5 Questions
What is the primary objective of management?
To optimize organizational efficiency
Which of the following is NOT a characteristic of effective management?
Micromanaging
What is the role of top-level management in an organization?
To set organizational goals and objectives
Which management function involves assigning tasks and delegating authority to employees?
Organizing
What is the ultimate goal of the controlling function of management?
To monitor and correct deviations from planned goals
Study Notes
Management Objectives
- The primary objective of management is to achieve the organization's goals and objectives efficiently and effectively.
Characteristics of Effective Management
- NOT a characteristic of effective management:
- Autocratic decision-making
Roles of Management
- Top-level management in an organization:
- Formulates overall strategy and direction
- Establishes organizational goals and objectives
Management Functions
- Directing function:
- Involves assigning tasks and delegating authority to employees
- Guides and motivates employees to achieve organizational goals
Controlling Function
- The ultimate goal of the controlling function:
- To ensure that the organization's goals and objectives are being met
- Identify and correct deviations from planned performance
Test your understanding of basic management principles, including the primary objective, characteristics, and roles of management. Explore the functions of management and their ultimate goals.
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