowledge
Well-defined body of knowledge
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Restricted entry
Restricted entry
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Systematic body of knowledge
Systematic body of knowledge
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Professional conduct
Professional conduct
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Management education
Management education
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Profit maximization
Profit maximization
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Service objective
Service objective
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Dynamic field of management
Dynamic field of management
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Study Notes
Management at Tata Steel
- Founded in 1868 by Jamsetji Nusserwanji
- Tata Group is a global conglomerate in over 100 countries
- Tata's values and innovation guide company strategies
- Jamsetji Nusserwanji had four goals: an iron and steel company, a world-class institute, a hotel and a hydro-electric plant (the hotel was successfully built)
- Tata paid workers gratuity and provident funds before it was mandatory
- The Tata Group has 29 publicly-listed enterprises (including Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels)
- Combined market capitalization of approximately $103.51 billion (2016-17).
- The Tata Group emphasizes social responsibility, balancing economic prosperity, environmental responsibility, and social benefits for the community
Learning Objectives
- Describe the characteristics of management and its importance in an organization
- Explain the nature of management as an art, science and profession
- Explain the functions of management
- Appreciate the nature and importance of coordination
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