Management Fundamentals
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Management Fundamentals

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Questions and Answers

What is the relationship between effectiveness and efficiency in management?

  • They are unrelated
  • Efficiency is more important than effectiveness
  • They are interdependent (correct)
  • They are mutually exclusive

    • What is the primary goal of management in an organisation?

  • To ensure the effective and efficient attainment of objectives (correct)
  • To achieve coordination of human and material resources
  • To maximise profits by reducing costs
  • To maintain a work environment free of conflicts

    • What is the result of being effective but not efficient in management?

  • Increased employee motivation
  • A decline in demand for the organisation's products
  • Higher costs for the organisation (correct)
  • Improved productivity and efficiency

    • What is the consequence of poor management in an organisation?

    <p>Stemming from both inefficiency and ineffectiveness</p> Signup and view all the answers

    What is the primary focus of management according to Robert L. Trewelly and M. Gene Newport?

    <p>Planning, organising, actuating, and controlling an organisation's operations</p> Signup and view all the answers

    What is the ultimate goal of management in terms of efficiency and effectiveness?

    <p>To aim for high efficiency and effectiveness</p> Signup and view all the answers

    What is the primary goal of management in an organization?

    <p>To achieve stated goals with minimum resources</p> Signup and view all the answers

    What is a common characteristic of management across different organizations and countries?

    <p>A goal-oriented process</p> Signup and view all the answers

    What is a key aspect of management in terms of people?

    <p>Utilizing strengths and minimizing weaknesses</p> Signup and view all the answers

    What is the main purpose of operations management in an organization?

    <p>To provide a product or service</p> Signup and view all the answers

    What are the three main dimensions of management?

    <p>Management as work, people, and operations</p> Signup and view all the answers

    Why is delegation of authority essential in management?

    <p>For effective management</p> Signup and view all the answers

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