Podcast
Questions and Answers
What is the primary objective of management?
What is the primary objective of management?
Which of the following is NOT a characteristic of effective management?
Which of the following is NOT a characteristic of effective management?
What is the role of top-level management in an organization?
What is the role of top-level management in an organization?
Which management function involves assigning tasks and delegating authority to employees?
Which management function involves assigning tasks and delegating authority to employees?
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What is the ultimate goal of the controlling function of management?
What is the ultimate goal of the controlling function of management?
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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
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Description
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.